28 Sep 2020

US Mint CGM Replica Prices Quadruple

Medals | Mr_Norris_LKNS

I enjoy history, particularly WW2 history. I am not a frequent shopper of United States Mint products... not that I find anything wrong with them, but I've never been a mint set subscriber or anything. I'd more likely buy a numismatic item I wanted at a coin shop or coin show. But I have seen some of the Mint's commemorative medals, and some of them I like; especially some of the WW2 related ones, and a few Presidential ones. When I read the news from Coin World Magazine that there was a tremendous price hike in the works, I thought I'd better investigate.The United States Mint creates the Congressional Gold Medals as they become authorized by Congress. Typically these recognize an individual or a group, and the reason or occasion for Congress awarding them the medal. Medals have been awarded to military personnel (not to be confused with the Medal of Honor and other medals for valor), pioneers in medicine, science, aviation and space exploration, humanitarians, even entertainers and athletes. US citizenship is not a requirement for recipients, you just have to be appreciated for some notable reason by the US Congress. The Congressional Gold Medal has about the same level of prestige as the Presidential Medal of Freedom; however, far fewer CGM's have been awarded in spite of having been authorized for much longer. The PMF has been awarded to over 500 recipients since its inception in 1963 during President Kennedy's term (with 102 awarded by President Reagan and 123 by President Obama). By comparison, the CGM has only been awarded 163 times (as of April 2019) even though it has been around nearly 200 years longer, since the Second Continental Congress authorized it and first awarded it in 1776 to then-General George Washington! It must take a great deal more cooperation to get two-thirds of Congress and their respective committees to agree on granting such an award, than for the President to decide you deserve recognition. The CGM is not the kind of medal you wear around your neck or pinned to your jacket; it's more of a trophy type medal that you would display on your desk or in a prominent display case.I can't confirm it but I've heard that the Mint uses the sales of CGM replicas made in silver and bronze to fund the production of gold medals. That is what you are getting when you buy the 1-5/16" or 3" bronze or silver medals from the US Mint. Congress does occasionally authorize actual Congressional Silver Medals and Congressional Bronze Medals to be awarded to individuals or groups. Congressional Silver and Bronze Medals are rare, and are not the same thing as the replica CGMs made in silver or bronze that you can buy from the Mint. Typically the Congressional Silver and Bronze Medals are awarded as part of an award of a Congressional Gold Medal, whereas the main person leading a group effort might get the gold, his chief assistants or officers would get the silver, and the rest of the crew would get the bronze. This recognizes everyone's participation in the event commemorated at different levels of responsibility, activity, etc.; not to mention awarding gold medals to every individual in a large crew would be very expensive. Everyone who receives a silver or bronze Congressional Medal still played a part in Congress's recognition that the event deserved commemorating by awarding the CGM., and their silver or bronze medal is proof of that.As of this writing, 1-5/16" bronze CGM replicas are being sold for $6.95 plus shipping, and 3" replicas are being sold for $39.95 plus shipping. $40+ for a bronze replica isn't hateful if you really like the topic, and $7+ for a smaller replica would make collecting them an affordable hobby. Of the two, of course, the larger one is what I'd want. I was hesitant to order, though, at that price, simply because it wasn't as high a priority as some other things. Then Coin World Magazine announced in a Facebook post that the price of the 3" medals was going up.A lot.Afte r January 1, 2021, the price of the 3" CGM replicas in bronze are supposedly going from $39.95 to $160.What?! Whoa!!Supposedly the Mint loses money on these things; and that's driving the price increase. So now I wonder, how much have they been losing, and for how long?? because that's a pretty steep price hike.So I finally jumped and ordered my favorite WW2 design, just in case the price hike story is really true (and if Coin World reports it, I have no reason to doubt them).My favorite of the ones they have available is the Doolittle Raiders CGM replica. First reason is, it's WW2 history and I am fascinated with the story. Second reason, I live within driving distance of the original Wright Field (now Wright Patterson AFB) where Jimmy Doolittle spent some time before his famous raid (you can see photos of him with a Wright Field patch on his flight jacket); Dayton was also the hometown of his co-pilot, Dick Cole. Thirdly, my son and I have actually attended Doolittle Raider events at the National Museum of the US Air Force there, with Mr. Cole present. If you haven't seen a flight of 17-odd B-25's flying in formation and heard the collective rumble of their twin radial engines in flight, you've missed out.So the Doolittle Raider CGM replica is a natural selection for me, and someday my son will probably have it. If for some reason he doesn't want it, the price jacking happening this January will make $40 look like a bargain, and there shouldn't be any trouble selling it. Unless, of course, the price hike has the unintentional consequence of killing the CGM replica sales program and none sell for $160. I guess then, if Congress wants to issue a gold medal, we'll just pay for it in our taxes instead of by adding to our collections.Maybe I can convince somebody to buy me my favorite Presidential 3" medals before Christmas. :-)

