Alternatives
What
do we do when we successfully eliminate the penny and there's this big
empty slot in the cash drawers of America? The U.S. Mint already has
us covered. We can use that now-vacant spot for real money: The $1
coin. The dollar coin has been around for decades, but it has never
been able to unseat the mighty dollar bill.
The dollar bill... the sweaty, dog-eared, ripped up,
cocaine-coated
foundation of American capitalism. We can do better. We have done
better. The Sacagawea "Golden
Dollar" was a step in the right
direction. It tarnished too quickly, but that can be fixed.
The point
was that they were great for vending machines and they were fun to use
instead of regular dollar bills. It also freed up our wallets so that
we knew, if there was anything in there at first glance, it was at
least $5, and possibly more.
In the past there was
the old Susan B. Anthony.
Although no longer in production,
it can still be found shining brightly in circulation. In the
future, the dollar coin will have another chance at earning popularity
with the arrival of the American Presidents series.
Above is the design for the obverse face of the forthcoming dollar coin in the Presidential $1 Coin Program from the US Mint. Attractive, useful, and it still pays homage to George Washington, so it lessens to blow to Washington advocates who fear that he'll be forgotten should the greenback become extinct.