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 Replies: 26 / Views: 3,920 |
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Moderator
 United States
188952 Posts |
Very nice!  |
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Valued Member
United States
449 Posts |
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Pillar of the Community
United States
4870 Posts |
The reverse design is excellent. However it would be better if they ditched $1 and used ONE DOLLAR and made the Statue of Liberty a touch smaller as to not have parts of it so close to the edge.
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Moderator
United States
188952 Posts |
Quote:I thought the newer Presidential dollars weren't available to the public. They are not released to the banks, but people buy rolls from the mint looking for gems and dumping the rest. If the Reagan roll was in the mint wrapper, perhaps the purchaser needed to cash in for an emergency. |
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New Member
United States
41 Posts |
Quote:
They are not released to the banks, but people buy roll from the mint looking for gems and dumping the rest. If the Reagan roll was in the mint wrapper, perhaps the purchaser needed to cash in for an emergency. Perhaps it was given to someone as a gift, and the recipient did not realize that they were worth more than face value. |
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Moderator
United States
188952 Posts |
That is another plausible scenario. |
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Pillar of the Community
United States
998 Posts |
Quote:I thought the newer Presidential dollars weren't available to the public. They absolutely are available to the public, they just are not intended for circulation. They are sold by the box, bag or roll. You will pay a premium price for them, for instance a 25-coin roll is $32.95 and you still need to add shipping. |
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Pillar of the Community
 United States
1386 Posts |
I was unaware of this. Is there a list I can look over for the Presidential dollars that aren't suppose to be in circulation? I actually have a couple Reagan's myself. Not a whole roll but a few. Thanks in advance for the info! |
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Bedrock of the Community
United States
17884 Posts |
Quote: Is there a list I can look over for the Presidential dollars that aren't suppose to be in circulation? All of the dollar coins dated 2012 and later were not intended for circulation. |
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Pillar of the Community
United States
4870 Posts |
They were mostly intended to sit in government vaults and never see the light of day.
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Pillar of the Community
United States
998 Posts |
Quote:
They were mostly intended to sit in government vaults and never see the light of day. Actually these dollars weren't. Silver dollars from the 1930's and before were mostly used as a store of value to back paper money but dollar coins minted since the 1970's were intended as either circulation coinage or collector pieces. The metal they are minted from these days has too little intrinsic value to be worth storing in vaults as backing for paper money, the ones that are in vaults are only there because there is nothing else to do with them due to low demand. Eliminating the paper dollar would create a demand for them and they would enter circulation and become useful. |
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Replies: 26 / Views: 3,920 |
First Page
Posted 01/13/2017 5:55 pm
