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Gary Burke's Avatar
United States
3730 Posts
 Posted 02/21/2007  02:44 am Show Profile   Bookmark this topic Add Gary Burke to your friends list Get a Link to this Message Number of Subscribers
As of tomorrow, the Presidential dollars will have been made public for one week.

I've waited for many months, with great anticipation, to get my hands on the coins, give some away, and buy an album to start a new collection.

Personally, I have mixed feelings. I think the obverse is satisfactory, and the reverse is stunning. Until the color starts to change, I like the golden hue. On the down side, I have had some vision problems in recent years, though my eyesight is 20/30 with lenses. However, my goodness, it's hard for me to read that edge lettering, and I have to say I sure don't care for it. If it was a big coin, such as a Morgan dollar, I'm sure the edge lettering would be much easier to read. So, I feel there have been some good things about the new dollars, and other features not so good.

On a grading scale of A to F, I would give the new coin a B-. If using a 1 to 10 scale, I would rate it a 7.

So, those are some of my ideas. I am encouraged by the excitement I have seen on the part of people who are not now coin collectors, as well as some veteran numismatists. Much of the excitement I'm sure is based on the fact this is a brand new coin. Will the enthusiasm continue? It will be interesting to see.

I would really be interested to see how other CCF members feel about the coins. I hope members will post their thoughts, give a letter grade or a number rating, or just your opinions.

Edited by Gary Burke
02/23/2007 4:23 pm
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 02/21/2007  02:58 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
I have to say that I have been emphatically against this new endeavor from the beginning. We have presidents on all of our coins now. I see no reason to perpetuate this design at all. I'm not even going to discuss the parallel First Lady series.

I am glad that there are those who will get enjoyment out of these coins, but I'm not going to be one of them.
Member
United States
703 Posts
 Posted 02/21/2007  03:05 am  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
Maybe this is wishful thinking...but with all the presidents on the dollars, maybe we can free up say the cent, nickel, quarter, and half with NEW designs of non presidents with the thinking that the presidents will be represented on the dollars.
Valued Member
SE's Avatar
United States
256 Posts
 Posted 02/21/2007  04:58 am  Show Profile   Bookmark this reply Add SE to your friends list Get a Link to this Reply
Can't really give an opinion until I actually see one which will probably be in March when the next coin show rolls around.
Valued Member
United States
393 Posts
 Posted 02/21/2007  06:20 am  Show Profile   Bookmark this reply Add tnwalker10 to your friends list Get a Link to this Reply
I was really disappointed with the edge lettering. I thought it would be easier to read. My eyes are not great and it's a challenge to find the date and mint mark. Unlike other coins, you don't know exactly where to look. I hope it don't tarnish like the SBA. They're suppose to have a protective coating to prevent tarnishing? Won't that wear off? Maybe they didn't intend for them to circulate enough wear the finish off.
Pillar of the Community
United States
2600 Posts
 Posted 02/21/2007  08:39 am  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
Looks like Sacagawea on steroids to me. America does not want a dollar coin. In fact, the trend towards using a debit/credit card for small purchases will exacerbate this trend. We throw cents and even nickels on the ground and do not pick them up and the dollar coin will not take. Anyone besides me see a trend here. Looks like dimes, quarters and currency to me. With my eyes, I can see me handing out dollars thinking they are a quarter, especially after they fade. Sure hope the person at the register is honest. Sorry, guys, mayhaps I am just having a bad day. Jim aka, Grumpy
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Tpatna's Avatar
United States
1626 Posts
 Posted 02/21/2007  09:43 am  Show Profile   Bookmark this reply Add Tpatna to your friends list Get a Link to this Reply
Well I am going to collect them only because I don't want to look back in 20 years and see that one certain year is worth big bucks and I missed it....I stopped collecting when I got married and had kids and started back up about a year ago. In that span of 20 years, I see so many things I wish I bought then, now they are worth triple and up to 10 times as much. I think in 2016 a full set of MS and Proof coins will bring a nice premium. Look at the 2001 S (Proof) Sac... I signed up for two proof set subscription from the mint and I will buy 2 rolls every time a new series comes out and just stick them in the safe and forget about them. I have to agree with Gary, I have a real hard time seeing the writing on the side of the coins and I have 20/20 vision. I like them, but I wish they were bigger or even shaped different or something to make them more noticeable.

