USA: Next Presidential Dollar

[kena]

I can't remember the last time I saw a dollar coin....must have been last year when i got a mint set.
What are they doing with them?

Dale

I read a news article that a bunch of the dollar coins were sent to Zimbabwe.

Ken

[Bimat]

I just looked and there isn't a single US President dollar coin in my collection outside of mint sets.  I should go to the banks around here and see if I can get a few.  Good trade material I bet and while some are not all that ascetically pleasing, the series is interesting enough (to me).  Looks like I have ignored that collecting oportunity.....I have done the same with State Quarters and maybe I should not have.

Yes, no matter how boring some of the portraits are, it's still an interesting theme to collect (to me at-least)..I do collect them mint-wise. And as Christian mentioned, they are not expensive so that's an added advantage. My favorite Presidential dollar? May be Lincoln (Don't have it in hand yet but the portrait looks neat)..

Aditya

[Prosit]

I now have 2011-D Garfield.  The girl at the bank said she stocked $750 worth and can't
get customers to take them.  I bought a roll.

Dale

I just looked and there isn't a single US President dollar coin in my collection outside of mint sets. 
Dale

[Figleaf]

You could make a free contribution towards a balanced budget by spending them. You can meet any muttering by claiming that it is a patriotic duty to use coins, since it saves Uncle Sam money.

Peter

[chrisild]

But since that uncle of his has recently decided to stop making most of these coins, in order to save money , it will be hard for him to convince his fellow citizens that the issue is a different one ...

Christian

[Prosit]

I suspect that they will still be in sets and I do like the uncirculated sets...don't care for the proof sets.
It remains to be seen if any will be available from the mint by the roll.  Either way, mintages will be much reduced.
If you only collect circulation coins you can maybe mark the rest of the series off your list.  That presents a slight problem for
series collectors.

I can't seem to get too excited about it either way but the series is a bit more interesting to me now.
Dale

But since that uncle of his has recently decided to stop making most of these coins, in order to save money , it will be hard for him to convince his fellow citizens that the issue is a different one ...

Christian

[Figleaf]

I was going to say the same thing, Dale. Now that the rest of the series is cancelled, the circulation issues have a story that makes them more interesting.

Peter

[kena]

My P/D Garfield coins are on their way to me from the US.

My source is going to try to continue getting them in 2012 but no one knows exacrly how the US mint is playing to offer the cons in 2012.

Somehow I ended up with the proof versions for 2009 and 2010 in the US mint holder.  Wonder if I should try to get the 2011 ones that way.

Never was a fan of this series, think the Native American series is better but time will tell if those will be available as well.

But then again, the President dollars were better than the front of the SBA dollar coins.

Ken

[chrisild]

circulation issues

Ha.   Well, the first presidential dollar coins I found interesting, but I have never quite understood why it was so important to move the religious motto, and only that, from the edge to the obverse on the later pieces. What I did and do like is the reverse design with the Statue of Liberty.

Design wise, the Native American Dollars are more attractive anyway. Just got the 2011 piece a couple of days ago. And I hope that at least this series will continued to be issued regularly ...

Christian

[Prosit]

Surely you did not expect reasonableness and logic from the US Gov?  Those are characteristics that are missing more often than they are present.
Missing a LOT more often.
Dale

....... but I have never quite understood why it was so important to move the religious motto, and only that, from the edge to the obverse on the later pieces......
Christian

[chrisild]

Surely you did not expect reasonableness and logic from the US Gov?

Let's discuss that once the European voices of reason and logic have "solved" the crisis here.

Christian

[Prosit]

Viel Glück   
Dale

Let's discuss that once the European voices of reason and logic have "solved" the crisis here.

Christian

[Figleaf]

Coin's demise nixes need for 4.7M lbs. of copper
December 14, 2011

With the White House decision to halt the presidential dollar coin program, the U.S. Mint will no longer have need for what this year amounted to 4.7 million pounds of copper in brass-manganese strip sourced from two domestic fabricators.

The U.S. Mint produced 297.4 million of the $1 coins for circulation this year, sourcing all of the strip needed to make them—about 4.7 million pounds of copper, 318,600 pounds of zinc, 185,900 pounds of manganese and 106,200 pounds of nickel—from Olin Brass Corp. and PMX Industries.

Source: Metal Bulletin