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Prez Dollars



 
 
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  #1  
Old March 1st 08, 12:28 PM posted to rec.collecting.coins
[email protected]
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Posts: 19
Default Prez Dollars

I trade rolls of P mint Prez Dollars with a fellow in Texas, called
several banks in my area for Monroe issue. My bank said they have to
order $2000, and for the last several issues they couldn't get rid of
them, they will not order them. Did find one bank which will get them
shortly. By time M. VanBuren comes up there will be no significant
demand for the Dollar coins, they are not particularly popular now.
Too bad, I find them rather attractive and get at least one roll to
spend.

Jim
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  #2  
Old March 1st 08, 02:15 PM posted to rec.collecting.coins
Bruce Remick
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Posts: 3,391
Default Prez Dollars


wrote in message
...
I trade rolls of P mint Prez Dollars with a fellow in Texas, called
several banks in my area for Monroe issue. My bank said they have to
order $2000, and for the last several issues they couldn't get rid of
them, they will not order them. Did find one bank which will get them
shortly. By time M. VanBuren comes up there will be no significant
demand for the Dollar coins, they are not particularly popular now.
Too bad, I find them rather attractive and get at least one roll to
spend.

Jim


I hope at least SOME demand continues, so I can live to complete a roll set
with the Hannah Montana issue. I have had no trouble so far getting a roll
of each new dollar coin from my bank. I have no idea how many rolls they
order, but it looks like each teller only keeps three or four in their
drawer wrapped in a rubber band, plus a few loose ones in a tray with other
coins on the counter.

I find it amazing that have yet to receive (unsolicited) a dollar coin in
change for a purchase, beginning with the Ike's. Going back further, I
never received a Morgan or Peace dollar in change either when they were
worth a dollar, so maybe that says something. There has to be someone in
the banking world or somewhere who cringes every three months when another
glut of presidential dollars is added to the hundreds of unwanted millions
already languishing in storage.


Bruce


  #3  
Old March 3rd 08, 01:30 AM posted to rec.collecting.coins
Fred Shecter
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Posts: 74
Default Prez Dollars

Your bank is lying to you. They come in boxes of $1000.

$2000 is a bag of loose dollar coins.

All of that information is available in the "Fed Flash" newsletter of the
Federal Reserve.

--
-Fred Shecter
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wrote in message
...
I trade rolls of P mint Prez Dollars with a fellow in Texas, called
several banks in my area for Monroe issue. My bank said they have to
order $2000, and for the last several issues they couldn't get rid of
them, they will not order them. Did find one bank which will get them
shortly. By time M. VanBuren comes up there will be no significant
demand for the Dollar coins, they are not particularly popular now.
Too bad, I find them rather attractive and get at least one roll to
spend.

Jim



 




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