Where will the mint take us in the next 5 years?

Discussion in 'US Coins Forum' started by bullionboy, Sep 25, 2004.

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  1. bullionboy

    bullionboy New Member

    I was just thinking with the nickels getting reworked and the changes this year on them, plus the state quarters and possible change of the dollar coin, what else can we reasonably expect out of the US mint in the next say 5 years?

    Aside from their commeratives, which I don't really seem to like for the most part what else can they do?

    Change the penny? probably not

    that leaves the dime and half dollar for possible changes. What's everyone think about the potential for these two?

    Could we see a 2 or 5 dollar coin?

    Personally I would like the mint to pick one coin like the half dollar and use it to rotate designs and memorial pieces. This coin could be used to keep things fresh. I think a rotating coin design could really spark interest in our coinage for average people. If your coins keep changing your likely to look at them. Unfortunately the best coin for this purpose is the quarter.

    So what do you pros think?
     
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  3. Ed Zak

    Ed Zak New Member

    From a previous post...keep in mind that any changes to our coinage and currency is usually the result of legislative action.

    Read on...

    Can't wait to get my Warren G. Harding dollars...how about Millard Fillmore or Calvin Coolidge? I may give up coin collecting altogether when Bill (and possibly Hillary) grace our coins. OMG!!!!!!

    From Coin World (7/12/04)

    Here is legislation currently pending in Congress. Write to your representative and PUSH for a coin that represents what America is all about : Freedom, Liberty and her majesty (like the Walking Liberty or other classics from the past). There is also a bunch of beautiful designs ready to go, but some of our representatives want ALL of the presidents to grace our coins come 2006.

    HR4525: introduced June 8 by Rep. Jeff Miller, R-FL; seeks to redesign the half dollar to commemorate Reagan.

    HR4528: introduced June 9 by Rep. J.D. Hayworth, R-AZ; seeks to redesign the face of the $10 FRN to feature Reagan's portrait.

    HR4563: introduced June 14 by Rep, Dana Rohrabacher, R-CA; seeks to redesign the face of the $20 FRN to feature Reagan's likeness

    HR3633: introduced November 21,2003 by Rep. Mark Souder, R-IN; seeks to have Reagan's portrait used on the 10 cent coin.

    S. 2517: introduced June 14 by Sen. Ben Nighthorse Campbell, R-CO; seeks two commemorative coins, a $1 silver and a $5 gold coin and, at the Tresury's discretion, a $10 ringed bimetallic coin of gold and platinum. (I could live with that)

    From another previous thread too:

    With HR3916 being discussed in Washington about putting ALL of the Presidents on future dollar coins starting in 2006 (similiar to the State Quarter Program) ALONG with the First Ladies on pure gold PREMIUM coins, it is important for us to write our congressman with our thoughts on such a proposal. Otherwise, the mint is going to poll a 1000 people and take the American opinion about dollar coins and paper dollars as gospel.

    BTW...I am no way a pro, but this forum has helped me get a step closer to one
     
  4. Art

    Art Numismatist?

    Since you've set the horizon at 5 years, I think the cent is in for a redesign. I believe we'll see cents redone for 2009 in a manner similar to what is being done with the nickel right now. It will be a great way to honor Lincoln.

    Also, I think that we will see a continuation of the Statehood Quarters program. First will be the 5 coins to honor the territories. I would think that next will be a group of coins to honor our world allies.

    I think the more change the better. I mean the more that we change change the better. I mean....
     
  5. sylvester

    sylvester New Member

    I cannot see why there has to be this;

    Presidents OR Liberty depictions.

    So yeah how about using the $1 coin for all the presidents, yep fine.

    The half dollar commemorating events etc.? yep fine.

    So those coins cover great events and presidents.

    Right so can they change the other denominations to feature Liberty?

    I suppose 1 other denomination could have a total revamp and represent neither Liberty, nor presidents nor great events and be neutral to the whole thing. Perhaps rather it should just represent something from modern America?
     
  6. sylvester

    sylvester New Member

    I don't see why it has to be one or the other with regards to Presidents versus Liberty, why can't some do one and some do the other?

    And please don't bring back any of the old Liberty coins, like a total rehash of old designs (there's nothing worse). Can we have something NEW!

    A totally new depiction of Liberty? Nothing that's ever been done before, like Liberty in the nude anything!! (or maybe i'm just taking liberties?) As long as it's not gonna involve the degradation of old designs like a low relief Walker in clad with spaghetti hair.
     
  7. satootoko

    satootoko Retired

    My thought exactly. Wheaties were introduced in 1909, and changed to Memorials in 1959, so the pattern has been established.
    Been there, done that (in 1916-17) :D
    Or, did you mean full frontal?[​IMG]
     
  8. sylvester

    sylvester New Member

    I meant full, but tastefully done none the less. Representing freedom of ideas and expression.
     
  9. Art

    Art Numismatist?

    I volunteer to be on the citizens review committee for that one. Just picture the rejects!!!!
     
  10. sylvester

    sylvester New Member

    I know you give them a total departure from the past which is what people keep saying they want, a break from the Presidents to an untried Liberty design and they throw it back in your face... :)

    Lets face it Art the average collector is not very imaginative and when they say they want depictions of Liberty you just know they want Mercs/SLQ/Walkers back...

    It's be done already.
     
  11. Art

    Art Numismatist?

    Collectors, it seems especially US collectors, love the nostalic designs. The Buffalo dollar was an instant and continued success at a time when Modern Commemoratives from the Mint were experiencing lackluster sales.

