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Presidential Dollar Coin Investment Value

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Pillar of the Community
United States
6326 Posts
 Posted 03/26/2008  11:56 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list
Anybody gonna bust open these uncirc. and/or proof sets and put them into a Presidential album ?
Was anybody NOT going to do that before......but after learning of and being convinced of their "future low value".....changed their mind and now decided to "crack em"?
Member
United States
3242 Posts
 Posted 03/26/2008  12:04 pm  Show Profile   Bookmark this reply Add amac44 to your friends list
In the days the Morgan were made we had the same problems the masses did not want a large coin nether but now Morgans are collected as the king of great coins!

But back to 2000 Sac came out they failed now 2007&2008 pres dollar a failure.
maybe in 2073 the Sac&Pres will be the next GSA hoard?
Edited by amac44
03/26/2008 12:05 pm
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United States
188952 Posts
 Posted 03/26/2008  12:18 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
quote:
Anybody gonna bust open these uncirc. and/or proof sets and put them into a Presidential album ?
I want to, but I cannot decide what album I want. Since the mint mark is not visible in an album, I might just collect by date. But what do do with the proofs? If I collect proof only, do I spend the uncirculated ones. Note sure... so for now they sit in a tube!
New Member
United States
3 Posts
 Posted 03/26/2008  1:55 pm  Show Profile   Bookmark this reply Add silversaver to your friends list
Thanks for the great welcome. Sorry to be thick but I don't see the Presidential Satin finish coin on usmint website. I thought I read you have to be a collector or dealer to get these?
Pillar of the Community
United States
4541 Posts
 Posted 03/26/2008  2:16 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list
silver go to link and see what it says anyone can buy from mint
http://catalog.usmint.gov/webapp/wc...ory_rn=10211
all they are doing is busting out the pres. and putting them in a new c ASE
Edited by daviscfad
03/26/2008 2:18 pm
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United States
188952 Posts
 Posted 03/26/2008  2:18 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
They are a part of the regular issue mint set, and all of the mint sets since 2005 are satin finish.
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United States
3 Posts
 Posted 03/26/2008  2:44 pm  Show Profile   Bookmark this reply Add silversaver to your friends list
Thats everyone...Goodbye HSN, CSN, QVC, Franklin Mint..Now I can ignore these ads and get some sleep.
Pillar of the Community
United States
543 Posts
 Posted 03/26/2008  8:04 pm  Show Profile   Bookmark this reply Add jeremymh to your friends list
I highly doubt they will ever have any considerate value, unless the value of the metals they are composed of raises drasticly!
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United States
2589 Posts
 Posted 03/27/2008  12:04 am  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list
i hate the edge lettering, I hear there putting edge lettering on the sac dollars starting in 09 as well, what a disaster they should bring back half eagles and make them out of silver or something so that our money has actual real value instead of this base metal junk that circulates today, a dollars not a dollar to me unless its silver
Valued Member
United States
272 Posts
 Posted 03/27/2008  09:04 am  Show Profile   Bookmark this reply Add OldGold to your friends list
So release a 1oz silver coin with a $20 face value?
Pillar of the Community
United States
4870 Posts
 Posted 03/27/2008  09:12 am  Show Profile   Bookmark this reply Add TheForce to your friends list
What is the reasoning behind using edge lettering? It's awful.
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United States
6326 Posts
 Posted 03/27/2008  09:21 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list
Yeah.....because NOW they need to make the coin albums with a "raised edge" pocket or something......whoever comes out with one would probably make some money selling em'..!!
And I think the only way to have a nice set of these is to "crack em'....I have a nice Whitman for mine and I think I just might put my "proofs" in there ! That would get the most value possible and the best presentation of them. My Whitman album for them is a really nice one......it has the protective "sleeve" to slide over them, once they're put into the hole..... and you can see front and back (of course not the edge!)........What better album to put "proofs" into?
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United States
188952 Posts
 Posted 03/27/2008  10:47 am  Show Profile   Bookmark this reply Add jbuck to your friends list
quote:
What is the reasoning behind using edge lettering? It's awful.
The intention was to have enough room without cluttering the faces, since they added lettering to the obverse for the President's name and the term of office. IMHO, I think they could have fit the legends on the reverse and the date-mint on the obverse without making a mess.
Valued Member
United States
335 Posts
 Posted 03/27/2008  1:38 pm  Show Profile   Bookmark this reply Add sandpaper to your friends list
I think they could have fit the legends on the reverse and the date-mint on the obverse without making a mess I think a hype factor of 11.367 was combined with the expected hype factor of 31.384 for the new product.
Edited by sandpaper
03/27/2008 1:39 pm
Rest in Peace
United States
3730 Posts
 Posted 03/28/2008  02:29 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list
I put away a bank roll of the Presidential dollars each time a new one is issued. No particular reason other than having them to pass down to the grandkids someday.

As a former history teacher I must admit I enjoy taking out my album and looking at the coins released so far. Causes me to think back and recall what I had learned about each President.
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