<< <i>A coin is an item produced (usually) by a government entity to be used for the purpose of facilitating trade, ie it circulates through commerce. A proof item, on the other hand, has absolutely nothing to do with commerce and is produced merely as a mint collectable. >>
So a non-proof commem is not a coin? >>
No, it isn't. It is a souvenir made to commemorate a certain person, place, or event.
Just because I'm old doesn't mean I don't love to look at a pretty bust.
<< <i>A coin is an item produced (usually) by a government entity to be used for the purpose of facilitating trade, ie it circulates through commerce. A proof item, on the other hand, has absolutely nothing to do with commerce and is produced merely as a mint collectable. >>
So a non-proof commem is not a coin? >>
No, it isn't. It is a souvenir made to commemorate a certain person, place, or event. >>
Commemoratives are LEGAL TENDER........Federal Issue.... page 262 Red Book Spiral Binder 2006.........
<< <i>No, they are metal discs which happen to be made by the the mint. The fact that they are legal tender does not in and of itself make them coins. This simply signifies that the U.S. government will accept them for payment purposes. Nor does the fact that they can be spent in stores... >>
What about ASEs and AGEs? They're certainly not intended to be used as coins...
"The greatest productive force is human selfishness." Robert A. Heinlein
<< <i>No, they are metal discs which happen to be made by the the mint. The fact that they are legal tender does not in and of itself make them coins. This simply signifies that the U.S. government will accept them for payment purposes. Nor does the fact that they can be spent in stores... >>
What about ASEs and AGEs? They're certainly not intended to be used as coins... >>
They are not coins either. They are silver and gold rounds. No more, no less.
Just because I'm old doesn't mean I don't love to look at a pretty bust.
I don't think OKbutchaser is being serious. I think he is pulling our collective leg.
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
It should be no contest- proofs are so beautiful, and are the ultimate in coin production. I'm a little surprised that all of you losers have picked business strikes......
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<< <i>It should be no contest- proofs are so beautiful, and are the ultimate in coin production. I'm a little surprised that all of you losers have picked business strikes...... >>
<< <i>I don't think OKbutchaser is being serious. I think he is pulling our collective leg. >>
If he is pulling them, he is pulling them in a similar direction that I would.
I chose business strike in the poll and when I think of a 'coin', I think of something that has been made with the intended purpose of entering circulation. In my world, that even excludes a number of business strikes. That does not mean that I don't like or collect things that don't meat my personal definition. I do. I just don't think of them in quite the same way.
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I'm more impressed by a beautifully lustrous field than by a cameo look. So generally I'd say business strike. However, some coins have so many devices that the cartwheeling luster is very hard to see, and becomes a somewhat less prominent feature. In such a case, I'd probably choose proof.
"The greatest productive force is human selfishness." Robert A. Heinlein
Comments
<< <i>
<< <i>A coin is an item produced (usually) by a government entity to be used for the purpose of facilitating trade, ie it circulates through commerce. A proof item, on the other hand, has absolutely nothing to do with commerce and is produced merely as a mint collectable. >>
So a non-proof commem is not a coin? >>
No, it isn't. It is a souvenir made to commemorate a certain person, place, or event.
Experience the World through Numismatics...it's more than you can imagine.
<< <i>
<< <i>
<< <i>A coin is an item produced (usually) by a government entity to be used for the purpose of facilitating trade, ie it circulates through commerce. A proof item, on the other hand, has absolutely nothing to do with commerce and is produced merely as a mint collectable. >>
So a non-proof commem is not a coin? >>
No, it isn't. It is a souvenir made to commemorate a certain person, place, or event. >>
Commemoratives are LEGAL TENDER........Federal Issue....
page 262 Red Book Spiral Binder 2006.........
<< <i>
Commemoratives are LEGAL TENDER........Federal Issue....
page 262 Red Book Spiral Binder 2006......... >>
Once again, its status as legal tender has absolutely nothing to do with whether or not it is a coin.
<< <i>
<< <i>
Commemoratives are LEGAL TENDER........Federal Issue....
page 262 Red Book Spiral Binder 2006......... >>
Once again, its status as legal tender has absolutely nothing to do with whether or not it is a coin. >>
I Think those Commemorative collectors would be upset if you told them their COINS are worthless.............
<< <i>
I Think those Commemorative collectors would be upset if you told them their COINS are worthless............. >>
I never stated that they were worthless. I collect them myself. I merely stated that they were not coins.
<< <i>No, they are metal discs which happen to be made by the the mint. The fact that they are legal tender does not in and of itself make them coins. This simply signifies that the U.S. government will accept them for payment purposes. Nor does the fact that they can be spent in stores... >>
What about ASEs and AGEs? They're certainly not intended to be used as coins...
Robert A. Heinlein
<< <i>
<< <i>No, they are metal discs which happen to be made by the the mint. The fact that they are legal tender does not in and of itself make them coins. This simply signifies that the U.S. government will accept them for payment purposes. Nor does the fact that they can be spent in stores... >>
What about ASEs and AGEs? They're certainly not intended to be used as coins... >>
They are not coins either. They are silver and gold rounds. No more, no less.
.............
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>My guess is Proofs will be beaten by a 5 to 1 margin >>
To my surprise, Proofs held up nicely
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<< <i>I don't think OKbutchaser is being serious. I think he is pulling our collective leg.
Who, Me????
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<< <i>Proofs were created for the collector >>
I've got serious issues about things that are especially made to be collected. Proofs draw very little interest in my book.
But I confess to own a few Proof eagles, SBA's, and commeratives in proof.
<< <i>It should be no contest- proofs are so beautiful, and are the ultimate in coin production. I'm a little surprised that all of you losers have picked business strikes......
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“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
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<< <i>I don't think OKbutchaser is being serious. I think he is pulling our collective leg.
If he is pulling them, he is pulling them in a similar direction that I would.
I chose business strike in the poll and when I think of a 'coin', I think of something that has been made with the intended purpose of entering circulation. In my world, that even excludes a number of business strikes. That does not mean that I don't like or collect things that don't meat my personal definition. I do. I just don't think of them in quite the same way.
My Web Sites
Robert A. Heinlein