Circulated Sac Dollars in Ecuador
reality
official currency, found it interesting to actually see our own Sac
Buck coins in such heavily circulated condition. I'm not sure grading
standards have even been established for the level of circulation on
some of the Sacs that I saw there. I never got one that looked like it
was above an XF+ in change. I kept a couple of the most worn ones that
I encountered, a 2001 that I would probably grade Fine and a 2000 that
is probably something like a VF. Just guessing, though. Apparently
they far prefer dollar coins to paper.
Conversely, I picked up about 30 or so Sacs from my local bank to take
down there with me and the lowest grade among them was probably AU58
with the great majority being shiny AU58+ to MS.
stonej
I hear that a lot of people in Ecuador believe that the coin is a
special issue for them
and that Ms. Sac herself represents an Ecuador Indian woman.
bri
"reality" <realit...@ausi.com> wrote in message
news:1163642452.5...@e3g2000cwe.googlegroups.com...
Do they look like they are made with a different alloy? I know that they use
a different alloy on some of the Sacs that they ship out of country. They
are 'dumbed-down' versions of the Sacs made for the USA so it's cheaper to
make them.
Yesterday I recieved 2 SBA's in change and they actually used them as
dollars instead of quarters! Both were just exactly AU58's.
Ed Hendricks
> Yesterday I recieved 2 SBA's in change and they actually used them as
> dollars instead of quarters! Both were just exactly AU58's.
At what business establishment did you receive the SBA's in change?
--
忽帕
~
Ed Hendricks
Jim Seymour
> I know that they use a different alloy on some of the Sacs that they
> ship out of country. They are 'dumbed-down' versions of the Sacs made
> for the USA so it's cheaper to make them.
Where did you hear this? It sounds implausible to me.
--
Jim Seymour
reality
Interesting theory that makes sense. I should have asked someone that!
reality
bri wrote:
> "reality" <realit...@ausi.com> wrote in message
> news:1163642452.5...@e3g2000cwe.googlegroups.com...
> > I recently went on a trip to Ecuador and, as the U.S. dollar is their
> > official currency, found it interesting to actually see our own Sac
> > Buck coins in such heavily circulated condition. I'm not sure grading
> > standards have even been established for the level of circulation on
> > some of the Sacs that I saw there. I never got one that looked like it
> > was above an XF+ in change. I kept a couple of the most worn ones that
> > I encountered, a 2001 that I would probably grade Fine and a 2000 that
> > is probably something like a VF. Just guessing, though. Apparently
> > they far prefer dollar coins to paper.
> >
> > Conversely, I picked up about 30 or so Sacs from my local bank to take
> > down there with me and the lowest grade among them was probably AU58
> > with the great majority being shiny AU58+ to MS.
>
> Do they look like they are made with a different alloy? I know that they use
> a different alloy on some of the Sacs that they ship out of country. They
> are 'dumbed-down' versions of the Sacs made for the USA so it's cheaper to
> make them.
Really? I haven't heard that one. The Sacs I encountered were well
worn for sure, but they didn't seem to be made of a different metal as
far as I could tell. But considering I've never seen one here in the
U.S. in a lower grade than choice AU it would be hard for me to say.
> Yesterday I recieved 2 SBA's in change and they actually used them as
> dollars instead of quarters! Both were just exactly AU58's.
LOL. Sadly, I've actually had a bank teller give me one as a quarter
before. You know that a coin design has failed when people who handle
all kinds of money on a daily basis get confused by them. A lot like
the short lived 20 cent piece design of the 1870s. It was just too
easy to confuse them with a quarter so it was quickly abandonded.
Jud
stonej wrote:
> I hear that a lot of people in Ecuador believe that the coin is a
> special issue for them
> and that Ms. Sac herself represents an Ecuador Indian woman.
The way I heard it is that the women in Ecuador carry their children
the same way
as depicted on the Sacabuck, leading them to believe that its an
Ecuadorian woman.
