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1 December 2008

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The U.S. Mint trots out another round of dollar coins - Pittsburgh Tribune-Review

Could it be our fascination with George Washington’s Mona Lisa-smile? What else keeps the dollar bill alive despite its obvious obsolescence?

Most industrialized economies don’t waste time with paper money of such paltry purchasing power. For the 15 European countries in the eurozone, the smallest denomination of printed bank notes is the 5 euro, worth $7.83. In Britain, the lightest piece of folding money is 5 pounds, worth $9.85. In Japan, it’s 1,000 yen, about $9.30.

Read entire article: The U.S. Mint trots out another round of dollar coins - Pittsburgh Tribune-Review

Filed in: Presidential Dollar Coins, U.S. Coins

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