Shonuffity To Dollar Coins
Published: March 19th, 2007
By: Tom Morgan

Shonuffity to dollar coins

What is it with these guys at the Treasury Department? They are dumping a slew of dollar coins on us. Again.

Treasury is releasing the first of a series of dollar coins. By series I mean each coin will carry the mug of a former President. We begin with George Washington. Later this year we get to see Jefferson, Adams and Madison.

After that Treasury will gradually add other presidents to the coins. I’m sure we’ll be standing in line to get the Millard Fillmore and Richard Nixon dollars.

I can’t help but wonder if the Secretary of the Treasury won a couple trainloads of copper in a poker game. And he asked his guys for ideas for disposing of it.

Or maybe Hillary gave him some lessons from her cattle futures days. He applied the lessons to buying copper and nickel futures.

What on earth is the matter with these people?

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We already tried dollar coins. We tried, for instance, the Susan B. Anthony dollar. Didn’t like it. That was in the 1970s. We don’t even mint it any more.

We tried the Sacagawea dollar in the 90s. It too was politically correct. It was named for the Shoshone woman who accompanied Lewis and Clark. But we didn’t like it. The dollar. The trip we didn’t mind.

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