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Keyword: usmint

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  • Mint runs out of gold coins - sales halted

    09/27/2008 3:19:26 PM PDT · by Chet 99 · 24 replies · 905+ views
    The U.S. Mint is temporarily halting sales of its American Buffalo 24-karat gold coins because it can't keep up with soaring demand as investors seek the safety of gold amid economic turbulence. The 1-ounce coin has a face value of $50 but is priced for sale according to the fluctuating value of gold.
  • Mint runs out of gold coins - sales halted

    09/27/2008 2:33:32 PM PDT · by mathprof · 29 replies · 841+ views
    sfgate ^ | 9/27/08
    The U.S. Mint is temporarily halting sales of its American Buffalo 24-karat gold coins because it can't keep up with soaring demand as investors seek the safety of gold amid economic turbulence. The 1-ounce coin has a face value of $50 but is priced for sale according to the fluctuating value of gold.
  • Shipwreck's Coins Are Very Rare

    05/14/2008 10:43:27 PM PDT · by fishhound · 32 replies · 5+ views
    AOL/AP ^ | 2008-05-14 | ALAN SAYRE,
    NEW ORLEANS (May 14) - A steamship that sank off the Louisiana coast during an 1846 storm has produced a trove of rare gold coins, including some produced at two largely forgotten U.S. Mints in the South, coin experts say. Last year, four Louisiana residents salvaged hundreds of gold coins and thousands of silver coins from the wreckage of the SS New York in about 60 feet of water in the Gulf of Mexico, said David Bowers, co-chairman of New York-based Stack's Rare Coins. "Some of these are in uncirculated or mint condition," Bowers said, predicting the best could bring...
  • Congress looking at steel pennies and nickels

    05/08/2008 8:42:43 AM PDT · by Red Badger · 42 replies · 3+ views
    ap.google.com ^ | 05/07/2008 | By LAURIE KELLMAN
    WASHINGTON (AP) — Further evidence that times are tough: It now costs more than a penny to make a penny. And the cost of a nickel is more than 7 1/2 cents. Surging prices for copper, zinc and nickel have some in Congress trying to bring back the steel-made pennies of World War II, and maybe using steel for nickels, as well. Copper and nickel prices have tripled since 2003 and the price of zinc has quadrupled, said Rep. Luis Gutierrez, D-Ill., whose subcommittee oversees the U.S. Mint. Keeping the coin content means "contributing to our national debt by almost...
  • Sessions Leads 100th Year Boy Scout Recognition Efforts

    05/02/2008 12:24:06 PM PDT · by fgoodwin · 9 replies · 26+ views
    Office of Pete Sessions ^ | Apr 23, 2008 | Office of Pete Sessions
    Sessions Leads 100th Year Boy Scout Recognition Efforts http://sessions.house.gov/News/DocumentSingle.aspx?DocumentID=89413 Introduces Commemorative Coin, Garners Support for Commemorative Stamp Washington, Apr 23, 2008 U.S. Congressman Pete Sessions (R-Dallas) is leading congressional efforts to recognize the 100th Anniversary of the Boy Scouts of America in 2010 by introducing legislation for a “100 Years of Scouting” commemorative coin. “Boy Scouts are a significant part of American culture, shaping the values, citizenship, and skills of millions of young men,” Sessions stated. “As an Eagle Scout with four generations of Boy Scouts in my family, I strongly value the Boy Scouts’ history of instilling a sense...
  • US Mint Rejects DC Voting Rights Quarter

    02/27/2008 4:52:05 PM PST · by SmithL · 49 replies · 55+ views
    The U.S. Mint has rejected three designs for a commemorative District of Columbia quarter because they include the slogan "Taxation Without Representation." The Mint said Wednesday the slogan is too controversial. D.C. Mayor Adrian M. Fenty says it's a fair assessment.
  • "In God We Trust" Back in Proper Place on New $1 Presidential Coins

