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Woo-hoo! Start lining up at the mint, boys and girls, because this is the thing that’s finally going to get you into coin collecting: The Thomas Jefferson dollar coin is being released!
Okay, so you can’t actually line up at the mint. (I guess.) The coin will go into circulation tomorrow, and you can get it at a bank. You can also get it at the Jefferson Memorial today — where the mint director will be quizzing people about Thomas Jefferson and selling the dollar coins for, um, $1 — and buy it on the mint website tomorrow.
Using dollar coins would save money for the government, but since they’d just waste it on the Strategic National Eggplant Surplus or something, nobody uses ‘em. Also, they’re heavy.
The mint knows Americans will only use dollar coins around the same time we switch to the metric system, but the government makes money somehow when people buy the dollar coins and then stash them in a drawer or whatever. The coins are also supposed to educate our stupid asses:
Most folks can correctly name George Washington as the nation’s first president. After that, things get tricky.
Yes, lists are pretty hard. Who’s that second one? Washington… hmm, it’s probably done alphabetically. Professor X, I guess.
US Mint to Release Jefferson Dollar Coin [AP/KYW 1060]
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