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<p>[QUOTE="bugo, post: 1985060, member: 53226"]From that article:</p><p><br /></p><p><br /></p><p>Why did they destroy these coins? A quick ebay search shows that they're worth up to $5600 in PR68 condition. The mint could have sold these coins for at least $2500 a piece, making over $350,000 in profit. By melting them down, they were able to make $1.45 in pennies. Is the mint run by morons? It's a no-brainer for me.</p><p><br /></p><p>They also shouldn't have melted down all the '64 peace dollars. 2014 is the 50th anniversary of these legendary coins, and if they had just put them in a vault they could have released a few thousand at a time and made millions of dollars. I'd give good money for a 1964 peace dollar and I'm sure hundreds of thousands of other collectors would do the same. It seems like the mint loves to cut off its nose to spite its face.[/QUOTE]</p><p><br /></p>
[QUOTE="bugo, post: 1985060, member: 53226"]From that article: Why did they destroy these coins? A quick ebay search shows that they're worth up to $5600 in PR68 condition. The mint could have sold these coins for at least $2500 a piece, making over $350,000 in profit. By melting them down, they were able to make $1.45 in pennies. Is the mint run by morons? It's a no-brainer for me. They also shouldn't have melted down all the '64 peace dollars. 2014 is the 50th anniversary of these legendary coins, and if they had just put them in a vault they could have released a few thousand at a time and made millions of dollars. I'd give good money for a 1964 peace dollar and I'm sure hundreds of thousands of other collectors would do the same. It seems like the mint loves to cut off its nose to spite its face.[/QUOTE]
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Possible 1990 S penny??
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