Dollor coins

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AT least two choices:
1. Spend them, They are legal tender.
2. Turn them in at a bank for a $20 and $5 bill.

Don't think they are worth more in the coin market.
 
A lot of vending machines take them.

Are stores around you not accepting them?

Might have some small extra collector's value if they are BU...??
 
Originally Posted By: Virtus_Probi
A lot of vending machines take them.

Are stores around you not accepting them?

Might have some small extra collector's value if they are BU...??


I really doubt there's any collector value with them otherwise he'd know it. There was a great deal years ago where the mint was accepting credit cards to buy the coins. So there was a massive churn where you'd buy thousands of dollars worth of coins, get the credit card points and then turn them into the bank. Rinse and repeat. They finally had to stop it as they were losing too much money.
 
Spend them. Waaaaaaay too many old men hung onto every one they came across thinking they were rare and valuable and there are millions of them tucked away in sock drawers around the country. That was true even when they came out nearly 40 years ago from what I've heard.

They struck 520 million of them.

They reissued the Susan B Antoney dollar in 1999 before the Golden dollar came out which was rejected by the public.
 
I don't understand why a dollar coin doesn't catch on. I go out of my way to ensure I have no more than 5 to 10 ones in my wallet at any given time and yet usually have 5 dollars of quarters in my pocket by the end of the week.
 
Originally Posted By: dbias
I don't understand why a dollar coin doesn't catch on. I go out of my way to ensure I have no more than 5 to 10 ones in my wallet at any given time and yet usually have 5 dollars of quarters in my pocket by the end of the week.

It's pretty sweet. PC politics might influence who is on our bills, but $1 and $2 coins are a good idea and make change valuable instead of just carp in your pocket weighing you down.
 
The MBTA uses them for trolley car fares. Some toll on Long Is NY uses them too. Dollar coins make too much sense. A bill's average life is 9 months. I regularly get nickels from the 1940s. Re-doing the penny in'09 was a mistake however. It should be done away with. A victim of inflation.
 
As said, just use them for whatever. They are worth a dollar (unless un-circulated, them maybe worth a little more).

I used to use dollar coins all the time on the toll roads before I got a tag.
They were easy to store and find in the vehicle, and my wife would not take them out like she did with dollar bills.
Since then, I have not used them, I had a lot of the Susan B. and Sacagawea dollars. Have not seem many of the Presidential dollar coins.
Heck, I need to go look in my cars and see what I have.

I don't like carrying coins around, so I don't care for dollar coins, although I do understand the economics of it.
 
Originally Posted By: bdcardinal
Originally Posted By: DoubleWasp
I've heard it's bad form to use them at your local gentleman's club.


They also don't like $2 bills.


They do if you give 10 at a time.
 
Originally Posted By: Eddie
I have approximately 25 SUSAN B. ANTHONY DOLLAR COINS. What to do with them? Ed

Eddie, I'll swap you 25 Canadian "Loonies" for them ... put them in the meeting basket !!
thumbsup2.gif


Bob
 
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