Stealing from Belle of the Ranch, who said something along the lines of how the coin perfectly encapsulates Trump: orange tint, his face looks like the mugshot, you lose money by buying it, and it is made from nickel which is imported from Canada.
In all fairness, commemorative coins often cost more than their face value. However, as has been pointed out, coins with living people on them usually only occur in kingdoms and dictatorships, so you decide which one the US is at the moment.
It is illegal to mint a coin of a living president,and this is shitty dictator stuff That said. All limited collector coins cost more than their worth. Purposefully. It's a fundraising tactic targeting coin collectors.
Ah. I haven't seen a commercial for a commemorative coins in a long time, but I distantly recall coins with a legal tender value of $1 selling for $19.95.
Jesus, I most certainly did not. Any ad I saw about them was more like "We've put those coins into circulation, collect them all! Buy your collector book at your local Canada Post office."
That sounds like special mintings of regular coins, which we also have (most notably the '50 states' quarters). We just ALSO have (had?) commemorative coins, usually struck by the Franklin Mint, that were technically legal tender but intended chiefly as collectibles and retailed accordingly.
Yes, technically. In the 1900s there was a $1 coin. Sacajawea's face on it. They cost $1.00. Also legal tender. Not 'commemorative', actual currency. Have you ever spent one? On goods or services? How about the $2.00 bill? They also cost $2.00, face value. If you spent those you got $2.00 worth of goods or services. Ever had one? Spent it in a store? No. If I went to a mini mart with either of these, it would be questioned- maybe refused. AT LEAST THEY WERE FACE VALUE & not an open grift.
It is. But commemorative coins are sold at face value. Real dollars cost- one dollar. Collectibles are a different thing (and are limited editions, so they have 'collector' value). We had a whole set of commemorative quarters that cost exactly 25 cents each. Not a dollar each, not 50 cents, not 35 cents. 25 cents.
Bro, i was born in 81 and i've done all of that, many times. They are well-known legal tender. Hell, there's a scrap metal company around here that pays out in $2 bills. They still take them just fine. Vending machines still take dollar coins.
Trumps coins are not going to be accepted anywhere because they are a huge loss to use them, IF they are accepted at all. You'd have to use them at an establishment that didn't think they were idiotic, and then thought they could get rid of them at value.
Rapist/pedo coins bearing face value of $1 are selling for $2.00 in currency equivalent. even if one never circulates it, one has paid TWICE face value for
i have spent many-a 2 dollar bills and 1 dollar coins. you can go to a bank and get both. (not an actual gold dollar coin, obviously), but usa has plenty of dollar coins and 2 dollar bills in circulation.
There was little interest in the Sacajawea coin as a circulating medium, most were placed in United States Mint & Federal Reserve vaults and mintage ceased after 1981. If you try to order $2.00 bills at the bank, there is a fee to get them. The Sacagawea dollar coin was introduced in 2000, but minted only for niche circulation from 2002 onward. The coin generally failed to meet demands but it is still 'generally' accepted in circulation.
Actually, yes to one of those. I've still got a $2 somewhere. The coin is one I used to have in my numismatist phase in my teens. No idea what happened to it. Probably in my parents house somewhere.
My point exactly. If you took either of those 'legal tender' items to the store, it would cause a ruckus. You & I know & recognize them. A clerk selling roller dogs at 7-11 will question this. Almost ALL of these coins & bills are 'somewhere', in a drawer marking a page in a book. I have 4 $2.00 bills. In a drawer. Susan B. Anthony too. If it is in a drawer, it is NOT being used, not circulated. All 'legal tender' but no one is using it as such. Numismatists, sure. That's different.
I'm sorry, did you say you have a US $2.00 coin? None have ever been minted. Quarter eagle: $2.50, 1796–1929 (some early commemoratives were minted in this denomination) Three-dollar piece: $3.00, 1854–1889 Stella: $4.00, 1879–1880 (not circulated). There was a comics store in Sparks, NV named Stella Comics. The owner had one Stella coin. Paper $2.00 bills, yes. No $2.00 coin, ever.
tzahtman
Stealing from Belle of the Ranch, who said something along the lines of how the coin perfectly encapsulates Trump: orange tint, his face looks like the mugshot, you lose money by buying it, and it is made from nickel which is imported from Canada.
Ghlargh
In all fairness, commemorative coins often cost more than their face value.
However, as has been pointed out, coins with living people on them usually only occur in kingdoms and dictatorships, so you decide which one the US is at the moment.
bluboy80
Soon to be dictatorship, we'll find out for sure come midterms
EMHPicardo
(Sarcasm)
Canigetbannedagain2
"What a deal"... ( Yes, this is sarcasm, and yes I believe people will honestly say this)
kahooki
diaper dollar
FiftyShadesOfMascarpone
Or diddler dollars.
Deikin
Corrupt Coin
genericanamoly
The rapist ruble
Donoiw
Pedo pennie
yamsonyamsonyams
Raple, if you will
bardman135
The pedo peso
SalmonTheWise
The ruble is already the rapist's ruble
thedill2000
It is illegal to mint a coin of a living president,and this is shitty dictator stuff
That said. All limited collector coins cost more than their worth. Purposefully. It's a fundraising tactic targeting coin collectors.
