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It looks like the US Mint will start doing colorized coins

kiyotekiyote Posts: 5,614 ✭✭✭✭✭
edited May 25, 2020 10:34AM in U.S. Coin Forum

Once that Pandora’s box has been opened, it’s going to be hard to close!

"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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    joeykoinsjoeykoins Posts: 18,494 ✭✭✭✭✭
    edited May 25, 2020 10:43AM

    Color coins? Actual Toned coins by the Mint? That would definitely be breaking news! Love it. <3

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
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    ElKevvoElKevvo Posts: 4,198 ✭✭✭✭✭

    Yeah that is a Pandora's box. Take the RCM...the number of colorized coins has gone through the roof over the last decade or so and alot of the 'collections' are really hokey. Don't get me wrong, some of them are very attractive and I do own some but many are not worthy collectibles, just marketing kitsch IMO. Still they must sell a lot of them as they continue to make them. It would be sad for the US Mint to travel down this path and I hope they do not.

    K

    ANA LM
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    TomBTomB Posts: 22,974 ✭✭✭✭✭

    If the US Mint is willing to open that Pandora's Box, I can assure you that they have no plans of ever closing it.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
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    joeykoinsjoeykoins Posts: 18,494 ✭✭✭✭✭
    edited May 25, 2020 10:58AM

    This thread will be turning into my recent thread/poll about "Toned Coins". Clearly, the final polls showed an overwhelming vote for the toned coins, rather for the non-toned coins. In which, the Mint is taking a liken to as well.Lol 🌈🌈🌈🌈

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
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    BillJonesBillJones Posts: 35,796 ✭✭✭✭✭

    I am sure there will be a lot more coins for flippers. Count me out.

    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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    joeykoinsjoeykoins Posts: 18,494 ✭✭✭✭✭
    edited May 25, 2020 11:02AM

    In the not so distant future, I can see our dear Host grading these special looking coins in their own little category. I think, that would be awesome! ;)
    How about it, PCGS?

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
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    kiyotekiyote Posts: 5,614 ✭✭✭✭✭

    Hopefully they will be proof so I won’t need them for my half dollar unc registry set.. 😵

    "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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    keyman64keyman64 Posts: 15,650 ✭✭✭✭✭
    edited May 25, 2020 11:40AM

    Very interesting...just not sure what to think here.

    "If it's not fun, it's not worth it." - KeyMan64
    Not really looking for much these days but if I were, it might be a toner. :smile:
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    goldengolden Posts: 10,457 ✭✭✭✭✭

    More junk!

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    TurtleCatTurtleCat Posts: 4,668 ✭✭✭✭✭

    They announced they were doing this some time ago. I don’t have a problem with them doing it but I’ll never buy/own one. But some people like them so more power to them. Considering we will never get out of memorializing presidents in circulating coins at this point, the designs will just stay rather staid and boring and trying to minimize offending people.

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    Namvet69Namvet69 Posts: 9,409 ✭✭✭✭✭

    Was there a public survey on this? How can a coin be graded if the engraving is covered in krylon? Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

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    jmlanzafjmlanzaf Posts: 41,324 ✭✭✭✭✭

    @BillJones said:
    I am sure there will be a lot more coins for flippers. Count me out.

    I don't know. It's nearly impossible to flip RCM products and the mintages are down right infinitesimal on some of those products.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    :'(

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    ms70ms70 Posts: 13,958 ✭✭✭✭✭
    edited May 25, 2020 1:01PM

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    ms70ms70 Posts: 13,958 ✭✭✭✭✭

    @BillJones said:
    I am sure there will be a lot more coins for flippers. Count me out.

    I think the flippers will be stuck with them.

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    7Jaguars7Jaguars Posts: 7,982 ✭✭✭✭✭

    Gaaaaaaaaaaaaaakkkkkkk! A huge pass.......

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
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    ZoinsZoins Posts: 34,465 ✭✭✭✭✭

    I was guessing this wouldn't be far behind after the privy marks (also introduced earlier by Canada)

    Seems like the US Mint is following world Mints now.

    Private Mint News | 2010 Lincoln Reverse Finalists
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    ZoinsZoins Posts: 34,465 ✭✭✭✭✭
    edited May 25, 2020 3:05PM

    The US has 1 more step to go beyond colorizing, which is to license trademarked logos and characters like the following.

    I know some B&M dealers that can't wait for the US Mint to do this because these are the coins their YNs want.


    Private Mint News | 2010 Lincoln Reverse Finalists
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    PocketArtPocketArt Posts: 1,335 ✭✭✭✭✭

    Well, I guess that's one way for US mint to eliminate milk spots... :D

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    ms70ms70 Posts: 13,958 ✭✭✭✭✭

    All we can hope for is the aftermarket colorizers successfully sue the mint to not do it.

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    ZoinsZoins Posts: 34,465 ✭✭✭✭✭

    At least they are going to be round and colorized!

    I think they should just make a large dollar sized basketball coin out of copper. It would be the right color without the need for paint / enamel.

    Private Mint News | 2010 Lincoln Reverse Finalists
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    NicNic Posts: 3,438 ✭✭✭✭✭

    @kiyote said:
    Once that Pandora’s box has been opened, it’s going to be hard to close!

    Is your post from the real US Mint?

    My 1866 Philly Mint Set

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    ZoinsZoins Posts: 34,465 ✭✭✭✭✭

    @Nic said:

    @kiyote said:
    Once that Pandora’s box has been opened, it’s going to be hard to close!

    Is your post from the real US Mint?

