News Column

National Collector's Mint: Commemorative Coins Draw Attention to Scouts, Other Notable Organizations

Mar 11 2013 12:00AM

Marketwire

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PORT CHESTER, NY -- (Marketwire) -- 03/11/13 -- National Collector's Mint produces a wide range of collectible, commemorative coins -- and it does so for a variety of reasons. Collectible coins have intrinsic value and to coin enthusiasts -- especially when the craftsmanship is superior -- but a collectible coin can also play an important role in memorializing historic events. Illustrating this point is a recent article from Coin Update, which reports that the U.S. Mint will soon begin selling special collector's coins, commemorating the centennial of the Girl Scouts of the USA. The article has won the attention of National Collector's Mint; the company has weighed in with a press statement.

In its press statement, the company affirms the important role that commemorative coins can play in the preservation and celebration of history, but it also comments on the difficult task of deciding which historic or cultural themes will most appeal to coin-collecting consumers. "Figuring out which commemorative themes will be popular with the public is always problematic," says National Collector's Mint in its press statement. "Most U.S. Government commemoratives are not currently selling for much more than their precious metal value. However, low mintages, such as the $5 gold Jackie Robinson (the lowest of any commemorative minting to date) and the $5 gold U.S. Capitol Visitor's Center (the second lowest mintage to date) often result in much higher prices down the line."

As for the Girl Scouts coin, it is being minted to celebrate the program's 100th anniversary. The Girl Scouts were begun in 1912 in Savannah, Georgia, the Coin Update article notes, and while there were originally just 18 members, the current membership exceeds 3,700,000.

Sales of the new Girl Scouts coins will begin on the last day of February. Collectors will have the option to buy both proof and uncirculated coins. The U.S. Mint is offering these coins at discounted rates through the end of March.

National Collector's Mint is one of the largest direct to consumer coin sellers in the world. Since 1991, the company has stood as one of the world's foremost providers of commemorative and collectible coins. National Collector's Mint is not affiliated with the U.S. Mint or with the U.S. Department of the Treasury, but it is well-respected among coin collectors across the country.

ABOUT:

National Collector's Mint is an internationally respected coin and collectibles company, headquartered in Port Chester, New York. The company was founded in 1991, and since then has grown from a two-person operation into an enterprise of more than 50 employees. The company's spokespeople include former U.S. Congressman Barry Goldwater, Jr. and Angela Marie (Bay) Buchanan, the 37th Treasurer of the United States. National Collector's Mint is not affiliated with the U.S. Treasury Department but is one of the largest private direct to consumer coin sellers in the nation. National Collector's Mint is well-regarded for its high-quality commemorative coins and collectibles, always designed to meet the highest standards of quality and often including fine, precious metals. The company is known to coin collectors throughout the world.



Source: Marketwire