United States coinage soon to feature color: Monday Morning Brief, May 2, 2016
Coin World’s Jeff Starck reports about a commemorative coin
that will become America’s first to display color. The 2018 Breast
Cancer gold $5 coin will display “pink” gold, playing off the color
pink that is so popular in Breast Cancer Awareness and exhibiting the
influence of the Royal Canadian Mint’s past coinage.
Full video transcript:
Good morning. Welcome to the Monday Morning Brief. I’m Jeff Starck of Coin World.
Collectors of United States commemorative coins could soon be seeing pink. The United States Congress has passed the Breast Cancer Awareness Commemorative Coin Act, and U.S. Mint officials have wasted no time in preparing for production of what will be the nation's first pink coin.
The same legislation introduced by U.S. Rep. Carolyn Maloney will also yield the first commemorative silver dollar whose composition could potentially be other than the traditional .900 fine coin silver.
The legislation was sent to President Obama on April 20 for his
signature after being passed by both the House and the Senate. The
legislation authorizes a three-coin program for 2018 that includes
the production of not more than 50,000 $5 half eagles to be made of
pink gold, which contains not less than 75 percent gold. Now, recent
gold commemorative coins have been 90 percent gold, with the balance
of the alloy in silver, or a combination of silver and copper.
The pink gold requirement is an homage to the Breast Cancer Awareness movement’s reliance on the color pink to spread its message. Sponsors of the legislation were influenced by the Royal Canadian Mint’s breast cancer quarter-dollar and a pink gold treatment applied to a commemorative cent coin marking the final 1-cent coin from Canada.
Whatever the hobby developments are, you can bet that Coin World will be there to share them with you. You can find us online at CoinWorld.com, at Facebook, on Twitter, and of course, in print in your mailbox.
For Coin World, I’m Jeff Starck. Happy collecting.