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Presidential Dollars

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Valued Member
lincolncollector's Avatar
United States
373 Posts
 Posted 12/25/2010  4:51 pm Show Profile   Bookmark this topic Add lincolncollector to your friends list Get a Link to this Message Number of Subscribers
I don't know if this question has been asked, but has anyone seen a modern Presidential dollar in circulation? I haven't seen any. Not one.

What's the deal with that? Did they make these coins for circulation use or just for collectors?
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tumbleweedtrumpet's Avatar
United States
1418 Posts
 Posted 12/25/2010  4:59 pm  Show Profile   Bookmark this reply Add tumbleweedtrumpet to your friends list Get a Link to this Reply
They made them for circulation. I know someone who works at a drug store, and sees a lot of them.
Valued Member
lincolncollector's Avatar
United States
373 Posts
 Posted 12/25/2010  5:03 pm  Show Profile   Bookmark this reply Add lincolncollector to your friends list Get a Link to this Reply
I live in Dallas, and haven't seen any, and I don't know if I ever will.
Rest in Peace
pyrbob's Avatar
United States
1943 Posts
 Posted 12/25/2010  5:08 pm  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
The problem is stores take them but don't hand them back out. I keep some in my pocket and spend them all the time but never get one back.
Valued Member
lincolncollector's Avatar
United States
373 Posts
 Posted 12/25/2010  5:11 pm  Show Profile   Bookmark this reply Add lincolncollector to your friends list Get a Link to this Reply
Every store has a cash register compartment for pennies, nickels, quarters, dimes, but do they have one for Presidential dollars or other odd-type coins?
New Member
goldduster's Avatar
United States
33 Posts
 Posted 12/25/2010  6:28 pm  Show Profile   Bookmark this reply Add goldduster to your friends list Get a Link to this Reply
I have never seen a dollar coin that circulated well. That is a good point Lincolncollector. I wonder what the merchants that receive these coins do with them? I would guess they probably send them to the bank as quick as they can.
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regularguy's Avatar
United States
187 Posts
 Posted 12/25/2010  7:40 pm  Show Profile   Bookmark this reply Add regularguy to your friends list Get a Link to this Reply
I never see them in circulation unless I am the one doing the circulating. Used to get them in change at the post office stamp vending machine, that is now gone.
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thecoinczar's Avatar
United States
455 Posts
 Posted 12/25/2010  8:09 pm  Show Profile   Bookmark this reply Add thecoinczar to your friends list Get a Link to this Reply
I have retrieved perhaps 50 plus from circulation. What you have to do is ask for them when you are dealing with the cashier. They usually have a spot for these, the Sacagawea dollars and Kennedy halves in their cash register. Most of the dollar coins I get are in mint state, the Kennedys, usually about uncirculated.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 12/25/2010  8:31 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
When I went to Vegas in September, I got 1 out of a vending machine.
Pillar of the Community
United States
539 Posts
 Posted 12/25/2010  9:35 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply
Ditto on the vending machine change. I'm in California. The funny thing is you get them in change from the soda machine but the snack machine won't take them. Not good for business if you ask me! LOL
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augsburger's Avatar
Germany
1062 Posts
 Posted 12/26/2010  11:05 am  Show Profile   Bookmark this reply Add augsburger to your friends list Get a Link to this Reply
I was in the US for less than a day in transit through JFK and got two Presidential dollars, washington and pierce!! The subway seems to use them for giving out change when you buy off the person at one of the subway stations close to JFK!
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lincolncentguy's Avatar
United States
809 Posts
 Posted 12/26/2010  2:21 pm  Show Profile   Bookmark this reply Add lincolncentguy to your friends list Get a Link to this Reply
I used to get them from the stamp machine at the post office....but they took the machine out last summer...wonder what happend to all the dollar coins? I used to get Washington and Adams coins all the time!
Pillar of the Community
United States
687 Posts
 Posted 12/26/2010  3:57 pm  Show Profile   Bookmark this reply Add RollHunter to your friends list Get a Link to this Reply
I've gotten them in change from the automated kiosks at the occasional parking garage but the only one that I've gotten back in change from a legit face to face transaction (where I didn't ask for it) was from the cashier at a Buona Beef in the Chicago area. She didn't even explain it and handed it to me like it was a normal part of the transaction. I was pleasantly surprised by that!
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eaglefoot's Avatar
United States
6326 Posts
 Posted 12/26/2010  5:44 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
The Mint has had a great difficulty with the "popularity" of any circulating Dollar coin for about One hundred years.
Paper FRN's (One dollar paper note) seem to be the desired form of "pocket/wallet money".


The Ike dollar
The Susan B. Anthony dollar
The Sacagawea dollar
The Native Dollar
The Presidential Dollar

You won't see many of any of these (or didn't) until they get rid of the FRN and replace it with the hundreds of tons of these "Dollar Coins" sitting unwanted and unused in vaults across the nation.
Edited by eaglefoot
12/26/2010 5:45 pm
Valued Member
x78089's Avatar
United States
255 Posts
 Posted 12/26/2010  8:04 pm  Show Profile   Bookmark this reply Add x78089 to your friends list Get a Link to this Reply
I "buy" them from the bank and spend them. Hopefully they will circulate eventually.
New Member
Double Indemnity's Avatar
United States
24 Posts
 Posted 12/27/2010  10:34 am  Show Profile   Bookmark this reply Add Double Indemnity to your friends list Get a Link to this Reply
I think the Mint (or Fed?) should do an experiment in one small area to see if these coins can circulate better. Reduce the amount of $1 bills available and ask banks to offer the coins ''due to a temporary shortage of $1 bills'', or whatever explanation they can dream up.
If people got used to seeing these coins more frequently I think they would be widely accepted.
I gave a few to nieces/nephews at Christmas and they liked them.
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