Presidential Dollar

Discussion in 'US Coins Forum' started by Indianhead1990, Nov 27, 2006.

  1. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    All things considered, I would prefer to have the gold, silver, nickel and copper put back into the coinage than to quarrel about the words on the coins. I just want the money to be honest, valuable, and not subject to devaluation; but not necessarily inspirational.
     
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  3. mrbrklyn

    mrbrklyn New Member

    Send your dishonest money to me.

    Ruben Safir
    1163 East 15th Street
    Brooklyn, NY 11230

    You wouldn't want any dishonest money hanging around, let alone money without value!
     
  4. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Ruben,

    Upon receipt of authenticated $20 liberty gold coins, I'll fax you the money at melt value. Please let everyone know that the fax is as good as gold when you go to spend it.

    It also might be a good idea to remove your address for security purposes.
     
  5. mrbrklyn

    mrbrklyn New Member


    I don't know what this has to do with you sending me all the $20.00 bills that are, according to you, dishonest and valueless. I want to do you a favor and lift the burden of dishonesty and feelings of valuelessness. You asked me to counterfiet money in return?

    Really cloudsweeper, the last Jewish guy who offered to remove your feelings of dishonesty and valuelessness was Jesus. I would have thought you would have appreciated my offer.

    As per my address, my address is a matter of public record do to my licensure (aside from it being on my resume), so don't sweat it.

    If you put it into google maps you'll see me waving!



    Ruben
     
  6. Moen1305

    Moen1305 Mysticism and Tyrants

    I believe that you both owe me money honest or dishonest, makes no difference to me. I won't go into the details of both of your debts online but send the money as soon as possible. Christmas is just around the corner after all. I'm sure there are other folks around here that agree with me so send them a couple of bucks too. I don't wish to seem greedy after all. :whistle:
     
  7. Jhonn

    Jhonn Team Awesome

    As a non-religious person, the motto might as well be "In Fish We Trust." Nations come and go. Mottoes are forgotten, and emblems of national unity eventually turn into static icons. Any collector of ancient coinage will understand this well. What did the personification of Roma on a coin mean to a Roman during the Republican age? Maybe a lot. What does it mean to us today? Not much. Just a relic of a past long dead...
     
  8. Fish

    Fish Half Cent Nut

    Yes! You can trust me!

    Fish
     
  9. Treashunt

    Treashunt The Other Frank

    Okay folks, in order to settle this dispute in an honorable fashion, please note that I am willing to act as an intermediary for all involved.
    Accordingly, please forward all of your unwanted, dishonest money to me, asap. I will see to it that those filthy bills are distributed in an equitable manner, namely to my local coin dealer, who is willing to accept those disgusting bills in exchange for a nice 1901 S Barber Quarter that I have been drooling over.
    I will place your names on the back of the coin in your memory, so that your acts of kindness and consideration will not be forgotten.
    Thanks again.
    Frank
    :hail:
     
  10. Jhonn

    Jhonn Team Awesome

    Ha, I picked that word completely at random. The irony never ends!!! :D
     
  11. Speedy

    Speedy Researching Coins Supporter

    I have to agree with Doug on this one---in one way this topic is kindof going away from the main topic---Presidential Dollars---and we don't have anything to worry about because when Moy released the new dollars the other day it has IN GOD WE TRUST on the rim.

    Speedy
     
  12. Drusus

    Drusus Pecunia non olet

    In god we trust was not made the US motto until this century (50's) and was not on our coins until some religious people petitioned to put god on our money around the civil war...

    "The motto IN GOD WE TRUST was placed on United States coins largely because of the increased religious sentiment existing during the Civil War....Secretary of the Treasury Salmon P. Chase received many appeals from devout persons throughout the country, urging that the United States recognize the Deity on United States coins. It was found that the Act of Congress dated January 18, 1837, prescribed the mottoes and devices that should be placed upon the coins of the United States. This meant that the mint could make no changes without the enactment of additional legislation by the Congress. In December 1863, the Director of the Mint submitted designs for new one-cent coin, two-cent coin, and three-cent coin to Secretary Chase for approval. He proposed that upon the designs either OUR COUNTRY; OUR GOD or GOD, OUR TRUST should appear as a motto on the coins.
    Another Act of Congress passed on March 3, 1865. It allowed the Mint Director, with the Secretary's approval, to place the motto on all gold and silver coins that "shall admit the inscription thereon." Under the Act, the motto was placed on the gold double-eagle coin, the gold eagle coin, and the gold half-eagle coin. It was also placed on the silver dollar coin, the half-dollar coin and the quarter-dollar coin, and on the nickel three-cent coin beginning in 1866. Later, Congress passed the Coinage Act of February 12, 1873. It also said that the Secretary "may cause the motto IN GOD WE TRUST to be inscribed on such coins as shall admit of such motto."
    The use of IN GOD WE TRUST has not been uninterrupted. The motto disappeared from the five-cent coin in 1883, and did not reappear until production of the Jefferson nickel began in 1938. Since 1938, all United States coins bear the inscription. Later, the motto was found missing from the new design of the double-eagle gold coin and the eagle gold coin shortly after they appeared in 1907. In response to a general demand, Congress ordered it restored, and the Act of May 18, 1908, made it mandatory on all coins upon which it had previously appeared. IN GOD WE TRUST was not mandatory on the one-cent coin and five-cent coin. It could be placed on them by the Secretary or the Mint Director with the Secretary's approval.
    The motto has been in continuous use on the one-cent coin since 1909, and on the ten-cent coin since 1916. It also has appeared on all gold coins and silver dollar coins, half-dollar coins, and quarter-dollar coins struck since July 1, 1908.

    law passed by the 84th Congress (P.L. 84-140) and approved by the President on July 30, 1956, the President approved a Joint Resolution of the 84th Congress, declaring IN GOD WE TRUST the national motto of the United States. "

    --From US treasury fact sheet.