Jean-Baptiste Chabonneau isn't much of an Ecuadorian name tho! 8-)
bri
"Jim Seymour" <nnt...@thentao.com> wrote in message
news:455C9172...@thentao.com...
Here's a picture of one--
http://img158.imageshack.us/my.php?image=sacrev6uooo9.jpg
It might have been here where someone asked about it--I don't remember who
got it or where--it's not mine.
But I did save the picture just in case I found one and I wouldn't think it
was some kind of error.
You can see how it looks different than a nornal Sac. It looks cheaply made.
The US Mint makes coins for many other countries all over the world.
bri
"Ed Hendricks" <edTHE_OBVIO...@yahoo.com> wrote in message
news:Y7mdnfzzc91h_sHY...@comcast.com...
At a gas station.
That has got to be the only time I ever got some in change!
I spent them back at the same place today ;-)
Ed Hendricks
I have received a couple in change over the years (usually accompanied by an
apology) but never from a gas station. Cool.
Jim Seymour
> Here's a picture of one--
> http://img158.imageshack.us/my.php?image=sacrev6uooo9.jpg
> It might have been here where someone asked about it--I don't
> remember who got it or where--it's not mine.
> But I did save the picture just in case I found one and I wouldn't
> think it was some kind of error.
> You can see how it looks different than a nornal Sac. It looks
> cheaply made. The US Mint makes coins for many other countries all
> over the world.
I don't think this is a different alloy. There's been discussion in the
past about "ugly" Sacagaweas - especially how wear affects their appearance.
But more importantly: While the U.S. Mint does make coins for other
countries, the ones used in Ecuador are actually legal tender U.S. coins
that they have opted to use. Since congress has to authorize the
composition for U.S. coins, there would have to be legislation allowing
for a change - and I am not aware of any such legislation.
However, IANAL. So please somebody tell me whether I'm blowing smoke or
not...
--
Jim Seymour
Iagos Fool
They are the same alloy. A few years ago, Ecuadorian banks even had the
same US mint advertizing posters that they used here in 2000 telling folks
that they were real dollars. There may be some counterfeits in circulation
in a different alloy. They certainly have counterfeit one dollar bills.
IF
Iagos Fool
news:1163642452.5...@e3g2000cwe.googlegroups.com...
>
What parts did you visit? I am a big fan of Quito, Cuenca, and the rest of
la sierra, but I find Guayaquil horific.
> and, as the U.S. dollar is their
> official currency, found it interesting to actually see our own Sac
> Buck coins in such heavily circulated condition. I'm not sure grading
> standards have even been established for the level of circulation on
> some of the Sacs that I saw there. I never got one that looked like it
> was above an XF+ in change. I kept a couple of the most worn ones that
> I encountered, a 2001 that I would probably grade Fine and a 2000 that
> is probably something like a VF.
Any pics? This would make a good "Guess the grade" thread. :)
IF
Michael G. Koerner
Looks like a typical run-of-the-USMint Sac to me, much like the one that I got
in change from a downtown Appleton parking ramp toll machine that had a neatly
drilled and beveled hole at its top and has been riding on my keyring ever
since. My older (to me) 'pocket piece' Sac looks like that, too.
--
___________________________________________ ____ _______________
Regards, | |\ ____
| | | | |\
Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
___________________________________________ | | | | | | _______________
asd...@aol.com
recent dates for the U.S. market have been available to collectors but
not released to circulation.
reality
Iagos Fool wrote:
> "reality" <realit...@ausi.com> wrote in message
> news:1163642452.5...@e3g2000cwe.googlegroups.com...
> >
> >I recently went on a trip to Ecuador
>
> What parts did you visit? I am a big fan of Quito, Cuenca, and the rest of
> la sierra, but I find Guayaquil horific.
