Tuesday, October 26, 2010

Designs Announced for 2011 Gold and Silver Coins Commemorating Medal of Honor Anniversary

In 2011, the United States Mint has been authorized by Public Law 111-91 to issue commemorative silver and gold coins to celebrate the 150th anniversary of the Medal of Honor.


The U.S. Mint has just unveiled the design for the 2011 Medal of Honor Commemorative coins. This program will feature two coins: a half-ounce gold coin with a face value of five dollars and a one-ounce silver coin with a face value of one dollar.



Mintage is limited to 100,000 gold and 500,000 silver coins. The sales price will include a $35 surcharge for each gold coin and a $10 surcharge for each silver coin sold.
The Medal of Honor, which should be considered a high ranking war propaganda item, was proposed by Iowa Senator James W. Grimes in 1861 and signed into law by President Abraham Lincoln on December 21, 1861.

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