I was digging through the mints web site today and ran accross the page for the sac. dollar coin ( the "golden dolla" the slogan is: "It's money. So use it." I had to laugh... they are practicly BEGGING people to use it here is the link: http://www.usmint.gov/mint_programs/index.cfm?action=golden_dollar_coin I for one am all for a dollar coin, heck i want a $5 $10 and $20 coin!
NO offense to the mint, but that dollar just looks sick once its been in circulation for a bit. I like the SBA dollar design better anyway except for the size. The way I figure it, the only way to get a dollar coin to really work is to do away with the dollar bill. As long as I can carry lightweight bills to spend, Im not going to want to carry a pocket full of coins. I think most folks carry as little change as they can to begin with.
Make them 50c size and do away with Kennedy, then they would become popular. BIG coin = BIG following.
Or make them 38mm like the Peace and Morgans. It's a dollar, so it should be larger than a half dollar, not just barely bigger than a quarter.
I agree, I would love to have a dollar coin the same size as the morgan or peace dollars. Are the Ike dollars the same as well?
Australian Dollar Australia did away with the dollar banknote. Australia uses a one dollar coin and a two dollar coin. You get used to carring these in your pocket, but to offset the weight Australia did away with the one and two cent coin. Even though some things are still priced to the penny i.e. $2.98, shop keepers round up or down to the nearest five cents. The one dollar coin is just about the same size (25 mm) as the SAC and SBA dollar (26.5mm) When paper is not available coins are what you use. Yes there is a $5, $10 $20 $50 & $100 coin but they are commomeratives.
According to my Red Book, all the silver dollars from 1836 (Gobrecht dollar) through 1976 (Eisenhower dollar) were 38.1 mm. The Flow Hair and Draped Bust dollars (1794 thru 1804) were 39 to 40 mm. The Silver Eagles are 40.6 mm.
I might very well be wrong, but I thought that SL dollars for example, were a but bigger than Morgans. (And trade dollars were definitely heavier - not sure of diameter.)
13PacesEast, Welcome to the forum ! I get Susan B. Anthonys all the time in change from bill changing machines (change for $5 and $10) and in the stamp machines at the Post Office.
The sac actually looks pretty good if it actually circulates. It requires the constant rubbing and abrasion of circulation to stop it from getting discolored and splotchy. I've watch a couple pocket pieces wear down to VF+ and they look good.
Been carrying two Sackies since 2000 and love their appearance now! Actually they are wearing rather well in my pocket 365 days a year. Why doesn't anyone complain about the Lincoln cent and what it turns in to in a very few days in circulation? It gets really pathetic but no one complains and they just keep on collecting them but let a Sackie get splotchy and we hear it from every one? I can tell you one thing about the Sackie that NO ONE expected.....the value of a full set has EXPLODED and boy do I wish I had started more than 2 sets now!
What I have a hard time figuring out is why the 2001 proof is selling for $100+ when the mintage (at least from what I've read) is close to all the other proofs.