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Replies: 62 / Views: 3,810 |
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Valued Member
United States
292 Posts |
I was rather excited about them at first. I was just getting into collecting and here was a chance to start a set right from the beginning. But the quality has been severely lacking as far as a collectible goes. So now the only ones I'll have are the ones that come in the mint sets. I must admit guiltily that I did draw shades on about a dozen of the George Washingtons before I spent them. That's where I got the idea for my avatar. Sorry if you end up with one...
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Pillar of the Community
United States
2734 Posts |
Quote: schmidty: "I just haven't seen many vending machines that take them." This does depend on the area that you are in. I'm a bit spoiled here in Denver, where most vending and self-checkout machines (and car washes) accept 1979-present 26.5mm Dollar coins. The car washes and vending machines in rural areas of Colorado tend to be "Quarters Only" (except for a few newer machines).
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Valued Member
United States
254 Posts |
While I agree 100% that the overall quality is pretty low with this series, the primary goal of the mint is widespread use, not increase in numismatic value. Therefore, I think there is a very small probability of the mint lowering the mintage figures.
As far as collecting them, I think the proof versions look very sharp in the PCGS limited edition holders. These have portraits of each president on the left, and years of service as well as a facsimile of their signature on the right. For about $9 each on e-bay (in PR69 DCAM) I feel like its a decent deal.
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Pillar of the Community
United States
2269 Posts |
I have to admit, at first I was uninterested in a series dedicated to former Presidents. Once the Washington Dollar was released, I kind of became hooked. The first 2 years have seen high mintages, but I see the mintages becoming lower, especially for Presidents that most of us know little about. Presidents like Teddy Roosevelt, FDR, and JFK should further spark interest in this series. Unfortunately, we have to wait a few years until we start seeing presidents we know about. At least, next year we will have the Lincoln dollar.
I do like the series. For me, anything that brings new people into this hobby, should be considered a good thing.
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New Member
United States
27 Posts |
I just started collecting and began with the proof set of these plus two error circulated dollars I've keept. I fell in love with these proof sets from the mint and will finish this series out. I pretty much just like the looks even though they probably wont return much to me. oh well
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Valued Member
United States
317 Posts |
As an instrument of commerce, I like them, as I like all dollar coins. I vastly prefer the relatively clean dollar coins to the often filthy and disgusting dollar bill. As a collectible, I just don't like them. I think the designs are not attractive, the Sac dollar was much better.
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Pillar of the Community
United States
2734 Posts |
As far as collecting them, I'll just say "They're in the Proof Sets" and leave it at that.... 
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Pillar of the Community
United States
6326 Posts |
There's little to be excited by these except one remaining prevalent theory...... sort of. IF the paper dollar is eliminated... as sfwusc suggested....and everybody starts using (circulating) these dollars .....as well as the Native Dollars....and even the old Sac's..... THEN.... MAYBE ......there MIGHT be something to Uncirculated and Proof Sets of these. ( or albums and rolls) Otherwise......it's just "fun" to have an opportunity to begin a new series that will take years to complete. If I give up on the series.....I'll still continue to get the Proof Sets so that I can put together a nice album of them. Then despite whatever potential they may have ( which isn't much as of now admitedly) at least I'll always have them in their best possible condition to admire and keep. And hey !......they remain historical (obviously).....kids love them.....and they, like the Qtrs. did, bring new people to the "sport". !.... 
Edited by eaglefoot 03/02/2009 09:52 am
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Pillar of the Community
United States
1179 Posts |
I dont think they are anything exciting and they do lack quality. I do however have every coin issued. Might as well collect them since they are readily available at face and come with all the proof sets you buy. I dont want to kick myself after a few years when they might cost a bit more to obtain.
Its something to do....thats about it. Its good for young kids since they can afford it, plust learn a bit about the presidents.
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Pillar of the Community
United States
1026 Posts |
I collect them because they are being made but I think the design lacks interest. It is a history for the young and old (me forget the presidents)
I also think they will be there value only but if nothing else away to save some $$$$$
The proofs I think will gain some value over time.
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Pillar of the Community
United States
6326 Posts |
Quote: I also think they will be there value only but if nothing else away to save some $$$$$
There ya go !....A SAVINGS PLAN !..... 
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Valued Member
United States
284 Posts |
Speaking of quality, is it just me or does anyone else think that the coins take dings a little too easy? Are the Pres dollars softer than a quarter? Or, does the golden finish just bring out the dings more?
-- Boris
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Pillar of the Community
United States
1007 Posts |
I'm not a fan of them. I think they're unnecessary and were created for the mint to make some money for themselves. For years there were virtually no American commemoratives for anything, but now there are for everything. Yes, I'll be saving them along with everything else. If the USA really needs a dollar coin and do away with the paper dollar I hope they introduce something else. However, the Presidential dollars and Statehood Quarters rekindled my interest in coin collecting so the mint accomplished their goals.
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Pillar of the Community
United States
615 Posts |
I think the metal takes/shows damage/wear more. If they do actually ever get used much, then they will drop in grades fast.
Those MS issues would have some value in that ever happened.
-SWUSC
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Pillar of the Community
United States
2602 Posts |
I like the CONCEPT of having the Presidential dollar series. I like the history of the presidents and the corresponding first spouse coins. But I don't like them being on these golden planchets. The golden SACs are hideous looking, splotchy and get strange toning after a little bit of circulation, kind of like the Zinc Lincoln cents. The Presidential dollars will soon follow suit. And I really detest the date being on the side. You practically have to hold the coin OBV/REV to look at the side and try to find the date and mint mark. After about 5 years of the program I'm not going to be able to remember real well which president was released which year. They are also making too many of them, promoting them like crazy yet hardly anyone uses them or wants them. You must eliminate the paper dollar for these to be used. And finally, the release of the Presidential dollars series has virtually ended my love for searching SAC/SBA dollar rolls, because now every roll is more than 50% Presidential dollars. I used to like searching SBA/SAC rolls because you'd find occasional proofs or a 79P wide rim, or Not issued for circulation SAC dollars. After the Presidential dollars were released and integrated mixed into SAC/SBA rolls, I find almost nothing now, because the rare fins are diluted so much by the sheer numbers of PRES dollars. So the PRES program has ended my enthusiasm for searching SAC/SBA rolls.
Edited by mycrob 03/03/2009 5:42 pm
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Replies: 62 / Views: 3,810 |