With enough spare $1 coins "to meet demand for a decade" (that's 1.4 billion of them, for all you counting along at home), the U.S. Mint is set to cease production of the aggressively unpopular currency.
"Nobody wants them," Vice President Joe Biden said.
Not companies like Coca-Cola (KO) and PepsiCo (PEP), who have to modify their vending machines each time a new coin is issued, and certainly not the general public, who found the dollar coin's size to be too close to a quarter.
According to the Chicago Tribune, not minting dollar coins "will save taxpayers $50 million a year -- or about 15 minutes worth of the federal deficit."
Though the government attempted to stoke demand by reminding consumers that dollar coins last longer than dollar bills and are recyclable, they still never caught on with Americans, who found them too heavy to carry comfortably.
But, but...if people only knew! If there was just some way to let everyone know the benefits of the dollar coin!
See, uh...well...they, um, tried:
Wait -- a gigantic Lady Liberty didn't do the trick? Gentlemen, release the Kraken:
Hmmm...perhaps if the coin, y'know...talked?
Yeah, maybe not.