Melting Gold Coins To Reduce National Debt

If some Americans can chime in:

So you have these $1 coins, that are in circulation, but.... nobody uses them? To the point where some people have never even seem them before and believe they are made of gold?

I don't want to sound mean, but I highly doubt Americans are that.. umm... misinformed?

I guess its just hard to believe since up north our $1 and $2 are always used, and other places even have $5 and $10 coins.

@vinnycoin: Surely, living in Canada, you've actually met some Americans? Yes, we are that stupid.

Where I live, the best way to get the "golden" dollars is as change when buying subway fare. I went to the bank a few weeks ago to get a roll and the teller kept trying to give me a $100 stack of bills every time I asked for a "roll of dollars."

Seriously, though, these coins are absolutely not in circulation and I'm not surprised that people either haven't heard of them or else don't realize what they are made of. OK, so I'm a bit surprised that anybody would think they could get a solid gold coin for $1, but still...

This kind of stuff with the 'gold' $1 coins reminds me of when I would give my 4 year old sister a plastic "diamond" and she would get really happy and think it was actually worth a lot of money. The only difference between that and this is that with this the people aren't 4 years old, but they're grown men...

"An empty head is not really empty; it is stuffed with rubbish. Hence the difficulty of forcing anything into an empty head."
-- Eric Hoffer

And a pitiful solution that is.

To Mr. Phillip Smith, I have a few hundred ounces of "gold" dollar coins that I regularly put into circulation just for the fun of it, Hey wait a minute I can give you this offer I will sell you all the gold dollars I have for $5.00 each and with your insanity I mean insight you could make a HUGE profit. I wish I could see the staffer who read this letter's expression and would love to see the response.
Think tank? He didn't really think this through at all, if he did he would have figured out that the golden color is just that color not real gold. Sometimes I wake up and need a good laugh so thank-you Mr. Smith for tomorrows smile.
The real issue is that so many people believe the same thing. We in the hobby need to do our part to inform and put these types of issues into circulation.

My next question is this: What would happen to the collector value of the current golden dollar coins on the market if the mint melted the ones in storage. That law of supply and demand might just kick in here and create a real current collectible.