Coin World reports possible 2020 Gold (not golden) Sacabuck plus other 2020 US Mint products...
(Note: Thread title changed to reflect CY 2020, not 2019...)
Oh boy!
Coin World reports:
Calendar year 2019 is shaping up to be an exciting year for numismatic products from the United States Mint, including the possibility of a Sacagawea gold dollar to mark the series’ 10th anniversary.
coinworld:Gold Sacagawea dollar is a strong possibility in 2019
Really? Anyone else excited about a 22k or 24k Sacabuck for the 10th anniversary of the coin?
Also being reported is a Maple Leaf/Libertad/ASE set, perhaps in a special finish, and a presidential medal/intaglio set (joint venture with the BEP).
Anyone remember the presidential signature sets?
coinupdate:Presidential Dollar Historical Signature Sets
I have all eight of these someplace. They actually look pretty cool...
Comments
OK, what am I missing here?
Sacagawea Dollars started in 2000, this is 2018. That is 18 years.
OK, I just figured that they must be talking about 10 years of The Native American changing design,,,,,,, I still wouldn't call that a 10 year anniversary.
The way they're describing the 2000W, the article is probably supposed to say the 20th anniversary. (And 2019 would be the 20th anniversary.
18 years, but the 19th issue of the coin. 2019 would be the 20th issue of the sacabuck.
(If you can find it, see the complaints about the 20th ASE set issued in 2006. It was actually the 21st release of the coin.)
The Mint Director had some 2000-dated Sacagaweas struck in gold in 1999. See www.smalldollars.com
As I recall it went rather badly for him, since the striking was not authorized by Congress.
Can we get a proof gold one with a struck in retained plastic in the shape of a flower?
I want mine flown to the moon and back.
Mine looks so very Golden to me but yes I'll get a gold one to match
Be careful with that salt air, seriously.
Yes, I was here then and remember this.
Now if they make a Indian $5 or $10 gold i'm in but not if it's a Sac. And call it The American Indian tribal coin series now that will be one I would buy.
Hoard the keys.
I've always liked the Sacagawea Dollar design, and I'm interested to see what they do. In their zeal to milk collectors as much as possible, there's a good chance that the Mint will screw it up.
I knew it would happen.
I handled my first Sacajawea dollar in 1999, and own one struck in 1999, so what anniversary is this?
I am not really interested in a gold Sac....However, a series such as @Type2 showed above would be really great... I would go for that...an entire series of Indian Chiefs...Cheers, RickO
A lot of people did, then the novelty wore off when 10 quadrillion identical one were made in 2000, so they spent their Cheerios prizes because they were no longer "special".
The pack rats who kept their Cheerios dollars got the last laugh....
I believe the couple handfuls of gold 2000 Sacs were of questionable status because Congress never authorized them. I also believe that Congress does have some latitude with gold now (not sure when hat was granted) but maybe they need to stick with certain weights of bullion coins?
So, will a gold Sac be authorized, or will it be minted under existing authority as was used for the dime/quarter/half gold versions from a couple years ago?
Sacagawea herself could have handled THESE gold coins.
@topstuf that 02 is a good looking coin. Love the crust.
Let me be the first to start a b.s. rumor that: “OMG! The U.S. Mint accidentally released some real gold Sackungowa dollars along with the golden ones! Squeeeee!”
If it is 22k and a half ounce gold proof like a 1/2 gold eagle 27mm, (The Sac is 26.49 mm), it might be Ok.
I really wish more new "coins" being minted would be put in circulation and not sit in display boxes or safes.
How about some circulated actual coin silver "dollars" again, maybe Liberty Seated Dollar obverses or something else interesting like the Chiefs above, with say $10 legal tender and millions will start collecting again, and yes, saving some too, like the Constitution envisioned.
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526
Let me be the first to start a b.s. rumor that: “OMG! The U.S. Mint accidentally released some real gold Sackungowa dollars along with the golden ones! Squeeeee!”
That would be a fun fiasco - if the Mint "accidently" released a few salted rolls of gold Sacs into the banking system along with the regular distribution. I guess that would only work if Sacs actually circulated, which makes the following comment more relevant:
How about some circulated actual coin silver "dollars" again, maybe Liberty Seated Dollar obverses or something else interesting like the Chiefs above, with say $10 legal tender and millions will start collecting again, and yes, saving some too, like the Constitution envisioned.
I couldn't agree more! At some point, we can only hope that there might be a general recognition that the money supply should be based on a stable foundation such as precious metals instead of an unsustainable credit ponzi, as issued by gov.com
<POP!> Was I dreaming again?
