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United States Mint Announces New Circulating Coin Program

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    BillJonesBillJones Posts: 35,992 ✭✭✭✭✭

    @WQuarterFreddie said:

    @BillJones said:

    @P0CKETCHANGE said:

    @BillJones said:
    Who cares? If the current scenario continues, none of them will go into circulation, and they will sell the rolls to collectors and spectators at premium prices.

    I don't understand your comment. These are intended for circulation.

    The Semi Quincentennial coins were also supposed to for circulation, but very few non collectors saw them. The only way collectors could get the vast majority of them was from the mint at more than face value.

    I am very cynical and very disappointed with the mint. It has become a vastly overpriced monopoly seller.

    The ones that were minted for circulation are or soon will be available.

    Also, you don't have to buy a product from the Mint if you are so upset with them.

    The only coins I buy from the mint now is the silver Proof set to keep a date run going.

    The base metal Proof set is something a young collector might enjoy, but at over $100, it's close to out of reach.

    Does the mint really have to charge over $100 for it? Does the mint have to charge over $50 for a base metal commemorative half dollar?

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    johnny9434johnny9434 Posts: 34,662 ✭✭✭✭✭

    @DennisH said:
    I want bowling!

    Hope ya did well 😉

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    WQuarterFreddieWQuarterFreddie Posts: 3,345 ✭✭✭✭✭

    @BillJones said:

    @WQuarterFreddie said:

    @BillJones said:

    @P0CKETCHANGE said:

    @BillJones said:
    Who cares? If the current scenario continues, none of them will go into circulation, and they will sell the rolls to collectors and spectators at premium prices.

    I don't understand your comment. These are intended for circulation.

    The Semi Quincentennial coins were also supposed to for circulation, but very few non collectors saw them. The only way collectors could get the vast majority of them was from the mint at more than face value.

    I am very cynical and very disappointed with the mint. It has become a vastly overpriced monopoly seller.

    The ones that were minted for circulation are or soon will be available.

    Also, you don't have to buy a product from the Mint if you are so upset with them.

    The only coins I buy from the mint now is the silver Proof set to keep a date run going.

    The base metal Proof set is something a young collector might enjoy, but at over $100, it's close to out of reach.

    Does the mint really have to charge over $100 for it? Does the mint have to charge over $50 for a base metal commemorative half dollar?

    Apparently yes!

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    Survivor50Survivor50 Posts: 262 ✭✭✭

    @P0CKETCHANGE said:
    .> @BillJones said:

    The Semi Quincentennial coins were also supposed to for circulation, but very few non collectors saw them. The only way collectors could get the vast majority of them was from the mint at more than face value.

    I am very cynical and very disappointed with the mint. It has become a vastly overpriced monopoly seller.

    Sounds like you just have an axe to grind and are ignoring the billions of SemiQ coins released into circulation.

    No axe to grind here, I bought rolls from the mint because of the ease of access and I wanted both mintmarks, but I agree with @BillJones these were supposed to be for circulation and it would have more timely and stoked more interest with the public, to be able to find them and celebrate the semiquin during the actual year it occured.

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    Survivor50Survivor50 Posts: 262 ✭✭✭

    @WQuarterFreddie said:

    @BillJones said:

    @P0CKETCHANGE said:

    @BillJones said:
    Who cares? If the current scenario continues, none of them will go into circulation, and they will sell the rolls to collectors and spectators at premium prices.

    I don't understand your comment. These are intended for circulation.

    The Semi Quincentennial coins were also supposed to for circulation, but very few non collectors saw them. The only way collectors could get the vast majority of them was from the mint at more than face value.

    I am very cynical and very disappointed with the mint. It has become a vastly overpriced monopoly seller.

    The ones that were minted for circulation are or soon will be available.

    Also, you don't have to buy a product from the Mint if you are so upset with them.

    "are or soon will be" It is almost November after all, and since I have seen only enough semiquin coins to count on one hand, and I work in retail and have asked at a couple banks, I would have to agree with @BillJones

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    MsMorrisineMsMorrisine Posts: 40,269 ✭✭✭✭✭

    @CaptHenway said:

    @HalfDime said:
    They left out
    Skipping School

    And Kerplunking.

    And American Plundering

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    oldabeintxoldabeintx Posts: 3,247 ✭✭✭✭✭

    Perhaps a vast number of coins are sitting in federal reserve banks. Hard to imagine local banks ordering the numbers of coins that they did in the past. Seigniorage is a strong motivator for the mint to over-produce coins and dump them unwanted on the banking system.

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    RogerBRogerB Posts: 8,892 ✭✭✭✭✭

    How does the public distinguish a legal quarter dollar coin from a fake? Seems like prime territory for mass counterfeiting.

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    MsMorrisineMsMorrisine Posts: 40,269 ✭✭✭✭✭

    @oldabeintx said:
    Perhaps a vast number of coins are sitting in federal reserve banks. Hard to imagine local banks ordering the numbers of coins that they did in the past. Seigniorage is a strong motivator for the mint to over-produce coins and dump them unwanted on the banking system.

    as it stands right now, the federal reseve orders coins from the mint. the mint does not place coins in the federal resere system. the federal reserve banks buy them at face value

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    WillieBoyd2WillieBoyd2 Posts: 5,419 ✭✭✭✭✭

    Youth Sports Quarters:
    2027: Baseball, Golf, Soccer, Softball, Snowboarding
    2028: American Football, Swimming, Gymnastics, Lacrosse, Track & Field
    2029: Basketball, Wrestling, Tennis, Cheerleading, Karate
    2030: Figure Skating, Skiing, Skateboarding, Volleyball, Ice Hockey

    Paralympic Sports Half Dollars:
    2027: Wheelchair Basketball
    2028: Para Climbing
    2029: Para Ice Hockey
    2030: Para Snowboarding

    :)

    https://www.brianrxm.com
    The Mysterious Egyptian Magic Coin
    Coins in Movies
    Coins on Television

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    jesbrokenjesbroken Posts: 11,280 ✭✭✭✭✭

    I would prefer the quarters be limited to one a year. It's becoming too difficult to maintain an active Washington Quarter collection, at least for me.
    BTW, does anyone know of the exact highest points of the new Liberty Dime obv and rev for wear? I know that very little would be known as the harder dimes will not wear very quickly, but thought some may have knowledge of the exact highest points on obv/rev.
    Thanks,
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain

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