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<p>[QUOTE="ThomasW, post: 4005072, member: 58109"]The dollars sitting in storage will eventually be used up over a long period of time. They will be siphoned off for use in areas that use dollar coins, such as vending machines, toll roads, transit systems, etc. When small dollar coins were first introduced in 1979 (the SBA dollars) and weren't successful, millions of them were put into storage. They lasted for about 2 decades, but by 1999 they were all used up and an emergency batch of SBAs had to be minted that year. Then, in 2000, mintage of the Sac golden dollars began. There are many more dollar coins in storage now than there were back then, so it will take quite a while to use them all up, unless, of course, the powers that be decide to stop making dollar bills. If that happens, the stored dollar coins would disappear in a hurry! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie50" alt=":happy:" unselectable="on" unselectable="on" /></p><p><br /></p><p>I agree with you that the mint should make the stored dollar coins available for sale to collectors. They can sell them at a premium to collectors, instead of otherwise just letting them go at face value for use in general commerce. There are a number of older presidential dollar coins that I now wish I would have bought before the mint stopped selling them at the end of 2017.[/QUOTE]</p><p><br /></p>
[QUOTE="ThomasW, post: 4005072, member: 58109"]The dollars sitting in storage will eventually be used up over a long period of time. They will be siphoned off for use in areas that use dollar coins, such as vending machines, toll roads, transit systems, etc. When small dollar coins were first introduced in 1979 (the SBA dollars) and weren't successful, millions of them were put into storage. They lasted for about 2 decades, but by 1999 they were all used up and an emergency batch of SBAs had to be minted that year. Then, in 2000, mintage of the Sac golden dollars began. There are many more dollar coins in storage now than there were back then, so it will take quite a while to use them all up, unless, of course, the powers that be decide to stop making dollar bills. If that happens, the stored dollar coins would disappear in a hurry! :happy: I agree with you that the mint should make the stored dollar coins available for sale to collectors. They can sell them at a premium to collectors, instead of otherwise just letting them go at face value for use in general commerce. There are a number of older presidential dollar coins that I now wish I would have bought before the mint stopped selling them at the end of 2017.[/QUOTE]
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