Financial Impact of Issuing the New $1 Coin

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

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.

Full Report

Full Report (16 pages)

Media Inquiries

Sarah Kaczmarek

Managing Director

Office of Public Affairs

kaczmareks@gao.gov

(202) 512-4800

Public Inquiries

Public Affairs

PublicAffairs@gao.gov

(202) 512-4800

Topics

Government Operations

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