Comments on: US Mint Adds Presidential $1 Coin Products, Cuts Prices

By: billymac11

billymac11 — Mon, 21 May 2012 18:10:39 +0000

Post-2012 Presidential Dollars will be forgotten by many in the present and much more valued in the long term, especially the more popular modern Presidents. George is totally right.

Related topic: maybe the mint can run off 26mm versions of the existing presidential medals, so we can fill our albums out with the living presidents who likely won’t be dying “on time” to be in the dollar program: Carter, Bush41, Clinton, Bush43, Obama.

By: george glazener

george glazener — Sat, 07 Jan 2012 21:20:11 +0000

Well, I’m not sure I’d consider the 2012 & beyond Presidential Dollar coins as “circulating” money anymore. I did when I could get them from my local bank for “free”. I loved annoying people when I paid for stuff with 15 or 20 dollar coins. But now, just like the annual proof sets, I’ll think of them as collector’s items to be admired for their aesthetic appeal and numismatic value. Think about it – proof sets don’t contain any more than a few bucks of pocket change if you consider them to be just that, but as unbroken sets, they consistently maintain their “collector” value. These upcoming dollar coin releases are going to be a winner in time..

By: Munze

Munze — Sat, 07 Jan 2012 20:26:20 +0000

Dave, the Mint doesn’t really have anything to say about eliminating the dollar bill. Any such decision has to come from higher up in the Treasury AND make it past the drones and buffoons in Congress who have already shown themselves to be both clueless and utterly self-serving about most coinage issues – witness the fiascoes with the Westward Journey nickel designs and how long it took to add color to paper currency.

I don’t know how other countries handle such things but in my travels I get the impression that other nations do a better job of keeping politicians out of the process. Perhaps if we did the same we might have a more modern and efficient coinage system. Of course we can’t fix health care, education, or even our measurement system due to politics so I don’t know why coinage should be any different . . .

By: Dave Moss

Dave Moss — Sat, 07 Jan 2012 19:01:57 +0000

I agree with you Jim, I have been buying 4 rolls of the P’s at the bank and a friend of mine that happens to live in Denver has been getting 4 rolls of the D’s for me there, thats from the 2007 until now, I guess I will have to live with half a set, they can count me out wanting to charge me for a coin that is nothing more than currency is nuts. It’s still to bad the mint isn’t smart enough or tough enough to drop the paper dollar, some people will cry but they would get over it, if they had no choice thay would use the dollar coins or get bigger pockets and carry more quarters. The goverment talks big about saving money but won’t step up and do it.

By: jim

jim — Sat, 07 Jan 2012 17:02:25 +0000

Not sure why anybody would want to pay more than what a coin is worth other than for collecting purposes. This is a boon for dealers but nobody else. Another case where the mint is supporting dealers and not the collectors.

By: george glazener

george glazener — Fri, 06 Jan 2012 20:51:33 +0000

Very cool…!!
This is what they should have done all along. Love the price reductions on the 25-coin roll & the First Spouse medal sets. These should be great sellers, especially if they package the 100-250-500 count boxes attractively. Just wait until we get into Presidents like TR, FDR, Ike, Kennedy…..these will be real winners for the US MINT