Resources

If you would like to read the full text of the Currency, Optimization, Innovation and National Savaings (COINS) Act, HR 2977 please download the pdf here.

The Government Accountability Office (GAO) has recommended the United States eliminate the $1 note and switch to the $1 coin five times over the past 20 years. The GAO has estimated savings between the current $184 million per year to $522 million per year, and their recommendation remains the same today. Eliminating the $1 bill will …

In 2002, Gallup surveyed whether adults favored or opposed replacing the $1 bill with the $1 Coin if it saved the government $500 million dollars each year: “The percentage of survey respondents who opposed replacing the dollar bill with a dollar coin decreased when government savings are mentioned. When told that it would save about …

The Honorary Chairman of the Dollar Coin Alliance, Jim Kolbe was on Mike McConnell’s morning show on WGN Chicago discussing how the dollar coin will save the government billions. Listen to the interview here.

Stop Legislating this buck and kill the dollar bill By Michael Zielinski, Published: August 11 Washington Post - Article Link In the past month, six bills have been introduced in Congress to address a seemingly urgent issue before our nation: our growing stockpile of $1 coins. Technically, the issue is not just the $1.2 billion in dollar coins …

The Other Side of the Dollar Coin By Jim Kolbe July 19 2011 The Daily Caller Recent reports by NPR, NBC and ABC have highlighted the millions of $1 coins sitting in Federal Reserve vaults across the country. The images are stark — bags of coins piled high in dank government warehouses, the result of …