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William T. Gibbs

Bill’s Corner

William T. Gibbs

William was appointed the managing editor effective May 1, 2015. He joined the Coin World editorial staff in 1976 as an assistant editor for "Collectors' Clearinghouse" and later became a senior staff writer before being appointed news editor. As managing editor, he manages the day-to-day editorial operations for Coin World, both print and online, and leads the editorial staff. He also serves as chief copy editor for all Coin World publications, including for all books published by Coin World since 1985. He has been project editor of mulitple editions of the Coin World Almanac. Bill began collecting coins at the age of 10 and soon discovered Coin World. As a teen interested in numismatics and journalism, he identified a writing position on the staff of Coin World as a dream job, which was realized shortly after he graduated from Bowling Green State University with a major in journalism. He collects store cards and medals depicting Adm. George Dewey of Spanish-American War fame.

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Archive for 'August 2017'

    How many times should we honor the same president on a coin?

    August 17, 2017 10:52 AM by
    How many times should this nation honor the same president on a U.S. coin? How many appearances are too many?

    Those are questions that Congress may ponder in the weeks and months ahead. Twin bills have been introduced in the Senate and House of Representatives seeking a commemorative silver dollar honoring President John F. Kennedy.

    Kennedy, of course, was the last American president to be assassinated. He was young and handsome and had a beautiful wife and two young children. Washington was Camelot reborn and then it all came crashing down on Nov. 22, 1963, with an assassin’s bullets. I was less than two months' shy of my 10th birthday and I have vivid memories on learning the news on the bus ride home from school and finding my mother weeping as she waited for me at the door to the family home.

    Within weeks of the assassination, officials decided to pay tribute to the fallen leader with a new circulating half dollar. Congress had to authorize the change from the Franklin design to the new Kennedy design, but in a matter of weeks, a new coin had been designed, refined, put into production, and released into circulation. The coin was wildly popular. I remember my grandmother, who loved Kennedy, hoarding as many as she could.

    Today, though, the Kennedy half dollar is one of those unnecessary coins. None has been placed into circulation officially since 2001 and the only way to get each year’s new coins is to buy them from the Mint for a premium. And yet the Mint keeps striking the coin.

    In 2015, Kennedy was honored again, this time on a Presidential dollar. Like the Kennedy half dollar, it was intended to be a circulating coin but the Presidential dollars were unwanted  by the public, so later coins were struck strictly for collectors and not for circulation.
    Now we have legislation seeking a noncirculating silver dollar honoring Kennedy. The proposal has several problems, however.

    The coin, intended for release in 2020, is intended to commemorate the centennial of Kennedy’s birth. The problem is that Kennedy was born in May 1917, meaning that if the coin is approved, this “centennial” issue will be released three years after the centennial date. That makes no sense, though Congress has approved similar commemorative coins with weird dating in the past.

    The other, even bigger problem is that Congress is pondering a third coin for the same president. That is one coin too many. Why keep returning to the same theme so many times?

    Enough is enough. This is bad legislation and it is unnecessary. Congress needs to reject a third John F. Kennedy coin.​