Ecuador is a great country with some of the nicest people that we've
ever met on a trip. We were in Quito for a few days, followed by a
week in the Galapagos. I loved Quito. It's a great city with
incredible scenery and some absolutely spectacular churches and
cathedrals. I thought the Old Town area was just awsome. We stayed at
a really nice newly renovated bed and breakfast in the La Floresta
distriuct called Casa A Le Noyer that had delicious full American style
breakfasts with all kinds of fresh fruit and freshly squeezed fruit
juices (some of which I still can't pronounce but tasted outstanding)
on the side. I actually even aquired a taste for Tree Tomato juice
during the trip. ;)
>
> > and, as the U.S. dollar is their
> > official currency, found it interesting to actually see our own Sac
> > Buck coins in such heavily circulated condition. I'm not sure grading
> > standards have even been established for the level of circulation on
> > some of the Sacs that I saw there. I never got one that looked like it
> > was above an XF+ in change. I kept a couple of the most worn ones that
> > I encountered, a 2001 that I would probably grade Fine and a 2000 that
> > is probably something like a VF.
>
> Any pics? This would make a good "Guess the grade" thread. :)
>
>
> IF
Sounds fun. I will be out of town starting in a few hours but will try
to post some to ABPN at the beginning of next week.
reality
asd...@aol.com wrote:
> Are there any late-date Sacs in circulation there? I think most of the
> recent dates for the U.S. market have been available to collectors but
> not released to circulation.
>
I only saw 2000's and 2001's, but that was from a relatively small
sample of the 15 or 20 that I received in change over the whole trip.
nnote
> They are the same alloy. A few years ago, Ecuadorian banks even had the
> same US mint advertizing posters that they used here in 2000 telling folks
> that they were real dollars. There may be some counterfeits in circulation
> in a different alloy. They certainly have counterfeit one dollar bills.
I spent a couple weeks in Peru this past summer and fakes were a huge
concern everywhere I went, even the most minimul valued curency that was
made from a metel alloy was scrutinized. I had one clerk reject a metal
one sol I gave her, saying it was fake, but I think she was just lazy
and didn't want to make change for it. Only once did I have a bartender
pull a metal 5 sol out of his pocket, then asked me for one of mine. He
then showed me how mine was good, and the one he got earlier was fake.
I really didn't see how faking a low value metal currency was worthwhile.
Nick
Michael G. Koerner
I would think that the 'sandwich' clad makeup of USA coins, including Sacs, is
a very good and difficult to fake method of easily validating them visually.
The clad layers on Sacs show up very well as the coins acquire their
well-circulated look.
richard schumacher
> > > I know that they use a different alloy on some of the Sacs that they
> > > ship out of country. They are 'dumbed-down' versions of the Sacs made
> > > for the USA so it's cheaper to make them.
> >
> > Where did you hear this? It sounds implausible to me.
>
> http://img158.imageshack.us/my.php?image=sacrev6uooo9.jpg
> It might have been here where someone asked about it--I don't remember who
> got it or where--it's not mine.
> But I did save the picture just in case I found one and I wouldn't think it
> was some kind of error.
> You can see how it looks different than a nornal Sac. It looks cheaply made.
> The US Mint makes coins for many other countries all over the world.
This is an ordinary Sac with considerable wear. I see comparable things
in rolls all the time.
The Mint does not make different versions of US coins for export.
Jonathan_ATC
"Michael G. Koerner" <mgk...@dataex.com> wrote in message
news:mf6dnQEIw8dfy_zY...@athenet.net...
> The clad layers on Sacs show up very well as the coins acquire their
> well-circulated look.
Clad layers on a Sac? Really? Never seen it. After they circulate? Never
seen it. Got any images?
Jonathan_ATC
shreadvector
core darker than the
outer golden layers. The core is 50% of the thickness and 100% copper.
I have no photos
and don't see any on the web.
http://home.earthlink.net/~smalldollars/dollar/add014.html