United States commemorative coins

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Obverse of the 2018 World War I Centennial silver dollar 2018 WWI Centennial Dollar Obverse.jpg
Obverse of the 2018 World War I Centennial silver dollar

The United States Mint has minted numerous commemorative coins to commemorate persons, places, events, and institutions since 1848. Many of these coins are not intended for general circulation, but are still legal tender. [1] The mint also produces commemorative medals, which are similar to coins but do not have a face value, and therefore are not legal tender. [2]

Contents

History

Early commemoratives

The earliest commemorative coin minted by the US Mint was the 1848 "CAL" quarter eagle, which commemorated the finding of gold in California. [3] These coins were standard quarter eagles that were modified by punching CAL. onto the reverse above the eagle.

Most standard US commemorative coin lists begin with the 1892 Columbian half dollar commemorating the 400th anniversary of Columbus' voyage to America. The following year, the Columbian Exposition quarter dollar featuring Queen Isabella of Spain was issued. [4]

In 1915, the mint issued the Panama–Pacific half union, which had a face value of $50. This was the first time a commemorative coin was produced in a denomination that was not issued for circulation (a half union coin was proposed, but was never released into circulation). The coin was offered in both round and octagonal versions, the latter being the only US coin that is not round. [5]

In 1925, a commemorative 50-cent coin was released that showed Robert E. Lee and Stonewall Jackson. Money raised from the sale of the coins was combined with money raised by the United Daughters of the Confederacy and the Stone Mountain Confederate Memorial Association in order to fund the carving of a Confederate monument at Stone Mountain. [6]

The 1926 United States Sesquicentennial half dollar was the second United States coin to feature a living person at the time of its minting. The obverse of the coin featured busts of George Washington and Calvin Coolidge. [7] (The first was the 1921 Alabama Centennial half dollar, which showed a bust of then-Governor Thomas Kilby.) Coolidge remains the only president depicted on coinage during his lifetime.

Starting in the 1930s, the US Mint was criticized for issuing commemorative coins of dubious recognition and seemingly endless mint runs (the Oregon Trail Memorial 50-cent piece was minted 8 years during a 14-year span). Multiple unrelated commemoratives also were minted in many years, diminishing the significance of commemorative issues. In 1936 alone 19 commemorative half dollars were minted, not including two half dollars that were dated 1936 but were actually minted the following year. Three commemorative half dollars were proposed for issue in 1954, but all were vetoed by president Dwight D. Eisenhower due to the lack of interest expressed by collectors, and the period of early commemoratives ended that year with the 1954 Carver-Washington half dollar. [8] [9]

Modern commemoratives

In 1982, the US Mint resumed its commemorative coin program with the George Washington 250th Anniversary half dollar. Unlike the original commemoratives, only a few coins are released each year and are more popular with collectors. [10]

The Library of Congress eagle of 2000 was the first bi-metallic coin issued by the US Mint. [11] Later that year, the mint released a 1,000 Icelandic króna coin commemorating the 1,000th anniversary of Leif Ericson's discovery of the Americas. This coin was struck on the same planchet as the silver dollar that also commemorated the event. [12]

The year 2017 marked the 225th anniversary of the US Mint. Although no traditional commemorative coins were issued for the occasion, the mint did produce a $100 coin, a special uncirculated mint set featuring coins with an "enhanced" finish, and a circulating penny featuring the P mint mark. [13] [14] [15]

Circulating commemorative coins

Reverse of the United States Bicentennial quarter 1976 Bicentennial Quarter Rev.png
Reverse of the United States Bicentennial quarter

Circulating commemorative coins have been somewhat more unusual in the United States. These are coins that are minted to commemorate a particular person, place, event, or institution, but are intended to enter general circulation.

The first circulating commemorative coin of the United States was the 1921 Peace dollar. The coin was originally intended to be produced for one year to commemorate the end of World War I, although the design proved popular and continued to be produced until silver dollar production ended in 1935. [16]

The next planned circulating commemorative coin was a half dollar to commemorate the 200th anniversary of the birth of George Washington. The coin was to have been struck for one year only in 1932, however, no circulating half dollars were struck from 1930 until 1934 due to a lack of demand caused by the Great Depression. [17] The anniversary was instead commemorated with the Washington quarter, which, like the Peace dollar, later became a regular issue coin.