    01/25/2008 1:02:59 PM PST · by tpanther · 113 replies · 36+ views
    "In God We Trust" Back in Proper Place on New $1 Presidential CoinsJanuary 07, 2008 ANN ARBOR, MI – In March 2007, the Thomas More Law Center, a national public interest law firm based in Ann Arbor, Michigan, alerted Americans that the federal government had removed “In God We Trust” from the face of newly minted $1 Presidential coins and relegated our national motto to the virtually unreadable edge of the coin. The motto appeared to be merely scratches on the edge, unless one looked for it with a magnifying glass. To make matters worse, thousands of the coins did...
  • TMLC: "In God We Trust" Back in Proper Place on New $1 Presidential Coins

    01/07/2008 2:47:23 PM PST · by Gene Eric · 3 replies · 4+ views
    Thomas More Law Center ^ | January 07, 2008 | (no annotation)
    ANN ARBOR, MI – In March 2007, the Thomas More Law Center, a national public interest law firm based in Ann Arbor, Michigan, alerted Americans that the federal government had removed “In God We Trust” from the face of newly minted $1 Presidential coins and relegated our national motto to the virtually unreadable edge of the coin. The motto appeared to be merely scratches on the edge, unless one looked for it with a magnifying glass. To make matters worse, thousands of the coins did not even have the motto stamped on the edge as required by law. Religious -...
  • 'In God We Trust' moving to face of $1 coins

    12/28/2007 4:14:34 AM PST · by Man50D · 20 replies · 13+ views
    WorldNetDaily.com ^ | December 28, 2007 | Bob Unruh
    The words "In God We Trust" have been placed in prominent display on U.S. coinage since 1864, until a new $1 coin series honoring U.S. presidents was introduced at the beginning of 2007, when the motto was concealed on the edge. But no more. Congress has approved a consolidated spending bill, and President Bush has signed it into law, that includes a provision for the motto to be placed on either the front or back of new coins in the series. WND broke the story earlier when the coins were announced, showing how the acknowledgment to God was hidden on...
  • 'In God' returning to $1 coin prominence

    12/27/2007 11:13:31 AM PST · by Sopater · 41 replies · 55+ views
    Baptist Press ^ | Dec 26, 2007
    The “In God We Trust” inscription, currently on the edge of the presidential $1 coin, apparently will return to the obverse (front) or reverse (back) of the coin, thanks to a bill recently passed by Congress. Photo Terms of Use WASHINGTON (BP)--Presidential one dollar coins are the only U.S. coins currently being issued by the United States Mint that have the inscription "In God We Trust" along the edge, but public pressure soon may send the motto back to the front or back of the coins. Legislation introduced by Sens. Sam Brownback, R.-Kan., and Robert Byrd, D.-W.Va., that would...
  • D.C. Gets 25 Cents' Worth of Respect District Will Finally Get Its Own Quarter From Mint

    12/20/2007 9:26:14 AM PST · by somfphite · 25 replies · 9+ views
    D.C. Gets 25 Cents' Worth of Respect District Will Finally Get Its Own Quarter From Mint By Mary Beth Sheridan Washington Post Staff Writer Thursday, December 20, 2007; A01 The District has no vote in Congress, its laws can be trampled by federal legislators and even its streets can be closed by the feds on a moment's notice. But after nearly 10 years of fighting, the city finally won a new mark of respect this week. It will have its very own quarter. The measure, tucked into a giant federal spending bill, puts the District on the same level as...
  • D.C. Gets 25 Cents' Worth of Respect - District Will Finally Get Its Own Quarter From Mint

    12/20/2007 6:11:43 AM PST · by RDTF · 26 replies · 18+ views
    The Washington Post ^ | Dec 20, 2007 | Mary Beth Sheridan
    The District has no vote in Congress, its laws can be trampled by federal legislators and even its streets can be closed by the feds on a moment's notice. But after nearly 10 years of fighting, the city finally won a new mark of respect this week. It will have its very own quarter. The measure, tucked into a giant federal spending bill, puts the District on the same level as the 50 states, at least when it comes to the popular coins showcasing home-state icons such as mountains, birds, race cars and fiddles. The D.C. quarter is due in...
  • US Mint subtly endorses Hillary Clinton

    11/13/2007 5:20:31 PM PST · by AngieGal · 10 replies · 4+ views
    US Mint ^ | AngieGal
    This year the US Mint issued $1 Presidential coins. Also, in June 2007 the mint released "The First Spouse Gold Coins". These are one-half ounce $10 gold coins honoring the "First Spouses". We have been calling these women "First Ladies" for centuries. Only now that Hillary comes on the scene suddenly everyone, including the US Mint, starts kowtowing and trying to influence our language to get ready for her. By the way, the first two coins sold out completely within 3 to 3 1/2 hours of being released at over $400 each.
  • Dollar Coins Missing 'In God We Trust'

