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Keep the Change: Initially Popular Dollar Coin Loses Its Golden Shine

The coins are surprisingly heavy, Pugh says, adding that it's simply not reasonable to carry around five or 10 dollars in golden coins.

And to make matters worse, Pugh says, the coins are not very useful.

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"You still need dollar bills for vending machines," Pugh says. "Not even slot machines will accept these coins. They look sort of like chocolate money."

In the last few months, Pugh says, the only interest she has seen is from grandparents who want to buy a 25-dollar roll of coins as a gift for grandchildren.

The coin is no more popular with Square shop owners.

When asked the last time a customer paid with a golden dollar coin, Gnomon Copy employee Sarah Hill is thoughtful.

"I think someone used one once, maybe," she says. "We really don't see them much."

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