2012 Infantry Soldier Silver Dollar...Necessary Why???

RichR · February 16, 2012 3:44AM

Not to be evil or anything...but how is this different (or necessary) when one considers the Army commem half dollar issued last year?

And would anyone like to guess how low the sales will be due to collector exhaustion?

baccaruda · February 16, 2012 3:48AM

Interest is going to be pretty freaking low, IMO. I'm unloading any modern commems I've accumulated at melt and won't look back. The mint is commemorating everything now.

RichR · February 16, 2012 4:02AM

Right? It's not just me, is it...but shouldn't this one have definitely been rolled under last year's military themed program?

And why the need to focus on one type of division, namely infantry? What's next, Airborne, Rangers, Special Forces, tankers...? Very odd.

Kinda like a Navy dollar focused on Air, but not surface or subsurface forces.

291fifth · February 16, 2012 4:08AM

While at the Ft. Polk reception center in 1970 we were being issued our uniforms. On the inner wall of the building was a large painting that said "Infantry, Queen of Battle."

Fortunately, I ended up in the MPs, not the infantry.

So far as the coin goes ... another unneeded commemorative that will fade quickly.

OPA · February 16, 2012 4:11AM

<< Interest is going to be pretty freaking low, IMO. I'm unloading any modern commems I've accumulated at melt and won't look back. The mint is commemorating everything now. >>

Do you have any $5 MOH or Army that's in your inventory to be unloaded at melt? I'll pay you $10 above melt for each one of them

baccaruda · February 16, 2012 4:24AM

PM me if you're interested in any, otherwise they're going to the coin shop. I think I quit buying before those two came along.

baccaruda · February 16, 2012 4:34AM

The "American Soldiers Disabled for Life" commem made me say "Alright, that's enough" as I gathered up my modern commems for smelting.

I think 2013 will be the "Generate $2M worth of Revenue for the U.S. Mint" commem.

Mission16 · February 16, 2012 4:42AM

Everyone needs to remember that the Mint itself doesn't decide which things to commemorate. It is required to do so by acts of Congress. So by extension, the idea of what to commemorate comes from whichever special interest group approached thier lawmakers to propose such a bill.

Coming soon; The Whitney Houston Commemorative $20 gold piece.

baccaruda · February 16, 2012 4:47AM

LoL, good luck selling that as $20 Gold.

johnny9434 · February 16, 2012 5:57AM

ill stick with the early commems. tyvm.

younique · February 16, 2012 7:53AM

Someone's buying. Backordered to 5-31 -- hmmm.

pf70collector · February 16, 2012 7:56AM

I have 41 oz of silver commemoratives raw. Don't think I need another one. At least its not the recycled revolutionary soldier from the 76 bicentennial quarters.

CyStater · February 16, 2012 8:46AM

What could one expect for a common modern commen at a local B&M? I have a bunch I would like to dump too when I get around to it.

Mission16 · February 17, 2012 5:35AM

<< What could one expect for a common modern commen at a local B&M? I have a bunch I would like to dump too when I get around to it. >>

If it's the silver dollar, figure 90% silver pricing. Clad? Good luck.

If it were me, I'd offer them on the BST first. you will in all probability get a better price the your local B&M.

silverstreak · February 17, 2012 6:25AM

Man the mint is giving the opportunity to load up on low mintage stuff left and right. Might take a run at some for FS grading.

Leonidas · February 17, 2012 7:11AM

The OP has never been in the military. I think it will be a hit. Now if they come out with a SEAL Team 6----------Watch Out

Leonidas · February 17, 2012 7:12AM

Just to add. There are a lot of infantry soldiers out there and their families

Mockingjay · February 17, 2012 8:25AM

As an observation, the military issues seem to be patronizing. I appreciate the job they do, but still smell a political opportunity from congress for surcharges. And I agree. The Disabled for Life issue was in poor taste. Terrible exploitative design.

BryceM · February 17, 2012 8:44AM

Wasn't the US government mint started to create a medium for commerce? Isn't that still its role? Now that congress has the budget balanced and everything running smoothly I guess they have time for stuff like this.

While commerce and commemorate share a few letters I remain less than commemorative. Can't the guys at the Franklin mint handle things that need commemorating via regular free market processes?

How's that for a bad attitude?

BryceM · February 17, 2012 8:49AM

Wait! Lest I get flammed off the planet, please don't assume for a second that I don't support or recognize the troops. Everything we hold dear has been earned and paid for by their sacrifice. As far as I'm concerned, the military is the one part of government that works just like its supposed to and is still defined by its original mandate.

Mission16 · February 17, 2012 9:32AM

<< Just to add. There are a lot of infantry soldiers out there and their families >>

There sure are. But how many of them are on the Mint's mailing list? If everyone who is represented by a commemorative coin were to buy that coin, then EVERY issue would be a sellout EVERY time. This doesn't happen.

kiyote · February 17, 2012 10:04AM

<< 

<< Just to add. There are a lot of infantry soldiers out there and their families >>

There sure are. But how many of them are on the Mint's mailing list? If everyone who is represented by a commemorative coin were to buy that coin, then EVERY issue would be a sellout EVERY time. This doesn't happen. >>

The Marines dollar sold out like crazy and was booming in the aftermarket for a while. The army coins did badly across the board. It's hard to say how the Infantry dollar will do but interest in this board so far bodes poorly for sales.

MikeInFL · February 17, 2012 11:09AM

<< And would anyone like to guess how low the sales will be due to collector exhaustion? >>

No way! This is the new way of collecting, and you better get on board!

topstuf · February 17, 2012 11:26AM

We are truly a stupid country.

If anyone had any brains, they'd have commemorative BILLS!

Sell at premium with pretty pictures and cost almost zero.

CaptHenway · February 17, 2012 12:09PM

<< Everyone needs to remember that the Mint itself doesn't decide which things to commemorate. It is required to do so by acts of Congress. So by extension, the idea of what to commemorate comes from whichever special interest group approached thier lawmakers to propose such a bill.

Coming soon; The Whitney Houston Commemorative $20 gold piece. >>

Correct! The problem is CONgress, not the Mint!

2012 Infantry Soldier Silver Dollar...Necessary Why???

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