I don’t think dollar coins would be seen as superior by spenders. After all, The US has tried multiple dollar coins that never caught on. I’d argue that the coin is less useful to a spender since it doesn’t fit easily in wallets or money clips.
Edit: Here is some context on why that didn’t work: Why the Sacajawea dollar coin was such an epic failure—and why the Tubman $20 will be better
Cashiers and Spenders disliked the coin form factor.
Krüger visited several other concentration camps to assemble the people he needed, primarily selecting those with skills in draftsmanship, engraving, printing and banking.[22][42] In September 1942 the first 26 prisoners for Operation Bernhard arrived at Sachsenhausen;[43] 80 more arrived in December. When met by Krüger, he called them in the formal and polite form Sie , rather than the more demeaning du , which was normally used when the Nazis spoke to a Jew. Several of the prisoners selected later reported that Krüger had interviewed them for the role, and treated them with politeness and good manners.[44] He also provided the prisoners with cigarettes, newspapers, extra rations and a radio. Prisoners had a ping pong table, and they would play with the guards and among themselves; evenings of amateur theatricals also took place, staged by the prisoners, with a mixed audience of guards and counterfeiters; Krüger provided musicians for musical numbers.[45][46]
File this under “You call that a bank note… This is a bank note…”
All Australian bank notes are made of polymer, the 1st in 1988… I guess counterfeiting might have been in the colonisers/invaders blood given the over the top security features.
Also, because of the polymer the notes contain braille indicators of denomination.
The biggest ‘tell’ is the plastic feel but here are a few more security features:
US loses money on making Pennies and Nickels as well:
FY 2020 Unit Cost to Produce and Distribute 1c, 5c, 10c, and 25c Coins
| One-Cent | Five-Cent | Dime | Quarter | |
|---|---|---|---|---|
| Cost of Goods Sold ($) | 0.0151 | 0.0653 | 0.0326 | 0.0760 |
| Sales, General & Administrative ($) | 0.0022 | 0.0080 | 0.0042 | 0.0091 |
| Distribution to Reserve Banks ($) | 0.0003 | 0.0009 | 0.0005 | 0.0011 |
| Total Unit Cost ($) | 0.0176 | 0.0742 | 0.0373 | 0.0862 |
source:
Really, rather than a nation’s list of capabilities this sounds like Tuco’s (Eli Wallach) list of convictions. Counterfeiting of money and pharmaceuticals, kidnapping, drug running & dealing, what else?
Except that Tuco was actually a fun guy to have around (as long as his gun was unloaded).
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