Collect One Dollar Gold Coins

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 4, 2011 --

Dollar coins have been minted in the US in gold, silver, and base metal versions. The term silver dollar is often used for any large white metal coin issued by the US with a face value of one dollar. The first dollar coin was minted in 1794. Gold and gold-colored dollars have also been produced by the United States. Dollar coins have found little popularity in the United States despite several attempts to phase it in. These coins would have to remove the corresponding paper bill and save US Government approximately $5.5 billion over 30 years. Before the Revolutionary War, coins from many European nations circulated freely in the American colonies, as well as coinage issued by the various colonies. In 1776, the Congress authorized plan to produce a silver coin. Several examples were done in brass and silver, but not accepted, due to the financial difficulties during the Revolutionary War.

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