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 Replies: 9 / Views: 1,401 |
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Pillar of the Community
United States
1020 Posts |
my bank had 2 OBW rolls of John Adams dollars, are they worth holding on to or even buying. I always see the rolls selling for over $35, but I don't sell on ebay. |
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Pillar of the Community
United States
1302 Posts |
two ways to look at it. Presidential dollars are a flop and collectors hate it. They were also over produced in their first year of mintage. The metal composition tarnishes erratically and often unpleasantly. Spending them puts them in circulation- and hopefully they get passed around a little before going back to the bank to be shipped back to the government. This would be the argument against saving. The argument for saving. Errors and varieties. If nobody likes them now- they may not survive in BU in large quantities- making them harder to come by in several years. The mint sets are SF and not business strikes- therefore there won't be a couple million mint sets out there to clutter the field when you decide to sell later on. |
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Pillar of the Community
United States
1213 Posts |
Yeah, I put a roll of each president away "just in case." I figure that, worst case, I can spend them for face value.
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Valued Member
United States
393 Posts |
I get one roll of each when they come out. I'm hoping congress will eliminate the bill so the coins will go into circulation.
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Moderator
 United States
187702 Posts |
Quote:my bank had 2 OBW rolls of John Adams dollars, are they worth holding on to or even buying. I always see the rolls selling for over $35, but I don't sell on ebay. Personally, I have no use for a full roll, but you should probably get them since they are only face value. The worst case is you spend them with no loss. Quote:
Presidential Dollars are a flop and collectors hate it. Hate is such a strong word. How about 'disinterested" instead?  My biggest problem is having the date and mint mark being on the edge. The date I can forgive, because each unique obverse can be identified with a particular year. However, the mint mark is a big problem for album collectors like me. I have spent the last five years wondering if I should build a date/mint set or a date only. I have an issue with not being able to see what mint I have while the coin is in the album. |
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Pillar of the Community
United States
7840 Posts |
I will be adding ONE Presidential dollar (which president is unknown at this time, there has not been one that I really cared for...yet  ) to my 7070. Spend the rest! Edited by oih82w8
11/01/2011 2:32 pm
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Valued Member
United States
297 Posts |
I have a circulated collection of the Presidential dollars going, but they do not interest me at all. Maybe I will be sorry some day, but I have no desire to store vast quantities of them just in case they turn out to be worth a something. I also agree with jbuck; I can't stand the fact that the mint marks are on the edge of the coins. I consider my eyesight decent, but when I have to pull out a magnifying glass just to determine if that is a P or a D stamped on a coin that has only been passed around for one year, I get turned off pretty quickly. |
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Pillar of the Community
United States
1302 Posts |
I picked up about $200 in small dollar coins today at the bank- ostensibly just to spend them. I hadn't seen the obverse revision with the added In God We Trust. These are ugly coins... and the biggest epic fail in coin design in US History. Even the freightening early coinage looked coherent. I never liked the metal, but at least the Sacs are attractive, classy coins- fitting for our national image. These coin of the month Presidential dollars look like they came from the Franklin Mint. Seriously, are these things Honey Combs give aways or the most significant circulating coin denomination produced by the US mint. that being said, I love two of the past three reverses of the "Native American" dollar series. |
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Bedrock of the Community
United States
17884 Posts |
Quote:These coin of the month Presidential dollars look like they came from the Franklin Mint. Nah, the stuff that used to come from the Franklin Mint was much better done and was more artistic. If you get a chance to look at any of the old art ingot sets the Franklin Mint used to put out you'll find they are exceptionally well done. |
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Valued Member
United States
406 Posts |
Ugh, those Presidential dollars are the ugliest things to come out of the US mint ever, at least for circulating coinage. The Lincoln one isn't too bad, I guess, but the others... oy vey. The reverse looks to me like a Chuck E. Cheese token. I was going through a junk drawer in my house the other day to clean it out, found a few CEC tokens and for a minute thought I'd found a few bucks  |
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Replies: 9 / Views: 1,401 |
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Posted 10/31/2011 10:43 pm
