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 Replies: 12 / Views: 1,123 |
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Pillar of the Community
United States
4867 Posts |
Mint halts production after legislation flaw detected The Philadelphia and Denver Mints struck circulation-quality 2008-P and 2008-D Sacagawea dollars for at least two months before U.S. Mint officials alerted Congress of a technical flaw in the Native American $1 Coin Act that prohibited the coin's production. http://www.coinworld.com/news/cwhl.asp?uID=&hlID=5 |
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Bedrock of the Community
United States
17884 Posts |
Can't read the article, but those two months were probably Nov and December of 2007 before the act was even signed. The act wasn't signed until late December and the "flaw" was discovered and publicised back in January. And the Two months of production was probably very small because they were only planning to produce them to sell to collectors, not to circulated. And finally striking the coins isn't that big a deal. Issuing them would be.
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Bedrock of the Community
United States
14454 Posts |
lets see how many makes their way out of Denver mint now. If PCGS puts a price on its head you can bet it will show up from the Denver Mint
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Valued Member
United States
255 Posts |
Yeah, should igve the FBI something to do hunting that down.
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Pillar of the Community
United States
6326 Posts |
I thought the "tiff" with the Legislation had since been worked out weeks ago and that we ARE going to get the 2008 Sacajewea coin....no problem now ! I thought this was already worked out and "corrected"..? Would it then be "illegal" for them to "distribute" these that they minted "before" it was worked out ?.......shouldn't be ! So, they should have "destroyed" any made instead of just "halting" production and then "resuming" production again ?  Edited by eaglefoot
03/26/2008 09:54 am
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Valued Member
United States
473 Posts |
I'm as confused as you Eaglefoot....I was all excited that I was going to be able to 2008 to my books. I would be pretty annoyed if the books went from 2007 straight to 2009--stuff like that drives me nuts!
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Bedrock of the Community
United States
12437 Posts |
quote:
I thought the "tiff" with the Legislation had since been worked out weeks ago and that we ARE going to get the 2008 Sacajewea coin....no problem now !
You are absolutely correct Eaglefoot, on Feb 29 President Bush signed H.R. 5478 which fixed the issue of the 2008 Sackies- they are legal again  The part that I find fascinating about this is the fact that the bill was introduced in the House on Monday the 25th and it made its way to the President's desk by Friday the 29th. |
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Valued Member
United States
342 Posts |
The mint origionally had the 2008 Sackies set to go on sale Jan 17th along with the Kennedy half dollars. Just a day or two before they "discovered" the problem and pulled the sale. At the time I speculated in another thread that some dollar coins had already been minted. The Feb 29 law makes the coins legal so there will be no rarities due to this situation. |
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Pillar of the Community
United States
1934 Posts |
So, what's the flaw and did any make it into circulation?
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Valued Member
United States
342 Posts |
So, what's the flaw and did any make it into circulation?
There is no flaw and the coins will be sold in rolls and bags thru the mint in the near future.
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Pillar of the Community
United States
6326 Posts |
HOWEVER............. The Home Shopping Network will get their hands on those "First Strike Illegal Sacajewea" coins.....the first ones minted in dark/secret rooms and not ever to be released to ANYONE EXCEPT THEM ! ....and only recently made "legal" for sale with recent Legistlation designed for these coins in a deal between the Government and HSN company....And these will be on sale later this year for "low" unheard of sale price of just a mere $35.00 per coin unbelievable bargain !  ..... .......  ........ ....... I can just see it now.....be sure to get em in time for Christmas...this deal will NEVER be offered again !......Watch and see if I'm not correct !....Isn't this just like something they'd try to do ?.......huummmmmm?  Edited by eaglefoot
03/26/2008 12:07 pm
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Pillar of the Community
United States
581 Posts |
I absolutely agree 100% with Eaglefoot and the HSN thing. They WILL find a way to sell them with that spin. They WILL, WILL, WILL.
It's sickening.
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Valued Member
United States
473 Posts |
^^ I passed out on the couch last night and awoke to a infomercial of those con artists trying to sell Presidential dollars...."Have you ever even seen these in circulation?" "no, jim, they are so rare and so coveted they don't even make it into circulation!" lol nice guys these HSN people are huh? |
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Replies: 12 / Views: 1,123 |
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Posted 03/26/2008 09:26 am
