[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-325335-105":59,"doc-detail-325335-en":134},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":127,"head_meta":129,"extra_data":131,"updated_unix":133},105,"en","the-fate-of-one-dollar-coins-in-the-us","The Fate of One-Dollar Coins in the U.S.","","The text explains why the United States introduced one-dollar coins, including the Susan B. Anthony dollar and the golden Sacagawea dollar, and why both struggled to circulate widely in retail transactions. It analyzes the coin-note frontier as purchasing power shifts over time, and compares the U.S. position with other developed countries. It further evaluates potential cost savings from longer coin durability, seigniorage, and processing efficiencies, while showing that adoption faces tangible and psychological barriers for businesses and consumers.",{"@graph":69,"@context":126},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/the-fate-of-one-dollar-coins-in-the-us/325335/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/the-fate-of-one-dollar-coins-in-the-us/325335.png","ImageObject",300,407,{"name":92,"@type":93},"Ivy","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-31","2026-09-21",true,{"@type":102,"interactionType":103,"userInteractionCount":34},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118,122],{"name":109,"@type":110,"acceptedAnswer":111},"Why did the U.S. introduce new one-dollar coins in the past 25 years?","Question",{"text":112,"@type":113},"The text argues that strong motivations must exist for introducing a coin denomination, especially since similar purchasing power coins work elsewhere. It focuses on economic rationales such as potential cost savings and system design choices like the coin-note frontier.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"What is the coin-note frontier and why does it matter?",{"text":117,"@type":113},"The coin-note frontier is the denomination where the currency system switches from coins to notes. The text explains that inflation erodes purchasing power, so the frontier should change over time, yet the U.S. has not, unlike countries such as Japan, the UK, and Canada.",{"name":119,"@type":110,"acceptedAnswer":120},"How could cost savings arise from using more dollar coins instead of notes?",{"text":121,"@type":113},"Savings come from reduced annual production costs because coins last much longer than paper bills. The text also considers seigniorage revenue and lower processing costs for coins compared with notes, then adjusts projections for practical issues like idle coins in vending machines.",{"name":123,"@type":110,"acceptedAnswer":124},"Why does launching a new dollar coin remain difficult despite potential savings?",{"text":125,"@type":113},"The text states that savings cannot be realized unless the coin is accepted and circulates widely. Obstacles include increased tangible and psychological costs for businesses and consumers, making widespread adoption hard.","https://schema.org",{"og:url":83,"og:type":128,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":130,"canonical":83},"index,follow",{"doc_id":132,"site_id":62},325335,1790739557,{"code":4,"msg":5,"data":135},{"doc_id":132,"user_id":136,"nickname":92,"user_avatar":137,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":138,"file_id":139,"file_url":140,"file_type":141,"file_size":142,"view_count":34,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":24,"language":143,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":144,"faqs":145,"seo_title":146,"seo_description":67,"update_tm":147,"read_time":148,"preview_page_count":4},549758252649,"https://ap-avatar.wpscdn.com/avatar/8000253669c5317157?_k=1778319167496531819","by Sébastien Lotz and Guillaume Rocheteau  \nauthorized the introduction of a newdollar coin,and in January 2000,thecoin was released to the public.The newcoin,called the golden(Sacagawea)dollar because of its color,aimed toreplace another one-dollar coin intro-duced in 1979,the Susan B.Anthonydollar,and,ultimately,the one-dollarbill.The Anthony and golden dollarcoins have several characteristics incommon:Their size,weight,and elec-tromagnetic properties are the same,andboth coins portray famous women inU.S.history.These coins also share thesame fate:They have both failed to cir-culate widely in retail transactions  \nTwo attempts to introduce a one-dollarcoin in just 25 years suggest there mustbe some strong motivation for having aone-dollar coin.What is it?And if thereare good reasons for having a one-dollarcoin,why has it failed to circulate in theUnited States,when coins with similarpurchasing power circulate successfullyin other countries?  \n■ The Coin-Note Frontier  \nThe most commonly cited economicrationale for introducing dollar coins isthe potential for cost savings.Savingsare possible because the cost of main-taining one-dollar bills in circulation isfar greater than the cost of servicingcoins.While dollar coins are morecostly to produce,they last much longerthan dollar bills.  \nThis trade-off between the initial pro-duction cost and durability comes intoplay when selecting the most cost-efficient material to represent a particu-lar denomination.Longer-lasting materi-als are costly,and resources are wastedifa denomination ismade outof some-thing more durable than it needs to be.The durability ofan object depends alsoon the frequency with which it changes  \n# The Fate of One-Dollar Coins in the U.S.\n\nhands,what economists callits velocity.Since paper money has a low productioncost but is less durable than metallicmoney,it is well suited for large denomi-nations that do not circulate frequently.In contrast,coins,which cost more toproduce,are better suited for smalldenominations that have a high velocityand are subject to greater wear.In most countries,the stock of currency iscomposed of both coins and notes (paperor,as in Australia,polymer money).Butcountries differ in where they set theircoin-note frontier,the denomination atwhich the system switches from coins tonotes.Because inflation constantly erodesthe purchasing power of the units ofmoney,the frontier between small andlarge denominations should change overtime.Other countries—Japan,the UnitedKingdom,and Canada,among others'have changed their frontiers,but theUnited States has not.This is illustrated infigure 1,where the coin-note frontier forthe United States seems out ofline com-pared to those of other countries.In factamong the developed countries shown infigure 1,the United States is the countrywhose largest coin has the smallestpurchasing power.The difference is evenmore striking when one considers thatthe figure includes the one-dollar coin,but the highest denomination coin circu-lating widely in the United States is infact the quarter.  \n## ■ Potential Cost Savings\n\nThe higher coin-note frontiers of mostother developed countries suggest thatthe United States might have somethingto gain by moving its frontier.That gainis cost savings,which by most reckon-ings are fairly substantial.  \nTo get an idea of where the savings comefrom,we can first consider the reductionin annual production costs that would beachieved by substituting an equal number  \nThe United States has introduced twoone-dollar coins in the past 25 years,both of which have not circulatedwidely.Many other countries havereplaced lower-denomination noteswith coins and have achieved widecirculation and cost savings.Lessonsfrom those countries suggest thatachieving widespread use of a dollarcoin is much harder if the note isallowed to remain in circulation.  \nof coins for notes.As mentioned earlier,coins cost more to produce but lastlonger,so for every S100 kept in circula-tion,estimates suggest that ","cbCaikvWmL5NzrG4","https://ap.wps.com/l/cbCaikvWmL5NzrG4","pdf",1222188,"English","# The Fate of One-Dollar Coins in the U.S.\n## Potential Cost Savings\n## The Difficulty of Launching a New Coin","[{\"question\":\"Why did the U.S. introduce new one-dollar coins in the past 25 years?\",\"answer\":\"The text argues that strong motivations must exist for introducing a coin denomination, especially since similar purchasing power coins work elsewhere. It focuses on economic rationales such as potential cost savings and system design choices like the coin-note frontier.\"},{\"question\":\"What is the coin-note frontier and why does it matter?\",\"answer\":\"The coin-note frontier is the denomination where the currency system switches from coins to notes. The text explains that inflation erodes purchasing power, so the frontier should change over time, yet the U.S. has not, unlike countries such as Japan, the UK, and Canada.\"},{\"question\":\"How could cost savings arise from using more dollar coins instead of notes?\",\"answer\":\"Savings come from reduced annual production costs because coins last much longer than paper bills. The text also considers seigniorage revenue and lower processing costs for coins compared with notes, then adjusts projections for practical issues like idle coins in vending machines.\"},{\"question\":\"Why does launching a new dollar coin remain difficult despite potential savings?\",\"answer\":\"The text states that savings cannot be realized unless the coin is accepted and circulates widely. Obstacles include increased tangible and psychological costs for businesses and consumers, making widespread adoption hard.\"}]","The Fate of One-Dollar Coins in the U.S. | PDF",1789970260,13]