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

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Valued Member
United States
109 Posts
 Posted 03/17/2021  4:10 pm Show Profile   Bookmark this topic Add PPorro to your friends list Get a Link to this Message
I wanted to continue the discussion because after dumping all my SBA, Sacagawea (except one) and Presidents, I thought it might be fun to start collecting Presidents. I'm not so sure about the ladies? Nothing personal, just Presidents and what's new and innovative.

From Circulation

First bank run. A man with a mask walks in and says, "how many $1 coins do you have, I want them." Lady says $8 worth. (this is typical, not much to get excited about)

Next bank, I went to the teller and asked, the same, Oh some... So I said, what if I order a box or a bag, can you get them?

Off to the officer, long conversation in the back room. Finally she comes back and says, we don't know if we can get them and if we can, we don't know how much they would be.

I'm somewhat deflated. I'm going to have to go from bank to bank and beg each teller, and if they are in a nice mood, can they ask the others.

Then the nice lady says, But we have some rolls? What? You have rolls? Yes we have a bunch of rolls, from the coin counting machine.

"How many" oh the bags are $500 each and the rolls we made already are $25 each. Wait, "how many coins do you have?" At this point she floors me with a number like $1,400 worth.

End of discussion, I bought $200 in rolls. And next visit I'm getting a bag full.

SBA
1979(8P)(17D)
1980(1P)
1981(
1999(2P)(1D)

Sacagawea
2000(31)
2009 - 2017 (8)
Valued Member
United States
109 Posts
 Posted 03/17/2021  4:15 pm  Show Profile   Bookmark this reply Add PPorro to your friends list Get a Link to this Reply
Part Duex:

George Washington (9)
John Adams (11)
Thomas Jefferson (8)
James Madison (5)
James Monroe (3)
John Quincy Adams (8)
Andrew Jackson (6)
Martin Van Buren (5)
William Henry Harrison (5)
John Tyler (1)
James K. Polk (3)
Zachary Taylor (3)
Millard Fillmore (6)
Franklin Pierce (6)
James Buchanan (10)
Abraham Lincoln (10)
Andrew Johnson (7)
Ulysses S. Grant (8)
Rutherford B. Hayes (6)
James Garfield (11)
------Not Issued into circulation after this----- ?
Chester A. Arthur (2)
Grover Cleveland (
Benjamin Harrison (
William McKinley (
Theodore Roosevelt (
William Howard Taft (
Woodrow Wilson (1)
Warren G. Harding (
Calvin Coolidge (
Herbert Hoover (
Franklin D. Roosevelt (
Harry S. Truman (
Dwight D. Eisenhower (
John F. Kennedy (
Lyndon B. Johnson (
Richard M. Nixon (
Gerald Ford (
Ronald Reagan (1)
George H.W. Bush (

R Reagan in the first 200 coins?
2 Chester Arthur dollars? Did they release these, before the end to distribution or did I just get lucky? Someone spent their W. Wilson.

This is fun. I'm going for a bag tomorrow.



Anyone else doing this kind of searching?
Edited by PPorro
03/17/2021 4:19 pm
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 Posted 03/17/2021  4:35 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Nice finds!


Quote:
Anyone else doing this kind of searching?
Not me.
Pillar of the Community
United States
7055 Posts
 Posted 03/17/2021  4:36 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
The hunt is always what makes the hobby fun!
Here you go - make a visit and get all you could ever want...no one else wants them according to the title of the article!

https://www.npr.org/2011/06/28/1373...nobody-wants
The slabbed Half dollar No G farce: Download No-FG half vs. Grading Company Claims report here:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

- How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Valued Member
United States
109 Posts
 Posted 03/17/2021  5:26 pm  Show Profile   Bookmark this reply Add PPorro to your friends list Get a Link to this Reply
Interesting article, and 2011, so who knows how many there are now.

Personally, and this has nothing to do with the politics or having a little fun, we should drop the paper dollar and switch to the coin. People are of course resistant to change, and as long as they can choose, they will stick with the old way.

What idiot, the first time around, decided that we should have a dollar coin that's so close to a quarter in size and color, that people can't easily differentiate the two. Designed to fail? At least the new ones stand out, but too late, the general population was burned and offended and no one wants the dollar coin.

Lady at the bank said, with the coin shortage (there's a coin shortage?) people are turning in their dollar coins that they saved. Hey, nice for me.

Years ago I asked to buy bags of half-dollars from a different bank, right from the coin counter. Hey unsearched, that I know is honestly, unsearched. Oh we can't do that, against bank policy.

Maybe the feds are tired of taking back dollar coins and paying to warehouse them. So they have asked the banks to keep them?

Pretty nice, 8 rolls and I have a complete starter set of the first 20 issues. Some look like fresh from the mint, maybe people did like my Brother and bought a roll of every one as they were issued. Some look really shiny, maybe from mint sets? Different colors. Or they are those trashed plated "collectors" coins.

One more month of fun, then Spring = back to work.

