How To Start Collecting Coins on a Budget: Part 2

Continuing the theme of collecting on a budget, I’d like to take a look at the US presidential dollar set that is currently in process. Beginning in 2007, the Mint began releasing dollar coins with the names and faces of past US presidents. Four are being released each year, with ten released so far, and 41 total currently scheduled through 2016.

Reasons to collect Presidential Dollars:

  • Just like the state quarters, the dollars are being released in order of the presidents, beginning with George Washington. Another great educational opportunity for kids to learn about our presidential history!
  • Dollar coins can be obtained at your local bank as they are released to make sure they are in great condition.
  • The set will be continuing for a number of years, so the annual investment is small, and there will be more to look forward to for quite a while!
  • Budget: 41 presidents = $41, one from each mint would be $82. Add a folder and you’re looking at about $90. While more than the quarter set, this expense can be spread out over a number of years, and $8 per year for the presidents is very manageable.