Grade the US Mint's Presidential $1 Coin Program

Trebor · January 25, 2014 12:17AM

A, B, C, D or F?

Not just the designs.

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

bsshog40 · January 25, 2014 12:38AM

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!!

SmallTownCoins · January 25, 2014 12:46AM

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.

pf70collector · January 25, 2014 12:51AM

I gave it a D also, but do collect the silver parks proofs in pcgs dcam70s. The designs are way better than presidential dollars.

Baley · January 25, 2014 1:07AM

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"

TwoSides2aCoin · January 25, 2014 1:24AM

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.

AUandAG · January 25, 2014 1:27AM

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

BryceM · January 25, 2014 1:27AM

F

Drop the paper dollar and it goes to B.

LindeDad · January 25, 2014 2:35AM

<< <i>F

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

JazzmanJAB · January 25, 2014 3:29AM

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.

blacksmoke · January 25, 2014 3:37AM

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

FredF · January 25, 2014 3:42AM

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

+1

Grade the US Mint's Presidential $1 Coin Program

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