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John Adams dollar prediction..................

2manycoins2fewfunds2manycoins2fewfunds Posts: 3,039 ✭✭✭
in U.S. Coin Forum
Unless there is an early and significant error found I can't see the mint being able to push 150,000,000 of these out the door.

Around here banks still have plenty of GWs left and I doubt the JAs will have the level of interest that GW had unless there is a speared/DDO/Godless/Dateless error identified early on to stoke the interest of collectors.

Comments

  • 291fifth291fifth Posts: 24,710 ✭✭✭✭✭
    The lack of demand for these dollars is going to cause so real problems for the treasury down the road. They don't seem to have thought this through. Just how many of these are they really going to be minting once they get a few years down the road?
    All glory is fleeting.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    And the time becomes ripe to discontinue the dollar bill... hmmmm what a coincidence... image Cheers, RickO
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    it would be sweet to see the one dollar bill vanish, the only way to get the dollar coins in circ.

    merchants can use the dollar bill tray for their paperclips and that would free up a slot for the dollars.

    and get rid of pennies AND nickels, too.

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    Many service industries have already moved to two dollar bills due to inflation image
    Private Mint News | 2010 Lincoln Reverse Finalists
  • BobaFett72BobaFett72 Posts: 7,304
    doomed to end up in stamp machines for 20 years.
  • JcarneyJcarney Posts: 3,154 ✭


    << <i>Many service industries have already moved to two dollar bills due to inflation image >>



    I can think of one....
    “When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin


    My icon IS my coin. It is a gem 1949 FBL Franklin.
  • orieorie Posts: 998 ✭
    The banks in my town, 400,000, didn't have any GW's after April 1st. They said that they wouldn't get anymore, because the Federal Reserve didn't want any in the banks when the Adams dollars came out.

    I'd like to know if there are many more on here who can still get these at the bank.
    Cool set...poor pics
  • SlangNRoxSlangNRox Posts: 774 ✭✭
    How would these "service industryies" react to not having dollar bills and just having dollar coins. It could become inconvient/dangerous for them, trying to collect the coins. Dangerous if they get tossed at them.
  • coynclectercoynclecter Posts: 2,111
    How many dollar coins have failed???

    Canada learned long ago that a dollar coin will not be used unless you remove the bill.

    When are we going to start using leadership instead of always giving the public what the want.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>When are we going to start using leadership instead of always giving the public what the want. >>

    image Let's see, you're elected to office and then you do things your constituency doesn't want? Sure that may last until the next election but what then? Of course that hasn't stopped some "leadership" image

    The issue with the ragbuck is that the economy can afford it. People typically only stop doing what they want when they can't afford it anymore. Did Canada stop their dollar bill because they didn't have China buying their debt and a SHQ program making $4 billion?
    Private Mint News | 2010 Lincoln Reverse Finalists
  • DJCoinzDJCoinz Posts: 3,856 ✭
    I'm for discontinuing the dollar bill.
    aka Dan
  • 2manycoins2fewfunds2manycoins2fewfunds Posts: 3,039 ✭✭✭
    By neccessity I'm personally discontinuing the dollar bill.
    I've got to get rid of all these GW dollars I've unrolled looking for Smoothies!
  • ColquhounColquhoun Posts: 545 ✭


    << <i>Unless there is an early and significant error found I can't see the mint being able to push 150,000,000 of these out the door. >>



    And that will stop the mint? The mint always reminds me of Chrysler back in the '70s, no one wants them? no worry park them over there and lets build some more cars. 20 or 30 years from now Presidental Dollars will still be warehoused by the millions. Presidental Dollar Act is the new Bland Act.. and the results will be the same, only this coin isn't a winner.

    "I am sorry you are unhappy with the care you recieved, is their anything I can do for you right now, how about some high speed lead therapy?" - A qoute from my wife's nursing forum

    "I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." – Thomas Jefferson
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>Presidental Dollar Act is the new Bland Act.. and the results will be the same, only this coin isn't a winner. >>

    Whether this coin is a winner or not won't be determined by this generation of collectors.
    Private Mint News | 2010 Lincoln Reverse Finalists
  • ColquhounColquhoun Posts: 545 ✭


    << <i>Whether this coin is a winner or not won't be determined by this generation of collectors. >>


    Very good point, people didn't really trip over themselves for Morgans until the 60s, and even in early 80s you somewhat got the feeling that Peace Dollars were the ugly little sister.