In 1975 and 1976, the Washington quarter was also used to commemorate the United States Bicentennial with a circulating commemorative. The Kennedy half-dollar and Eisenhower dollar also featured commemorative designs for circulation during these two years. All US Bicentennial commemoratives were dated 1776–1976, despite being produced throughout 1975–76. [18]

More recently, the State Quarters program began in 1999 circulating five different commemoratives each year with reverses for each of the 50 States in the order of their admission to the Union. In 2009, six quarters commemorating the District of Columbia, two commonwealths, and three territories were issued. [19] [20]

In 2004–2005 the mint issued four commemorative Westward Journey nickel, celebrating the 200th anniversaries of the Louisiana Purchase and the Corps of Discovery.

The Presidential dollar coins, the first of which was released in 2007, commemorate deceased presidents of the United States. The program ended in 2016 when the last eligible president, Ronald Reagan, was commemorated (George H. W. Bush was still alive at the time).

In 2009, four commemorative one cent pieces were issued to mark the bicentennial of the birth of Abraham Lincoln. This year also saw the release of the first Native American dollar coin.

Beginning in 2010 and continuing through at least 2021, a new series of quarters, the America the Beautiful Quarters, was issued to recognize America's National Parks, with five quarters issued per year. [21] When this program is completed, 23 years will have passed in which all quarters minted were commemorative.

In 2018, the American Innovation $1 Coin Program was launched. The program will run from 2019–2032, commemorating an inventor or an invention from each state and six territories. An introductory coin was released in 2018. These coins do not circulate as of 2019, as no dollar coins have been minted for circulation since 2012 due to a lack of demand. Should there be a need for more dollar coins before 2032, however, some American Innovation dollars may enter circulation.

Specifications of traditional commemorative coins

Quarter (25¢)

CompositionDiameterTotal weightYears mintedExample
Ag 90%, Cu 10%24.3 mm (0.957 in)6.25 g1893 Columbian exposition quarter dollar commemorative obverse.jpg Columbian exposition quarter dollar commemorative reverse.jpg

Half dollar (50¢)

CompositionDiameterTotal weightYears mintedExample
Ag 90%, Cu 10%30.61 mm (1.205 in)12.50 g1892–1954, 1982, 1993 Booker t washington half dollar 1946.jpg
Cu 92%, Ni 8%11.34 g1986–present 1995 Centennial Olympics Baseball Uncirculated Half Dollar.jpg
2014, 2019, 2020 2014 Baseball Hall of Fame-Proof Half Dollar.jpg

Dollar ($1)

CompositionDiameterTotal weightYears mintedExample
Ag 90%, Cu 10%38.1 mm (1.500 in)26.73 g1900, 1983–2018 2001buffalo.JPG
90% Au, 10% Cu15.0 mm (0.590 in)1.672 g1903–1922 Louisiana Purchase Jefferson dollar obverse.jpg Louisiana Purchase Jefferson dollar reverse.jpg
Ag 99.9%38.1 mm (1.500 in)26.73 g2019–present 2019 American Legion 100th Anniversary Dollar Obverse.jpg 2019 American Legion 100th Anniversary Dollar Reverse.jpg
76.2 mm (3.000 in)155.517g2019, 2020 2019 Apollo 11 50th Anniversary 5oz Dollar Obverse.jpg 2019 Apollo 11 50th Anniversary 5oz Dollar Reverse.jpg

Quarter eagle ($2.50)

CompositionDiameterTotal weightYears mintedExample
Au 90%, Cu 10%18.0 mm (0.709 in)4.18 g1848, 1915, 1926 1926 $2 1-2 Sesquicentennial.jpg

Half eagle ($5)

CompositionDiameterTotal weightYears mintedExample
Au 90%, Ag 6%, Cu 4%21.59 mm (0.850 in)8.539 g1986–present 2008 Bald Eagle-Proof Five Dollars.jpg
Au 85%, Cu 14.8%, Zn .2%21.59 mm (0.850 in)7.931 g2018 2018 Breast Cancer Awareness-Proof Five Dollars.jpg

