A question for coin collectors?

Question

There are new coin dollars comming out today as you probably know and I'm wondering about their future value.

Now being a student of finance and economics, I am aware the supply, its limitability, and other factors come into lay when asscessing a price. Personally I think the new coin dollars with the presidents on them will fail like the Susan B Anthony and Sachejewea due to the fact we still have paper currency and the dislike for carrying coins around, so I'm anticipating limited production due to the fact they will stop the program sometime in the future.

Although, given what you know so far, what is your outlook on these new coins in terms of future value?

Answer 1

Don't count on limited production for they will be available in many ways. Lets see there is a P mint mark, a D mint mark, S on the proofs and don't forget they have a new finish on mint sets, so there will be a P and D there, with that finish. Teachers at schools will get kids involved like the state quarters. I am not a student of finance or economics and I have done quite well collecting coins. I do it for fun and the history involved. I have found my coins have gone up in value, of course I do not collect modern coins, except for the proof and mint sets as well as some of the low mintage commemorative's the mint does put out once in a while, usually due to lack of sales. As for the dollars circulating, I have to agree with you, the dollar bill has to go. I am amazed though at all the people running around with a mess of quarters in their pockets when a dollar coin that isn't much larger will replace 4 of them. What does your back grown in economics tell you about spending millions printing up dollar bills that last from a few months to over a year. A coin lasts 30 years or more. Seems something is wrong here. Maybe it is time for Americans to be inconvenienced, so we can save money or at least put it to a better use.

Answer 2

Are you a coin collector or are you in basic terms attempting to locate silver money at face fee so which you will sell them for soften fee? those are 2 countless issues that in many cases flow at the same time. yet each additionally has a different attitude to the subject of money. while you're a collector and in simple terms commencing up i might recommend you get a duplicate of the pink e book and study the 1st 35 pages or so. they are going to answer all of the hassle-free questions a beginner has. it is going to additionally supply you a concept of the relative values of one coin to a different and doubtless save you from merchandising a powerful coin for decrease than soften fee. flow to community coin sellers, flow to community coin exhibits and seem at turning out to be a member of an area coin club. those are an excellent thank you to get knowledgeable relating to the pastime. while you're in seek of for soften fee silver money save doing economic employer roll searches and seem at going to backyard sales and factors sales. you will desire to locate some deals there. via the way, the only silver nickels have been made throughout the time of WWII. From 1942 via 1945 and those are in basic terms 35% silver. in any different case 5 cent products are a copper-nickel composition.

Answer 3

Worthless JUNK. AS YOU SAID. All though I will collect just (2) of each for my grandsons.