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Grade the US Mint's Presidential $1 Coin Program

A, B, C, D or F?

Not just the designs.

How would you grade the whole Mint Presidential $1 Coin Program?

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    bsshog40bsshog40 Posts: 4,030 ✭✭✭✭✭
    I graded the program a "D". As with the Statehood Qtrs, Park Qtrs, these programs, in my opinion, were aimed at getting people more involved with the monetary system and create new collectors. Afterall, the US Mint is a business. The dollars have done a better job of confusing the average person with What is What!! These programs may have also created a few more collectors but have eventually lost all the serious collectors. Both programs boomed in birth, but as they progressed, the values of most these coins are basically face. Most serious collectors are just selling these off now before they take too much of a loss!! As I stated, Just My Opinion!!
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    I put C because people still buy them here,
    I would have went A+ if they would have discontinued the paper dollar leaving it as our only choice.
    Support your local Coin Shop
    LM-ANA3242-CSNS308-MSNS226-ICTA
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    pf70collectorpf70collector Posts: 6,864 ✭✭✭
    I gave it a D also, but do collect the silver parks proofs in pcgs dcam70s. The designs are way better than presidential dollars.
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    BaleyBaley Posts: 22,663 ✭✭✭✭✭
    it was going along just fine, I was buying 2 or more rolls of each president (D-mint) from my bank, putting aside one of the rolls, and opening one of the rolls, picking the best 2 coins, putting one in my collection and trading the other with an east-coast collector who was doing the same for the P-mint coins... and then spending the rest of the coins locally and when I travelled, doing my part in promoting their circulation... and then.. the mint..

    Stopped. Releasing. Them. At. Face. Value.

    end of story for me.

    I'll be damned if I will buy them for a premium to complete my set or spend.

    "D"

    Liberty: Parent of Science & Industry

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    TwoSides2aCoinTwoSides2aCoin Posts: 45,324 ✭✭✭✭✭
    As a dealer, it (the program) is kind of a drag, though I like the "history refresher course". As a collector, it's bad if a guy only needs one of each coin, including proofs, primarily because of what Baley said. Premium to "FACE" is 40% plus shipping and handling.
    Kind of like a book and reality tv show in economics at the same time.

    Catch 22 like a falling knife, if a guy is in it for "the money " As a collectible, the reverse bores me.

    edit to change "spot" to "FACE" as value is factored.
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    AUandAGAUandAG Posts: 25,053 ✭✭✭✭✭
    I enjoyed collecting them until I had to pay to get them from the mint. I would buy a roll or two and
    do my own search and then send for grading. It was a challenge and fun. I had the 10th best Registry
    set when the Mint ended the free ship/face value program. I sold the set for a loss and could care less
    about them now.
    F is the grade I gave.

    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    BryceMBryceM Posts: 11,941 ✭✭✭✭✭
    F

    Drop the paper dollar and it goes to B.
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    LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭


    << <i>F

    Drop the paper dollar and it goes to B. >>




    image
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    JazzmanJABJazzmanJAB Posts: 1,032 ✭✭✭✭
    I graded them with a D.
    I was collecting the Proof Presidents, until last year when I received the 2013 coins, they were spotted upon receipt. I sent back and got more of the same.
    Then I looked at my past years and the 2010, 2011, and 2012 all developed stains and discolorations. I had a subscription for this series, and cancelled it last year.
    I thought it would be a no brainer to get this set completed, in a decent condition, from direct purchases from the Mint.
    Very disappointing.
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    D. They look nice and all but they don't "POP" for me. Reminds me of Chuck-E-Cheese tokens. Would much rather have seen a silver edition option to them like the quarter program. If they made those in the high reliefs like some of the Australia high relief coins, now that I would gladly pay the extra money. Maybe even guilded like this Palau. link
    Better to be thought a fool than to open your mouth and remove all doubt.

    jeff
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    FredFFredF Posts: 527 ✭✭✭


    << <i>I would have went A+ if they would have discontinued the paper dollar leaving it as our only choice. >>



    +1



    Successful BST (me as buyer) with: Collectorcoins, PipestonePete, JasonRiffeRareCoins

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