Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Specializing in Modern Numismatics 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall Royal Estate Auctions - $1 Coin AuctionsJoin Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

President Dollars: Are They Circulating? Part 2

To participate in the forum you must log in or register.
First Page  Showing last 15 replies.
Author Previous TopicReplies: 20 / Views: 2,359Next Topic Page 2 of 2
Pillar of the Community
United States
2443 Posts
 Posted 11/22/2007  8:02 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list
I've only gotten one in total. I guess they're not circulating.
Rest in Peace
United States
3730 Posts
 Posted 11/22/2007  8:48 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list
They don't circulate in western Colorado.

Stores do accept them here without question.

Gotta get rid of the $1 bills!
Moderator
Learn More...
United States
6563 Posts
 Posted 11/22/2007  8:59 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list
I have spent around $200 of them.

I have yet to see a single one Ever besides the ones I spend.
Valued Member
United States
86 Posts
 Posted 11/23/2007  07:27 am  Show Profile   Bookmark this reply Add Randy to your friends list
I have received 2 as change (one from a dealer at a coin show). I have shown them to people I work with, and they have never heard of them, much less seen one. My Credit Union does have them at all times though. I also agree, for dollar coins to work, the paper has to go. I would also like to see something other than presidents on them.
Randy
Pillar of the Community
United States
2602 Posts
 Posted 11/23/2007  09:08 am  Show Profile   Bookmark this reply Add mycrob to your friends list
In Shreveport, I have never gotten a Presidential dollar in change, except from the USPS stamp machine, which contains a mixture of SBA, SAC and Presidential (mostly the latter). For the ones I get out of the stamp machine, I turn around and spend them. I was initially getting all kinds of unusual remarks. But lately people seem to be recognizing them.

I agree with some of the other posters: You cannot have a widely circulating $1 coin unless you elminate the paper dollar, like in Canada. In Canada, $1 and $2 coins circulate widely.

One time I tried to pay $5 parking with 5 SAC dollars and the attendant refused payment and told me to leave unless I had real money. She thought, I think, that the SAC were not real money or counterfeit.

Before the Presidential series started, I was getting $1 rolls whenever possible, because I find proofs, coins not intended for circulation (eg, 2003 SAC) and many wide rim 1979 SBA. Once the presidential series started, however, the mixed rolls have become loaded with circulated Presidential dollars and now my good finds are nearly gone. This could be a thread by itself- should the SBA and/or SAC be removed entirely from circulation, because most people hate the SBA dollars and perhaps they shouldn't be mixing them with the SAC and Presidential dollars?

At the banks, I have no trouble getting labeled BU rolls of whatever current president was released, but previous presidents are gone, so it does seem like folks are hoarding them.

Edited by mycrob
11/23/2007 09:13 am
Pillar of the Community
United States
1173 Posts
 Posted 11/23/2007  09:41 am  Show Profile   Bookmark this reply Add hunter20ga to your friends list
Not sure of the definition for "circulating" but I'd say "no" the Presidential dollar coins are not circulating. A few change hands at places of business, but I'd bet that 10,000 one dollar bills change hands in normal commercial transactions (not counting coin store purchases of dollar coins, etc.) nationwide for every dollar coin that does. If the government has any intention of making them circulate freely, then the dollar bills must be pulled from circulation.
Edited by hunter20ga
11/23/2007 09:42 am
Valued Member
United States
393 Posts
 Posted 11/23/2007  11:27 am  Show Profile   Bookmark this reply Add tnwalker10 to your friends list
They're not circulating in east Tennessee. I've never received one in change and don't know anybody who has. People seem to be hoarding from the banks for their collections, but other than that, no.
Valued Member
United States
382 Posts
 Posted 11/23/2007  1:02 pm  Show Profile   Bookmark this reply Add tonphil1960 to your friends list
The Dollar bill must be copmletely eliminated, then it will circulate. I have gotten one since they came out. The American people have no idea what these coins are despite all the hype when they came out. The Country in in a Fog.

Tony
Pillar of the Community
United States
2443 Posts
 Posted 11/23/2007  3:16 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list
quote:
The Dollar bill must be copmletely eliminated, then it will circulate


I agree, but I think there would be a huge public outcry if that happens. People don't really like change.
Valued Member
United States
382 Posts
 Posted 11/23/2007  5:09 pm  Show Profile   Bookmark this reply Add tonphil1960 to your friends list
Yeah but the average American would accept it. He would have no choice. I think it might work ? Maybe

Tony
Pillar of the Community
United States
1424 Posts
 Posted 11/23/2007  9:01 pm  Show Profile   Bookmark this reply Add bmanofnbc to your friends list
I never see any dollar coins in circulation except at the banks, when I ask for halves they ALWAYS try to push off some of their dollar coins on me.

I wish they would circulate more, then I might find some of them when I'm out metal detecting, that would sure help with the clad totals.
Pillar of the Community
United States
2269 Posts
 Posted 11/23/2007  9:35 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list
I have yet to receive a Presidential dollar coin in circulation. I have circulated about 100 of them. So far no one has refused the dollar coin. When I spend them, I watch the cashier inspect the coin, before realizing I gave them a real dollar coin. Most people say they are going to keep them. Unfortunately no one is spending them.

I agree with most. The only way to get the public to use dollar coins, is the elimination of the dollar bill.

Since a dollar coin can last 30 years in circulation, verses a dollar bill lasting only 22 months on average, it would make more sense if the government eliminated the dollar bill. I have heard the government would save $500,000,000.00.
Valued Member
United States
455 Posts
 Posted 11/23/2007  10:58 pm  Show Profile   Bookmark this reply Add TSmith3510 to your friends list
I'll say it again.

Our coin denominations have not kept up with the times. A dime is like a cent used to be. A dollar is like a dime used to be.

The $1 coins are too big, they should be the size of a dime.

Nobody cares though. I think I'll dance.
Valued Member
United States
382 Posts
 Posted 11/24/2007  05:59 am  Show Profile   Bookmark this reply Add tonphil1960 to your friends list
TS, you hit the nail right on the head, nobody cares !!

Tony
New Member
United States
31 Posts
 Posted 11/28/2007  12:40 am  Show Profile   Bookmark this reply Add Ardon to your friends list
Well I spend them all the time. I've never had them refused, although one person asked me if I had "made them myself?"?!? Most people look at them with wonder, and decide to keep them. Once when I tried giving one to someone he said: "Oh, no, you keep them. Those are much too valuable."'
Page 2 of 2   Previous TopicReplies: 20 / Views: 2,359Next Topic Page 2 of 2
First Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.32 seconds to rattle this change. Forums