U.S. Mints $1 Coins

Author: Duane Johnson

15 Feb

CNN Money is reporting that the U.S. Mint has begun circulating $1 coins. Canada did that quite some time ago and I think it worked out well. We’ll have to watch and see what the rest of America thinks

I was thinking about the other recent news about U.S. coins, too, and came up with a fun tagline: “U.S. Mint: We don’t make cents any more.”

Well, that’s not true yet. But it’s still pretty crazy how you can make a profit by hoarding the raw metal material in pennies and nickels.

Filed under: Economy, Uncategorized

5 Responses for "U.S. Mints $1 Coins"

Thomas Aylott February 15th, 2007 at 8:25 am 1
I can’t remember the last time I had money.
The check comes in and the wife goes shopping

I love having an Executive Assistant (aka. “wife”)
Corban Brook February 15th, 2007 at 8:57 am 2
Id say make a coin for anything under $10. These days whenever i get a five’r it ends up crumpled up in my change pocket with my loonies and twonies anyways. A ten’er is worth the effort to keep in a wallet or money clip. Cant even get a drink at a bar for $5 these days.
Dale Thoms February 20th, 2007 at 9:36 pm 3
The US has had dollar coins forever but apparently not many people know about them :P. This is just the latest attempt at getting us to use them.
Duane Johnson February 21st, 2007 at 8:35 am 4
Yeah, I have a couple from the early 1900s and one from the 1800s! They made ‘em out of real silver back in those days.
Connor February 22nd, 2007 at 3:43 pm 5
Perhaps more people would care if they had any sort of intrinsic value. A round piece of metal stamped with “One Dollar” doesn’t excite me that much. It’s fiat whether it’s paper, plastic, or metal.