    Now 'E Pluribus Unum' WAS our official motto and certainly, IMO, if our money has a tradition it would be the word and the concept 'Liberty'

    I prefer 'E Pluribus Unum' as a national motto...just has class and a sound concept of unity....also I like the concept of 'Liberty' on our coins because if the US stands for anything it would be freedoms and liberty....

    To me 'In God We Trust' was a more recent addition that was put on at the pressure of a religious contingent a bit later in our history and agreed by elected officials wanting to appeal to those who were pressuring them and doesnt represent a concept that IMO the US truely stands united on...but then again I am not one of those who cares if it is there or feels it needs to be removed...I dont care...but I would care if they removed Liberty....
     
  13. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Ruiben,

    I said I would prefer money to be honest, valuable and not subject to depreciation. Somehow this set you off, so I presume that you are the one who finds this objectionable for some mysterious reason. I took your original post to be an attempt at humor, Personal attacks are a good way to get banned. So forget that I ever addressed you. As Speedy pointed out, it's off topic anyway.
     
  14. Drusus

    Drusus Pecunia non olet

    If you wanted an 'honest' gold 20 dollar coin...that would be a very small coin :)
     
  15. mrbrklyn

    mrbrklyn New Member

    I was just thinking that they should scrap this Presidential series, and instead have an Einstien Coin for circulation which will not have the Motto 'In God We Trust' and instead will say

    'God does ***NOT*** play dice with the Universe'

    On the reverse it will say

    'What happens in Vegas - Stays in Vegas'



    Ruben
    :whistle:
     
  16. RickieB

    RickieB Expert Plunger Sniper

    "From the Mints Web Site"


    "QUOTE"
    In addition to its recognition of the Presidents on $1 coins, the United States is honoring the First Spouses through the issuance of uncirculated and proof one-half ounce 24-karat gold $10 coins emblematic of the spouse of each President during that President’s term of service. The United States Mint will issue these coins under the same yearly release schedule as their corresponding Presidential $1 coins. These 24-karat gold coins generally will have an obverse image of the First Spouse and a reverse image symbolic of that particular First Spouse’s life and work. The United States Mint will also strike bronze medals that bear the likenesses of these coins. The law calls for alternative designs to ensure program continuity through periods in which the President served without a spouse. The Act also calls for the production and release of 24-karat American Buffalo Gold Bullion Coins as well as a redesign of the one-cent coin in 2009 to commemorate the bicentennial of President Abraham Lincoln’s birth."

    For me it's the Ladies!! This will be a huge set ofCommems!! Get em boys..wrestle them down to the ground and rope em up!

    RickieB
     
  17. wooden nickle

    wooden nickle New Member

    I do not think President dollar will circulate. Do think it will be boom for mint and popular with new collectors much like the state quarter. Love my no motto St.
     
  18. tracy5900

    tracy5900 Coin Hoarder

    presidential dollars

    i want to collect washington, jefferson, kennedy, and future clinton only. and the first lady, future mrs. clinton only.
     
  19. mrbrklyn

    mrbrklyn New Member


    I don't take it personal but you do tend to relentlessly beat the drum on this and your basic assuptions on money theory is wrong. We can go back and look at threads where this have been discussed ad nusium pointing out all the ways your wrong about this, based on fact, not hypothesis.

    Current coinage is not dishonest, or valueless, and the use of those terms is more 'dishonest' than our currency. If you take anything I've said about this personally, you have my appologies. I've gone to great pains not to insult you because I know that whenever anyone disagrees with you on this that you take it very personally.

    Rest assured though that your money is today honest and with real value. It better be because the vast majority of money in the world is electronic.

    Ruben
     
  20. satootoko

    satootoko Retired

    I suppose you realize that they will have to die at relatively young ages to get coins.

    That brings up a question I don't see answered in the law. What happens if a president is deceased a full two years before his coin is due, but his spouse dies during the two-year window? Does she get a coin?

    How about if she's still alive when his coin is due?
     
  21. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Ruben, I take nothing on the internet personally, so you don't have to apologize because you said nothing wrong. You are definitely in the majority on this issue, and I'm definitely in the minority. If it was a voting contest, you would win. But I think my facts and reasoning are correct -- only time will tell -- and that's all that matters. I don't ever recall saying that fiat money is valueless [the exchange value rates high], but it definitely loses value over time [the store of value property rates low]. I'll probably continue to beat the drum from time to time here and elsewhere because the issue is important and maybe it will inspire one new person to occasionally look into the subject; and then again, maybe not. I find that some people intuitively understand the argument the first time they hear it. But if they don't immediately take to it, they never do.

    I wish they would sneak a pinch of silver into the new presidential dollars, and then I'd probably collect them.
     
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