    03/07/2007 9:47:53 PM PST · by ajolympian2004 · 75 replies · 3,365+ views
    AP via Yahoo Business News ^ | Wednesday March 7, 12:51 pm ET | Joann Loviglio
    APDollar Coins Missing 'In God We Trust' Wednesday March 7, 12:51 pm ET By Joann Loviglio, Associated Press Writer U.S. Mint Says Unknown Number of New One Dollar Coins Missing 'In God We Trust' Inscription PHILADELPHIA (AP) -- An unknown number of new George Washington dollar coins were mistakenly struck without their edge inscriptions, including "In God We Trust," and made it past inspectors and into circulation, the U.S. Mint said Wednesday. In this undated photo released by Professional Coin Grading Service, a George Washington dollar coin missing the edge inscription is shown. The properly struck dollar coins, bearing the...
  • U.S. first ladies to be honored on coins

    12/15/2006 11:27:47 PM PST · by NormsRevenge · 22 replies · 599+ views
    AP on Yahoo ^ | 12/15/06 | Martin Crutsinger - ap
    WASHINGTON - Not to be outdone by their husbands, the first ladies are getting their chance to shine on the nation's coins. Starting next year, Martha Washington, Abigail Adams and all the rest will begin appearing on a new series of gold coins. It will be the first time in history that the U.S. Mint has produced a series featuring women. While a new presidential series will be $1 circulating coins, the wives will be on half-ounce gold coins with each likely to sell for more than $300. Both coins were authorized by Congress in 2005 with lawmakers modeling the...
  • Family Sues Mint Over Rare, Valuable Coins

    12/14/2006 3:31:06 PM PST · by BradJ · 58 replies · 2,289+ views
    AP/AOL ^ | 12/06/2006 | JOANN LOVIGLIO
    PHILADELPHIA (Dec. 5) - A family is suing the U.S. Mint, saying it illegally seized 10 gold coins that are among the rarest and most valuable in the world that the family found among a dead relative's possessions. ...... There were 445,500 minted in 1933, but they were melted down before being released into circulation when President Franklin D. Roosevelt took the country off the gold standard. A handful escaped, however. Two were deliberately set aside and are at the Smithsonian Institution. The Mint has said any others in existence were obtained illegally,
  • U.S. mint pushes new $1 coin

    11/20/2006 7:44:41 AM PST · by TonyRo76 · 313 replies · 5,973+ views
    CNN.com ^ | November 20 2006: 10:29 AM EST | anon.
    WASHINGTON (Reuters) -- The U.S. Mint is hoping that Martin Van Buren and Millard Fillmore can do what Susan B. Anthony and Sacagawea couldn't - get Americans to use dollar coins. The Mint on Monday revealed the design of the new U.S. $1 coin, which will be issued in a series that will eventually include the faces of each U.S. president. It will release four new presidential dollars each year, starting with George Washington, John Adams, Thomas Jefferson and James Madison in 2007.
  • New dollar coins a golden opportunity for collectors

    11/20/2006 11:26:36 AM PST · by Teflonic · 87 replies · 1,697+ views
    Seattle Post-Intelligencer ^ | 11/20/06 | MARTIN CRUTSINGER
    WASHINGTON -- Can George Washington and Thomas Jefferson succeed where Susan B. Anthony and Sacagawea failed? The U.S. Mint is hoping U.S. presidents will win acceptance, finally, for the maligned dollar coin. The public will get the chance to decide starting in February when the first of the new coins, bearing the image of the first president, is introduced. Washington, John Adams, Thomas Jefferson and James Madison are scheduled to grace the coin in 2007, with a different president appearing every three months. The series will honor four different presidents per year, in the order they served in office. Each...
  • Feds Lower Boom on Alternative Money (Liberty Dollar users prosecuted)

