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Why do $1 coins exist? Why are they making them now (those golden dollar coins)?
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- DigiDocLv 41 decade agoFavorite Answer
The most mainstream reason is for parking meters.
Coins also outlive bills. Bills don't last very long in circulation, but coins can last a lifetime. The long term cost of coins is much cheaper then bills.
- VictoriaLv 41 decade ago
You mean Canadian loonies? It's because they're easier to use in vending machines and last longer than paper bills, I suppose.
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