What is a dollar coin?

The dollar coin is a United States coin with a face value of one United States dollar. Dollar coins have been minted in the United States in gold, silver, and base metal versions. Dollar coins were first minted in the United States in 1794.

When were dollar coins minted?

Dollar coins have been minted in the United States in gold, silver, and base metal versions. Dollar coins were first minted in the United States in 1794. While true gold dollars are no longer minted, the Sacagawea, Presidential, and American Innovation dollars are sometimes referred to as golden dollars because of their color.

What should you consider when buying a one dollar coin?

Perhaps the most important things to consider are the different strikes as well as some of the small varieties that make seemingly similar coins worth vastly different amounts of money. The United States of America still issues modern one dollar coins. Most of these are extremely common, but there are a few rare ones in the mix.

Are dollar coins used in general commerce?

Dollar coins are used infrequently in general commerce. They used to be given as change by United States Postal Service (USPS) stamp vending machines, which created a relatively small but significant demand, but the USPS eliminated all those machines by 2011.