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Looking For Input On The Baseball Hof Coin

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Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 03/27/2014  2:58 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
but why is the HOF coin considered a commemorative if they are $5 (Gold) and $1 (Silver) coins? Doesn't the mint giving them a dollar figure make them actual legal tender that could (heaven forbid) be spent for their face value, therefore making these modern coins (just like the ASE)?


All the commemoratives have values. They need a value assigned to be a coin and not a medal. When its just a medal very few people care but put a face value on it and call it a coin and interest sky rockets.
Valued Member
United States
109 Posts
 Posted 03/27/2014  3:49 pm  Show Profile   Bookmark this reply Add Southern92 to your friends list Get a Link to this Reply
Ok, I (mostly) get it now. I should have just read the commemorative section of the Mint's web site.


Commemorative Coins


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Commemorative coin programs are created by acts of Congress to honor a person, place or event. Surcharges from the sales of these coins help fund a variety of organizations and projects that benefit the public. Commemorative coins are only available from the United States Mint for a limited time, as specified by public law.

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