Off the Kuff Rotating Header Image

Posts Tagged ‘US Mint’

Is this the end for the dollar coin?

Fine by me if it is. The dollar wars have raged for years, with various sides battling over what a dollar should look like: Should it be a green piece of paper (cotton, actually) that you can slide in your wallet? Or should it be a metal coin that you put in your pocket? On […]

The dollar coin is an idea that just won’t die

It keeps turning up like a bad penny, as it were. American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what’s best for them either. Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers […]

Still trying to kill bills

Planet Money reports on the continuing efforts to eradicate the paper dollar bill and replace it with dollar coins. In its most recent report, the GAO recommends switching to coins, which could make $4.4 billion for the government over 30 years. But the report says the government benefit does not come from the fact that […]

The case for keeping the penny

The Canadian penny is about to become a collector’s item. They clutter your dresser and cost too much to make. They’re a nuisance and have outlived their purpose. Finance Minister Jim Flaherty was talking about the Canadian penny and why the Royal Canadian Mint will end its production this fall as part of his austerity […]

Coinis interruptis

No more Presidential dollar coins will be minted for general circulation. Have you ever seen a $1 presidential coin? Neither have we. Except that one time when we received seven of them in change from a MetroCard machine in the New York City subway system and, perplexed as to where to fit such weighty coins […]

Slowdown at the Mint

They’re not making as many coins as they used to. As falls the economy, so falls the jingle of coinmaking at the U.S. Mint. Production at the federal government’s coin factory in Denver fell a sharp 26 percent in 2008 from the previous year, contributing to a national output decline of 30 percent. Mint officials […]