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Pillar of the Community
United States
1807 Posts |
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Really? So it's like a car then? It's better to part it out than to sell it whole sometimes. Or try building a car from parts, very expensive. |
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Pillar of the Community
United States
959 Posts |
I've been collecting the $1 coins, but they have always reminded me of something you would get at Chuck E Cheese. There just isn't any detail in them like other denominations. I don't care for the gold color, and especially don't like the edge lettering; makes them look even cheaper. The only time I have received one in change since 2000, was a bank. I got $17 in halves and $3 Presidential dollars for a $20 bill. These coins will never fly until the dollar bill is taken out of circulation. |
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Pillar of the Community
United States
1882 Posts |
Quote:
Or try building a car from parts, very expensive. You just said in 9 words in what I said in...well...I won't count em. |
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Pillar of the Community
United States
6326 Posts |
I too have been "collecting" them. I guess just for the fun of it and for a nephew maybe or girlfriends daughter. I have been getting a roll from the bank every time a new President comes out. I get some "singles" too, so that I can keep two folders and one album up to date. But, I also get the Presidential Dollar Proof Set each year from the U.S. Mint. With this I intend to "crack" the Set and put these into my album at some future point. This way, at least, I'll have a completed album of "Proof" quality coins to maximize any collector value in the future. This would be more valuable (though beit small to begin with) than the "bag marked" rolls that are easiest and the less costly way to get them. They're just going to be scratched up with contact marks any other way than getting "Proof" coins. But those albums will suffice for kids wonderfully.....so those that I put together will be just for fun. This Presidential Proof Set is included with each Silver Proof Set each year, but I didn't want to seperate it from that Set, so I also order the Presidential Proof Set separately from the Silver Proof Set. To each his own on that idea if you want to make a "Proof" Presidential dollar Album versus one culled from rolls at a bank or two roll sets which will have the dreaded/rough handled "bag marks". Edited by eaglefoot
01/31/2009 11:56 am
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Pillar of the Community
Canada
636 Posts |
I live in Toronto, but I collect them, both mints, just like I collected the State Quarters, both mints. The State Quarter collection started during all my travels down there for business trips back in 1999 to 2005. I kept them all and finally decided to organize them all. I kept the best, took the rest to a coin dealer and made some deals for the ones I was missing. The presidential's I'm buying from a dealer for 2 bucks Canadian a piece,so they are cheap enough. Who cares if they don't go up in value,I just enjoy looking at them, and investigating online why some of Presidents on them were only in power less than a 4 year term. |
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Pillar of the Community
United States
1228 Posts |
I had no choice in collecting them because they came with the 2007 u.s.mint silver proof set that I needed so I will probably continue with them as long as they come with the silver sets in the future,but I think they made the silver set in 2007 and on go up in price to like $38 a set when they were only $32 a set prior to 2007
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Moderator
 United States
189219 Posts |
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Keep in mind that a set of coins is (generally) not worth more than the sum of its parts. I generally agree with this; however, I will offer a counter-point for consideration. This usually happens because of the key dates in the set. Coin dealers often buy a complete set knowing they can quickly sell the keys; therefore, they pay accordingly for the set and often give little (or any) value to the common dates. There probably won't be any key dates in the Presidential dollar series; only time will tell. While there might not be a premium for a complete set, I do not think its value would be any less than the sum of the parts. Which, for anything but proofs, is probably face value. This theory may or may not hold up for proof coins, which can be fickle when it comes to resale value. |
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Valued Member
United States
114 Posts |
I have picked up a roll of each the pres. dollars at the bank as they come out.I have not opened any of them. Would it change the value of the roll if I opened them, especially the years that had known errors? JC
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Pillar of the Community
United States
632 Posts |
See, what I find odd is, that I hear people talking about how they never receive Presidential dollars in circulation? I live in Bossier City Louisiana. Never heard of it? Its because its a boring old suburb of a crappy old city likes thosands of other cities in this country. Nothing special about it. And I will see about 6-7 Presidential dollars a week, not to mention about 2-3 sacs, and the occasional susan B. anthony. Granted, I manage at a fast food resteraunt so I see a lot more money exchanged than normal people, but people pay with them and we give them out in change if we have them. I would count that as a circulating piece even though not as much so as a quarter or a cent. Its the same arguement I bring up whenever people say that cents don't circulate. We have more cents than a federal reserve bank and we give just as much away in change. |
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Pillar of the Community
United States
3077 Posts |
Quote:
I have picked up a roll of each the pres. dollars at the bank as they come out.I have not opened any of them. Would it change the value of the roll if I opened them, especially the years that had known errors? JC i asked the same question when I first got here and w/ the info I recived I open mine find the best looking 2 (they all have some type of ding) and spend the rest , I dont have the extra capital to make a set of rolls and besides IF there is an error coin I would rather find it |
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Valued Member
United States
114 Posts |
Thanks Yotie, that's the dilemma I have been going over in my mind. a error coin would be worth much more than the rolls but then again the chances aren't great to find one. would that roll with potential error be worth more to someone in ten years? I'm heading or to a small coin show this morning to pick up roll of the Native American dollars because I haven't been able to find at a bank yet. It should be cheaper than getting from mint and paying shipping. JC Edited by jayceeg
02/01/2009 09:14 am
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Pillar of the Community
United States
3077 Posts |
dont pay over 2.50 a roll and has any body seen Prez Harrison yet?
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Pillar of the Community
United States
6326 Posts |
Believe me.....I DO struggle with the theory and extra cost of buying the Presidential Proof Sets so that I can crack them and make a "Proof Album" of these coins for my collection. But you know, with this new series, despite the varied opinions, I AT LEAST wanted ONE album of all proof coins so that when the series is finally done, I could have THE BEST highest examples of these coins in one album in my collection.....and that's really the best reason for getting the Proofs for me. To even break even someday on the overall cost of doing this, would probably be a miracle. Too many minted..... too many will exist in great condition in the future because they don't circulate enough.The only thing I cling to...... If they elimanate the paper dollar, ALL OF THESE Presidential dollars, Sacagawea'S, AND EVEN THE SUZY' B'S WILL BEGIN TO CIRCULATE LIKE CRAZY !Then, maybe, 30 years from now, my COMPLETED Presidential dollar Proof Set may have a premium that would make me happier. (I have no delusions of modest profits !....just somewhere beyond even money and in the black would be nice!) All the remaining Sets I put together with Pres. Dollars that AREN'T proof.....yeah.....just for fun and interest and kids....  Edited by eaglefoot
02/01/2009 10:10 am
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Valued Member
United States
314 Posts |
Elimist,
Don't you like living in Louisiana. I live in Ruston, LA during the school year and Baton Rouge during the summer. I can find the D mint mark here and the P mint mark there. How do you find both mint marks?
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Valued Member
United States
168 Posts |
just got my notification from the mint that my 09 proofs are being shipped. can't wait to see them and add them the my others.
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Replies: 22 / Views: 2,107 |
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Posted 01/31/2009 11:29 am
