Bi-metallic coin dated 2006 (minted at Noida). Since 1996, Canada has also produced bi-metallic $2 coins (nicknamed "toonies"). Great Britain has issued a bi-metallic 2-pound coin since 1997; and Singapore has issued a bi-metallic 1-dollar coin since 2013. The first ever tri-metallic circulating coins were 20-francs coins introduced in France and Monaco in 1992. These were similar to the corresponding bi-metallic 10-francs coins, but had two rings instead of one. As well as circulating coins, where they are generally restricted to high-denomination coins, bi-metallic coins are often used in commemorative issues, often made of precious metals. For example, the only bi-metallic coin
United States $1 Coin Act of 1997 nickels, paper dimes, paper quarters, and when they have coins for one-, two-, five-, ten-, twenty-, fifty-, even one-hundred-dollar bills, then I'll be convinced that they truly believe in giving choice to the American people—when we have a choice in every single piece of currency that we have. Where is the logic as to why only the one-dollar bill should be the only choice?" Kolbe also pointed to the success of Canadian loonie, which was extremely unpopular at the time it was introduced. He said that because of the US's antiquated currency system, more and more universities and other communities