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How Much Are Presidential Dollars At Your LSC?

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cheezyfryes's Avatar
United States
359 Posts
 Posted 03/14/2013  4:43 pm Show Profile   Bookmark this topic Add cheezyfryes to your friends list Get a Link to this Message Number of Subscribers
I keep going back & forth between ordering the Littleton Coin special of the first 24 Presidential dollars for $24 face value. My LCS has a hard time keeping these in stock, and he told me there are around 300 people on his "call me" list as soon as the new releases come in! I'm afraid demand is only going to go up and prices to follow. I heard of an LCS 80 miles away charging $6.95 each for these. Here locally they're roughly 2x face value.

Just curious, how much are you able to purchase the Presidential dollars for in your neck of the woods?
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baysinger626's Avatar
United States
950 Posts
 Posted 03/14/2013  4:52 pm  Show Profile   Bookmark this reply Add baysinger626 to your friends list Get a Link to this Reply
Littleton is the way to go!
I have never paid more than face for new coins. Save for my 2013 ASE, but even that was under spot!
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cheezyfryes's Avatar
United States
359 Posts
 Posted 03/14/2013  4:54 pm  Show Profile   Bookmark this reply Add cheezyfryes to your friends list Get a Link to this Reply
Yeah, that's my debacle... Do I just wait a year or two when they sell the "Get the first 28 (or 32, or 36) Presidential dollars at Face Value" special? Or do I pull the trigger now and risk having to buy the rest at some highly inflated prices as more and more collectors hop into hoarding these coins?
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stud722's Avatar
United States
1088 Posts
 Posted 03/14/2013  4:57 pm  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
At the LCS, they are about 1.5 times face. I think he charges $1.55 or so. I do not collect these but if I did, I think I would get them at my LCS because I could look at them first.
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baysinger626's Avatar
United States
950 Posts
 Posted 03/14/2013  4:59 pm  Show Profile   Bookmark this reply Add baysinger626 to your friends list Get a Link to this Reply
I would wait. Even if they dont have that special again, (im sure they will) eventually they will be old news and you will see them for less than you would pay now. There will always be a deal somewhere.
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baysinger626's Avatar
United States
950 Posts
 Posted 03/14/2013  5:02 pm  Show Profile   Bookmark this reply Add baysinger626 to your friends list Get a Link to this Reply
Unless you are really concerned with quality.. the Littleton ones arent always great. Like stud772 said, you can look at them first locally, but you will pay more for them.
Since pres dollars will never be worth a truck load of money, I'm fine with whatever Littleton sends me.

I forgot to add...
Littleton is GREAT at making you happy if there is a problem with your order. My last order had 2 of one coin and was missing another so for some reason they sent me a new one of each of those two for free.
I wasnt complaining.
Edited by baysinger626
03/14/2013 5:04 pm
Valued Member
cheezyfryes's Avatar
United States
359 Posts
 Posted 03/14/2013  7:09 pm  Show Profile   Bookmark this reply Add cheezyfryes to your friends list Get a Link to this Reply
I pulled the trigger... worst case, I have these at face value and can always resell them for at least that much.
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TJB17's Avatar
United States
492 Posts
 Posted 03/14/2013  9:30 pm  Show Profile   Bookmark this reply Add TJB17 to your friends list Get a Link to this Reply
There's a shoppe (their spelling, not mine) near me that is more of a "we buy gold for cash" place, but they occasionally sell numismatic coins. They have a bin filled with presidentials, sacagaweas and susan b's that they sell for $1.50 apiece. The last time I was there the guy behind the counter told me to buy what I needed because he was going to take them to the bank to get rid of them. I stacked a bunch of 2002-2008 sacs, as well as all the proof sacs, presidents and susie's he had, then the cash in my wallet dried up. Despite being in a bin like that, the proofs were in surprisingly good shape. And while they didn't have every president, not by a long shot, most of those were in real good shape as well.

All that being said, you can't beat face value from Littleton. The only problem is you don't know what mint you're going to get from them for each president. Most are Philly, but you do get some Denver from them also. Don't forget to opt out of their coins on approval program.
Edited by TJB17
03/14/2013 9:31 pm
Pillar of the Community
United States
5205 Posts
 Posted 03/15/2013  10:26 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
I haven't been in a LCS in over 12 years partly due to getting out of collecting for a while and having to work 6 days a week 9 hours a day.

When I do have a Saturday off I end up having to run to 4 banks between 9 and noon to pick up boxes of halves and dumping at the others.

I have been to at the last 3 coin shows in the last 6 months (which were held on a Sunday the one day I get off ) where most dealers were asking between $3-$4 for any year SAc /President dollars including the ones that were relaesed for circulation.

I did pick up a NIFC Sac dollar I needed for $1.25 from a dealer who was selling some coins on consignment for someone and the cosignee had set the prices. I also picked up a few silver coins from the same cosignee for under melt.

I guess the cosignee must have been a collector looking to move some stuff vs. adelaerr looking to make a killing.






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wilhelm41's Avatar
Germany
138 Posts
 Posted 03/16/2013  7:56 pm  Show Profile   Bookmark this reply Add wilhelm41 to your friends list Get a Link to this Reply
Ah, still trying to get cheap things from Littleton I see

I haven't done this yet myself, so perhaps it's not true. But from my understanding people have purchased multiple promo offers from Littleton over time. Why not get the Presidential dollar deal now, and then try again at a later date? You could get the same presidents but from different mints this way.
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