    09/15/2006 2:45:33 PM PDT · by BradJ · 43 replies · 1,801+ views
    USA Today (AOL) ^ | 09/15/2006 | Barbara Hagenbaugh
    <p>WASHINGTON (Sept. 15) — The government Thursday warned consumers and businesses that it is illegal to use alternative money known as "Liberty Dollar" coins, which organizers promote as a competitor to the almighty dollar.</p> <p>"We don't want consumers to be fooled," U.S. Mint spokeswoman Becky Bailey says, noting U.S. Attorneys offices across the USA have noticed a marked increase in inquiries about the coins.</p>
  • Pennies May Soon Be a Thing of the Past

    07/02/2006 9:43:43 PM PDT · by freepatriot32 · 63 replies · 1,539+ views
    http://articles.news.aol.com/ ^ | 4 3 06 | JEFF DONN
    PLYMOUTH, Mass. (July 2) - In this village settled by thrifty Pilgrims, you can still buy penny candy for a penny, but tourist Alan Ferguson doubts he'll be able to dig any 1-cent pieces out of his pockets. He rarely carries pennies because "they take up a lot of room for how much value they have." Instead, like so many other Americans, he dumps his pennies into a bucket back home in Sarasota, Fla. Pity the poor penny! It packs so little value that merry kids chuck pennies into the fountain near the candy store, just to watch them splash...
  • Golden buffalo to roam again, as a coin - U.S. Mint

    06/18/2006 2:10:01 PM PDT · by NormsRevenge · 19 replies · 1,282+ views
    AP on Yahoo ^ | 6/18/06 | Martin Crutsinger - ap
    WASHINGTON - The golden buffalo, the legendary symbol of the American West, will soon roam again — this time as the nation's first pure gold coin. The U.S. Mint will start taking orders in the coming week for the coins. Officials believe they have found a winning combination that will appeal to nostalgia buffs and investors. The coin will be slightly larger and thicker than a Kennedy half dollar, will contain one ounce of gold and will be designated a $50 gold piece. The actual price will depend on the market price of an ounce of gold, plus markups. The...
  • 2006 State Quarter Designs

    01/13/2006 2:15:39 PM PST · by RayBob · 37 replies · 1,589+ views
    United States Mint ^ | January 2006 | US Mint
    2006 State Quarter Designs Here are the 2006 State Quarters in order of release: Nevada The first commemorative quarter-dollar coin released in 2006 honors Nevada, and is the 36th coin in the United States Mint's 50 State Quarters® Program. Nevada, nicknamed "The Silver State," was admitted into the Union on October 31, 1864, becoming our Nation's 36th state. Nevada's quarter depicts a trio of wild mustangs, the sun rising behind snow-capped mountains, bordered by sagebrush and a banner that reads "The Silver State." The coin also bears the inscriptions "Nevada" and "1864." Nevada became a territory in 1861, several years...
  • Historic Nickel with Forward-Facing Jefferson Heads into Circulation

    01/13/2006 1:55:07 PM PST · by RayBob · 23 replies · 1,126+ views
    United States Mint Press Office ^ | January 12, 2006 | US MINT PRESS OFFICE
    Historic Nickel with Forward-Facing Jefferson Heads into Circulation WASHINGTON – Pouring hundreds of shiny, new 2006 nickels from a silver goblet designed by President Thomas Jefferson, officials at the United States Mint launched into circulation today the Nation’s first circulating coin that features the image of a United States President facing forward. The Nation’s coinage has depicted profiles of presidents for nearly a century. This new image of President Thomas Jefferson is based on a Rembrandt Peale portrait of Jefferson, painted in 1800. The United States Mint expects to ship approximately a billion of the new five-cent coins (nickels) to...
  • Bush Approves Presidential Dollar Coins

    12/23/2005 4:17:14 PM PST · by chet_in_ny · 130 replies · 3,090+ views
    AP though Yahoo ^ | 12/23/05 | AP
    WASHINGTON - New dollar coins featuring all 37 of the nation's dead presidents will begin rolling out of the U.S. Mint in 2007 under a bill President Bush signed into law on Thursday. Lawmakers hope the coins — and an accompanying $10 gold piece for collectors that features former first ladies — will be a big money raiser for the government like the 50-state quarter program. They also hope the dollar pieces will spur interest in the Sacagawea dollars, which have been little-used. The front of the new dollar coins will depict former presidents, but not those who are living...
  • Sununu's bill to mint coins depicting former presidents approved

