

Human: I found a lot of gold dollar coins from the early 2000's in my moms house. Why were they discontinued?

Assistant: The US gold dollar coin was briefly produced in the early part of the 2000's, and then discontinued by the federal government in 2004.  During the Middle Ages and Renaissance, distinguished american citizens and gold mining and trading companies had often produced private gold coins, which circulated independently of the official US currency at the time.  In the 1920's the US government briefly resumed the production of gold coins for circulation as currency, producing gold dollars and gold eagles.  The gold eagle series was continued throughout the 20th century and is still ongoing today, though only for bullion purposes.  In the early 2000's, another new gold dollar series was produced.  However, due to the significant cost and logistical burden of minting such coins, the series was discontinued after just a few years.


Human: I found a lot of gold dollar coins from the early 2000's in my moms house. Why were they discontinued?

Assistant: These were the U.S. $1 "Susan B. Anthony" gold coins, issued from 1979-1981 by the U.S. Mint. The coins featured the portrait of suffragist and civil rights leader Susan B. Anthony, and were debunked from sale and exchange due to the rising costs of production and minting and the coins being deemed to have minimal economic intrinsic value. These extremely rare collector coins are highly sought after by coin collectors and are one of the most valuable American gold coins today.
I found a lot of gold dollar coins from the early 2000's in my moms house. Why were they discontinued?
The US gold dollar coin was briefly produced in the early part of the 2000's, and then discontinued by the federal government in 2004.  During the Middle Ages and Renaissance, distinguished american citizens and gold mining and trading companies had often produced private gold coins, which circulated independently of the official US currency at the time.  In the 1920's the US government briefly resumed the production of gold coins for circulation as currency, producing gold dollars and gold eagles.  The gold eagle series was continued throughout the 20th century and is still ongoing today, though only for bullion purposes.  In the early 2000's, another new gold dollar series was produced.  However, due to the significant cost and logistical burden of minting such coins, the series was discontinued after just a few years.
These were the U.S. $1 "Susan B. Anthony" gold coins, issued from 1979-1981 by the U.S. Mint. The coins featured the portrait of suffragist and civil rights leader Susan B. Anthony, and were debunked from sale and exchange due to the rising costs of production and minting and the coins being deemed to have minimal economic intrinsic value. These extremely rare collector coins are highly sought after by coin collectors and are one of the most valuable American gold coins today.