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 Replies: 61 / Views: 1,837 |
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Moderator
 United States
189222 Posts |
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thanks jbuck--- My pleasure.  |
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Moderator
United States
189222 Posts |
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if we want to be totally accurate, the silver is a medal, gold are coins. Fixed.  Quote:
I mean, who wouldn't want a $250 face coin for $19,600? Not me. But one of the tech bro billionaires can have it with their cake.  |
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Moderator
United States
97089 Posts |
wow, what a nice price gouge this one is.
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Pillar of the Community
United States
1375 Posts |
So, 31 U.S. Code § 5112 - Denominations, specifications, and design of coins (i)(4)(a) says Quote:
Notwithstanding any other provision of law and subject to subparagraph (B), the Secretary of the Treasury may change the diameter, weight, or design of any coin minted under this subsection or the fineness of the gold in the alloy of any such coin if the Secretary determines that the specific diameter, weight, design, or fineness of gold which differs from that otherwise required by law is appropriate for such coin. and that allows the Mint to create a Liberty Bell coin. How these coins are to be priced is given by 31 U.S. Code § 5112 - Denominations, specifications, and design of coins (i)(2)(a) which says Quote:
The Secretary shall sell the coins minted under this subsection to the public at a price equal to the market value of the bullion at the time of sale, plus the cost of minting, marketing, and distributing such coins (including labor, materials, dies, use of machinery, and promotional and overhead expenses). I guess "the cost of minting, marketing, and distributing such coins (including labor, materials, dies, use of machinery, and promotional and overhead expenses)" must be astronomical   |
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Bedrock of the Community
  United States
12845 Posts |
$19.6k * 2026 = $39,709,00 gross. Big chunk of change for the mint just on the 1-oz gold. Quote:
and that allows the Mint to create a Liberty Bell coin. yes, for gold. |
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Moderator
United States
189222 Posts |
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I guess "the cost of minting, marketing, and distributing such coins (including labor, materials, dies, use of machinery, and promotional and overhead expenses)" must be astronomical I am sure they used the same guidelines that justified $800 hammers for the military. |
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Pillar of the Community
United States
2243 Posts |
Had the silver one been 1 oz and $1 denomination I would have been interested.
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Pillar of the Community
United States
773 Posts |
You would have been interested in a 1 ounce silver coin for $750?
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Moderator
United States
189222 Posts |
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Had the silver one been 1 oz . Easy.  Quote:
and $1 denomination Needs an Act of Congress. Good luck with that.  |
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Moderator
United States
189222 Posts |
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You would have been interested in a 1 ounce silver coin for $750? It would have been $1500. |
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New Member
United States
24 Posts |
Well I hope the US Mint doesn't start going down the same road as the Royal Canadian Mint. Coins in every shape imaginable including spaceship, glow in the dark, multi-piece puzzles, etc. And in more then 15 different denominations. |
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Pillar of the Community
United States
773 Posts |
I'm already winding down my collection, and that would put the final nail in the coffin.
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Pillar of the Community
United States
1239 Posts |
I'd agree the silver would be much more appealing as a coin, not a medal. My opinion on why they kept it at a half ounce, is the dimensions of all 3 versions are actually pretty close to each other. Possibly they can't realistically produce a 1 ounce silver size. I can't believe how close the 1 ounce and half ounce gold are to each other, it's all in the thickness. For the price they are charging for these, the amount of material becomes close to a moot point. On the silver especially, I mean really, $750, is anyone seriously contemplating this, I mean really serious, going to argue the half ounce vs one ounce? That's like what $35-$40 difference in metal cost right now. My only justification is they really do have to spend a lot of time making them. Why else do they limit the profits to a couple thousand units? I may do it. I may try for a silver, but if I do, all my Morgan and Peace purchases are gone. I'd be spending about the same amount. The timing is excellent, plenty of time to cancel the other subs I have. I'd really thought my really "special" purchase of the year was the EU Gold Eagle, and really for the cost, it is. I really do like this silver Liberty Bell medal though. Man that's a lot. I did buy the gold bristle cone pine Liberty coin a few years ago, but then returned it.    Edited by Gilly
06/20/2026 09:41 am
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Pillar of the Community
United States
4593 Posts |
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I'd agree the silver would be much more appealing as a coin, not a medal. 1. It would have required congressional action, the semiQ coin programs were set a while back, and the commemorative slots are filled 2. The beauty comes from not having the required coin elements - denomination, date, IGWT, Liberty, Eagle, etc. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
1239 Posts |
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would have required congressional action I do realize that. |
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Replies: 61 / Views: 1,837 |
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Posted 06/17/2026 10:25 am
