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<p>[QUOTE="CamaroDMD, post: 691488, member: 5233"]The US does still make dollar coins...we actually have two seperate series of dollar coins being minted right now. We have the Sacajawea Dollar which has been minted since 2000. From 2000-2008 it featured an Eagle in Flight on the reverse. But, the Native American $1 Coin Act was passed in 2007 changed the reverse of the coin. Beginning in 2009, new reverses will be minted and replace the eagle (the law right now states that a new design per year through 2012 will be created). Each design will illustrate parts of Native American life. The 2009 design is based on agriculture.</p><p><br /></p><p>At the same time, we also have the Presidential Dollar series. This began in 2007. This series places the face of each deceased American president on the obverse of the coin beginning with George Washington. Four coins are released each year and the presidents appear in the order they were elected. Currently, they are minting coins featuring James K. Polk...the 11th President. The reverse depicts the Statue of Liberty.</p><p><br /></p><p>With the current law, 20% of the dollar coins minted must be Sacajawea Dollars while the other 80% are Presidential Dollars. </p><p><br /></p><p>With all that said, the dollar coins are unpopular and don't circulate much. The US has tried to make them more popular in the hopes of getting rid of the dollar bill...but it has failed. The problem with the bill is the cost. Let's say it costs 2 cents to make a bill that lasts 6 months and it costs 10 cents to make a coin that lasts 30 years...the coin is clearly the more cost affective option. But, for now we continue to cling to the bill. So, the coins don't see much action.</p><p><br /></p><p>We have never had a $2 coin. The closest thing was the gold quarter eagle which had a face value of $2.50 but it was last minted in the 1930s. We do have $2 bills but they don't circulate much either.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 691488, member: 5233"]The US does still make dollar coins...we actually have two seperate series of dollar coins being minted right now. We have the Sacajawea Dollar which has been minted since 2000. From 2000-2008 it featured an Eagle in Flight on the reverse. But, the Native American $1 Coin Act was passed in 2007 changed the reverse of the coin. Beginning in 2009, new reverses will be minted and replace the eagle (the law right now states that a new design per year through 2012 will be created). Each design will illustrate parts of Native American life. The 2009 design is based on agriculture. At the same time, we also have the Presidential Dollar series. This began in 2007. This series places the face of each deceased American president on the obverse of the coin beginning with George Washington. Four coins are released each year and the presidents appear in the order they were elected. Currently, they are minting coins featuring James K. Polk...the 11th President. The reverse depicts the Statue of Liberty. With the current law, 20% of the dollar coins minted must be Sacajawea Dollars while the other 80% are Presidential Dollars. With all that said, the dollar coins are unpopular and don't circulate much. The US has tried to make them more popular in the hopes of getting rid of the dollar bill...but it has failed. The problem with the bill is the cost. Let's say it costs 2 cents to make a bill that lasts 6 months and it costs 10 cents to make a coin that lasts 30 years...the coin is clearly the more cost affective option. But, for now we continue to cling to the bill. So, the coins don't see much action. We have never had a $2 coin. The closest thing was the gold quarter eagle which had a face value of $2.50 but it was last minted in the 1930s. We do have $2 bills but they don't circulate much either.[/QUOTE]
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