Gold Dollars at the PO

Gold Dollars at the PO

Post by Eric » Wed, 05 Jul 2000 04:00:00



Gold Dollars are finally at the Post Office vending machine in downtown
Phoenix. Bought some stamps this morning and was pleasently surprised to get
two 1999-D SBA's and three 2000-P Golden Dollars. Last time I bought stamps
there was a few weeks back and it was all 1999-D SBA's. Since today is the
4th of July I thought it was appropriate the machine now has Golden Dollars.

-Eric

 
 
 

Gold Dollars at the PO

Post by Barn » Thu, 06 Jul 2000 04:00:00


Quote:

>Gold Dollars are finally at the Post Office vending machine in downtown
>Phoenix. Bought some stamps this morning and was pleasently surprised to get
>two 1999-D SBA's and three 2000-P Golden Dollars. Last time I bought stamps
>there was a few weeks back and it was all 1999-D SBA's. Since today is the
>4th of July I thought it was appropriate the machine now has Golden Dollars.

>-Eric

That's great!  I'll have to check the one near Phoenix the next time I'm
about.  

Barney

 
 
 

Gold Dollars at the PO

Post by Paul Matu » Thu, 06 Jul 2000 04:00:00



Quote:
> Gold Dollars are finally at the Post Office vending machine in downtown
> Phoenix. Bought some stamps this morning and was pleasently surprised to
get
> two 1999-D SBA's and three 2000-P Golden Dollars. Last time I bought
stamps
> there was a few weeks back and it was all 1999-D SBA's. Since today is the
> 4th of July I thought it was appropriate the machine now has Golden

Dollars.

Whoa! You meant "Golden" dollars.

I had a flashback there. In the '70s, right after it became legal to own
gold again, the PO had forms to buy gold double eagles from the government
for something like $50 (when gold was about $42.50).

For a giddy moment, I thought that had returned.

 
 
 

Gold Dollars at the PO

Post by ToddESta » Thu, 06 Jul 2000 04:00:00


I don't ever remember hearing about that!  Anyway, did you buy any?

Todd

Quote:

> Whoa! You meant "Golden" dollars.

> I had a flashback there. In the '70s, right after it became legal to own
> gold again, the PO had forms to buy gold double eagles from the government
> for something like $50 (when gold was about $42.50).

> For a giddy moment, I thought that had returned.

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Gold Dollars at the PO

Post by Paul Matu » Thu, 06 Jul 2000 04:00:00


No, after gold had been $35 since way before I was born (I was in my 20s,
then), $50 seemed like an awful lot to shell out. If the coins had been
right there (instead of having to send away for them) I probably would have
given in.

I only got as far as getting the order form and looking at it for a long
time (sigh).

I didn't buy Microsoft at 2, either.


Quote:
> I don't ever remember hearing about that!  Anyway, did you buy any?

> Todd


> > Whoa! You meant "Golden" dollars.

> > I had a flashback there. In the '70s, right after it became legal to own
> > gold again, the PO had forms to buy gold double eagles from the
government
> > for something like $50 (when gold was about $42.50).

> > For a giddy moment, I thought that had returned.

 
 
 

Gold Dollars at the PO

Post by C. Brunn » Thu, 06 Jul 2000 04:00:00




Quote:
>Gold Dollars are finally at the Post Office vending machine in downtown
>Phoenix. Bought some stamps this morning and was pleasently surprised to get
>two 1999-D SBA's and three 2000-P Golden Dollars. Last time I bought stamps
>there was a few weeks back and it was all 1999-D SBA's. Since today is the
>4th of July I thought it was appropriate the machine now has Golden Dollars.

>-Eric

The Post Office here (Auburn, AL) doesn't even return dollars, much
less Sac dollars.  The biggest bill it will take is $10, and it won't
return more than $5 change.  It's not even a good source of statehood
quarters, because it refuses to sell a $4.95 book of stamps for $10
(that would be $5.05 change, which is over the maximum--so it rejects
the $10 and issues a warning).  In desperation, I put a $5 bill into
the change machine (that's the biggest bill it'll take), and got 20
quarters.  Only 3 were statehood quarters, and they were common ones.

Wal-Mart no longer has Sac dollars.  The clerk said, "We don't get
any, anymore.  We did in the beginning, but they're all gone."  Yeah,
I know, they have to request dollar coins from the bank, but why
should a *customer* have to explain that to them?  What's happened to
the gov'mint's promotional campaign?

Every Sac dollar I've spent has been snapped up by somebody who was
thrilled to see one.  The manager at the local Texaco quick-stop
claimed two, thanked me profusely, and said he was adding them to his
collection.  When I protested (nicely), and his co-worker accused him
of hoarding them for the gold (LOL), he said he just "likes them", and
has "maybe 70 or 75 at home."  Geez.

