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A modern Gold dollar. The dollar coin is a United States coin with a face value of one United States dollar. Dollar coins have been minted in the United States in gold, silver, and base metal versions. Dollar coins were first minted in the United States in 1794. Dollar coins have almost never been popular in circulation since their inception.
The customary design on coins is a portrait of a notable individual (living and/or deceased) on the obverse or reverse, unless the subject is depicted on both sides of the coin. Elizabeth II , former Queen of the Commonwealth realms and their territories and dependencies, features on more coins than any other person.
1879 Morgan dollar. In 1876, George T. Morgan began creating a series of new coin designs at the behest of Director of the Mint, Dr. Henry R. Linderman. [1] Morgan opted to use the profile of an American girl to depict the Goddess of Liberty instead of simply creating an imaginary figure for the obverse of his new design. [1]
As a way of honoring more presidents, the U.S. Mint began issuing Presidential Dollar coins in the 2000s. Most are worth about face value, but a couple are valued in six figures due to errors .
“The very first issue of the Sacagawea coins came in Cheerios boxes starting Jan. 1, 2000, but those coins were packaged in such a way that you could not see their reverse,” DeLorey continues.
A special three-coin set of 40% silver coins were also issued by the U.S. Mint in both Uncirculated and Proof. Use of the half-dollar is not as widespread as that of other coins in general circulation; most Americans use dollar coins, quarters, dimes, nickels and cents only, as these are the only coins most often found in general circulation.
The same study was repeated using two one-dollar bills vs. one two-dollar bill (yes, such a thing does exist). Again, the more familiar money was thought to have more purchasing power.
In 1991, a 12-coin silver five-dollar series was issued in the Bahamas commemorating the 500th anniversary of European discovery of the Americas. Three of those coins showed images of U.S. presidents, with the coat of arms of the Bahamas on the obverse side. Thomas Jefferson. $5, 1991, silver, with Independence Hall – Declaration of ...