https://www.npr.org/2011/06/28/137394348/-1-billion-that-nobody-wants I wonder if this is still true, an old article i stumbled uponst whilst doing homework (for my hobby/addiction) lol i am addicted to coins..lol anyways, this sounds ridiculous....
The article is referring to the billion dollars of "gold dollar" coins that the public rejected, but mint is still mandated to produce. No silver, unfortunately. Golden Dollar's overall composition: 88.5% copper. 6% zinc. 3.5% manganese.
i read most of the article, i think they mainly have Susie b's and Indian gold coins (Sacajawea)..they were saying if they put them all in public they would net 70 cents per coin profit at the expense of our taxpayers
It's an older article-from 2011. The Presidential dollars aren't in production anymore- haven't been since 2016. Although about the Sacagaweas, I don't know. Those are never going to see widespread use, unless the $1 note is permanently withdrawn- which is highly unlikely, as it's far more popular than the dollar coins. Even in future years, the coins will probably remain an obscure currency, like half dollars and $2 notes, reserved for the use of folks who want to be cool, or bring something unusual into circulation.
The only place that actually wants them is Ecuador. They circulate freely there, and are the standard currency. We ship them by the boatload. I think they only use the Sacagaweas, though, not the presidential dollars. The image of a native woman and child resonates with the Ecuadorian people. It resembles the Madonna and Child imagery that's very common there (at least, that's what the tour guide told me).
