Glorying in the surprising popularity of the recently released gold dollar coin, Philip N. Diehl, director of the U.S. Mint, appeared at the National Press Club last week. Demand for the coin, featuring the likeness of famed Native American guide Sacagawea, has forced the Mint to double production and has silenced critics who predicted the coin would flop as the Susan B. Anthony dollar did.
After some introductory remarks, Mr. Diehl answered questions from a crowd wondering: Will the dollar bill disappear? Will the penny disappear? Aren't we heading toward a cashless society anyway?