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

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?
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?
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Camelot
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.
<< <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.
If that's the only reason, I wish they were at least as concerned over all the rest of their budgetary excess.
David
Ask me no questions, I'll tell you no lies.
<< <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
<< <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.
<< <i>FLOP! >>
Bear Is Wise
TorinoCobra71
passing laws against melting coinage instead of fixing the problems.
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!"
The "casual" collector is likely to balk at tying up nearly $50 (by the time the program ends).
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
<< <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.....
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