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<p>[QUOTE="jorglueke, post: 3562174, member: 103317"]Oh, well that's never wrong. This is from the New York Times, September 6, 1964</p><p><br /></p><p>THE latest news from Washington is that the bill authorizing the Treasury Department to “freeze” the 1964 date on coins will be signed by President Johnson. The measure did not reach the President's desk until late last week.</p><p><br /></p><p>Enactment of the law still leaves uncertainties, principally because of its wording. The law orders retention of the 1964 date until the Secretary of the Treasury determines that “adequate supplies of coins are available.” Thus, the law will have no practical effect if Secretary Dillon decides that the Treasury's “crash” mintage‐acceleration program has relieved the national coin shortage by the end of this year. The Mints then will be able to follow normal procedure on Jan. 1 and place the 1965 date on coins.</p><p><br /></p><p>If the shortage continues into 1965, thus requiring retention of the 1964 date, but is relieved before July 1, Secretary Dillon can order the Mints to start putting 1965 on the coins for the last half of the year. To many observers, it seems inconceivable that he would take this step, for the Mints would be hard pressed to produce in only six months enough 1965 coins to avoid a short issue in one or more of the five coin denominations — and short issues are “meat” for coin‐hoarding speculators.</p><p><br /></p><p>Still officially unanswered, too, is the question of the date to be borne by the pending new issue of 45 million silver dollars.</p><p><br /></p><p>Friday is the opening day of the three‐day semi‐annual convention of the Empire State Numismatic Association in Saratoga Springs. On Saturday, the Long Island Coin Show will be held in the Roosevelt Field Shopping Center in Garden City, the Paterson Coin Convention will be staged in the Bergen Mall Center auditorium on Route 4 in Paramus, N. J., and the Bay Shore‐Brightwaters branch of the South Shore Coin Club (Box 59, East Islip, L. I.) will sponsor a coin show in Memorial Auditorium in Bay Shore.</p><p><br /></p><p>A version of this archives appears in print on September 6, 1964, on Page X24 of the New York edition with the headline: NEWS OF COINS; President Gets the Bill To Freeze 1964 Date[/QUOTE]</p><p><br /></p>
[QUOTE="jorglueke, post: 3562174, member: 103317"]Oh, well that's never wrong. This is from the New York Times, September 6, 1964 THE latest news from Washington is that the bill authorizing the Treasury Department to “freeze” the 1964 date on coins will be signed by President Johnson. The measure did not reach the President's desk until late last week. Enactment of the law still leaves uncertainties, principally because of its wording. The law orders retention of the 1964 date until the Secretary of the Treasury determines that “adequate supplies of coins are available.” Thus, the law will have no practical effect if Secretary Dillon decides that the Treasury's “crash” mintage‐acceleration program has relieved the national coin shortage by the end of this year. The Mints then will be able to follow normal procedure on Jan. 1 and place the 1965 date on coins. If the shortage continues into 1965, thus requiring retention of the 1964 date, but is relieved before July 1, Secretary Dillon can order the Mints to start putting 1965 on the coins for the last half of the year. To many observers, it seems inconceivable that he would take this step, for the Mints would be hard pressed to produce in only six months enough 1965 coins to avoid a short issue in one or more of the five coin denominations — and short issues are “meat” for coin‐hoarding speculators. Still officially unanswered, too, is the question of the date to be borne by the pending new issue of 45 million silver dollars. Friday is the opening day of the three‐day semi‐annual convention of the Empire State Numismatic Association in Saratoga Springs. On Saturday, the Long Island Coin Show will be held in the Roosevelt Field Shopping Center in Garden City, the Paterson Coin Convention will be staged in the Bergen Mall Center auditorium on Route 4 in Paramus, N. J., and the Bay Shore‐Brightwaters branch of the South Shore Coin Club (Box 59, East Islip, L. I.) will sponsor a coin show in Memorial Auditorium in Bay Shore. A version of this archives appears in print on September 6, 1964, on Page X24 of the New York edition with the headline: NEWS OF COINS; President Gets the Bill To Freeze 1964 Date[/QUOTE]
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