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 Replies: 10 / Views: 2,623 |
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Pillar of the Community
United States
1314 Posts |
How long does it take to put a coin into production? I'm wondering if the Kennedy half was started prior to his death? Well, look how long the Peace dollar took. Just curious. |
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Pillar of the Community
3772 Posts |
Cannot answer your question for modern issues like that. But in antiquity, dies with new designs were produced within days of the ruler changing.
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Pillar of the Community
 United States
4591 Posts |
Go read up on the coin. The idea of a commemorative half was new, but the obverse and reverse were somewhat existing... the obverse was from the inaugural medal.
-----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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Bedrock of the Community
United States
20753 Posts |
I too sometimes wonder if a president tells the Mint to make a coin with their face on it and wait for them to sort of pass away. And what about things like the Buffalo on the Nickels. Did they wait for him to die before they made that coin? As to how long it takes to make a coin. That too would depend on in what country and time. I suspect China can make our coins faster than we can.   |
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Pillar of the Community
United States
506 Posts |
I have read up about the Kennedy coin. He was assassinated in November of 1963. Some people in congress proposed that they commemorate his service to our country on a coin, the half dollar. This was done almost immediately after his death. The problem is, legislation requires that a coin design (for this, the Franklin half) be in use for at least a certain number of years. They got passed this somehow. All coins are authorized by congress, like a bill, so it has to go through both houses and pass the votes. Then, the mint is authorized to mint the coins and distribute them. They couldn't get this process done fast enough so the earliest they could start minting the Kennedy half dollars was 1964. So the short answer is, the idea to put Kennedy on a coin was after he was assassinated. The reason they got it done relatively fast (I guess the Peace dollar took a long time) was because of how much people loved Kennedy and they wanted to honor him as soon as possible. |
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Pillar of the Community
 United States
1314 Posts |
Thanks all. I know a bit about Morgans, but after that, I'm out of my element. Quote:
Go read up on the coin. Suggested sources are appreciated. |
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Moderator
 Australia
16826 Posts |
You can start with the History page right here on CCF. It's clear that the Kennedy half was designed at a much faster rate than coin designs are normally subjected to. They wished to get the new coins out in 1964, and have all the 1964 coins of the new type rather than have a year with some halves were Franklins, some Kennedys. Worldwide, circulating coin designs can take several years, from first design concepts to issue date. Most of the time is usually taken up with the competitive process, with different artists submitting designs, which are debated in committee. If sizes and compositions are also new, then industry consultation also has to take place. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Bedrock of the Community
United States
17884 Posts |
It really depends on how desperate they are to get the coin done. Kennedy was a rush job and they modified existing designs to get the job done. The Peace dollar was an even bigger rush job. (while there had been discussion about a coin to mark the end of WWII nothing was even done about it until the final peace treaty with Germany was signed. Ad they wanted the new coin to be issued in the same year that the war officially ended. The Treaty was not signed until Nov 14th 1921. Requests for designs wet out Nov 28th and they had to be submitted by Dec 12th. The designs were approved and hubs made. Then around Dec 20th they had to modify the design and they made the changes by hand to the master hub. Dies were made and the coin went into production Dec 28th. Thirty days after designs were requested. Typically the process is much longer, usually about one to two years from the request for designs to the production of the coin. |
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Moderator
United States
188317 Posts |
The 50th Anniversary Silver Kennedy half dollar set includes and insert with the history behind the coin, but the CCF link Sap provided is a less expensive read.  |
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Pillar of the Community
United States
4591 Posts |
-----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
1314 Posts |
Great big thanks to everyone. BStrauss3, excellent leads. This site has so much information, that I was not aware of the history section. I'll bet there are are other resources of which I haven't taken advantage. When I don't know something, I know where to ask. You guys are real pros.
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Replies: 10 / Views: 2,623 |
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Posted 02/07/2015 10:05 am
