US Mint to issue 2014 CURVED coins to commemorate HOF

ASTROBURN · Dec 19, 2013

Visit their site to see the "curve"

http://www.usmint.gov/batterup/?action=curvedcoin

The National Baseball Hall of Fame Commemorative Coin Act (Public Law 112-152), signed into law on August 3, 2012, requires the Secretary of the Treasury to mint and issue up to:

50,000 $5 gold coins
400,000 $1 silver coins
750,000 half-dollar clad coins

These coins are being issued in recognition and celebration of the National Baseball Hall of Fame, which celebrates its 75th anniversary in 2014.

The National Baseball Hall of Fame Coins are scheduled to go on sale in early 2014.

Gold coin

Silver coin

Clad coin

Common side

George_Calfas · Dec 19, 2013

These will probably be worth something to those who know or prospect coins.

A_Pharis · Dec 19, 2013

Gonna get one of each. Should run about $60.

rookieaddict · Dec 19, 2013

Really like this, will definitley pick up a set

r2d2 · Dec 19, 2013

I am in for them

tribefan26 · Dec 19, 2013

Based on current prices the gold coin will be in the $400 range, the silver dollar will run about $60 and the half-dollar about $20. If gold and silver prices change drastically before they are launched the prices will change.

sportscardtheory · Dec 19, 2013

These look awesome.

rookieaddict · Dec 19, 2013

tribefan26 said:
Based on current prices the gold coin will be in the $400 range, the silver dollar will run about $60 and the half-dollar about $20. If gold and silver prices change drastically before they are launched the prices will change.

The release has the prices on it. $35/$10/$5

r2d2 · Dec 19, 2013

rookieaddict said:
The release has the prices on it. $35/$10/$5

It has them as surcharges. I think what they mean is that those prices will be added to the cost of the coin to help fund the Hall of Fame. No way a gold coin is $35.

rookieaddict · Dec 20, 2013

r2d2 said:
It has them as surcharges. I think what they mean is that those prices will be added to the cost of the coin to help fund the Hall of Fame. No way a gold coin is $35.

Ah, I see. Thanks

rsmath · Dec 21, 2013

r2d2 said:
No way a gold coin is $35.

It could be plated gold, right? That way, there can be gold appearance and actual gold metal on the coin at a fraction of the price of what a solid gold coin would cost.

jmc280zx · Dec 21, 2013

$5 Gold

Weight:	8.359 grams nominal
Composition:	90% gold, 10% alloy
Mintage Limit:	50,000 across all product options
Height of Dome:	0.085 inches

$1 Silver

Weight:	26.73 grams nominal
Composition:	90% silver, 10% copper
Mintage Limit:	400,000 across all product options
Height of Dome:	0.150 inches

1/2 Dollar Clad

Weight:	11.34 grams nominal
Composition:	92% copper, 8% nickel
Mintage Limit:	750,000 across all product options
Height of Dome:	0.058 inches

rsmath · Dec 21, 2013

jmc280zx said:
$5 Gold

Weight: 8.359 grams nominal
Composition: 90% gold, 10% alloy

ok, approx $350 in gold at today's rough prices.

Not a coin collector other than picking up one of each presidential dollar, so I have to ask why it's a $5 gold coin. So the mint can charge a lot more for the coin because of its cost to make (say $375-400 sale price) than what it would be worth if you tried to use it as legal tender ($5)?

jmc280zx · Dec 21, 2013

rsmath said:
ok, approx $350 in gold at today's rough prices.

Not a coin collector other than picking up one of each presidential dollar, so I have to ask why it's a $5 gold coin. So the mint can charge a lot more for the coin because of its cost to make (say $375-400 sale price) than what it would be worth if you tried to use it as legal tender ($5)?

I think it has to do with the amount of gold in the coin...

There is roughly 1/4 oz in the this coin and a $20 gold "eagle" coin is 1oz... (even though the $5 Eagle is 1/10oz)

Might be doing the math wrong but this is what I get Gold "Spot" price per gram is $38.69 x 8.359 grams (weight of coin) $323.40971 x .90 (% of coin weight that is gold) = $291.068739 in gold per coin...

r2d2 · Dec 21, 2013

rsmath said:
ok, approx $350 in gold at today's rough prices.

Not a coin collector other than picking up one of each presidential dollar, so I have to ask why it's a $5 gold coin. So the mint can charge a lot more for the coin because of its cost to make (say $375-400 sale price) than what it would be worth if you tried to use it as legal tender ($5)?

The face value on silver and gold coins is just nominal, representative. I don't really know coin law in the US, but at least in Mexico you can't use commemorative silver or gold coins as legal tender.

Also, the mint doesn't charge what it costs to make, it charges the cost of the metal at the moment of sale.

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US Mint to issue 2014 CURVED coins to commemorate HOF

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