TreasureGirl Posted January 14, 2007 Report Share Posted January 14, 2007 Maybe this has been discussed before - if not, I apoligize in advance (new here!). I was thinking to myself, as I began putting a few Kennedy halves I had picked up in the only roll the bank had into my album, why haven't they discontinued the half? I love the coin (hence, why I have the beginnings of a collection - poor college kid), but I would think that, in the long run, the Presidential dollar series will have been more successful if they had put some emphasis in the resurgence of use of the half first. Since the Kennedy half came out, people have gotten used to the quarter as a staple of American change (a good part of why the State Quarters have been doing so well). From the Susan B. Anthony to the Sac to, I fear, the new dollars, people haven't been keen on a jump from the quarter to a coin four times its worth. What I'm saying is that testing the "spendability" of halves before putting all this effort into the Presidential program would have been a relatively accurate predictor of the dollars' success. In our continuing to ignore the half, I'm afraid that even though this program is modeled after the successful State Quarter program, the Presidential Dollar program will be just as avoided as the use of the Sac. I just find it ironic that while we have been arguing about discontinuing the penny, coins that see much less use than the penny does today are still being produced and glorified. Please post what you think, thanks! P.S. I am in no way flaming the new dollars, I am as excited about them as many of you are, I am just doubting whether dollars will become successfully incorporated into our change. Link to comment Share on other sites More sharing options...
Scottishmoney Posted January 14, 2007 Report Share Posted January 14, 2007 I am not even going to bother getting them at the bank. I could care less. I lost interest real quick in the State Quarter programme, and for the most part avoid modern USA coins like the plaque. For proof of the lack of suitable modern designs, why is it when commems come out lately or the new Buffalo coins, they dig out designs from 70-100 yrs ago. Now Buffaloes are on everything, frankly I think the American public has been Buffaloed - pardon the pun. Link to comment Share on other sites More sharing options...
syzygy Posted January 14, 2007 Report Share Posted January 14, 2007 I think: That the PDs will receive some interest, but it will be well short of the SQ program. They will not represent a loss for the mint. The "spendability" of the dollar coin has been established as minimal in the presence of paper dollar. The PDs, in the absence of other changes, will not alter the situation much. They represent another step in the trend for the mint to continue producing (seems like it is increasing, but I don't have the numbers), what amounts to, non-circulating (intended or not) legal tender coinage sold direct to the public at a nice profit. Some can be good for sparking interest in coin collecting and some can be bad in that it may be taking cash away from other classic areas of coin collecting beyond what it is adding. I will get at least one example for my dollar type set, but do not plan on collecting them. Link to comment Share on other sites More sharing options...
AuldFartte Posted January 14, 2007 Report Share Posted January 14, 2007 The Presidential Dollars don't excite me at all from a collector's point of view. They will undoubtedly fail as a circulation coin because people just don't want to carry dollar coins around. The designs I have seen are bland, as are most of the dead presidents anyway, and it is just more of the same garbage from the uninspired people at the US mint. I strongly disagree with placing presidents, living or dead, on our coinage. Needless to say, I won't be collecting them. Link to comment Share on other sites More sharing options...
tommyd Posted January 14, 2007 Report Share Posted January 14, 2007 I'll fill a blue Whitman album with plastic slides with a 'P' example of each president -- just as I have with those unnecessary state quarters -- pretty to look at with virtually NO investment potential (just check those obscene mintages). I enjoy American history and that's why I'll save one portrait of each president -- oh, and bet on it, as another in a series of useless dollar coins that NEVER were popular in the U.S., they will BOMB as tender.............. TOM Link to comment Share on other sites More sharing options...
ccg Posted January 14, 2007 Report Share Posted January 14, 2007 The "spendability" of the dollar coin has been established as minimal in the presence of paper dollar. The PDs, in the absence of other changes, will not alter the situation much. That pretty much says it all. Additionally, I don't see a half dollar connection. Canada is another major country that gets by without a 50c, but comfortably uses 25c, $1 and $2 pieces. Link to comment Share on other sites More sharing options...
TreasureGirl Posted January 18, 2007 Author Report Share Posted January 18, 2007 I also find it interesting that they made such a big deal about making the dollars vending-machine compatible, but they won't take halves. Although it is fun when I trade my looked-through halves for quarters at work, and I give the little kiddies a half and a quarter for their .75 change. Their faces just light up... that's why my dad gave us Eisenhowers and Susan Bs as tooth fairy payment. Link to comment Share on other sites More sharing options...
tommyd Posted January 18, 2007 Report Share Posted January 18, 2007 Dad was obviously cool... Link to comment Share on other sites More sharing options...
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