Billions in taxpayer savings: In eight separate reports over 22 years (in 1990, 1993, 1995, 2000 , 2011, 2012, 2012 and 2013) the nonpartisan Government Accountability Office has recommended switching to the dollar coin in order to save the American taxpayer billions of dollars. In 2012, the GAO reported that the switch would save the government a minimum of $150 million per year, or $4.5 billion over a 30-year period. Previous studies have put the savings as high as half a billion dollars per year.
Taxpayer support: Two-Thirds of Americans support replacing the dollar bill with the dollar coin when informed of the potential government savings.
International currency: Other major countries have benefited from replacing small denomination bills with coins.