It's a national commemorative medal, produced by the United States Mint in Philadelphia.
While I don't have my reference on me (either Dean or Swoger), I believe that the mintage isn't all that small(in relation to other national commemorative medals). However, the mintage doesn't truly indicate how rare this piece is and there seems to be a hard core group out there that are now collecting these medals, and driving up their prices!
All it takes is two bidders with deep pockets who really want something. Considering that it's a modern medal that price does seem very high.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Originally posted by: PerryHall All it takes is two bidders with deep pockets who really want something. Considering that it's a modern medal that price does seem very high.
In this case it was three bidders who ran it up past one grand.
I don't feel bad about the money waste after seeing this. It may very well be worth the money but I would be willing to bet if you walked into 20 coin stores you would not like the offers given
Mark NGC registry V-Nickel proof #6!!!! working on proof shield nickels # 8 with a bullet!!!!
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While I don't have my reference on me (either Dean or Swoger), I believe that the mintage isn't all that small(in relation to other national commemorative medals). However, the mintage doesn't truly indicate how rare this piece is and there seems to be a hard core group out there that are now collecting these medals, and driving up their prices!
that. Cheers, RickO
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
As prior to your post if I'd seen this in a exonumia dealers junk bin at a show for $3.00 I would not have given it a single thought.
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All it takes is two bidders with deep pockets who really want something. Considering that it's a modern medal that price does seem very high.
In this case it was three bidders who ran it up past one grand.
peacockcoins
Looks like a $10 medal to me!
Max retail
The reason it probably took the seller 3 years to find one is because no one thought it was worth the work involved to list one.
We'll now see how many surface after this?
I've been looking for a $2-3 pictorial token issued in 1974 for over 5 years.
I may have to visit flea markets in Arizona to find one.
Thanks for posting as this is interesting
As prior to your post if I'd seen this in a exonumia dealers junk bin at a show for $3.00 I would not have given it a single thought.
^^^ This was EXACTLY my thought
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NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
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