Presidential Dollar Coins, are they all dogs?

I was letting my Canon set the white balance for me, I'm going to try setting it manually and see how they turn out.

 

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I don't think it was a well done series, I personally don't collect them but I do collects Sacs. They also made billions of them and there are no different variety for the coins besides the missing edge lettering, that's it.

 

I've seen a number of them in mint sets that look like they were in a knife fight

 

That looks like somebody DIDN'T "LIKE IKE"!

 

I don’t expect my collection to be a retirement asset for me, but rather for my son, who turned 23 yesterday. That’s my collection timeline, not the few wretched years I have left.

 

You need to get off that island planet and help the Rebellion out Rebuild the Jedi order.

 

The total series has a mintage of 2.56 billion across the 2007-2016 coins, and 39 presidents. The more recent years (2012-2016) have surprisingly small mintages, but they were not released for true use in commerce.

 

The reason for the fall off is there was NO demand for them. With a billion or more lying untouched in the vaults, the Fed stopped ordering them.

The law required that they be minted, so the mint did NIFC. Even then, they didn't fly off the shelves.

So where is the demand going to come from that would push up prices????

 

There was no demand because the idiotic government continues to produce the paper $1 bill. The lack of demand for Lincoln cents doesn't seem to stop the government from minting more than 9 billion of them each of the most recent years.

No one ever said there was demand to push up the prices. As long as they remain a novelty not used in commerce, they will remain available in bags of UNC coins.

 

Can we hear your analysis of where the demand was going to come from for all those Morgan’s and Peace dollars that laid fallow for decades in canvas bags in vaults? It’s called the passage of time. Stupid laws demanded the production of those dollars too: the Bland-Allison and Pittman Acts.

 

Weren't the Morgan and Peace Dollars backing for the silver certificates?

 

Only in theory, because there never was a 1:1 correspondence.

 

Section 3 of the Bland Allison Act of February 28, 1878, created the silver certificates as receipts of deposit of silver dollars. Optional. So while that was the controlling legislation there would have been far fewer silver certificates in circulation than silver dollars.


http://legislink.org/us/stat-20-25