Coin Community Family of Web Sites
Shop CCF Members on eBay! 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Commems Collection Classic: A Call For A Return To Commemorative Coins

To participate in the forum you must log in or register.
Author Previous TopicReplies: 2 / Views: 383Next Topic  
CCF Master Historian of USA Commemoratives
Learn More...
commems's Avatar
United States
12252 Posts
 Posted 12/08/2025  09:45 am Show Profile   Bookmark this topic Add commems to your friends list Get a Link to this Message Number of Subscribers
In an opinion piece on coins I found in the September 3, 1960 edition of The Lima News (Lima, Ohio), LeRoy Burnette asked:

"If an event is important enough to commemorate, why shouldn't every collector have an equal and fair chance to obtain these collector items?"

He then answered:

"The best and easiest way to do this would be simply returning to the tried and true practice of issuing commemorative half dollars when an appropriate occasion warrants."

The piece was published at a time that was at the beginning of the "commemorative medal age" as the United States ("US") Mint and many private mints began issuing commemorative medals to fill in the gap left by the cessation of the US commemorative coin series. The Franklin Mint and the Heraldic Art Company are just two private companies that made a name for themselves via medals during his time.

In the article, Burnette bemoaned the fact that some silver and gold medals carried high dealer premiums and that this was cutting out many collectors who might have wanted one. Hasn't this always been the case? Not all numismatic collectibles (or collectables, if you prefer) have been intended for the "masses" - use of higher-cost precious metals, limited mintage levels, high issue prices have all been factors in limiting the supply of certain pieces. It's long been a part of the hobby.

But what about Burnette's call for a restart of the US commemorative coin series? Would you have supported his position at the time? OR Would you have been in the camp that supported the "pause" of the series?




Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Moderator
Learn More...
nickelsearcher's Avatar
United States
15386 Posts
 Posted 12/08/2025  1:49 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply

Quote:
"If an event is important enough to commemorate, why shouldn't every collector have an equal and fair chance to obtain these collector items?"


That is a fine sentiment from Mr. Burnette, but IMO it is not grounded in the reality of how collectibles are valued and sold.

In many cases the intrinsic value of precious metals contained in commemoratives or medals is an economic forcing function that limits the audience who can obtain them.

As you said ....


Quote:
It's long been a part of the hobby.


To the question of continuing with commemorative coins back in 1960, I could have supported this with a few constraints:

1. The events to be commemorated must have been of national significance, not York County Maine Tercentenary (as a specific egregious example of limited and local significance).

2. The coins were to be issued for only one year and from only one mint. Uncirculated and Proof versions are OK.

3. Coins containing precious metal should be priced at the sum of: metal spot value, mint production costs and an appropriate surcharge.

It would be a fun thought exercise to imagine the events that occurred between 1954 (final classic commemorative issue) and 1982 (first modern commemorative issue) that fit these requirements.

I'll start thinking about it.
Take a look at my other hobby ... http://www.jk-dk.art
Moderator
Learn More...
jbuck's Avatar
United States
187582 Posts
 Posted 12/08/2025  4:51 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I am not sure how I would have felt then, not being of the time. But today, I feel like there are many missed opportunities for medals where commemorative legislation (rightly) failed to pass.
  Previous TopicReplies: 2 / Views: 383Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.25 seconds to rattle this change. Forums