    "I am sorry you are unhappy with the care you recieved, is their anything I can do for you right now, how about some high speed lead therapy?" - A qoute from my wife's nursing forum

    "I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." – Thomas Jefferson
  • BearBear Posts: 18,953 ✭✭✭
    Lets discontinue all paper and revert to

    YAP currency. Only thing is, were gonna need

    reeaalllyyyyy big pockets and purses.
    There once was a place called
    Camelotimage
  • CoinHunter2003CoinHunter2003 Posts: 498
    "doomed to end up in stamp machines for 20 years."

    BobbaFett's the man!




    image
    Alex in Alaska
    Collecting Morgans in Any Grade
  • HoodlatchHoodlatch Posts: 310
    While we're on this particular subject, I would like to voice my opinion.....

    Faze Out The Dollar Bill!

    Today I was carrying 10 quarters in my pocket..No big deal! Would rather be toting 3-5 dollar coins instead.
    Audentes fortuna juvat
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    Compare these new dollars to the Sacagawea. I predict subsequent issues will need to be purchased from the mint. image

    ...this is a Scientific WAG.

    ``https://ebay.us/m/KxolR5

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    On my last visit to USPS, I asked the teller if GW$s were popular there and she didn't even know what they were but did know about SBAs and Sacs. When I told her they were the same size as Sacs, she was very dismayed and didn't want to hear anything more.
    Private Mint News | 2010 Lincoln Reverse Finalists
  • sumnomsumnom Posts: 5,963 ✭✭✭
    No one seems to care that pennies and nickels are about the same size. Why all the fuss about dollars and quarters?

    During the last two weeks I got two rolls of dollars. The first was all Sacs. The second was a mixture of Sacs and GWs. Before that I got only GWs when I asked for a roll of dollars. It seems that the supplies of GWs that the banks around here had are already gone. It also seems that the GWs are already making their way back to the banks since the ones I got were clearly circulated. They sure do look better when they darken up a bit.

    Another thing I thought interesting is that all the new sacs I encounter at the bank or in the PO are dated 2001. Does that mean the zillion sacs minted in 2000 are finally all used up?

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    I predict his hairdo ain't any better than George's image

    ``https://ebay.us/m/KxolR5

  • ModernCrapNutModernCrapNut Posts: 2,086 ✭


    << <i>

    << <i>Presidental Dollar Act is the new Bland Act.. and the results will be the same, only this coin isn't a winner. >>

    Whether this coin is a winner or not won't be determined by this generation of collectors. >>



    I predict that in 2107 the Mint will announce they've discovered a quanity of uncirculated presidential dollars in their vaults and will offer them to the public.



    image
  • TexastTexast Posts: 1,899 ✭✭✭✭


    << <i>I predict that in 2107 the Mint will announce they've discovered a quanity of uncirculated presidential dollars in their vaults and will offer them to the public. >>


    Probably sooner than that, I have notice over the past few months roll after roll of 2001 and 2002 state quarters are showing up at the banks, there getting them from the fed while the new issues seem to be going out west. Guess they will unload the Prez bucks the same way in a few years.
    On BS&T Now: Nothing.
    Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
    Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
  • FlashpointFlashpoint Posts: 89
    My prediction is....More errors. Maybe a John Adams obverse with the SAC reverse combo. image
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>And the time becomes ripe to discontinue the dollar bill... hmmmm what a coincidence... image Cheers, RickO >>




    you mean maybe 'spiricy?




    image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • WritersblockWritersblock Posts: 1,196 ✭


    << <i>doomed to end up in stamp machines for 20 years. >>


    With the stamp machines being phased out within three years?
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>

    << <i>doomed to end up in stamp machines for 20 years. >>

    With the stamp machines being phased out within three years? >>

    Now those would be the ultimate "tomb" image
    Private Mint News | 2010 Lincoln Reverse Finalists

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