Coin World: "Legislation seeks Morgan and Peace silver dollar bullion coins for 2021"
Goldbully
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I think the CCAC has a nice idea here.
Legislation seeks Morgan and Peace silver dollar bullion coins for 2021
By Paul Gilkes , Coin World
Published: Mar 27, 2020
Supporters of an initiative to mark the centennial anniversary in 2021 of the transition of silver dollar production from the Morgan to Peace designs are backing new legislation, for legal tender bullion coins instead of commemorative issues.
Thomas J. Uram, chairman of the Citizens Coinage Advisory Committee and president of the Pennsylvania Association of Numismatists, and fellow CCAC member Mike Moran are pushing for passage of H.R. 6192, introduced March 11 in the House by Rep. Andy Barr, R-Ky., as the 1921 Silver Dollar Coin Anniversary Act.
H.R. 6192 is Uram and Moran’s second attempt to achieve legislated recognition for the 2021 anniversary. Referred to the House Financial Services Committee on the same day it was introduced, the bill would authorize a number of Morgan and Peace dollar versions and would give the Mint leeway in mintage limits and how the coins are marketed.
Uram said nothing has been decided as to how the legal tender bullion coins would be distributed — whether in direct numismatic sales to the public or as strictly bullion releases, through the U.S. Mint’s authorized purchasers who market American Eagle bullion coins.
(con't in article link)
Comments
I'm confused about the "legal tender bullion" comment. All U.S. Coins including non circulating bullion and commemorative issues are legal tender under the Coinage Act of 1965. By legal tender, do they mean circulation silver clad? That will never happen. I hope they don't make a lame clad version.
I found the text. The plan is for a 90% silver coin:
https://www.congress.gov/bill/116th-congress/house-bill/6192/text?r=1&s=1
I like the idea.
Indeed an interesting idea.... I would like to see this happen.... create some excitement even among non-collectors...Probably interest many to start collecting. Cheers, RickO
90% or higher, which means it would be .999 as the Mint lost
Whatever it is I hope they make enough so it isn't sold out on the mint website in 3 minutes. I'm still pissed about the last one cause I was on the sight on time and it just kept locking up till it said sold out.
This was the culprit.
2019-S $1 Silver Eagle Enhanced Rev PR First Strike