In its latest study prepared for Congress, regarding U.S. coinage management, the Government Accountability Office reported that $1.4 billion in $1 coins are held in Federal Reserve Banks — enough to meet demand for the next 40 years. In fact, more than half of all $1 coins ever minted are in government vaults…

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GAO’s Latest $1 Coin Study Echoes Past Findings; 30-Year Savings Estimate Reduced To $4.4 Billion