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Category Archives: legislative

January 2018 Numismatic Legislation Review

Numismatically, the legislative news of the month is the hold placed on David Ryder’s nomination by Sen. Chuck Grassley (R-IA) in what amounts to a hissy fit over the Department of the Treasury not answering his inquiries. The problem is that to Secretary of the Treasury Steven Mnuchin, it does not matter. Currently, David Motl […]

Update on Ryder Nomination

As previously reported, the nomination of David J. Ryder to become the 39th Director of the U.S. Mint was returned to the President at the beginning of the second session of the 115th Congress. Under Senate Rules, the nomination neither confirmed nor rejected during the session can be returned on adjournment, unless the Senate agrees […]

November 2017 Numismatic Legislation Review

Most of the work in Congress has been on the tax bill (H.R. 1) and non-controversial legislation. The Senate has worked on reducing the number of presidential nominees on the Executive Calendar. Currently, there are 100 nominations waiting to be acted on and David J. Ryder, nominated to be the Director of the U.S. Mint, […]

How the new tax bill will hurt numismatic businesses

The Industry Council for Tangible Assets (ICTA) issued an alert warning that a provision on the House of Representatives’s tax plan has the potential to hurt the numismatic industry and asked its members to contact their representatives to let them know of the issue. Like many legislative actions, the bill was probably not targeted at […]

Ryder Nomination Moves Forward

The Nomination of David J. Ryder to become the 39th Director of the U.S. Mint moves forward as the Senate Committee on Banking, Housing, and Urban Affairs ordered that his appointment to be reported favorably. Committee Chairman Sen. Mike Crapo (R-ID) reported the committee’s recommendation without a printed report. His nomination was added to the […]

October 2017 Numismatic Legislation Review

It seems that when I write these posts about the monthly numismatic-related legislation reviews, I note how frustrating it is to follow the workings of Congress. Even though I work as a part-time political analyst and have some contacts I can leverage, even the insiders cannot explain why things happen. Let’s look at recent legislation. […]

Get Ready for the American Legion Commem in 2019

Sometimes, it takes time for the online system to catch up with the acts of Congress. But in what looks like a rare display of bipartisanship, the Senate passed The American Legion 100th Anniversary Commemorative Coin Act (H.R. 2519) on September 29, 2017. It becomes the first piece of numismatic-related legislation passed by the 115th […]

August 2017 Numismatic Legislation Review

We send our hopes and wishes out to the victims of Hurricane Harvey. I ask that my readers help those in the affected region by donating to a charity that is working in the region to help. The American Red Cross needs blood donors. If you can give blood, visit redcross.org/hp/harvey3 to find a blood […]

Why collect NCLT coins?

A while ago, I received the following question from a reader: Why do coins that were made NOT for circulation, like Silver Eagles, Commemoratives Productions, etc have any value other than their face value? I do not see the value of collecting something that was never meant for circulation. Starting with the first question, the […]

May 2017 Numismatic Legislation Review

Just because congress is dysfunctional does not mean they cannot curry favor with various constituencies. This month we see bills introduced for a Coast Guard and American Legion 100th Anniversary commemorative coins programs. Both are worthy organizations but given the toxic nature of Congress, who knows if these commemorative programs will be passed. To pair […]