Bush approves Sacagawea dollars another Bush mistake

This week President Bush approved the minting of 2008 Sacagawea dollars. Another one of his mistakes.

 

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When you're on an 8 year roll you just keep going!

 

I won't comment on the one part, but I'm kinda glad for the '08's. It would bug me to have a year gap in my book before the new design comes out.

 

Maybe they will melt down s few hunderd million of the older ones in order to mint the newer ones and the 2000, 2001 will be instant rarities..LOL Fat chance!

RickieB

 

The OCD maniac inside me thanks him.

 

You have an interesting take on this, considering it was the Congress that passed the bill he signed.

I for one am happy to have 2008 Sac dollars - I like the reverse design and this is the last year we will see it for a while (if ever again). I also am going to have some Sac dollars edge lettered - a variation on the counterstamping that I do - and I am grateful to have a supply of current smooth-edged dollar coins to use, even if I have to buy them at a slight premium.

P.S. - Before anyone gets the wrong idea, I am NOT going to have edge lettering sone that in any way could be confused with what the Mint produces.

 

Great so now the mint has authority to make 2008's, but the authority they had to make 2007 's is gone. (unintended consiquence of the legislation. The Presidential dollar legislation provided for the continuation of the Sac dollor at the same time. The legislation moving IGWT off the edge removed the right to make the 2008's. The new legislation specifically allows the 2008's but errors and removes the part of the legislation that allowed the sac dollars to be made along with the president dollars thus removing the authorization to strike the 2007's ) That is what happens when you try to make new laws by simply passing ammendments to old laws. No one really sees what the final version of the law will be. That's what got them into the problem with the 2008's in the first place.

So now the 2008's are legal and the 2007's aren't.

 

I expected the mint to release, or at least place on schedule, the Annual Proof sets as well as the rolls and bags of Sacs, after President Bush signed this legilation into law.

Since the Mint did not release any Sacs, I am beginning to think that the mint is interpreting this law as if they have the authority to mint circulated coins, but still do not have the authority to mint collector coins.

The current legislation does not sound like Director Moy's recommendaton to have congress approve legislation to mint collector edition coins for 2008.

It would not surprise me if Director Moy has a Congressman or Senator submit legislation that will authorize the Mint to mint collector edition coins. This legislation would leave out any reference to circulated coins. Once the President signs the legislation, it could then be interpreted as the mint does not have the authority to mint circulated coins only collector coins.

Don't laugh... something similar happened last year with the Native American Coin Act. That is why we don't have 2007 circulated Sacs.

Perhaps this is what the hold up is of releasing 2008 Sacs on the Mint site.

 

bush.........

hmmm..........................now we're blaming bush for sacs.

 

Sacs were first minted in 2000, which means he inherited this mess from...

 

I have a feeling that this thread may turn into a republican vs. Democrat war. LOL

 

Greg is right---lets not get too far off topic.

Speedy

 

...I blame Snowden....

 

I think you have a case of BDS (Bush Derangement Syndrome - Where one blames another for any and all ills perceived or not in the entire world )

Mr Ed, I believe you would be probably blaming President Bush had he not signed this oversight into law one way or the other and then blaming him for holding up the Proof and Mint sets either way.

Don't worry Hillary or Barack will make everything super OK real soon!:rolling:

 

Er not going to make a political comment about Bush one way or the other, but to be fair it's Congress that passed the bill; Bush only signed it. Theoretically he could have vetoed it I suppose, but as far as I know there's never been a coin legislation bill that ever got out of Congress that wasn't signed by the president. It's pretty much a routine thing, as the only reason to veto legislation is for the president to make some sort of political point, and for coin legislation there's just little reason to bother making one. Vetoing routine legislation just makes you look stubborn and obstinate if there's not some significant point to be made on a matter of political principle.

Carter often gets the blame for the Susan B. Anthony dollar too... but again, it was Congress that passed the legislation for it, he just signed it. Ultimately it's Congress that deseves the blame/credit for any coins that get made.

(Besides to be fair Sacagaweas were first authorized to be minted under the Clinton administration lol...)

 

Yeah, that's going too far. Everyone knows it's Bill Clinton's fault.

I'm glad there won't be a gap in the dollars for collectors.
I wasn't terribly interested in Sacs, but when they announced the changing reverses starting in 2009, I decided to collect the whole series. You can get all the varieties to date fairly inexpensively.

 

I still can't bring myself to care about them. I have every proof set they've been in so far besides 2001 so I have an incindental collection of proofs of the series; that's good enough for me. If they have a long run of being minted in excess of demand I can't see any future in them and as a collector nothing about them seems to dwa any interest from me... I have one for my type set, one each in my proof sets, and that's enough for me really, I just don't feel motivated to bother collecting these by series, changing reverses or not. It just feels too much like an artficial collector's item, something that only exists for the sake of collectors... and while that hasn't stopped me from collecting Kennedy halves, president dollars, and $2 bills, this just doesn't call to me, it just doesn't have that certain something that motivates my interest in it.

Perhaps if the dollar bill ever gets eliminated these, and the president dollars, will actually become practically used coins. Myabe then I'll care more... but there's very few things I feel like collecting by series in the first place, I'm more of a type collector.

Am always reminded of the Simpsons episode when I talk about these lol:

Bart: "What's this? A Chuck E. Cheese token?"

Marge: "It's a Sacagawea dollar! You can take it to the bank, and trade it in for a real dollar!"

 

We have had the "New Deal", the "Fair Deal", the "New Frontier", and now...

the "Ugly Money Deal".

 

This thread is crossing the line, so I'm going to close it.
I understand that it is hard when talking about such topics that it is hard not to mix some politics in there, but some of these posts have gone over the line.

Speedy