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<p>[QUOTE=&quot;Mr.MonkeySwag96, post: 8237822, member: 100951&quot;]The US Mint’s commemorative coins being found at melt trays is no different as to why Franklin Mint coins are sold for melt. Nobody really collects these types of “coins,” non-circulating legal tender (NCLT).</p><p><br /></p><p>Despite having “limited mintages”, NCLT aren’t scarce in any sense of the word. Almost all modern NCLT will grade 69 or 70. An ultra-modern coin with a mintage of 10,000 isn’t rare if it has a 100% survival rate and nearly all examples grading perfect 70. Since there’s no challenge in acquiring NCLT in the highest grades, there’s a lack of competition amongst collectors drive up prices from demand. </p><p><br /></p><p>I don’t consider modern NCLT to be actual “coins.” NCLT are merely products sold by the mints to generate revenue. You see the Perth Mint producing hundreds of different coin series depicting Marvel superheroes, Star Wars, Transformers etc. There are so many different souvenir coin series being released that the ultra-modern coin market is oversaturated. </p><p><br /></p><p>A common Morgan dollar sells for a premium over a commemorative dollar because of the historical interest. Coin collectors will pay more for junk Morgans because they’re actual coins that circulated as money in America’s distant past, not some souvenir trinkets housed in a fancy box. </p><p><br /></p><p>As some have noted earlier, commemorative coins lack the recognizability of bullion coins and junk silver.[/QUOTE]</p><p><br /></p>

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