Presidential Dollar Program

[Brucec-migration]

What are your thoughts on the 1st silver set of coins for 2007. With the new presidents dollars do you think this 1st silver set will become as valuable as the 1st state quarter silver sets have become?

[pendragon1998]

The presidential dollar coins aren't going to be silver. They're going to be made of the same composition as the sacagawea dollar.

[DC Dawg]

You can read more about the Presidential $1 Program on my blog (shamess plug ). I wrote about it last year when the bill was passed and just before the president signed it into law.

 

Scott

[jason888]

what are the odds it will finish, vaults are already stuffed to the rim with SBA`s and Sacs!

plus it`s one more plastic case in proof sets.

[DC Dawg]

That will be true if they do not discontinue the $1 FRN. I think the US is the only country that still produces its unit currency in paper. We're such a progressive nation!

 

Scott

[pendragon1998]

I think it's a misconception that SBA dollars are stacked up in vaults somewhere. If that was the case, I doubt that they would have found the 1999 strikes necessary. They're probably just rolled up with quarters. I similarly doubt that is the case for Sacs as well, as that only ones really put out in circulation numbers were 2000-2001.

[DC Dawg]

This past weekend, I purchased stamps at a Postal Service vending machine. For a $4.50, I received four Sac Dollars and an SBA dollar. The SBA was dated 1999 and the Sac dollars 2002-2003. I used the Sac dollars to purchase additional stamps and spent the SBA dollar somewhere else.

 

Scott

[cpm9ball]

The USPS announced recently that they would be removing the postage machines from all of their facilties because it hasn't been profitable. Now, what will the government do with all of those SBA's and Sac's that can't be used for anything except bar pool tables?

 

Chris

[crito]

I'll probably put together a set. As for their use in commerce, there's always the casinos.