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Senate Bill seeks to end Presidential Dollar Coins

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Senate Bill seeks to end Presidential Dollar Coins

Postby CLINT-THE-GREAT » Wed Feb 06, 2013 12:25 am

http://news.coinupdate.com/bill-seeks-t ... gram-1839/

This got me thinking, what if they injected just the slightest hint of Silver into these dollars. Even $.50 worth!! They wouldn't have any problem getting rid of them! I mean I would start hoarding them too! WHat if they minted a $5 coin with $1 of silver in it? I can understand there not being any PM's in lower denomination coins as it doesn't make sense. Thoughts?

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Re: Senate Bill seeks to end Presidential Dollar Coins

Postby NJstacker22 » Thu Feb 07, 2013 7:32 pm

I don't think they would be able to mint enough of them.
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Re: Senate Bill seeks to end Presidential Dollar Coins

Postby scyther » Thu Feb 07, 2013 11:19 pm

It would be nice insurance, but I think nickels work better for that. Easier to spend dollars, though.
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
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Re: Senate Bill seeks to end Presidential Dollar Coins

Postby scyther » Thu Feb 07, 2013 11:21 pm

Also, this seems like a stupid thing to do. Why stop making them now, when they're selling to collectors? It's making money...
267,500 pennies and 186,000 nickels searched. Hand sorter.
10/13/18
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Re: Senate Bill seeks to end Presidential Dollar Coins

Postby deacon » Thu Feb 07, 2013 11:21 pm

They should get rid of the 1 dollar paper bill first. That would force people to use the 1 dollar coins.
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Re: Senate Bill seeks to end Presidential Dollar Coins

Postby Chief » Thu Feb 07, 2013 11:49 pm

deacon wrote:They should get rid of the 1 dollar paper bill first. That would force people to use the 1 dollar coins.

+1, but when do THEY ever do anything that makes sense?
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