Herbert Hoover actually said...

The growing practice of issuing commemorative coins, incidentally to be sold at a profit and provide funds for projects or celebrations, appears to me to run counter to this principle and by their multiplicity to have become a misuse of our coinage system.

Context

Veto of a Coinage Bill Commemorating the Gadsden Purchase.

04/20/1930

https://www.presidency.ucsb.edu...

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