I think they should bring back commemorative Gold Dollars
ambro51
Posts: 13,949 ✭✭✭✭✭
These were hugely popular mint products a century ago and I think the time is ripe to rekindle the denomination. A Gold Coin of this size sold direct and at normal mint/billion pricing it would be quite inexpensive. Thoughts??
0
Comments
bob
www.brunkauctions.com
<< <i>These were hugely popular mint products a century ago and I think the time is ripe to rekindle the denomination. A Gold Coin of this size sold direct and at normal mint/billion pricing it would be quite inexpensive. Thoughts?? >>
I hope you meant "bullion pricing". Using the 1/10 oz size planchet may be a more practical approach.
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
<< <i>A hundred years ago? Do you mean $2.5 golds?
bob
Commemorative gold dollars were made from 1903 to 1922.
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
If you look at the dates of issue, the gold dollars were sort of an experiment after the sales of the Columbian half dollars, Isabella quarter and Lafayette dollars were less than expected. These were followed by the Louisiana Purchase, Lewis and Clark and Panama-Pacific gold dollars as alternatives. The McKinley Memorial coin was going to be a silver dollar until someone pointed out that he had won the presidency running on the gold standard. The Grant gold dollars were issued along with the two varieties of Grant half dollars.
The trouble is the traditional gold dollar is too small to accommodate much of a design. There is also a lot of collector antipathy toward gold dollars. Some collectors simply don’t want them because they are “too small to see.” Therefore I can’t see a ground swell for this proposal.
This is my thought as well.
Liberty: Parent of Science & Industry
<< <i>The trouble is the traditional gold dollar is too small to accommodate much of a design. There is also a lot of collector antipathy toward gold dollars. Some collectors simply don’t want them because they are “too small to see.” Therefore I can’t see a ground swell for this proposal.
This is my thought as well. >>
+1
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
<< <i>The trouble is the traditional gold dollar is too small to accommodate much of a design. There is also a lot of collector antipathy toward gold dollars. Some collectors simply don’t want them because they are “too small to see.” Therefore I can’t see a ground swell for this proposal. >>
Bring back the $3 gold coin!
It would make sense to mint $3 gold coins, in original dimensions, as replacements for the current $5 gold commemoratives.
The gold content would be reduced by 40%, making the coins much more affordable to collectors. But the surface area would be reduced by only 10%, leaving plenty of room for high-quality designs.
My Adolph A. Weinman signature
<< <i>The trouble is the traditional gold dollar is too small to accommodate much of a design. There is also a lot of collector antipathy toward gold dollars. Some collectors simply don’t want them because they are “too small to see.” Therefore I can’t see a ground swell for this proposal.
This is my thought as well. >>
Agree and that's why I suggested the 1/10 oz AGE size (dime size) would make more sense and still be affordable to most collectors.
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
<< <i>too small to see >>
I think he was referring to the size used for the original gold dollar commemoratives which were 15mm in size.
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
<< <i>Whatever the size, if the designs would be in keeping with what the Mint is turning out I sure wouldn't have any interest. >>
I agree. I like the 5 oz silver ATB coins but I'm not if sure these are considered to be commemoratives in addition to being bullion coins.
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