Homepage / Money

Feds Push Gold Dollar Coins As Green Money

POSTED: 8:06 pm PST November 19, 2008
UPDATED: 7:14 am PST November 20, 2008

In a push to go green, the U.S. mint is trying to get people to use gold dollars.

Representatives from the U.S. mint were at Pioneer Courthouse Square in downtown Portland on Wednesday encouraging people to get acquainted with the gold dollar coin.

People who visited the Real Change Exchange truck played games and exchanged some of their paper money for coins.

"(They're) probably a lot easier, they don't bend and fold and pop back out at you, so that'd be good," said Betty Bigelow who received some of the new coins.

"I think I like the paper better than the coins, well I mean you can store it better, for me," said Kiki Holt.

Portland was one of four cities picked to test-drive the new 100-percent recycled dollar coin.

The mint is trying to switch to more coin usage because they last for about 30 years. Paper money has a usage life of less than one year.

Officials said that by switching to the coins the government could save billions of dollars.

Links We Like

Sponsored Content
The first step in reducing debt is recognizing how much you have. Let us help you with the rest and get out from under your debt in 12 months. More

Get car insurance quotes from all the major carriers and save time an money in the process. Just enter your zip code and start saving today. More

Does your phone have bad reception or drop calls in your house? Then you need a Magic Jack. More

A degree from ITT Technical Institute can help you achieve your goals and get you started on the path towards a rewarding career. More

Credit Report

560? 675? 720? The average US Credit Score is 692. What is your score? See it online for FREE! More

Best Local Rates On...



LocalNational

30 Yr Fixed Mortgage5.16%5.02%

48 Mo New Car Loan6.40%6.79%

$30k Home Eq Loan6.44%8.33%

6 Month CD1.10%1.13%
Help! I don't understand!
More Rates


Sponsored Links

Stock Quotes

Get a Quote
Enter Symbol


Housing Crunch

With banks and lenders facing major troubles, gain some insight on how to sell, refinance or keep your home. You'll find everything mortgage in our special section. More


E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters