Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Walking Liberty gold to be released Nov 17
>
Reply to Thread
Message:
<p>[QUOTE="V. Kurt Bellman, post: 2558208, member: 71723"]It most certainly is NOT a commemorative coin, because as the US Mint admitted at the October 13 Numismatic Forum in Philly, which I participated in, ALL commemorative programs require authorization from Congress, which this program did not have. The Mint has authority to create whatever gold and platinum <b><i>bullion coins</i></b> they desire to create, under the authorization of 31 U.S.C. § 5112(i)(4)(C). This is the very section under which the Mint claimed authorization for the centennial gold pieces.</p><p><br /></p><p>(C)</p><p>The Secretary may continue to mint and issue coins in accordance with the specifications contained in paragraphs (7), (8), (9), and (10) [Ed: these are the sections that describe the AGE program's coins] of subsection (a) and paragraph (1)(A) of this subsection at the same time the Secretary in minting and issuing other <b><i>bullion</i></b> and proof gold coins [Ed: these are not proofs, remember] under this subsection in accordance with such program procedures <i>and coin specifications, designs, varieties, quantities, denominations, and inscriptions as the Secretary, in the Secretary’s discretion, may prescribe from time to time.</i></p><p><i><br /></i></p><p>QED.</p><p><br /></p><p>These are either bullion coins by legal definition or they are ILLEGAL coins, period.[/QUOTE]</p><p><br /></p>
[QUOTE="V. Kurt Bellman, post: 2558208, member: 71723"]It most certainly is NOT a commemorative coin, because as the US Mint admitted at the October 13 Numismatic Forum in Philly, which I participated in, ALL commemorative programs require authorization from Congress, which this program did not have. The Mint has authority to create whatever gold and platinum [B][I]bullion coins[/I][/B] they desire to create, under the authorization of 31 U.S.C. § 5112(i)(4)(C). This is the very section under which the Mint claimed authorization for the centennial gold pieces. (C) The Secretary may continue to mint and issue coins in accordance with the specifications contained in paragraphs (7), (8), (9), and (10) [Ed: these are the sections that describe the AGE program's coins] of subsection (a) and paragraph (1)(A) of this subsection at the same time the Secretary in minting and issuing other [B][I]bullion[/I][/B] and proof gold coins [Ed: these are not proofs, remember] under this subsection in accordance with such program procedures [I]and coin specifications, designs, varieties, quantities, denominations, and inscriptions as the Secretary, in the Secretary’s discretion, may prescribe from time to time. [/I] QED. These are either bullion coins by legal definition or they are ILLEGAL coins, period.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Walking Liberty gold to be released Nov 17
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...