Talk:Modern United States commemorative coins
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[edit] Circulating Commemerative Coins
In my many years of coin collecting, I've noticed that there are two different kind of commemerative coins, circulating, and collector's.
With some exceptions, like the columbian exposition half dollars and the Booker T. Washington/Washington-Carver halves of 1946 and 1952, commems were of low mintange and sold originally in sets.
However, the Bicentennial coinage of 1976 and the Westward Journey nickels and State quarters, are circulating coins, or at least they're supposed to be. So what I did, is I put them on the list as modern commemeratives along with the presidential dollars, which are supposed to circulate.
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- No commemorative coins as far as I know were intended for circulation. The Columbian halves were sold for a dollar and some of the ones that didn't sell were melted. Some were also held by the banks as collateral for the Expositions unpaid loans, these were then released into circulation when the loans were defaulted. That does not qualify as intended for circulation.
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- The coins you've added on this page are 100% intended for circulation, therefore not commemoratives. No other coins of the same denominations were minted. The new dollar coins are different, the sackie will still be minted, so they are an addition to circulating coins and in my opinion loosely qualify as a commemorative although it is debatable. Bobby I'm Here, Are You There? 03:41, 1 January 2007 (UTC)
No. The Sackies are set-only, and the presidential dollars are going to be minted for circulation, thus they aren't commems. Ericl 22:52, 1 January 2007 (UTC)
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- I suggest you go read the act. 1/3 of all circulating dollar coins must be sackies...
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- (ii) CIRCULATION QUANTITY- Beginning January 1, 2007, and ending upon the termination of the program under paragraph (8), the Secretary annually shall mint and issue such 'Sacagawea-design' $1 coins for circulation in quantities of no less than 1/3 of the total $1 coins minted and issued under this subsection.
