Taking "In God We Trust" Off Of The Edge Of The New Dollars

There talking about it but like other thing in our government it will take time

Yeah, they're talking about it.

Some folks feel it's too important to put on the side of the coin, out of the way and some feel the lettering is too hard too read and I guess others at the mint don't want to deal with the hassle anymore but who knows what is going to happen.

I kinda wonder if they don't manufacture a few of these errors, as well as controversies like this, to get attention for the small dollar.

Better they make money off of money instead of raising taxes eh?

Personally I think they should get rid of it totally. It is over 200 years since the govt said that they should get out of religion, why should people have to have religious items on their coins?

quote:

---

Instead they (congress ) have decided to change the reverse of Sack dollar every year ,, will this make the ones with an eagle as the original a highly sought after collectable coin ?

---

Not only that but on those new Sac dollars the inscriptions including the religious motto IGWT are going to be moving TO THE EDGE! (And it may be the countries motto , but I still see it as a religious statement as well, and I think you will find that most people view it that way as well.)

quote:

---

I've heard there are Congressmen complaining of that and petetions to put it back on the "FACE" of the coin. If they do that at some point, WOW ! Then all of the naysayers of the "repackaged" dollar coins (proof and uncirculated) would be scampering to buy all they could to make their money !

---

Why? They can't really do anything now until 2009, so that means a two year type with a mintage of what 2.4 BILLION coins? Even divided between eight designs that is still 300 million coins or one coin for every single man, woman, and child in the country for each design. And almost all of them in MS condition. Of course there are always fools out there that you can sell common things to for realy stupid money. The home shopping programs have proven that.

Reread the first three sentences of my last post. 300 million coins of 4 designs per year is 1.2 billion coins. Times two years is 2.4 billion coins. So as a "type" (edge lettered dollar) you are lookin at up to 2.4 billion cons for the type. If you want to break it down into 8 types, one for each president it is around 300 million for each design. One coin of each design for every man, woman, and child in the country. Buy them up to make money?

As for why make so many of them, I don't know , stupidity maybe. After the 330 million Washingtons failed to circulate why did they strike almost 300 million Adams? Then with those filling the vaults here come another batch of Jeffersons. Now with close to 900 million non-circulating president coins here come the Madisons. If they produce hem like the first three you are looking at 1,200 million dollar coins that are not circulating and not needed at all.

Eaglefoot

I really hope that your not taking to much of this info personal ?

You are far from alone in your collecting style ,,there are hundreds of thousands of folks that collect the ultra modern coins.

I have my proof sets and a few chosen commems which are part of my collection and also the to date coins for the denom sets .

Im also building sets of SQ's and President dollars for my Grand kids ,,they are very young and those sets being what they are if they take the coins out and spend them its an oh well instead of a you have to be kidding me ! feeling ! But they may spark an interest in collecting and that is the purpose of them at least in my world .

everyone collects different but the advice to move into the classics is sound advice as an addition to what you already collect .

Metalman

well they aren't worthless, each of them are still worth a dollar and in 35 years they will still be worth atleast a dollar. That should make you feel a little better because they will always be worth atleast face value but as you have heard from others I don't really see these coins ever being worth HUGE money not even in 35 years but even if they happen to be worth 1.50 in 35 years your $800.00 of Presidential coins is then worth $1200.00 but since these haven't ever circulated there will be alot of these in 35 years from now in super high grades so even graded coins in the MS-67-MS-69 level will be cheap to collect for future generations. People look at classic coins and see what they are worth now and think that all the new modern coins that come out will have the same effect and its just not reality because most people that could afford to keep coins from circulating were few and far between so alot of the coins are in circulated grades and the ones that were kept in pristine condition are very hard to find for some years and mint marks but with todays coins it seems everyone is collecting/hoarding these new series of coins and that will stop their value from appreciating anytime in the near future. This is not true for each different coin the mint makes because there are some coins that have been released recently that have made huge leaps and bounds in value like the 2006 20th anniversary ASE set, they sold for 100 bucks for the whole set and now sell in the 300-400 dollar range but these types of anomaly's don't happen very often and when they do there are usually people that speculate they will do well and have the foresight to buy all they can when they can (I bought 20 sets and gave a bunch away at Christmas time and now everyone is super happy because they got a gift worth 3-400 dollars even though it only cost me 100). The 1995-W ASE is another coin that has gone up in value over the years, the reason being is it was only available in the set with the Gold Eagles and nowhere else so that one coin sells now for more than the whole set of coins cost in 1995