2012 Native American Dollar Design Announced

Discussion in 'US Coins Forum' started by WarNickelFinder, Nov 29, 2011.

  1. WarNickelFinder

    WarNickelFinder Active Member

    On Friday, November 25th, the U.S. Mint announced the design for the 2012 Native American dollar. The theme will be "Trade Routes in the 17th Century." The reverse features the side profile of a Native American and a horse, with horses galloping in the background. In my opinion, this design is a huge step up from this year's, and is probably the best design yet of the Native American dollar program, or at #2 compared to 2010's design with a bundle of arrows. A release date is yet to be announced, but it would probably be in February or March, 2012.

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  3. Kasia

    Kasia Got my learning hat on

    I really like that design....think I'll have to get a couple.
  4. 5dollarEdunote

    5dollarEdunote Coin Connoisseur

    This will look stunning in proof...glad it got chosen, I was rooting for this one.
  5. collectingkid

    collectingkid Copper Collector

    I don't remember when or where but there was this mint voting on the coin and I voted for this one:p :cool:
  6. icerain

    icerain Mastir spellyr Supporter

    Looks much better then the previous year. Is there a pic of the reverse? I couldn't find one.
  7. james m. wolfe

    james m. wolfe New Member

    2012-Native-American-1-Coins-300x300.jpg here you go icerain
  8. mralexanderb

    mralexanderb Coin Collector

    I'll do the same thing this year (2012) as the past ones. I'll order the $250 direct ship coins and look through them and keep only the best and spend the rest. I usually only keep the 10-15 worth keeping. At least the rest are put into circulation. I know most are returned to a bank, but, at least, I give many people the chance to collect them and they are usually thrilled to get the new "golden dollars". It's also an educational experience when I tell them that this coin is the 4th of the Native American coin series and that the reverse changes every year and this year represents the "Trade Routes Of The 17th Cenutry". I think it's cool. :thumb: :cool:
  9. icerain

    icerain Mastir spellyr Supporter

    Oh I thought they were changing both sides. Thanks.
  10. Kasia

    Kasia Got my learning hat on

    I actually like the Sac obverse.
  11. wgpjr

    wgpjr Collector

    The Sac. / Native American dollars are my favorite modern series. I really like this new design, can't wait to get the actual coins!
  12. mgk920

    mgk920 Nonhyphenated-American

    The only change that I'd make to the series is to put the date/mintmark and motto back onto its flat sides - where they belong (restore the obverse to its original design)! With these coins and the soft metal in their cores, the only things appropriate for their edges are stars.

    Otherwise, I fully agree, I like this series.

  13. MoneyHungry

    MoneyHungry angle in an earth suit

    I like the 2012 design also. WarNickelFinder is right about it being " a step up" from this year's design.
  14. james m. wolfe

    james m. wolfe New Member

  15. Clint

    Clint Member

    Sounds like a good strategy to me. Or I might just buy a roll 4/26, and get a nicer one in the proof set :yes:
  16. Conder101

    Conder101 Numismatist

    Except the strategy won't work. The direct ship option has been discontinued so your only option now are the rolls.
  17. FMT15

    FMT15 New Member

    Quick question.. since I don't know too much about dollar coin circulation. Would banks have rolls of these? Or do I have to buy from the mint or from ebay?
  18. Conder101

    Conder101 Numismatist

    If you are talking about the 2012 coins, those will have to be purchased from the mint or from a coin dealer. Banks will not have them.
  19. snapsalot

    snapsalot Member

    Why wouldnt banks have them?
  20. Shreadvector

    Shreadvector Member

    Because of the sleazy politics of the Crane Paper Company.

    Click on the “get involved” link and send a message to your Representative and Senators to replace the rag-dollar with the dollar coin and save us 4 to 10 Billion Dollars.






    The above article has links to all of the GAO reports, including the newest reports that address questions that Senator Brown from MA (where Crane Paper Company is located) asked. If you read it, you will see that the GAO folks were flabbergasted by at least one of the questions (I’m not sure if they felt it was illogical, silly or irrational).

    One of the most interesting things the pro-dollar coin forces have done to cling to the rag-dollar is the investment in millions of dollars of new equipment that is used to determine currency fitness at the Federal Reserve. Yes, the new goal is at least 50 months of life, up from the old 18 month life of a dollar bill. Of course, the impact to citizens and business of this new fitness standard is yet to be felt. You see, these old notes will be in much worse condition than before and the new equipment has just started to be used. You are not yet seeing 50 month old dollar bills, but you WILL. And they will be a massive problem for self-check stands, vending machines, and businesses that use currency counter and sorters. They will be rejected and jam in much greater numbers and the cost to the economy is going to be fantastic.

    Imagine not being able to buy your lunch food from the vending machine in your lunch room because the machines keep rejecting your tattered old bills? How about not being able to pay for parking when you leave a garage with an automated pay station because it rejects your bills? Not being able to get your train or bus ticket/pass?

    And, of course, the refusal to acknowledge that seigniorage is a real thing is one of the ways they pro-dollar bill folks attempt to discredit the GAO reports. Gee, who know the reality of the budget and the way the money supply works? The GAO or the pro-dollar bill people?

    The Federal Reserve and the Crane Paper Company make a lot of profit from dollar bills at the taxpayers expense. The anti-dollar coin campaign is getting worse and the facts are being twisted and becoming outright lies. And the anti-dollar coin attack dogs are also engaging in personal attacks against anyone who dares to speak up in favor of the facts and the dollar coin.

    Another argument for the dollar bill is that production of the paper at Crane Paper Company creates jobs. Let’s see….$146,000,000.00 per year savings for the taxpayers vs. how many jobs? Let’s say it is 200 jobs. That is $730,000.00 per job!! What an insane waste of taxpayer money! Yes, I know that the employees are not paid $730,000.00 salary, but the cost to the taxpayer to keep the dollar bill in production is that much.

    And businesses have already testified that they would save money year round using dollar coins instead of dollar bills. It costs less to handle and process dollar coins than dollar bills. As with any other efficiency improvement, there will be some initial capital investment – such as buying new cassettes for automated change dispensers at checkstands – but those investments are always made and business does this because they know they will get a positive return on that initial investment. They will save time and money on each transaction and on handling the money in the cash room. AND I already mentioned the problems that will cost business money when the older dollar bills flood the money supply and rejection rates and jams increase.

  21. FMT15

    FMT15 New Member

    So can i go to a bank for 2011- and before dollar coins?
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