Xenarion
Unprecedented, sure, but illegal, is it?
thedill2000
Yes. https://www.congress.gov/bill/109th-congress/senate-bill/1047
fknbastard
Pedo pennies
YouRadicalizedMe
Goldensands
maday1br
Aren't... aren't commemorative coins USUALLY sold for more than face value?
Camelspotting
Shhh we don't do basic facts here
Xenarion
They don't in Canada, at least for their original issue. Resellers, that's another thing.
maday1br
Ah. I haven't seen a commercial for a commemorative coins in a long time, but I distantly recall coins with a legal tender value of $1 selling for $19.95.
Xenarion
Jesus, I most certainly did not. Any ad I saw about them was more like "We've put those coins into circulation, collect them all! Buy your collector book at your local Canada Post office."
maday1br
That sounds like special mintings of regular coins, which we also have (most notably the '50 states' quarters). We just ALSO have (had?) commemorative coins, usually struck by the Franklin Mint, that were technically legal tender but intended chiefly as collectibles and retailed accordingly.
ThatOtherGirlYouKnow
$25 with his face on it costs $61, or $5 cost for just $1 if you don't wanna 'buy' in bulk. Its literally money that is worth less.
thirdlittilbird
I'm guessing once you own it, it will be worth even less than the amount it is. Buy $1 for $5 so that get 50c
Xenarion
If it's legal tender, most likely not.
AntaNce
It's not 'money' of any kind. NOT currency. Try to pay your electric bill with any of it. Try to buy a slurpee, some gum. The answer is NO.
ThatOtherGirlYouKnow
Technically it is legal tender.
Toqom
Federal law prohibits living people being on currency. I'd deny his money all day
AntaNce
Yes, technically. In the 1900s there was a $1 coin. Sacajawea's face on it. They cost $1.00. Also legal tender. Not 'commemorative', actual currency. Have you ever spent one? On goods or services? How about the $2.00 bill? They also cost $2.00, face value. If you spent those you got $2.00 worth of goods or services. Ever had one? Spent it in a store? No. If I went to a mini mart with either of these, it would be questioned- maybe refused. AT LEAST THEY WERE FACE VALUE & not an open grift.
Xenarion
In Canada we have commemorative coins all the time. Is that not a thing in the USA?
AntaNce
It is. But commemorative coins are sold at face value. Real dollars cost- one dollar. Collectibles are a different thing (and are limited editions, so they have 'collector' value). We had a whole set of commemorative quarters that cost exactly 25 cents each. Not a dollar each, not 50 cents, not 35 cents. 25 cents.
myeyesthegogglesdonothing
I saw a shit ton of both working fast food 20 years ago
TheBlueMuppet
Bro, i was born in 81 and i've done all of that, many times. They are well-known legal tender. Hell, there's a scrap metal company around here that pays out in $2 bills. They still take them just fine. Vending machines still take dollar coins.
Trumps coins are not going to be accepted anywhere because they are a huge loss to use them, IF they are accepted at all. You'd have to use them at an establishment that didn't think they were idiotic, and then thought they could get rid of them at value.
AntaNce
Rapist/pedo coins bearing face value of $1 are selling for $2.00 in currency equivalent. even if one never circulates it, one has paid TWICE face value for
Audasity
i have spent many-a 2 dollar bills and 1 dollar coins. you can go to a bank and get both. (not an actual gold dollar coin, obviously), but usa has plenty of dollar coins and 2 dollar bills in circulation.
AntaNce
There was little interest in the Sacajawea coin as a circulating medium, most were placed in United States Mint & Federal Reserve vaults and mintage ceased after 1981. If you try to order $2.00 bills at the bank, there is a fee to get them. The Sacagawea dollar coin was introduced in 2000, but minted only for niche circulation from 2002 onward. The coin generally failed to meet demands but it is still 'generally' accepted in circulation.
ThatOtherGirlYouKnow
ThatOtherGirlYouKnow
Actually, yes to one of those. I've still got a $2 somewhere. The coin is one I used to have in my numismatist phase in my teens. No idea what happened to it. Probably in my parents house somewhere.
AntaNce
My point exactly. If you took either of those 'legal tender' items to the store, it would cause a ruckus. You & I know & recognize them. A clerk selling roller dogs at 7-11 will question this. Almost ALL of these coins & bills are 'somewhere', in a drawer marking a page in a book. I have 4 $2.00 bills. In a drawer. Susan B. Anthony too. If it is in a drawer, it is NOT being used, not circulated. All 'legal tender' but no one is using it as such. Numismatists, sure. That's different.
AntaNce
I'm sorry, did you say you have a US $2.00 coin? None have ever been minted. Quarter eagle: $2.50, 1796–1929 (some early commemoratives were minted in this denomination) Three-dollar piece: $3.00, 1854–1889 Stella: $4.00, 1879–1880 (not circulated). There was a comics store in Sparks, NV named Stella Comics. The owner had one Stella coin. Paper $2.00 bills, yes. No $2.00 coin, ever.