Tuesday, September 18, 2007

Coin Clinic: Olympic Commemoratives Had Surcharge

How did the surcharge work on the U.S. Olympic commemorative coins sold in 1983 and 1984?

The surcharge amounted to $50 on each gold coin and $10 for each silver coin. It was included in the purchase price. As orders were received, 50 percent of the surcharge was turned over to the United States Olympic Committee. The other half went to LA organizers. When the program was over, $73.4 million was provided....

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