Tim
Pillar of the Community
United States
751 Posts
 Posted 02/21/2007  09:47 am  Show Profile   Bookmark this reply Add texasmick to your friends list Get a Link to this Reply
As I said yesterday, I don't mind the mottoes on the edge. I can even accept that Liberty is superfluous with the Statue of Liberty on the reverse. But I strongly disfavor the date and mintmarks on the edge.

My recommendation would be to return the date and mm to the obverse and use their space on the edge to include "liberty." I'm sure that'll never happen, though.

I must be in the minority, but I really like seeing the Presidents on a new dollar coin. I like seeing Presidents we haven't seen much of. I like having new obverses several times a year.

Furthermore, I bristle at the disrespect shown by some members towards our historical leaders. I doubt the majority of them know much about the sacrifices and accomplishments of each one and wish all Americans would make more of an effort to appreciate how what he have today derives from the insight and hard work of those who preceded us.

quote:
Maybe this is wishful thinking...but with all the presidents on the dollars, maybe we can free up say the cent, nickel, quarter, and half with NEW designs of non presidents with the thinking that the presidents will be represented on the dollars.


I wonder if it was an oversight, but IMO you omitted the coin in most desperate need of redesign.

If the dollar coin were to be embraced, I agree that it would free the dime and quarter to return to a classical embrace of Lady Liberty. The cent, nickel, and half will eventually be relegated to mint and proof sets.
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dsking's Avatar
United States
2365 Posts
 Posted 02/21/2007  10:00 am  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
I have yet to see the Presidential dollars in-hand so I really can't comment on them yet...perhaps this weekend I'll check with my dealer.

I agree with you Texasmick on the disrespect for our former Presidents. I'm hoping that it's not disrespect based upon the Office but, the fact that our coinage is inundated with Presidents! It could be worse or better depending upon ones area but, we could have QEII on every single coin or Lincoln, etc. as the case may be.

I'm also an Historian and researcher and am hoping that the Presidential dollars create some activity in our youth and perhaps even the not so youthful to research the life and times of each President as the coins are released (such as the State Quarters have done).
Edited by dsking
02/21/2007 10:02 am
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TheForce's Avatar
United States
4867 Posts
 Posted 02/21/2007  12:27 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I'm going to agree with Susan on this. And I have not had one of these in hand yet either.
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Ralph's Avatar
United States
1582 Posts
 Posted 02/21/2007  12:42 pm  Show Profile   Bookmark this reply Add Ralph to your friends list Get a Link to this Reply
My dollar collection begins with the Morgan dollars right on up through the Sacagawea dollars, so, it goes without saying,I will begin a set of the Presidential dollars. More, I suppose, to keep my dollar collection up to date than anything else.
I doubt many of us will ever see a noticable increase in value in our lifetimes, but who can say what value they may hold for future generations. Other than a few errors that become desirable as collector items, I don't see them as becoming something "hot". There will be just too many of them in circulation, and, unless the mint discontinues minting them for circulation as they did for the Sacagawea dollars, there will be more than enough to go around.
As has been pointed out, maybe the best thing about them is that they may become a springboard for new collectors, as well as some older ones, to delve into the history of our country, it's leaders, and the history of coin mintage in this country. This country's history is a fascinating one, and well worth the time it takes to become familar with it.

Ralph
Valued Member
Tbar's Avatar
United States
191 Posts
 Posted 02/21/2007  1:10 pm  Show Profile   Bookmark this reply Add Tbar to your friends list Get a Link to this Reply
With a growing collector base thirsting for material to collect...its a shame the mint has chosen these un-original game tokens to fill that demand.

