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LBJ Coin & Chronicles Set

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Old Usenet User

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Oct 27, 2015, 12:04:45 PM10/27/15
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Got my order in and only had to reload the page once!

Ken Barr

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Oct 27, 2015, 1:04:05 PM10/27/15
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In article <n0o7ao$61v$1...@speranza.aioe.org>,
Old Usenet User <x...@yyy.zzz> wrote:

> Got my order in and only had to reload the page once!

Ditto ... in and out in nine minutes (slow Internet connection
at home ...). About three minutes of that was walking to/from
the bedroom to get the security code for my credit card, which
I thought they stored, but apparently they don't.

At least I remembered to check the "I accept these terms ..."
box before clicking the "Confirm Order" button this time!!
Maybe by the time the Reagan set comes out next year I'll
remember to have the CC handy ...

--
Ken Barr Numismatics        email:  k...@kenbarr.com
P. O. Box 32541             website:  http://www.kenbarr.com
San Jose, CA  95152     Coins, currency, exonumia, souvenir cards, etc.
408-272-3247   NEXT SHOW: Livermore Valley Coin Club 09/13

Ken Barr

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Oct 28, 2015, 4:15:40 AM10/28/15
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Reportedly sold out at 3:57 PM Eastern time, so the 25,000 sets
were sold within four hours.

Seems odd that it took that long given the less-than-a-half-hour
sellouts of the Truman/Eisenhower sets with a mintage only
slightly lower at 17,000 ...

Oh, well, at least it looks like I'll be able to make a profit
on these sets, but only expect to break even or lose a little
bit on the Kennedy sets ...

--
Ken Barr Numismatics        email:  k...@kenbarr.com
P. O. Box 32541             website:  http://www.kenbarr.com
San Jose, CA  95152     Coins, currency, exonumia, souvenir cards, etc.
408-272-3247   NEXT SHOW: Peninsula CC (Napredak Hall, SJ) Nov 1

Old Usenet User

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Oct 28, 2015, 10:03:18 PM10/28/15
to
On 10/28/2015 4:15 AM, Ken Barr wrote:
> Reportedly sold out at 3:57 PM Eastern time, so the 25,000 sets
> were sold within four hours.
>
> Seems odd that it took that long given the less-than-a-half-hour
> sellouts of the Truman/Eisenhower sets with a mintage only
> slightly lower at 17,000 ...
>
> Oh, well, at least it looks like I'll be able to make a profit
> on these sets, but only expect to break even or lose a little
> bit on the Kennedy sets ...
>

Mint informed me my sets were shipped today.

Jerry Dennis

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Oct 30, 2015, 12:52:47 AM10/30/15
to
Ken, did something change with the Presidential Dollars Program? Back in the day we read that the program would stop with the last deceased President before the first still living President. That would be Ford since Carter is still alive.

Jerry

Ken Barr

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Oct 30, 2015, 8:00:24 PM10/30/15
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In article <1857a367-d7de-4b7a...@googlegroups.com>,
Jerry Dennis <JDen...@aol.com> wrote:

[snip]
> Ken, did something change with the Presidential Dollars Program? Back in the
> day we read that the program would stop with the last deceased President
> before the first still living President. That would be Ford since Carter is
> still alive.

According to the Mint website, the 2016 Prezibux will be:

# 2016
# 37 Richard M. Nixon 1969-1974
# 38 Gerald Ford 1974-1977
# 40 Ronald Reagan 1981-1989

IIRC, the original legislation indicated that the series stopped [or was
temporarily suspended, I ferget which] when they ran up to a living or
less-than-two-years deceased president. But in 2015 the Mint apparently
"reinterpreted" the legislation so that Reagan could be honored in 2016,
skipping over Carter entirely, or relegating him to a future year.

Reagan is the only one currently planned to have a Reverse Proof dollar
in a 2016 "Coin and Chronicles" set ... I don't know why Tricky Dick and
Oopsie Gerry are not being so honored ...

--
Ken Barr Numismatics        email:  k...@kenbarr.com
P. O. Box 32541             website:  http://www.kenbarr.com
San Jose, CA  95152     Coins, currency, exonumia, souvenir cards, etc.

A. Bolmarcich

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Oct 31, 2015, 3:45:34 PM10/31/15
to
On 2015-10-31, Ken Barr <k...@kenbarr.com> wrote:
> IIRC, the original legislation indicated that the series stopped [or was
> temporarily suspended, I ferget which] when they ran up to a living or
> less-than-two-years deceased president. But in 2015 the Mint apparently
> "reinterpreted" the legislation so that Reagan could be honored in 2016,
> skipping over Carter entirely, or relegating him to a future year.

The law specified: "The issuance of coins under this subsection shall
terminate when each President has been so honored, subject to paragraph
(2)(E), and may not be resumed except by an Act of Congress."

Paragraph (2)(E) is: "No coin issued under this subsection may bear the
image of a living former or current President, or of any deceased former
President during the 2-year period following the date of the death of
that President."

The interpretation that the program would stop with the *first*
President for whom a coin would not be issued due to paragraph (2)(E)
was simply wrong. Nixon, Ford, Carter, and Reagan are in line to have
coins issued in 2016. A coin will not be issued for Carter due to the
restriction to deceased Presidents.

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