Presidential Coins about finished yet?

I haven't see a single Presidential coin circulated since the Adam's coin, and most I circulated myself. These are ugly coins and a waste. Can we just end this series and be done with it now that it is an established failure?

Ruben

 

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sooner or later people will get it thru there heads that they are not a collectors piece and stop hoarding them, and spend them as you would any other coin/currency.

 

I like them, I hope they go on to the end...I see them in circulation here and I am keeping enough from each release to have 5 full sets when they are done.

 

The coins have been around for 30 years. This one is just uglier and more vulgar.

Ruben

 

Yeah but there were reasons that the SBA got pulled (too many complaints about the size compared to the quarter, among other reasons, and as for the Ikes they were a last attempt at a silver dollar in the traditional sense (large dollar) which no one wanted too adopt just cause of the size of them being too big, so either way they were boned back then, now we have the perfect idea, change the color so the idiots that used too say it looks too much like a quarter will stop there griping and the size is perfect, so personally I think within three years people will get over it, realize that they are here too stay and stop there whinning.

 

Have you forgotten the Sac Dollar?

 

sorry skipped right over those, i never really seen em when they were out, but they still make them but only for sets and stuff . and i believe they stopped that in 2006 but i could be wrong, but yeah that was just a fluke. the only reason they stopped the sacs according too the mint was " we had enough in storage" but IMO unless everyone has atleast 1 in there pocket ready too spend, then there is by no means enough of them. what they need too do is just stop printing off dollars all together and take the *****ing that will come from the general public, and at the press release about how they stopped printing them off they can simply say "Get a life and complain about somthing else that really matters, not the decision too stop the paper dollar."

Thank you and good night,

John

PS. did i come off as a coin dollar supporter? if so it's cause i am support the cause

 

pres......................

it's unfortunate about how the dollar coins never circulate. history tells of the morgan dollar also was never popular and that the mint was pressured into minting them. but still people never cared for them to the extent that they would use them enough.

 

Strangely enough I collecting them the same way 5 sets of each year (Philly's only). I'm actually having a great time searching new rollers to find near perfect examples to save. I only collect two sets of the Denver's because I'm on the east coast and have to obtain them from a dealer for a premium.

Allen

 

It amazes me that for coin collectors, you seem to ignore history. The US Mint has been coining a dollar coin almost since its inception. Off and on... that is to say that NO dollar coin has EVER really enjoyed ANY popularity. The reasons are varied and IMHO largely speculative, but the fact remains that Americans have never really demanded dollar coins of any kind.

What encourages me is that tastes do change over time (witness the US Half Dollar coin), but even if these coins are never popular with our citizenry, the commemorative aspect of these presidential dollar coins is that we are guaranteed (by legal mandate) a supply of not only the coins themselves, but of fresh designs for the forseeable future.

Like them or not, the more new designs that the mint manufactures, the more fodder for collectors everywhere. I don't like every US coin series, in fact, I have a certain timespan that I prefer. At the same time I realize that I am not the only collector out here. Maybe someone else will find these series fascinating, or at minimum, use these as a stepping stone into other numismatic areas. More collectors means a better and more robust numismatic hobby for everyone to enjoy.

Does anyone remember the 1980s??? We had stale designs that had been in place for over 40 years and if you didn't like any of them, you had to collect world coins, or stamps, or something else. the pendulum has swung to the opposite extreme lately, but better too many designs than too few IMHO.

 

I think the thing about Morgan was, aside from over productions, they were popular but used more for savings than spending.

Ruben

 

And that has been a collasal failure.

We still have stale designs. This is not a golden age of US coinage despite the technology to actually make it so.

Ruben

 

So long as Americans have a choice, they will go with what they know. Right now, that's the paper dollar. Paper currency is iconic in the depiction of wealth. The aluminum briefcases full of wrapped bundles of $100's, "All about the Benjamins", money showers... images of money are always associated with paper currency. If you look at other countries where they've adopted a dollar coin, there isn't a paper dollar counterpart. They have no choice. If the US was truly serious about implementing the dollar coin, they would have to phase out the dollar bill.

I feel that the Ike, Sac and now the Pres dollars is a vehicle for the Mint to generate interest in coins and coin collecting and hence another revenue stream. They're betting and hoping that these dollar coins never see the light of circulation. It's the same ploy that the USPS uses to generate more interest in stamp collecting.

Note: Last week, there were stickers on our parking meters that said, "Now Accepting the NEW Presidential Dollar Coin!" Here in San Francisco a quarter buys you only 6 minutes on the meter.

Just my 2 cents...

Stan

 

I think it's more than inertial. The coins are just goofy and don't inspire a sense of value.

Ruben

 

technology has nothing to do with the ability to make stunning coinage...the greatest coins ever made are either hammered or created before modern minting techniques. In fact it seems the more technological advances, the uglier and cheaper they become as the great craftsmen who once created them are replaced by machines and less hands on design. I point to colored and other terrible gimmicks...low relief...etc...most coins look very similar these days, they have no touch of personal style.

 

looks like I agree with you on coins (politics, that is another matter:smile)

 

the only way wie will be able to see dollar coins succeed as a medium of exchange, is to eliminate the paper dollar. also, cash registers and vending machines will need to be modified to accept them and give them as change.
from an economic standpoint for us taxpayers (or the gov't.) it would make more sense due to the life of coin vs. currency. most of the time, the public is just resistant to "change".

 

i have gotten 11 from circulation and i would agree that they are a little ugly but i woudn't be quite so fast to call a failure. i collect any coins i can get my hands on. for some of us who are on a budget and cant buy all the "cool" coins, we get want we can get. and there might be some people who like these coins, i will leave out my oppinon out. i dont want to start a fight i just am puting in my say.

 

it would be nice to see them circulated. as i said earler, for the averge collector who does not have to budget for the "cool" and great coins we get what we can get.

 

If any have a chance to circulate it would be these. They arent silver so they wont be hoarded, they are small and to some, interesting and different. Enough for people to put a few away but then spend the rest. I have already come across more of these in circulation than any other dollar coin.