The Government Efforts To Make One Dollar Coins Popular

By: Cindy Heller

In the past, there were silver one dollar coins, which were
quite popular. In fact, they have a long history in America.
They are minted and circulated from 1794 to 1935. Due to silver
shortage, the production of silver coins was stopped. It is not
easy to find these silver coins nowadays because most of them
are already in the hands of collectors.

In 1971, the government tried to popularize one dollar coin
again and the Eisenhower dollar was produced to achieve this
purpose. Susan B. Anthony dollar replaced Eisenhower dollar in
1979, but this one dollar coin has minimum popularity. After two
decades, in 2000 the government tried again to make one dollar
coin popular by releasing Sacagawea dollar that portrays a
famous Native American woman. This dollar coin again failed to
gain popularity and its demand decreased significantly in the
following year.

The latest effort from the government to push one dollar coin to
public was releasing the presidential dollar coin in 2007. The
coin portrays each U.S. president who has served in order. The
first series in 2007 included four presidents: Washington,
Adams, Jefferson, and Madison. Every year the government will
release four types of presidential coins until all U.S.
presidents have been depicted.

The height, weight, and color are the only similarities between
presidential coins and Sacagawea coin. Elaborate artworks are
used in presidential coins with side inscriptions that state the
issued dates, E. Pluribus Unum, and In God We Trust. The designs
are indeed very attractive as intended by the designers.

If you are interested to get these presidential dollar coins,
you can contact banks, credit unions, and other financial
institutions. You also can ask businesses to give you change in
these presidential dollar coins when you buy something. A
collector book is also available online and through U.S. Mint if
you want to collect the coins. The book is designed specifically
so you can place your coins in order of their release.

Basically the government wants to follow the concept of fifty
state quarters by releasing these presidential dollar coins.
These quarters are still in circulation today and can be
considered quite popular. This is what the government wants that
people can use the presidential dollar coins instead of the one
dollar bills. It is interesting to see whether this effort will
succeed or not because as mentioned previously one dollar bill
is light and foldable.

Article Source: https://www.collectibles-articles.com

Cindy Heller is a professional writer. To learn more about presidential dollar coin, please visit famous coin collections.

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