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-   -   the new "gold dollars" (http://goldismoney.info/forums/showthread.php?t=256966)

mispillion 04-15-2008 09:52 PM
the new "gold dollars"
 
i was showing my brother in law the difference between real gold (he just bought his 1st gold today) and these crappy things the mint just recently started issuing. took me into page 3 of a google search to find out what these cheesy things are made of. for those interested:
Quote:
.......The buying power will have depreciated about $1 per roll (4%) just due to inflation. These coins are nowhere near their face value in terms of metal content; the copper, zinc, manganese, and nickel in a presidential $1 coin cost about six cents.........
http://www.mightybargainhunter.com/2...for-this-year/
i could find nothing about their content at the us mint site. they look like they should be full of chocolate or something

Gcubed 04-15-2008 09:57 PM
Re: the new "gold dollars"
 
Exact metal content:

http://www.coinflation.com/coins/200...lar-Value.html

Quote:
Originally Posted by mispillion (Post 1063680)
i was showing my brother in law the difference between real gold (he just bought his 1st gold today) and these crappy things the mint just recently started issuing. took me into page 3 of a google search to find out what these cheesy things are made of. for those interested:

http://www.mightybargainhunter.com/2...for-this-year/
i could find nothing about their content at the us mint site. they look like they should be full of chocolate or something

Twisted Avatar 04-15-2008 10:06 PM
Re: the new "gold dollars"
 
88% copper??

I almost crapped my nickers when I saw that !!!

THEY HAVE GOT TO CHANGE THE METAL ON THAT COIN SOON.... THEY ARE PISSING AWAY TO MUCH MONEY ON THEM.


T

mispillion 04-15-2008 10:12 PM
Re: the new "gold dollars"
 
Quote:
Originally Posted by Gcubed (Post 1063684)
wish i had thought of that site. it would have saved me a 1/2 hour of painful sifting.
Quote:
The manganese brass in the coin is part of the outer layer. Like any brass, its color will eventually become darker, giving these coins an antique finish. As the coins are handled frequently, the darker "patina" may wear off the high points of the coin, leaving golden-colored highlights that accent the darker background around the border, lettering and other less exposed areas.
so, maybe they won't look so crumby after a while in circulation. thanx for the link

Homebrewer 04-15-2008 10:20 PM
Re: the new "gold dollars"
 
Yes, they will morph into good looking worthless trinkets....:wink:

Iptuous 04-15-2008 10:41 PM
Re: the new "gold dollars"
 
Is it just me, or did they make Jackson look retarded?
I think that was on purpose...:wink:

Cassandra 04-15-2008 10:56 PM
Re: the new "gold dollars"
 
They look like Chuckie-Bucks. Game tokens from Chuckie Cheese, that is. They are worth about as much as a nickel in metal value (I'll take the 20 nickels instead, please). In preparation for $100/oz silver, they are basically "large cent" type copper pennies (paper dollars being "paper pennies" at that point).

Debasement at its finest. I wonder how long this dollar coin will last, given that (as RP says) we can't even stay on a zinc standard.

foolsgold 04-15-2008 11:14 PM
Re: the new "gold dollars"
 
You should consider some of the mints "new" ten dollar coins like these...


http://i49.photobucket.com/albums/f2.../X04_popup.jpg

acquila 04-16-2008 12:04 AM
Re: the new "gold dollars"
 
The United States Mint today is the biggest scam of them all... besides the fact that I like SAE's and GAE's more than any other bullion, they have profited immensely from the state quarters program and the seigniorage of our worthless monopoly tokens...

PearlEgg 04-16-2008 02:51 AM
Re: the new "gold dollars"
 
Is it possible to extricate copper, zinc, manganese, and nickel from these coins separately for a sensible use in the future or is this a permanent mixture of wasted metals?

Seleukus Nikator 04-16-2008 11:38 AM
Re: the new "gold dollars"
 
they call them "golden dollars" because they obviously arent gold. Dont call them gold or you will be the ones who sounds like you dont know better. There is no Mint literature calling them gold.

