$2.00 and $5.00 coins for collectors

Discussion in 'US Coins Forum' started by elaine 1970, Nov 20, 2007.

  1. elaine 1970

    elaine 1970 material girl

    i wish the u.s. mint will produce $2.00 and $5.00 coins for collectors. the mint can also issue them for general circulation. in this way, the collectors will have more to collect. other countries like europe and u.k. issued $5.00 coin. and the canadian got $2.00 coin and plan to have $5.00 coin in the future. what is your opinion?.

    size for $2.00. i think some what like the canadian toonie. while that of $5.00. smaller but contain more intrinsic value.
     
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  3. Treashunt

    Treashunt The Other Frank

    Lets think about this, we now have 20 states quarters each year (5 from each mint P & D, plus Proof & silver proofs).
    we have 16 Presidential dollars, P + D & Proofs.
    Plus the non-circulating Sacagaweas (#3, PD & S)
    Plus the non-circulating JFK's: #3 (PD & S)

    So right there we have #42 pieces per annum.
    Plus the Gold Spouses nad thier copper medals.

    Nah, That is more than I want already.
     
  4. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    This will probably be a minority view, but once coins are produced "for collectors," they cease being worth collecting. An important part of the collectibility of coins is their use in commerce and trade as part of US history.
     
  5. jimmyrules712

    jimmyrules712 Member

    hear hear!
     
  6. 900fine

    900fine doggone it people like me

    I hear ya... but that's just me personally.

    But I have no problem with the US Mint producing all the "collectors only" items for others. It spurs interest in the hobby. They seem fairly popular, and an inexpensive "entry point" for newcomers. There's a lot of that stuff at shows, so someone is interested.

    There's no need to produce $2 and $5 coins. They simply won't circulate. They just won't. $1 coins don't circulate, and $2 bills don't circulate.
     
  7. luc87

    luc87 Lmcoins

    They don't?
     
  8. 900fine

    900fine doggone it people like me

    I personally have never seen a $2 bill in circulation.

    The only time I see $1 coins is at the post office vending machines. I would think inflation would ultimately make $1 coins popular at soda / candy vending machines, but I don't use 'em so I don't know.

    I have never received $1 coins in change - they give me $1 bills 100% of the time.
     
  9. 900fine

    900fine doggone it people like me

    They have made several $5 gold commemoratives in recent years.
     
  10. tcore

    tcore Coin Collector

    elaine, I agree with you that they should make $2 and $5 coins, but then I think we need to get rid of the $1, $2, and $5 bills. I would much prefer to use coins for these denominations.
     
  11. elaine 1970

    elaine 1970 material girl

    higher denomination for coins

    i liked bi-metallic coinage. i don't mind they keep the paper notes. just produce it for collectors. i also like to see $200.00, $500.00 paper notes.
     
  12. SapperNurse

    SapperNurse DOD enhanced

    Visit a strip club. The place I used to bounce at used $2 for change all the time to increase the amount the girls were getting tipped and thus, increasing teh amount the bar was taking as their cut.

    Then again, those are teh only routine places that I see that circulate $2 bills too :goofer:
     
  13. elaine 1970

    elaine 1970 material girl

    cent

    now the intrinsic value of cent is only $0.0057 should the mint worried about it?.
     
  14. elaine 1970

    elaine 1970 material girl

    everything go up

    everything go up. now it is time for the mint to make $2.00 and $5.00 coins. canada, u.k. , europe and other countries have more or less make $2.00 and $5.00 coins for circulation. and even replaced their paper currencies. what you think?.
     
  15. AdamL

    AdamL Well-Known Member

    When did Europe become a country?
    hehehe. Just kiddin.
     
  16. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    Oh please no more crap from the mint. I swear I'm thinking about dumping all my proof and mint sets. Just because.
     
  17. elaine 1970

    elaine 1970 material girl

    proof and mint sets

    well, i am planning to buy some instead..........2007 clad proof set look fine.
     
  18. davidh

    davidh soloist gnomic

    That's because the BEP continues making the $1 bills. Stop that, and the use of $1 coins and $2 bills would take off.
     
  19. Collect89

    Collect89 Coin Collector

    If this is a minority view, then I am part of the minority. I would add that I also appreciate the need for quality examples of commemorative & circulating coinage struck in proof and MS just for collectors. What you decide to purchase or collect from circulation is up to the individual.

    I'd like to see the $1, $2, & $5 coins in circulation. The only way the coins would widely circulate is if the paper money counterparts were removed from circulation.

    Very best regards,
    collect89
     
  20. elaine 1970

    elaine 1970 material girl

    good

    at least we have people like to see $2.00 and $5.00 coins in circulation.
     
  21. elaine 1970

    elaine 1970 material girl

    silver dollar

    why not put the american eagle silver dollar at $50.00 face value and let it circulate?. that will be cool. isn't it?.
     
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