Editor's note: The Top 10 Stories of 2014 have been judged
by Coin World staff to be the most impactful and memorable
numismatic stories of the past year. They are not ranked in any
See all of the Top 10 Stories of 2014
In baseball parlance, the U.S. Mint hit a walk-off grand slam with its three-coin program
celebrating the National Baseball Hall of Fame in 2014.
The Proof and Uncirculated silver dollar and Proof and Uncirculated
gold $5 coins quickly sold out their mintage limits after going on sale March 27.
The gold $5 half eagle sold out of its maximum authorization of 50,000
coins within four days of the start of sales.
The silver dollar’s maximum authorization of 400,000 coins was
reported sold out within the first two weeks of sales. Late in
December, the U.S. Mint briefly put 3,500 examples of the silver
dollar back on sale, due to order cancellations, and
those quickly sold as well.
Prices in the secondary market spiked for the silver and gold
issues, with major grading services and private companies scuffling to
issue dozens of types of special grading insert labels with baseball players’ signatures.
A limited number of coins were sold at a coin show in Baltimore, and some of them were quickly
encapsulated and offered for resale, with prices for those coins soaring immediately after release.
Average retail prices for examples of the gold coin in original packaging or encapsulated
by grading firms soon nearly doubled the issue price. Silver coin
prices also increased, to double their issue price and beyond.
Prices have settled in recent months.
Besides celebrating the sport that has been described as “America’s
national pastime,” another factor of the coins’ success was the technological breakthrough they represented —
the congressional legislation for the program mandated that the U.S.
Mint strike the silver and gold coins with a concave and convex shape.
The obverse is struck concave while the reverse is convex.
During the design process, complementary designs were
chosen, with a baseball glove cupped on the obverse and a baseball
rounding the reverse.
While such coins are common in world coin production, the concave/convex shape
posed new challenges to the U.S. Mint, which had to develop new
technologies to meet the challenge.
Instead of merely following the law, the Mint exceeded its mandate, striking even the Proof
and Uncirculated 2014 National Baseball Hall of Fame copper-nickel
clad half dollars in the concave/convex shape. The clad coin’s
mandated mintage limit was 750,000 coins.
The Mint’s Dec. 28 sales report indicates sales of only 436,163 of
the half dollars through that date; however, the coin was taken off
sale shortly before that sales report update.
The special shape and simple, complementary designs are some reasons
the program was a real “hit” with collectors.