While I appreciate the intent, the production fo the Presidential Dollar coins are a complete waste of resources. There is no legitimate reason to produce a new coin and then put them in storage. Evenmore, there is no reason to build new storage space to store coins that are not going to be circulated.
Each of the 12 regional Federal Reserve Banks is permitted to issue up to 300,000,000 one dollar Federal Reserve Notes each calendar year.
Each... more »
No more confusion between a quarter and a golden dollar. This means that one area of resistance to use the dollar coin is eliminated. Dollar coins have lower life cycle costs than paper one dollar bills.
It takes care of a major issue in trying to eliminate the 5 cent coin. (You could make the 5 cent coin form something other than nickel but it would have to get a new nick... more »