25 Sep 2020

Coin Thoughts #101 by "SUN"

Medals | "SUN"


10 Sep 2020

Mystery Medal for Japan?

Medals | user_88723

This one is a repost that I got permission to do from another collector he was left this when one of his relatives died. We dont know what to make of it the only verifiable item is inscription "National Convention for the 30th Anniversary of the implementation of the Rehabilitation Protection System" when translated to english. I'm listing it as a medal rather than a token since the item is large. If anyone encounters this post and has a faint idea what it is I would appreciate to send me message.

06 Sep 2020

PEDRO E INES Bronze Medal

Medals | World_Coin_Nut

Here is another recent addition to my world medal collection. It is absolutely huge. I have been trying to show that historical medals can be purchased on a budget.Pedro (Peter) and Ines are historical figures from Portugal. In 2018 there was a Portuguese film released by the same name as the medal. This medal is by Cabral Antunes who is considered one of the best and most prolific modern Portuguese medallists. His work is typically historic in nature and I have found that most of them are appealing.BRONZE MEDAL BY CABRAL ANTUNES 1916-1986Diameter: 100mmWeight: 417.6gThere is a tale of forbidden love between Infante Peter and Inês de Castro, lady-in-waiting to his wife Constance. Although he was married, the Infante would have secret romantic meetings with Inês in the gardens of Quinta das Lágrimas. When Constance died in 1345, Peter and Inês lived as a married couple, a decision which angered King Afonso IV, his father, who was strongly opposed the relationship. The court and the people also disapproved of it.Peter and Inês lived at Santa Clara Palace, in Coimbra, with their three children for many years. However, King Afonso IV, who was constantly under pressure because of the growing disapproval of the union within the court, decided to order the murder of Inês de Castro in January 1355. Deranged by pain, Peter led an uprising against the King and would never forgive his father for murdering his lover. When he finally took the crown in 1357, Peter ordered the arrest and execution of Inês’ murderers by ripping their hearts out. This action earned him the title of “the Cruel”.Later, after swearing that he had secretly married Inês de Castro, King Peter demanded that she be recognized as Queen of Portugal. In April 1360, he ordered the body of Inês to be moved from Coimbra to the Royal Monastery of Alcobaça, where two magnificent tombs were built so that he could rest next to his eternal lover forever. Thus, the most overwhelming Portuguese love story would be immortalized in stone.Sources:centerofportugal.comportuguese-american-journal.com

03 Sep 2020

Art Nouveau Artist: Felix Rasumny

Medals | Mokie

For most of my collecting life I had a certain level of silly disdain for medals. I thought they were "nice" but not what a real collector would want in their collection. I know, I know, it is simply wrong, and I have come around completely on the issue. IMHO, Medals are generally more attractive than coins because they do not have to adhere to the strict rules of stackability, requirements for mandated elements, and other government requirements. This medal featuring a beautiful engraving of Marianne by Felix Rasumny was awarded to Monsieur J. Demolliens in 1958 by the French National Federation of Food Industry Unions. I did an internet search for J. Demolliens but was unable to find any information. I feel sad that his medal has ended up in my collection, I hope M. Demolliens had a long and fruitful life.

