My (apparently failed) attempt at humor. The discussion was about the medals not having a reference to the anniversary, to which I replied......
I saw the 2017-P cent as the Mint doing what it could to commemorate the anniversary on the coinage given the legislation it has to work under, including the 25-year rule for changes on the circulating coinage. They do have more discretion with medals, and I'm disappointed they didn't do more to directly commemorate their history.
They could have done much better with medals. Also though while it's true their hands are tied in some regards, does anyone really think congress would have said no if say two years ago they said hey we want to make some products special for our anniversary here is what we would like you to authorize as a one off for the year
The vast majority wouldn't bother with the time to switch coins. Scratches or coins that aren't great generally came that way from the mint hence why a lot of people don't deal with them
I'm not sure how that would work. I mean, isn't what they produced exactly WHAT they had asked Congress to authorize for the Mint? Or if it wasn't what the Mint would have wanted, then doesn't that likely mean Congress had its say and this is what we got because of that? Doesn't it have to be one or the other?
Congress did nothing for the special products. They're directed by congress for the commemoratives and the circulating coins, but I'm almost positive the P cent and the EU set was a mint decision as they have leeway with the finishes for collector products. They just would need authorization to change any of the designs for the collector versions (like if they wanted to added a 225th anniversary notion or a privy mark for it) or to make a new coin.
The Mint is authorized to strike medals of a national nature and has been since at least 1873. It still puts out the Presidential medal series, for which there is no specific authorization, and medals for the Secretaries of the Treasury, although some refuse it. I don't see anything to prevent them issuing a 225th anniversary medal. I don't recall that the 1992 bicentennial medal was mandated by Congress.
Makes sense to me. Essentially what we can take away from this, that is to say, what we are left with is the sentiment of that old saying, "Ours is not to reason why....
26,276 sold as of 11/5/2017. https://www.usmint.gov/about/produc...ears=2017&2017weeks=947&2016weeks=&2015weeks=
FYI... Already seeing these sets at under original price. ($200) Pinehurst Coins on EBAY has them for $175.00 free shipping. https://www.ebay.com/itm/Daily-Deal...280766?hash=item48a4029ffe:g:angAAOSwridaIbL6
After all the fees, and other costs, they must be losing quite a few bucks per set to move these.??? I did notice them a couple of days ago, so not just a one day sale.
Their fees should be lower than most sellers with their volume, but yea unless they got them even cheaper on the after market from someone else there’s no way they’re making money on those. Looks like they just wanna sell and be done with them