New Presidential $1 Coins are certainly a hit with many collectors, but their acceptance elsewhere since they were first introduced in 2007 has been slow.
Frightening slow... and very similar to previous failed attempts at thrusting dollar coins into the publics hands.
Like the Susan B. Anthony and Sacagawea golden dollars, Presidential $1 coins face a daunting and nearly impossible task of competing with the one dollar bill.
Regardless of the historical and interesting aspects of any dollar coin, handling and using paper bills in every day life is simply too convenient. When it comes to the dollar, most people want to use and receive paper in transactions, not coin.
The Hesselgesser Flowing Hair and Bust Dollar Collection, the number one set of early United States silver dollars in the Professional Coin Grading Service’s Set RegistrySM, will be displayed during the Long Beach, California Coin, Stamp & Collectibles Expo, February 14 – 16, 2008.
“The collection is owned by California radiologist, Dr. Robert D. Hesselgesser, and it’s the finest collection of Flowing Hair and Bust variety dollars graded by PCGS using Bolender and Bowers-Borckardt reference numbers. He has added or upgraded about a dozen coins since he first registered this impressive set a year ago when the expanded PCGS variety attribution services were launched,” said BJ Searls, Manager of the PCGS Set Registry.
“The total number of possible varieties in the Registry is 118. The exhibit at the PCGS booth (#807) at the Long Beach Expo will showcase 107 of them, many among the finest known examples.”