    Check out this USMint.gov press release:

    https://www.usmint.gov/news/press-releases/united-states-mint-hosts-ceremonial-strike-of-2020-basketball-hall-of-fame-commemorative-coin-program-coin

    Private Mint News | 2010 Lincoln Reverse Finalists
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    NicNic Posts: 3,438 ✭✭✭✭✭

    Thank you Zoins. That sucks.

    My 1866 Philly Mint Set

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    BillJonesBillJones Posts: 35,796 ✭✭✭✭✭
    edited May 25, 2020 2:01PM

    The more they issue this stuff, the further away from it I get. Of late I have collecting coins of the ancient Roman emperors. Some of them were much more colorful than any modern colorized coin. For some some them reading about their lives is like going to an R-rated movie.

    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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    JBKJBK Posts: 17,454 ✭✭✭✭✭

    :s

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    dpooledpoole Posts: 5,940 ✭✭✭✭✭

    Yikes!


    Here's a warning parable for coin collectors...



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    Dave99BDave99B Posts: 8,916 ✭✭✭✭✭

    Yuck...but then again I haven’t purchased directly from the US Mint in 25 years, so I guess I really don’t care.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
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    FullStrikeFullStrike Posts: 4,353 ✭✭✭

    I suppose that one day we can expect Full Color, Curved , and crafted out of Fine Porcelain ? Wonderful.

    I've often thought the Artists Illustrations of new Coin Designs looked too much like Dinner Plate Art.

    Move over Franlin Mint.

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    kiyotekiyote Posts: 5,614 ✭✭✭✭✭

    @Nic said:

    @kiyote said:
    Once that Pandora’s box has been opened, it’s going to be hard to close!

    Is your post from the real US Mint?

    It’s in the middle part of the official notification from the mint that I got in my Snail mail box. I was about to throw it away when I saw that part.

    "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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    lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭

    Pass.
    Lance.

    Coin Photography Services / Everyman Registry set / BHNC #213
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    CameonutCameonut Posts: 7,432 ✭✭✭✭✭

    I was out on the mints offerings as it was too much drama to buy dreck.
    Now I am doubly out.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

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    koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    I see no problem with it if it's well done. I may get the half and dollar if the price is reasonable.

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    OnastoneOnastone Posts: 4,369 ✭✭✭✭✭

    Drama? What drama?

    @Cameonut said:
    I was out on the mints offerings as it was too much drama to buy dreck.
    Now I am doubly out.

    Uncirculated, Proof, Burnished, Enhanced, Curved, Privy Marked, Colorized, Edge Lettered, Counterfeit, Raw, Slabbed, OGP, Graded, Toned, First Day, First Strike, Limited Edition, Signed Label, Colored Slab, Low Population, Rare, Common, Historical, Hysterical, Modern, Double Strike, Blank Planchet, Error, High Grade, Low Grade, Worn, High Relief, Prooflike, Ultra Cameo, Overpriced, Underpriced, Collectable, Widget, and Dreck.

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    kiyotekiyote Posts: 5,614 ✭✭✭✭✭

    These varieties are just so much fun for album collectors to try and deal with :s

    "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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    CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    It occurs to me that if the Mint released an ABA basketball colorized version, I might just buy that! B)>:)

    My Roosevelt Dime Registry Set
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    BuffaloIronTailBuffaloIronTail Posts: 7,742 ✭✭✭✭✭

    @Hydrant said:
    I already don't like them.

    YEA! Lets NOT like them before they're issued.
    I agree a hundred fifty per cent.
    (You thought I was gonna disagree).

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
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    7Jaguars7Jaguars Posts: 7,982 ✭✭✭✭✭

    Don't forget the 3-D Star Trek spaceships in 3 dollar denomination!

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
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    JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    It figures.

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    jmlanzafjmlanzaf Posts: 41,324 ✭✭✭✭✭

    I'm all in favor. These are FUN for a lot of people.

    A lot of people felt that the proliferation of stamp types killed the stamp hobby. Actually, I think it was the negativity around the proliferation of stamp types that killed the hobby.

    Stamp guys are even more arrogant and self-righteous than coin guys. It's TRUE! You would go to a stamp show and some newbie collector would want to look at material that wasn't "classic" and they would actually get an earful from whichever old curmudgeon happened to be within earshot. It really turned off a lot of people.

    You don't have to buy it. But we should at least embrace the crossover potential.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    savitalesavitale Posts: 1,410 ✭✭✭✭✭

    I'll wait to see them before passing judgement. I think some of the colorized coins look quite nice, actually.

    LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album

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    koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    Those Austrian silver/niobium coins are very nice. I have a complete set. But I don't consider them to be colorized. They are composed of two different metals. Luxembourg also has a nice version of these, struck by the Austrian Mint.

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    MrEurekaMrEureka Posts: 24,683 ✭✭✭✭✭
    edited May 26, 2020 9:45PM

    Although I have no interest in collecting these things, I applaud the Mint's willingness to explore new directions.

    And to give you a sense of how wild this can get ( in a good way ), check out the 2020 COTY winners here:

    https://coinsweekly.com/coin-of-the-year-award-2020-here-are-the-winners/

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    OnastoneOnastone Posts: 4,369 ✭✭✭✭✭

    @MrEureka said:

    check out the 2020 COTY winners

    Wow, I didn't realize there was a Coin of the Year!

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    Namvet69Namvet69 Posts: 9,409 ✭✭✭✭✭

    yup, some creative juices flowing thru those coins. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

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