Are the Pres. dollars available at banks today?

jmj3esq

I just went to my local Wells Fargo at opening and asked the teller if they had the new Pres. Dollar coins. The guy just looked at me with a blank stare as if he had no idea what I was talking about. He actually had no idea that the Mint was issuing these coins. Another teller overheard my question and she also had no idea. She said that they probably will never get them. Considering she didn't even understand what "them" were I have no idea what to think. I am appaled by the teller's lack of knowledge. Its not like these things have not been advertised all over the place. The fact that their manager had not even informed them that they may be coming is also troubling. What if I would have brought in a bag of them to cash in?

I just wanted to rant. Does anyone know when these things will be available?

ziggy29

<< <i>I am appaled by the teller's lack of knowledge. Its not like these things have not been advertised all over the place. >>

That's on the bank manager, IMO. It is his/her responsibility to make sure their tellers know about new types of money they may be seeing in the future.

Barndog

they are available at many banks today

sonoranmonsoon

My branch of Bank Of America said they are expecting their first shipment in about 7 weeks.

boatbldr

I called 5 banks around my area here in N. Colorado yesterday, the earliest any will get them is next Wednesday, and we're only 70 miles from the mint. Some said around the end of the month.... you might as well relax for a week or two.

Caricon

I saw a news report on Cnn.com today about it. I'm going to my Wells Fargo bank today too and will ask.
See what type of faces I get. Tells you one thing about those tellers you talked to at your bank, they know
nothing about coins or currency. Being a teller is just a job for them.

Geoman

Yeah, the tellers are just not informed of this. I have been asking ever few days at my local Wells Fargo. The first teller I asked last week, said stop back this Thursday, they will have them in. I then asked 3 more tellers throughout last week and this week, and none of those 3 tellers knew anything about the new Presidential Coin.

I am running over on my lunch break, so hopefully, they will have them in today. (And also I hope I don't get a teller with a blank stare when I ask.)

Barry

Until the paper dollar is pulled, another dollar coin is an exercise in futility.

fishcooker

Hey they ain't paid to be coin collectors.

Goldbully

Gerald Ford is #38


UNITED STATES MINT PUTS FIRST PRESIDENTIAL $1 COIN INTO CIRCULATION

George Washington to be First in Historic Presidential $1 Coin Series

WASHINGTON - The United States Mint today released into circulation the new George Washington $1 Coin, the first in a series of $1 coins honoring former United States Presidents.

The George Washington $1 Coins are legal tender and can be used for commerce and collecting. All Presidential $1 Coins are designed to work in most coin machines, including parking meters and vending machines.

Modeled after the United States Mint’s successful 50 State Quarters® Program, the Presidential $1 Coin Program will feature systematically rotating designs of former United States Presidents. The George Washington $1 Coin marks the first of four Presidential $1 Coins to be released this year, with John Adams, Thomas Jefferson and James Madison to roll out later in 2007.

The United States Mint celebrated the debut of the George Washington $1 Coin with a special Presidential $1 Coin Exchange in New York City featuring a brigade of armored cars delivering the coins to Grand Central Terminal. The United States Mint is offering financial institutions and retail businesses nationwide free informational materials via www.usmint.gov/$1coin. Schools and educational organizations can also access lesson plans and other educational tools on the same webpage.

"Americans will soon be receiving Presidential $1 Coins in their change and will find them convenient to use at retailers, car washes and vending machines. I even suspect the tooth fairy will love leaving these beautiful coins under pillows," said United States Mint Director Edmund C. Moy. "The Presidential $1 Coins will also be educational. Like the 50 State Quarters Program, these coins will invigorate interest in American history."

Presidential $1 Coin Program
The Presidential $1 Coins are being introduced as a result of the Presidential $1 Coin Act of 2005, which requires the Secretary of the Treasury to mint and issue $1 coins honoring the United States Presidents in the order in which they served. According to a study commissioned by the United States Mint, about half of Americans surveyed said they are interested in collecting the Presidential $1 Coins – but according to Director Moy, their appeal does not end with collecting.

"Congress recognized that the 50 State Quarters Program showed how a systematically changing design can spark public interest in a circulating coin, and we’re hoping to build on that success," Director Moy said.

Traditional Subjects, Unique Design
The designs of the coins are bold and dramatic. The traditional inscriptions of "E Pluribus Unum," "In God We Trust," the date and the mint mark are featured on the edge of the coins making the Presidential $1 Coins unique among today’s circulating coins.

The new Presidential $1 Coins are identical in color and size to the Golden Dollar featuring Sacagawea, and have the same distinctive rim and tactile features to assist the visually impaired. The face of each coin will feature an original image of a former President and the years of his term of office. The reverse of the coin shows an image of the Statue of Liberty and the inscriptions "United States of America" and "$1."

