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 Replies: 25 / Views: 3,704 |
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Pillar of the Community
United States
2734 Posts |
Golden Dollars look great as Proofs, so I don't mind them at all in my OGP Proof Sets. The appearance of circulated Golden Dollars is another matter.  Speaking as one who uses them regularly (Car Wash = fumble with Quarters while the timer's on, pay $5 minimum with your credit card, or plunk in one $1 coin and go!), the War Nickels' use of manganese should have been plenty of clue as to how aesthetically-challenged circulated Golden Dollar coins end up becoming. I have (what appears to be) an Ecuadorian Sacagawea (worn down to lower F), and those are circulated frequently enough to wear to a nice, even brown tone. On ours, the color turns nasty, and since the coins are virtually never worn down below AU, there isn't the "circulation polishing" to smoothen the finish, as in Ecuador. |
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Moderator
 United States
188747 Posts |
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Golden Dollars look great as Proofs, so I don't mind them at all in my OGP Proof Sets.
The appearance of circulated Golden Dollars is another matter. I only collect the proofs. Not just for the reason you gave, but I only need one to build a date set. Seems silly to collect them by mint when you cannot see the mint mark in the album. |
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Pillar of the Community
United States
1795 Posts |
I use them for the best of both worlds. Now let me explain my reasons for saying this. I do collect them to fill my albums. Sacawagea (American Indian) and Presidential but I also ask for them when I go to the bank cause the tellers love to get rid of them. So I usually end up with anywhere for 10 to 50 or more each time. I then take them save them for future coin purchases and believe me they add up along with whatever other change I save so I never take any money out of my monthly bill money. I'm in the process of filling up a 5 gallon water bottle and can't wait till I fill it up. It works for me!
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Bedrock of the Community
United States
17884 Posts |
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One thing I have always wondered was, what was the reason for the law that stated "All coins above the dime in value, must feature an eagle on the reverse"? And also, why didn't the cent, nickel and dime have to feature eagle designs on their reverses? When the law was passed it was originally specified that the eagle had to appear on all the gold and silver coins. It wasn't specified on the copper coins probably because the gold and silver coins were legal tender but the copper coins were not. the dime and Half Dime were dropped from the requirement in I believe 1837. Most likely reason was they believed that the small size of the coins made it difficult to do a good representation of the eagle. (Oddly the Act of 1837 extended the use of the eagle to ALL US coins and then specifically specified that it be omitted from the Half Dime, dime, cent, and Half Cent.) Since the law specifically exempts the eagle from appearing on the cent ( shall be omitted), does this make the 1857 and 58 Flying Eagle cents illegal? Interesting question, after all they do not comply with the law. The Act of 1873 again requires the eagle on all coins and then specifically exempts the eagle from the cent, Three Cent, nickel, gold dollar and three dollar gold. I can understand the gold dollar due to size but why it exempts the 3 dollar and not the smaller quarter eagle I don't know. By this time the minor coins were legal tender, even if limited but the cent was a lot smaller than it was for the previous two Acts. |
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Pillar of the Community
United States
1192 Posts |
The edge lettering is unforgivable to me. A coins date and mint mark should never be place there.
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Pillar of the Community
United States
593 Posts |
The George Washington $$ had some where the edge lettering was omitted and they had some value. Do they still have any? I bought several original bank mint rolls BU when they came out. I have not opened them to check the edges. Also some others 1st year president $$. I also note that many of the gold $$ coins seem to fade and look ugly very fast when circulated. Better than the Zincolns that go bad in short time. I have Wheat and IHC that have circulated for decades that are better looking coins. The mint is not using the good alloys to preserve the coins. Unless they are silver mint sets The SBA $$ still look decent. |
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Pillar of the Community
United States
613 Posts |
Edge lettering bad. Date belongs on obverse. Size is OK. "One Dollar", not $1. Statue of Liberty - very good.
Too bad they don't circulate. But, will also be glad when this lackluster series is over (too many designs at once, oversaturation) That being said, I have a Dansco I am dutifully filling up and buy proof sets every year. Not exactly throwing away the lens with the Presidents.
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Pillar of the Community
United States
613 Posts |
Another thought: when it comes to "educational", I thought the 1968 Shell Oil Mr. President coins were more educational. I remember being 5 and my Dad giving one to me (aluminum version) when we'd gas up!  |
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Pillar of the Community
708 Posts |
One thing I could not stand about the first two years of the Prez and NA $1 coins was how they etched the words "In God We Trust" into the edges of the coins, so since the church freaks didn't take a good look, they called them "Godless" dollars and were trying to get people to boycott the "Godless" dollars, which was very stupid, so I remember how they had to change the legislation to put "In God We Trust" back on the from of the coin, and they just added stars to the edge lettering to fill that space in. I say, if they were going to take In God We Trust off the edge of the coins, they should have also removed the date and everything else off the edge of the coin, and etched the coins completely with stars all the way around, if they wanted anything onto the edge of the coins.
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Moderator
United States
188747 Posts |
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I say, if they were going to take In God We Trust off the edge of the coins, they should have also removed the date and everything else off the edge of the coin, and etched the coins completely with stars all the way around, if they wanted anything onto the edge of the coins.  The only problem is there is not a lot of room on the Presidential dollars to do this. The Native American dollars, however, have plenty of room on the obverse. The Presidential dollars I understand, but the Native American dollars should have never used edge lettering. |
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Replies: 25 / Views: 3,704 |
First Page
Posted 03/10/2015 10:54 am