I sort of like them. I buy around 3 rolls of each and circulate one. I collect them. I wish we had a five dollar coin too.

Krugerrand 04-16-2008 01:18 PM
Re: the new "gold dollars"
 
Quote:
Originally Posted by Cassandra (Post 1063769)
They look like Chuckie-Bucks. Game tokens from Chuckie Cheese, that is.
Good call... they do feel exactly like a Chuck E. Cheese token.

As far as the "newer" dollar coins go, I still prefer the Susan B. Anthonys. At least they don't have a feaux gold coloring on them that doesn't even look like gold and wears off after a couple months in circulation.

Argentsum 04-16-2008 05:12 PM
Re: the new "gold dollars"
 
I thought I recalled that there was a requirement to have the eagle on the back of U.S. coins valued at a dollar. Does anyone else recall this or am I mistaken about this?

I was taken aback when I saw that the "golden" dollars only show the statue of liberty without any eagle design.

RossL 04-17-2008 07:13 AM
Re: the new "gold dollars"
 
new?

they started making them in 2000. This is the ninth year of production for the brassy slugs.

Susan B. was ugly as $#!+ and the coin was too close in size to a quarter. That was a colossal screw-up

Krugerrand 04-17-2008 07:15 AM
Re: the new "gold dollars"
 
2000? You're not thinking of the Sacagawea dollars, RossL?

I think these presedential ones just started a few years ago.

Tn...Andy 04-17-2008 07:17 AM
Re: the new "gold dollars"
 
Never been to that Chuck fellow's cheese place, but the coins in question are plug ugly.

RossL 04-17-2008 07:19 AM
Re: the new "gold dollars"
 
Quote:
Originally Posted by Krugerrand (Post 1065566)
2000? You're not thinking of the Sacagawea dollars, RossL?

I think these presedential ones just started a few years ago.
The "new" ones are the same size and composition as the Sacagawea dollars. There is nothing new about them except for the dead presidents.

TheNocturnalEgyptian 07-31-2009 05:23 AM
Re: the new "gold dollars"
 
Quote:
Originally Posted by Argentsum (Post 1064906)
I thought I recalled that there was a requirement to have the eagle on the back of U.S. coins valued at a dollar. Does anyone else recall this or am I mistaken about this?

I was taken aback when I saw that the "golden" dollars only show the statue of liberty without any eagle design.
I also read somewhere that all coins of a certain demarkation were required to have an eagle.

Irons 07-31-2009 06:21 AM
Re: the new "gold dollars"
 
Well, a bird is better than a hag!:10_1_20:

HistoryStudent 07-31-2009 01:39 PM
Re: the new "gold dollars"
 
Make it a TURKEY NECK coin...............


Just like ROME we'll drop in TIN or ZINC or plastic Turkey neck OBUMMER tokens...

:36_3_16::111::111:

killerken53 07-31-2009 01:57 PM
Re: the new "gold dollars"
 
I love getting and spending the "golden" dollars. The reactions on people's faces is well worth carrying a pocket full. More people are starting to recognize them and accept them without question. I still get people that LOOK at them and try and figure out what I handed them.

Some other common reactions:

Most commonly people ask me "Is this a dollar?" How dumb is that? If I wasn't honest I could tell you yes even if it wasn't.

I had one girl ask me "What is this?" and then said "I have to ask my manager if I can accept this".

I was in the parts store one night and gave some to the cashier. She turned to her co-worker and asked "Hey Joe, are these real?"

I even get funny looks at the bank when I ask for them. I typically have to say "Mixed is fine, I am just going to spend them" since they think I want the latest design.

It is good entertainment, I think everyone should try and spread the fun around.

erjed 08-01-2009 12:34 AM
Re: the new "gold dollars"
 
Quote:
Originally Posted by killerken53 (Post 1845527)
I love getting and spending the "golden" dollars. The reactions on people's faces is well worth carrying a pocket full. More people are starting to recognize them and accept them without question. I still get people that LOOK at them and try and figure out what I handed them.

