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Denver Coins --> United States Coins --> Obsolete United State coins --> Sacagawea dollar

Denver Gold and Silver Exchange
5475 Leetsdale Dr Suite 210
Denver, Colorado 80246

Monday - Saturday 10 am to 5 pm
Sundays by Appointment Only
Call anytime - leave a message: Main Number: 303-333-1411

Sacagawea dollar (2000–present)

The Sacagawea dollar was authorized by Congress in 1997 because the supply of Anthony dollars, in inventory since their last mintage in 1981, was soon expected to be depleted. Delays in ramping up Sacagawea dollar production led to a final 1999-dated mintage of Susan B. Anthony dollars. As predicted by Coin Coalition representatives at Congressional hearings on the United States $1 Coin Act of 1997, the government's decision not to eliminate the U.S. one dollar bill prevented the Sacagawea dollar from being widely circulated. While dollar coins are used infrequently in general commerce, they are used in place of tokens in some areas and are given as change in many United States Postal Service stamp vending machines, creating a relatively small but significant demand.

The obverse was designed by artist Glenna Goodacre, using Shoshone Randy'L He-dow Teton as a model for Sacagawea.

There are approximately 1 billion Sacagawea coins in circulation and about 250 million more in reserve. The United States Mint greatly reduced production of Sacagawea dollars after the 2001 minting, citing sufficient inventory. As of 2006, the dollar is still being minted for collectors, and is available in uncirculated rolls, mint sets, and proof Sets, but has not been released for general circulation since 2001.

The Mint took great care to create the coin with the same size, weight, and electromagnetic properties as the Anthony dollar, but with a golden color. Unlike most other coins in circulation, the selected alloy has a tendency to tarnish quite severely in circulation, as is the case with most brasses, resulting in a loss of the golden "patina"[15]. While some consider the blackening an undesired quality, the Mint suggests the uneven tarnishing effect gives the coins an "antique finish" that "accentuate[s] the profile and add[s] a dimension of depth to the depiction of Sacagawea and her child".

The coin featured a plain edge through 2008, but starting in 2009 incused lettering was applied. The year and mint mark moved from the coin's obverse (front) to its edge.

As of 2007[update], dollar coins are not widely encountered in commerce in the United States, except in vending machines for rides on mass transit, some pay and display machines, and U.S. Postal Service stamp vending machines, which give the coins as change; and at some casinos, where they are used in slot machines. Most vending machines have been redesigned, however, to accept dollar coins for purchase over a quarter-dollar. The Sacagawea dollar has achieved popularity in Ecuador, where the US dollar is also the official currency.

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