So the new $1 coins, featuring America’s presidents much as recent quarters have featured the states, are about to roll out. The U.S. Mint has tried before to persuade Americans to abandon their paper dollars for coins. The two previous efforts, however, surrendered to feminist demands that the $1 coin feature a woman rather than a man. The Susan B. Anthony dollar failed in large part because it looked and felt too much like a quarter. The Sacajawea dollar, however, looked and felt nothing like a quarter. Yet it flopped as well. Was it because of a poorly chosen symbol? I have no idea. It may be that Americans are just too attached to their dollars bills, even though they are one of the least valuable forms of paper currency in the world. We’ll see. For my part, I would have preferred a Reagan dollar.
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About the Author
John J. Miller, a former national correspondent for National Review, is the director of the Dow Journalism Program at Hillsdale College. He is the author of A Gift of Freedom: How the John M. Olin Foundation Changed America.
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