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Valued Member
usc96's Avatar
United States
291 Posts
 Posted 05/18/2011  1:35 pm Show Profile   Bookmark this topic Add usc96 to your friends list Get a Link to this Message Number of Subscribers
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?

Thanks.
Pillar of the Community
United States
891 Posts
 Posted 05/18/2011  9:21 pm  Show Profile   Bookmark this reply Add Southern Yankee to your friends list Get a Link to this Reply
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.

http://www.usmint.gov/foia/index.cfm?action=ccra
http://www.ccac.gov/legislation/
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 05/19/2011  5:54 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
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
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usc96's Avatar
United States
291 Posts
 Posted 05/19/2011  10:30 pm  Show Profile   Bookmark this reply Add usc96 to your friends list Get a Link to this Reply
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.

My question is why?
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jbuck's Avatar
United States
188052 Posts
 Posted 05/20/2011  10:13 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
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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