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 Replies: 30 / Views: 3,449 |
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Pillar of the Community
United States
1397 Posts |
Quote:
I think half the reason the mint made them was so common people would collect them get bored and spend them. The mint wants $1 coins in ciculation. Didn't work for the two dollar bills why should it work for the coins? People either collect them or shun them. |
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Valued Member
United States
310 Posts |
I don't know if it's been a complete failure. Look at the mintages. They've pushed a lot out there. Granted congress could help them out by getting rid of the $1 bill
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Pillar of the Community
United States
592 Posts |
"Look at the mintages they have pushed alot out there"- They are not; Most of them are sitting in vaults, Not circulating.
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Valued Member
United States
341 Posts |
GRR, you might be right. The designs are kind of bland. Maybe that is it.
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Valued Member
United States
341 Posts |
I haven't seen any that have gone through much use. I've seen some that have turned almost white in color.
Sacs take on a poor color after some time.
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Moderator
 United States
188952 Posts |
Quote:I think the big problem is these Pres. Dollars and State Quarters were not really minted for use, just to collect. It just was not thought through very clearly. Quote:
The pres dollars were minted for use. The mint is trying all they can to get the population to use $1 coins. I think half the reason the mint made them was so common people would collect them get bored and spend them. The mint wants $1 coins in ciculation. Correct. Unfortunately, another government agency, the Bureau of Engraving and Printing, is mandated to work against that plan. Quote:
Granted congress could help them out by getting rid of the $1 bill Exactly. |
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Pillar of the Community
United States
6326 Posts |
I've seen that ugly toning that JB mentioned earlier. It isn't pretty at all ! ....  And I'm afraid that a lot of peoples "folders" and "albums" will eventually show this too. I collect them in Proof (album), as well as BU business strikes (folders).....and I'm just waiting for the inevitable, it seems. Certainly, "circulated" ones attained from "the wild" will be the most troublesome ones to collect/have. And there's no value to doing that in any way, shape, or form, in my opinion. In large part, because of this very thing. |
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Moderator
United States
188952 Posts |
Quote:
And I'm afraid that a lot of peoples "folders" and "albums" will eventually show this too. This is my fear as well. I have not bought an album yet, nor have I cracked the proofs (thankfully, they are in their own lens). I know they are really no safer in the lens than they would be in an album; I am just afraid to breath on them! |
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New Member
United States
24 Posts |
Whenever I spend a new one the cashier usually says it looks ''Pretty'' or something similar. When they are shiny and new, they do look good - at first glance.
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Pillar of the Community
United States
7629 Posts |
The major problem with all our coinage of late is that the mint went to a simpler and cheaper way of making coining dies that would not allow for the deeper, nicer designs we used to have. Back then die life was short - very short for some series. Now they want to give us the nicest designs they can but they have thickness tolerances they have to stick to which ultimately limit artistic license. They ONLY way we can go back to having "nice" coins is to go back to the process of making dies using the multiple hubbing technique.
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Pillar of the Community
United States
594 Posts |
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"Look at the mintages they have pushed alot out there"- They are not; Most of them are sitting in vaults, Not circulating. I've talked to tellers at a couple banks about ordering boxes and at both banks I got the reply that the Mint charges a premium for them, so they won't do it. It will cost the bank to put those in circulation.  Something doesn't seem right. Quote:
Our coinage went to crap when they started putting dead Presidents on them.
 I could see it maybe for Lincoln, but when Roosevelt shows up on the dime, naw, they went to crap then. And as far as Lincoln goes, alright already, 100 years ain't long enough for ya?  Time to move on. But that brings us to the question; who or what should be the replacement?  Good subject for the next topic. I would like to see a Teddy Roosevelt large dollar.  Or a Paul Revere 40% silver dime. Proofs 90%. Ben sure looked better on the halve, and IMO did more. I do like the new obverse on the Jefferson nickel. I've started collecting these proofs. But I also think it is time for a change to the reverse too. Monticello wasn't even completed by Jefferson and sold for debts when he died. Perhaps a quill and or scroll. The man could write.  Quote:
I find the obverses to be dull and uncreative. The reason why is... Quote:
The mint does not use artists to design coins, they are designed by committee. Actually I believe they are designed by artists however the artists influence must be from a photograph, sculpture or such. Lincoln's was from a photograph. THEN those designs go to a committee and then they choose. I believe I just recently read that somewhere. Quote:
The reverse is even worse--it looks like a subway token.
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Pillar of the Community
United States
3077 Posts |
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Pillar of the Community
United States
594 Posts |
At least it's a new look if anything.
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Pillar of the Community
United States
3077 Posts |
it dont take long in circulation and they look like heck even BU rolls its hard to find a nice MS63
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Pillar of the Community
United States
594 Posts |
Figured something would creep up. That's why I'm doing Proofs only. I caught it at the beginning of the new design. Maybe individually they may not increase in value, but as a proof set I think would command a higher price, down the road.
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Replies: 30 / Views: 3,449 |
First Page
Posted 02/22/2011 02:31 am
