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madfranks
14th March 2012, 11:26 AM
It's too bad that our circulating coinage is no longer like this. The US Mint is releasing a 2012 silver dollar, made to the original specs of the old silver dollars (Morgan, Peace, etc), with Miss Liberty on the front and the flag on the back. It's a beautiful coin, no doubt. I may order one just as a memorial to what a dollar in 2012 is supposed to be.

2012 Star-Spangled Banner Uncirculated Silver Dollar (http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=16602&langId=-1&parent_category_rn=47506)
2440

ximmy
14th March 2012, 11:34 AM
I was looking at that... can't find how much silver is in it... 90%

ximmy
14th March 2012, 11:37 AM
I was looking at that... can't find how much silver is in it... 90%

also shouldn't that be an image of Obmama instead of Miss Liberty?

madfranks
14th March 2012, 11:58 AM
I was looking at that... can't find how much silver is in it... 90%

The commemorative silver dollars have as much silver as the old circulating silver dollars, it's .900 silver alloyed with copper and has just over 24 grams of pure silver in it (roughly .77 troy ounce).

madfranks
14th March 2012, 12:00 PM
also shouldn't that be an image of Obmama instead of Miss Liberty?

That is exactly what is nice about this coin. For once we don't have to look at some politician's face on it. That's why all the original US coins up till the 20th century had depictions of Liberty on the coin, because the thinking was that we were free men, not subjects of some human master. Ahh, the good ole days.

MNeagle
14th March 2012, 12:08 PM
But what's that in the background? The Pentagon?

madfranks
14th March 2012, 12:15 PM
But what's that in the background? The Pentagon?

It does kind of look like it, doesn't it. From the mint:


The obverse (heads side) design of the 2012 Star-Spangled Banner Commemorative Silver Dollar is emblematic of the theme "The Battle of Baltimore at Fort McHenry." It depicts Lady Liberty waving the 15-star, 15-stripe Star-Spangled Banner flag with Fort McHenry in the background. Inscriptions are LIBERTY, IN GOD WE TRUST and 2012.

The reverse (tails side) design is emblematic of the theme "The Star-Spangled Banner" (the flag). It depicts a waving modern American flag. Inscriptions are ONE DOLLAR, E PLURIBUS UNUM and UNITED STATES OF AMERICA.

Awoke
15th March 2012, 10:23 AM
E pulribus unum: Out of many, one.
They always tell you their plans in advance. That has been the unofficial "motto" for the USA since the late 1700's...

Out of many sovereign republic states, one continental dictatorship.

EDIT to add:

Regarding lady liberty:



The maker of the statue was Freemason Frederic-Auguste Bartholdi. He had already made a statue of the Freemason Marquis de Lafayette for the city of New York, for the occasion of the centenary of the signing of the Declaration of Independence.

Bartholdi sailed to America, at the suggestion of other Freemasons and kindred spirits in France, for the purpose of proposing the project. Although he had no drawings as he set sail, his Masonic biographer writes, as he entered New York harbor, “he caught a vision of a magnificent goddess (Nimrod’s Semiramis — Isis or Astarte), holding aloft a torch (of Illuminism) in one hand and welcoming all visitors to the land of freedom and opportunity” (signifying Brotherhood control of the American people by the “liberties” perpetrated against them).

mamboni
15th March 2012, 10:43 AM
It's too bad that our circulating coinage is no longer like this. The US Mint is releasing a 2012 silver dollar, made to the original specs of the old silver dollars (Morgan, Peace, etc), with Miss Liberty on the front and the flag on the back. It's a beautiful coin, no doubt. I may order one just as a memorial to what a dollar in 2012 is supposed to be.

2012 Star-Spangled Banner Uncirculated Silver Dollar (http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=16602&langId=-1&parent_category_rn=47506)
2440

$44.95?!?!?!?!? That's $55 per ounce silver (maybe the Mint knows something we don't?).

That's rather rich seniorage for the US MINT. As an investment it sucks. As a collectable it's OK - maybe. They'll probably make too many of them.

ximmy
15th March 2012, 10:48 AM
$44.95?!?!?!?!? That's $55 per ounce silver (maybe the Mint knows something we don't?).

That's rather rich seniorage for the US MINT. As an investment it sucks. As a collectable it's OK - maybe. They'll probably make too many of them.

Chances are they will sell for more on the open market, never to decrease in value, only to rise... I'm still seriously considering buying some... Just for the Halibut :p

osoab
15th March 2012, 12:49 PM
Chances are they will sell for more on the open market, never to decrease in value, only to rise... I'm still seriously considering buying some... Just for the Halibut :p


I'd skip the round and get the Halibut.