Dollar Coins

Did you know the United States has Presidential Dollar Coins (they are like the US State Quarters and are not just for Collectors?)

(John F. Kennedy Dollar Coin.)

The Program started in 2007 with George Washington and ended in 2016 with Ronald Reagan (with a special Dollar Coin made in 2020 after George H. W. Bush died in 2018.)

There is also a Separate Dollar Coins for the First Ladies starting in 2007 with Martha Washington and ending in 2016 with Nancy Reagan (with a special Dollar Coin made in 2020 for Barbara Bush who died in 2018.)

$2 Billion US Dollars worth of Both Presidential Coins and First Lady Coins were minted from 2007 to 2016.

Since 98.7% of Americans don’t like using Dollar Coins (Presidential, First Lady or Sacagawea) these Coins remain mostly unused in favor of the US Dollar Bill.

The Sacagawea Dollar Coin will be redesigned in 2024 to honor the 100^th Anniversary of the Indian Citizenship Act of 1924 (and will most likely not be used by anyone like all the other Dollar Coins.)

The US has minted $4 Billion Sacagawea Dollar Coins from 2000-2020.

While Americans don’t like to use the US Dollar Coins other Countries that Officially and Unofficially use the US Dollar do use the Dollar Coins regularly.

Officially Use the US Dollar: Cambodia, East Timor, Ecuador, El Salvador, Liberia, the Marshall Islands, Micronesia, Palau, Panama and Zimbabwe.

Unofficially Use the US Dollar: Bonaire, the British Virgin Islands, Canada, Saba, St. Eustatius and Turks and Caicos.

Countries/Territories where their Currency is Pegged to the US Dollar: Aruba, the Bahamas (at par), Bahrain, Barbados, Belarus, Belize, Bermuda (at par), the Cayman Islands, Costa Rica, Cuba, Eastern Caribbean (Antigua & Barbuda, Anguilla, Dominica, Grenada, Montserrat, Saint Kitts & Nevis, Saint Lucia and St. Vincent & the Grenadines), Eritrea, Guatemala, Haiti, Honduras, Hong Kong, Iraq, Jordan, Kuwait, Lebanon, Nigeria, Oman, Sierra Leone, Qatar, Saudi Arabia, Trinidad & Tobago and Yemen.

US Dollars (and Dollar Coins) are also the Foremost Foreign Currency Reserve with 60% Foreign Governments, Foreign Banks, and Foreign Individuals using the US Dollar around the World.