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Old July 6th 16, 12:39 AM posted to rec.collecting.coins
Barney
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Posts: 40
Default Are Sacajaweas still being minted for general circulation?

oepepper wrote in
:

On Tuesday, July 5, 2016 at 12:01:09 AM UTC-7, Barney wrote:
Or are the new Sacajaweas being minted only for collectors?


Barney


Starting in 2009 the reverse changed each year and beginning in 2011
all dollar coins are only available through numismatic sales from the
mint in bags, rolls or other mint products. The Federal Reserve vaults
are full of bags of dollar coins that are not circulating, so they
stopped distributing the coins thru the banking system.


Ok, that's interesting. I thought it was only the presidential dollars not
being distributed through the bank.

Of course I can only assume if a local vault service runs out of their
supply of dollar coins, they would then be obligated to order more from the
Federal Reserve? Or is a vault service not required to supply certain coin
denominations if it does not wish to do so? I'm asking because my local
bank told me their vault service was starting to run out of dollar coins.


Thanks,
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