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US Small Dollar $1 Coins SBA , Sacagawea, Presidents & American Innovation

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Bedrock of the Community
United States
17836 Posts
 Posted 02/10/2022  1:54 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
Eliminating the cent would allow the mint to turn of about an extra $62 million, eliminating the five cent would add another $38 million to that, so $100 million total. Seigniorage profit in 2020 was $550 million, without the cent on five cent it would have been $650 million, an 18% increase.
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United States
123 Posts
 Posted 02/11/2022  3:16 pm  Show Profile   Bookmark this reply Add PPorro to your friends list
Eliminate the cent and eliminate the paper $1 bill.

A $1 coin could stay in circulation for 30 years while paper bills have to be replaced every four or five years on average. (many sources now say 5.9 years)

Nickels last a long time and if they aren't that necessary, or people don't use them as much, as some of the claims are made, then they won't wear out as fast.

I still find 1938 nickels in circulation in very good condition. Why are we making 1.5 billion nickels a year if they aren't being used?

Where do they go? And that's 80 years!

The argument about the trays in the cash register is something that happened by choice, you can order trays with more or less. But just to be fair. Eliminate the cents and now there are enough slots in the tray for 5c to $1. Problem solved.

Slim pickings yesterday. One upgrade to s better condition (does anyone care?) for one President and another JFK. Most of the fun is getting down to finding coins that were plated or only sold through the mint, but somehow made it into circulation.

If my actual goal was a complete set, it looks now like I can get any of them for under $5 delivered, many going for under $4 on ebay. But I'm having fun? The old fashion way. Collecting from circulation. (kind of)

Less and less of the Native American series are showing up in the rolls. 1 in 100 so far. 8 SBA per hundred.
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United States
164457 Posts
 Posted 02/11/2022  4:18 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Eliminate the cent and eliminate the paper $1 bill... The argument about the trays in the cash register is something that happened by choice, you can order trays with more or less. But just to be fair. Eliminate the cents and now there are enough slots in the tray for 5c to $1. Problem solved.
Pillar of the Community
United States
794 Posts
 Posted 02/13/2022  8:52 pm  Show Profile   Bookmark this reply Add JTCC to your friends list
Also look for 1979-P SBA wide rim! Good luck!
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72196 Posts
 Posted 02/18/2022  7:58 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list
Well, tomorrow, I'll be going to Walmart tomorrow to Spend $75.00 using my left over small dollar coins.

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584 Posts
 Posted 02/18/2022  8:11 pm  Show Profile   Bookmark this reply Add Raised on rock to your friends list
They will love you, every dollar counts.
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164457 Posts
 Posted 02/20/2022  3:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Well, tomorrow, I'll be going to Walmart tomorrow to Spend $75.00 using my left over small dollar coins.
Be sure to document it here...

http://goccf.com/t/247505
Valued Member
United States
154 Posts
 Posted 02/20/2022  9:32 pm  Show Profile   Bookmark this reply Add coinnewcomer1 to your friends list
The best dollar coin I have found was a missing edge lettering 2019 Sac dollar. After that a few non-circulating Sacs. Before the pandemic hit I would find at the train station the current NIFC Sacs - 2019 and 2020 and now nada.
I also encountered a few worn AI dollars - 2019 ones.

I collect AI dollar coins. Get them from the mint and then search a few rolls for nice ones. The rest I put into circulation. Most times people are OK with it although they may give it a lookover once or twice. Only once did a woman say this is not money. I told it is and walked out with my merchandise. The AI dollars may be primarily for numismatics but it is legal tender (just as any proof coin is).

Congrats on your progress so far. Not sure I would have the tenacity to go through %500 of dollar coins - maybe $200 but that is my limit.

And if you decide to collect business strike AI Ia do have some saved from my roll searched from bothP and D mints from 2019 and 2020, after that it is either from P or D mint.

I will be getting the Rhode Island AI 2022 dollar coin rolls in a week or two from the Mint. If interested in them let me know.
Valued Member
United States
123 Posts
 Posted 02/21/2022  1:25 pm  Show Profile   Bookmark this reply Add PPorro to your friends list
Done for now and it's Presidents Day so I can't go to the bank? Another worn Taft which is unusual so far for the 2012 and after coins. I always get a laugh when I think that someone paid extra for any of those and somehow they got spent? My missing coins are at 5 right now. Cleveland second term (which I forgot to look for) McKinley, Harding, Nixon and HW Bush.

