United States Mint to Unveil Anwar El Sadat Congressional Gold Medal Designs

Sep 16, 2019 | ,

WHAT:
U.S. MintRepresentatives from the United States Mint and Department of the Treasury will participate in a ceremony to unveil the designs for the Anwar El Sadat Congressional Gold Medal.

The Congressional Gold Medal is one of the nation’s highest civilian awards and is bestowed by Congress as an expression of gratitude for distinguished achievements and contributions by individuals, groups, or institutions. On December 13, 2018, Congress authorized the award in recognition of President Sadat’s heroic achievements and courageous contributions to peace in the Middle East.

WHEN:
Tuesday, September 17, 2019; 4:30 p.m. (EDT)

WHERE:
U.S. Department of the Treasury
Cash Room
1500 Pennsylvania Avenue NW
Washington, DC 20220

OPPORTUNITIES/BACKGROUND:

Medal design enlargements.

RSVP:
Media planning to attend must RSVP by 5:00 p.m. on Friday, September 13, 2019 via phone or email with credentialing information listed below to Michael White, 202-354-7241, Michael.White@usmint.treas.gov

PLEASE NOTE:
Media without press credentials issued by Treasury must RSVP with the following information for access into the building: (1) full legal name, (2) date of birth, (3) Social Security number, and (4) country of citizenship. Media attending with camera equipment must arrive at the South Entrance (15th Street and Alexander Hamilton Place) no later than 3:45 p.m. to allow time for equipment sweeps and set-up. No vehicles will be permitted onto Treasury grounds, and equipment must be carried in. All other media should arrive by 4:00 p.m. at the main entrance (Pennsylvania Avenue/New York Avenue and 15th Street).

United States Mint – Connecting America through Coins

PCGS partners with Basketball Hall of Fame on upcoming U.S. coins

Sep 16, 2019 |

As its exclusive grading service, PCGS will create special HOF inserts for certified 2020 basketball commemorative coins

Newport Beach, CA (Sept.16, 2019) – Professional Coin Grading Service (PSGS, www.PCGS.com) is partnering with the Naismith Memorial Basketball Hall of Fame (www.HoopHall.com) on a 2020 basketball commemorative coin program.

The planned $5 denomination gold, $1 silver and 50-cent clad legal tender coins to be struck by the United States Mint will honor the Naismith Memorial Basketball Hall of Fame’s 60th anniversary. PCGS will be creating customized designs for encapsulation inserts in conjunction with the Springfield, Mass.-based museum.

“We are extremely proud to be the Exclusive Naismith Memorial Basketball Hall of Fame Coin Grading and Authentication Partner,” said PCGS President Brett Charville. “This is a distinct privilege and one we look forward to maintaining for years to come.”

According to the Mint, the dome-shaped coins will be curved to resemble a basketball. The obverse will feature three basketball players – a woman and two men, one of which is a Paralympian in a wheelchair — and all are laying up the same basketball. The reverse depicts a ball going into a hoop.

Sales from the Basketball Hall of Fame’s official anniversary coin – which launches next spring – could provide significant fundraising opportunities for the Hall. The Mint’s program calls for the production of up to 50,000 gold coins, 400,000 silver coins and 750,000 clad coins.

“It is an honor for Collectors Universe to work with the Naismith Memorial Basketball Hall of Fame on this 2020 commemorative coin project,” stated Collectors Universe CEO Joe Orlando. “Not only do we believe this specially designed coin will appeal to the numismatic and sports collector communities alike domestically, the worldwide popularity of the sport opens the door to international opportunities. In addition to creating customized designs to enhance the presentation of these coins, we intend on using the power of our leading PCGS and PSA (Professional Sports Authenticator www.PSAcard.com) brands to help broaden the appeal of these collector items.”

Representatives of the United States Mint and the Naismith Memorial Basketball Hall of Fame unveiled designs for the basketball commemorative coins on September 6, 2019 at Symphony Hall in Springfield, Mass. (Photo credit: Naismith Memorial Basketball Hall of Fame.)

Naismith Memorial Basketball Hall of Fame President and CEO John Doleva added: “The funds generated will allow us to bolster our educational programs and ever-growing portfolio of events nationwide.”

The Hall of Fame is authorized to receive surcharges from the sale of the coins in the amount of $35 per gold coin, $10 per silver and $5 per clad.

About Professional Coin Grading Service

Professional Coin Grading Service (PCGS) represents the industry standard in third-party certification. Since 1986, PCGS has examined and certified over 42 million coins, medals and tokens with a combined value of over $35.8 billion. For more information about PCGS products and services, including how to submit your coins for authentication and grading, visit www.PCGS.com or call PCGS Customer Service at (800) 447-8848.

