Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Presidential Dollar coins to be discontinued?
>
Reply to Thread
Message:
<p>[QUOTE="Conder101, post: 1632025, member: 66"]The circulation coins made money for the Government too. Thanks to the Senators previous bill the government lost around $400 million this year that the mint wasn't able to turn over to the General Fund as they had in previous years. (In other words the Senators bill to save the government money and to save the $3 million+ that the new storage facility would cost, actually ended up reducing the government income by $400 MILLION.)</p><p><br /></p><p>And currently the series ends at Ford Unless Carter dies before the middle of next year that will be where it ends. If he does die then it extends through Reagan. And once it is over it is over. It would require new legislation to issue any more coins after it ends in order to honor any further Presidents that die. The law as currently written is unclear on whether or not a living president can skipped over to get to a dead one. It could be interpreted either way. The Mint has taken the stance that they can't be skipped and their listing of issue dates ends with Ford. It did end with Nixon until Ford died. </p><p><br /></p><p>If Carter does die there is a fairly good chance that Bush will probably become eligible as well. Both are the same age with Bush a little older, and Bush has not been in good health recently.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1632025, member: 66"]The circulation coins made money for the Government too. Thanks to the Senators previous bill the government lost around $400 million this year that the mint wasn't able to turn over to the General Fund as they had in previous years. (In other words the Senators bill to save the government money and to save the $3 million+ that the new storage facility would cost, actually ended up reducing the government income by $400 MILLION.) And currently the series ends at Ford Unless Carter dies before the middle of next year that will be where it ends. If he does die then it extends through Reagan. And once it is over it is over. It would require new legislation to issue any more coins after it ends in order to honor any further Presidents that die. The law as currently written is unclear on whether or not a living president can skipped over to get to a dead one. It could be interpreted either way. The Mint has taken the stance that they can't be skipped and their listing of issue dates ends with Ford. It did end with Nixon until Ford died. If Carter does die there is a fairly good chance that Bush will probably become eligible as well. Both are the same age with Bush a little older, and Bush has not been in good health recently.[/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
>
Presidential Dollar coins to be discontinued?
>
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...