Dollar Coins In The Wild
Thanks to Planet Money listeners for submitting these photos.
On today's Planet Money: More on the mountain of dollar coins sitting unused in government vaults.
We talk to self-described 'travel hackers' who use frequent-flier mile credit cards to buy dollar coins and pile up miles.
And we learn that the U.S. Mint — just today! — said it would stop letting people use credit cards to buy the coins.
Money quote from the mint:
The Mint has determined that this policy change is prudent due to ongoing activity by individuals purchasing $1 coins with credit cards, accumulating frequent flyer miles, and then returning coins to local banks.
Also on the show: Why Ecuador loves U.S. dollar coins.
Teacher Rebecca Kayes shows off the dollar coins she uses in Quito, Ecuador.
Teacher Rebecca Kayes shows off the dollar coins she uses in Quito, Ecuador.
Rebecca KayesSubscribe to the podcast. Music: Cut Copy's "Light & Music" Find us: Twitter/ Facebook.
Planet Money's Wall-To-Wall Dollar Coin Coverage:
How Frequent Fliers Exploit A Government Program To Get Free Trips
Dollar Coin Loophole Closes For Frequent Fliers
Bill Would Kill Dollar Coin Program
More From Planet Money
Comments
You must be signed in to leave a comment. Sign In / Register
Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.
