still being made. worth a buck. i have a ton that have turned an ugly color. what else is there to know?
The 2001 coins in Gem BU are worth something, but past that I would just get the typeset and move along to more fertile soil. Lots of speculation that this is the last year for the coin, and something will take its place. Dunno - I'll believe it when I read it on the usmint.gov site. Cris
I hope so. I never liked that coin. They need a coin that shows what America really is.... Girls, tv, fast food, and Snoop Dogg.
SAC Coins It seems that SAC D Mints in MS68 condition are getting pretty hefty premiums (>$150)...especially in PCGS MS68 condition. I hope this is the last year of the SAC dollar. I hope that they would scrap paper dollars altogether since it cost over $500 million to produce each year. I like the SAC color, but can't figure out why an Indian guide got her face on an American dollar instead of Lady Liberty or something like that. If you have D mints in MS67+ condition with full luster, they are selling!
not just a guide. Her name derives from two Hidatsa Indian words: "sacaga", meaning bird, and "wea", meaning woman. It is pronounced Sä-cä´gä-we-ä, with a hard "g". Clark would later explain that in taking Indian vocabularies great object was to make every letter sound."... In 1804 the Lewis and Clark Expedition arrived among the Mandan Indians of North Dakota. They hired the French fur trapper Toussaint Charbonneau and his Indian wife, Sacagawea, to guide them to the West coast. In the Northwest, Sacagawea has become a legend. Memorials have been raised in her honor, in part for the fortitude with which she faced hardship and deprivation on the arduous journey. Sacagawea was born in about 1786, probably near present-day Lehmi, Idaho. She was a member of the Snake tribe of the Shoshone Indians. In 1800 she was captured by a party of Hidatsa Indians. The Hidatsa Indians in turn sold her to Charbonneau. Lewis and Clark met the couple near present-day Bismarck, N.D. The explorers were especially eager to have Sacagawea along to help them make contact with the Shoshone, whose chief was her brother Cameahwait. On Feb. 11, 1805, she gave birth to a baby boy, Jean Baptiste, nicknamed Pomp by Captain Clark, who was taken along when the expedition set out on April 7. Sacagawea and her husband went with the expedition to the coast, and on the return trip they remained in North Dakota. It is possible that they later traveled to St. Louis, Mo., to leave their son with Clark to be educated. Sacagawea is believed to have died on Dec. 12, 1812, at Fort Manuel on the Missouri River in Dakota Territory. If so, her grave is located near Lander, Wyo. In 1875, however, an Indian woman claiming to be Sacagawea was living among the Wind River Shoshone in Wyoming. This woman died in 1884. she lived and died. where would we be if wasnt for lewis and clark. heck we have a nickel now that is all about them...
Loose the paper dollar! I am in favor of eliminating the dollar paper bill altogether! It's average life is no more than 18 months whereas it cost US tax payers over $500 million dollars a year just to issue this denomination. Not really a good return on this investment for such a short life-span. Until the mint drops the $1 paper and forces consumers to use the dollar coin, $1 coins will end up in drawers and collections like the Ike, SBA and now the Sacagawea. As for the retailers that will balk...tough! Did you ever try to put an old dollar bill into a Coke machine (as you are dying of thirst) only to have it spit out at you? The SAC coins looked great and would work perfectly IF comsumers didn't have a choice. The American public is very conservative with their money and are reluctant to change. Hell, the US mint spend millions just trying to educate the public about changes of the $20 bill a couple of years ago...and still some people didn't get it! In Canada and Europe, they pretty much eliminated their paper $1 bills for coins and it works well. [That is all they have done right over the last few years, so let's give credit where it is due.] Think about it, how often to you have more than 5 one dollar bills on you? If you do, exchange them for a $5 Lincoln the next time you buy something. I never was crazy for SAC to be on this coin. After all, she was just a 15 year old guide with a new-born kid translating for Lewis and CLark. Sure she helped them in their mission, but to put her on a US $1 coin...I don't think so, but this is the day and age of political correctness. I am not crazy about putting ALL of the presidents on this coin. I would prefer to pick from our founding fathers and those that signed the Declaration of Independence. [Oh, I forgot...some of them were slave holders like Washington and Jefferson, so they should be bansished too!] Look up how much these founding fathers gave up as their signature was a sure hanging if they were caught by the British. Madison, Henry, Franklin, Adams, Hancock, etc....these were the ultimate patriots and founders of this country! While I am here... The next time somebody uses an Debit/Credit card or writes a check to buy a candy bar in the EXPRESS line while I am late for work, I'm going to loose it. Here's a dollar coin, now get out of my way and pay for your freakin' candy with real money. Why is it I always get stuck behind pennyless morans in the express line that write checks for less than $2.00!?! AGH!! The dollar coin would help these "my-credit-card-is-maxed-out" shoppers and keep the express line...well an EXPRESS LINE! Next topic...enforcing 10 items and less and paying with CASH ONLY.
Hey Ed. Are uncalled for insults (That is all they have done right over the last few years) within the terms of this website agreement.I would never make that kind of remark about your country on any website let alone a forum about coins. Sorry about posting this but I am offended by your remarks.
I'm sure the moderators will agree that we should try to stick to coin and coin related issues and leave politics (except coin politics) for other forums. I kind of like the Sac dollar design, but it seems the mint did not test the coin's durability (it tarnishes before your eyes) and did not learn what works in other countries (get rid of $1 bills, use $2 bills, and make the coin FEEL different as well as look different, like the 12 sides of the Canadian loonie or the thickness of the British pound coin).
I have no problem pulling a Sac dollar out of a pocket full of change...It is thicker and has smooth, not reeded edges. Im all in favor of ditching the greenback.
The Sac will make it one more year. 2005 will be the end of this failed dollar. If congress gets its way, we will start the next failed dollar in 2006. The Fed will not drop the dollar bill. The last attempt has failed and the next hearings on the dollar bill are scheduled for next spring. This issue comes up each year.
Hey Pog - Nice story on the Sacky, thanks for sending it to the list. It helps to know a little history behind the coins. Does anyone know why the governmnet started the Silver Eagle Program? I have heard the US Government is out of silver, and they were buying all the old coin silver to melt. Why then start a silver eagle program? Thanks, Jim
hello rugen and thank you. try this link to find out more about the eagle program www.usmint.gov/mint_programs/index.cfm?action=american_eagles
The government has a reserve system in place for all the precious metals. When the levels fall to a few hundred thousand ounces, they buy on the open market. When the prices rise dramactally, as we have seen this year, they sell on the open market.
nd. i was wondering about this. the silver eagle is not made for circulation, correct. so that makes it worth the silver content alone. i know that the mint has to pay for their overhead and payroll etc. but doesnt this put a collector at a disadvantage to buy these coins? i mean say the market close at 8bux an oz and you have 500 ozs where would you get rid of the coins at market prices? without taking a loss?
The bullion program whether silver, gold, or platinum is always sold at a small percentage above spot price. Even though they carry a denomination of a dollar, or five, or even 100 for the one ounce platinum, they are traded as bullion. So throughout the day, the value of these coins will change. Some days, these are traded at a profit, and some days as a loss. In the end, it will always even out. As far as trading many ounces at a time, that really isn't a problem. Most of the larger dealers have the ability to move 500 to 1000 ounces with just a phone call. This is done between dealers mostly.