| Author |
 Replies: 34 / Views: 2,978 |
|
|
|
Pillar of the Community
United States
2734 Posts |
500 Million Year-2000 Sacagawea dollars were sent to Latin America, to countries which use a U.S. Dollar-based currency. Ecuador, for example, makes their own sub-$1 coins, but they do use Sac's and Fed. Reserve Notes for the $1 and above denominations.
Edited by DNA
12/12/2008 11:35 pm
|
|
Pillar of the Community
United States
1121 Posts |
|
|
Bedrock of the Community
United States
17884 Posts |
Quote:
They minted way to many but you never know if they will melt them down or something else might happen Don't hold your breath waiting for them to melt them. Those coins have already had their seniorage transferred to the general fund and to melt them would mean removing hundreds of millions of dollars from the asset side of the budget. I always thought of just the Sacs as "baby dollars" because they have a baby on them. |
|
Valued Member
United States
116 Posts |
Same here in North Carolina. They are spending millions of dollars advertising on TV that we should use the new dollar. I haven't seen any in circulation and if you ask at the bank for a roll, they have none. May have a couple in their change trays. Oddly, They do sometimes have rolls of mixed baby dollars which may have a Presidential dollar in them? |
|
New Member
 United States
34 Posts |
I haven't asked for a roll of them but the bank tellers seem to keep a fairly random selection in their trays,mostly biased towards the newest ones. At least on the couple of occasions I have been in there asking about them. I did get my Eisenhower dollar there, though. (Thank you for the info on that one's name!) |
|
Rest in Peace
United States
3730 Posts |
I received an Ike dollar recently in change from a convenience store. Paper $1 bill has to go before metal dollars will be used. For political reasons, the paper dollar stays, at least for now. Being a history teacher for 35 years, I like the Presidential series. I have a Dansco Album for DPS, and have saved quite a few of each President to give to our grandkids. |
|
Valued Member
United States
365 Posts |
I'd like to see the dollar bills phased out and the coin increase in use. We waste money printing money that doesn't last, when the coins would survive longer in circulation. On the value of collecting the golden dollars: I don't claim understand much of what goes on a lot of ebay coin auctions, but every time a roll of Sacagawea 2002,3,4(?) goes up for auction it seems to get 5 and 6 times face value! Can't be entirely worthless to hold on to some of these things! Besides you know in a buncha years everyone's gonna want a Washington, since they'll have lost track of many of the blander presidents in the long 19th century! (I'll hoard a roll of McKinley's, you bet! Remember the Maine!) And the mint'll pull a fast one and make low mintages here and there; say on Coolidge's SECOND coin... |
|
Pillar of the Community
United States
3098 Posts |
Quote:
Coolidge's SECOND coin You mean Clevelands? I think not, mate. He was the only Democratic president during that slew of Republicans, and he also helped to smooth the tarrifs with Europe and South America that allowed the start of Dollaring the world, which was even more exploited by TR. Ah.... APUSH... how I love you now... |
|
Valued Member
United States
365 Posts |
Dag! Meant Cleveland!  That'll teach me for posting at 2AM! |
|
Moderator
 United States
188952 Posts |
Quote:
I'd like to see the dollar bills phased out and the coin increase in use. We waste money printing money that doesn't last, when the coins would survive longer in circulation.  and  |
|
Bedrock of the Community
United States
12437 Posts |
Quote:
every time a roll of Sacagawea 2002,3,4(?) goes up for auction it seems to get 5 and 6 times face value! That would be because those are NIFC coins that were only available from the Mint for a premium price, the Sackies only had business strikes in 2000 and 2001. However, they will still turn up at banks occasionally, probably due to collectors searching for high grade examples from the Mint bags and rolls and then releasing the not so high grade examples. |
|
Valued Member
United States
417 Posts |
I never knew they were phasing out stamp machines. I had seen it happen here a while back, but I thought they didn't want people breaking into them because the economy was getting bad  |
|
Pillar of the Community
United States
2734 Posts |
Quote:
jbuck: "My two closest post offices now have machines that only accept debit/credit cards." Likewise, and that ticks me off because I pay with cash!  ( It would tick me off even more if I didn't pay all my bills online or with cash, and I actually needed stamps!  ) One cashier thought I'd got my Presidential dollars from the Post Office, but I've never received any as change from there.... Edited by DNA
12/15/2008 9:21 pm
|
|
Pillar of the Community
United States
7629 Posts |
There's only ONE correct answer for why these do not circulate. Because the government will NOT stop making $1 notes. As soon as the $1 note is gone, they can quit wasting our tax dollars trying to advertise coins that WILL NOT circulate until the $1 note is GONE.
|
|
Moderator
United States
188952 Posts |
Obviously,  |
| |
Replies: 34 / Views: 2,978 |
First Page
Posted 12/13/2008 12:53 am