C. Brunner

 
 
 

Gold Dollars at the PO

Post by Michael G. Koerne » Thu, 06 Jul 2000 04:00:00


Quote:



> >Gold Dollars are finally at the Post Office vending machine in downtown
> >Phoenix. Bought some stamps this morning and was pleasently surprised to get
> >two 1999-D SBA's and three 2000-P Golden Dollars. Last time I bought stamps
> >there was a few weeks back and it was all 1999-D SBA's. Since today is the
> >4th of July I thought it was appropriate the machine now has Golden Dollars.

> >-Eric

> The Post Office here (Auburn, AL) doesn't even return dollars, much
> less Sac dollars.  The biggest bill it will take is $10, and it won't
> return more than $5 change.  It's not even a good source of statehood
> quarters, because it refuses to sell a $4.95 book of stamps for $10
> (that would be $5.05 change, which is over the maximum--so it rejects
> the $10 and issues a warning).  In desperation, I put a $5 bill into
> the change machine (that's the biggest bill it'll take), and got 20
> quarters.  Only 3 were statehood quarters, and they were common ones.

> Wal-Mart no longer has Sac dollars.  The clerk said, "We don't get
> any, anymore.  We did in the beginning, but they're all gone."  Yeah,
> I know, they have to request dollar coins from the bank, but why
> should a *customer* have to explain that to them?  What's happened to
> the gov'mint's promotional campaign?

> Every Sac dollar I've spent has been snapped up by somebody who was
> thrilled to see one.  The manager at the local Texaco quick-stop
> claimed two, thanked me profusely, and said he was adding them to his
> collection.  When I protested (nicely), and his co-worker accused him
> of hoarding them for the gold (LOL), he said he just "likes them", and
> has "maybe 70 or 75 at home."  Geez.

The thing to do is to simply keep 'loading' him up with those coins.
EVERYONE has a 'breaking point'.

:-)

--
____________________________________________________________________________
Regards,

Michael G. Koerner
Appleton, WI

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address to reply.   ***NOTICE***
____________________________________________________________________________

 
 
 

Gold Dollars at the PO

Post by Dan P » Thu, 06 Jul 2000 04:00:00


Quote:

>Whoa! You meant "Golden" dollars.

>I had a flashback there. In the '70s, right after it became
legal to own
>gold again, the PO had forms to buy gold double eagles from the
government
>for something like $50 (when gold was about $42.50).

>For a giddy moment, I thought that had returned.

Huh? I was around back then, read Numismatic News faithfully and
never saw anything like that. Are you sure you ain't thinking
about the Carson City silver dollar sales?

Dan

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Up to 100 minutes free!
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Gold Dollars at the PO

Post by Cliff Cantre » Thu, 06 Jul 2000 04:00:00


Quote:


>> >Gold Dollars are finally at the Post Office vending machine in downtown
>> >Phoenix. Bought some stamps this morning and was pleasently surprised to get
>> >two 1999-D SBA's and three 2000-P Golden Dollars. Last time I bought stamps
>> >there was a few weeks back and it was all 1999-D SBA's. Since today is the
>> >4th of July I thought it was appropriate the machine now has Golden Dollars.

>> >-Eric

I took a trip to the Douglasville, Georgia main post office on the
4th. Put a 20 in the machine, asked for 3 .33 stamps and got back 1
cent and 19 golden gollars.  All looked in nice shape but alas there
was no mule.
Will keep putting the random 20 in and see what pops out.
Cliff
 
 
 

Gold Dollars at the PO

Post by Paul Matu » Thu, 06 Jul 2000 04:00:00



Quote:

> >Whoa! You meant "Golden" dollars.

> >I had a flashback there. In the '70s, right after it became
> legal to own
> >gold again, the PO had forms to buy gold double eagles from the
> government
> >for something like $50 (when gold was about $42.50).

> >For a giddy moment, I thought that had returned.

> Huh? I was around back then, read Numismatic News faithfully and
> never saw anything like that. Are you sure you ain't thinking
> about the Carson City silver dollar sales?

After almost 30 years, I'm not _absolutely_ sure about anything, including
my given name.

But I seem to remember this in some detail, including the order forms, so
maybe I'm not misremembering.

How much were the CCs offered for, and when?

 
 
 

Gold Dollars at the PO

Post by John DeBo » Thu, 06 Jul 2000 04:00:00


Went to one of the PO's in Albuquerque today & got a mix of 1979 SBUglies & GD's
which I'll spend over the next day or so.  Was hoping to get a Denver GD but no
luck yet.