I'll be recycling these at the bank that's roughly 12 miles. Just enough that I hope they don't come back to my bank?

Here's how I sort, so I don't have to spend a lot of time looking at each detail. I open four rolls, then start by holding them on edge. All the SBA are pushed aside. I stopped looking for the standard and narrow. Then I look for no edge printing, that's almost easy. Problem is, worn Presidents can look blank, even under bright light. But mostly I have a pile of SAC, and the rest are Presidents.

I go through the Sac and look at the feathers on the Eagle. That goes pretty fast. Into the bag.

Then I just flip the Presidents and drop those into the recycling bag, as I have pretty much mint example of each of them by now. I do pick out the really clean and shiny ones, and anything from 2012 on gets put aside.

Personally adding the mint mark and the date to the edge was a dumb idea. Others may feel otherwise. If someone actually cared, it's just one of those features that's going to be wiped out with even low circulation.

I do look for blank edges, Washington and Adams.

I have a couple that are what looks like a proof, but it's not. They lack details. And if it was a weak strike, that would cover them, except these are extremely shiny. My guess is, someone plated these and sold them? Merrick Mint, which leads me to look forward to finding a Rutherium President some day.

I'm just mentioning this in case there's more to know about the gold plated Presidents? I put one in my book and as the others age and get a patina, the gold one stays bright and a different color tone.

And last, every time I search I want to scream, because of the people who put "Rare" no date Sacagawea on Etsy for $60,000, what's with that. And on ebay, the also "rare" coins that aren't.

One last question as I don't see this on cherry picking or Presidential dollars with higher values. Is there really a Double Die John Adams? Or is there a machine doubled coin out there?


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United States
326 Posts
 Posted 04/26/2022  02:16 am  Show Profile   Bookmark this reply Add Boba Debt to your friends list
PPorro - What dollars do you need..........Please post and updated pic of your collection if you have the time
Valued Member
United States
123 Posts
 Posted 11/14/2024  10:17 am  Show Profile   Bookmark this reply Add PPorro to your friends list
It's been a while and I went through some more rolls last Winter. When the snow flies, I'll be headed to the bank again. Most of the time, the answer is, we don't have any. I don't know why one small bank, always has rolls in the vault. I buy them, sort for SBA and Sacagawea, then stack up the Presidents.

After whatever sorting and viewing and taking photos, I return them to a different bank, miles away, so I'll be less likely to see the same coins again.

Currently I am missing: McKinley, Harding, Nixon, HW Bush, GW Bush and Carter.

The idea is to collect from the bank rolls, but... I have extra of some that are not from the general release, which I could trade and keep my personal goal of collecting, not just buying? Collecting fun.


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164457 Posts
Pillar of the Community
United States
1952 Posts
 Posted 11/14/2024  4:23 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list

Quote:
Currently I am missing: McKinley, Harding, Nixon, HW Bush, GW Bush and Carter.
You're not going to find GW Bush or Carter for at least another two years. They're still alive (as are some others not on your list).
Edited by Alpha2814
11/14/2024 4:25 pm
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4381 Posts
 Posted 11/14/2024  7:00 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
There is no guarantee that they will mint coins for Carter or Bush.

The Presidential dollar series ended - per law - https://www.congress.gov/109/plaws/...9publ145.pdf with Ronald Raygun in 2016.

https://www.usmint.gov/learn/coins-...dollar-coins


Quote:
(E) LIMITATION IN SERIES TO DECEASED PRESIDENTS.—
No coin issued under this subsection may bear the image
of a living former or current President, or of any deceased
former President during the 2-year period following the
date of the death of that President.



Quote:
(8) TERMINATION OF PROGRAM.—The issuance of coins
under this subsection shall terminate when each President
has been so honored, subject to paragraph (2)(E), and may
not be resumed except by an Act of Congress.


The minting of the Bush coins required an additional law and it only covered GHWB.
-----Burton
50 year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, OnLine Coin Club
Owned by four cats and a wife of 40 years (joined 1983)
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164457 Posts
 Posted 11/17/2024  1:35 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
That is true.

However, they could/should pass the required legislation when it becomes necessary.
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