Monday, September 27, 2021
CoinNews Site Information

CoinNews Site Information

The United States Mint produced golden-colored, manganese-brass dollar coins for commerce until 2011. Federal Reserve Banks now store 1.011 billion of them. Today, the U.S. Mint strikes clad dollars but only for numismatic sales. (CoinNews photo of 2021 Native American $1 Coins.)

Federal Reserve Inventories of $1 Coins at 1.011 Billion

The United States is still storing an extraordinary amount of $1 coins, according to Federal Reserve data updated mid-August. The data shows Reserve Bank...