I discovered amongst my change a new dollar coin, which is kinda gold colored. I hadn’t even known about them before. A co-worker told me today that there aren’t a lot of them in circulation and I should hang onto it. I’ve hung onto it but only because I like it, but is it going to be worth a lot more than a dollar some day?
In short, maybe. I’ve heard that the Canadians have sucessfully introduced a dollar coin. But the caveat is that they took the paper version out of circulation.
IMO, I like the buck coin idea. But people resist change, especially about currency. Heck, took me three months to get used to the new $20 bills. And I flatter myself that I’m a bit smarter than the average bear.
So if this bid at a buck coin goes the way of the Susy B. - collector’s item. Worst case - “a dollar saved is a dollar earned” (with thanks to Poor Richard).
Unless they take out the dollar bill it won’t make it. I never see anyone giving them as change, and I wouldn’t want it as change. Coins are too bulky. Carry around $20.00 in dollar coins and $20.00 in singles and you’ll see how much better bills are.
Look at it closely and see how worn it is. If it’s still in great shape, keep it. Otherwise, spend it.
Lynn
no, give it to me. and any others you find. in fact, give me all the money in any form if you feel like it’s not good enough for you or you just feel like giving it away…
So they’ll make more. They are handy, and I’ve spent several. You don’t need to carry around 20 of 'em, fer chrissakes. I rarely have 20 paper singles on me.
Peace,
mangeorge
Since when is the Susie B a collector’s item? An utter failure, perhaps, but not a collector’s item. Didn’t it take the mint 20 years just to unload its 1979 inventory?
While it’s true that people might save them rather than use them, I don’t think the 79 Susie or the 2K Sackie will ever be worth more than one dollar. There are just two many of them out there…
“two”, of course, should be “too”. Ack.
Looks like it just came out of the mint. Not giving it to anybody! I like it and I’m going to keep it, so there! BTW, does anyone know what it’s made of? What gives it the gold color? Who the Indian woman is, her history?
“Ack” don’t cut it, my friend. Somebody call the spelling police.
Peace,
mangeorge
The women is 14 year-old unwed mother. No lie.
Some info on the Sacagawea Dollar.
I would hang onto it. You never know when you will need something to stablize a shacky table someday
Please explain what that pea-brained factoid has to do with this thread. Or with anything else, for that matter.
Peace,
mangeorge
just a WAG, but I think maybe the first run of “Gold Dollar Coins” is a heck of a lot smaller than the Susy B. I’m thinking they (they meaning operational elements of the Dept of Treasury), know this crap ain’t gonna fly if the “Good Old George” is still around.
The politics of currency.
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They didn’t “unload” the Suzies. They have many, many of them. The Post Office is trying, though. Gives them as change.
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Don’t waste your money saving either dollar coin. Nothing made in that large of numbers becomes collectible, meaning “more than face value.”
dropzone - thus the “worst case” option. I have no doubt (well, very little) that this attempt will fail. But might be something worthy to show the grandkids as a curiosity.
But then again, could end up like a K-rat key.
Spend it. The Suzy b is worth only a $, too. Ikes are worth maybe $1.05, not enuf to worry about. Also, “copper” pennys, “wheatback” pennys, and etc, are all not worth keeping. Nor are the new “state” quarters. Whenever they made millions & millions of them, they are not worth keeping*. Oh, sure, a dealer will SELL them to you at a premium, but not BUY them. “There’s one born every minute”.
*any silver coin is, but not for the collector value, for the silver.
I like sackies. I got 5 of them from a bank today. I was going to get 20, but they will only give out 5 at a time.
If you don’t like sackies, send them to me. Get several bags, in fact. I’ll know how to spend them.
Johnny,
Out of curiosity, which bank is this? At my bank (First Federal), they also have a limit of 5 per customer per visit. Just wondering if it was a First Federal policy or some more pervasive policy than that.