New $5 will be of pink gold
A pink gold $5 coin will top a three-coin commemorative set that will be offered to collectors March 15, 2018. Pink and the pink ribbon symbolize Breast Cancer Awareness, which…
A pink gold $5 coin will top a three-coin commemorative set that will be offered to collectors March 15, 2018.
Pink and the pink ribbon symbolize Breast Cancer Awareness, which the coins will commemorate.
Designs for the three coins were unveiled Oct. 23 in New York City at the Breast Cancer Research Foundation’s headquarters.
All three coins will share a common obverse design, and the reverse will be the same except for the denominations.
Leading the dignitaries at the event was Myra Biblowit, president and CEO of BCRF.
She was joined by Rep. Carolyn B. Maloney, BCRF Chief Mission Officer Dr. Marc Hurlbert, Director at the U.S. Mint Office of Design & Management April Stafford, and a number of breast cancer survivors.
Maloney introduced the legislation that created the coin program, which directs surcharges to go to the BCRF for research.
Maximum mintages authorized are 50,000 for the gold $5, 400,000 for the silver dollar, and 750,000 for clad half dollars. Surcharges are $35, $10 and $5 per coin, respectively.
If all coins are sold, the foundation would receive up to $9.5 million. All costs of coinage need to be paid before money is released to the recipient organization. No taxpayer funds are used.
“The Breast Cancer Research Foundation is tackling breast cancer from every angle – learning how to defeat cancer from the start, slow its progress and one day stop it from occurring altogether,” said Biblowit. “As the highest rated breast cancer organization in the country, dollars donated through the Breast Cancer Commemorative Coin will achieve maximum impact: fueling research to save lives.”
The proof and uncirculated gold $5s will be struck at West Point. The proof and uncirculated silver dollars will be produced at Philadelphia.
San Francisco will strike proof clad half dollars, while Denver will coin the uncirculated versions.
Emily Damstra, a Mint Artistic Infusion Program member, created the two designs.
Sculpting the obverse design was Mint Sculptor-Engraver Phebe Hemphill. The reverse was done by Mint Sculptor-Engraver Renata Gordon.
This article was originally printed in Numismatic News. >> Subscribe today.
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