On my lunch break today I ran a few errands. One of my errands was to pickup stamps, one of life’s necessities to ensure that bills are paid on time. After buying my stamps from the vending machine I receive my change in one dollar coins. Not a surprise since the government has piles of them that they need to get into circulation. I ended up with two Susan B. Anthony coins and three Sacagawea coins. The Sacagawea coins were pretty roughed up. The gold coating seems to be rubbing off on all of the high points. You would think that with the huge supply of these coins that the government has and the fact that consumers do not seem to want to use them that they would want to wait before they attempt to issue another dollar coin. However, they are currently considering issuing one dollar coins with each of the US Presidents on them. This would be similar to the state coins that are currently being issued on quarters. Personally, I think it’s going to take much more than a series of Presidential coins to raise the interest level in one dollar coins.
Posted by Jeff at March 24, 2004 02:59 PM