    12/14/2005 5:04:09 AM PST · by billorites · 21 replies · 538+ views
    Manchester Union Leader ^ | December 13, 2005 | Elizabeth White
    WASHINGTON (AP) -- New dollar coins featuring all 37 of the nation's dead presidents will begin rolling out of the U.S. Mint in 2007 under a bill Congress is sending to President Bush. Lawmakers hope the coins - and an accompanying $10 gold piece for collectors featuring former first ladies - will be a big money raiser for the government like the 50-state quarter program. They also hope the dollar pieces will rev up interest in the Sacagawea dollars, which have been little-used. The quarter program had raked in roughly $4 billion in revenues by its midpoint, said Becky Bailey,...
  • A First for the United States: Jefferson to Face Forward on 2006 Nickel

    10/13/2005 10:41:05 AM PDT · by RayBob · 29 replies · 1,192+ views
    United States Mint Web Site ^ | 10/5/2005 | US Mint
    A First for the United States: Jefferson to Face Forward on 2006 Nickel WASHINGTON – The Nation’s circulating coins have featured the profiles of presidents for nearly a century. The United States Mint is announcing that for the first time in history, the image of President Thomas Jefferson will face forward on the 2006-dated 5-cent coin (nickel). This new image, based on a Rembrandt Peale painting of Jefferson in 1800, is expected to grace the nickel for years to come. The United States Mint will launch into circulation the 2006 nickel, called “Jefferson, 1800,” early next year, concluding the Westward...
  • FReep this poll - Cheerful Jefferson on New Nickel

    10/05/2005 11:17:41 AM PDT · by null and void · 27 replies · 989+ views
    AP Via AOL ^ | 10/5/05 | MARTIN CRUTSINGER
    WASHINGTON (Oct. 5) - After nearly 100 years of depicting presidents in somber profiles on the nation's coins, the Mint is trying something different: The new nickel features Thomas Jefferson, facing forward, with the hint of a smile. "It isn't a silly smile or a smirk, but a sense of optimism that I was trying to convey with the expression," says Jamie Franki, an associate professor of art at the University of North Carolina-Charlotte. His drawing was chosen out of 147 entries. In unveiling the design Tuesday, Mint officials said they believed the new image of Jefferson was an appropriate...
  • Feds seize $10M in coins, owner to sue

    08/28/2005 9:32:13 PM PDT · by FairOpinion · 38 replies · 2,343+ views
    CNN Money ^ | Aug. 27, 2005 | Reuters
    After a family asks U.S. Mint to authenticate 10 old coins, gov't grabs them. Potential value: $10M. A Philadelphia antiques dealer plans to sue the U.S. Mint to recover rare gold coins worth millions of dollars that the federal government has seized because it says they were illegally obtained. Ten "Double Eagle" $20 coins minted in 1933 were discovered in September in a Philadelphia antiques and jewelry store and voluntarily handed by its owners, the Langbord family, to the Mint for authentication. In June, the Mint confirmed they were the coveted Double Eagles but informed the Langbords that the coins...
  • US Mint confiscates gold coins that never officially existed

    08/26/2005 2:50:46 PM PDT · by RoyalsFan · 107 replies · 2,653+ views
    Yahoo ^ | 08/26/05
    NEW YORK (AFP) - The American 20-dollar 1933 "double eagle" is one of the rarest and most valuable coins in the world. Joan Langbord of Philadelphia found 10 of them, and now the US government has taken them away. Compounding Langbord's sense of loss -- a double eagle auctioned in 2002 sold for a world-record 7.6 million dollars -- is the fact that it was her own decision to inform the government of her discovery that led to their confiscation. The 10 coins were hidden for decades in the possessions of Langbord's father, Israel Switt, who ran an antique jewelry...
  • U.S. Mint Confiscates 10 Rare Gold Coins