I knew it would happen.
Not many people handled one in 1999. I saw one at a press conference in October.
Oh, i see. First ones minted in late1999, released in 2000....
I haven't looked into the specifics (because, I'm not that interested, and I don't want to look it up ), but Diehl's problem was (probably) he struck coins in gold that were identical to a coin already legislated to be stuck in brass/manganese.
If he had changed the design (e.g. given the coin a par value of $25) and not used the dies for the brass buck, it might have been okay. But then it never would have been done to strike a couple dozen coins.
By legislation, the US Mint can make a gold coin in any weight/design it wants, so long as they can get SecTreas to sign off on it. (For instance, the last American Liberty minted in 1ozt and 1/10th ozt.)
That said, if a Sacagold (<-- new word) is stuck next year, it will be on existing fractional ASE/Buffalo plachets to save money. An AGE blank for 22k, a Buff blank for a 24k strike.
Only if a tornado picks up West Point and drops it in Philly or Denver....
Annnnd... What's the date on the coin?
(Edit to add the second question...)
There are also 24k 1/2 ozt buff blanks. Even if the Mint doesn't strike 24k fractionals, doesn't mean they can't source the plachets. See the 100th anniversary WLH gold commems released a couple of years ago.
Happens all the time. the FSQ's, the ATB's, the prezibucks and the new Innobucks.
You should really be careful what you ask for. You might get it.
That would require an Act of Congress. Who gave us the FSQ's, the ATB's, the prezibucks (and the first spouse series) and the Innobucks. Sure you still want that?
Really, you need to read the law, and what it allows the Mint to do.
The coin I handled in October of 1999 was dated 2000-P. I happened to study the tail feathers and count them, and then when the regular coins came out at the end of January I noticed that they had been changed, and I wrote about it in COINage. Later I wrote that the earlier reverse version might have also been used in the Cheerios-packaged dollars, and it was soon confirmed.
TD
I am fully aware that Congress and the administration were responsible for doing away with silver coins in 1964, and they are responsible for what the Treasury/Mint can do going forward. I agree some of the approved coin Bills recently are quite PC, and many are not very popular, but some members in Congress might consider getting back to what the founding fathers wanted for coinage, at least in a small way with some circulated silver coins.
The President wants the Treasury to print money to pay off the debt. Remember the talk of a trillion dollar Platinum coin back in 2012? There will be new debt ceiling talks soon, if someone in Congress proposes a Trillion dollar coin with Trump on the obverse, and MAGA on the reverse, at least one person in the White House will be tweeting favorably about it.
Edited to add, yes now there is a law that says no living people on coins until 2 years after their death, but laws can be changed and there have been 6 different living people on US coins in the past.
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526
Personally I think they need to issue something really ( but realistically ) off the wall, like a $100 Million , $500 Million , maybe a $1 Billion Coin. Then maybe the Billionairs would carry them as Challenge Coins. Strike them with different designs, maybe someone will start a Registry Race.
🤥
Actually, 1964 has nothing to do with it. These laws existed long before the change to clad. (Dating back to the 1800's.)
Here's a link to what the US Mint is currently allowed to do:
31 U.S. Code § 5111 - Minting and issuing coins, medals, and numismatic items
Here's a link to the coinage the Mint is allowed to strike:
31 U.S. Code § 5112 - Denominations, specifications, and design of coins
Note the first line:
The Mint is hamstrung under these laws. And any hope congress will actually change our coinage is tilting at windmills...
The best congress seems to be able to do these days is commemorative coins. Look at how well those have turned out lately...
I am confused by the dating back to the 1800's comment.
The 31 U.S. Code § 5112 - Denominations, specifications, and design of coins that I look up, says effective Jan. 7, 2011 and just under that it references the "Short Title" is Gold Bullion Coin Act of 1985 Liberty Coin Act.
The top of the page says United States Code, 2006 Edition, Supplement 4, Title 31 - MONEY AND FINANCE.
It seems to me laws, bills, and codes have changed a lot since the 1800's?
I guess the Mint surveys need to be forwarded to Congress, and agree not much happening there.
In that case, I guess I don't want to worry about what the Mint can or can't do, as long as it doesn't cost taxpayer money to fund it. No one is forcing me to like, or buy anything that they sell. However, I doubt that minting 8.6 billion Lincoln cents in 2017 was really cost effective...or necessary to meet demand. LOL
National Commemorative Medals of the U.S. Mint:
https://www.pcgs.com/setregistry/u-s-coins/medals-tokens/national-commemorative-medals-united-states-mint-1940-present/alltimeset/195526