You Think The US Mint Will Ever Sell Historic Coins?

I don't know if any of you have noticed but there are some government Mintage entities throughout the world who are selling Historic Coinage. Like the Royal Mint of England and some of the others. Do you think the US Mint will ever do the same thing? Just wondering what you all think?

https://www.royalmint.com/our-coins...igns/1915-George-V-London-Sovereign-NGC-MS63/

https://www.theeastindiacompany.com/bullion/coins/the-history-of-the-trade-dollar/

 

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At some point probably to some extent. It takes some effort to set it up though and I don't think they have a ton of interest in it. I think its more likely they'll start selling some modern graded products directly like the England does but I dont think theyre in a hurry to do either

 

I sure hope not. The BRM is charging egregious prices for what are really not stellar pieces. They have a buyer on staff that gets stuff in quantities on auction sites etc to sell at full/fool retail.

 

If they do, their website will crash after all the dealers buy them all up.

 

It's not a bad idea, despite the presumably high prices. It could bring more visibility and awareness to collecting which would be good. I know I'd be more likely to browse the mint website too if it had some surprises there from time to time.

 

The Mint? No. The GSA? Yes, and they did 1972 - 74 and 1980. Who knows maybe someday they will sell off the hoard of Small size dollars in storage. (Not likely those will eventually be disbursed.) But how many Ike dollars is the Federal Reserve still sitting on?

 

Yeah, they must have plenty of leftovers. It would be a great time for the Mint to sell Silver. Maybe even 40% Ike's!

 

They may duplicate as they did the Morgan and Peace Silver Dollars. Dealers first, all others, sold out. This a a recording, please call back, we will answer your call when we wake up. Please do not hold your breath, as we do not know CPR. Dial 911 for further assistance, thanks for calling.

 

I don't know enough about the mint's standard security practices. Do they keep old master dies or destroy them? It would be fascinating to see them somehow transfer (hub?) the work onto a new die for a limited release. Sort of a way to bring back artistry of the old masters on a newly minted coin. I'd buy that.

 

Everything else they sell is overpriced, so, this only makes sense to generate revenue without having to make anything.

 

this isn't much different than the GSA dollars, except for the invention of the third party grading company and the internet although I'm not sure what they are trying to do here, become a coin dealer or what..... it's perplexing, I had thought they were doing it out of old stock and stuff, but that doesn't seem to be the case.

meh, it's nothing at all like the GSA dollars. LOL

speaking of Ike dollars, I went to my credit union last friday and they had accumulated $25 in half dollars and two ike dollars. gimme gimme gimme.

all clad, but so what, they all can't be winners. Ikes went towards my collection, ya just don't see them every day anymore.

 

Remember when Canada sold 1912-1914 five and ten dollar gold coins from its vaults.

 

In terms of England they are actively acting as a dealer on items of their choice which have been foreign, modern, ancient, graded and raw, older products of theirs they bought back etc etc etc. It seems if they think its popular and fairly easy to move and they can make money on it they will

 

Probably but not in my lifetime.

 

Nice. My bank called me when they received 50 Ike dollars. I was happy to buy them.

 

That's great, someone likes you!

 

It's not the Royal Mint that's the fool, it's the buyer(s). As the saying goes, it doesn't hurt to ask/offer. It's only crazy to pay those full/fool prices.

 

My recollection of the "horde" sales was for coins already minted and stored. I doubt if the U.S. Mint will ever again strike "historic" coins with the "historic" date since they have so many problems with their current mintage, and, I would imagine, quite restrictive laws that they must conform with. I do remember the 1776-1976 coinage to commemorate the 200th anniversary of the Declaration of Independence but only on certain coins. I was surprised that they didn't recognize the 200th anniversary of the Constitution in 1989 with a 1789-1989 configuration.

 

Every single coin including what they struck yesterday will one day be "historic".

 

They have some of the older master dies. However, I don't think would that difficult for them the recreate a set of dies for any coin that was struck at the mint. They did a good job in 2016 when they produced the 100 year anniversary gold coins of Mercury dime, Standing Liberty quarter or the Walking Liberty half dollar or even the current obverse of the silver eagle dollars.