NumisMaster Logo
Home
Register
Sign In
Free Newsletter

Collector Info
In Print
Site Map

Congress scrams until September
August 07, 2007

As the U.S. Congress recessed over the weekend and its member were hightailing it back to their homes across the nation, collectors were in the process of leaving their homes to gather in convention in Milwaukee, Wis., for the American Numismatic Association's World's Fair of Money.

The convention will provide a great opportunity for me to ask questions about actions the Congress has taken or is about to take. The U.S. Mint director Ed Moy is expected to be present on Thursday and Friday and I can't wait to be able to ask him what a new proposal means to the compositions of U.S. coinage.

Legislation was introduced in both houses of Congress authorizing the Treasury Secretary to change the compositions of all circulating U.S. coins. This comes in response to the rising prices of metals used in them, especially for cents and nickels.

I spoke to Mr. Moy about this matter just after he had taken office last year and he put me off by saying that he owed the President his first and best judgment and then only after that would he be able to provide some answers.

This new legislation seems to open the door to that year-old question again, so let's see what he will have to say. Whta do you think our coins will be made of in the future?

No matter what the answer, it looks like we will have another interesting collecting year ahead of us as the autumn collecting season gets under way.

Add to: del.icio.us   digg
With this blog: Email to friend   Print



Something to add? Notice an error? Comment on this blog.
  


About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News, Bank Note Reporter and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

Search this Blog
Email Updates
Email me a message when a new post is added!
RSS Feed
More Links
Numismatic News
 



About Us | Contact Us | Privacy | Your data is secure
©2014 F+W Publications, Inc., Iola, Wisconsin. All rights reserved.