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With The Prez Dollar Coin Series Ending Soon....

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Pillar of the Community
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 Posted 03/26/2014  12:46 pm  Show Profile   Bookmark this reply Add solotime to your friends list
I don't know about getting rid of the one dollar bill...

You can't make it rain with Dollar coins, but you can with one dollar bills.
If you use dollar coins, someone will get hurt.
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United States
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 Posted 03/26/2014  3:31 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
You can't make it rain with Dollar coins, but you can with one dollar bills.

Or with twos.
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708 Posts
 Posted 03/26/2014  7:15 pm  Show Profile   Bookmark this reply Add Fox to your friends list

Quote:
No, it was a really stupid idea not discontinuing the one dollar note.


Agreed. But it was also a really stupid idea not discontinuingthe cent, the nickel, and $2 note and adding a $2 coin similiar to the Canadian toonie, and a smaller, moreworkable half dollar coin.
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United States
309 Posts
 Posted 03/26/2014  7:26 pm  Show Profile   Bookmark this reply Add Singer to your friends list
Ronald Reagan can't have a coin because Jimmy Carter is still alive. I believe that in order to have a coin, all predecessors must be deceased. Not entirely sure, but I also believe that Carter would have to pass soon in order for the series to continue.
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 Posted 03/26/2014  7:56 pm  Show Profile   Bookmark this reply Add BamaBlue to your friends list
In my opinion, no future US coin should have a picture of a politician. I would love to see more of the artistic interpretations of liberty, freedom and national pride. Ever since the issue of the Roosevelt dime following FDR's death, coins have taken a sharp turn away from being miniature pieces of art...
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 Posted 03/26/2014  9:48 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
I agree with most of you on this. I'm not a huge fan of Presidents/politicians on coinage (or specific people necessarily) and I do recall reading somewhere that at least one famous politician was never in favor of it, though regardless, his face would still end up on many coins long after his death.

With the Presidential series I particularly don't like well-circulated examples that have oxidized to that oh-so-lovely color of..."yuck"? Nice to find a shiny one though.

However, I do like the educational aspect of this particular (Presidential) series. And that's probably because I collect the FDCCs of this from the mint (yes, I pay way too much for $2 in coins plus some paper and a stamp). I think they're pretty cool and look great in an album. Even the non-FDCCs look great in an album and can be a great educational tool.
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 Posted 03/26/2014  10:13 pm  Show Profile   Bookmark this reply Add TheForce to your friends list
I really don't think these coins are really used for educational purposes. Most people don't know every president anyways and probably don't care to be frank. More than the boring, tired old presidents on these it's more that the edge lettering is a massive turn-off and the use of $1 instead of ONE DOLLAR. They look like Chucky Cheese tokens. As others pointed out they tarnish really bad. I am all for the use of dollar coins but I am just not into these ones.
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 Posted 03/27/2014  01:27 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list
@TheForce, I didn't mean to imply that they were used for educational purposes, but rather that they could be, particularly with the First Day Covers and all the historical and biographical information contained on the envelopes. Small distinction, perhaps, and probably negligible to most. As I said, the FDCCs look pretty cool in an album.

"Boring, tired, old Presidents" -- I suppose, if history isn't your thing. And, hey, history's not for most Americans these days, so I get it. I happen to like history, which is a big part of why I collect coins. Now... I realize that these coins are depicting history and aren't actual history (yet), so my argument isn't particularly solid.

I actually like the edge-incusing for the motto, BUT I think you're getting at the date and mint mark should be on the obverse/reverse and not the edge where it's impossible to read. TOTALLY agree. That just stinks.

The series definitely has its flaws. Again I say, FDCCs and a nice collector-grade set are pretty cool, but I can understand the distaste for the series.
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 Posted 03/27/2014  11:38 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Agreed. But it was also a really stupid idea not discontinuingthe cent, the nickel, and $2 note and adding a $2 coin similiar to the Canadian toonie, and a smaller, moreworkable half dollar coin.
Well, I did not want to go off on a rant.


Quote:
Ronald Reagan can't have a coin because Jimmy Carter is still alive. I believe that in order to have a coin, all predecessors must be deceased. Not entirely sure, but I also believe that Carter would have to pass soon in order for the series to continue.
The law is ambiguous. It does not explicitly say whether or not a living president can be skipped to honour a deceased one. Read one way, they can; another, they cannot.


Quote:
In my opinion, no future US coin should have a picture of a politician. I would love to see more of the artistic interpretations of liberty, freedom and national pride.
This, I like.
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United States
4870 Posts
 Posted 03/27/2014  11:49 am  Show Profile   Bookmark this reply Add TheForce to your friends list
Actually I don't like any lettering on the edges whether it be dates, mintmarks, or mottos. How can one see them if they are housed in holders? I like reeded edges personally.
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 Posted 03/27/2014  12:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I agree. The edge lettering makes filling a P/D album pointless.
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 Posted 03/27/2014  4:41 pm  Show Profile   Bookmark this reply Add shadz to your friends list
I had to special order a normal folder for the circulation pres dollars because every store only carries the deluxe P/D ones for that very reason. I might even have an S in there I just can't be bother to find and tell.

How will having the slabbed even be done so you can see the mintmark and such? That has got to be a pain in the obverse field.
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Pillar of the Community
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 Posted 03/28/2014  11:56 am  Show Profile   Bookmark this reply Add TheForce to your friends list
Here's an interesting article, it's from November but still an interesting read.

http://www.cnn.com/2013/11/28/us/one-dollar-coins/

Key points:

The Federal Reserve Banks hold about $1.4 billion in $1 coins -- enough to meet the demand for the next 40 years.

In fact, far more than half of all $1 coins ever minted are in government vaults.

Last year, more $1 coins were returned to the Federal Reserve than were paid out. More business returned the unpopular coin than asked for them. So the government's stockpile actually grew.
Edited by TheForce
03/28/2014 12:03 pm
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 Posted 03/28/2014  12:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
Same old, same old. Everything we already know.

  • Dollar coins will save taxpayer money (versus paper).

  • People prefer paper dollars over dollar coin (only because we prefer the familiar).

  • The only way the dollar coins will ever circulate is to eliminate the paper dollar.

  • The Treasury Department is clueless to the previous fact.

  • We waste another year with our heads in sand.


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