Comments on: Reagan, Ford and Nixon $1 Coins Released in Proof Set

By: Barry

Barry — Fri, 19 Feb 2016 17:47:09 +0000

A poor design portrayal on the Reagan coin. I won’t be buying the set.

By: Jp

Jp — Thu, 18 Feb 2016 10:59:35 +0000

Well …
That’s a whole lotta coinage sitting there. I’m sure in 10-15 years the TV coin guys will be able to tap into that “Lost hoard of Gold Presidential coins” to be able to unload on the public for a hefty profit. It’s the American way!
Short answer is a No on the $1 coins. Ok well said. Thanks NumisDudeTX

By: Jp

Jp — Thu, 18 Feb 2016 10:58:18 +0000

By: Seth Riesling

Seth Riesling — Wed, 17 Feb 2016 23:42:40 +0000

Jp –

There is no replacement $1 coin for after this year so far in Congress as far as the Presidential $1 coins go. The Native American Indian $1 coin program from 2009 till this year with different reverse designs each year, if I remember right, may end in 2019 unless Congress extends it, which I hope they do because most of their reverse designs have been great. Of course, no $1 coins have been issued for circulation since December 13, 2011 when then Secretary of the Treasury Timothy F. Geithner signed an order to stop the Mint from issuing anymore $1 coins of any kind for circulation. It would take an act of Congress signed by the President to change that situation. As it is now there are more than $1 billion $1 coins sitting in a Federal Reserve Bank new $600,000 building in Dallas built just to hold these coins in its large bank vault! They can’t be melted down either because the Fed banks ordered them & the Mint issued them & made the seigniorage profit on them for the U.S. Treasury General Fund. Crazy!

-NumisDudeTX

By: jim

jim — Wed, 17 Feb 2016 15:29:20 +0000

They’ve probably got one ready for Jimmy Carter, just waitin…

By: Jp

Jp — Wed, 17 Feb 2016 00:29:14 +0000

Does anyone know if there will be any type of replacement for these $1 coins going forward? (Seth?) I know they are not made for circulation(as are the Native American Indian). I assume they will still make the Indian coins next year, or will that also end? If they will only be making the Indian coins, you would think the Mint would come up with another $1 replacement?
I have always liked the reverse on these coins. If they end this for good, I hope they find another coin to use the reverse from this one. Just my oooo pin yun!
Boz- Nixon is spelled … Nixin. I’m sure of it. Really! : )

By: Boz

Boz — Tue, 16 Feb 2016 21:22:09 +0000

Oops, misspelled Nixun.

By: jim

jim — Tue, 16 Feb 2016 18:19:50 +0000

Oh Oh, another opportunity for a packaging misprint. Hopefully somebody checked the order and made sure the right presidents were depicted on the packaging before ordering 230,000.