answersLogoWhite

0

Why is a 1 dollar coin made of gold?

Updated: 8/18/2019
User Avatar

Wiki User

13y ago

Best Answer

If you are talking about the coins with presidents on the face and the Statue of Liberty on the back, they are not made out of gold they are made out of brass. If you are talking about the old 1 dollar coins from the 1800s, they were made out of gold because of the gold rushes and the US government was looking to expand the use of gold in its coins.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why is a 1 dollar coin made of gold?
Write your answer...
Submit
Still have questions?
magnify glass
imp