Eight bits for a dollar
The U.S. Mint last year launched the presidential $1 coin program in yet another attempt to get Americans to use dollar coins. As part of its campaign to get the coins in circulation, the Mint is selling small bulk orders and shipping them free (currently shipping are the John Quincy Adams model).
What that means is you can get $250 or $500 worth of the coins in your hands for exactly face value. I suppose a clever marketer could devise some way to use a bunch of $1 coins as part of a contest, sweepstakes or special offer. However, in my long-ago experience in retail, many customers were angered if I tried to give them $1 coins as change.
Ultimately, I don’t think Richard Nixon will succeed where Susan B. Anthony and Sacagawea have failed.
Don Mecoy
Business Writer
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment