why does the US Mint now issue $1 sized commemorative coins instead of the historical 50 cent size that we saw from the late 1890s forward? Do the groups being commemorated get a piece of the sale price? If so, how much?
Here are some links that will show you where the surcharges from some of the coins go and how much they made off of them. My guess on why they issue 1 dollar coins is there is a demand for it. Happy reading.
they usually make 50¢,$1 and sometimes even $5 gold commemorative coins now and yes the things they are commemorating usually gets a percentage of the profits made from the coins sales
Ok, here's the deal. I am in charge of the educational program in my coin club. I am exploring this as a possible educational topic. I noticed that the main commemorative for the first 80 years was the half dollar. I also noticed that the main modern commemorative, other than circulating coins like the State Quarters series, are $1.
I am not sure why, but I suppose it may be the additional appeal of and the respect for the silver dollar as a denomination (mostly because of the Morgan dollar popularity) to the majority of collectors. In other words, they sell better.
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