Presidential Oath Dollars?? Your advice

Discussion in 'US Coins Forum' started by coin101, Jul 10, 2008.

  1. coin101

    coin101 New Member

    I am relatively new to coin collecting and I have the opportunity to buy an Adams, Jefferson and Madison Presidential Oath Dollars for 80 bucks each. These were avaliable only at the Denver mint. They are graded by ANACS 66 and say 1,000 limted. Is this a good price? Any advice would be helpful. Thanks!
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. hontonai

    hontonai Registered Contrarian

    "Presidential Oath Dollars avaliable only at the Denver mint"?

    If these are not privately modified coins, how come they aren't mentioned anywhere on the US Mint's official website?

    In other words, IMHO you're looking at something in the same category with colorized coins, counterstamped coins, and tokens. Assuming they're modified real Denver Presidential dollars, they're worth a buck apiece.
     
  4. rlm's cents

    rlm's cents Numismatist

    I don't know diddly about the "Presidential Oath Dollars", but the first site I found on a net search is selling them for $49.95 each (www.collectorsalliance.com). So regardless of what you think of them as a collector's coin, $80 is TOO much.
     
  5. srkjkd

    srkjkd Book before coin

    greetings!
    i, personally, have never hearrd of "oath" dollars. please be very wary of hype and limited edition coins. also, learn to grade...not to take the numbers on a slab. at $80/ pop...i would look to investing it in education before you purchase anything.
    everyone wants your money, so be very cautious w/ it. i would listen to other commentary from experienced numismatists before trading the money for coins. only my humble opinion.
    my very best wishes,
    steve
     
  6. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I saw a photo of one of these. It looks like a regular dollar coin inserted into a silver-colored metal ring with the oath printed on it. So it's more like one of the "lucky penny" items you occasionally see than a unique coin.

    At least that's what it looked like.
     
  7. coin101

    coin101 New Member

    Thanks for the advice. 80 bucks does seem to much. I do know for sure they came from the Denver mint and were only avaliable if you phsycially went there. I think I will try to get him down to 40 and probably pick them up. They have been graded by ANACS and encased so I know that cost him some. I just didn't know how much the coins sold for at the mint, . Any other advice would be welcome.
     
  8. rzage

    rzage What Goes Around Comes Around .

    I'd stay away from them , can't find them on the US Mints site , most likely struck by some private mint calling itself the Denver Mint . Beware . Probably a gimmick .
    rzage
     
  9. coin101

    coin101 New Member

    These are not Gimmiks they are authintic coins from the Denver mint. That much I know for certain. I have researched them and found out that much for sure. They produced 1,000 of them and you could only pick them up at the Denver Gift shop, they did not offer them online. I can buy the Adams, Jefferson and Madison. The guy at the shop does not have a Washington and I can't even find one on-line. The cheapest I have been able to find them is for 49.95, with the help of someone on here. Not many people know about them, so that makes me think if I can get the price right they are worth buying.
     
  10. rzage

    rzage What Goes Around Comes Around .

    Well like I always say I learn something new here evryday , if they're only making 1000 sounds like a good buy .
    rzage
     
  11. coin101

    coin101 New Member

    Thanks zrage! I'm a newbie so any advice is appreciated!!! Especially advice from someone who is not so...shall we say pretentious!
     
  12. rzage

    rzage What Goes Around Comes Around .

    By the way welcome to CT , you'll find most people here are friendly & only want to help .
    rzage
     
  13. Crismo

    Crismo New Member

    Presidential Oath Dollars

    These very rare coins are a good example of how the earlybird gets the worm. 1800 of 3000 total coins were acquired, slabbed by ANACS and presented for sale by HSN. These coins (except for trace amounts) literally vaporized over 30 minutes of airtime. Were they an experiment? Probably. Were they the forefront of a new numismatic product line at the Mint? I doubt it.
    However they do exist in very, very limited numbers and if anyone can get their hands on one, PUT IT AWAY !
    I really can't think of another numiz comparison, hmmm, the cheerios Sac Dollar? limited to what, 2000? I forget, but the mind races...
    Give it time, keep an eye out in Coin World, they are usually on top of things!
    Oh, before I forget, if anyone out there has the George Washington Oath coin give me a holler, I need it to complete my collection.
     
  14. Pocket Change

    Pocket Change Coin Collector

    I did see them on HSN at 3 a.m. The spin they gave made them sound like they really did come from the Denver mint. I was screwing around on the computer, so wasn't paying much attention, but I remember thinking, "oh boy, the mint is doing it again." They also said there were only a 1000 in ANACs slabs
     
  15. Crismo

    Crismo New Member

  16. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter


    Absolutely not on the US Mint web site. BOGO.....BOGO.....BOGO.
     
  17. Conder101

    Conder101 Numismatist

    Definitely real dollar made by the US Mint, then taken by a promoter, placed in a metal ring, the ring is then stamped with the oath. They then got ANACS to grade them, something ANACS would not have done before Taylor purchased them, and sold these $2 items + $8 slab on HSN for $80. Final value? I'd pay $2 for one.

    (This is not an official item in any way shape or form. Just a private promotional item.)
     
  18. jmc7983

    jmc7983 Senior Member

    That is exactly my opinion word for word!!! YES the coin in the little fancy piece of metal came from the denver mint, no one is denying that, the part that is the scam is that they are trying too make it sound like a limited once in a life time deal here, that will be worth a fortune in the comming years, picture it this way, I am very good with metal fab. if i was too make one of those and put some print on the outside of the middle and set the coin in there and only make one of them, then in theory, my piece would be the only one in existance, so I would say the only one ever made, does that make it more valuable? short ans. is no, it is just another HSN marketing gimic, it is just like the whole first strike deal. please stear clear of this coin, it will not be worth anymore than a regular prez dollar, check the mintages, of the dollars man, they will never be valuable, especially in a MS-66 grade maybe 5-6 bucks. this is just like the "lucky penny" holders.
     
  19. jpendley

    jpendley Junior Member

    I have 3 of them. Need Washington to complete the set. The way i understand it, these coins were sold as souveniers at the mint. Coins and aluminum rings were made by the mint. Why else would ANACS grade and holder them plus put the mintage of each on the holder. Will call them tommorrow to see if there is any more info they have. edited
     
  20. coin101

    coin101 New Member

    Great jpendley, please let me know what you find out! I still haven't purchased the three but today is the last day my guy is going to hold them for me. Any info you get would be great!
     
  21. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Re-read what conder101 wrote. You are about to throw your money away.
     
Draft saved Draft deleted

Share This Page