On the one hand, it costs only 5 cents to produce a $1 bill and 18 cents to produce a $1 coin, the report states. But the lifespan of a $1 bill is much shorter -- 4.8 years compared to 30 years.

Here comes the trillion-dollar coin, aka "The Big Coin": The idea is the Biden administration could mint a platinum coin worth $1 trillion through the U.S. mint and then essentially trade that ...

A $1 trillion coin obviously has no practical use – my barista won’t take a fifty – but it would instantly put debt below the current limit.

Trillion dollar coin floated as last-resort debt crisis solution. By Calvin Woodward. October 7, 2021 / 7:17 AM EDT / AP ... the debt ceiling itself can be viewed as one big, ...

But commodity money disappeared a long time ago, so let's say the government decides to mint an actual trillion-dollar coin, and makes it out of pure platinum at the same size as the U.S. silver ...

Born Out of a Legislative Loophole. The trillion-dollar-coin concept first emerged in 2010 before the first big Obama-era debt ceiling fight. A musing in the comments of a popular blog on ...

Replacing the U.S. $1 note with a coin could save the government around $5.5 billion over 30 years, according to a new report. The GAO says Canada and Britain figured out how to encourage people ...

A coin expert told Rick and the seller that it's, "one of the rarest coins in American A 1922 High-Relief Proof Coin to be exact. A rare silver dollar is worth big bucks on 'Pawn Stars' ...

In addition to all the other events this year, U.S. coins also have made the news in a big way. A rare 1971 President Dwight D. Eisenhower prototype silver dollar fetched $264,000 at auction Jan. 14.