Eagle ($10)

CompositionDiameterTotal weightYears mintedExample
Au 90%, Ag 6%, Cu 4%26.92 mm (1.060 in)16.718 g1984, 2003 2003 Wright Brothers Proof Five Dollars.jpg
Au 48%, Pt 48%, Alloy 4%26.92 mm (1.060 in)16.259 g2000 2000 Library of Congress Proof Ten Dollars.jpg
Au 99.99%26.49 mm (1.043 in)14.175g2007-2016, 2020 Alice Paul-unc-obv.jpg Alice Paul-unc-rev.jpg

Half union ($50)

CompositionDiameterTotal weightYears mintedExample
Au 90%, Cu 10%50.8 mm (2.000 in)83.55 g1915 1915-S $50 Panama-Pacific 50 Dollar Round.jpg
44.9 mm (1.77 in)75.54 g 1915-S $50 Panama-Pacific 50 Dollar Octagonal.jpg

See also

Related Research Articles

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United States Mint Produces circulating coinage for the United States

The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money; that responsibility belongs to the Bureau of Engraving and Printing. The first United States Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point.

Dollar coin (United States) Current denomination of United States currency

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50 State quarters Series of US coins

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Eagle (United States coin)

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Presidential dollar coins Series of circulating commemorative dollar coins

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Quarter (Canadian coin) Canadian coin worth 25 cents

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Sacagawea dollar US 1 dollar coin minted since 2000

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West Point Mint Branch of the United States Mint

The West Point Mint Facility is a U.S. Mint production and depository facility erected in 1937 near the U.S. Military Academy in West Point, New York, United States. Originally it was called the West Point Bullion Depository. At one point it had the highest concentration of silver of any U.S. mint facility, and for 12 years produced circulating pennies. It has since minted mostly commemorative coins and stored gold.

Washington quarter US 25-cent coin minted since 1932

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America the Beautiful quarters Series of U.S. coins

The America the Beautiful quarters are a series of 56 25-cent pieces (quarters) issued by the United States Mint starting in 2010 and scheduled to continue until 2021. The obverse (front) of all the coins depicts George Washington in a modified version of the portrait used for the original 1932 Washington quarter. There will be five new reverse (back) designs each year, each commemorating a national park or national site – one from each state, the federal district, and each territory. The program is authorized by the America’s Beautiful National Parks Quarter Dollar Coin Act of 2008.

Kennedy half dollar mintage figures

The Kennedy half dollar is a United States coin that has been minted since 1964. In the first year of production the coins were minted in 90% silver and 10% copper. From 1965 through 1970, the coins were minted in a clad composition of mostly silver outer layers and a mostly copper inner layer. After 1970, the coins are minted in a copper–nickel clad composition. From 1992 to 2018, 90% silver coins were made for inclusion in special "Limited Edition" silver proof sets. Beginning 2019 coins in the special silver proof sets are produced from pure (.9999) silver.

The United States Mint has released annual collections of coins most years since 1936.

George Washington 250th Anniversary half dollar

The George Washington 250th Anniversary half dollar is a commemorative coin that was issued by the United States Mint to commemorate the 250th anniversary of the birth of George Washington. The coin was authorized by Pub.L. 97–104.

Carver-Washington half dollar

The George Washington Carver-Booker T. Washington Half Dollar was designed by Isaac Scott Hathaway. The obverse depicts side-portraits of George Washington Carver and Booker T. Washington and the reverse shows a simple outline map of the United States of America superimposed with the letters "U.S.A.", and the words "Freedom and Opportunity for All/Americanism" around the rim. It was minted in silver from 1951 until 1954, by authority of Pub.L. 82–151. It was the final issue of early commemoratives.

American Innovation dollars A series of US dollar coins

American Innovation dollars are dollar coins of a series minted by the United States Mint beginning in 2018 and scheduled to run through 2032. It is planned for each member of the series to showcase an innovation, innovator or group of innovators from a particular state or territory.

United States Proof Set

The United States Mint Proof Set, commonly known as the Proof Set in the United States, is a set of proof coins sold by the United States Mint. The proof set is popular with coin collectors as it is an affordable way to collect examples of United States coinage in proof condition.

References

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