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2012 Infantry Soldier Silver Dollar...Necessary Why???

RichRRichR Posts: 3,985 ✭✭✭✭✭
Not to be evil or anything...but how is this different (or necessary) when one considers the Army commem half dollar issued last year?

And would anyone like to guess how low the sales will be due to collector exhaustion?

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    baccarudabaccaruda Posts: 2,588 ✭✭
    Interest is going to be pretty freaking low, IMO. I'm unloading any modern commems I've accumulated at melt and won't look back. The mint is commemorating everything now.
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    RichRRichR Posts: 3,985 ✭✭✭✭✭
    Right? It's not just me, is it...but shouldn't this one have definitely been rolled under last year's military themed program?

    And why the need to focus on one type of division, namely infantry? What's next, Airborne, Rangers, Special Forces, tankers...? Very odd.

    Kinda like a Navy dollar focused on Air, but not surface or subsurface forces.
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    291fifth291fifth Posts: 25,234 ✭✭✭✭✭
    While at the Ft. Polk reception center in 1970 we were being issued our uniforms. On the inner wall of the building was a large painting that said "Infantry, Queen of Battle."

    Fortunately, I ended up in the MPs, not the infantry.

    So far as the coin goes ... another unneeded commemorative that will fade quickly.
    All glory is fleeting.
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    OPAOPA Posts: 17,171 ✭✭✭✭✭


    << <i>Interest is going to be pretty freaking low, IMO. I'm unloading any modern commems I've accumulated at melt and won't look back. The mint is commemorating everything now. >>



    Do you have any $5 MOH or Army that's in your inventory to be unloaded at melt? I'll pay you $10 above melt for each one of themimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    baccarudabaccaruda Posts: 2,588 ✭✭
    PM me if you're interested in any, otherwise they're going to the coin shop. I think I quit buying before those two came along.
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    baccarudabaccaruda Posts: 2,588 ✭✭
    The "American Soldiers Disabled for Life" commem made me say "Alright, that's enough" as I gathered up my modern commems for smelting.

    I think 2013 will be the "Generate $2M worth of Revenue for the U.S. Mint" commem.
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    Mission16Mission16 Posts: 1,413 ✭✭✭
    Everyone needs to remember that the Mint itself doesn't decide which things to commemorate. It is required to do so by acts of Congress. So by extension, the idea of what to commemorate comes from whichever special interest group approached thier lawmakers to propose such a bill.

    Coming soon; The Whitney Houston Commemorative $20 gold piece.
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    baccarudabaccaruda Posts: 2,588 ✭✭
    LoL, good luck selling that as $20 Gold.
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    johnny9434johnny9434 Posts: 34,395 ✭✭✭✭✭
    ill stick with the early commems. tyvm.
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    CapgunCapgun Posts: 1,000 ✭✭✭
    Someone's buying. Backordered to 5-31 -- hmmm.
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    pf70collectorpf70collector Posts: 6,864 ✭✭✭
    I have 41 oz of silver commemoratives raw. Don't think I need another one. At least its not the recycled revolutionary soldier from the 76 bicentennial quarters.
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    CyStaterCyStater Posts: 681 ✭✭✭
    What could one expect for a common modern commen at a local B&M? I have a bunch I would like to dump too when I get around to it.
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    Mission16Mission16 Posts: 1,413 ✭✭✭


    << <i>What could one expect for a common modern commen at a local B&M? I have a bunch I would like to dump too when I get around to it. >>




    If it's the silver dollar, figure 90% silver pricing. Clad? Good luck.

    If it were me, I'd offer them on the BST first. you will in all probability get a better price the your local B&M.
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    Man the mint is giving the opportunity to load up on low mintage stuff left and right. Might take a run at some for FS grading.
    Currently working with nurmaler. Older transactions....circa 2011 BST transactions Gecko109, Segoja, lpinion, Agblox, oldgumballmachineswanted,pragmaticgoat, CharlieC, onlyroosies, timrutnat, ShinyThingsInPM under login lightcycler
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    The OP has never been in the military. I think it will be a hit. Now if they come out with a SEAL Team 6----------Watch Out
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    Just to add. There are a lot of infantry soldiers out there and their families
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    As an observation, the military issues seem to be patronizing. I appreciate the job they do, but still smell a political opportunity from congress for surcharges. And I agree. The Disabled for Life issue was in poor taste. Terrible exploitative design.
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    BryceMBryceM Posts: 11,941 ✭✭✭✭✭
    Wasn't the US government mint started to create a medium for commerce? Isn't that still its role? Now that congress has the budget balanced and everything running smoothly I guess they have time for stuff like this.

    While commerce and commemorate share a few letters I remain less than commemorative. Can't the guys at the Franklin mint handle things that need commemorating via regular free market processes?

    How's that for a bad attitude?
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    BryceMBryceM Posts: 11,941 ✭✭✭✭✭
    Wait! Lest I get flammed off the planet, please don't assume for a second that I don't support or recognize the troops. Everything we hold dear has been earned and paid for by their sacrifice. As far as I'm concerned, the military is the one part of government that works just like its supposed to and is still defined by its original mandate.
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    Mission16Mission16 Posts: 1,413 ✭✭✭


    << <i>Just to add. There are a lot of infantry soldiers out there and their families >>



    There sure are. But how many of them are on the Mint's mailing list? If everyone who is represented by a commemorative coin were to buy that coin, then EVERY issue would be a sellout EVERY time. This doesn't happen.
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    kiyotekiyote Posts: 5,635 ✭✭✭✭✭


    << <i>

    << <i>Just to add. There are a lot of infantry soldiers out there and their families >>



    There sure are. But how many of them are on the Mint's mailing list? If everyone who is represented by a commemorative coin were to buy that coin, then EVERY issue would be a sellout EVERY time. This doesn't happen. >>


    The Marines dollar sold out like crazy and was booming in the aftermarket for a while. The army coins did badly across the board. It's hard to say how the Infantry dollar will do but interest in this board so far bodes poorly for sales.
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
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    MikeInFLMikeInFL Posts: 10,192 ✭✭✭✭


    << <i>And would anyone like to guess how low the sales will be due to collector exhaustion? >>



    No way! This is the new way of collecting, and you better get on board!

    image
    Collector of Large Cents, US Type, and modern pocket change.
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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    We are truly a stupid country.

    If anyone had any brains, they'd have commemorative BILLS!

    Sell at premium with pretty pictures and cost almost zero.

    image
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    CaptHenwayCaptHenway Posts: 34,218 ✭✭✭✭✭


    << <i>Everyone needs to remember that the Mint itself doesn't decide which things to commemorate. It is required to do so by acts of Congress. So by extension, the idea of what to commemorate comes from whichever special interest group approached thier lawmakers to propose such a bill.

    Coming soon; The Whitney Houston Commemorative $20 gold piece. >>



    Correct! The problem is CONgress, not the Mint!
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.

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