Sacagawea Dollar
I finally received my 250 Sacagawea 2001 dollars from the Mint. They should have absolutely no fear about people not putting these coins into circulation. No collector in his/her right mind would want to keep this junk. The coins have black spots all over them . They are scratched and pitted. Every collector who got a-hold of this crap would want to get rid of it as quickly as possible. You talk about "bag marks?" It looks like Moy ordered that all the coins be placed in bags and dragged behind a horse cart up and down Girard Avenue. The Mint under his direction continues to produce a nationally embarrassing bunch of pure crap as our coinage. Not even the pirates in Somalia would accept this crap. The 1943 penny that was produced under severe duress never reached the disgraceful level of what this Mint is producing as coinage of the United States of America. Moy do the American people a favor and resign.
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Replies to This Discussion
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Permalink Reply by Steve W on -
It would be nice to get rid of Mr Moy, but jobs that have that level of pay with benefits are now becoming scarce. I would assume that he will ride this horse until it dies in 2011.
By the way, I am anxious to see your grades for my discussion coins. All four are mint state graded by the majors.
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Permalink Reply by Lee Grant on -
Steve: I would have to amend my evaluation of the Sac dollars. I said they were pitted but they are gouged rather than pitted. Under magnification I am at a loss to come up with an adjective that adequately describes this defective junk. The alloy used is pure filth. I will start ridding myself of this stuff immediately; but I fear that I will have great difficulty convincing vendors that these things are actually legal tender of the United States. I will give my uneducated guess on your coins but with people like TM and Laurein I feel really inadequate but I will try.
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Permalink Reply by True Money on -
I think it would be a great idea to start circulating these coins. There were more than 130 million of them minted for circulation between the Philadelphia and Denver Mints. If companies producing vending machines would build them to accept these dollar coins, their use would absolutely skyrocket! The dollar coin was produced to be used with an average lifespan of 30 to 40 years. The average lifespan of its counterpart is approximately 6 to 9 months. The coins cost more to produce, but the costs would be lowered exponentially throughout the years as they are used in circulation instead of the (cloth) dollar that has to be replaced after only 6 to 9 months of circulation. As for now, I would suggest using these dollar coins as tips and for any transaction which involves a dollar.
Another thing the mint should consider is a change in composition of the dollar coin. Since these coins lose the quality in their appearance so easily, the mint should consider changing the composition to something more desirable to the public such as the same bronze alloy that survived with the Lincoln Cent forever or to an all-nickel composition that tarnishes or tones less frequently with much better eye appeal.
Jump in on the grading thing. Thanks for the complement. I try to encourage everyone to learn the third party grading practices and the true grading criteria. It can help you prevent getting burned on a coin if you know what to look for.
-True Money!
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Permalink Reply by FiremanDev on -
Lee- I have to say, I enjoyed immensely the other, original heading associated with this discussion..
Cacagawea Dollar. It seemed to fit what's being shipped from The Mint.
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