Sunday, June 3, 2012

AN UPDATE ON PRESIDENTIAL DOLLARS

Perhaps the government is serious about saving money because the new presidential dollars for the year are out with a premium on their backs. The first two coins are now released and come with a heavy premium.
Grover Cleveland is now out in rolls from the mint or can be purchased at some coin stores.
With the releases now at very low mintages and with no fanfare they are only being collected by coin enthusiasts.
This may be an avenue down the road to make some money because if people want the entire series at some point it will be quite expensive to obtain all the coins.
As mentioned in previous posts the modern presidents we have grown up with are still going to be released and the old rules of waiting for someone to be dead for a number of years might be abolished.
These coins could be an ugly duckling series and I advise my readers to obtain a couple of rolls as a long term investment.












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