I have been in touch with Daniel Carr, both yesterday and today, and wish to pass a little information on to all of you. I now have the balance on our 2009 Medallion Quest and those numbers should give each of you some idea how costly our dream of a tribute to CoinCrusader will be. While I recommended a Pewter medallion it would not be the most economical way to proceed if we wish to do a tribute at this time.
The total costs for our 2009 Medallion Quest at this time is $3,075.00 of which $1,100 has already been forwarded to the Moonlight Mint for the purchase of silver blanks. This leaves us with a balance of $1,975 which we have on hand so are 2009 Medallion Quest is in the clear and successful again. We are going to have monies left over as we went into this project with over $600 from our last quest and I am guessing (Just guessing without looking) we will have a $1,000 still available after all payments for medallions are received
Now one major point I must make is we did not incurr the costs for a new reverse design which would have been an additional $1,250. That cost will be included in our 2010 design, if we proceed, as the design is going to change.
If we proceed with a memorial tribute can we raise the amount of money needed for both obverse and reverse designs and then sell enough medallions to cover the costs? The most economical way to proceed would be with the cheaper copper medallion in 39mm as the blanks for Pewter 63mm are nearly $7.00 each.
The point I am tryin to make is very few of us see the whole picture like I do as I pay the bills. We all see the costs of the medallions as $20 or $40 each which is required to raise the funds for our total. The three types of copper medallions offered, for example, costs us $2.50, $2.75 and $6.50 respectively which is far from $20. It is the costs such as design fees, engraving fees and sculpting fees we don't see. There are other minor fees thrown in throughout the process and they do all add up.
I want each of you to know I am more than in favor of a tribute to Gary Burke as a founding father of this forum but I need for you to see what we are up against. I still like the idea of the huge 63mm pewter as it offers much more room and high relief. But can we do both the Tribute Medallion and the 2010 Medallion Quest? Is there potential to sell medallions elswhere to raise the additional funds? Other fourms? General public? Ebay? I await your ideas and thoughts in the next few days. Thank you in advance as we move forward.