Distributed through Banks and Other Financial Institutions
The United States Mint and the Federal Reserve System are working together closely to make it easier for businesses and the public to obtain the new coins as they are released. The Presidential $1 Coins will be shipped to banks and other financial institutions in rolls and small bags, unmixed with other dollar coins. For each new coin, banks may order and store the coins up to two weeks prior to the introduction so they will have supplies on hand on the release date. The coins will be available in unmixed rolls and bags for four weeks after the introduction of each design. When each new Presidential $1 Coin is released, the special ordering process begins again.

Presidential $1 Coin Release Schedule
Each President will be honored with a single $1 coin, regardless of the number of consecutive terms he served, except for Grover Cleveland, the only United States President to serve non-consecutive terms. He will be honored on two coins. No living former or current President can be honored on a coin.

Year President Years Served
2007 1 George Washington 1789-1797
2 John Adams 1797-1801
3 Thomas Jefferson 1801-1809
4 James Madison 1809-1817
2008 5 James Monroe 1817-1825
6 John Quincy Adams 1825-1829
7 Andrew Jackson 1829-1837
8 Martin Van Buren 1837-1841
2009 9 William Henry Harrison 1841
10 John Tyler 1841-1845
11 James K. Polk 1845-1849
12 Zachary Taylor 1849-1850
2010 13 Millard Fillmore 1850-1853
14 Franklin Pierce 1853-1857
15 James Buchanan 1857-1861
16 Abraham Lincoln 1861-1865
2011 17 Andrew Johnson 1865-1869
18 Ulysses S. Grant 1869-1877
19 Rutherford B. Hayes 1877-1881
20 James A. Garfield 1881
2012 21 Chester A. Arthur 1881-1885
22 Grover Cleveland 1885-1889
23 Benjamin Harrison 1889-1893
24 Grover Cleveland 1893-1897
2013 25 William McKinley 1897-1901
26 Theodore Roosevelt 1901-1909
27 William H. Taft 1909-1913
28 Woodrow Wilson 1913-1921
2014 29 Warren Harding 1921-1923
30 Calvin Coolidge 1923-1929
31 Herbert Hoover 1929-1933
32 Franklin Delano Roosevelt 1933-1945
2015 33 Harry S Truman 1945-1953
34 Dwight David Eisenhower 1953-1961
35 John F. Kennedy 1961-1963
36 Lyndon B. Johnson 1963-1969
2016 37 Richard M. Nixon 1969-1974
38 Gerald R. Ford 1974-




Mint PR

BigDaddyz

I called over 20 banks in Little Rock yesterday....only 1 said they would have them today. I was there when they opened and they only had $1000, would only let me have $300.

All the other banks said they would not have them for at least another week and many said they would only get them when people deposited them.

ScarsdaleCoin

usually a bank branch has the option to order them in.....if enough of the customers ask for them they will....however dont hold your breath....yes some banks should have them today!

RedneckHB

A guy in my coin club received one in change on Monday.

renman95

My local Wells Fargo wont have them until the middle of next month. They get theirs from the Denver branch. I guess it takes a month to drive I-70 over Vail Pass to the Western Slope.

joeyuk

I just picked up 10 rolls at Grand Central Terminal .

jhusman

None in my area of Dallas, as far as I can tell. I've called a bunch with no luck

SpikeInPhilly

I picked up two rolls from my bank this past Saturday. The teller was surprised I asked for them but was happy to provide them. I don't know if she knew about the release date.

291fifth

Don't be surprised if many banks don't carry them at all. You can be sure they really don't want them. These are useless coins that exist because of congressional mandate.

ziggy29

<< <i>I picked up two rolls from my bank this past Saturday. The teller was surprised I asked for them but was happy to provide them. I don't know if she knew about the release date. >>

Are bank managers really that derelict? The tellers don't know about the coins, they don't know when they're first supposed to be allowed to give them out?

The managers should have scheduled a mandatory meeting at 8:30 for all tellers and other cash handlers -- or a half hour before they open -- to discuss the upcoming dollar coins so the tellers have no excuse for not knowing about them or when they can first distribute them.

BobaFett72

i wish they werent dragging this program over god knows how many years. that way, they just deem it a failure after ONE year

kimon1230

Interesting to see that the Mint hasn't listed Ronald Reagan in the 2016 series. I'm pretty sure he qualifies.

renman95

<< <i>Interesting to see that the Mint hasn't listed Ronald Reagan in the 2016 series. I'm pretty sure he qualifies. >>



I have a Lighthouse album that I bought from Whitman and it has the P and D slots all the way to GW Bush.

My album goes from GW to GW.

Ren

Preussen

I just picked up two rolls at the bank (credit union). I've opened one and am sadly disappointed by the quality (or lack thereof). I've looked through about 1/2 of one roll and haven't seen a single piece that makes me want to spend $20 on a Dansco for the series

I'm finding that most have decent reverses, but the obverses are pretty marked-up. Maybe I'll find some better ones - I remain cautiously hopeful -Preussen

joeyuk

Because someone asked.

