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Why are old state commems so cheap despite rarity?
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<p>[QUOTE="Conder101, post: 8327807, member: 66"]The thing is the Classic commemorative halves had very little to do with the government. Each one was the idea of some small group that successfully lobbied their Representatives and Senators. There was no coordinated effort between the groups, and the Treasury and the Mint considered the commemoratives to be a nuisance. These were not a money making business for the government like the modern commemoratives are.</p><p><br /></p><p><br /></p><p>Well they aren't a century old but all the state quarters and ATB quarters come in 90% (or .999 fine silver) as proofs, And as for the state quarters up through 2004 or so the designs were submitted and selected by each state. The creator of the 2004 Missouri design made a big public stink over changes the mint made to his selected design. After that the mint required states submitted verbal design descriptions and the Mint staff created designs from the verbal descriptions. But the individual states then selected which of the mint designs would be used. The exception was Mississippi. They never submitted designs so the mint engravers came up with thier own and the Secretary of the Treasury approved it.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 8327807, member: 66"]The thing is the Classic commemorative halves had very little to do with the government. Each one was the idea of some small group that successfully lobbied their Representatives and Senators. There was no coordinated effort between the groups, and the Treasury and the Mint considered the commemoratives to be a nuisance. These were not a money making business for the government like the modern commemoratives are. Well they aren't a century old but all the state quarters and ATB quarters come in 90% (or .999 fine silver) as proofs, And as for the state quarters up through 2004 or so the designs were submitted and selected by each state. The creator of the 2004 Missouri design made a big public stink over changes the mint made to his selected design. After that the mint required states submitted verbal design descriptions and the Mint staff created designs from the verbal descriptions. But the individual states then selected which of the mint designs would be used. The exception was Mississippi. They never submitted designs so the mint engravers came up with thier own and the Secretary of the Treasury approved it.[/QUOTE]
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