Have fun and Cheerio
Edited by PPorro
03/17/2021 5:29 pm
Valued Member
United States
357 Posts
 Posted 03/17/2021  5:41 pm  Show Profile   Bookmark this reply Add PNWType to your friends list Get a Link to this Reply
Exciting finds! That Reagan is a neat surprise, how quickly it got put into circulation! I've often thought about collecting the presidents, though some of the portraits creep me out a little (like the Reagan is a little toothy)
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 Posted 03/17/2021  5:55 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
That Reagan is a neat surprise, how quickly it got put into circulation!
Quick? It has been over four years now.
Valued Member
United States
439 Posts
 Posted 03/17/2021  8:52 pm  Show Profile   Bookmark this reply Add crazyforATB to your friends list Get a Link to this Reply
I am still looking for the back half (uncirculated) of the president series in circulation. ive only found warren g harding so far
Pillar of the Community
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984 Posts
 Posted 03/17/2021  9:47 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
Congratulations PPorro, it appears to me you made a $3 profit!
Of course, I used the "old" math I learned in the 1960's to add up your results, so I'm probably wrong. The old way of adding things was evidently 'no good' anymore, because they had to create a new method (CORE) for kids now-a-days.

Anyways, I'm glad you got a nice mix of 'goldies'. The next time when I go to my bank I'll have to see if they ever have any dollar coins. I've never really asked for any (because all my sets are complete), but I'd still like to know.

Valued Member
United States
109 Posts
 Posted 03/18/2021  08:29 am  Show Profile   Bookmark this reply Add PPorro to your friends list Get a Link to this Reply
Mostly "I'm having fun". And there's no profit until someone sells something, so the reality of this is, after I buy a folder and put 24 coins in it, I'm already down about $30?

I had a partially filled folder I got at an auction, under face value. I sold it on eBay. But there's no real demand or interest.

Mostly what started me now was the fun of finding out how many are being turned in, from the designs that were never released into general circulation.

RR looks like he was a good luck coin in someones pocket?



I'm confused. Just looked at the mint numbers and they are making over 3 million new Golden Dollars a year? Why? Following that NPR article (link above) from 2011, the storage and over production was already a problem.

Is there some mandate for how many must be produced a year for some odd reason? Oops, answering my own question: The mint would be required to make a quota of Sacagawea coins. Currently, the law says 20 percent of dollar coins made must have Sacagawea on them.

The spelling is driving me nuts. Some places have it one way others are correct. Sacagawea I was wrong as well until now.

American Innovation, around 600K a year recent business strikes.

Waiting to find one.

Edited by PPorro
03/18/2021 10:01 am
Pillar of the Community
United States
1409 Posts
 Posted 03/18/2021  10:55 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
Sac dollars are made each year for the mint sets and proof sets and rolls yada yada. the legislation was that they were for circulation. president dollars were the same thing but the series ended.
they could stop making them for distribution to banks but they still needed to mint them for rolls and mint/proof set sales.

In fact, the innovation dollars bill wouldn't have passed if it were written as needing to circulate and mandatory production. instead it was written as "issuance of numismatic coins" this is why they won't turn up at banks or in the annual mint and proof sets unless someone buys them from the mint and then turns them loose to circulation.

do this kind of searching when I have the extra money, mostly I take whatever the bank tellers have, occasionally I'd go tot the train station, buy the cheapest ticket wit a $20 and take the dollar coins change also and leave the cheap ticket for whoever wants a free ride on the machine, any port in a storm!

I got a folder for the Presidential dollars from Hobby Lobby they used to have a 40% off one item coupon on the website, that folder can't take the weight of them though but it was cheap and covered P+D I collect them from face value from banks and such also. but dumping dollar coins is a problem so I'm doing it small scale, like $50 at a time tops.


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 Posted 03/18/2021  12:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
The old way of adding things was evidently 'no good' anymore, because they had to create a new method (CORE) for kids now-a-days.
The new math is actually quite old. It started in the late 1950s, but lost traction in the early 1960s. I feel fortunate that my elementary school still taught it (in the 1970s). I credit it for my ability to take honours and AP math classes in junior high and senior high school. It also means I have no problem helping my son with his math homework today.

Knowing the differences, I can see how it is a problem when you learned the old way. Learning the new way from go has to be why it was easier for me to understand.
Valued Member
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 Posted 03/18/2021  3:09 pm  Show Profile   Bookmark this reply Add PPorro to your friends list Get a Link to this Reply
If the USPS didn't change their machines, I used to buy the smallest stamp offering and the change came back in all coins. I can always use stamps, no waste.

Many many SBAs

Thanks for the Hobby Lobby tip, I might go there for the folder.
Edited by PPorro
03/18/2021 3:10 pm
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 Posted 03/18/2021  3:23 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
If the USPS didn't change their machines, I used to buy the smallest stamp offering and the change came back in all coins. I can always use stamps, no waste.


The post office is where I obtained my earliest 1999 SBA and Sacagawea dollars. They replaced it with a cashless machine in what now seems like forever ago.
Bedrock of the Community
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 Posted 03/18/2021  5:11 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I never knew anyone that collected those things. Nice going though.
just carl
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 Posted 03/18/2021  7:32 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I'm confused. Just looked at the mint numbers and they are making over 3 million new Golden Dollars a year? Why?

Mint sets, and the mint sells them in rolls and bags as well Add up the coins sold in those and you get the 3 million or so coins they make each year. Same thing happens with the Kennedy halves, but since there is only the one design the mintage on those is around 1.8 million of each mintmark.
Gary Schmidt
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