BusinessFebruary 7, 2000
BUSINESS MEMO: NEW GOLD COIN
Mindful of the debacle with the Susan B. Anthony coin, the U.S. Mint is aggressively marketing the new Sacajawea coin by placing it in Wal-Mart cash registers and boxes of Cheerios. The Anthony dollar coin, often mistaken for a quarter because of its similar size and ridged edge, was a flop, and the government was stuck with nearly two-thirds of the 857 million coins produced between 1979 and 1981. Supplies eventually ran out, and the Mint produced a final 1999 encore run...
Mindful of the debacle with the Susan B. Anthony coin, the U.S. Mint is aggressively marketing the new Sacajawea coin by placing it in Wal-Mart cash registers and boxes of Cheerios.
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The Anthony dollar coin, often mistaken for a quarter because of its similar size and ridged edge, was a flop, and the government was stuck with nearly two-thirds of the 857 million coins produced between 1979 and 1981. Supplies eventually ran out, and the Mint produced a final 1999 encore run.
The silver-colored coin bore the likeness of suffragette Susan B. Anthony. The new dollar coin, with an image of the Shoshone Indian woman who helped the Lewis and Clark expedition explore the West, has a gold-colored surface and a smooth edge.
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