Baseball coins on the way?

A three-coin commemorative set for 2015 would benefit the Baseball Hall of Fame at Cooperstown, N.Y. Up to 50,000 gold $5 coins, 400,000 silver dollars and 750,000 copper-nickel halves make up the proposal.

A three-coin commemorative set for 2015 would benefit the Baseball Hall of Fame at Cooperstown, N.Y.

Up to 50,000 gold $5 coins, 400,000 silver dollars and 750,000 copper-nickel halves make up the proposal.
The legislation passed the House on Oct. 26.

The proposal calls for the $1 coins and $5 coins to be produced in a fashion similar to the 2009 International Year of Astronomy coins issued by Monnaie de Paris, the French Mint, so that the reverse of the coin is convex to more closely resemble a baseball and the obverse concave. This, the bill says, would provide a more dramatic display of the obverse design.

Do you know which modern commemoratives have the best potential for profit?

The impetus is the 75th anniversary of the Baseball Hall of Fame.

The measure was introduced in July by Rep. Richard L. Hannah, R-NY, himself a resident of Cooperstown, serving his first term in Congress. There are 296 co-sponsors. On the final House vote, only three members opposed the measure, including Rep. Ron Paul, R-Texas, chairman of the coinage subcommittee, and candidate for president.

Paul’s objections have to do with commemorative coinage in general, not the specifics of this particular bill. The measure now goes to the Senate.

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