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 Replies: 23 / Views: 2,129 |
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Pillar of the Community
United States
4869 Posts |
In 1964, a small run of Peace dollars was produced, all at the Denver Mint; however, plans for completing this coinage were then abandoned and all those that had been minted were melted, with no known specimens being preserved or released either for circulation or collection purposes. http://en.wikipedia.org/wiki/United...sh.3B1935.29 |
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Valued Member
United States
421 Posts |
Yep. And rumors persist that there are some still out there in collector hands. It would not surprise me. Same with teh Aluminum Lincolns.
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Valued Member
United States
187 Posts |
I wonder if Ladybird Johnson had a few tucked away. Maybe something will pop up down the road. If you had one, would it be illegal to own it?
Jerry
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Pillar of the Community
 United States
4869 Posts |
I read the aluminim cents are illegal to own and the secret service will come after you.
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Rest in Peace
United States
2884 Posts |
Great website! Tons of info and easy to read! Have these ever been counterfeited? Has anyone ever "seen" one? Mike  |
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Valued Member
United States
187 Posts |
I don't think anybody would dare to. Where would you say you got it from?
Jerry
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Pillar of the Community
United States
2724 Posts |
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Pillar of the Community
United States
4869 Posts |
What was the reason that these were melted down before entering circulation? How long would this dollar have lasted if it were reintroduced?
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Pillar of the Community
United States
2724 Posts |
The coin was melted because the country had been taken off of the silver standard. Considering that millions of silver dollars were still in circulation or sitting in bank vaults in 1963, this dollar would not have made it long.
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Pillar Of The Community
3147 Posts |
All I have ever seen were pictures. Rumor has it some of them were not accounted for but...you know how rumors are! Some say a member of this forum, living way out west, is sitting on those unaccounted for but I won't mention his name!
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Pillar of the Community
United States
1203 Posts |
You know Terry, I have heard the same rumors about someone having one or two of these Peace dollars which aren't fake. But I also know for a fact that the U.S. Marshal of Montana has looked the area around Ennis, Montana fairly well without finding nary a ooe. We are starting to think old 'knowtracks' may have been funning us. What do you think  |
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Rest in Peace
United States
2884 Posts |
Why didn't they go to a 40% silver like the half dollars? And then to a regular clad? The Ike was still a ways out in the future at that point! Anyone have a picture of a counterfeit one? Mike Edited by Mike
06/14/2005 12:44 pm
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Valued Member
United States
187 Posts |
Wasn't there something about President Johnson ordering these struck without the approval of Congress? I thought that was one of the main sticking points of them not being released. Also, I don't personally believe any exsit. Simply because people can't keep their mouths shut about it. If I had one, I know I would eventually show it to somebody with the statement "Hey, don't tell anybody, but look what I got."
Jerry
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Pillar of the Community
United States
2724 Posts |
The dollar coin was NOT a legal coin as there was no law written for it. The Mint jumped the gun on this believing that congress would approve the bill. Many of these coins were sold at face value to Mint employees, then were ordered to return the coins. According to the few records that have been made public, as many as 6 coins were unaccounted for.
IF one of these coins were to be bought, there is a small "grey" area in which there could be a legal fight.
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New Member
United States
2 Posts |
quote:
IF one of these coins were to be bought, there is a small "grey" area in which there could be a legal fight.
IF one ever did come forward and IF it became legal to sell, any quesses on how much it would go for? More than the 1933 $20 Double Eagle? |
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Pillar Of The Community
3147 Posts |
Hey Old Dan it wasn't KnowTracks I was thinking about but I suppose there could be a connection? I am pretty sure someone from the old CW forum was accused of having that stash but can't quite remember all the information presented at the time! Darn the luck!
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Replies: 23 / Views: 2,129 |
Posted 06/13/2005 11:27 pm
