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Collecting Golden Dollars

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Zinc9307's Avatar
United States
2 Posts
 Posted 10/31/2021  6:47 pm Show Profile   Bookmark this topic Add Zinc9307 to your friends list Get a Link to this Message Number of Subscribers
How do you guys go about collecting golden dollars (and SBAs too)? I get mine from a vending machine in my apartment complex. I just put a $1 bill in, press the change return, and it gives me my $1 slugs of hard brass.

Which ones do you keep? I generally keep NIFCs, any Sac from 2001+, and any Presidential dollar I don't have. Please show me your collection if you can!
Edited by Zinc9307
10/31/2021 11:16 pm
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John1's Avatar
United States
56855 Posts
 Posted 10/31/2021  6:57 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
. You might be able to get them (order them) from your bank. Post offices used to give them as change in their vending machines also.
John1
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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/31/2021  7:53 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
My interest is in the small real gold Dollars,- their market prices are reasonable at their relatively low mintage numbers. The added bonus is their guaranteed actual gold value, with not a lot outlay, relative to a double eagle.

Nevertheless with modern 'gold' dollars,
I would still search my pocket change and keep anything that happens to be interesting, that may have some extra premium value over face, for whatever reason. The advantages of this strategy is that all modern 'gold' dollars that you keep are acquired at the low cost of face value. The bonus in this case is that there are lots of interesting types/designs.

Which ones to you keep from pocket change?
- Any that have a premium over face value, for whatever reason.

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Lunch Money's Avatar
United States
274 Posts
 Posted 10/31/2021  9:39 pm  Show Profile   Bookmark this reply Add Lunch Money to your friends list Get a Link to this Reply
When they were being issued, I would get the Presidential dollars from my LCS. I haven't used vending machines in awhile, so I don't really have any other options.
I collect the innovation dollars now, but I get those straight from the US Mint.
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jbuck's Avatar
United States
187862 Posts
 Posted 11/01/2021  08:58 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
to the Community!

I used to get them at the post office when I used to buy stamps and they used to have a stamp machine that took $20 bills. It was like a mini-jackpot of baby dollars!

I have not bought stamps in years and the cash machine was replaced with one that only takes electronic payment before that.

Now I just buy them in sets from the mint every year.
Pillar of the Community
United States
2281 Posts
 Posted 11/01/2021  9:26 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
The bank lets you order them by the box, go nuts.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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Conder101's Avatar
United States
17884 Posts
 Posted 11/02/2021  01:28 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
If you have a friendly bank, and an account.
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jmgi2020's Avatar
United States
44 Posts
 Posted 11/04/2021  3:41 pm  Show Profile   Bookmark this reply Add jmgi2020 to your friends list Get a Link to this Reply
I would put a set of them together, but I wonder how the metal composition would hold up over time in storage.
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jbuck's Avatar
United States
187862 Posts
 Posted 11/04/2021  4:19 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I would put a set of them together, but I wonder how the metal composition would hold up over time in storage.
Well, my oldest golden dollars are now 21 years old and they look just as they did the day I got them.

They turn ugly fast in circulation (all that touching and rubbing), but seem to hold up well when stored in a stable environment.
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jmgi2020's Avatar
United States
44 Posts
 Posted 11/04/2021  7:13 pm  Show Profile   Bookmark this reply Add jmgi2020 to your friends list Get a Link to this Reply

Quote:
Well, my oldest golden dollars are now 21 years old and they look just as they did the day I got them.


That's good to hear! What kind of holders or album do you store them in?
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Dorado's Avatar
Canada
24885 Posts
 Posted 11/05/2021  05:11 am  Show Profile   Bookmark this reply Add Dorado to your friends list Get a Link to this Reply
To the Forum.
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jbuck's Avatar
United States
187862 Posts
 Posted 11/05/2021  10:38 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
What kind of holders or album do you store them in?
Dansco.

I also have many in their OGP, waiting for new Dansco albums to put them in.
Valued Member
United States
173 Posts
 Posted 11/05/2021  9:07 pm  Show Profile   Bookmark this reply Add coinnewcomer1 to your friends list Get a Link to this Reply
I collect mainly American Innovation Dollars and like others keep Sacs and Native American dollars that are in AU or, if possible, MS just released into the wild. I rarely collect Presidential dollars - I just get them when I buy old Mint or Proof sets or the Annual Uncirculated Dollar sets the US Mint used to sell on and off from 2007 - 2016. And SBAs only if I get it from a mint set (one exception the 1981 SBAs which are available only in Proof and Mint sets, my parents bought 5 or 6 mint sets which I found the best of the P,D and S). But to reiterate mainly the American Innovation Dollar.

And like another poster, when I can afford it, I get the real gold dollar coins which were produced from about 1849 to 1889. Interesting series, good premium, and there are many years that are reasonable for the mintage you get (or conditional mintage as many produced in the millions were melted for the Civil War and during the Reconstruction period mintages were very low at times). TO start, try those from 1849 - 1854 (Type I) from the Philly mint. Most affordable ones. Those from Charlotte and Dahlonega mint, due to the tiny mintages and low survival rate, are expensive. Worth getting one if you are disciplined enough to save for some time.
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BadThad's Avatar
United States
19935 Posts
 Posted 11/05/2021  10:27 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
You can go to any bank and ask for an unopened roll. Tell them it's a gift for a kid and they give it to you with a smile. That said...

I used to do the same thing as you! LOL A place I used to work at gave those back when you put in $5.

Make sure you protect your coins VERY well from air. Nice ones will tarnish quickly! GOOD LUCK
Lincoln Cent Lover!
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United States
745 Posts
 Posted 04/17/2022  6:30 pm  Show Profile   Bookmark this reply Add Boba Debt to your friends list Get a Link to this Reply
Hello

I used to collect coins as a child and got reinterested when the Statehood Quarters came out

Over the years I upgraded my complete collection to Silver Proof coins (90% Silver) and just ordered the CAPS album system for them



Now I am interested in the "newer" dollar coins (SACs Presidents NA and the AI), but I have a few questions

Did they ever mint them in 90% silver?

I can find uncirculated proof (S) Presidential sets on ebay, is it worth it to buy them for 2-3 per coin?

Some of the complete Presidential sets have 39 coins with a 3 coin holder for the last set and others have 40 coins all in 4 coin holders, why is that?

What's the deal with the Native Americans set?

Thanks

Now to read the other topics on this forum until I pass out



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John1's Avatar
United States
56855 Posts
 Posted 04/17/2022  6:58 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Boba Debt .
You might like this link http://smalldollars.com/
John1
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