The 2012 Star-Spangled Banner commemorative gold and silver coins and a special two-coin set will go on sale at noon March 5.
The Star-Spangled Banner Commemorative Coin Act requires the Secretary of the Treasury to mint and issue up to 100,000 gold $5 coins and 500,000 silver $1 coins in commemoration of the 200th anniversary of the writing of the Star-Spangled Banner.
The proof and uncirculated gold coin will be market-priced weekly. The proof silver dollars will be on sale for $49.95 during a 30-day introductory period and will sell for $54.95 after April 5. The uncirculated silver coin will sell for $44.95 introductory and $49.95 regular.
A special two-coin Star-Spangled set will contain one proof silver and one proof gold coin. It will be priced weekly since it contains a gold coin.
The coins will be sold through mid-December 2012.
The gold and silver coin designs are emblematic of the War of 1812, particularly the Battle of Baltimore that served the basis of the lyrics of “The Star-Spangled Banner” National Anthem.
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Surcharges from the sales of the commemorative coins – $35 for each gold coin and $10 for each silver coin – are authorized to be paid to the Maryland War of 1812 Bicentennial Commission in support of the Bicentennial events, outreach and preservation of War of 1812-related sites. The surcharges are included in the price of the coins.
The new coins will be introduced March 5 at the Fort McHenry National Monument and Historic Shrine Visitor Center in Baltimore, Md.