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Financial Impact of Issuing the New $1 Coin

GGD-00-111R Published: Apr 07, 2000. Publicly Released: Apr 07, 2000.
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Highlights

Pursuant to a congressional request, GAO reviewed the financial impact of issuing the new $1 coin, focusing on the benefits of: (1) issuing 1 billion of the new $1 coins to circulate with the $1 Federal Reserve notes now issued; and (2) replacing all $1 Federal Reserve notes now in circulation with $1 coins.

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Cost effectiveness analysisCurrency and coinageForeign currencyFuture budget projectionsMonetary policiesPrecious metalsPrinting costsPublic relationsAdvertisingFederal reserve system