When they changed the size of the $1 bill in the Depression, everyone said the old money would someday be collectable.
It is, but always worth a lot less than if you’d converted the old ones into the lowest-paying savings bonds.
(aside)You know how personal checks are the same size as $1 bills, well the larger company checks were the same size as the old bills. Not a coincidence, as the banks issued the checks and wanted everything to fit in the same tills and other equipment. Companies kept the old size however, since they lots of pre-printed checks and more clout to resist change.
That cracked me up… If they were easier to get, I’d spend $100 bills all the time!
Everyone has their idea of fair prices, but a 65% markup is huge for a new coin. Unless the coin is a proof (S) or uncirculated (P,D) straight from the mint, sackies are only really worth face value to collectors–there are likely millions in circulation already.
This is interesting. I was just about to post how I got 17 of the darn things yesterday from a stamp machine, and how none of them are gold, when I checked them and realised that all 17 are Susan B’s (thanks to whoever mentioned the eagle landing on the moon.)
Bear in mind that I’ve never seen one before; I’m Canadian. However, I don’t know whether to be pleased or not. Now I have 17 Suzies but I’ve still never seen a Sackie.
I got ten Sackies from my credit union (that’s all they would give me at one time). I put them in my golf bag for those days when I make small bets on the golf course and I wind up paying out more money than I have in my jeans (really embarrassing btw).
They’re all gone. Came in handy though. I have got to get some more.
Dollar bills socked away in Golf bags don’t stay very nice if it should happen to rain.
I noticed that all of my Sackies were stained. I presume that they were fairly fresh from the mint…so what’s up with that? Anybody else get discolored coins?
I am with you on this. You always hear people say they don’t like to carry lots of heavy coins, but I think it’s
worse to have a wad of low value-notes bulking up my wallet and making it hard to fold. And lets face it, $1 is pretty
pathetic as a paper denomination; it won’t even get you on the city bus in lots of places. It’s ill-befitting the
dignity of a great nation.
Actually I’ve found that quite a few vending machines accept dollar coins. I work for a large corporation and the vending machine in our local kitchen accepts them.
For those wishing to get them the post office vending machines are a good place…just buy one or two stamps with
a ten or twenty and the change will come out in dollar coins. Mostly, they’re still Suzies, but I’m getting more
Sackies as time goes by.
Looneys and toonies rock… Once I thought I had no money with which to grab a cab home (there were no bills in my wallet) and I found 17$ in change in there!
The MInt has no experience working with the manganese outer layer that Sackies have. It apparently discolors and spots very easily. They accepted the composition without much thought as it fulfilled their two requirements: color, and identical electro-magnetic properties to the SBA dollar, for which machines had already been programmed.