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 Replies: 74 / Views: 9,455 |
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Pillar of the Community
708 Posts |
Well, I checked with the Mint on the possible 2014 50th anniversary Kennedy half idea that the Mint was surveying collectors about, and the lady I got on the phone said she had not heard anything of it, and she checked to see if there was any legislation introduced for such a redesign, and there hasn't, yet. But I did ask her if she could suggest that they mint collector bags and rolls so that maybe I could get some of the bags and get some into circulation, just to give people a heads up that halves are still being minted, even though I know I would be paying a premium, and most, if not all of these "special" halves would be pulled out of circulation by collectors, and most likely won't even dent the problem. But at least maybe I could get the Mint to give some of the major banks brochures or mail out catalogs with an article about the new halves, and maybe even Coin World could do a story. One thing I might be able to try, is asking a store if I could set up a table or booth inside their store and sell the redesigned halves at the premium I got them for, to spark interest, and sell rolls or individual current style halves to customers. Walmart may be a good place to propose this idea, because of how their self checkout machines take halves.  But that's if the 2014 redesign happens... |
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Pillar of the Community
 708 Posts |
Oh, and the lady at the Mint also said I could call back whenever I wanyed, to check the status of the redesigned half issue., And she told me 2013 halves will be issued on June 20th, but I think someone here already posted that. It sounds familiar, but I just wanted a friendly reminder.
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New Member
United States
29 Posts |
June 20th sounds right to me.
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Pillar of the Community
United States
899 Posts |
The "Anniversary Set" isn't a redesign and doesn't need legislation. If the mint decides to change the appearance of the Kennedy half - without changing the actual coin - they can do it. |
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Pillar of the Community
708 Posts |
Doug58s,
I always heard that, as long as a coin has had a certain design for a certain amount of years (or decades) the Mint can change the design without Congressional permission. Is that what you're talking about, by any chance?
Edited by Fox
05/22/2013 9:04 pm
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Bedrock of the Community
13014 Posts |
What hes saying is that if they wanted to do a RP or put special finishes on the coin they dont need permission to do so. If they wanted to redesign a bay of pigs reverse though that would require a bill in congress. Since theyre only considering special finishes and versions of the existing design there wont be any bills in congress to tip off that the sets coming
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Pillar of the Community
708 Posts |
basebal21,
You are my info guy, and I'm grateful for that. But this time, I don't understand what you mean.
Are you meaning they might only "slightly" modify or tweak at the coins, and if they did that, there'd be no legislattion required, and if they did a FULL blown redesign, then THAT would require a bill in Congress?
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Pillar of the Community
United States
996 Posts |
If the design hasn't changed in 25 years the Mint can change it without Congressional approval. Congress however can pass laws to force design changes (as they did with the various Dollar coins and quarters). They even passed a law to prevent a change ( Jefferson nickel is mandated to have Monticello and Jefferson on it until Congress decides otherwise). If the Mint wants to change the design of the Half Dollar or Dime they can do so without Congressional approval legally. I would imagine however that Congress would step in and force what they want anyway, thus I think we are stuck with more decades of uninspired designs on coins that no one uses (half dollars, dollars) as well as real coins used every day (pennies, nickels, dimes and quarters). The Mint can create collector coins without congressional approval on protected coins, such as the nickel, or on designs less than 25 years old. These options include different proof finishes, composition, mint marks etc.) since these do not alter a protected or "young" design. Thus if the Mint wanted to make a Satin Proof version of any coin or make a silver penny they could do so without congressional approval. The one president that really thought about coin designs (Teddy Roosevelt) probably deserves a coin if any president does, just for that reason alone. Edited by n9jig
05/22/2013 10:01 pm
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Bedrock of the Community
13014 Posts |
Basically yes. As long as the kennedy head on the front and the eagle seal on the back stays the same they dont need permission to make it a proof or reverse proof or any other finish they wanted to put on that. If they wanted to replace the kennedy head or the seal they would need permission for that. Like they didnt need permission to do the special ASE sets but they did need permission to change from a Franklin half to the Kennedy half if that makes sense |
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Pillar of the Community
United States
927 Posts |
But the Franklin design was only in use for 16 years, which is less than 25. So it would need Congress to approve a design change. I am aware of the 25 year rule, but I am not certain what the mint can actually change without congressional approval. I wish they would change the actual design of the half dollar as a special 50th anniversary. That would be nice.
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Moderator
 United States
14463 Posts |
According to the Wikipedia: Quote:The Kennedy half dollar, first minted in 1964, is a currently struck fifty cent coin issued by the United States Mint. Intended as a memorial to the assassinated President John F. Kennedy, it was authorized by Congress just over a month after his death. |
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Pillar of the Community
United States
996 Posts |
The perfessor is correct, the Franklin half could not have been changed unilaterally by the Mint without Congressional approval since it was only 16 years old. Congress did select the half dollar to memorialize President Kennedy. Looking at the coins available then it was the logical choice. The cent, Nickel, Dime and quarter were all pretty much untouchable, just as they are now. There was no circulating dollar coin, they reused the Peace dollar design later but it was never released. Franklin, while a beloved figure, was expendable in this regard so they chose the half dollar to put Kennedy on. This, ironically, helped lead to the demise of the half dollar in commerce. If the coin wasn't being held for it's silver value people were saving them as memorials to the President. After dimes and quarters were switched to CuNi clad the Kennedy half retained 40% silver but that didn't reduce the hoarding for both memorial and silver content reasons. Had they continued with the Franklin half and created a Kennedy Dollar coin instead I think you would have seen half dollars in use daily today. The halves might be Ikes, since by the time Ike died the Franklin half would have been 25 years old. Edited by n9jig
05/23/2013 07:12 am
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Pillar of the Community
United States
2815 Posts |
Oh my goodness- a silver penny was mentioned. For some reason, that sounds completely AWESOME to me! I know it will never happen, though. But still, what a cool concept.
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New Member
United States
48 Posts |
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Pillar of the Community
708 Posts |
Darth Morgan,
Although there is not one drop of silver in them, I've seen 1943 (and 1944 error) zinc-plated steel pennies be refered to as "silver pennies". (-;
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Bedrock of the Community
13014 Posts |
Fox some people do silver plate those as well
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Replies: 74 / Views: 9,455 |
Posted 05/22/2013 7:35 pm
