Saturday, May 9, 2009

Donde Es Sacagawea?

In the U.S., it's a rarity to find a Sacagawea dollar. When you find them, most people put it in their coin collection, rather than take the chance of using it and not getting another. We still mint the coins, so where is Sacagawea? Down here in Ecuador.

In 2001, Ecuador converted to the U.S. dollar, explaining the 1 to 1 exchange rate. For some reason, all the Sacagawea dollars got dumped down here. At the end of the day, you may end up with 5-10 of them. I got 2 from ONE purchase today!

Ecuador's money situation is strange (READ: absurd). They use American bills, dollar coins and cents such as dimes and nickels, but they also have Ecuadorian Centavos, worth the same as their American counterparts. Why are they worth nothing in the U.S.?

We've discussed the money situation down here so much that Dad finally got onto the computer today and googled the topic. Most people commented about the Sacagawea dollar down here but not up there. Several said that when they saw a Sacagawea dollar in the States, they thought that it was counterfeit! Goes to show you that people really don't see them up there, they are all in Ecuador.

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