About the Naismith Memorial Basketball Hall of Fame

Located in Springfield, Massachusetts, the city where basketball was born, the Naismith Memorial Basketball Hall of Fame is an independent non-profit 501(c)(3) organization dedicated to promoting, preserving and celebrating the game of basketball at every level – men and women, amateur and professional players, coaches and contributors, both domestically and internationally. The Hall of Fame museum is home to more than 400 inductees and over 40,000 square feet of basketball history. Nearly 200,000 people visit the Hall of Fame museum each year to learn about the game, experience the interactive exhibits and test their skills on the Jerry Colangelo “Court of Dreams.” Best known for its annual marquee Enshrinement Ceremony honoring the game’s elite, the Hall of Fame also operates over 70 high school and collegiate competitions annually throughout the country and abroad. For more information on the Basketball Hall of Fame organization, its museum and events, visit www.hoophall.com, follow @hoophall or call 1-877-4HOOPLA.

1975 No S proof dime changes hands twice in less than a week

Sep 16, 2019 | ,

September 16, 2019 – The most valuable United States modern coin ever sold at auction, a 1975 proof No S dime, changed hands twice in less than a week, both times for record prices.

The finer of the two known 1975 proof dimes without the San Francisco S mint mark was jointly purchased on September 6, 2019 for $456,000 by modern coin specialist Mitch Spivack along with his son, Justin, owner of MonsterCoinMart (www.MonsterCoinMart.com) in Orange County California, and with collector Steven Heller also as a partner on the deal. They then sold it five days later through agent Nick Cascio for $516,000 to an avid Roosevelt dime collector who wants to remain anonymous.

1975 no S proof dime PCGS PR68

The record-setting 1975 No S proof Roosevelt dime graded PCGS PR68. (Photo courtesy of Professional Coin Grading Service www.PCGS.com.)

Graded PCGS PR68 and ranked in first place in the book, 100 Greatest U.S. Modern Coins, this 1975 proof No S dime is now the highlight of the Halcyon Collection, one of the all-time finest collections of Roosevelt dimes in the PCGS Set Registry®.

“I purchased the 1975 no S ‘Roosie’ out of the Heritage Auctions sale in Long Beach, California along with Steven Heller and my son Justin as partners. We received an offer for the dime the very next day, and a few days later consummated the sale of the dime,” explained Mitch Spivack, a leading expert in modern United States coinage, 1932-to-date.

“It was a great honor for me to own the finest known 1975 No S Dime if even for just a few days,” he added. “As the owner of the unique 1976 No S silver Eisenhower dollar for many years now, the most valuable and rare U.S. modern coin in existence, I always dreamed of also owning the 1975 No S dime. That dream became a reality to me!”

This coin and the only other known 1975 proof No S dime originally were discovered by a California woman who purchased five proof sets from the United States Mint in 1975.

Justin Spivack stated: “When we were approached by our long-time good friend Nick Cascio on behalf of the owner of the Halcyon Collection, who is a very good customer of ours, I knew that he was the perfect person to own this crown jewel of modern numismatic history. His passion for Roosevelt dime collecting is truly second to none and as far as I’m concerned, the finest known ’75 No-S could not be going to a better home.”

Lifelong Roosevelt dime collector Heller, who partnered with the Spivacks to purchase the dime at auction, said “The ‘Roosie’ community is a very compatible group of dedicated collectors who have shared a long history of working together to help each other toward achieving the best sets possible. I am happy I was able to again assist a truly dedicated Roosie collector to acquire the coin of his dreams for what should soon be the first Hall of Fame Registry collection for Roosevelt dimes.”

Cascio, a collector of Roosevelt dimes for over 30 years, said his “greatest and proudest moment” was acquiring from the Spivacks and Heller “the rarest of all Roosevelt dimes on behalf of an astute collector who already has a world-class collection. With the addition of the ’75 No-S I have little doubt his set will become the first Roosevelt dime collection awarded Hall of Fame status by PCGS.”

Additional information about the fascinating acquisition of the coin and background about those involved in the history-making numismatic transactions is available online at www.MonsterCoinMart.com.

Veteran US Mint Official Joins NGC Hand-signed Label Program

Sep 12, 2019 |

Jon J. Cameron, who recently retired from his position as the US Mint’s Associate Director of Numismatic, Bullion and Coin Studies, has agreed to autograph certification labels exclusively for NGC.

Cameron was deeply involved in the production of many popular coins, including the Silver, Gold and Platinum Eagles. His 41 years of civil service also included time as an executive with the Bureau of Engraving and Printing and the Federal Reserve System.

“Jon Cameron is an ideal fit for our industry-leading Authentic Hand-signed Labels program,” said Mark Salzberg, NGC Chairman and Grading Finalizer. “He has played a key role in many of the most interesting and popular US coins of the last decade.”

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