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The "gold dollar" $1 coin (which is brass and has no gold) was designed with the same electronic signature as the older Susan B. Anthony cupronickel (clad) coins. All machines (drinks, snacks, toll booths) that accepted either coin should still work for any of them. The US Mint still has many of the Susan B. Anthony coins and Sacajawea coins in storage, but there is no demand for them. The advantage of the Presidential $1 series is that many will be taken out by collectors and provide surplus earnings to the Mint in excess of even the substantial seigniorage (net gain) for the coins.

The last current issue of the Presidential series is now slated to honor Ronald Reagan in November 2015.

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13y ago

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