New Presidential coins vs Sacs

Since the Mint is not stopping the production of the Sacagaweas yet still comming out with the presidential coins what will be the effect on each series?
Is anyone planning on putting together sets of the presidential coins?
February 15 George Washing $1 Coin Bags and Rolls
February 20 Golden Dollar Bags and Rolls
Is anyone planning on putting together sets of the presidential coins?
February 15 George Washing $1 Coin Bags and Rolls
February 20 Golden Dollar Bags and Rolls
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Comments
They will be in the annual proof sets won't they?
<< <i>I will collect the presidential dollars if they will come in the US Mint proof sets.
They will be in the annual proof sets won't they? >>
They will be a proof set all their own.
Ask me no questions, I'll tell you no lies.
John
<< <i>Since the Mint is not stopping the production of the Sacagaweas yet still comming out with the presidential coins what will be the effect on each series? >>
If memory serves, Sackies are to be minted in a fixed proportion to the Prexybucks, so if the presidential dollars are a success, there could end up being a huge oversupply of Sacagawea dollars.
So here's your conspiracy theory: since there will be so many Sackies sitting around in various vaults, the PTB will have to stop printing rag-bucks, or else the money supply will get all out of whack. We'll then get our metal dollars into real circulation, kicking and screaming all the way.
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So here's your conspiracy theory: since there will be so many Sackies sitting around in various vaults, the PTB will have to stop printing rag-bucks, or else the money supply will get all out of whack. We'll then get our metal dollars into real circulation, kicking and screaming all the way. >>
He is mine, they came up with this state quarter, sac, presidential, etc coins so they can print a big bunch of money that won't actually effect the money supply because suckas like us hoard it. Effectivly monetizing the debt on the collectors back.
<< <i>
<< <i>Since the Mint is not stopping the production of the Sacagaweas yet still comming out with the presidential coins what will be the effect on each series? >>
If memory serves, Sackies are to be minted in a fixed proportion to the Prexybucks, so if the presidential dollars are a success, there could end up being a huge oversupply of Sacagawea dollars.
So here's your conspiracy theory: since there will be so many Sackies sitting around in various vaults, the PTB will have to stop printing rag-bucks, or else the money supply will get all out of whack. We'll then get our metal dollars into real circulation, kicking and screaming all the way. >>
I think this is going to happen and it's comming soon. I believe they will come up with different rules/regulations that will force less and less rag dollars to be made, then eventually after the coins are in circulation they will just sell to collectors... then...POP, the rags will no longer be available...
I'm cool either way, I like spending the coins now... The look on some peoples faces ispriceless, especially the high school kid working behind a register at BK or something...when they look at it and call someone else over to ask if it's real...lol.
Ray