Second Dollar Coin To Circulate

This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.

The New York Sun

WASHINGTON — The second dollar coin in the new presidential series goes into circulation around the country today, with the U.S. Mint hoping it can turn the 18th-century statesman John Adams into a 21st-century marketing phenomenon.

After two famous flops in Susan B. Anthony and Sacagawea, the U.S. Mint believes it now has the right strategy for success. But there are still plenty of naysayers around who believe a dollar coin will never gain wide acceptance unless the government gets rid of the dollar bill.

The Mint’s new formula has borrowed from the 50-state quarter program, the most popular coin program in history, which has lured millions of Americans into becoming coin collectors. Like the quarters, the dollar coins will feature constantly changing designs — four new presidents each year in the order they served in office.

The hope is that the novelty of introducing a new design every three months will get people to start collecting the coins and then, as they get familiar with them, to start putting them to use in vending machines and other places where a dollar coin would be more convenient than using four quarters.


The New York Sun

© 2025 The New York Sun Company, LLC. All rights reserved.

Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. The material on this site is protected by copyright law and may not be reproduced, distributed, transmitted, cached or otherwise used.

The New York Sun

Sign in or  Create a free account

or
By continuing you agree to our Privacy Policy and Terms of Use