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 Replies: 12 / Views: 1,219 |
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Valued Member
United States
63 Posts |
I searched the forums and didn't find anything about this. I've been wondering about this for a while. In the 2008 RedBook, under Presidential dollars it specifically says that: "Special silver Proofs of the Presidential dollars are struck each year for collectors, as well". And in the chart, it lists; for example Washington the following, "2007S, George Washington, Silver PF-65 $16.00" While the normal proof they list at $10.00. There is no Silver Proof specification for the Sacagawea dollar in the RedBook. I was under the impression normal proofs were included in both the proof and silver proof sets for penny's, nickels, sacagawea and Presidential dollars. Can someone clear this up for me? Are the Presidential dollars in the silver sets really different, and if so, in what way? Any help is appreciated! Thanks Dorion |
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Pillar of the Community
United States
533 Posts |
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Valued Member
United States
112 Posts |
"Distinguishing this collection are the dime, half-dollar and five commemorative State Quarters, all of which are produced in lustrous 90% silver." It doesn't say anything about the dollars I mean they are proof, but they aren't made of anything different, right? Edited by Eagles700LvL
03/06/2008 10:30 am
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New Member
United States
48 Posts |
All the coins in the Silver Proof Sets are not silver. The following is an excerpt from the US Mint description of the silver set. "Distinguishing this collection are the dime, half-dollar and five commemorative State Quarters, all of which are produced in lustrous 90% silver." The Sacagawea, the President dollars, the cent and the nickel are not made of silver. Those coins are included in the silver proof sets made with their standard compositions. The topic of the "Golden Dollars" being made in silver for these sets was discussed by the US Mint. The articles I read in Coin World indicated that the Mint concluded (properly I believe) that the legislation authorizing those coins did not allow them to be minted in silver, only in their bronze/maganese alloy. |
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Valued Member
United States
130 Posts |
Oops! I see this has been covered. Anyway, WOW! That is a nice set. I ordered one.  Edited by MarkJ
03/06/2008 10:57 am
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Valued Member
 United States
63 Posts |
I have to agree, the mint's desciption would lend one to conclude there is nothing different about the Presidential dollars in the silver set. This would mean that the RedBook is in error. I can't believe that this error would go unnoticed by the coin community, so I must have missed a communication or something from Whitman. Does anyone know if they have publically acknowledge the differnce between their book and the mint. I'm sure they've offered an explanation somewhere? |
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Pillar of the Community
United States
6326 Posts |
Dorion....... I too noticed that in the 2008 RedBook and was waiting for the "Silver Proofs" of the Presidential dollars to come out.......they never did....and the "Silver Proof Set" which includes pres. dollars certainly are NOT made of Silver nor would they be/or supposed to be.....so I was in limbo on this as well and didn't see anyone else notice that either. "IT'S THE RedBook LANGUAGE ON THIS THAT'S CONFUSING"....It's VERY clear on how the Mint details "The Silver Proof Set".....but that's NOT the issue here...the RedBook mentioned a "seperate" Silver Pres. coin....NOT included with the "Set"...So I chalked it up to the RedBook just not being acurrate on what the Mint will produce and what they won't produce...maybe they "were" going to and then with the "law" they didn't and RedBook came out with their "printing" SOOO EARLY (way too early usually!) Basically I just figured it to be an "oops" on RedBook.......the 2009 is out too I believe isn't it ? or soon, of course......so let's see if they change/remove that wording on "Silver Presidential dollars"....... If they meant the regular Silver Proof Set (but the Pres. coins not being silver).......they were certainly NOT clear with that wording in the book to me either. (as per your quote from the RedBook) Edited by eaglefoot
03/06/2008 11:10 am
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Bedrock of the Community
United States
12437 Posts |
This confusion wasn't exactly created by Whitman and the RedBook, it is more the fault of the Mint. They were discussing the production of silver Presidential dollars for the silver proof sets in late 2006. The final proofreading of the RedBook occurred in fall/winter 2006 and at the time, it was a possibility that silver Prezs would be minted in 2007. At the last minute, the Mint realized that they did not have the power or the legislative authorization to alter metal content so they were never produced. I am sure that the 2009 RedBook due out in April will omit any mention of silver Prezs. The Mint probably needs a new legal department since they have run into this problem before with the minting of 39 22kt Sacagaweas in 1999. They weren't authorized to do it and the coins were sent to Ft. Knox for storage(after 12 of them had a nifty ride into space on the Space Shuttle Columbia). The current brouhaha over the cent is also involved here. The Mint wants to be able to alter compositions of coins as the need arises but Congressional legislation is required for that so the Mint is trying to get Congress to turn that power over the the Department of Treasury. Edited by biokemist6
03/06/2008 11:22 am
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Pillar of the Community
United States
533 Posts |
Wow, I guess that I need to start reading a little slower. So, that is the only way to get the Silver Proof dime and half? I already have the silver State Quarters, and the Pres. Dollar Proofs, and I would rather not spend $50 when I already have 2/3rds of the set. (other then buying it somewhere else)? |
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Pillar of the Community
United States
6326 Posts |
Thanks Biochem....... That clears it up basically......I figured RedBook went to print and "jumped the gun" before they really knew !! You know though, it's a shame that they didn't/won't make a "silver proof" of each of the Presidents.......because these "regular proofs" that we have are going to be/are grossly overminted.....and frankly just aren't impressive or valuable or worthwhile. There should be a Gold Spouse Coin and a Silver Proof President Coin ! There just "should" be ! There's NOTHING special about these regular Presidential dollar Proof Coins...... They SHOULD have honored the Presidents in a little more honorable way!.......AND "SILVER" WOULD HAVE BEEN PERFECT & SPECIAL ! Edited by eaglefoot
03/06/2008 11:54 am
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Valued Member
United States
63 Posts |
Thanks for the explanation Biokemist6. Eaglefoot, I agree there should be a silver proof! Been spoiled all these years with 5 quarters and Silver sets just won't be any fun after that goes away!
MorganNoob, I read too slow and sometimes that doesn't even work. Thanks for the intial link.
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Pillar of the Community
United States
6326 Posts |
I know !...... I LIKES ME SILVER ! .......I don't want a "smaller" Silver Proof Set once the quarters are gone........I WANT MORE SILVER COINAGE IN THERE !!.....THE DIME, QUARTER, AND HALF.....THAT'S IT ?......(including a "sleeve" of regular President Proofs in the set, just doesn't do anything for me !)
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New Member
United States
42 Posts |
I understand where you're coming from, eaglefoot. I too would have liked to have seen a silver, or more appropriately, gold proof Presidential dollar coins, even though I might not have been able to afford them! But, I'd like to say that though I definitely like gold and silver, the most important thing to me is design, and I think the Presidential dollar coins are beautifully designed. Precious metals change throughout history. Aluminum used to be considered a precious metal, till the technology arose to extract it more easily. Now it's not considered "precious", even though it is a wonderfully useful metal. Who's to say that 100-200 years from now or even less, we won't be able to economically replicate gold and silver or find them in great abundance in asteroids and other celestial bodies we might be mining then. Then those won't be considered "precious" metals anymore, but the design will remain and people will probably still comment on these early twenty-first century coins. Sorry for the philosophizing! :-) |
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Replies: 12 / Views: 1,219 |
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Posted 03/06/2008 10:29 am
