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Modern Commmoratives

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vergasond's Avatar
United States
22 Posts
 Posted 07/07/2017  1:02 pm Show Profile   Bookmark this topic Add vergasond to your friends list Get a Link to this Message Number of Subscribers
What are everyone's thoughts on collecting modern commemoratives and what is everyone's view of the new 2017 225th Liberty coin? Like it or hate it, I have mixed view of the coin even though I bought two one for my Dansco and one to keep in box.
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nfine's Avatar
United States
3468 Posts
 Posted 07/07/2017  1:19 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
I really like the 225th Liberty coin medal in spite of the many initials in the fields on both sides of the coin medal.
Edited by nfine
07/07/2017 1:20 pm
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moxking's Avatar
United States
17900 Posts
 Posted 07/07/2017  1:44 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I've loved the classic silver commemorative series for those produced prior to 1955. My first "bought" coin was a BTW.

I've thought of extending my CSC collection to include the new stuff (new by my standards, anyway), but have a really hard time justifying the price of many of them. Like most collectors, if I'm going to collect it I either want a complete set, or an understandable goal for less of a set. When I see both the number of different issues and the mintage's it's really hard for me to justify buying them.

For the price of many of the less common new issues I can buy a much lower mintage CSC that had some minor circulation and I can still get many of those older issues for less than a comparable grade and mintage new issue.

I like to keep my options open, and once I complete my two present goals (finish my MS65-67 1934-1947 Walker set, and complete my type set, to within reason), then I might look at the "new" commemorative issues once again.

Although I think when that time comes, I'll probably journey back to working on my ancient collection.

Only so much money and so many coins. I like to put my time and money somewhere that I can learn and enjoy what I'm collecting. So many of the new commemorative don't do a thing for me.
Bedrock of the Community
United States
10284 Posts
 Posted 07/07/2017  1:45 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
This year was my year of the commemoratives. I have bought a dozen or more just this year. There are two factors I consider.
First is the artwork. There, anyone may like one over another as no two people like the same coins.
I found the Mark Twain and The US Marshals coins to be interesting so they were a couple of my first choices of late.
These two coins get off the beaten path of US Patriotic or Governmental themes almost to a point where I suspect the US Mint is looking for stuff to sell.
OK, so these caught my eye anyway, where a Thomas Edison or March of Dimes, Lions Club do not.
I could see if you were into those organizations they might interest someone and those last two are pretty.
If you were a boy scout or girl scout or loved baseball ( and weird shaped HOF coins - although an interesting design ) there are coins for you there. So I say, if you like the artwork or theme for some reason, you will probably like the coin.

My other almost equally important factor is the mintages. I try to stay under the 100,000 minted figures.
The 40,000 and under at low prices are maybe underpriced unless they are plain ugly.

Sometimes the BU version is almost the same price as the proof but at 1/4 the mintage.
No brainer for me, I take the lower mintage issue. Often times the BU is even better looking than the proof.
I think one of the first ones I bought was the Dolley Madison in BU. It looked so much better than the proofs and was of lower mintage too.
I stay away from the earliest ones. Some are super high mintages. They'll always be around if you decide to make a set of every commemorative.
There are still some sleepers out there. They just don't grab me artistically or by theme.

So if you like them, my advice is buy what you like, the ones you find most artistic and consider the low mintages of the BU issues.
Here's a link to what I have bought and most in the past year.
http://www.coincommunity.org/galler...hp?album=952

I do like the Silver (1892-1954) commemoratives too but only have a few on my want list that I could possibly afford. Maybe a Lincoln, Grant, Arkansas, or Pilgrim with the date are in the cards for me.
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vergasond's Avatar
United States
22 Posts
 Posted 07/07/2017  1:56 pm  Show Profile   Bookmark this reply Add vergasond to your friends list Get a Link to this Reply
Thanks to all for the great input, I do like the looks of the coins and try to buy two whenever there are new issues from the mint to keep up. I am also looking at the older commemoratives and have to agree I look at what I like first then look at mintages then grades. I always try and pick a good looking coin I like and can afford at MS64 or higher.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 07/07/2017  2:26 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Liberty medal sold 47 last week so it's safe to say the interest is waning...decent coin but I still say WAAAY overdone packaging that inflated the price

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Alpha2814's Avatar
United States
2023 Posts
 Posted 07/07/2017  3:36 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
The modern commemoratives are a real mixed bag to me. Some of them are quite appealing, but there are some real dogs (I'm looking at you, 2014 Civil Rights Act) and way too many Olympic designs early in the series. I keep bouncing back and forth on the concept building a CAPS album of proofs, but I'm content with the slabs I've collected so far, mostly military and architecture.

