It appears circulation strikes of the Presidential Dollars will have something in common with the obverse portraits it has portrayed over the years…being deceased.
In an announcement by Vice President Joe Biden, production coinage (circulation strikes) will cease to exist and coinage will only be produced to meet collector demand but at a premium. According to Biden this was the result of government investigations into cutting waste in government and that it will save the public $50 million dollars annually.
Joe and the committee leading the investigation have not their homework or else they would have discovered the multiple analysis' that showed long term savings of using coinage in-lieu of dollar bills saves even more. Or maybe they did know but their were other interests at play?
Either way this will have an impact on collectors who have been saving each coin for a set, but more-so for the young numismatic (YN) collectors out there. Limited quantity production runs will cost more as someone will have to pay for the time to set up the machines, tooling, & handling. This will most likely push the cost for an uncirculated coin anywhere from $3 to $5 per coin whereas the YN's only had to pay a dollar at their local bank and considering most sets include Philadelphia and Denver issues then the pain is felt twice.
link to yahoo article: http://news.yahoo.com/presidential-dollar-coins-victims-budget-crunch-192510623.html