New Dollar Coin Goes Into Circulation Thursday

Starting Thursday, former President John Adams will be getting some face-time.

In particular, the U-S Mint is rolling out the second dollar coin in its presidential series, featuring the 18th century statesman.

Like the Mint's successful 50-state quarter program, the dollar coins will feature constantly changing designs. Coins featuring four new presidents will be put into circulation each year in the order they served.

The Mint is hoping the novelty of introducing a new design every three months will spur new coin-collectors. It's also hoping that as people get used to dollar coins, they'll begin putting them to use in vending machines and other places where it might be more convenient to use a dollar coin instead of four quarters.

However, naysayers believe dollar coins will never be widely used unless the government gets rid of paper dollars.


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