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2006 Silver Eagles - 'Coin Vault' TV SHOW
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<p>[QUOTE="satootoko, post: 101845, member: 669"]With the notable exception of the current American Silver Eagle series, which uses the 1916-47 obverse design of the discontinued Walking Liberty halves, the Mint has not in fact reused discontinued designs, but generally there is nothing in the law to prevent them from doing so if the Secretary of the Treasury so chooses. The exception <i>might</i> be the small number of instances where Congress has directed the Mint to use a particular design, and then stop producing it at a specified time. Legally speaking, it is unclear whether subsequent use of that same design without further Congressional approval would be permitted. Just one more bit of misinformation from the Vault.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p>The "BU" designation is, as you point out, like saying that it's wet outside during a rain storm. The "MS 67 or BETTER" is still another bit of misinformation. Every coin is, by definition, at least MS60 when it leaves the mint. Most are significantly higher, but grading MS61 or better is absolutely NOT a requirement that a coin must meet to get out the door. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 101845, member: 669"]With the notable exception of the current American Silver Eagle series, which uses the 1916-47 obverse design of the discontinued Walking Liberty halves, the Mint has not in fact reused discontinued designs, but generally there is nothing in the law to prevent them from doing so if the Secretary of the Treasury so chooses. The exception [i]might[/i] be the small number of instances where Congress has directed the Mint to use a particular design, and then stop producing it at a specified time. Legally speaking, it is unclear whether subsequent use of that same design without further Congressional approval would be permitted. Just one more bit of misinformation from the Vault.:D The "BU" designation is, as you point out, like saying that it's wet outside during a rain storm. The "MS 67 or BETTER" is still another bit of misinformation. Every coin is, by definition, at least MS60 when it leaves the mint. Most are significantly higher, but grading MS61 or better is absolutely NOT a requirement that a coin must meet to get out the door. ;)[/QUOTE]
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