Lee Metcalf: “the United States Mint has done a tremendous job of accelerating the production and shipment of the new Sacajawea Golden…”

“the United States Mint has done a tremendous job of accelerating the production and shipment of the new Sacajawea Golden Dollars. The new coin is golden in color, with a smooth edge; and on the face of the coin is a picture of Sacajawea, the Native American woman who helped the Lewis and Clark expedition. The Sacajawea Golden Dollar has been a huge success with the public since its release on January 26. In fact, there has been so much demand for the new coin that the U.S. Mint has doubled their production to five million Golden Dollars a day. By the end of February, there will be 200 million Golden Dollars in circulation. And by the end of this year, there will be, are you ready for this, one billion in circulation. This is great news for the taxpayers. For it only costs the U.S. Mint about 12 cents to make a Sacajawea Golden Dollar. Then the Mint sells the coins to banks for one full dollar. This results in a direct profit to the Treasury of 88 cents on each coin issued. At the end of this year, when one billion Golden Dollars are in circulation, the United States Treasury will have made a profit of over $800 million. That profit will be eligible to help reduce our $5.7 trillion national debt.”