    08/25/2005 9:52:28 AM PDT · by LibWhacker · 209 replies · 5,074+ views
    Yahoo | AP ^ | 8/25/05
    PHILADELPHIA - The U.S. Mint seized 10 Double Eagle gold coins from 1933, among the rarest and most valuable coins in the world, that were turned in by a jeweler seeking to determine their authenticity. Joan S. Langbord plans a federal court lawsuit to try to recover them, her attorney, Barry H. Berke, said Wednesday. Langbord found the coins among the possessions of her father, longtime Philadelphia jeweler Israel Switt, who had acknowledged having sold some of the coins decades ago. She now operates her father's business. David Lebryk, acting director of the Mint, had announced in a news release...
  • Marine Corps Silver Dollar Unveiled

    07/20/2005 7:37:23 PM PDT · by NormsRevenge · 49 replies · 1,386+ views
    AP on Yahoo ^ | 7/20/05 | AP - Quantico
    QUANTICO, Va. - A 1945 photograph taken at Iwo Jima was memorialized in a commemorative coin released Wednesday celebrating the 230th anniversary of the Marine Corps. The silver dollar, featuring Associated Press photographer Joe Rosenthal's historic flag-raising photograph, was released during a ceremony at U.S. Marine Corps Base Quantico. At the ceremony, officials including U.S. Mint Director Henrietta Holsman Fore presented two shiny, new silver dollars to retired Lt. Gen. Ron Christmas, president of the Marine Corps Heritage Foundation. Part of the proceeds from the sale of the coins will go to the foundation to help build the new National...
  • U.S. Mint Strikes Marine Corps Commemorative Silver Dollar (SEMPER FI!)

    05/26/2005 5:22:42 PM PDT · by AZHua87 · 16 replies · 1,871+ views
    American Forces Press Service ^ | May 26, 2005 | unattributed
    WASHINGTON, May 26, 2005 – The U.S. Mint at Philadelphia celebrated National Military Appreciation Month May 25 with the ceremonial strike of a new commemorative coin, the 2005 Marine Corps 230th Anniversary Silver Dollar. Current and former Marines cheered as Director Henrietta Holsman Fore and other dignitaries struck the coins in the Proof Room where the silver dollar will be produced. The official launch of the Marine Corps 230th Anniversary Silver Dollar will be at Marine Corps Base Quantico, Va., on July 20, U.S. Mint officials said. This is the first time the United States has honored a branch of...
  • U.S. Mints Coin to Honor Marine Corps

    05/25/2005 7:55:05 AM PDT · by Kaslin · 31 replies · 927+ views
    NewsMax ^ | May 25, 2005 | Carl Limbacher
    The U.S. Mint is unveiling a new coin to honor the 230th anniversary of the founding of the Marine Corps - the first time the government has struck a commemorative coin to salute a branch of the military. The new silver dollar will feature on one side the famous photograph of the flag-raising at Iwo Jima taken by Associated Press Photographer Joe Rosenthal, and on the other side the official Marine Corps emblem of an eagle, globe and anchor and the Marine motto, "Semper Fidelis" - always faithful.
  • Investors Flock to Coins Amid Rising Metal Prices -- A $400,000 Penny

    12/05/2004 5:47:00 AM PST · by OESY · 41 replies · 2,155+ views
    Wall Street Journal ^ | December 1, 2004 | JEFF D. OPDYKE
    ...The interest in coins comes as sophisticated investors are increasingly looking for assets outside of the U.S. stock market, which many market observers expect to post only modest gains during the coming year. In buying rare coins, individuals not only acquire a collectible asset, but they are also getting exposure to precious metals. The prices of gold and silver, from which many popular U.S. coins are made, are both rising smartly. The Internet and coin-grading services are playing a part in drawing a new breed of coin investors. The Internet allows collectors to buy and sell rare coins at locations...
  • U.S. Mint to Unveil New Nickel Designs

    09/16/2004 7:25:57 AM PDT · by evets · 79 replies · 1,479+ views
    yahooooooooo ^ | 09-16-04 | JEANNINE AVERSA,
    WASHINGTON - There's change in store for Thomas Jefferson — on the nickel that is. He's getting his first makeover since his likeness was put on the coin in 1938. The makers of the nation's coins, the U.S. Mint, was unveiling Thursday designs for two new nickels. It's the latest in a series of design changes for the coins to honor two important events in U.S. history: the Louisiana Purchase and the Lewis and Clark Expedition. The revamped nickels will be issued in 2005. A new likeness of Jefferson, the third president, will be on the front of the two...
  • U.S. Mint May Replace Sacagawea Dollar

