New $1 coins

Discussion in 'US Coins Forum' started by ShoeK, Apr 21, 2008.

  1. moneyfan

    moneyfan collector of coins/bills

    i agree
     
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  3. moneyfan

    moneyfan collector of coins/bills

    i was told the only sac's coming out in 08 were for sets and the 08's would come out in 09.
    crazy.
     
  4. spock1k

    spock1k King of Hearts

    world coin collector in IL thats great. what do you cllect and will you be at the CICF this weekend?
     
  5. Pocket Change

    Pocket Change Coin Collector

    Ha ha

    Ok Treashunt!!!! That's it!!!

    Just to test your theory, I'm going to start some thread on Sacajawea dollars and see if you can bite your tongue!!!

    I doubt it very much!

    Your severely toned, golden dollar friend..........
     
  6. ShoeK

    ShoeK New Member

    Spock1k i collect all world coins and also notes and US coins and notes. CICF is up in Chicago isn't? I'm down by St Louis.
     
  7. greglax45

    greglax45 Coin Hoarder

    It is great to get the word out on these coins. Don't feel ashamed that you have posted them because everyone here likes pictures!!!
     
  8. jmc7983

    jmc7983 Senior Member

    this is taken off of Wikipedia:
    Mintage #'s

    (P) (D)
    2000 767,150,000 518,920,000
    2001 62,470,000 70,940,000
    2002 3,869,000 3,733,000
    2003 3,080,002 3,080,002
    2004 2,660,010 2,660,010
    2005 2,525,000 2,525,000
    2006 4,900,000 2,800,000
    2007 3,640,000 5,740,000

    Though the Presidential $1 Coin Act of 2005 authorized a new dollar coin program featuring the Presidents of the United States, it also assured the future of the Sacagawea dollar. The act required that the number of Sacagawea dollars be at least one third of the number of the presidential dollars issued in each year of the program,[9] and that the Sacagawea design continue after the program ends. These requirements were added at the behest of the North Dakota congressional delegation to ensure that Sacagawea, whom North Dakotans consider to be one of their own, ultimately remains on the dollar coin.
    Federal Reserve officials indicated to Congress that "if the Presidential $1 Coin Program does not stimulate substantial transactional demand for dollar coins, the requirement that the Mint nonetheless produce Sacagawea dollars would result in costs to the taxpayer without any offsetting benefits." In that event, the Federal Reserve indicated that it would "strongly recommend that Congress reassess the one-third requirement."[10]
    Because of the Federal Reserve's remarks, Congress passed the Native American $1 Coin Act,[11] on September 20, 2007, which eliminated the one-third requirement and requested a new design for the Sacagawea dollar. Beginning in 2009, the Sacagawea dollar coin will be modified to further commemorate "Native Americans and the important contributions made by Indian tribes and individual Native Americans to the development of the United States and the history of the United States." Like the Presidential Dollar, the year of issue, mint mark, and mottoes will be moved to the edge of the coin to allow more room for the design.[12] The act further requires that 20% of the total dollar coins minted in any year during the Presidential $1 Coin Program be Sacagawea dollars bearing the new design. The new design will represent a important Native American event.
    Although not widespread in the United States, the Sacagawea dollar is very popular in Ecuador and other foreign countries that have made the US dollar their currency. Since dollarization, an estimated 500 million coins, approximately half of those minted, have been used in Ecuador, El Salvador, and other Latin American countries.[13]
     
  9. davdo

    davdo Senior Member

    Snaz, the date, mint mark and 'In God We Trust' on the Presidential Dollar coins are on the edge. In 2009 'In God We Trust' is moving to the reverse of the coin, I believe.
     
  10. green18

    green18 Unknown member Sweet on Commemorative Coins

    Bags and rolls go on sale (Mint) the 28th.
     
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