ConcordeBoy
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Where Are The Dollar Coins?

Wed Nov 05, 2003 2:51 am

What happened with the American dollar coins featuring Sacagawea?

I thought they were supposed to eventually equal the paper dollar in annual distribution, yet I've barely seen two or three of them since the introduction. Anyone?
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Matt D
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 3:08 am

They're out there. Most of them seemed to have migrated to vending machine locales such as bus/subway stations and self-serve car washes.
 
ConcordeBoy
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 5:14 am

interesting that you should say that, all times I've seen them were as change from a car wash dispenser.

Do you (or anyone) know if/when they plan to increase circulation?
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L-188
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 5:18 am

Actually I think
they stopped production about a year or two ago.

Just wasn't enough demmand for them.

They produce just enough to cover their yearly coin set issues.
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STT757
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 5:53 am

I get them all the time, from Subway, PATH, NJ Transit ticketing machines as change.

It sucks carrying $16 worth of $1 dollar coins in you pocket, I would not want to pay for a $1.50 PATH fare with a $50 !
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N766UA
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 8:58 am

I went for a solid year without seeing one. Then I went to Six Flags and I ended up with 5 of them as change.

Conclusion? Six Flags is hoarding them.
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dragon-wings
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 9:42 am

I have two of them, I think I will be keeping them. Do you think these will be valuable some day?
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desertjets
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 10:07 am

They'll probably still be worth a buck in 50 years time.

And even then cashiers might give you a confused look when you try to use them.
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srbmod
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 10:55 am

People have hoarded them, thinking that they will be valuable. The US Mint is still minting them, and have minted 6,160,000 Sacagawea Dollars through September. They have cut the number they are minting. In 2001 (the first year of the coin) they minted 133,407,500 of them. In 2002, they minted 7,597,610 of them. The only way that the Golden Dollar would take off would be to phase out the paper dollar; unfortunately, that will never happen.
 
Illini_152
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 12:46 pm

I get them all the time from stamp vending machines (yes, some of us STILL use stamps.) Gotten a few as quarters by mistake, unfortunatly I didn't realize until I had left.

When I'd deliver pizzas I'd just trade 'em in right away for singles; paper was much easier to handle, and I always needed 'em.

--
Mike
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covert
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 1:22 pm

It's not taking off because people think it's some kind of special issue commendary item and pt in in the sleeves as soon as they get em

covert
none
 
rockyracoon
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 1:44 pm

At the amusement park I worked at over the summer, they gave them out all the time. I hate having to carry change around, much rather have a george washington in my wallet instead. When I went to canada their smallest bill was a 5, it was ok I guess because coins could be used everywhere no like down here.

Tim
 
ha763
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 2:56 pm

I remember Wal-Mart having them, but I've only gotten them from the stamp vending machine at the post office. I believe that they are not being used very much outside of vending machines is that they are just inconvient to carry when compared to paper bills. Plus, the girls at the strip club don't like it when you toss them hard metal coins instead of soft paper bills. Innocent
 
L-188
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 3:11 pm

They also had the problem that the Susan B Anthony had.

Just too simular to a quarter.

Somebody earlier posted they had problems with this.
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B747-437B
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 3:15 pm

the girls at the strip club don't like it when you toss them hard metal coins instead of soft paper bills

Instead of tucking the bills into the G-string, I guess you put the coins into the slot!  Big grin
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Guest

RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 4:39 pm

I always receive dollar coins -- and often Susan B. Anthonys -- from the stamp vending machines located in post offices.
 
saintsman
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 5:21 pm

We have had a similar thing here in the UK with people hoarding them. The mint has produced coins for special occasions. They are legal tender but people save them ( and they will never increase value either). Result is the Treasury makes a fortune because they know that they will never be cashed in. If it was an individual doing this it would be labelled a scam but because its the government its okay.
 
ConcordeBoy
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RE: Where Are The Dollar Coins?

Wed Nov 05, 2003 5:26 pm

Plus, the girls at the strip club don't like it when you toss them hard metal coins instead of soft paper bills.

solution: quit being such a cheap-ass, and give the ladies a real tip  Big grin


Sean... you're just horrible!  Laugh out loud
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