    I believe the US should capitalize on this by bringing out a classic design restrike twice a year. How's about using say the half-dollar platform and making - for circulation - a restrike of :
    2 cent piece
    3 cent silver
    3 cent nickel
    Bust halves

    You get the idea. Made twice a year. In theory for circulation. They could be included in Proof and Mint sets. Rolls could be sold. And a special Commemorative issue of each in gold would round out the program. The gold should be affordable -- maybe five dollar gold size but in 10K.

    Hey maybe I should run for Director of the Mint or something.
     
  12. Art

    Art Numismatist?

    So Syl,

    What do you see for the UK in the next 5 years? Anything super happening there? How's about a UK Euro set?
     
  13. sylvester

    sylvester New Member

    They've had unofficial UK euro sets but i wouldn't be surprised if a proper one doesn't come out. This issue isn't clear yet though... i guess we're gonna have to wait till after the general election.

    With regards to the designs of the current decimal money i say chage the lot, i mean we've had them since the 60s and 70s now unchanged (perhaps shrunk) but unchanged, i'm bored by the reverse designs please change them.

    The £1 coins have recently started a new theme we are now apparently having bridges on the reverse, still haven't come across a 2004 one in circ yet though, so they'll be a nice change.

    With regards to design changes i think every 20/25 years is good.

    Anything less than 10 years and i think its moving too fast. Anythning more than 30 years and it's monotonous.

    If they change designs every 20 to 25 years or so i think it'd be a nice medium, even every 15 years would be alright.

    Are they gonna change any of the 1p-20p designs though? I doubt it... although i think they will change them when the Queen snuffs it (usually the case) that's if we haven't euroified by then.

    Personally i hope we don't go onto the euro cos if we do we'll be stuck with that standard map of Europe obverse for eternity... boring.
     
  14. BWJR

    BWJR Senior Member

    The Clintons

    Ed,

    I don't think you'll have to worry about Bill and Hillary on any coins, but you may see Ronald Reagan on a coin soon. Edited. This is not the forum for political statements of any kind, serious or in jest.
    BWJR

     
  15. bullionboy

    bullionboy New Member

    I don't want to get Politcal either. I love Ronald Reagan and I would collect any coin with him on it, but if it opens the flood gates for every President then I don't want it to happen. A really high quality commemorative would be a nice solution. JFK has been on the half dollar far too long. I think the idea after he was killed was nice but he only spent three years in office. He needs to go now.

    I don't like the rotating president idea either. If they were to do a rotating coin it's should be a theme like the founding fathers. Or they could pick the top presidents, prior to 1960 to avoid recent politcal bias.

    We have had some important Presidents that have not been honored and I would not object to their presence on our coins.

    Madison
    Monroe
    Adams
    Teddy Roosevelt
    Truman?

    Like everyone though, I think we should start bringing back designs of Liberty that were so great.
     
  16. jimmy_goodfella

    jimmy_goodfella New Member

    yeah sylvester we need the queen to snuff it to get some changes.surely cant be that far away now i think shes pushing 80?.

    then we will have prince charles or maybe william on the coins so right away it will make an impact.


    on the case of usd comemeratives im actually starting to take a liking to these.The mint certainly has a chance to be more creative with comemeratives than it can with circulating coinage.This is where the appeal is
     
  17. Ed Zak

    Ed Zak New Member

    I just don't know how you can't get politcal when talking about Presidents on coinage. Imagine if there was Coin Talk back in 1909 when Lincoln first graced the penny. You don't think that politics (serious or jest) were not discussed? If you had asked anybody from the South their thoughts seeing Lincoln on the penny back in 1909, I am sure their response would have been political.

    As long as real people (dead or living) grace American coins, politics will be part of the discussion. Therefore, I vote that NO real person grace our coins. As much as Washington, Lincoln, Jefferson and others may deserve to grace our coins, I am sure this discussion will never go away. Good constructive debate has always been the foundation of our democracy where forums like this can exist in a free society.

    God Bless America!
     
  18. Bacchus

    Bacchus Coin Duffer

    Excellent nominations, if we must have presidents.

    Maybe modes of transportation: Old Ironsides, the Model T, the Wright Brothers (or Lindbergh's) airplane, a 19th century locomotive.

    I guess I still prefer Liberty. Something as stately and epic and grand as the SLQ and Walker designs, but new.
     
  19. satootoko

    satootoko Retired

    If either of you is implying that these were non-controversial, you obviously weren't old enough to read in 1948-52! I don't know about the first four, but Truman was not a universally loved and admired Commander-in-Chief. Just ask MacArthur. :D

    There's a fine line to be observed between the "politics" of coinage design, and outright partisan politicking that isn't numismatically related. The Moderators tend to be tolerant about the former, and very, very strict about the latter.
     
  20. bullionboy

    bullionboy New Member


    Aside from Truman I think the others are no brainers. I put a question next to Truman because I thought he was iffy. He was a good president in my opinion.
     
  21. Machiavelli

    Machiavelli New Member

    maybe we should have a war history coinage using the dollar... start with revolutionary having some of the key battles on the coins then go through civil with key battles such as gettysburg and bull run then on into ww1 with key battles in germany then again in ww2 with key battles such as battle of the buldge, the normandy invasion, you could even have the 101st airborne or even easy company on them... then on into cold war, veitnam, korean, desert storm, and finally the war on terrorism... all of them spanding years apart each year have 5 coins for each war... this will keep the us mint busy and have a lot of new coin collectors... I would get them because I love war history and having commemorative coins celebrating the bravery of our fallen soldiers through the centurys would be a great commemorative ... :D

    Mach
     
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