Posted 09/14/2014 10:01 am
@Augiedog: Congrats on your latest pickup!
Actually, the coins of the classic series were not struck for circulation. They were struck for collectors and sold at a premium. It was only when some of the sponsors could not sell all of the coins they ordered from the Mint that some were placed into circulation to cover their expenses.
The Columbian and Stone Mountain half dollars were among those that had large numbers of coins released into circulation after sales failed to meet expectations.
Quote:
I do find it interesting that Classic commems were minted for circulating and were used, yet Modern commens are not.
I do find it interesting that Classic commems were minted for circulating and were used, yet Modern commens are not.
Actually, the coins of the classic series were not struck for circulation. They were struck for collectors and sold at a premium. It was only when some of the sponsors could not sell all of the coins they ordered from the Mint that some were placed into circulation to cover their expenses.
The Columbian and Stone Mountain half dollars were among those that had large numbers of coins released into circulation after sales failed to meet expectations.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
09/14/2014 10:02 am
09/14/2014 10:02 am
