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The Billion Dollar Presidential Coin Failure

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Episode notes

Imagine a road paved with shiny golden coins stretching from Los Angeles to Chicago—this is the physical reality of the Presidential $1 Coin program, a United States Mint initiative that violently collided with the stubborn power of the paper bill. This episode deconstructs the transition from the blockbuster success of the 50 State Quarters to a logistical crisis defined by Numismatic Speculators, the mechanical nuances of Edge Lettering, and the failed math of Seigniorage and the Sacagawea Dollar. We begin our investigation by stripping away the "pocket history lesson" marketing to reveal the "Legislative Christmas Tree" of the 2005 Act, where a core idea became a vehicle for ornaments like the American Buffalo gold bullion coin and the 2009 Li ... 

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Keywords
John AdamsJimmy CarterGeorge WashingtonSacagaweaCongressNorth DakotaFederal ReserveAmericanLos AngelesAmericansArthurUnitedStatue of LibertyStatesUpside DownMintDollar BillEdge LetteringAlice PaulThe Billion Dollar Presidential Coin Failure