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Obama Administration Cuts Production of Presidential Coins

Posted December 13th, 2011 at 6:35 pm (UTC-5)
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The Obama administration says the U.S. Mint will stop production of the presidential $1 coins for circulation. U.S. Vice President Joe Biden announced the decision Tuesday during a Cabinet meeting on cutting waste and eliminating misspent dollars across the federal government. A White House statement said nearly 1.4 billion surplus dollar coins are sitting in […]

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