Quote:

> Gold Dollars are finally at the Post Office vending machine in downtown
> Phoenix. Bought some stamps this morning and was pleasently surprised to get
> two 1999-D SBA's and three 2000-P Golden Dollars. Last time I bought stamps
> there was a few weeks back and it was all 1999-D SBA's. Since today is the
> 4th of July I thought it was appropriate the machine now has Golden Dollars.

> -Eric

--

 
 
 

Gold Dollars at the PO

Post by biggfred » Fri, 07 Jul 2000 04:00:00



Quote:
> I had a flashback there. In the '70s, right after it became legal to own
> gold again, the PO had forms to buy gold double eagles from the government
> for something like $50 (when gold was about $42.50).

> For a giddy moment, I thought that had returned.

Flashback?  Sounds more like you had a senior moment.  When it became "legal
to own gold again" on Dec 31, 1974, world speculation on the impact of the
US buyers re-entering the market drove the price of gold to a peak of
$200.90, IIRC.  For a few years, it went steadily down, to about $100 an
ounce.

It seems that all the US buyers who wanted to own gold already did, in the
form of sovereigns, Mexican 50 and smaller pesos, $20 Libs and Saints, 1 and
4 ducats, 100 koronas and coronas, and roosters, in rough order of
popularity.  All of these were "legal to own gold" before the ban.

A handful of years before that, US $20 gold did hit that $50 figure, but it
had nothing to do with the underlying price of gold, which was fixed
internationally by the US government.  Investors dumped their holdings from
Swiss banks, and the combination of the newly available quantities plus
rumors that these coins were counterfeit got them to about that level.  I
know a dealer in Cincinnati who hocked everything he could get his hands on
to buy 300 twenties at $49.50 per.

--
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Don't forget to take along spending money!  They don't take American
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Gold Dollars at the PO

Post by biggfred » Fri, 07 Jul 2000 04:00:00



Quote:
> In desperation, I put a $5 bill into
> the change machine (that's the biggest bill it'll take), and got 20
> quarters.  Only 3 were statehood quarters, and they were common ones.

Please advise which SQs are not common ones, so I can look for them.

--
Have you been told to go to Hell?  Looking forward to the trip?
Don't forget to take along spending money!  They don't take American
Express,unless you have an asbestos card.  We have what you need, here:
http://cgi.ebay.aol.com/aol/aw-cgi/eBayISAPI.dll?ViewItem&item=353782938

 
 
 

Gold Dollars at the PO

Post by Bob Gilreat » Fri, 07 Jul 2000 04:00:00



: >>
: >> >Gold Dollars are finally at the Post Office vending machine in downtown
: >> >Phoenix. Bought some stamps this morning and was pleasently surprised to get
: >> >two 1999-D SBA's and three 2000-P Golden Dollars. Last time I bought stamps
: >> >there was a few weeks back and it was all 1999-D SBA's. Since today is the
: >> >4th of July I thought it was appropriate the machine now has Golden Dollars.
: >> >
: >> >-Eric
: >>
: I took a trip to the Douglasville, Georgia main post office on the
: 4th. Put a 20 in the machine, asked for 3 .33 stamps and got back 1
: cent and 19 golden gollars.  All looked in nice shape but alas there
: was no mule.
: Will keep putting the random 20 in and see what pops out.
: Cliff

;-)  I did the same thing yesterday.  Kinda Like the lottery
cept it only costs ya .99 cents.

alas I had the same results as the lottery.... No Mule.

Tho the anticipation of looking at each one for a mule was
fun for a few minutes, broke up the day.  then back to work where
I found plenty.... but thats another story!

;-)

Bob

 
 
 

Gold Dollars at the PO

Post by Paul Matu » Fri, 07 Jul 2000 04:00:00



Quote:


> > I had a flashback there. In the '70s, right after it became legal to own
> > gold again, the PO had forms to buy gold double eagles from the
government
> > for something like $50 (when gold was about $42.50).

> > For a giddy moment, I thought that had returned.

> Flashback?  Sounds more like you had a senior moment.  When it became
"legal
> to own gold again" on Dec 31, 1974, world speculation on the impact of the
> US buyers re-entering the market drove the price of gold to a peak of
> $200.90, IIRC.  For a few years, it went steadily down, to about $100 an
> ounce.

You may be right, Fred, but I'm not 100% sure I'm wrong (yet).

Thinking further, it seems to me there was an interim period _before_
bullion gold became legal again, in which the coins (which were legal) were
offered. This would have been before 12/31/74 but no earlier than 1971 when
I was house-hunting in my current home town, since my memory is of getting
the offering brochures at that post office. Accoirding to Kitco, goild
stayed under $50 until April 1972.

This could still be a senior moment, but it's a complicated one.

Comng soon: complete memory lapses and memories of my service in the War
Between the States. ;-)