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 Replies: 20 / Views: 3,566 |
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Valued Member
United States
295 Posts |
Dollar coins have never been common in circulation during my life, so I was curious when they stopped circulating widely. Was the Eisenhower dollar actually used for daily commerce, or was it like the Sacagawea and Presidential dollars that just seem to get minted and not be used? I ended the dollar coins section of my type set at the Eisenhower, since the newer ones are too recent to have any collectible value to me and apparently did not circulate very much. But the Eisenhower at least feels like a historic design to me, and it would be even more interesting if they actually circulated. |
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Bedrock of the Community
Canada
24885 Posts |
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Rest in Peace
United States
18456 Posts |
From what I recall they did circulate for a few years I do remember they were used a lot in the Las Vegas and Atlantic City Casinos . I guess they were never popular in everyday commerce because they were too big and heavy . Don't tell jbuck ; but I never did like the looks of them. However I think a superb Brown Ike proof displaying a high contrast cameo is outright gorgeous .  |
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Bedrock of the Community
United States
20753 Posts |
I still remember that when I tried to use one to purchase anything, whoever was selling would grab them as if they were Gold. They always were a bit to big yet everyone seamed to want them, just not spend them.
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Bedrock of the Community
Canada
24885 Posts |
Quote:
Don't tell jbuck ; but I never did like the looks of them.  Edited by Dorado
05/29/2018 09:10 am
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Pillar of the Community
United States
1601 Posts |
Gorgeous is right, T-BOP!  As for circulating, I still spend them but then I just like messing with educating cashiers. They are great for tip jars, too, if you don't have a Jefferson note on you.  |
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Pillar of the Community
United States
1695 Posts |
There must be large hoards of them somewhere now.
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Bedrock of the Community
United States
17884 Posts |
No dollar coin has really done much everyday circulation in commerce since possibly the Seated dollar in the 1840 to 1850 period. Can't say for sure they even circulated then, but that was the only period when circumstances truly favored their circulation. (coinage available, worth more as money than as metal, and the paper money in circulation was not trustworthy.) |
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Moderator
 United States
187582 Posts |
Quote:
Don't tell jbuck ; but I never did like the looks of them.   Quote:
However I think a superb Brown Ike proof displaying a high contrast cameo is outright gorgeous . Yes, they are.  |
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Bedrock of the Community
United States
10029 Posts |
Too big and heavy. However, American patriotism and excitement about what we could achieve was at a high like no other time. We had just walked on the moon and it only took 9 years! The new coin depicted this on its REV. Everyone just knew Mars would be walked on within 10-20 years (see countless sci-fi films), and we would all have an opportunity to visit the moon by the time we were 40-50.
So people did like them. It was always a, "Hey, look what I have!" But I never saw them circulate hardly at all. As a kid I spent them!
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Bedrock of the Community
United States
94367 Posts |
I'm sure jbuck is planning some wicked revenge for all of us who find the Ike dollar the beginning of the end for American coinage.  |
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Pillar of the Community
United States
9395 Posts |
I remember getting three Eisenhower dollars in change back in the early 1970s at a gas station in Idaho. As for real silver dollars, the last one (Morgan type) my parents got in change was in late 1957 or early 1958 at the Louisville KY airport. I was present for that one and was surprised that they were still in circulation I have about a dozen Peace and Morgan dollars that my parents or other relatives took from circulation after WWII in California. Most (or all) of these were kept, as they were unusual. The Morgan dollars are in this group photo (bottom row only, not the ones in the tubes):  (The GSA boxes in this photo are empty.) |
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Bedrock of the Community
United States
73628 Posts |
Some of them do circulate in circulation. Sometimes, people will spend them.
Errers and Varietys.
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Bedrock of the Community
United States
17884 Posts |
I still buy a roll of them from time to time for spending purposes.
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Moderator
United States
187582 Posts |
Quote: I'm sure jbuck is planning some wicked revenge for all of us who find the Ike dollar the beginning of the end for American coinage. You cannot even begin to imagine.  |
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Pillar of the Community
United States
3468 Posts |
I remember getting them early on, 71/72, and again in 76. After that, not so much.
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Replies: 20 / Views: 3,566 |
Posted 05/29/2018 08:08 am
