I hate carrying around coins, so I hope never.
Coins are easy to lose from your pockets.
Coins make too much noise.
Coins are too easy to spend. People put more value into paper money even if it is only a dollar. I am less likely to spend a dollar bill than a bunch of pocket change that may equal a dollar.
5 large coins in your pocket weighs a lot more than 5 bills.
Drug users can’t snort drugs with coins. Without happy drug users, this country is in trouble. (j/k)
“New coins would make it much easier to pay for a beer, bus fare, laundry”
How? Last time I checked, no one around here charges whole amounts for these things. I don’t drink, but I can imagine that a beer is about $3, so you’ve got to have at least 3 $1 coins in your pocket for that. And who drinks only one beer? Laundry used to cost me about $50 or so a load, so carrying around these $1 coins do me no good, unless they up the prices. In that case, I’m better off buying a washing machine and dryer. I’ve never ridden a bus, but I’m sure its not a whole dollar amount either, so the only advantage for coin money here is that I don’t have to make sure I have crisp bills. But in the long run, if I’m doing these three things with cash…I would be carrying around a lot of coins because its “easier” to do so.
I’m glad we have some coins, but it just makes more sense to me to have bills once you get past .99 cents—probably because that’s what I am used to, but I can’t imagine it any other way.