Originally Posted by The Great Ag (Post 499915) For those who want to see what the new $1 Presidential "golden" coins will look like. . . here you go $1 prez coins What is neat is to see lettering on the edge or rim of the coin. This will include the year and mint mark as well as E Pluribus Unum. I prefer $1 coins to $1 FRNs. The Great Ag

Originally Posted by Abouthadit (Post 500254) Pardon my cynicism but... putting In God We Trust and E Pluribus Unum on the edge only makes it out of sight-out of mind. Same with the removal of the work Liberty. NWO incrementalism at work. How long before this becomes the standard for all monetary tokens, then how long before all references to the United States are removed so as to not "offend" future images of Mexican and Canadian politicians? 2012? 2010? Vote NAU, NOW! (sombody please shoot me) :afraid:

Originally Posted by ajrocks (Post 501377) Libertades, at least the old ones and other foriegn coins have writing on the edges, I think it's kinda cool!!!:clap2:

Originally Posted by Anty Ep (Post 507264) check it. cool, I think I will get 2 rolls. the bank says they'll have em in rolls of 25 on thursday http://d.yimg.com/us.yimg.com/p/ap/2...oll_wx102.jpg?

Originally Posted by Anty Ep (Post 507290) I will keep one roll for fun and one to piece out for fun. But I'll bet they'll press more of these than the Sacs. People really like dollar coins and they snap em up. Especially with all the folks heated up over the quarters I think this will be very popular for hoarding.

Originally Posted by The Great Ag (Post 507341) Especially if gold and silver do sky rocket. Those that can't afford PM numismatics will be left with base metal stuff to collect. So, yeah in a few years (don't know how many 10-15 minimum) those babies should be worth a lot. I will bank roll a few, too. TheGreat Ag

Originally Posted by gpond (Post 500180) I predicted that they would eventually be removing the word liberty from our coins when the state quarters pushed liberty "down the page" from it's traditional topmost placement. "I think we should give up our liberty for freedom." -- quote from woman in London.

Originally Posted by The Great Ag (Post 499915) What is neat is to see lettering on the edge or rim of the coin. This will include the year and mint mark as well as E Pluribus Unum.

Originally Posted by Sparkly (Post 507348) You guys are joking, right?

Originally Posted by Jack London (Post 508473) I've got a half jar of the Sacajawia and Susan B. Anthony dollars. I get them in change when I buy stamps at the post office. I am keeping them for when TSHTF - I'm going to load them into a sock and use it as a blackjack.

Originally Posted by Sparkly (Post 507348) You guys are joking, right?

Originally Posted by Jack London (Post 507474) :haha: :haha: :haha: :haha: :emotions16: I hear 20 of them are worth a buck in base metal.

Originally Posted by The Great Ag (Post 510823) As Anty Ep wrote, the writing on the edge, "ARBEIT MACHT FREI" is disconcerting, but I suspect I will get over it like the good sheep I am.

Originally Posted by Abouthadit (Post 510906) "Arbeit Macht Frei" (Work Brings Freedom) was the sign over the gates of Auschwitz. It was placed there by Major Rudolf Hoss, commandant of the camp. Gives me the creeps. :no_ma:

Originally Posted by The Great Ag (Post 510956) Yeah, I know what it means. Anty EP was being facetious when he wrote that, but also serious. I think the irs has adopted that motto! The Great Ag

Originally Posted by Copperhead (Post 511991) Use the new dollar coin (Treasury issued) and help take away the power of the Federal Reserve to create money one dollar at a time.

Originally Posted by TonyG (Post 512064) But they have supposedly limited production to approximately 1 new dollar to each person, which equivilates to about 300 million dollars or if you include illegal immigrants, about 330 million. I think that the fed will just continue to 'create' paper money at the same rate that they have been doing. These coins will be an addition to the money circulation irrelated to debt, but related to a produced item sold and resold at a premium. Plus I dont' see how it benefits us so greatly, to use a 1.00 coin that is worth .18 in metal value. That would be like using a liberty dollar (norfed) that has a $50 face value but with silver around $9.00. In other words, the new govt issue dollar will be 2 times as bad as the $50 lib dollar at $18 silver value. TonyG

Originally Posted by Metalophile (Post 512915) You know, of course that this is just the first of about 40, and that they're releasing one dead president every 3 months! So if they make 300 million of each, that's $12 billion over about 10 years. And the gubmint gets the seingorage. If paper FRN usage drops, then the FED gets less since they pass FRN's for a buck and only pay a few cents for each from the BEP! I say, go to the bank and get 10 rolls. Buy $50 in groceries and pay with 2 rolls of sacabucks or presidential dollars. Use them everywhere you spend non-plastic money until they circulate! Take a bite out of crime! (the FED).

Washington D.C. -- Delaware Congressman Mike Castle, author of the law creating the Presidential Dollar coin program and a senior member of the House Financial Services Committee, today helped U.S. Mint Director, Edmund Moy, debut the new George Washington $1 coin the day before the Presidential dollar coins go into nationwide circulation. In a photo-op outside Castle's office, they unveiled the new coin to the media for the first time. It is estimated the newly redesigned $1 coin may save the federal government at least $5 billion.
"Today is an exciting day for the U.S. Mint and the federal government as the long-awaited Presidential dollar coin program is set to begin and the American people can finally witness the significant financial and education benefits of this worthwhile initiative. Much like the 50-state quarter program, which I also wrote and sponsored, this program will generate billions of dollars in savings for the federal government. In fact, the 50-state quarter program alone has saved the government $6 billion to date and it is estimated the newly redesigned $1 coin may save at least $5 billion. I am not sure of any other federal government program which does this!"
"Additionally, these new coins will serve as history lessons for countless students across the country who are excited about the prospect of collecting and using these coins. I have witnessed this excitement during my visits to schools throughout Delaware and am encouraged by the interest in the history of our Presidents," Castle said.
The George Washington $1 Coin will be released starting Thursday, February 15, just ahead of Presidents Day and is the first design in a series of coins that will honor each of the country's former Presidents. Four new designs featuring American Presidents will be introduced each year in the order of their service, with John Adams, Thomas Jefferson and James Madison to be released later in 2007. A stunning depiction of the Statue of Liberty will be on the other side of the coin and for the first time since the 1930s, coin inscriptions such as "E Pluribus Unum" and "In God We Trust" will be prominently inscribed on the edge of the coins.

Originally Posted by TonyG (Post 513445) Which would your rather buy? $100 in new george washingtons? $100 in state quarters? $100 in silver ouncers? $100 in nickels? $100 in pennies? ? If you buy the $1 George Washingtons and put them in circulation, sooner or later they will get out of circulation and into peoples hands who want to collect the sets, thinking that someday the sets will be worth more value. In comparison, how much would you give for a collection of the 50 state quarters when completed? If you say anything more than (50 X .25) or $12.50, maybe you shouldn't be posting in "Gold is money forum". In the same way, using fed reserve dollars to buy the $1 fed coins is like trading 6 eggs for half a dozen eggs. I'd rather take the same $1 (or $2), get a roll of nickels and put them away. But, I guess if we're planning to help defeat the fed, then getting the $1 coins in circulation and out of the "uncirculated" collectable column would be a good thing to do. Tony