Garneteye

Got mine at Bank of America in upstate SC, what an ugly coin! I intend on spending them, so no problem

WinPitcher

I opened a roll last nite and I agree the obverses are banged up, the reverse though are sweet.

Im thinking finding a 70 will be like finding a diamond in the ruff.


Steve

percyb

Not mine, yet.

MICHAELDIXON

None are available in New Market or Mt Airy, Maryland today.

MajorDuty

<< <i>... Its not like these things have not been advertised all over the place. >>



I have not seen them advertised outside of numismatic circles and web sites.

bluelobster

I went to Bank of America in Sarasota they said after 3pm tomorrow. I had to make a deposit at Suntrust and asked, she just said "how many rolls do you want?"..sweet!

Same N.F String rolls that everyone else is getting.

BECOKA

<< <i>My branch of Bank Of America said they are expecting their first shipment in about 7 weeks. >>



My BofA says the 20th. I can wait 5 days.

eyore

photo with flash

eyore

why not add a few more these are taken with flash

ScarsdaleCoin

We received a bunch of rolls....quality is lacking and the design is terrible.........


bummer....another really bad attempt!

LALASD4

They don't look so good.

One bank had them in this area but they are all gone already.
One will get them tomorrow.

messydesk

I stopped at two banks today at lunchtime. One said they'll have them next Wednesday, the other had them today, so I got 4 rolls. I guess I'll find out what mint they are when the grades post.

eyore

finally got a good pic with out flash

CoinHusker

Limit 2 rolls per customer at my bank. I stopped in over lunch hour and was told I was the first to purchase a roll.

WarNickelHoarder

I picked up 6 rolls at the bank this morning and they are already on their way to Newport Beach.

cohocorp

the chick at my local commerce bank here in nj says they are not getting them. by her tone though i dont really think she knew what she was talking about.

holeinone1972

Forget the bank buy them slabbed on ebay already.

Junky NGC Gem BU here.

pf70collector

Good Luck, Many banks put limits on them. One would only give out a measley 5. I managed to obtain 20 rolls in the P. One bank had no limits and said first served. Unfortunately depending on where you live you will only get a P or D from banks not both.

macjeff

I went to 5 banks at lunch today in Downtown Chicago. LaSalle, Bank of America, Harris, Chase, and Fifth-Third. Of these only Chase had any, and I had to plead with a manager to sell me one roll as I'm not an account-holder.

My roll has finger-smudges on the end coins already. I should open it up and spend 'em, I think...

As an aside, what do you say to a non-collector when they try to paw all over a coin, or roll, and you ask them not to touch the surfaces and they give you that look? You know, that "what are you, nuts-why shouldn't I touch a stupid coin" look?

*sigh*

claychaser

No luck at Bank of America in CA today.

macjeff

Wow, this thread died fast! Anyone else want to report their luck or lack thereof?

FullStrike

I got two rolls today. They shore be ugly critters. If the others don't pretty up, the series may die and sit in Bank Vaults. Soon they will only be of interest to roll & bag collectors.

Preussen

<< <i>They shore be ugly critters. >>

That's putting it mildly IMO. I have a big pile of them to spend, and none worth keeping. -Preussen

sfs2002usa

The Wells Fargo's in the Denver area all have them starting the 21st according to the operator.

Murphy

I got the last roll that my bank had today around lunch time. Evidently they got a box in yesterday and had a long list of people who each reserved a roll. Mine were very early die state to mid early die state. No water spots. Some dings and scratches, but not as many as I have seen on a lot of statehood quarters. Some were almost free of dings. I really liked the condition of mine and will probably go back to other banks in my neighborhood for more tomorrow. I don't particularly like the looks of this first one because the portrait on the front reminds me too much of the quarter, but I'm sure the following presidents will make them more fun to collect.

Geoman

I picked up 5 rolls today at Wells Fargo. Not too much interest though. Two of the 5 tellers have them. Each teller had $500 to start (must have split a $1000 box between them) and were keeping track on a notepad how much was left. I went over lunch, and bought my 5 rolls. The teller took out her notebpad, and I saw the $500 crossed off, and the $475 crossed off. The she wrote $350 after I bought my 5 rolls. So I can only assume that between open and lunch, 2 people got 1 roll each until I bought my 5 rolls.

LindeDad

Went to four different banks first three said in a couple of weeks. The forth said come back in about an hour. Went back and they said did you want just one roll? I said no give me twenty.
Got twenty rolls. The first I opened looks like they would grade in the low 65ish range. Lots of handling marks some strike flaws and such. But they will buy a donut off the roach coach at work. Plan on trading some and helping out anyone that wants a roll or two.