US Presidential Dollars Value
 

MY father-in-law calls my son this morning and says he saw on the news that new US presidential George Washington dollar has increased to 9$ in value. Is there any truth to this?

Re: US Presidential Dollars Value
 

If it did it was only for 2 reasons: either the bases metals rose in price or the dealer is passing along costs to the end consumer...



T

Re: US Presidential Dollars Value
 

There is no truth in that statement whatsoever!
:confused_ma::no_ma::shocked_ma:

Re: US Presidential Dollars Value
 

You can buy rolls of 25 on ebay for the very low $30's + a few bucks shipping.

I buy and rathole 2 rolls of each as they are issued. Might be worth something some day.

Re: US Presidential Dollars Value
 

I did that for the first year. Plus I made sure to get one of each mintmark. So I have 2 rolls of D's and 2 rolls of P's for each of the first 4. It got to be a bit much so I figure, if anything is worth something, it'll be the first year's worth.

Re: US Presidential Dollars Value
 

What are those made of? Zinc? LOL I love how they promote the #hit out of those at the mint and the post office as if they are a great savings plan or will have any real value down the road. Almost like their worthless state quarters gimmick.

Re: US Presidential Dollars Value
 

and you don't hear peep about the .9999 GOLD presidential spouse series

Re: US Presidential Dollars Value
 

Those look nice, but they seem horribly priced.

Re: US Presidential Dollars Value
 

I thought as much. Thanks. I new you guys would have the real skinny. :D

Re: US Presidential Dollars Value
 

Now this is downright funny...the $1 coins they are trying to pass of actually have less intrinsic value than nickels! :rofl:

1946-2008 Nickel $0.0702632
2007-2008 Presidential Dollar $0.0668137
(Metal Composition: 88.5% copper, 6% zinc, 3.5% manganese, 2% nickel)

http://www.coinflation.com/

Re: US Presidential Dollars Value
 

The 1 oz .999 Gold Buffalo Proofs looked expensive at $799 a year ago, too. Of course you could buy them cheaper on ebay at the time from folks needing the cash to spend.

Re: US Presidential Dollars Value
 

They are only worth what someone will pay for them. If you will pay $9 for one, well, I have a sealed box to sell you!!!

I don't really see these as ever being worth very much more than their face value, but I still have a box stashed away.

Come to think of it, mine have decreased in value. 10 months ago, my sealed box of $1,000 would buy me an ounce and a half of gold. Now that same box will barely buy an ounce on a good day.
:banghead:

Re: US Presidential Dollars Value
 

The 1999 Silver Proof Set offers a good return on investment ... something like 500% to 600% (5-6 times cost). I would sell mine, but alas I just have the one and it would make the rest of my collection a little feeble (not unlike my cent collection missing the 1909 VDB-S).