27 Aug 2020

1st Earl of Eldon

Medals | World_Coin_Nut

This was an impulse buy from Heritage in 2019. I just now got around to doing some research.The catalog number is BHM-1308 which is part of the British Historical Medals series.Diameter: 46mmComposition: SilverEngraver: VoigtJohn Scott, 1st Earl of Eldon, was a British barrister and politician. He served as Lord High Chancellor of Great Britain between 1801 and 1806 and again between 1807 and 1827.His wife was the eldest daughter of Aubone Surtees, a Newcastle banker. The Surtees family objected to the match and attempted to prevent it, but a strong attachment had sprung up between them. On 18 November 1772, Scott, with the aid of a ladder and an old friend, carried off the lady from her father's house in the Sandhill, across the border to Blackshields, in Scotland, where they were married. The father of the bridegroom objected not to his son's choice, but to the time he chose to marry. It was a blight on his son's prospects, depriving him of his fellowship and his chance of church preferment.In 1782, he entered Parliament for Lord Weymouth's close borough of Weobley in Herefordshire, which Lord Thurlow obtained for him without solicitation. In Parliament, he gave general and independent support to William Pitt. In 1788, he was appointed Solicitor-General and was knighted, and at the close of this year, he attracted attention by his speeches in support of Pitt's resolutions on the state of the king (George III, who then labored under a mental malady) and the delegation of his authority. In 1793, Sir John Scott was promoted to the office of Attorney-General, in which it fell to him to conduct the memorable prosecutions for high treason against British sympathizers with French republicanism, among others, against the celebrated Horne Tooke. These prosecutions were no doubt instigated by Sir John Scott and were the most important proceedings in which he was ever professionally engaged. He has left on record a defense of his conduct in regard to them.In 1799 the office of chief justice of the Court of Common Pleas became vacant. Sir John Scott's claim to it was not overlooked, and after seventeen years' service in the Lower House, he entered the House of Lords as Baron Eldon. During this time Lord Eldon was revered for his work in consolidating equity into a working body of legal principles.The chancellorship was given to him in 1801 professedly on account of his notorious anti-Catholic zeal. He was responsible for conducting the negotiations which resulted in the recall of Pitt to office as prime minister. Lord Eldon was continued in office as chancellor under Pitt, but the new administration was of short duration. On January 23rd, 1806 William Pitt died and his ministry was succeeded by a coalition, under Lord Grenville. The death of Fox, who became foreign secretary and leader of the House of Commons, soon, however, broke up the Grenville administration; and in the spring of 1807 Lord Eldon once more, under the Duke of Portland's administration, returned to the woolsack, which he continued to occupy for about twenty years.In 1827, shortly after George Canning became Prime Minister Lord Eldon resigned in protest at the age of 76. This medal dates to this time period. He spent the rest of his life trying to regain his position.I've managed to acquire a mid-size but growing collection of British Historic Medals. They have quite the following in the collecting community so the ones with an appealing theme can go for good money but the mintage was generally very low. This medal got graded by NGC a lowly MS60. For the life of me I can't figure out the low (in my opinion) grade but it is probably part of the reason I was able to purchase at a bargain price.Sources:Wikipediaacsearch.info

20 Aug 2020

Benedetto Pistrucci and the Waterloo Medal

Medals | World_Coin_Nut

This is a partial rewrite from a blog that I posted in 2017. This past Monday I was the presenter for my local coin clubs educational program. While preparing it I updated some of the information and added some new pictures. I hope you enjoy it.

11 Aug 2020

Church of Saint Martin of Aldoar

Medals | World_Coin_Nut

This medal is a little more modern than what I usually collect but the obverse imagery spoke to me. It was created to commemorate the expansion of a Catholic church in Portugal. Like many modern medals, this one was purchased at a very low price. It is definitely a segment of our hobby that can be collected on a budget.Description:


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