Austin was chosen as one of four pilot cities for the $1 Coin. The US Mint is hoping to make Austinites aware of the benefits of regularly using the $1 Coin.
When we use the $1 Coin, we are making a difference for our country. The coin is durable unlike the paper dollar bill, so it saves the Nation billions of dollars in the long run. It lasts for decades and is 100% recyclable.
Austin was chosen because it is known as a unique, yet all-American city. Upcoming events in the Austin area will encourage Austinites to appreciate the benefits of the $1 Coin.
The other three pilot cities are Portland, OR; Charlotte, NC; and Grand Rapids, MI.
$1 coins have been a part of our currency for many decades, but they have not been widely used. The US Mint issues four Presidential $1 Coins per year. They have minted more than one billion new $1 Coins since 2007.
You can visit www.usmint.gov for more information on the Presidential $1 Coin Program. They even offer a site for kids! http://www.usmint.gov/kids/
You may visit www.Luxury-Homes-in-Austin.com to search for homes in the Austin area.
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