If they released them in silver proof I would be happy.
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Ralph's Avatar
United States
1582 Posts
 Posted 02/21/2007  2:06 pm  Show Profile   Bookmark this reply Add Ralph to your friends list Get a Link to this Reply
One other thing that comes to mind in regards to the new dollar series - some of you have been into coin collecting for several years, and can recall when the Susan B. Anthony dollar first came out. Was it accepted as a beautiful new one dollar coin, or did it receive the same type of bashing this new dollar series is receiving?
How about the Sacagawea dollar? What was the general concensus on it back when it first hit the scene? Did it receive praise among collectors, or was it just one more new thing the government invented to seperate you from your money?
I've heard the new dollars described as looking like anything from transportation tokens to foil wrapped chocolate candy. Does this happen with every new series/change of design that comes along? Or is it just specific to this one coin? Please satisfy my curiousity. Thanks.

Ralph
Valued Member
giorgio11's Avatar
United States
406 Posts
 Posted 02/21/2007  2:19 pm  Show Profile   Bookmark this reply Add giorgio11 to your friends list Get a Link to this Reply
Quote: "Furthermore, I bristle at the disrespect shown by some members towards our historical leaders."

George Washington rejected the original idea of picturing U.S. presidents on coins as "monarchical," (can you say King George III?) which is why for more than 100 years our national coinage featured "symbols emblematic of liberty." This was a big compromise for a Congress that adored Washington and the other Founding Fathers. Of course, the concept was thrown in a cocked hat first by the Lincoln Cent in 1909, and then Washington specifically on the 1932 Washington quarter. Now we have had too many dead presidents on our coins to count. So much for respect of our Founding Fathers' wishes. Putting (the Statue of) Liberty on one side and Washington on the other side to me makes it doubly ironic.

If the Mint had any numismatists worth their salt, they would have advised not to put the date and mintmark on the edge. Collectors (esp. older ones or those with poor vision, not mutually inclusive) like to be able to see the distinguishing marks easily to put them in their little (or big) complete sets, albums, envelopes, coin boards, plastic holders and whatnot. I do approve of the CONCEPT of celebrating our presidents to schoolchildren and others who don't know who their current Senator or U.S. Rep is and couldn't name 10 presidents if a new Xbox was riding on it. And, for the record, this is the SEVENTH TIME that a new (major) design for a circulating dollar has been floated around: Gold dollars (1854-1889), silver dollars (1794-1935) (I just counted the Morgan and Peace designs; the Trade dollar was not intended for domestic commerce), Ike dollars (1971-78), Susan B's (1979-1999), Sacagaweas (2000- ), and now Presidential dollars. Each time, the plan was defeated by the existence of circulating paper money (overly simplistic, but not inaccurate). Wanna bet how many you'll see of these in actual circulation?
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TheForce's Avatar
United States
4867 Posts
 Posted 02/21/2007  2:19 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I like the idea of dollar coins, however they are not popular with the public. I'm tired of old presidents on coins. I'd rather see more liberties and other american things on them. I feel the sackie will perform well being in the shadows of the presidential series.
New Member
drycreek's Avatar
United States
37 Posts
 Posted 02/21/2007  2:48 pm  Show Profile   Bookmark this reply Add drycreek to your friends list Get a Link to this Reply
I wish the coins looked more like the pictures of them on the mint page. There you could really see the edge lettering and the details of the obverse and reverse. But alas when they are on real coins it looks much different, somehow more amateurish. Having said that I will still be putting together folders for the grand kids and doing my part in sharing several rolls per year in the general circulation. I still love the look on peoples faces when I use one for buying something. It usually causes some kind of conversation about the coins and whether or not they use them in everyday use. But overall I would give them a B grade, maybe someone new will start collecting!
Edited by drycreek
02/21/2007 2:49 pm
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