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Commems Collection Modern: 1996 Atlanta Olympics Coin Cover

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commems's Avatar
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 Posted 11/04/2018  01:51 am Show Profile   Bookmark this topic Add commems to your friends list Get a Link to this Message Number of Subscribers
As a kid, I collected stamps along with coins. Though I drifted away from stamp collecting, I still occasionally add certain philatelic items to my collection. This post is about one such item.

The surcharges collected from sales of the gold, silver and CuNi clad coins that were part of the massive 1995-96 Atlanta Olympics commemorative coin program were paid to Atlanta Centennial Olympics Properties which then distributed the funds evenly between the Atlanta Committee for the Olympic Games, Inc. (ACOG) and the United States Olympic Committee (USOC). Coin program related expenses incurred by Atlanta Centennial Olympics Properties were reimbursed prior to the 50/50 split between ACOG and the USOC; the Properties group was established to market and license the logo and other emblems of the Atlanta Olympic Games.

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The authorizing legislation, however, did not restrict either the ACOG or USOC from striking deals with third parties for products that featured the coins; such "extra" deals could generate additional funds that did not need to be shared. The USOC struck such a deal with Fleetwood, the first day cover folks, to produce a philatelic-numismatic cover (PNC) that generated funds specifically for them.

The PNC includes an uncirculated version of the 1996 High Jump silver dollar. The coin's obverse was designed by Calvin Massey and depicts a high jumper in mid-jump using a jumping style popularized by Dick Fosbury at the 1968 Mexico Olympics - the Fosbury Flop. The reverse of the coin features the ACOG logo and required inscriptions; it was designed by Thomas D. Rogers.

The coin was struck in Denver and had a final mintage of just 15,697; it originally sold for either $27.95 (Pre-Issue) or $31.95 (Regular). The coin carries a premium in today's secondary market, with most sales closing at $90 and up.

The philatelic component of the cover features two stamps - a 5-cent Olympics stamp from 1932 (one of the first Olympics-themed stamps issued by the US Post Office) and a 1996 32-cent stamp of similar design. Each of the stamps features a depiction of the Discobolus, a Greek sculpture of a discuss thrower that dates back to circa 450 BC. The cover also features a custom postmark that cancelled the two stamps on July 19, 1996 - the date of the opening ceremonies for the Atlanta Olympics.

The PNC provided a double dip for the USOC - they received 50% of the surcharge funds collected via Fleetwood's original purchase of the silver dollars from the US Mint plus additional licensing fees from Fleetwood in exchange for authorizing them to issue and market an "Official Silver Dollar Coin First Day Cover."

I find PNCs such as this a nice supplement to my US commemorative coin collection.

Shown below is the front and back of the full-color cover

Commems-Collection-Modern:-1996-Atlanta-Olympics-Coin-Cover

Commems-Collection-Modern:-1996-Atlanta-Olympics-Coin-Cover

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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bpoc1's Avatar
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 Posted 11/04/2018  06:19 am  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Thanks for sharing.
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Bump111's Avatar
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 Posted 11/04/2018  07:46 am  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
An interesting and thorough post as always. Thank you.

I need to start digging into the details of my items like you've done here. It makes the hobby even more interesting.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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scopru's Avatar
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 Posted 11/04/2018  07:54 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
Great posting commems and very interesting write up.
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CelticKnot's Avatar
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 Posted 11/04/2018  1:58 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
That's a great item and a great write-up.

Is the 1932 5-cent stamp original or a reproduction for this issue? The text on the back of the item says "hard-to-find 5-cent Discobolus of 1932" so I assume it's original.
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nickelsearcher's Avatar
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 Posted 11/04/2018  5:43 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Enjoying, as always, whatever you wish to share commems.

We collectively learn from all of your posts - and I always wish to salute the power of the knowledge you share as exemplary.

I'm personally looking forward to the publication of the book that contains all of this history in one place.
Take a look at my other hobby ... http://www.jk-dk.art
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12253 Posts
 Posted 11/04/2018  5:44 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@CelticKnot: Yes, the cover includes an original 1932 stamp.

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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CelticKnot's Avatar
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 Posted 11/04/2018  10:05 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
I'm personally looking forward to the publication of the book that contains all of this history in one place.

Me too. I'll buy the first printing and get an autograph.


Quote:
@CelticKnot: Yes, the cover includes an original 1932 stamp.

I assumed so, but if they were "hard-to-find", I wonder where they found 15.7k of them.
CCF Master Historian of USA Commemoratives
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commems's Avatar
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 Posted 11/04/2018  11:24 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@CelticKnot: The 15,697 mintage figure was the overall total for the High Jump silver dollar not the number of PNCs produced. I've never seen production numbers on the PNC, but I would guesstimate that no more than a few hundred were produced.

Fleetwood was never bashful with its coin cover prices and 1996 was a down time for the modern US commemorative program - collectors had become fatigued with all of the recent issues - it wasn't a combination that would produce a strong PNC seller.

I continue to search for actual production/sales numbers for the PNC and will report them if I learn more.

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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CelticKnot's Avatar
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12812 Posts
 Posted 11/05/2018  01:19 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Ah, that makes more sense. Thanks, commems.
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jbuck's Avatar
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 Posted 11/05/2018  4:05 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Excellent post!

Seems like yesterday. Being so close, I was lucky enough to go see some of the events.
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