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Will the Presidential dollar issue impact the hobby similar to the State Q Program?

BigAlBigAl Posts: 1,217 ✭✭✭
Will it attract more new collectors than did the state q program?

Will the new dollars generate increased interest in Morgan/Peace dollars down the road - similar to the how the new buffalo nickel spurred increased interest in the old buffalo nickel?

Comments

  • BearBear Posts: 18,953 ✭✭✭
    FLOP!
    There once was a place called
    Camelotimage
  • PrethenPrethen Posts: 3,454 ✭✭✭
    I don't think so. Personally, I just don't care. I would care a lot more if they were forced to circulate by pulling out the $1 bill from circulation. Wait around until they're all done being minted and then buy a complete set from eBay for just above face. I might end up eating these words, but I bet that's an accurate assessment of what will happen with all the State Quarters.
  • 53BKid53BKid Posts: 2,174 ✭✭✭


    The sad thing is that most kids are either too busy with their sports schedules, or on their video games and ipods to patiently work on collections any more. However, a couple of my kids' friends seem pretty interested in the novelty of the lettered edges and liked the obverses.

    I'd love to see more kids at coin shows, but I think it's just wishful thinking.
    HAPPY COLLECTING!!!
  • No. Dollar coins don't circulate. The new dollar coin program will have close to zero impact on the general public.


  • << <i>No. Dollar coins don't circulate. The new dollar coin program will have close to zero impact on the general public. >>



    Agree. I think you will see some of the 2007 issues in circulation but that will be it.
    The only place I see dollar coins is in the slot machines.
  • 53BKid53BKid Posts: 2,174 ✭✭✭
    Serious question: Why is the government so interested in seeing dollar coins circulate anyway, to save $?

    If that's the only reason, I wish they were at least as concerned over all the rest of their budgetary excess.
    HAPPY COLLECTING!!!
  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    There wont be a popular dollar coin until they get rid of the dollar bill. It's been over five years since I got a sac in change.

    David
  • It'll just be something else for the mint to stick on the end of a spoon and sell at a mark up.
    - -

    Ask me no questions, I'll tell you no lies.
  • PerryHallPerryHall Posts: 46,712 ✭✭✭✭✭


    << <i>Serious question: Why is the government so interested in seeing dollar coins circulate anyway, to save $? >>



    Serious answer: yes. Isn't this a good enough reason?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • RichieURichRichieURich Posts: 8,533 ✭✭✭✭✭


    << <i>No. Dollar coins don't circulate. The new dollar coin program will have close to zero impact on the general public. >>



    I agree with RedTiger, there will be near zero impact on the public. And don't even get me started on the "First Hags" series.

    An authorized PCGS dealer, and a contributor to the Red Book.

  • TorinoCobra71TorinoCobra71 Posts: 8,055 ✭✭✭


    << <i>FLOP! >>



    Bear Is Wise

    image

    TorinoCobra71

    image
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    B-b-b-but they'll be GOLDEN dollars.

    image
  • cladkingcladking Posts: 28,703 ✭✭✭✭✭
    They'll be important only if they circulate and this still seems improbable if they're
    passing laws against melting coinage instead of fixing the problems.
    Tempus fugit.
  • The presidential series will be far bigger than the state quarter program.The stq has started the average person to notice their change.With the elimination of the rag buck soon..which is inevitable... the pres bucks will circulate.
    ......Larry........image
  • OK, I'm going to go waaaaaaay out on a limb here. I have a hunch, and that is all it is, that interest in the Presidential Dollars will be high. Not as high as the Quarter program, but high enough that these things will circulate. I believe you will actually start to see these thing circulating and people looking at them.

    A year from now I hope people here point to this thread and say, "Wow, Wes was right on target about those Presidential Dollars! I better let him handle ALL my numismatic investments!"

    image
  • $12.50 face plus cost of a folder to put them in vs $43+ face and a folder = FLOP!

    The "casual" collector is likely to balk at tying up nearly $50 (by the time the program ends).
    GO AHEAD! I DOUBLE-DOG DARE YOU TO RATE ME A 1!
  • PerryHallPerryHall Posts: 46,712 ✭✭✭✭✭
    I doubt the president dollars will circulate. If they did, they would be immediately pulled from circulation by the public like the Kennedy halves. I do believe promoters will advertise them heavily in the popular press which will raise the publics awareness of the coin hobby and will generate some new collectors.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 53BKid53BKid Posts: 2,174 ✭✭✭


    << <i>

    << <i>Serious question: Why is the government so interested in seeing dollar coins circulate anyway, to save $? >>



    Serious answer: yes. Isn't this a good enough reason? >>



    I'd love them to save us money, but all they appear interested in doing is spending more

    and more

    and more

    and more

    and more

    and.....
    HAPPY COLLECTING!!!
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    no
  • I think it'll be a flop, also. I have to admit I started with the state quarters, and it drew me back into the hobby. But I have to admit, also, that I've grown bored with the state quarters, and now can hardly wait for them to be done. Besides I may not be around for the end of the presidential series....
    "Toto, we're not in Kansas anymore"

    My Registry Sets

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