Rabone Posted July 2, 2005 Report Share Posted July 2, 2005 The U.S. Mint is about to start taking order for the Marine Corps Commem. Will it be the first modern commem to actually sell out by selling all 600,000 authorized strikes? Second, if you said yes that it would sell out, do you plan on purchasing any of the 4 different types of issues on this commem? The Proof, the Uncirculated, the Uncirculated Coin/Stamp combination, and finally the American Legacy Collection which contains Proof versions of the Marine Corps commem, the Chief Justice John Marshall commem, and all 10 circulating coins. Quote Link to comment Share on other sites More sharing options...
Rabone Posted July 2, 2005 Author Report Share Posted July 2, 2005 I plan on buying this coin in several of the sets it is being offered in. I believe this does have the potential of being the first to actually sell all 600,000 authorized strikes. Quote Link to comment Share on other sites More sharing options...
Tiffibunny Posted July 2, 2005 Report Share Posted July 2, 2005 Yes I'm pretty sure it will. And yes I plan on buying the Unc/Proof. Quote Link to comment Share on other sites More sharing options...
Art Posted July 2, 2005 Report Share Posted July 2, 2005 I think that it will sell out in all forms. I'm not planning to buy one. Quote Link to comment Share on other sites More sharing options...
JDen1952 Posted July 2, 2005 Report Share Posted July 2, 2005 The U.S. Mint is about to start taking order for the Marine Corps Commem. Will it be the first modern commem to actually sell out by selling all 600,000 authorized strikes? Second, if you said yes that it would sell out, do you plan on purchasing any of the 4 different types of issues on this commem? The Proof, the Uncirculated, the Uncirculated Coin/Stamp combination, and finally the American Legacy Collection which contains Proof versions of the Marine Corps commem, the Chief Justice John Marshall commem, and all 10 circulating coins. I don't understand the question. If you're referring to selling out the 600,000 authorized strikes, yes, they will. Marines are extremely loyal to the Corps. But is the question is about sell-out in general? In June 2001, the Buffalo DOllar sold out in a couple of weeks (days?). Regardless, I don't have any intention of purchasing any of these. Jerry Quote Link to comment Share on other sites More sharing options...
Rabone Posted July 2, 2005 Author Report Share Posted July 2, 2005 I don't understand the question. If you're referring to selling out the 600,000 authorized strikes, yes, they will. Marines are extremely loyal to the Corps. But is the question is about sell-out in general? In June 2001, the Buffalo DOllar sold out in a couple of weeks (days?). Regardless, I don't have any intention of purchasing any of these. Jerry JDen- According to what I have read, from current articles to statistical books, while each group who had a commemorative coin made in their honor thought their commemorative would sell all the authorized strikes, in actuality they did not. Many moderns went back to the melting rooms. Modern commemoratives have been restricted to 500,000 strikes, but Treasury Secretary is allowed to increase the total number, which John Snow did for the U.S. Marine Commem. He increased the total number from 500,000 to 600,000. Quote Link to comment Share on other sites More sharing options...
Guest 50cents Posted July 2, 2005 Report Share Posted July 2, 2005 I voted sellout but I will not be buying one because I don't care much for modems commemoratives...... Quote Link to comment Share on other sites More sharing options...
joanjet Posted July 2, 2005 Report Share Posted July 2, 2005 I think it will be a fast sell out. I will be buying all of the different types/sets. I love the commems! Quote Link to comment Share on other sites More sharing options...
crystalk64 Posted July 2, 2005 Report Share Posted July 2, 2005 In my opinion no modern commemorative WILL EVER do what the 2001 buffalo dollar did. I believe it only took 17 days to sell out. While I do believe this coin has the potential, especially if the Marines get involved, retired and active but most non-collectors don't have a clue, at this time, the coin is even going to be struck. I have a couple of co-workers who were Marines and they didn't know a thing until I told them. Yes, I will probably buy a couple of these coins! Quote Link to comment Share on other sites More sharing options...
Rabone Posted September 2, 2005 Author Report Share Posted September 2, 2005 Well, to resurrect an old thread... I read in the September 12, 2005 edition of Coin World on page 2 that the US Marine Corp commem is about to be a sell out. In fact they had to reduce the number of American Legacy Collection sets from 100,000 to 50,000 just to have enough individual coins to meet demands. Looks like a bunch of Marines were informed about its release, and Semper Fi continues. Quote Link to comment Share on other sites More sharing options...
Tiffibunny Posted September 2, 2005 Report Share Posted September 2, 2005 Cool, I'm still waiting on that Unc.... Quote Link to comment Share on other sites More sharing options...
