New George Washington $1 Coin Makes Debut

WASHINGTON — The newest $1 coin, bearing the likeness of George Washington, is going into circulation around the country just in time for next week's celebration of the first president's birthday.

U.S. Mint officials hope they have overcome problems that doomed its two predecessors, but coin experts are still skeptical.

Mint Director Edmund C. Moy was to participate in a coin exchange Thursday at New York's busy Grand Central Terminal to promote the new dollar, which the Mint believes can be a big success despite the naysayers.

The Mint is making sure the coins, which are golden in color and slightly larger and thicker than a quarter, will be widely available so people will not be disappointed when they show up at banks looking for the coins.

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