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1892-1893 Columbian Commemorative Half Dollar? What's it Worth?
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<p>[QUOTE="Hommer, post: 3345348, member: 73266"]To add to [USER=77976]@Nathan401[/USER] 's post, as was stated, they were sold to raise funds to recoup the cost of the fair. What most don't know is that the mint sold them to the Fair Committee at a reduced price to sell at the fair at a profit. Subsequent Commemoratives were also sold to groups at reduced prices and resold at a profit to fund all kinds of things. If they weren't sold, they were supposed to be returned to the mint. There became a problem when Commemoratives like the Arkansas were produced for many years but weren't selling very well and most of the mintages were being returned to the mint for melting. </p><p><br /></p><p>As was the case a lot of commemoratives not returned were released into circulation at face value. As for the Columbian, I believe over 2 million were dumped into circulation.[/QUOTE]</p><p><br /></p>
[QUOTE="Hommer, post: 3345348, member: 73266"]To add to [USER=77976]@Nathan401[/USER] 's post, as was stated, they were sold to raise funds to recoup the cost of the fair. What most don't know is that the mint sold them to the Fair Committee at a reduced price to sell at the fair at a profit. Subsequent Commemoratives were also sold to groups at reduced prices and resold at a profit to fund all kinds of things. If they weren't sold, they were supposed to be returned to the mint. There became a problem when Commemoratives like the Arkansas were produced for many years but weren't selling very well and most of the mintages were being returned to the mint for melting. As was the case a lot of commemoratives not returned were released into circulation at face value. As for the Columbian, I believe over 2 million were dumped into circulation.[/QUOTE]
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1892-1893 Columbian Commemorative Half Dollar? What's it Worth?
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