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What will replace the Presidential Dollar?
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<p>[QUOTE="Conder101, post: 2461499, member: 66"]Not a commemorative? What would it be then? It would be the 100th anniversary of the end of WWI, and you can't really make it a circulation coin if it is 1 oz .999 fine silver (unless you changed the denomination to say $50.)</p><p><br /></p><p><br /></p><p>Because collectors buy them at a premium price. They already get a nice profit from the seigniorage, and then an extra profit from the collectors premium. Whay wouldn't you continue making them. Besides most of the ones they sell at a premium are NOT going to come back and fill Fed storage.</p><p><br /></p><p>As to what happens when the President dollar series ends, the way the law is written the NA dollars should end as well, and any dollar coins produced after that are supposed to be of the Sacagawea design. I suspect they make ignore the law though and continue the NA dollars.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2461499, member: 66"]Not a commemorative? What would it be then? It would be the 100th anniversary of the end of WWI, and you can't really make it a circulation coin if it is 1 oz .999 fine silver (unless you changed the denomination to say $50.) Because collectors buy them at a premium price. They already get a nice profit from the seigniorage, and then an extra profit from the collectors premium. Whay wouldn't you continue making them. Besides most of the ones they sell at a premium are NOT going to come back and fill Fed storage. As to what happens when the President dollar series ends, the way the law is written the NA dollars should end as well, and any dollar coins produced after that are supposed to be of the Sacagawea design. I suspect they make ignore the law though and continue the NA dollars.[/QUOTE]
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What will replace the Presidential Dollar?
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