Collectibles
The Abraham Lincoln Presidential Golden Dollar Uncirculated Coin 2010 P Mint
United States Mint
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2010 Lincoln Dollar
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Answers
I read on the news that in some dollar coins there was no " In god we trust" and if you find it, that you can cash it back for more than what it's worth. Does anybody know where to sent them?
On the Presidential Series $1 coins, The mottos "IN GOD WE TRUST" and "E PLURIBUS UNUM", along with the date and mint mark, are on the edge rather than on either side.
There were a few thousand released that do not have the edge lettering.
In this episode of Spare change we discuss the Presidential Dollars. We talk about the Presidential dollar coins creation and almost their demise ...
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McDonald's Canada gvies away 4000 CDN dollar coins in Alberta to celebrate Dollar Drink Days!
ok.
i have a lot of dollar coins
i mean a lot
like $535 worth of it.
and i want to change it into bills
but how? since its too much.
I assume you have Susan B's and later dollar coins?
To the bank. Or just start using them to buy groceries, gas, coffee, lunch, whatever. They have to take them. Coin of the realm, really.
If they are 1976 or earlier, they are SILVER and worth
US Economy Saved by a Trillion-Dollar Coin?
Are there other ways for the president to raise money besides borrowing?
Sovereign governments such as the United States can print new money. However, there's a statutory limit to the amount of paper currency that can be in circulation at any one time.
Ironically, there's no similar limit on the amount of coinage. A little-known statute gives the secretary of the Treasury the authority to issue platinum coins in any denomination. So some commentators have suggested that the Treasury create two $1 trillion coins, deposit them in its account in the Federal Reserve and write checks on the proceeds.
The government can also raise money through sales: For example, it could sell the Federal Reserve an option to purchase government property for $2 trillion. The Fed would then credit the proceeds to the government's checking account. Once Congress lifts the debt ceiling, the president could buy back the option for a dollar, or the option could simply expire in 90 days. And there are probably other ways that the Fed could achieve a similar result, by analogy to its actions during the 2008 financial crisis, when it made huge loans and purchases to bail out the financial sector.
U.S. Economy Saved by a Trillion-Dollar Coin? :: The Market Oracle ...
Now that the "crisis" over the federal debt ceiling has been averted, we can leisurely explore two of the wackier proposals that emerged during the state of panic. Not surprisingly, the schemes involved the Federal Reserve and its ability to circumvent, not just standard accounting, but also the traditional divisions of political power. It's worth studying the episode carefully because we will probably see one or more of these "solutions" promoted as the only answer to another crisis in the not-too-distant future.
Bernanke and Geithner Don't Need No Stinkin' Debt-Ceiling Increase
Late last week, when more and more analysts contemplated the horror of a US government default and partial shutdown, Jack Balkin — a professor of constitutional law at Yale — outlined strategies that the White House could use to evade the pesky borrowing ceiling imposed by a fickle Congress:
Are there other ways for the president to raise money besides borrowing?...
1910 Chinese Yunnan Spring Dollar Featured in Heritage ... - Coin News
The legendary 1910 Chinese Dragon Dollar, called the Yunnan Spring Dollar in reference to the four Chinese characters that translate to "Spring 1910" on its reverse, could bring in excess of $1,000,000 as part of Heritage Auctions Sept. 8-9 Long Beach Signature® World & Ancient Coins Auction , at the Long Beach Convention Center.
"This enigmatic issue is one of China’s rarest coins, with only two genuine pieces known," said Warren Tucker, Vice President of World Coins at Heritage. "It’s been a coin of mystery and legend since its discovery around 1920. Despite near constant research in Chinese numismatics, time has yielded no definite reason or meaning for the term ‘Spring 1910.’"
The first genuine example of this issue to appear at public auction was sold in Beijing, in April 2002, at the Hua Chen auction. That same piece later sold in a Cheng Xuan sale, also in Beijing, in 2007 where it brought 3,192,000 RMB (US$468,000).
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