Debate in the US is heating up over the issue of replacing the country’s beloved dollar note with a coin.
The United States’ Government Accountability Office (GAO) report suggests that switching to $1 coins could save $4.4 billion over the next 30 years.
This sparks some interesting questions that are of great relevance to everyone here at The Royal Mint. We have over 1,100 years of experience in minting, and we are currently the world’s leading export Mint. Having been through the same experience some 30 years ago when we switched from the £1 note to the £1 coin, we simply had to respond to this fascinating debate.