Some other common reactions:

Most commonly people ask me "Is this a dollar?" How dumb is that? If I wasn't honest I could tell you yes even if it wasn't.

I had one girl ask me "What is this?" and then said "I have to ask my manager if I can accept this".

I was in the parts store one night and gave some to the cashier. She turned to her co-worker and asked "Hey Joe, are these real?"

I even get funny looks at the bank when I ask for them. I typically have to say "Mixed is fine, I am just going to spend them" since they think I want the latest design.

It is good entertainment, I think everyone should try and spread the fun around.
I get the same reaction spending kennedy halves. Some cashiers even give me change thinking they are a dollar each and not 50 cents. I have to tell them to look at the denomination on the coin:36_1_25:.

killerken53 08-02-2009 11:13 PM
Re: the new "gold dollars"
 
I have an easier time spending Ikes when I get my hands on them, people see the large diameter coin and must automatically accept it as a dollar. I find it strange that a coin that is so much older and even less widely used is accepted so easily.

Metalophile 08-05-2009 02:25 PM
Re: the new "gold dollars"
 
Quote:
Originally Posted by killerken53 (Post 1845527)
I love getting and spending the "golden" dollars. The reactions on people's faces is well worth carrying a pocket full. More people are starting to recognize them and accept them without question. I still get people that LOOK at them and try and figure out what I handed them.

Some other common reactions:

Most commonly people ask me "Is this a dollar?" How dumb is that? If I wasn't honest I could tell you yes even if it wasn't.

I had one girl ask me "What is this?" and then said "I have to ask my manager if I can accept this".

I was in the parts store one night and gave some to the cashier. She turned to her co-worker and asked "Hey Joe, are these real?"

I even get funny looks at the bank when I ask for them. I typically have to say "Mixed is fine, I am just going to spend them" since they think I want the latest design.

It is good entertainment, I think everyone should try and spread the fun around.
I get these by the roll at the bank just to spend, too. My reasoning is that it's better than spending paper FRN. The coins at least have 4 cents worth of Cu, they're minted by the US Mint, and Fedgov gets the seingorage instead of being issued by the Federal Reserve Banksters.

livtocruz 08-05-2009 09:02 PM
Re: the new "gold dollars"
 
Refuse to partake in any crappy coin collecting newer than '69. My high school term paper was on Numismatics (er, early coins). What the F, was the U.S. Governmint thinking when they decided to mint these. Numistmatics is based on the collection of old coins that are minted to show the the history of a country. You cannot make that history by creating a coin. My only exception to this rule is the UHR 2009 Eagle.

GrandMasterMelon 08-07-2009 05:05 AM
Re: the new "gold dollars"
 
Quote:
Originally Posted by Metalophile (Post 1853457)
I get these by the roll at the bank just to spend, too. My reasoning is that it's better than spending paper FRN. The coins at least have 4 cents worth of Cu, they're minted by the US Mint, and Fedgov gets the seingorage instead of being issued by the Federal Reserve Banksters.
You're exactly right. That's my reasoning for using them too.

In an economic collapse I'd rather have a ton of change than a bunch of paper. At least I can do something with the change, can't do much of anything with paper.

ToBeSelfEvident 08-11-2009 02:05 PM
Re: the new "gold dollars"
 
Quote:
Originally Posted by GrandMasterMelon (Post 1856548)
In an economic collapse I'd rather have a ton of change than a bunch of paper. At least I can do something with the change, can't do much of anything with paper.
If it was blank paper, then you could write on it. It's even pretty durable, for paper. But, they had to screw it up by making it into Monopoly money.

