Presidential Gold Dollars

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Presidential Gold Dollars

 
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May 22nd, 2007
So the new Presidential Gold Dollars have started coming out. As of now there are two out; George Washington and John Adams. I have one of each, but I've rarely seen them anywhere. They also have Presidential Spouse ten dollar gold coins (actually made out of .9999 gold) starting with Martha Washington on June 19. Any comments on this?
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Re: Presidential Gold Dollars

 
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May 22nd, 2007
I have the George Washington.
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Re: Presidential Gold Dollars

 
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May 22nd, 2007
(That was the fastest reply I've ever seen!) Yeah, I had to actually go to the bank to find them, when I cashed my pay check.
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Re: Presidential Gold Dollars

 
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May 22nd, 2007
What can I say, I'm bored. ;o)

Really? I got mine out of a change machine.
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Re: Presidential Gold Dollars

 
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May 23rd, 2007
I didn't think they'd have those in change machines. That's interesting.
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Re: Presidential Gold Dollars

 
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May 23rd, 2007
Yeah I got 4 of them... I was like 'Omgosh, I've never seen these before!' Hehe.. I was excited.
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Re: Presidential Gold Dollars

 
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May 23rd, 2007
haha, I remember when the Sacajawea coins came out (back in 2000). We'll see how these do. Ironically, my roommate was just showing them to me a few minutes ago
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May 23rd, 2007
Yeah, I still have one Sacajawea dollar. Maybe it'll be worth $1.01 in the future if I keep it. But the state quarters were a big success so a new series like this might look good. But until they stop making the paper dollar there won't ever be a coin to replace it. Just like the metric system still isn't the primary system in the United States.
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Re: Presidential Gold Dollars

 
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May 24th, 2007
Depends on how the currencying goes. From what I understand, originally our paper money was backed by gold and silver, now it's not. Hence, major inflaltion becomes an option.

What's the metal value of the coins? (Amnt Metal * $/oz) If that's high enough, the coins may be worth more for their metal value than their 'normal' value. They had a similar problem with dimes, quarters, and higher back when those were made out of silver; people would shave the edges off, then use the coin. After a while, the shaved silver was a pile large enough to be worth something in its own right. That's why they started putting ridges around those coins; shaving the ridges would be obvious.
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Re: Presidential Gold Dollars

 
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May 24th, 2007
Is there a reason for the release? Or was it just to give you guys something new?
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