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<p>[QUOTE=&quot;johnmilton, post: 25645928, member: 101855&quot;]On Janury 20, 2025, we will inaugurate a new president. The numismatic part of the ceremoney will be an addition to a series of official presidential inaugural medals which officially date from 1889. These pieces are sanctioned by the Inauguration Committee and are sold as a fundraiser to cover the expenses of the celebration. </p><p><br /></p><p>The Philadelphia Mint will also produce a presidential medal for the new chief executive. These pieces often mention the date the president took office and perhaps some other facts. </p><p><br /></p><p>Official inaugural medals are always worth more as collectors&#039; items than the presidential medals. Part of the reason is the availibility. Inaugural medals are issued during the inauguration peroid. Once that is over, no more are produced. </p><p><br /></p><p>Presidential medals are sold for years after the president takes office, sometimes for many years after the president left office. Therefore they are available for an extended period. </p><p><br /></p><p>Here are a couple of examples. This an official inaugural medal for George H. W. Bush who served from 1989 to 1993. </p><p><br /></p><p>[ATTACH=full]1640660[/ATTACH] [ATTACH=full]1640661[/ATTACH] </p><p><br /></p><p>Unfortunately I don&#039;t have a full size example of a recent presidential medal. Here is a piece that was issued in the late 19th century for Benjamin Harrison who served from 1889 to 1893. Note that the date he was inaugurated president is on the reverse. </p><p><br /></p><p>[ATTACH=full]1640662[/ATTACH] </p><p><br /></p><p>Both types of medals are collectors&#039; items. The difference is the the official inaugural medals are usually scarcer and more popular. Therefore they command higher prices.[/QUOTE]</p><p><br /></p>

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