Presidential Dollar Coins

Hi all, been a while since I last got in here, had a son born and haven't really had time to do any coin collecting. My wife's grandpa loves giving up these dollars everytime his bank gets the new rolls. He was DEVASTATED when they told him no banks are going to be carrying anymore of the newly released presidential dollars. If I'm reading correctly, you will now ONLY be able to get these from the mint at $40/roll OR wait and see if they show in eBay which I'm assuming even if they do will be more than $40/roll? Am I accurate there? Thanks so much, I really want to find a way to get them for him to continue handing out. Thomas

Thanks alot...he gives them to all kids and grandkids so he needs just a roll of each. I guess we'll look into just ordering from the mint. Are there any tricks, coupons, free shipping gimmicks with the mint? :)

I like the president dollars and hipe to continue my set. Since I live in Philly I can go to the mint and get the annual U.S. Mint Uncirculated Set. It works well for me because I need all those coins for my various collections. I also acquire the clad quarter and presidential dollar proof sets to fill out those collections. Have the Dansco albums for the sets (prez and quarter lack proof holes - I keep them in blue USMint boxes. Granted, I had to play catchup when I got back into the hobby a couple years back. Just like to have as complete a set as possible at reasonable costs.

Are you planning to hold them for 80 years, like you would have held Morgans before they had collector value?

JFK's been dead for more than two years. Don't believe every conspiracy theory you read on the internet :) Two years isn't a universal rule for coins, however, the law that authorized the presidential dollar coins specified that for this particular series an ex-president had to be dead for two years before he would become eligible. The law that authorized the JFK half dollar had no such requirement.

Lorax has it right. Contrary to what many people believe there is no law that forbids the picturing of a living person on US coins. Likewise there is no general law that says how long someone should be dead. So there was no problem with the immediate introduction of the Roosevlt dime or the Kennedy half. When the Presidential dollar legislation was written it specifically required that the President must have been dead for two years before his coin was issued. Interestingly no such restriction was placed on the First Spouse coins, so a First Spouse could appear even if they haven't been dead for two years. In fact if the President is eligible and the First Spouse is still living they can still have their coin.

The law required Franklin to be on the half unless changed by Congressional action. Congress took that action in 1963 when they passed legislation to put Kennedy on the half dollar.