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 Replies: 8 / Views: 1,479 |
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Valued Member
United States
239 Posts |
I had a thought the other day looking at a post and I want to see what others think.
Coin guys have all these commemorative coins that are legal tender and some have very interesting designs or historical significance to them. So my thought is, where is the love for us currency collectors. Why are there no commemorative notes? Is it the cost? The BEP sells commemorative sets which are just regular notes in a "special" holder that have a serial number that has a date relating to an anniversary of some kind.
Creating a new, short lived note with a different design to commemorate anything would generate a lot of buzz and interest in our hobby. Even the idea didn't last beyond 1 series, it might leave a mark on how future currency is designed and change things up.
Thoughts?
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Valued Member
United States
239 Posts |
I would assume lack of interest plays a big part in that. I for one wouldn't jump at the chance to buy commemorative notes if they were ever released.
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Pillar of the Community
United States
1358 Posts |
I think that if they were produced for circulation they would gain more interest, but at the same time confuse the public.
Countries like the Philippines produce notes with commemorative emblem-like overprints but I'm not sure there is any room on US currency for that, but it would be neat.
... as long as it doesn't get too extravagant like with modern stamps
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Valued Member
United States
80 Posts |
I have a few thoughts on this rather interesting topic:
- There are much fewer currency collectors than there are coin collectors. A commemorative note would basically by definition have much less of a broad appeal than a commemorative coin.
- Anything commemorative is by definition made to be collectable. Thus many people have them in pristine condition. This for the most part prevents future gains from being made on these kind of items. Just look at the large majority of U.S. commemorative coins today. Few have gained in value and the few that have gained in value have plateaued years ago.
For these reasons I doubt they would produce a commemorative bill and even if they did I doubt it would be worth much in the future. That's just my opinion though.
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Pillar of the Community
United States
814 Posts |
I would lov to see some commemorative notes, sadly I don't think it will happen, due to the small collector pool.
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Pillar of the Community
United Kingdom
4208 Posts |
I think its probably a security issue. Any old dummy can photocopy a note and try and peg it as real - thats why modern notes are covered in all sorts of doohickeys. If they had to repeat the design security process for each new note, they'd lose a lot of money.
And I dont htink many people would be interested. Unless they printed a precious metal note...
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Valued Member
United States
317 Posts |
I would be very interested in a coin and currency commemorative set like they have the "Making American History Coin and Currency Set".
That would be amazing to get a different designed note printed up every year based on what US is promoting every year. Just have surcharges for the bill like the coins.
But aren't they having a lot of trouble with the new $100 bills? It would be great but if they can't crank out the new 100s (that's a major priority) in a timely and efficient manner, I don't think they could crank out a different design every year. But maybe they could, it would be great.
I'd love to see the beautiful artwork of something like the Educational Series brought back to currency and it would be nice to see different designs for the various organizations.
Can't the lawmakers just throw in a currency design to be included in an upcoming bill for a commemorative coin?
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Bedrock of the Community
United States
12437 Posts |
The 1976 Series $2 was essentially a commemorative currency. The prior series had Monticello on the reverse but it was changed to John Trumbull's painting depicting the signing of the Declaration of Independence just in time for the Bicentennial celebration.
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Valued Member
United States
177 Posts |
I do have a commem 1988 $10 Australian note. It is beautiful with glamorous color.
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Replies: 8 / Views: 1,479 |
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Posted 09/03/2013 10:59 am