As for the Liberty medal, I love it. I still want the gold version but I went way over budget last month. I might have to settle for silver, but at least there will be several finishes to choose from.
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12257 Posts
 Posted 07/07/2017  4:17 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
These two coins get off the beaten path of US Patriotic or Governmental themes almost to a point where I suspect the US Mint is looking for stuff to sell.

Just to clarify, the Mint does not pick the commemorative coins it strikes and sells. Each coin is proposed by a Senator or Representative on behalf of one of their constituents (typically an organization of some kind). The bill then must be authorized by a majority vote in the House and Senate and then signed into law by the President. At that point, the Mint simply follows the specifications outlined in the coin's legislation and produces the coin(s) in question.



Quote:
What are everyone's thoughts on collecting modern commemoratives.

My thoughts vary depending on your goals as a collector.

If you are considering their collection as an investment vehicle that will produce strong financial returns, I would steer you away and suggest you invest in bullion or high-grade semi-key/key coins in classic circulation series.

If you are considering collecting them because you enjoy US history and learning the story that inspired each coin, I would offer that the modern series is a wonderful way to assemble a varied and interesting collection of US history-themed coins at an affordable price. While the design of every coin is not a "home run," as a set they make for a very attractive collection. Many can be purchased for a small premium over their precious metal content and often for less than their issue price (assuming we're not talking about graded MS-70 or PF-70 coins).

I am a long-time collector of US commemorative coins - the classic series as well as the modern. I enjoy adding each year's new issues to my collection. (I buy the uncirculated versions - I prefer their appearance and long-term surface stability. I've seen many proof coins turn cloudy and develop milky surfaces over time and do not enjoy the look - the UNC coins do not suffer from this issue.) Once I purchase them, I stop being concerned about their market value. The value of my "joy of ownership" far surpasses the few dollars "lost" when a coin I bought for $55 drops in value to $40 or $45. I'm sure I "lose" more than that each month via unnecessary impulse purchases at the food store!


Quote:
...what is everyone's view of the new 2017 225th Liberty coin

I think the US Mint did a great job with the medal. I purchased two and am very happy with the technical quality of each - they each look terrific! I am looking forward to the other medals in the Liberty series that will be released in the coming years.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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jbuck's Avatar
United States
187702 Posts
 Posted 07/07/2017  4:21 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I really like the 225th Liberty coin medal in spite of the many initials in the fields on both sides of the coin medal.
I like it as well. The initials bother me less and less, but still prefer they had been a bit more obscure.
Valued Member
United States
83 Posts
 Posted 07/08/2017  02:59 am  Show Profile   Bookmark this reply Add ShinyCat to your friends list Get a Link to this Reply
Between gifts to and from me, three of the 255 anniversary medals have passed through my hands, and all three looked great.
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 07/08/2017  06:53 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I love them ......

Once you get a few of them ... it is hard to stop getting more.
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muddler's Avatar
United States
7187 Posts
 Posted 07/08/2017  07:26 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I like the comemotative coins, classic and modern. Each set is a significant endeavor but much more rewarding than a date set of coins with the same look except for a date or mint mark.
Bedrock of the Community
United States
10284 Posts
 Posted 07/08/2017  08:55 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply

Quote:
Just to clarify, the Mint does not pick the commemorative coins it strikes and sells. Each coin is proposed by a Senator or Representative on behalf of one of their constituents (typically an organization of some kind). The bill then must be authorized by a majority vote in the House and Senate and then signed into law by the President. At that point, the Mint simply follows the specifications outlined in the coin's legislation and produces the coin(s) in question.


Thank you, I did not know that. Makes a little more sense why some of these get minted.
Isn't wonderful how well they all get along in this area.

I want one for the US Navy. Think I'll write my Congressman.
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