Under Law only two commemorative coins....

Discussion in 'Coin Chat' started by pappy-o, Nov 4, 2009.

  1. pappy-o

    pappy-o coinoisseur

    are allowed to be minted per year. For 2010 the American Disabled Veterans for Life & the Boy Scouts of America Coins have been authorized . Now a new bill has been introduced for next year to commemorate the opening of the International Civil Rights Museum . This bill ask for the U. S. Mint to produce 1000 silver coins. After reading this I wondered what other folks think of allowing more than two commemorative coins per year . Would it be benificial to allow more than two coins per year, say three or four, or is two coins satisfactory. I never thought of adding more but what do you folks think of the two coins per year max. ?
     
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  3. TheNoost

    TheNoost huldufolk

    on their way to letting commems get out of control again.
     
  4. chip

    chip Novice collector

    *tongue firmly in cheek*

    I agree, there are millions of worthy projects and causes, anniverseries and events, mint a coin for each and every one that anybody touts.

    Make sure that each and every coin is minted at all the mints also, so collectors will have to purchase every one to have a complete set.
     
  5. dond2885

    dond2885 Junior Member

    I hope no more then two. In 1936 Commems got out of hand and it ruined the hobby. It would take a special law to change the 2 per year. They get around it now by offering gold fives, silver dollars and clad halfs. If the NASA fiasco goes through, there will be a silver dollar for each planet and a 50$ gold piece for the sun. It will price most collectors out of the market. At least with Pluto, no longer a planet, there will only be 8 silver rounds. LOL
     
  6. pappy-o

    pappy-o coinoisseur

    Not so sure how only two commemoratives a year is getting out of control but there have been some great ones like the Lincoln dollar this year :thumb:
     
  7. jaceravone

    jaceravone Member

    Papp-O.....did you mean 1000 in your first post or 100000?

    Thats a big difference....thats the difference of "who cares because there are so many" vs. "who care because I won't be one of the few lucky who get this coin".
     
  8. pappy-o

    pappy-o coinoisseur

    It will be interesting , with the economy the way it is folks are buying up all the silver & gold they can handle , even the Mint is having a hard time keeping up with demand :loud:
     
  9. pappy-o

    pappy-o coinoisseur

    Amazing isn't it, they are asking for just 1000 coins, the new bills are H. R. 3912 & S1819
     
  10. jaceravone

    jaceravone Member

    WOW! I thought that was a typo, but I guess you are not joking. 1000 is a joke. Take about a 1 hour self out as long as the internet doesn't crash or the phone lines dont crash. That is some good brilliant thinking there. :rolleyes:
     
  11. pappy-o

    pappy-o coinoisseur

  12. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I would love to see a NASA commemorative set...but I hate this idea. They should commemorate the highlights of the space program...not the existance of celestial bodies.

    But, back to the original topic. I know that there is a law requiring a maximum of 2 commemoratives per yer...but when did this law go into affect? I know it couldn't have been too long ago because it seems like in the mid-90s a lot more than 2 came out for a given year.
     
  13. illini420

    illini420 1909 Collector

    I consider the First Spouse Gold series a commemorative series, even though it is technically not. Same with the National Park Quarters. So, in my mind they are already way over the 2 per year.
     
  14. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I can see how the first spouse set could be lumped into there...but not the national park quarters...I don't think it is possible to call a circulation coin a true commemorative.
     
  15. 900fine

    900fine doggone it people like me

    There's a big difference between "How many commems should we have ?" and "Should we have a law restricting how many we can have ?".

    Absurd law.

    US Mint should be free to make as many different designs as people want. If they can sell 'em, they should mint 'em. No limit in law. The limit should be determined with year-to-year decision making.
     
  16. TheBigH

    TheBigH Senior Member


    The 1932 quarter and 1976 quarter, half dollar and dollar are all technically circulating commemoratives. I'm confident that the State quarter and Presidential dollar series would have been called the same had there not been a law on the books limiting the production of commemoratives.
     
  17. pappy-o

    pappy-o coinoisseur

    I believe that law went into effect on Jan. 1, 1999 :smile
     
  18. pappy-o

    pappy-o coinoisseur

    You've got a valid point , there seems to be a definite gray area when it comes to commemorative coins :confused:
     
  19. pappy-o

    pappy-o coinoisseur

    Can you imagine what one of a thousand would be worth , do you think the mint would take the first 1000 calls :crying:
     
  20. TheBigH

    TheBigH Senior Member

    I can imagine what the announcers on HSN would be saying if they got their hands on some of these coins. They could finally call a modern coin rare that actually is.
     
  21. laurele

    laurele Junior Member

    Pluto IS still a planet

    Pluto is still a planet. Only four percent of the IAU voted on the controversial demotion, and most are not planetary scientists. Their decision was immediately opposed in a formal petition by hundreds of professional astronomers led by Dr. Alan Stern, Principal Investigator of NASA’s New Horizons mission to Pluto. One reason the IAU definition makes no sense is it says dwarf planets are not planets at all! That is like saying a grizzly bear is not a bear, and it is inconsistent with the use of the term “dwarf” in astronomy, where dwarf stars are still stars, and dwarf galaxies are still galaxies. Also, the IAU definition classifies objects solely by where they are while ignoring what they are. If Earth were in Pluto’s orbit, according to the IAU definition, it would not be a planet either. A definition that takes the same object and makes it a planet in one location and not a planet in another is essentially useless. Pluto is a planet because it is spherical, meaning it is large enough to be pulled into a round shape by its own gravity--a state known as hydrostatic equilibrium and characteristic of planets, not of shapeless asteroids held together by chemical bonds. These reasons are why many astronomers, lay people, and educators are either ignoring the demotion entirely or working to get it overturned.
     
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