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US Mint Begins Production of 2012 Presidential Dollars

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Valued Member
United States
244 Posts
 Posted 02/13/2012  3:41 pm  Show Profile Bookmark this reply Add ljenkins990 to your friends list Get a Link to this Reply
It will be interesting to see the two separate and non-consecutive mintage figures for the Grover Cleveland dollars when we get to him...
Pillar of the Community
United States
8888 Posts
 Posted 02/13/2012  3:47 pm  Show Profile Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Can banks still order them in or do you have to get them directly from the mint now?

They can order coins from the Fed but the will only get pre 2012 coins and they may be solid, or mixed, uncs. or circs. They can NOT order 2012 coins from the Fed. Those you will have to buy directly from the Mint.
New Member
United States
4 Posts
 Posted 03/09/2012  3:33 pm  Show Profile Bookmark this reply Add cdwest to your friends list Get a Link to this Reply
I still ask my local banks and what I have been hearing is that the Treasury Department has asked the banks to not order anymore. As far as the US Mint, their website says the Arthurs will be released at TBD date.
Valued Member
United States
70 Posts
 Posted 03/09/2012  11:40 pm  Show Profile Bookmark this reply Add Ridge_Runner to your friends list Get a Link to this Reply
I'm still really undecided about whether I should buy the rolls or not. It seems like I hear a 50/50 reaction on the subject. I have an up to date proof set in a Dansco because I get them in the proof sets every year. Figured I'd put them in a book. Just not sure if I should go P/D or not. I might wait to see what happens with the next release.
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United States
1274 Posts
 Posted 03/10/2012  12:31 am  Show Profile Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
Yeah, so we are talking about coins that won't get used in the first place. Then, people pulling them out because Wow they are so rare. Would love to see a low-ball set of these presidential coins in 20 years.

Yes, jbuck
Edited by Drsandman2
03/10/2012 12:32 am
Pillar of the Community
United States
655 Posts
 Posted 03/10/2012  02:38 am  Show Profile Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
I just got 2 rolls of mixed dollar coins from the bank today (to spend of course). My bank still has plenty to give out, but I worry about the day when they no longer will have them. That bothers me. Most non-collectors I have spoken with say they like the dollar coins. I think they would be more accepted than our elected officials think.

I will probably get a roll of each 2012 dollar just because they are NIFC. Arrrr!
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United States
8888 Posts
 Posted 03/10/2012  11:02 am  Show Profile Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Wow, only 1.6 million coins minted for both mints. Those will be rare like Kennedy halves.

Yep, but I haven't noticed the Kennedy halves as being particularly scarce. Even the 2001 to date pieces.


Quote:
I still ask my local banks and what I have been hearing is that the Treasury Department has asked the banks to not order anymore.

I would find that a bit surprising as the Treasury has always WANTED to get them into circulation and out of storage. I think your bank has misinterpreted the Fed instruction that the banks can't order any new President dollars to mean that they can't order ANY president dollars.
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United States
946 Posts
 Posted 03/10/2012  12:34 pm  Show Profile Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
I really think that there is quite a difference between mintage and circulation. Mintage may be down but lagging indicator of acceptance is circulation. I look at the mintage figures for the ATB quarters and wonder why I don't see them showing up in my pocket change at all, even given that they have been in circulation for over 2 years now. To me they are just hear say even though I have examples in my albums. Who's the blame or cause for the dilemna the banks, the mint, or our neighbors.

As was mentioned previously in this thread, we have minted more presidential coins than we have ever minted Morgan or Peace dollars, and according to preception they we not accepted either. Could this be a poor business decision of either the mint or congress?
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United States
21371 Posts
 Posted 03/12/2012  3:31 pm  Show Profile Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I think your bank has misinterpreted the Fed instruction that the banks can't order any new President dollars to mean that they can't order ANY president dollars.
I agree. Laziness looking for an excuse.
Jbuck! ... Coin Collector since 1978 ... Learn more about my current avatar and my previous one.

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United States
1635 Posts
 Posted 03/12/2012  7:31 pm  Show Profile Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
ill still buy them anyhow as I've gotten every single one so far
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United States
2277 Posts
 Posted 03/13/2012  10:25 am  Show Profile Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
Good reason to buy a mint set or two.
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 Posted 03/13/2012  10:42 am  Show Profile Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
Other than the first four only the Lincoln is in my collection. I had a feeling they'd be as 'exciting' as the state quarters, so I never planned to collect the set. I might add FDR, Ike, and JFK - but by then the mint will only be making them to order for collectors.
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21371 Posts
 Posted 03/13/2012  3:13 pm  Show Profile Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I only have them in proof, but have not put them in an album yet. I do not buy mint sets and most of the ones I have gotten in circulation look pretty rough. Since I cannot see the mint mark in an Album, I will probably do a date only set with the proofs.
Jbuck! ... Coin Collector since 1978 ... Learn more about my current avatar and my previous one.

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Rest in Peace
United States
9104 Posts
 Posted 03/13/2012  10:43 pm  Show Profile Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
The reason there are 1999 SBA coins is because the 800 million already made weren't enuf for commerce.
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21371 Posts
 Posted 03/14/2012  4:17 pm  Show Profile Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
In 1999 every post office in my area used them in the stamp machines. This was how I got my 1999 business strikes.

Sadly, all of the post office stamp machines use electronic payment now. No more easy dollar coin finds.
Jbuck! ... Coin Collector since 1978 ... Learn more about my current avatar and my previous one.

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