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Author | Topic: New dollar coins |
ed monahan POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 09-05-2009 12:53 AM
They no longer have "In God we Trust" on them. Thanks ACLU. |
George Johnson POA Site Supporter Prowler Junkie From:Katy, TX USA |
posted 09-05-2009 07:28 AM
I refuse to carry them in my pocket. |
onecatnodog Prowler Junkie From:arvada,co,usa |
posted 09-05-2009 07:54 AM
Turn the coin sidways as it's around the edge not on the face... onecatnodog |
Tytanium-K POA Site Supporter Prowler Junkie From:Sweet Home Northern Bama, USA |
posted 09-05-2009 01:33 PM
IN GOD WE TRUST...all others Pay Ca$h! |
idive POA Site Supporter Prowler Junkie From:Texas USA |
posted 09-05-2009 05:50 PM
As was stated, IN GOD WE TRUST is on the edge of these coins with the following exception error print. Per http://www.msnbc.msn.com/id/17501178/ns/business-us_business/ Coins circulating without ‘In God We Trust’ updated 10:23 a.m. CT, Thurs., March. 8, 2007 The properly struck dollar coins, bearing the likeness of the nation’s first president, are inscribed along the edge with “In God We Trust,” “E Pluribus Unum” and the year and mint mark. The flawed coins made it past inspectors and went into circulation Feb. 15. The U.S. Mint struck 300 million of the coins, which are golden in color and slightly larger and thicker than a quarter. Bailey said it was unknown how many coins lacked the inscriptions. Ron Guth, president of Professional Coin Grading Service, one of the world’s largest coin authentication companies, said he believes that at least 50,000 error coins were put in circulation. “The first one sold for $600 before everyone knew how common they actually were,” he said. “They’re going for around $40 to $60 on eBay now, and they’ll probably settle in the $50 range.” Production of the presidential dollar entails a “new, complex, high-volume manufacturing system” that the mint will adjust to eliminate any future defects, the mint said in a statement. “We take this matter seriously. We also consider quality control a high priority. The agency is looking into the matter to determine a possible cause in the manufacturing process,” the statement said. Guth said it appeared from the roughly 50 smooth-edge dollars he has authenticated that the problem had to do with quality control rather than a mechanical error. “These coins are struck like normal coins, then they go through another machine that adds edge lettering in another process. These apparently skipped that process,” he said. “We’ve seen a couple of instances where the edge lettering may be weak or indistinct, but we’re not talking about that here.” It is the first U.S. coin to have words stamped around the edge since the storied 1933 $20 gold “double eagle,” among the rarest and most valuable in the world. In 2002, a 1933 double eagle was sold for $7.59 million — the highest price ever paid for a coin. The Washington dollars are the first in a series of presidential coins slated to run until 2016. After Washington, the presidents to be honored on dollar coins this year will be John Adams, Thomas Jefferson and James Madison. The 215-year-old Philadelphia mint, located downtown on Independence Mall, employs about 500 people and last year produced about 7.8 billion coins. The overwhelming majority of error coins are caught by inspectors and melted down. Bailey said the striking of the Adams coin, expected to roll out in mid-May, will proceed as planned. “We are adjusting the manufacturing process to try to eliminate the problems,” she said. As a side note, I think it was Roosevelt that had IN GOD WE TRUST removed from our money when he was in office, and it was put back on after he left office. I saw a $10 bill once when working a retail establishment and thought it looked strange. After further inspection, I noted it was missing IN GOD WE TRUST on it. I thought it was fake. Then I noticed the date was (I think) 1929. I stuck it under the drawer and was going to replace it with one of my bills later and keep that one, knowing its value. 30 minutes later the lady that gave it to me realized her mistake and came back for it. Being the honest idiot I am, I gave it back to her. This message has been edited by idive on 09-05-2009 at 05:59 PM |
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