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<p>[QUOTE=&quot;19Lyds, post: 1014706, member: 15929&quot;]For the Presidential Dollars, until the paper dollar goes bye bye, the 1,981,870,000 that have been produced since January 2007 will never be used in day to day financial transaction.</p><p>&nbsp;</p><p>For the Sacagawea Dollars, until the paper dollar goes bye bye, the 1,610,601,110 that have been produced since January 2000 will never be used in day to day financial transactions.</p><p>&nbsp;</p><p>Total small Golden Dollar Prodcution since 2000 has been 3,592,471,110 (3.5 billion).</p><p>&nbsp;</p><p>I&#039;d like to believe that the US Treasury Department is continuing to produce and stockpile these coins for that day when they announce the discontinuation of the Federal Reserve One Dollar Note. That would save an estimated $10,000,000 in production costs.</p><p>&nbsp;</p><p>As for collectibility, the shear volume of coins produced so far insures that they will not be scarce under &quot;current&quot; conditions but should the paper dollar go away, that could change. However, premium based coins will still only exist for high grade examples for these early years primarily because 95% of the production has never been seen. This includes errors. </p><p>&nbsp;</p><p>The annual production of paper dollars for fiscal year 2009 was 2,636,800,000 bills. I would expect this figure to reduce by as much as 90% since replacing coins (lifespan = 30 years) occurs with much less frequency than replacing paper bills (lifespan 18 months) but it would still generate better than 30 million dollars each year. Spread that across 5 different coins and your looking at variety rates of 5 million coins each spread over two different US Mints. It could have an impact on future collections and coin availability.</p><p>&nbsp;</p><p>But, thats in the future, for today: </p><p>&nbsp;</p><p>DON&#039;T look for the golden dollars to get melted since they do represent a viable currency for the country. (Even the SBA&#039;s were available well into the 1990&#039;s in $2,000 bags from the US Mint.)</p><p>&nbsp;</p><p>DON&#039;T look for significant values on current Presidential Dollars (excluding High Grade examples) since there is quite literally, a buttload of them to choose from.</p><p>&nbsp;</p><p>DO look for increased usage and possible renewed collecting interest as more and more folks come into contact with these on a daily basis should the paper bill go away.</p><p>&nbsp;</p><p>I would also expect $2 and $5 coins in the future.[/QUOTE]</p><p><br /></p>

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