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Basketball Hall of Fame commemorative coins

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The Basketball Hall of Fame commemorative coins are a series of coins to be issued by the United States Mint in 2020. The coins will commemorate the Naismith Memorial Basketball Hall of Fame.[1] The coins were authorized by Public Law 115–343.[2]

History

Following the success of the 2014 National Baseball Hall of Fame commemorative coins, H.R.4592 was introduced to the House of Representatives in 2016. It proposed the production of a series of coins commemorating the Basketball Hall of Fame in 2019.[3][4] However, it did not make it past the House.[5]

The production of Basketball Hall of Fame coins was proposed again in 2017 with H.R.1235. This was largely identical to H.R. 4592, but indicated that the coins were to be dated 2020 instead of 2019. Unlike the previous proposal, H.R.1235 passed the House and the Senate, and was signed into law by President Donald Trump on December 21, 2018, becoming Public Law 115–343.[2]

Legislation

Public Law 115–343 calls for a maximum mintage limit of 750,000 clad half dollars, 400,000 silver dollars, and 50,000 gold half eagles. It also calls for the coins to be dome-shaped.[2]

Designs

The US Mint launched the Basketball Hall of Fame Commemorative Coin Design Competition on March 19, 2019, calling for artists to submit obverse designs to the Citizens Coinage Advisory Committee. The reverse design is not part of the competition, and will feature a basketball. The chosen designs will be unveiled by the end of 2019.[6]

April Stafford, the chief of the Office of Design Management, has stated that the Mint is considering colorizing the half dollar and silver dollar coins.[7] If colorized, these coins will be the first such legal tender United States coins.[8]

The idea of colorized coins brought mixed responses from the numismatic community. Those critical of the idea claim that the Mint would be one step closer to copying the Royal Canadian Mint's habit of "turning out trinkets". However, some are welcome to the idea of colorized US coins.[8]

References

  1. ^ "Basketball Hall of Fame getting commemorative collector's coin". WWLP. 2019-01-21. Retrieved 2019-08-08.
  2. ^ a b c Neal, Richard E. (2018-12-21). "Text - H.R.1235 - 115th Congress (2017-2018): Naismith Memorial Basketball Hall of Fame Commemorative Coin Act". www.congress.gov. Retrieved 2019-08-09.
  3. ^ "Commemorative coin legislation plentiful in 2017". CoinWorld. Retrieved 2019-08-09.
  4. ^ "Domed basketball coins for 2019?". CoinWorld. Retrieved 2019-08-09.
  5. ^ Neal, Richard E. (2016-02-23). "Text - H.R.4592 - 114th Congress (2015-2016): Naismith Memorial Basketball Hall of Fame Commemorative Coin Act". www.congress.gov. Retrieved 2019-08-09.
  6. ^ "Basketball Hall of Fame Coin Design Competition | U.S. Mint". www.usmint.gov. Retrieved 2019-08-09.
  7. ^ "U.S. Mint considering colorizing two of three 2020 Basketball commems". CoinWorld. Retrieved 2019-08-09.
  8. ^ a b "Monday Morning Brief for Aug. 5, 2019: Colorized U.S. coins?". CoinWorld. Retrieved 2019-08-09.
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