Dear Joe and All,
In Australia, we have had dollar coins and two dollar coins for many years,
without their paper (or in our case polymer equivalents). The mint is now
considering replacing the five dollar polymer note with a coin.
Cheers,
Pat Naughtin
CAMS - Certified Advanced Metrication Specialist
- United States Metric Association
ASM - Accredited Speaking Member
- National Speakers Association of Australia
Member, International Federation for Professional Speakers
--
on 2001/12/27 11.21, Joseph B. Reid at [EMAIL PROTECTED] wrote:
> When Canada introduced its one dollar coin some dozen or more years ago the
> Government ordered the banks to accept one dollar bills, but to pay out
> only one dollar coins. The result was that paper dollars vanished from
> circulation in a few months. The same procedure a short time later
> replaced two dollar paper bills with two dollar coins. The operation was
> expected to save money in the long run because coins last so much longer
> than paper monmey.
>
> Joseph B.Reid
> 17 Glebe Road West
> Toronto M5P 1C8 TEL. 416-486-6071
>