The United States Mint will begin sales of the 2011 Medal of Honor Commemorative Coins tomorrow February 25, 2011 at 12:00 Noon ET. The $5 gold coins and silver dollars will be offered individually, in proof and uncirculated versions.
The program was authorized under Public Law 111-91 in order to recognize and celebrate the establishment of the Medal of Honor, America’s highest award for valor in action against an enemy force which can be bestowed to an individual serving in the U.S. Armed Forces. It also intended to honor the recipients of the Medal of Honor and promote awareness of what the Medal represents. The coins are issued on the 150th anniversary of the establishment of the award.
The 2011 Medal of Honor $5 Gold Coin depicts the original Medal of Honor authorized by Congress in 1861 as the Navy’s highest personal decoration. Inscriptions include “Liberty”, “In God We Trust”, “Medal of Honor”, and the dates “1861” and “2011”.
The reverse features an image of the full figure of Minerva, holding a shield in her right hand and Union flag in her left. A field artillery cannon and wheel of the Civil War era appear behind her. The figure of Minerva is based on the central image of the original Army and Navy Medals of Honor. The inscriptions include “United States of America”, “E Pluribus Unum”, and “$5”. The mint mark “P” appears on the uncirculated version, while “W” appears on the proof coin.
The 2011 Medal of Honor Silver Dollar includes the modern Army, Navy, and Air Force Medals of Honor. The ribbons are included to reflect the fact that the Medals are worn around the neck. Inscriptions include “In God We Trust”, “Liberty”, “Medal of Honor” and “1861-2011”.
On the reverse is a scene of an infantry solider carrying a wounded solider to safety under enemy fire. The image is intended to convey the courage, selfless sacrifice and patriotism of Medal of Honor recipients. The inscriptions include “United States of America”, “E Pluribus Unum”, and “One Dollar”. The uncirculated version carries the “S” mint mark, and the proof version carries the “P” mint mark.
The US Mint has not imposed household ordering limits on any of the coins. Maximum mintages of 100,000 gold coins and 500,000 silver dollars are established by the authorizing legislation. Although orders will be accepted starting tomorrow, shipping is not expected to begin until April 25, 2011.
Introductory pricing will be applicable from the start of sales until March 28, 2011 at 5:00 PM ET, after which point regular pricing will go into effect. Pricing for each option is shown below.
|$5 Gold Proof||$ 449.95||$ 454.95|
|$5 Gold Unc||$ 439.95||$ 444.95|
|Silver Dollar Proof||$ 54.95||$ 59.95|
|Silver Dollar Unc||$ 49.95||$ 54.95|
There seems to be a greater level of anticipation for the Medal of Honor Commemorative coins, as compared to the Army Commemorative Coins, which were released last month. Several readers have indicated their preference for the upcoming coins based on their designs, particularly the reverse of the $5 gold coin.
As explored previously, the Army commemorative coin sales are progressing somewhat slowly. After the typical rush of opening orders, weekly sales have ratcheted down quickly. It will be interesting to see how the Medal of Honor coins perform by comparison.
Numismatic America the Beautiful 5 oz. Silver Coins
Even though the collector versions of the America the Beautiful 5 oz. Silver Coins are supposed to be released in the first quarter, i.e. within one month and four days, the US Mint has still not provided details on pricing and the exact release date.
On Coin Update News, I have summarized the known information about the offering, including the authorization, mintages, special finish, and packaging. Hopefully, there will be some additional information soon, for now you can check out the article: America the Beautiful 5 Ounce Silver Uncirculated Coins.