Guest Stujoe Posted September 2, 2005 Report Share Posted September 2, 2005 I am still waiting too. Quote Link to comment Share on other sites More sharing options...
Sir Sisu Posted September 2, 2005 Report Share Posted September 2, 2005 Me too. Quote Link to comment Share on other sites More sharing options...
Burks Posted September 3, 2005 Report Share Posted September 3, 2005 I'll pick up one but haven't decided on the proof or uncirculated yet. Quote Link to comment Share on other sites More sharing options...
jtryka Posted September 3, 2005 Report Share Posted September 3, 2005 I think this will probably sell out, but of course it won't be the first modern commem to sell out, that honor goes to the 1986 Statue of Liberty half eagle. Of course the 2001 Buffalo dollars were a sellout, and that happened in a matter of days after they came out! Last I checked my unc. Marine Corps dollar was scheduled to ship in October! Quote Link to comment Share on other sites More sharing options...
jtryka Posted September 3, 2005 Report Share Posted September 3, 2005 Modern commemoratives have been restricted to 500,000 strikes, but Treasury Secretary is allowed to increase the total number, which John Snow did for the U.S. Marine Commem. He increased the total number from 500,000 to 600,000. This rule has really only been in effect since 1993 or 1994 after some of the commem programs got little out of control. Before 1994, there were quite a few coins with mintages over 500,000, including the Bill of Rights, Mount Rushmore, and then you get to the big boys, like the 1990 Ike with 1.1 million proofs, the 88 Olympic with 1.4 million proofs, the 87 Constitution with 2.7 million proofs, and the grandaddy of them all, the 86 Statue of Liberty with 6.4 million proofs! The $5 SOL sold out with a combined production of 500,000 and for a year or two after the sellout, that coin was selling for $500! Now you have things like the 2002 SLC Olympic $5 with a mintage of 5,727 and it's not worth much more than melt! Granted, it is an ugly coin, but come on! Quote Link to comment Share on other sites More sharing options...
jlueke Posted September 3, 2005 Report Share Posted September 3, 2005 The U.S. Mint is about to start taking order for the Marine Corps Commem. Will it be the first modern commem to actually sell out by selling all 600,000 authorized strikes? Second, if you said yes that it would sell out, do you plan on purchasing any of the 4 different types of issues on this commem? The Proof, the Uncirculated, the Uncirculated Coin/Stamp combination, and finally the American Legacy Collection which contains Proof versions of the Marine Corps commem, the Chief Justice John Marshall commem, and all 10 circulating coins. Haven't other coins sold old, like the Buffalo $1 people mention? I don't know about this one, personally I don't think the 235th anniversary of anything should get a coin. At least stick to normal round anniversaries. 1905 had plenty of events worth commemorating. Quote Link to comment Share on other sites More sharing options...
Sir Sisu Posted November 26, 2005 Report Share Posted November 26, 2005 I am still waiting too. Me too. Not anymore. Whew! It took so long, I thought it might not make the journey. Quote Link to comment Share on other sites More sharing options...
Rabone Posted November 27, 2005 Author Report Share Posted November 27, 2005 Not anymore. Whew! It took so long, I thought it might not make the journey. There have been many reports by individuals stating that their Marine commem was an excellent strike, great luster, etc. What do you think of the one you received? Quote Link to comment Share on other sites More sharing options...
tommyd Posted November 27, 2005 Report Share Posted November 27, 2005 I found that both Unc. & Proof were well struck -- it's a nice looking coin. Quote Link to comment Share on other sites More sharing options...
Sir Sisu Posted November 27, 2005 Report Share Posted November 27, 2005 There have been many reports by individuals stating that their Marine commem was an excellent strike, great luster, etc. What do you think of the one you received? It would feel strange to call it luster because of the strong matte surface, but yes it does have a nice appearance. Mine unfortunatley has a single small (0.5-1mm) spot on the obverse where the surface is more smooth and "shiney". So I am guessing it is wera or a defect on the die surface. As I only have one I cannot compare the sharpness of my strike to another. Besides the one blemish, I think it is a very nice coin. Quote Link to comment Share on other sites More sharing options...
Doogy Posted January 12, 2006 Report Share Posted January 12, 2006 As a coin collecting newbie and Marine Corps veteran, I'm really wanting one of these coins! Any idea where i can find one for a good price, from a reputable dealer (online or otherwise)? thanks for any help, and Semper Fi ! Doug Quote Link to comment Share on other sites More sharing options...
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