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 Replies: 18 / Views: 3,229 |
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Pillar of the Community
United States
1523 Posts |
I recently read that the TPG services were going to recognise the upside down lettering in these coins as a type 2.Any thoughts on that and did anyone else hear this? |
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Pillar of the Community
United States
4846 Posts |
would it be of more value?
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Pillar of the Community
 United States
1523 Posts |
Guess it would depend on how many are out there.
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Pillar of the Community
United States
4846 Posts |
well, there could be more "type 1's" than "type 2's". how would they determine how many are out there?
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Pillar of the Community
United States
2734 Posts |
Edited by DNA
04/23/2010 11:05 pm
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Pillar of the Community
United States
1523 Posts |
Thanks for the link.I don't collect them and had no idea.Just thought it would be a 50/50 kinda deal.
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Pillar of the Community
United States
592 Posts |
Just a tad ridiculous. ImHO. Actually the presidential series is a bad concept to begin with (besides being truly ugly & poorly designed) now aimed at collectors. As long as we have paper $1 bills they will never catch on with the general public. Has anybody honestly actually gotten one in change in the course of ordinary commerce?
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Locked
822 Posts |
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Just a tad ridiculous. Why? It's two different varieties is all. I'd hate to think how you feel about guys like Breen, Overton, Van Allen and such.  |
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Bedrock of the Community
United States
12437 Posts |
It makes sense to note that on the slab because the edge is obscured by the slab itself(even with the edge view slabs, they still cover part of it). Value-wise, it will have no impact whatsoever since the distribution of up/down is 50/50 but registry collectors will have to buy extra coins  Quote:
Has anybody honestly actually gotten one in change in the course of ordinary commerce?
Yes, if you consider change back from a light rail train ticket machine but not in a regular retail transaction. I have done my part though and spent several hundred of them. |
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New Member
United States
49 Posts |
Thank you, I'm glad to know I'm not the only one that thinks they are UGLY.
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Pillar of the Community
United States
592 Posts |
Why? First of all the are not nor ever will be classic coins. The coin varieties by breen, overton, etc. are on actual coins that had a (mostly) legitimate use. They are works of art: The classic coin varieties have excellent hand engraved designs not computer generated cartoonish pictures. There is no comparison to actual classics. Take a real good look at one of these dollar coins, they are truly poor. Material like this is what killed stamp collecting, & will do the same to coin collecting.
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Valued Member
United States
71 Posts |
I hope the mint stops soon with all of this nonsense ... does anybody out there think that the presidentials or the State Quarters fo rexmaple will ever be worth something ? |
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Pillar of the Community
United States
3294 Posts |
yup, $1 and $0.25 respectively. I would guess that in 100 years, there might be some small value to them, but not one that exceeds the inflation rate. Consider this: The 1957 Jefferson nickel had about the same mintage as the 2009D, 35-40 million. Today, 53 years later, an AU 1957 nickel can be had for $0.05, and an MS63 example might set you back a buck or two. Production of State Quarters was much higher then 40 million. Edited by nod2003
04/27/2010 12:35 pm
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Pillar of the Community
United States
1523 Posts |
I went to my bank a couple weeks ago to trade in a box of cents and saw that the teller had 5 Presidentials in her tray so I ask for them.Out of the 5,2 had upside down lettering so I'm guessing they a very common and I doubt they will ever have a premium.
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Pillar of the Community
United States
1882 Posts |
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Out of the 5,2 had upside down lettering so I'm guessing they a very common and I doubt they will ever have a premium. There is no such thing as "upside down"...and won't be a premium for either direction. The letters are applied in a separate process; the distribution between them should be 50/50. Yet some collectors will try to collect them with letters both ways. |
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Pillar of the Community
United States
2734 Posts |
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Has anybody honestly actually gotten one in change
in the course of ordinary commerce? Yes, the Denver Mint Gift Shop has given me Dollar coins in change (without my asking for them) several times this year! I get them in Light Rail change (where I got my only 2010-P Native American Dollar as yet!), and my nearest car wash has changers that give Dollar coins for bills. That said, it seems to be 'basic cashier etiquette' not to hand out Dollar coins to people in change unless they specifically ask for them. Cashiers are usually more than happy to give them to you in your change (or sell them to you) is you ask... |
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Replies: 18 / Views: 3,229 |
Posted 04/23/2010 10:48 pm
