The U.S. Mint has issued a new dollar coin. Do you think the dollar coin will be a success?
Coin of the Commanders in Chief Unveiled
By David Lawder, Reuters
WASHINGTON (Nov. 20) – The U.S. Mint is hoping that Martin Van Buren and Millard Fillmore can do what Susan B. Anthony and Sacagawea couldn’t — get Americans to use dollar coins.
The Mint on Monday revealed the design of the new U.S. $1 coin, which will be issued in a series that will eventually include the faces of each U.S. president.
It will release four new presidential dollars each year, starting with George Washington, John Adams, Thomas Jefferson and James Madison in 2007. The Van Buren dollar will be released in 2008 and the Fillmore in 2010.
Richard M. Nixon, who resigned in disgrace in 1974 in the wake of the Watergate scandal, will appear on the coin in 2016.
The Mint is hoping the continually changing faces will entice consumers to break their traditional reluctance to use dollar coins.
Would you have a problem carrying and using the dollar coin?
Is this a good idea or a farce?
They’ll be a success for collectors. Can you imagine carrying $25 in your purse or pant’s pocket? Too heavy.
