Collecting Sacagawea Golden Dollars and Sacagawea Native American Commemortive Dollars

If a collector failed to establish interest in the Sacagawea Golded Dollar, reconsideration is now in order,  Newly passed lesislation direct redidsign of the the reverse of the Sascgawea dollar annually, beginnning in 2009, to a design incorporation some facet of American Indian heritate.  They will be referred to as business strike and circulation strike commenorative coins.

The Sacagawea dollar, consisistently referred to by the the U.S. Mint as the Sacagawea Golden Dollar, was the replacement for it predecessor, the Susan B. Anthony dollar.  The objective of the Golden dollar was not to replace the paper dollar bill, but to share in its funcction and to become the preferred medium exchange in certain transactions.

HISTORICAL BACKGROUND

The Sacagawea first appeared in the the year 2000.  Success was prediced for this coin, and at the outset supporters never enviseoned a termination date.

The Sacagawea Golden Dollar never gained acceptance, however.  It was not used.  It was not inventoried by finanacial institutions.  It was not accecpted or acknowledged. 

In retrospect, the main curprit appears to be the contined existence of the paper dollar.  Had that been withdrawn and circulation had ceased, dollar users would have sought an alternative.  Given that the existence of the paper dollas was never id doubt, an alternative to that form of currencey was never even considered.

Legislation

Three pieces of legislation have been involved in launching the Sacagawea Golded Dollar, defining the praduction of the Sacagawea Golded Dollar in the company of the Presidential Dollar, and finally launching (defining the design and production) of the Sacagawea Native American Commemorative Dollar.

The United States $1 Coin Act of 1997 (H.R. 2637)  (Public Law 105-124, Sec. 4)

H.R. is the bill, introduced in the United States House of Representatives on October 8, 1998, that was responsible for what ultimately became the Sacagawea Golden Dollar.

The legislation specifies certain parameters of the new coin; namely, that it shall be golden in color, have a distinctive edge, ant its donomination be reconizeable to the eye and to the touch, and have metallic properties such that coinage was viable, counterfeiting was inpeded, and commerce was no not impeded.

No output, either minimum or maximum, was specified. 

The Presidential $1 Coin Act of 2005  (Public Law 109-145)

No parameters of the Sacagawe Gold Dollar were imparted by the legislation.  Mint output, though, was specified.

The Act mandated that for every three PPredidential dollars, regardless of design, one Sacagawea dollar must be struck and placed in circulation.  In summary, 25 percent of th dollar coins issued for circulation each year mu bear the Sacagawea design.

Native American $1 . 2358)

Sacagawea:  Biographical Notes

Sacagawea was the only woman to accompany the Leweis and Clark Expedition.  Not held in than high esteem initially, she earned her place in history by her valuable contributions to the many facets of the expedition