Can you use dollar coins

The presidential dollar coin program, which began with George Washington in February , is similar to the state quarters program. The program is set to run at least through and will include only presidents who have died. Despite the popularity of the state quarter program, the presidential dollar coins have not taken off, and interest appears to be waning. Federal Reserve banks, which buy coins from the Mint based on demand from banks that serve consumers and businesses, bought 96 million of the Andrew Jackson coins, the seventh and latest in the series.

That is less than half the amount of Washington coins ordered. One-quarter of the 2, adults surveyed online by Harris Interactive last March said they had seen the dollar coins. Mike Castle, R-Del. He says he had hoped that more people would be asking for the coins at their local stores. The marketing budget has been devoted to more grass-roots efforts, such as launch events for each of the coins. If the US largely switched to coins, people would stop carrying around so many dollars because of the weight.

So you see it just requires a shift in thinking, instead of reinforcing your pocket. The coin was even changed to a US president each year, to encourage collectors but those have been made in less and less quantities each year, and now huge amounts are stowed in treasury vaults throughout the country. This is just the newest plan to initiate the change to coin dollars.

It was especially useful for the muddy dollar lesson. At graduation, I gave each student a grad certificate and a Sacajawean dollar to begin their savings account.

Who wants to carry even more weight in their pockets when hauling around the change the cashier gives you? Whenever I go to Canada I am always reminded what a huge pain it is to have all these dumb loonies and whatever in my pockets. Keep the paper. As a Canadian, the love that Americans have for paper currency that all looks pretty much the same at first glance is somewhat confusing to me.

I like the fact that I can tell a five from a twenty without having to scrutinze the actual bill—colour coding is the key. The quarters, dimes and nickels no more pennies, yay!

I spent a month in Italy several years ago and spent lots of time with 1 and 2 Euro coins in my pocket. They are really convenient! No more bills rejected at vending machines is definitely a positive.

Notify me of followup comments via e-mail. The United States has made. I enjoy using them. Most stores accept them but I have been denied in a few stores and was told that the city of.

My question is do stores or government agencies have to honor them in payment of goods and etc.? First of all,. Westfield City Collector.

Mint, the coin featuring Martha Washington was the first coin struck with a first lady. When we drop a penny, we conduct the ultimate cost-benefit analysis: Should I pick it up? But where are your Sacagaweas? And where are all those John Quincy Adams presidential coins? More business returned the unpopular coin than asked for them. So the government's stockpile actually grew. All of this information is gleaned from a Government Accountability Office report this week with the evocative title: " U.