| US Mint Eliminates Credit Card Purchases in $1 Coin Direct Ship Program |
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The United States Mint has once again altered its circulating $1 Coin Direct Ship Program in response to continued "abuses" of the system. Effective as of July 22, 2011 the Mint no longer accepts credit and debit cards for any transactions relating to the Direct Ship Program. Consumers prefer to use paper money over heavier coins in daily transactions, which has stunted $1 coin circulation. (In related news, read about legislation seeking to end dollar coins.) The United States Mint established the Direct Ship Program over three years ago as a method of seeding $1 coins into circulation. |
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