Dollar coins

Are the Native American and Presidential dollar coins considered to be regular circulation coins, or collector only? I know they are legal tender and can be (and are) spent, but is that their intention?

 

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Right now you could consider them collector pieces because the Federal Reserve doesn't release them into circulation and the mint only strikes enough to satisfy collector demand.

 

mostly collector now. you try and spend a presdential dollar and some cashiers go what the heck is that ??? lol

 

Spent two yesterday for a Big Gulp at 7-11...........

 

Yeah, the cashiers today....a real mind trip.

 

I never see them in circulation here in the South. When I go to New York, I get them in change all the time. I guess people use them for the subways.

 

They are used a lot here in Ma. in $10/20.00 change machines. Even the USPS gave them up shortly after trying them in their stamp machines.

 

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I have spent them also held up a store line with a cashier's yelling to their manager Do we take Them???
That what is happening at times. One place I know you should not have a problem is US Postal office they take all the time.

 

Reminds me of the time on the Ma. Pike. A girl who took my order says "That will be $6.56 cents sir" I gave her a $10.00 bill and exact change. She totally freaked out, started to cry, and said "I'm so sorry, I don't know how to do this. I just graduated from High School". Well girl-"Here's Your Sign".

 

I have Kennedy half dollars done with the same question too. But post office I have not had any problems with.

 

We have a local poolroom that dispenses dollar coins in their cigarette machines.

Chris

 

I've actually told some cashiers to "enter the amount I gave you into the cash register". Then the light bulb turns on when the register figures out the correct change. It's quite amusing.

 

A $10, a Sac $, a Kennedy half, a nickel, and a cent? Yeah, that would blue-screen most cashiers.

 

I was a manager of a kmart store years ago and I would say that your opinion of cashiers is not even close to the horrid reality of them. Just give one a two dollar bill, the reaction is comic gold.

 

Until 2012 they were circulation coins. All after that were made only for sale to collectors.

 

I owned a retail buisness with eleven employees. All had to be cashiers as part of their job. As part of the interviews for the job, I made them count change. Went through tons of perspective employees before hiring one.

Mistakes are made entering cash tendered in the register all the time. $10 easily becomes $100. And the idiots will give what the register said back without even thinking.

The only good thing about them not knowing money was they would call me for verification and I picked up some really neat stuff at face value.​

 

I just use them in vending machines. No confused looks that way.

 

If you really wanted to freak her out you should have given her a dollar coin along with the 10.56.

 

In Sacramento the ticket machines for light rail give them out in change. $5 bill for $2 ticket -- you get 3 of them in change...

 

The light rail mass transit systems are the major consumer of the small size dollars and have been since the SBA. They are the reason the Treasury has a draw down of about 8 million coins a month (about 96 million coins a year) on the stockpile. at that rate they have about a 20 year supply.