Joliet Jake
Full Member
Presidential $1 Coin Starts Jan 1, 2007, and you think the bank tellers get annoyed by coin roll searchers now.....
I was reading some of the provisions in the act to issue the new Presidential $1 coins for the years 2007-20016, and this is probably the most stupid part: The Sacagawea dollar will continued to be issued all the years .the Presidential coins are issued. Not only will Sacs be issued, but the act requires:
"the Secretary annually shall mint and issue such 'Sacagawea-design' $1 coins for circulation in quantities of no less than 1/3 of the total $1 coins minted and issued under this subsection."
So the geniuses in Congress decide the "incredibly popular" Sacagawea dollar will be 1/3 of all the 2007 (and other years) $1 dollar coins issued, and the remaining 2/3 will be split between the FOUR Presidential designs. They will mint TWICE as many Sacs as each of the Presidents. Hope there is space in the vault next to the Susan Bs to store those unwanted Sacs.
Cool thing will be the placement of date, motto's and mint marks. They will be edge-incused into the coin, printed into the rim!.
Now, if they could just make the Presidential $1 coins the same size as Peace and Morgan dollars, think how fun future Roll Hunting could become!
linky thing: http://en.wikisource.org/wiki/Presi...2005#Sec._102._Presidential_.241_Coin_Program.
I was reading some of the provisions in the act to issue the new Presidential $1 coins for the years 2007-20016, and this is probably the most stupid part: The Sacagawea dollar will continued to be issued all the years .the Presidential coins are issued. Not only will Sacs be issued, but the act requires:
"the Secretary annually shall mint and issue such 'Sacagawea-design' $1 coins for circulation in quantities of no less than 1/3 of the total $1 coins minted and issued under this subsection."
So the geniuses in Congress decide the "incredibly popular" Sacagawea dollar will be 1/3 of all the 2007 (and other years) $1 dollar coins issued, and the remaining 2/3 will be split between the FOUR Presidential designs. They will mint TWICE as many Sacs as each of the Presidents. Hope there is space in the vault next to the Susan Bs to store those unwanted Sacs.
Cool thing will be the placement of date, motto's and mint marks. They will be edge-incused into the coin, printed into the rim!.
Now, if they could just make the Presidential $1 coins the same size as Peace and Morgan dollars, think how fun future Roll Hunting could become!
linky thing: http://en.wikisource.org/wiki/Presi...2005#Sec._102._Presidential_.241_Coin_Program.
Upvote
0