    04/28/2004 8:36:52 PM PDT · by RWR8189 · 87 replies · 718+ views
    The Guardian ^ | April 29, 2004 | Jeannine Aversa
    WASHINGTON (AP) - Putting the faces of U.S. presidents on dollar coins would entice collectors, but there still would be challenges in getting the coins into cash registers and people's pockets, the chief of the U.S. Mint said Wednesday. The comments of Mint Director Henrietta Holsman Fore came during a House hearing that, among other things, explored a legislative proposal aimed at breathing new life in the little-used Sacagawea dollar coin, also called the Golden Dollar because of its golden color. The proposal would replace Sacagawea, a Lemhi Shoshone Indian who helped Lewis and Clark find their way to the...
  • U.S. Mint Rolls Out New Nickels

    03/02/2004 7:53:59 PM PST · by Libloather · 22 replies · 983+ views
    Las Vegas Sun ^ | 3/02/04 | JEANNINE AVERSA
    U.S. Mint Rolls Out New Nickels By JEANNINE AVERSA ASSOCIATED PRESS Today: March 02, 2004 at 15:35:41 PST WASHINGTON (AP) - Millions of shiny nickels sporting their first new look in 66 years are being shipped to the Federal Reserve, the supplier of the nation's cash, officials of the U.S Mint said Tuesday The new nickels - which honor the 1803 Louisiana Purchase on the back but retain Thomas Jefferson on the front - should start showing up in cash registers in several weeks, Mint officials said. A total of 180 million new nickels have been sent to the Federal...
  • Project at Mint Draws Complaints From Many Quarters

    12/29/2003 10:53:56 AM PST · by TroutStalker · 37 replies · 217+ views
    The Wall Street Journal ^ | Monday, December 29, 2003 | BROOKS BARNES
    <p>These days, a growing number of two-bit battles are rattling the sleepy U.S. Mint. The federal agency's commemorative quarters program, a pocket-change salute to the 50 states, has pitted politicians, tourism officials and artists against each other in bruising battles. Launched in 1999 as a benign patriotic gambit to revive coin-collecting, it's instead spurring peevish spats over custody of American icons and how states define themselves.</p>
  • Artists Vie to Coin America

    12/13/2003 10:53:18 AM PST · by vladog · 6 replies · 93+ views
    FOX News ^ | Friday, December 12, 2003 | By Amy C. Sims
    <p>Friday, December 12, 2003 By Amy C. Sims Art can "change" the country — at least that's what the U.S. Mint is hoping.</p> <p>The Mint is calling on all Americans, from aspiring artists and students to professionals, to share their fresh ideas — and possibly get the chance to have their work circulated throughout the country in the form of coins and medals.</p>
  • Study: Gold Dollar Coin Unpopular

    09/13/2002 1:58:35 PM PDT · by GeneD · 58 replies · 3,431+ views
    Filed at 4:44 p.m. ET WASHINGTON (AP) -- Gold dollar coins weigh down the pockets. They are costly to ship. And few Americans think they're better than the good old greenback. Dollar coins are a flop even before their third birthday, even after a $67.1 million, three-year marketing campaign by the U.S. Mint, a government report says. While initial public awareness generated by the advertising was strong, the new dollar coin, like the Susan B. Anthony dollar coin, ``has failed to achieve widespread use,'' the General Accounting Office reported Friday. According to July, 2001 statistics from the U.S. Mint, people...
  • Ban The Penny

    07/05/2002 12:07:25 PM PDT · by GeneD · 51 replies · 1,638+ views
    Forbes.com ^ | 7/5/02 | Mark Lewis
    NEW YORK - Almost a year has passed now since U.S. Rep. Jim Kolbe made headlines by introducing his anti-penny bill, yet these pesky one-cent coins continue to jingle uselessly in people's pockets. Can nobody rid America of this copper-coated scourge? Kolbe, an Arizona Republican, is doing his best, although his proposed Legal Tender Modernization Act is languishing in a subcommittee. The bill would not ban pennies, but merely discourage their use by establishing a system under which cash transactions would be rounded up or down. That would render the penny unnecessary. "It's practically useless in everyday life," complains Neena...