1-Dollar Coin: Reintroduction Could Save Millions If It Replaced the
1-Dollar Note (Testimony, 05/03/95, GAO/T-GGD-95-146).

Australia, Canada, Japan, and the major Western European economies all
now use a coin for monetary transactions at, and in many cases well
above, the same level for which Americans use the paper dollar.
Although the United States introduced the Susan B. Anthony one-dollar
coin in 1979, it was poorly accepted.  The dollar note lasts about 1.4
years in circulation before requiring replacement, while coins last
about 30 years.  This report summarizes GAO's earlier work on the
proposed reintroduction of the one-dollar coin.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  T-GGD-95-146
     TITLE:  1-Dollar Coin: Reintroduction Could Save Millions If It 
             Replaced the 1-Dollar Note
      DATE:  05/03/95
   SUBJECT:  Currency and coinage
             Monetary policies
             Precious metals
             Public relations
             Foreign currency
             Printing costs
             Cost effectiveness analysis
             Future budget projections
IDENTIFIER:  Canada
             United Kingdom
             
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