Friday, July 22, 2011

2010-P Native American Dollar

Do you have a dollar coin and want to know how much it's worth? Leave a comment

Great Law of Peace
Both the name of the dollar coin and the constitution made by the Iroquois nations. This Great Law of Peace influenced America's founders and how they wrote the United States Constitution. As with most treaties this original laws involved everything from holidays, emigration, rights in wars, and even how long to mourn the dead.


I would not say it is ironic but something close enough that may do away with these dollar coins. By law these Native American coins must make up 20% of all dollar coins. Slight problem with that is that aside from New York City no else wants these, I got this one from a Metrocard machine. Currently over 1.25 billion dollar coins are sitting in surplus storage with no plans to ship. Solutions floating around call for ending the dollar coin program or scale back production to almost nothing. Modifying the 20% law could be better.

Another law allows people to buy thousands of dollars coins and have them shipped for free. Some people have done this with credit cards and then quickly payoff the bill with the same coins. This little scam gets them reward points essentially for free. Granted the coins do get to local banks but never really get circulated.

Current coin laws are bound to change but often they go against collectors...1933 verdict.

 

Reminder the date and mintmark is on the edge.


Here's the stats...
Type/Country: 1 Dollar-Native American / United States
Year: 2010 P (Edge normal)
Mintage: 32,060,000
Metal: 88.5% Copper, 6% Zinc, 3.5% Manganese, and 2% Nickel
Value: $1.00 in F-12


Do you have a dollar coin and want to know how much it's worth? Leave a comment/question and I will do my best to find out the price and history for you.

9 dollars worth, for Comments/Questions click here.:

Oz Girl said...

I usually buy any dollar coins I get at the turnpike, mostly because it's a method I use to save money. I buy half-dollar pieces too -- have a 1967 which is 40% silver. Have rec'd quite a few silver dimes, one mercury dime with good relief (1938).

Saw the news piece earlier last week about people buying thousands of dollar coins from the U.S. Mint just to rack up their frequent flier miles on their credit cards - U.S. Mint has now instituted limits. I believe you can only purchase $3000 max in 10 days. I ended up buying a 2010 silver proof set by virture of that article, lol... for my granddaughter who was born in 2010. :-)

Ok, gotta get going on chores. Will visit when I can! :)

Anonymous said...

How much would a 1956-R 5 lire coin in average circulated condition be worth?

Man said...

I ended up buying a 2010 silver proof set by virture of that article, lol... for my granddaughter who was born in 2010. :-)

That is a good buy especially with silver doing so well.

Have a good day and keep collecting.

Man said...

1956-R 5 lire coin in average circulated condition about $30.00

CE87 said...

I recently bought a silver 2010 P Sacagawea dollar coin, Mint condition. Have had no luck in finding a value. Would appreciate any help you could give.

Man said...

silver 2010 P Sacagawea dollar coin, Mint condition

Plated coin, no extra value above $1.00.

CE87 said...

Ok, thanks!

SARGE said...

Is a Kennedy half bicentennial with independence hall on back an error ??

Man said...

Is a Kennedy half bicentennial with independence hall on back an error ??

No, it was a commemorative issue but still common, just $0.50.