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 Replies: 47 / Views: 3,820 |
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Pillar of the Community
United States
3294 Posts |
Poll Question
As coins age and designs change, eventually coins that are in common usage will be considered classic. For this thought experiment, the presidential "gold" dollars will be used. The question is, how long will it take for the prez dollars to be considered classic coinage?
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Pillar of the Community
Canada
1082 Posts |
The thing with these is that they are interesting as well as being educational. I think that even those who aren't coin collectors will want a set of them because they're very much a piece of Americana. It's only a matter of time before someone offers a nice woodgrain plaque to hang on the wall and display them. Mail Order Houses will also sell them in sets -- wait and see.
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Rest in Peace
United States
3039 Posts |
Don't forget home shopping with their "limited availability" offers. In this case it means they will run out in 2458  |
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Valued Member
United States
213 Posts |
Never. Like the new lincoln cents, people are collecting them too much to ever let them die.
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Pillar of the Community
United States
2600 Posts |
IMHO, a coin will have a very hard time ever being considered a classic and extremely collectible unless it has existed in circulation and had exposure plus population erosion thru attrition. No one uses them. There will be billions and billions of them available in AU/MS condition 100 years from now and no following amongst collectors. They will die the exact same death as the SBA, Sac and Ike dollars before them. Though, I understand for three Washingtons, Capt. Kirk gets a great bottle of Romulan Ale. Jim |
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Pillar of the Community
United States
608 Posts |
With the number that are being minted we will be long gone before the day they become classics!
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Moderator
 United States
187446 Posts |
I said fifty years because I am optimistic. There will be attrition. Probably because they will finally eliminate the one dollar Federal Reserve Note, forcing them to circulate. However, I do not discount the possibility of them being melted during the pending manganese shortage. |
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Rest in Peace
United States
3039 Posts |
Our Washungton protectors in action. They keep minting non circulating coins for people to hoard or pay outrageous prices from the mint for.
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Pillar of the Community
United States
1840 Posts |
I say that they will become "classic" about 30 years after bicentennial quarters are...that is to say never.
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Bedrock of the Community
United States
17884 Posts |
Quote:
IMHO, a coin will have a very hard time ever being considered a classic and extremely collectible unless it has existed in circulation and had exposure plus population erosion thru attrition. By that description the Morgan and Peace dollars will never be classics either. For all pracical purposes they never circulated either and their main attrition was the Pitman Act and the 1979 - 80's silver melts. |
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Pillar of the Community
United States
2734 Posts |
Eventually, their 88% total copper content (100% copper core) will
exceed their face value, which will likely coincide with their
becoming truly 'collectible'.
I've predicted on this forum (last year) that the Cu-Ni
Dime/Quarter/Half-Dollar/Ike coins will approach "face value in base
metal value" around the decade of the 2060's. The Golden Dollars would
take longer to hit face value in base metal value than the 1837-sized
denomination coins, probably past the year 2100.
Edited by DNA
06/15/2009 10:09 pm
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Moderator
 United States
6563 Posts |
25-30 years from now the quarter and dollar "collections" that most people pull from circulation are going to be passed on to a new generation. And that new generation will immediately have them cashed in at a futuristic CoinStar. It will take several generations up until that point that everyone that was alive when they were released are dead and gone. I am guessing around 100 years for higher quality versions to become quite collectible where as almost all will be melted down once the US either joins a One World Currency or just goes completely electronic Mark my words people  |
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Pillar of the Community
United States
2589 Posts |
I cant wait to start melting certain presidents for copper, andrew johnson will finnally get the punishment due to him.
-XoG
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Pillar of the Community
United States
2520 Posts |
I predict that metal detector enthusiasts of the future will regard them in much the same way as present day enthusiasts regard Zincolns.
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New Member
United States
43 Posts |
I don't know how to answer this as that to me, "classic" means design rather than age. For example, a 1946 Roosevelt dime isn't classic. We call that "modern". Yet we'll call a 1945 Mercury a "classic". |
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Moderator
Australia
16804 Posts |
Quote:
GO said:
...I am guessing around 100 years for higher quality versions to become quite collectible where as almost all will be melted down once the US either joins a One World Currency or just goes completely electronic Absolutely. I voted 75-100 years, for that exact same reason. I think it will take the abolition of the dollar to make people sentimental about these coins. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Replies: 47 / Views: 3,820 |
Posted 06/15/2009 12:57 pm
