Swapping Dollar Coins For Bills Could Save $5.5 Billion, GAO Says
"Officials from both countries told GAO that this step was essential to the success of their transition and that. The GAO says Canada and Britain figured out how to really encourage people to use coins instead of paper money: take the paper money away.
$1 coins: Unloved and out of currency
In Canada and the United Kingdom, public resistance to coins dissipated within years when there. The $1 coins have a lot going for them. They are durable and can be used easily in vending machines. They far outlast paper money. But in the rock-paper.
Endangered bill
Canada saved. You see, it costs 18 cents. to hoard coins and spend paper money. The United States is one of the few countries not to convert lower denominations from paper to coin. Many countries have replaced lower denomination paper money with coins.
Legal tender equality: Americans lack a paper money woman
Up in Canada, their $100 bill isn't paper, it's some kind of fancy plastic, but. All of the paper money in the United States. is on dollar coins produced since 1999. Susan B. Anthony, the suffragette, was on dollar coins produced from 1979 to 1981.
Washington Dollar Errors
But, that too was short lived, by a striking error of over 150,000,000 coins. The news media tonight, 03-07-07 Wednesday nite, claimed that the U.S. Mint, found an error amoungst 300,000,000 new Washington Dollar coins. The U.S.Mint claimed that maybe over half of the coins, fave errors, on them. The craze will be over, when people realize, that the local banks, and collectors and graders have the coins. Already on e-bay, at the 10pm hour, there was a report that the coins were already selling at over $100.00 each. At Yahoo, at their on line auction house, there coins were selling for over $300.00 each, and the prices keep going up. The U.S.Mint was amazed, because the stamping was to deep on some coins, not deep enough on other coins, and some coins were misaligned, when the stamping occured. The U.S.Mint, is not infallable; and yet, when the craze dies down, people will become aware, that there are more than enough coins, to make everyone happy. This was a declaration by the U.S. Mint. Myself, personally. I don't really care. I am just collecting a few coins, again.After a long absence from it. Just for when money gets tight. I will have the right coins, to sell, for anyone who collects the pcgs slabbed coins. But mostly, I collect the odd ones. The coins, no one really cares about anymore. The pre-statehood coins. It's nice to see that our FEderal money is going to recognise all of our past Presidents with a memorial coins, that will be in circulation for everyone, so there wont be a made craze over it.

Ecuador coins, paper money and phonecards
Ecuadorian old coins, paper money and phonecards - English version.