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Treasury seeks to revive copper dollar coin idea
The Treasury proposes a copper one dollar coin sized between the quarter and half dollar to replace the silver dollar. Production costs would be 2 to 3 cents per coin with a 15 year lifespan, while a paper dollar costs 17 cents and wears out faster. The department plans to keep dollar bills if the coin bill passes and notes vending operators favor the coin.
MENTIONED IN THIS ARTICLE
Department
Congress
Treasury
The
Bette B. Anderson
Anderson
House Coinage Subcommittee
Nevada
Terry Marksberry
House
Marksberry
Washington