October 20, 2009

Disney to use Sacagawea dollars

Walt Disney World Using Native American $1 Coins

By Darrin Lee UnserThe Walt Disney World Resort in central Florida near Orlando has just announced plans it is participating in a pilot program with the US Mint. Under this program, several merchandise and dining locations will now be giving back US Native American $1 coins instead of dollar bills as change.

"Our participation in the circulation pilot is part of a continued commitment to environmentality," states Thomas Smith (Social Media Director, Disney Parks) in the official blog about the launch of the program. "The coin is an environmentally responsible choice—it’s recyclable and lasts decades longer than paper bills."
And:The government could save billions if the dollar bill (which has an average life span of less than two years) was replaced by a coin (which can last decades). Most Americans, however, still prefer the bill over the coin, and the government has made little headway.

In an effort to persuade individuals to start using the dollar coins, the Mint has utilized marketing as well as programs such as the one starting in Disney World. By introducing more of the public to the coins, it is felt they will become more accepted and a phase-out of the dollar bill could eventually occur.
Comment:  For more on the subject, see New Sacagawea Dollar Released and Sacagawea Dollar's Reverse Unveiled.


dmarks said...

" By introducing more of the public to the coins, it is felt they will become more accepted and a phase-out of the dollar bill could eventually occur."

More evidence that the Mint has no idea what they are doing in terms of trying to get them accepted.

I remembered when they first came out. They were promoted heavily, to create an interest. And then I went to the bank to ask for some, and I got snapped at by the teller because none existed and they were tired of the question. Turns out that the government promoted them, but couldn't be bothered to mint them.

So, now the geniuses at the Mint have decided that the way to introduce "more of the public to the coins" is to make them available at an amusement park that has a $68 admission price.

Anonymous said...

Seconded. I was even under the impression that the Sacagawea coins had been discontinued.

You want to get them used, supply them to banks, as dmarks says. Grocery stores and vending machine operators should also be encouraged to make them available.

dmarks said...

Anon: Apparently, the Mint's strategy was to promote the hell out of them before they existed. Now that they are around, it is like it is a secret that they even exist.

Rob said...

Not only is the Mint still making Sacagawea dollars, it's varying the reverse side to make them more interesting and collectible. See Dollar Will Commemorate Indians and the links above for details.

dmarks said...

The Mint should be glad that Newspaper Rock is getting the news out. The only thing I have seen in the media for years concerning these coins has been here. (Other than one report I did see elsewhere recently, but even then it was about something I had read before at Newspaper Rock).