A flood of stories has appeared regarding the forthcoming movement of "In God We Trust" from the edge to the face of Presidential $1 Coins. They all started with President Bush’s signing of the Consolidated Appropriations Act of 2008. coinnews.net EDITED---NOTE TO EVERYONE. Please don't post copyrighted articles. http://www.cointalk.org/showthread.php?t=34131
It doesn't make sense to me to put edge lettering on a circulation coin. It probably makes it marginally less-acceptable for normal everyday use. If the mint wants dollar coins to circulate, gimmicks more suited to collectors aren't the way to do it.
I DO like edge lettering, I have quite few old silver and coppers with cool edge lettering, most were circulation coinage.
Of course they did. They were desperate to get this bill passed. By law those appropriations had to be passed and signed by the end of Sept and they didn't manage to get it done until the end of December. The interesting part of this is that it will require the date and Mint to be removed from the obverse of the Sac dollar.
People aren't inclined to use dollar coins anyway. It's bad enough that they are unimpressively small base metal coins. Adding gimmicks and changes to attract collectors only makes things worse. Of course this is just my opinion. Now, if the Mint added even a single gram of silver to the coin and called it a "silver dollar" then people would want millions, maybe billions of them.
igwt it's been said many many times.....................lose the dollar bill and the dollar coin WILL CIRCULATE!!!
And besides, two dollar bills are being printed every day. There has to be billions of them out there somewhere. I get as many as I can each time I go to the bank and circulate them.
