presidential dollar

Discussion in 'US Coins Forum' started by thedrew, Feb 8, 2007.

  1. Check_M_All

    Check_M_All New Member

    I guess I'll just go to the post office and use a $20 bill to buy a stamp from the machine. It gives the change in dollar coins, so I guess sooner or later it will be dumping out Presidents.
     
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  3. bama guy

    bama guy Coin Hoarder

    I think many of us in the small rural areas may be having the same problem. The banks are small and they are not going to keep a supply of currency that is hard to unload so to speak.

    now this is just a guess but would think in the larger towns and the larger banks that one could get about as many as one would want. I am not sure of this but are all us that are having trouble finding distributors live in little small places. any thoughts along this line?

    Also I understand that if you live in one area of the country then you will get only one mint mark and if you really want the P and D mint mark , you will probably have to order one or the other eventually
     
  4. Check_M_All

    Check_M_All New Member

    Gettysburg is definitely small and rural. Hanover is a bit larger, and it doesn't seem that even the larger bank branches there are going to get them. They just don't want them at all. I personally would like to see the bill killed and replaced with two dollar bills and one dollar coins, but I have not met anyone else outside of here who agrees... I was talking to a banker yesterday and she told me she would much rather have 10 $1 bills in her wallet than 10 $1 coins. I told her I'd much rather have 4 $2 bills and 1 or 2 $1 coins... she just rolled her eyes and said that it's just a matter of personal preference. The surprise on her face at the mention of a $2 bill was telling enough.
     
  5. Indianhead65

    Indianhead65 Well-Known Member

    The small town I live in (not far from gettysburg) will probably not get them in their banks. This is probably a coin we'll have to wait until some flow in from somewhere else or order from the mint.
     
  6. kidkayt

    kidkayt Senior Member

    First Spouse 1/2 Oz but only $10?

    Anyone know why the content of the First Spouse coins is 1/2 Oz,
    but the denomination is only $10? Seems curious?
     
  7. Aidan Work

    Aidan Work New Member

    Kidkayt,the First Ladies issue is a bullion medal-coin issue.It has $10 on it so that no-one would think it was a medallion,plus it has been authorised to have that on it by the relevant Act(s) of Congress pertaining to the First Ladies programme.It will cost you way more than $10 to buy,which is why these are medal-coins (NCLT).

    Aidan.
     
  8. mrbrklyn

    mrbrklyn New Member


    this is an ignorant POV by the banker, IMO. Its easier to have a 10 dollar bill than 10 singles or 10 coins. HOWEVER, it is a HECK of a lot easier to buy my coffee with a dollar coin than to stumble around and reach into my wallet, risk losing my credit cards, and pull out single bills to make my payment for trivial items like cofe and a newspaper in the morning when runnng around in the trying to catch my train.

    I guess I can crumble my singles and shove them into my pocket like I do coins, but that would really suck and I'd likely lose them during the day.

    Ruben
     
  9. bama guy

    bama guy Coin Hoarder

    .9999 gold like the buffalo's . It has to have a dollar amount to be considered a coin and not a medallion or token. The way gold is going up and down, especially up lately a true value would change daily.
     
  10. Check_M_All

    Check_M_All New Member

    Yeah, I'm not sure about that move either... On the American Eagles, the 1/4 ounce coin is denominated $10 and the 1/2 ounce coin is a $25 coin.
     
  11. kidkayt

    kidkayt Senior Member

    Does anyone know if the Post offices will have Presidential dollars in change in the machines exactly on the
    15th or will they phase in gradually?

    Thanks
     
  12. satootoko

    satootoko Retired

    Check back with me on Wednesday. :D
     
  13. Check_M_All

    Check_M_All New Member

    Wednesday's the 14th, Roy... Not a good day for a married chap to get mixed up on.
     
  14. Check_M_All

    Check_M_All New Member

    I still don't understand that... it's still a half ounce of 24kt gold, right? The American Buffalo is a one ounce 24kt coin and it is denominated $50 the same as a one ounce eagle. I've never seen a Buffalo, but I would imagine that it is smaller than the eagle since it doesn't have the copper in it. Why should the half ounce First Lady coin not be denominated as high as the half ounce Eagle? Both at $25...
     
  15. satootoko

    satootoko Retired

    [​IMG] Ooops - misread my calendar - meant Thursday.[​IMG]
     
  16. satootoko

    satootoko Retired

    Depending on last year's election results in your district and state - ask your Congressman and Senators (or their predecessors). They're the ones who voted to designate the denomination of the Betterhalf Bucks! :rolleyes:
     
  17. ericl

    ericl Senior Member

    You forgot Ronald Reagan. If Carter is still alive (only the good die young) in 2016, he'll be next on the list and will also have a doller that year.
     
  18. ericl

    ericl Senior Member

    Aaaaaaaaaaaaaaaaaaaargh! NOT THIS AGAIN!!!!

    AAAAAAAAAAAAAARG! The official "nickname" of the one cent piece is "the PENNY." it always has been and always will be. The official nickname of the five cent piece is: the NICKEL." That's what they're called, so stop *****ing about it.

    got it?

    I'm going to get the presidential dollars in the unc. and proof sets, and maybe if I find one in circulation, I might be happy. But until they get rid of the sawbuck, then what's the point?
     
  19. Speedy

    Speedy Researching Coins Supporter

    From what I hear the Post Office is getting rid of the machines that give out the Dollar coins so the answer would be that they would not have them on the 15th....but that could just be a story that I heard.

    Speedy
     
  20. GDJMSP

    GDJMSP Numismatist Moderator

    From the USPS web site - announced in April 2006

     
  21. satootoko

    satootoko Retired

    There's nothing official about it. If you don't agree with me, you are free to ignore my posts.

    BTW, we keep our disagreements civil at CoinTalk. Smart @ss remarks directed at a member who is not a Moderator, get deleted quickly.

    Speaking of nicknames, a "sawbuck" is a $10 bill. A $1 bill is just a plain "buck".
     
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