Legislation signed into law Aug. 3 by President Biden authorizes a three-coin commemorative coin program for 2024 recognizing Civil War abolitionist Harriet Tubman. The Harriet Tubman Bicentennial Commemorative Coin Act, Public Law 117-163, calls for the production and release in Proof and Uncirculated versions combined of 50,000 gold $5 coins, 400,000 silver dollars and 750,000 copper-nickel clad half dollars. Beneficiaries are the National Underground Railroad Freedom Center in Cincinnati, Ohio, and The Harriet-Tubman Home Inc. in Auburn, New York. Coin World article: https://www.coinworld.com/news/us-coins/biden-signs-bill-for-2024-tubman-commemorative-coins
Every coin thats not intended for circulation is technically unnecessary. There's going to be 2 commemorates every year as there has been for quite a while. Their success depends on subject mater and more importantly the design. They would be smart to have lower mintages especially on the half which never comes close to selling out, but very few sell out in any form with the mintages they always get alloted. If it has a strong design it has a chance, if its another poor design like so many in recent years it will be another low selling flop thats cheaper on the after market
I have always wondered how much of the money actually go to the Beneficiaries and what they did with the funds. I never see the actual figures. I would hope that some good came from the program.
The only time I heard information about this was when the sales of the coins were not high enough to cover the mint's advertising costs. As I remember it, there were provisions to recover at least some more of the money from the group that was supposed to get the surcharge money. Tubman was a significant historical figure, but I can't see a three piece set, including a gold coin, honoring her. I wonder how many sets will be sold given that they will probably cost $800 by then.
It might make a cool short book if the information is even out there. I would bet that after everyone got a cut, little went to the actual cause it was intended for.
The proposal to put her on the $20 bill has turned her into a polarizing figure. If not for that, we probably wouldn't be facing several years of bitter complaints about a commemorative issue.
I think Tubman is a significant US historical figure and that coins will make a grand way to honor her.
I would have been in favor of a Quanah Parker Commemorative coin, especially if it was a gold $20.00 piece. A class above significant, in the history of the U.S., deserving of honor.
Eh, fair enough. Minty is well deserving, but its unfortunate it's only come to fruition after petty politics. I don't buy from the mint, but I can't say I never will so take that as you will. Maybe it would end up being among the better modern issues, garners enough interest to sell well, and ends up being a popular design. That kind of epitomizes the US Mint.
I don't think that the mint would ever issue a $20 gold commemorative coin if it were full size. The price would be too high to get very many sales with gold at $1,700 to $1,800 an ounce.
The first lady gold coins didn't sell and they melted most of them. (Right?) Unless someone with money even knows this is going on, these may not sell out.
Go look at world mints, the USA mint is still significantly cheaper than the average major world mint
One assumes these will have legal tender status. Now, will the silver dollars be REAL silver? and who spend them. The CN half-dollars should be okay since we know their metal content. But just like Kennedy CN halves I wonder if these will circulate. Time will tell. Oh, gee, maybe the Mint will sell rolls to the public postage free, like the Presidential dollars.