2015 U.S. Marshals Service coins sell early to officials of agency

Discussion in 'US Coins Forum' started by statequarterguy, Oct 17, 2014.

  1. statequarterguy

    statequarterguy Love Pucks

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  3. 19Lyds

    19Lyds Member of the United States of Confusion

    Best Answer
    Read the article again, the coins graded weren't "SOLD" they were for "Presentations" despite what Coin World says.

    From Public Law 112-104

    "(c) Commencement of Issuance.--The Secretary may issue coins, to the
    public, minted under this Act beginning on or after January 1, 2015,
    except for a limited number to be issued prior to such date to the
    Director of the United States Marshals Service and employees of the
    Service for display and presentation during the 225th Anniversary
    celebration."

    These were NOT from the TV Guys nor for the TV Guys but were submissions from Chief Inspector Scott Sanders and Senior Inspector Oscar Blythe of the US Marshals Service. They pair received them at the groundbreaking ceremony for the US Marshals Museum on Sept. 24 as enabled by and expressly from Public Law 112-104. Sanders and Blythe developed the idea for the commemorative coin in 2007 and worked closely with Congressional aides, the United States Mint, the US Marshals Museum, and others to make them a reality.

    For Coin World to state that the US Mint "sold" a small number of the coins is simply shoddy journalism implying some type of favoritism or under handed dealing. This is what was written into the law which enabled the production of this commemorative and was completely out of the hands of the US Mint.
     
    Last edited: Oct 17, 2014
  4. deacon2828

    deacon2828 Active Member

    As always government at it's best!
     
  5. medoraman

    medoraman Supporter! Supporter

    Doesn't bother me. As long as the general public gets the opportunity to buy eventually, I don't care. If some idiot wants to pay way too much because of "early release" or something, well a fool and his money......

    All of this "collectible plastic" crap will eventually fall to its truth worth.......zero.
     
    someconcerns likes this.
  6. Treashunt

    Treashunt The Other Frank

    well, I wasn't going to buy it anyway
     
  7. jwitten

    jwitten Well-Known Member

  8. 19Lyds

    19Lyds Member of the United States of Confusion

    Best Answer
    Read the article again, the coins graded weren't "SOLD" they were for "Presentations" despite what Coin World says.

    From Public Law 112-104

    "(c) Commencement of Issuance.--The Secretary may issue coins, to the
    public, minted under this Act beginning on or after January 1, 2015,
    except for a limited number to be issued prior to such date to the
    Director of the United States Marshals Service and employees of the
    Service for display and presentation during the 225th Anniversary
    celebration."

    These were NOT from the TV Guys nor for the TV Guys but were submissions from Chief Inspector Scott Sanders and Senior Inspector Oscar Blythe of the US Marshals Service. They pair received them at the groundbreaking ceremony for the US Marshals Museum on Sept. 24 as enabled by and expressly from Public Law 112-104. Sanders and Blythe developed the idea for the commemorative coin in 2007 and worked closely with Congressional aides, the United States Mint, the US Marshals Museum, and others to make them a reality.

    For Coin World to state that the US Mint "sold" a small number of the coins is simply shoddy journalism implying some type of favoritism or under handed dealing. This is what was written into the law which enabled the production of this commemorative and was completely out of the hands of the US Mint.
     
    Last edited: Oct 17, 2014
  9. statequarterguy

    statequarterguy Love Pucks

    Yep, some fool will probably pay crazy money for those labels.
     
  10. statequarterguy

    statequarterguy Love Pucks

    Intersting take. Hard to believe the mint would give anything away. Wait, oh yeah, maybe a bag.
     
  11. statequarterguy

    statequarterguy Love Pucks

  12. 19Lyds

    19Lyds Member of the United States of Confusion

    The US Mint is under the Authority of the United States Treasury which is run by the Secretary of the Treasury. Do you suppose that the Treasury Department sent the King of Siam a bill for that Proof Set they gave him?

    The Treasury Department gives away a lot of stuff and I expect that the two sets that were submitted to NGC were gifts in Celebration of the US Marshals anniversary. Whether or not any of the coins made "available to the US Marshals Service" in honor of the Anniversary were actually sold is really unknown to me but really, since it was written into the law is there really any controversy here?

    Nice call on the US Mint bag............
     
  13. 19Lyds

    19Lyds Member of the United States of Confusion

    Provided the two individuals that submitted them put them up for sale.

    But then, it really doesn't matter to me.
     
  14. statequarterguy

    statequarterguy Love Pucks

    You know, there was once a $20 limit on the value of a gift a federal employee could accept.
     
  15. medoraman

    medoraman Supporter! Supporter

    That is applicable to outsiders. The US government can give it's employees a "bonus" all they want.
     
  16. 19Lyds

    19Lyds Member of the United States of Confusion

    My words exactly Medoraman.
     
  17. statequarterguy

    statequarterguy Love Pucks

    Maybe, not sure how it applies between agencies. Your own agency/employer giving you a bonus may be different. Is there a possible scenario where the U.S. Marshals could be assigned to investigate the U.S. Mint? If so, a conflict would exist.

    Another issue is the wording in the law. As cited by 19Lyds, I believe it could be interpreted to mean the coins were to be given to the U.S Marshals (the agency) for display, not to be owned by individuals within the agency.
     
  18. Conder101

    Conder101 Numismatist

    I suspect that as well, and they simply had them slabbed for the display. Puts them in a protective holder with a label that explains that they are "special". What would happen to them later I don't know. Often at first striking ceremonies they have guests/vip's each strike a coin and those people are either given or are allowed to purchase the coin they struck. Usually they can't keep it at that time, and it is delivered to them after the coins go on sale.
     
  19. onecenter

    onecenter Member

    I could not agree more. I will be happy with my own half dollars and dollars when they are released in original government packaging.
     
  20. saltysam-1

    saltysam-1 Junior Member

    Even if the law reads this way, what was the reason for it? Perhaps for display or to acknowledge those who put forth the effort? But why issue it now? It could have been given or donated at the time of it's release date. What was the undeniable driving force that made it imperative to be issued ahead of time? Just to be different? Thought it would be a nice gesture? A slow day in Congress? Now that we have established a precedent, what other coins can the mint officially issue early? Reminds me of the magazines I receive. January's edition in late November of a different year. At least that is done for the subscribers and not as a special favor to the editor. Glad to see the government working together to pass such an important piece of legislature. They are number one in my book. :>)
     
    Last edited: Oct 18, 2014
  21. jwitten

    jwitten Well-Known Member

    Who cares? It really isn't a big deal
     
  22. saltysam-1

    saltysam-1 Junior Member

    I care, and for someone who doesn't care, you seem to want to push that thought and other opinions aside. You didn't care in the other thread you linked to also. Now that we know how you feel, you may move on if you think it isn't important to the collector community.
     
    Last edited: Oct 19, 2014
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