true or false?. 50 statehood quarter start 1999. followed by westward nickels. then we have future presidents and their wifes. lincoln centiennial. jeferrson nickel reverse adjustment. platinum coin reverse design annually. and more talking about changes in dime and half dollar. new modern commemmorative series continue. and american eagles. all fall within 1999 to 2020. i see more children and adults talking about new coin and its design. it's a good sign. and a very busy days ahead for u.s. mint.
I'm of mixed opion on this one. On one hand, all the new designs strengthen the hobby by increasing its intrest with the general public. On the other hand, the mint is overdoing it and flooding the market so like the early to mid 1900's commems, people will just get tired of it and lose interest. Pros and cons, pros and cons.
Please tell me the Presidents and their wives isn't a done deal. If so, yikes! Would the Hillary Clinton coin still be worth a full dollar?
more, hers will be gold!! unless of course you mean her Presidential coin and not her First Lady coin...
Good one, I guess we'll see ... But seriously, I looked on the mint's website and couldn't find anything about plans for either of these series -- can anyone fill me in on the situation? Are they planning for sure on a presidential/president's wives coin series?
The legislation that will accomplish this series is still in Congress, IIRC. Once it becomes law (it very likely will eventually pass since most senators are listed as co-sponsors of the bill), then it will be given to the mint as a mandate to create the coins. That is when you will be able to read about it on the mint's website.
golder years i knew so many relatives and friends started to talk about coin collecting. thanks to 50 state quarter and nickel program by the u.s. mint. it really work.
It has certainly rekindled a smoldering interest, but I don't see any of the modern coinage being worth much in the future. I mean, if there are 28 gajillion copies of something floating around, how much can it be worth? My sincere hope is that it draws in a new generation of collectors, who, instead of pogs and Pokemon cards, might find some REAL joy in collecting history.
I see it as possibly a time which will be seen as a low point as the mint floods the market with so many different designs, compositions, sets, and holder options that many collectors get sick of it and either leave the hobby or switch to older material or Darkside. Much like happened to the stamp collecting hobby with all the different designs and varieties they produced. Stamp collecting used to be a vibrant hobby. Now it makes coin collecting look frantic.
Now I get it. They all think they're going to eventually be president. They think they're putting themselves on the coin.
The risk of all of these commems is that the mint becomes a sort of Franklin mint and devalues and cheapens all of its products.
golden years to be honest. i just started late for the statehood series. i came back after 10 years of absent from collecting coins. mainly playing the stock market. so middle of this year. i started to purchase heavily on 2005 u.s.mint coins. i believed these few years. starting 1999 to next couple of years. with gold and silver going up. coins should be a boom market.
golden years i do believe so. good jobs for u.s. mint. i also wish the bureau of printing and engraving do the same.
In my opinion, with all the new designs and all the new collectors,prices will rise for all the new stuff just to come crashing down in a few years And in return all of the older rarer coins will shoot through the roof. This happened with sports cards in the early nineties. So many new companies producing more and more sub sets ,that they became difficult to collect them all.In the long run ,making the earlier sets more expensive. Claw
Although the mint has really increased striking production over the last 50 years - they haven't made much progress in extending die life. Depending on the coin - 500,000 to 1,000,000 strikes is about it. The mint may strike a gajillion but a variety coin will still remain 1 of a million or less. Double dies, rpms and ect. in my opinion are good for the future.
tell me about it. luckily, i managed to make a shrewd move prior to finishing high school and made a nice tidy profit on my sports cards before the great crash. while i agree the earlier sets held their value substantially better than the later releases, the market as a whole took a huge blow IMO. one that it never really came back from. of course, the whole slab issue is another thing that i think hurt that hobby as well. anyway, i agree with you, i think all these new issues, re-designs etc... will catch the eye of some new collectors, but in the end their value will only decrease over time. it just seems the mint is all about making the money now, producing so many coins with all the new releases without thinking about how their actions will affect the long term. just my take.