So I'm also thinking it's a good idea to get some of those $1 coins. If there's a bank holiday, they will come in very handy. And who knows, they may eventually have some numismatic value considering nobody is using them.

madfranks 08-11-2009 02:15 PM
Re: the new "gold dollars"
 
Quote:
Originally Posted by killerken53 (Post 1845527)
I love getting and spending the "golden" dollars. The reactions on people's faces is well worth carrying a pocket full. More people are starting to recognize them and accept them without question. I still get people that LOOK at them and try and figure out what I handed them.

Some other common reactions:

Most commonly people ask me "Is this a dollar?" How dumb is that? If I wasn't honest I could tell you yes even if it wasn't.

I had one girl ask me "What is this?" and then said "I have to ask my manager if I can accept this".

I was in the parts store one night and gave some to the cashier. She turned to her co-worker and asked "Hey Joe, are these real?"

I even get funny looks at the bank when I ask for them. I typically have to say "Mixed is fine, I am just going to spend them" since they think I want the latest design.

It is good entertainment, I think everyone should try and spread the fun around.
If you really want to mess with people, pay for something with a combination of $2 bills, Kennedy Halves and mixed dollar coins such as Susan B Anthony's and golden dollars. Maybe even throw in an Ike for good measure.

livtocruz 08-11-2009 02:27 PM
Re: the new "gold dollars"
 
I told you people once before. If you want a real FRN then go for one of these.

https://www.downies.com/northamerica...ct.asp?id=3647

TripKidd 08-11-2009 02:38 PM
Re: the new "gold dollars"
 
Quote:
Originally Posted by livtocruz (Post 1863234)
I told you people once before. If you want a real FRN then go for one of these.

https://www.downies.com/northamerica...ct.asp?id=3647
cool... cool...

I'm assuming you own one, so what does it weigh?


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Gold & Silver Forum - the new "gold dollars"
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Gold & Silver Forum (http://goldismoney.info/forums/index.php)
-   Gold - Silver - Coins - Numismatics (http://goldismoney.info/forums/forumdisplay.php?f=51)
-   -   the new "gold dollars" (http://goldismoney.info/forums/showthread.php?t=256966)

Cassius 08-11-2009 02:39 PM
Re: the new "gold dollars"
 
Quote:
Is it possible to extricate copper, zinc, manganese, and nickel from these coins separately for a sensible use in the future or is this a permanent mixture of wasted metals?
It is very easy to do that, that's what refiners do.
Unfortunately at present and for the foreseeable future it is also illegal to do that (melt down US legal tender coins for reprocessing).

Silver Stater 08-11-2009 02:56 PM
Re: the new "gold dollars"
 
There is a law that states that all US coinage higher than 10 cents in denomination is required to have an eagle on it. If you look at the old franklin half dollars they crammed in an eagle on the right side of the liberty bell. I don't think it applies to special commemoratives (state quarters, dollars, etc) that are produced for a short period of time.\

If you look all the US coins ever produced (excluding commemoratives) this holds true and is actually kind of neat.

livtocruz 08-11-2009 03:46 PM
Re: the new "gold dollars"
 
Quote:
Originally Posted by TripKidd (Post 1863250)
cool... cool...

I'm assuming you own one, so what does it weigh?
Nope, don't own one. Er, yet. Would have to make a phone call cause they don't state the weight. Hate to say this but, I did pick up a few of those 22k gilded, $2 bills. Sent them back immediately, the cost of those was a 10th oz eagle or 1/2 sovereign. Splurged and got a full one (sovereign).

goldwish 09-23-2009 05:15 PM
Re: the new "gold dollars"
 
Quote:
Originally Posted by j-son (Post 1935301)
anyone do this?

http://www.usmint.gov/mint_programs/$1coin/index.cfm?flash=yes&action=directShip


seems like they will ship you $500 in face value for $505 shipped....and you can use credit card to get cashback bonus

yes, an earlier program, for the novelty of the new "gold dollars". the USM paid the postage all the way to Hawaii!

hey, did anyone notice they are beginning to mint "silver coins" again? I saw them as part of a new proof collection. I can remember when silver coins were still in use day to day. if only... :bawling: :4_8_4v:


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