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 Replies: 19 / Views: 2,639 |
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Valued Member
United States
138 Posts |
I have yet to this day to understand why anyone would buy rolls of coin or bags of coin from the mint when they can get them for face value at your bank by simply asking.
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Pillar of the Community
United States
673 Posts |
Well mvc. you can't get everything from the bank. Kennedy half dollars, and Sacagawea dollars are not minted for circulation, therefore only available at the mint. I also live east of the Mississippi river, making it difficult to get Denver mint coins. I thought buying the coins from the mint was a ripoff at the premium they get....see how much those Kennedy's and Sac's cost now to fill those holes and compare that to 35.95 a roll for the dollars and 16.95 (I think) a roll for Kennedy's, a bargain today ! |
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Pillar of the Community
United States
749 Posts |
I am glad they are continuing with the Sacs  infiniteInterest..I live east of the Mississippi and live closer to Philadelphia than Denver and I get tons of D MM's and very little P MM's. Too Weird!  |
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Rest in Peace
Australia
661 Posts |
I read in an Australian national magazine today that the US mints are having trouble finding secure storage space for all the Sac's and Presidential dollars that they can't off load on the public. Apparently runs into the thousands of millions. Stopping the issue of one dollar notes would be too simple. Worked in a lot of other countries regards. Edited by muckeye
04/06/2008 06:25 am
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Pillar of the Community
United States
6326 Posts |
I like the Sac's.....but am quickly turning sour on the Pres. Dollars....too many of them minted and everybody will have them for the next 100 years ! Even and especially in Proof and Unciculated conditon.........that kind of ruins it if "everyone's got em".....and forever too !
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Bedrock of the Community
United States
14454 Posts |
quote:
that kind of ruins it if "everyone's got em".....and forever too !
It would be different if they had some kind of precious metals in them but they don't |
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Valued Member
United States
138 Posts |
InfiniteInterest quote:
Well mvc. you can't get everything from the bank. Kennedy half dollars, and Sacagawea dollars are not minted for circulation, therefore only available at the mint. I also live east of the Mississippi river, making it difficult to get Denver mint coins.
True, I realized the error of my ways after I wrote it. Still, I buy rolls/boxes of UNC coin from my bank when I can get them (always with "D" mint) and offer them on ebay. And while I get buyers from the east coast, I still get a large number of buyers/bidders from the west coast buying "D" coin when I am sure they could walk down to their bank and get the same thing. I am sure there must be some reason they do though. |
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Pillar of the Community
United States
535 Posts |
I still can't figure out how they got away with minting so few Sacs in 2007. According to the Presidential dollar bills that I read, 1/3 of the total dollars minted in 2007 were supposed to be Sacs. How come that didn't happen? |
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Moderator
 United States
188660 Posts |
quote:
Stopping the issue of one dollar notes would be too simple. Worked in a lot of other countries
 IMHO, they should either quite printing the dollar note, or mint the dollar coins for collectors only. Edited by jbuck
04/06/2008 11:35 pm
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Pillar of the Community
United States
4541 Posts |
So in 2009 the Sacagawea will go back into circulation?
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New Member
 United States
12 Posts |
daviscfad no the 2002-2009 sac wil not be released into cerculation.
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Pillar of the Community
United States
1541 Posts |
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Pillar of the Community
United States
6326 Posts |
NEWS>>>>>! The U.S. Mint will release the 2008 Sacajewea on APRIL 28th.........just saw that on the US Mint website... Oops!.......sorry Shatsi !! didn't go to page two to see you already posted that!...  Edited by eaglefoot
04/08/2008 1:04 pm
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Pillar of the Community
United States
1228 Posts |
there are way less 2003-2008 sacs than 2000-2001 I seen somewere that there are around 3mil-6mil in total mintage of them each in 2003-2008 and not all banks carry them because they have to make orders of 500 in a bag or more and they know that people just dont use that many so they dont order them in alot of banks.and I dont know daviscfad if the 2009 sac american natives will be released into general cerculation or not. does anyone know that question ?
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New Member
United States
48 Posts |
The reason they could get away with minting few 2007 Sacagaweas is that Congress passed a bill authorizing the use of special reverses for the Sac coin. That bill also removed the requirement from the Presidential dollar bill that a proportional number of Sacs continued to be created (thankfully). This same bill also resulted in the need for a bill authorizing the minting of the 2008 Sacs as the 2007 bill inadvertently removed the mint's authority to make regular 2007 Sacs. Confused yet? Welcome to the world of Congress' legislation of conflicting ambiguities. |
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Replies: 19 / Views: 2,639 |
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Posted 04/05/2008 10:18 pm
