Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
President George H. W. Bush dollar coin
>
Reply to Thread
Message:
<p>[QUOTE="ThomasW, post: 4004264, member: 58109"]The dollar coins that have been made from 2012 onward haven't actually been intended for circulation. Before 2012 they WERE intended for circulation and many millions of each type were made, whereas much smaller numbers of each type have been made from 2012 onward, meant strictly for collectors. The mint probably does quite well on the sales of all of their various dollar coins, since the metal value of each dollar coin, which they sell for $1.00 plus a premium, is only about 5 cents.</p><p><br /></p><p>There are some places where dollar coins actually circulate quite extensively, such as in transit systems. In my local transit system, they are accepted and dispensed by fare machines at train and subway stations, and buses also use them. I sometimes find dollar coins there that are worn almost smooth from use. I've found that the SBA dollars wear very slowly, but the golden dollars don't hold up as well and wear much more quickly.[/QUOTE]</p><p><br /></p>
[QUOTE="ThomasW, post: 4004264, member: 58109"]The dollar coins that have been made from 2012 onward haven't actually been intended for circulation. Before 2012 they WERE intended for circulation and many millions of each type were made, whereas much smaller numbers of each type have been made from 2012 onward, meant strictly for collectors. The mint probably does quite well on the sales of all of their various dollar coins, since the metal value of each dollar coin, which they sell for $1.00 plus a premium, is only about 5 cents. There are some places where dollar coins actually circulate quite extensively, such as in transit systems. In my local transit system, they are accepted and dispensed by fare machines at train and subway stations, and buses also use them. I sometimes find dollar coins there that are worn almost smooth from use. I've found that the SBA dollars wear very slowly, but the golden dollars don't hold up as well and wear much more quickly.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
President George H. W. Bush dollar coin
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...