Here is a Maryland Coin Story many Collector’s have been following:
In the March 2012 Coin World Magazine there was a feature article about the Fort McHenry Quarter which will be part of the current “America the Beautiful Quarters Program” issued by The US Mint.
For the 2nd time the Commission of Fine Arts (CFA) rejected the US Mint’s proposed designs for the Fort McHenry National Monuments Quarter scheduled for 2013 release. There were 11 Fort McHenry designs presented during the February meeting, 7 of which were aerial views. If you read the full Coin World article you can see these 11 designs, some of which are very appealing. The Commission Chair, Earl A. Powell III said he didn’t like the angles at which The Fort was depicted. “Try it again,” was his terse advice to the US Mint.
The first rejections had come from the panel during a meeting in November 2011. With the deadline for submission looming, US Mint Deputy Director Richard A. Peterson told his engraving staff to get back to the drawing board.
Well, after more wrangling, and a split from the CFA by the Citizen’s Coinage Advisory Committee (CCAC), a design was selected and sent for approval. There is still disagreement , and there was sharp debate over whether the design would work. The selected Fort McHenry Quarter will show “bursting bombs” over the Fort:
Unless Timothy Geithner, US Treasury Secretary somehow blocks this design, you should see the bursting bombs over Fort McHenry on the 2013 Quarter.
For a short term investment maybe. There are a lot of peaks and valleys when investing in metals, and the value of your investment might decrease significantly over the next year or two. For a long term investment, probably yes. Silver and gold have been appreciating in value over the last decade because people know they’re more secure than dollars. The economy is going through a very turbulent time right now. People know that if inflation gets out of control, metals like silver and gold will retain their value, so a lot of people want to buy. If you had invested in silver in 2001 you would have more than quintupled your money by now.
Well, thank you very much for sharing this great post!!
Should you ever clean your coins in any type of solution? I haven’t done this but I’m very new to this hobby and I was at a hobby shop and saw a coin cleaning solution but I don’t know if its a scam.