Small-denomination bills have been replaced with coins in the EU, Canada, Australia and other nations, but not in the United States.
U.S. dollar coins are only popular in coin-heavy businesses like car washes, laundromats, and transit systems. In this video, 35th Director of the U.S Mint (1994–2000) and U.S. Money Reserve President Philip N. Diehl and 38th Director of the U.S. Mint (2006–2011) and U.S. Money Reserve Senior IRA Strategist Edmund C. Moy share some insight about this form of currency.
