Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Stop Collecting Presidential Dollar Coins
>
Reply to Thread
Message:
<p>[QUOTE="Conder101, post: 1190044, member: 66"]It depends on whether or not Carter dies by 2014. If he doesn't then he will not be eligible for his dollar since he will not have been dead for two years when his turn comes, and the mint is interpreting the law in the sense that the President must be honored in the order in which they served. That means no skipping over one. So at the moment they do not have Reagan on the schedule for production.</p><p><br /></p><p><br /></p><p>No, the law states that once the last eligible president has been honored the series ENDS. Personally I don't like that. If you are going to have a coin that honors the president it should honor ALL of them. Yes that means a never ending open ended series but so be it.</p><p><br /></p><p>As to whether or not it is a good idea to hoard rolls to sell sets once the series ends, Look at the state quarters for a precedent. There too people hoarded rolls of the coins for eleven years to make up sets. Go price 56 and 112 coin sets and see how much they are making. Not much. And you will have more than four times as much money tied up in the coins. Then factor in time value of money, and you will probably decide it is pretty much a break even or even a losing proposition.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1190044, member: 66"]It depends on whether or not Carter dies by 2014. If he doesn't then he will not be eligible for his dollar since he will not have been dead for two years when his turn comes, and the mint is interpreting the law in the sense that the President must be honored in the order in which they served. That means no skipping over one. So at the moment they do not have Reagan on the schedule for production. No, the law states that once the last eligible president has been honored the series ENDS. Personally I don't like that. If you are going to have a coin that honors the president it should honor ALL of them. Yes that means a never ending open ended series but so be it. As to whether or not it is a good idea to hoard rolls to sell sets once the series ends, Look at the state quarters for a precedent. There too people hoarded rolls of the coins for eleven years to make up sets. Go price 56 and 112 coin sets and see how much they are making. Not much. And you will have more than four times as much money tied up in the coins. Then factor in time value of money, and you will probably decide it is pretty much a break even or even a losing proposition.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Stop Collecting Presidential Dollar Coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...