Public Awareness of Dollar Coins

Recently, I’ve been spending dollar coins of all three presidents and Sacagawea at local shops and chain stores. I’ve noticed an increase in the number of clerks who seem to be reading the obverse of the presidential coins. Several have mentioned, “I don’t have that one,” or made similar comments suggesting they are collecting them by presidential type. A couple of clerks have asked if I had any more “Jeffersons” or “Adams,” and if I had them, readily exchanged them for paper currency. The local 7-11 clerk noticed some Jefferson dollars in my hand as I paid for my coffee, and asked if she could buy one from me. (No, I do not waste money at Star*ucks although one is just down the street from the 7-11.)
Has anyone else noticed this behavior by checkout clerks? Does it indicate the dollar coins may eventually circulate or does it suggest they will mostly be saved by new “collectors?”
Has anyone else noticed this behavior by checkout clerks? Does it indicate the dollar coins may eventually circulate or does it suggest they will mostly be saved by new “collectors?”
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Comments
<< <i>IMHO, they'll just be saved by new "collectors." Dollar coins won't work until the US takes the $1 note out of circulation. >>
Why do you put "collectors" in quotes? Is it because they are not paying a premium for their coins on the secondary market?
<< <i>Modern coins are boring and worthless. >>
Nice way to reach out to the "collectors" and future YNs out there.
In general, however, I agree that dollar coins won't circulate widely until the dollar bill is discontinued.
Levi's is coming out with a new line of jeans with reinforced pockets just for those who want to do this.
I just went to the restaurant and picked up my take-out lunch order, paid with them. Waited for the reaction. Cashier says "What? Am I supposed to comment on these? Get a life! Next!"
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
only add up to several dollars.
i would rather have a silver dollar worth face of 10 with the same size.
a smaller silver 5, and a smaller silver dollar, prob the size of a dime.
then you would have "real money" that is easy to carry and
can add up to make larger purchases.
i cannot remember the last time i paid less then a dollar while
standing to pay for something... hmmm
<< <i>Reinforced pockets? I don't know why people think dollar coins are heavy. I have a few in my pocket right now and don't even feel them. >>
To fill up your car with gas, one of the most frequent purchases people make, would take, what, 30-60 of them? You don't feel them?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
I don't have a car so I don't buy gas all that much.
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>
<< <i>Reinforced pockets? I don't know why people think dollar coins are heavy. I have a few in my pocket right now and don't even feel them. >>
To fill up your car with gas, one of the most frequent purchases people make, would take, what, 30-60 of them? You don't feel them? >>
Your point is nonsense, or a feeble attempt at humor. I don't normally pay for my gas with a stack of $1 bills, either.
I spent two Adams coins for my coffee this morning and the cashier didn't even bat an eye.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
This is a distinct change from a year ago. I have been able to get almost the all the presidential coins (P&D) from requesting my change in dollar coins.
Although D mint marks are much harder to come by they do pop up.
I have had the best luck finding D mint mark dollars buying stamps at the local post office machines. The machines there will give you all your change back as dollar coins. If you put in a $@20 and cancel the transaction without buying stamps you get 20 BU dollars back. I haven't recieved a BU Sac in change from the machines yet this year. I laugh when I see the US mint commercials because I think someday they will do a commercial with a shot from a post office security cam showing me putting money into the stamp machine just to get the change!
way to close in size to a quarter- and some nut tried to give me 3 Suzies for change out of a buck! When I showed him the difference - he just said - Oh! no wonder why I am always short at the end of my shift!
I know I should have kept my mouth shut- but I'm an honest person- I don't need to rip anyone off for a few measly bucks.
If it were a few million......maybe...
Does it indicate the dollar coins may eventually circulate
No.
According to my bank, Huntington Bank in Dublin, Ohio, the federal reserve required, demanded purchases of the first two presidential coinS. The Banks were forced to purchase the rolls. On the third release, the Fed stop such demands. My bank told me that they stopped purchasing the presidential coins after the "Adams" release because they were not forced to purchase them.
IT'S ALL OVER
While on the subject of modern dollar coins, here's an interesting thing I realized the other day. All of the modern dollar coin designs, starting with the Ike dollar, have been signed into law by Republican presidents. I don't know what it means, but it is interesting. Ike was signed into law by Nixon. Susan B. Anthony was under Reagan. And the modern coinage is of course under Bush.
I should.
WTB: Barber Quarters XF
The SBA came out during the Carter administration and the Sac during the Clinton administration.