United States Mint and the Army and Air Force Exchange Service Join Forces to Promote $1 Coins
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Summary
WASHINGTON, July 2 /PRNewswire-USNewswire/ -- The United States Mint and the Army and Air Force Exchange Service (AAFES) are teaming up to encourage regular use of $1 coins in everyday cash transactions at military exchanges. Retailers at Fort Sam Houston, Texas; Fort Huachuca, Arizona; and Fort Carson, Peterson Air Force Base and the Air Force Academy in Colorado have been selected by AAFES to participate in a $1 coin launch initiative to begin on July 4. The goal of the initiative is to expand $1 coin usage to all 1,703 AAFES locations throughout the country. Exchanges are retail stores located on military bases and facilities that serve active duty and retired members of the Armed Forced and their families.
"We are happy to announce that AAFES is embracing the use and distribution of $1 coins," said United States Mint Director Ed Moy. "The benefits of using $1 coins resonate with the military's commitment to sustainability. The coins are 100% recyclable, last for decades and can save the country money."See the full content of this document
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United States Mint and the Army and Air Force Exchange Service Join Forces to Promote $1 Coins
A Government Accountability Office report in 2002 said that the country could save over $500 milli...
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