H.R.1235 - Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
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Passed House and Senate. Awaiting signature of the President. To be issues in 2020.
Sponsor: Rep. Neal, Richard E. of MA (Introduced 02/27/2017)
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This bill directs the Department of the Treasury to mint and issue not more than 50,000 $5 coins, 400,000 $1 coins, and 750,000 half-dollar coins in recognition and celebration of the Naismith Memorial Basketball Hall of Fame.
The coins shall be in the shape of a dome, and the design on the common reverse of the coins shall depict a basketball. Treasury shall hold a competition to determine the design of the common obverse of the coins, which shall be emblematic of the game of basketball.
The bill requires all sales of such coins to include specified surcharges, which shall be paid by Treasury to the Hall to fund an endowment for increased operations and educational programming.
Comments
Interested to see how these look. I collect sports cards(including a good bit of basketball), but for whatever reason sports images on coins has never been that appealing to me. Thanks for posting this!
Ho hum.
But I'm sure the sports fanatics will strongly embrace. I shamelessly may be a flipper tho...
Silly. Greedy.
I do not follow any ball sports, so will not be participating in this one. Cheers, RickO
Sounds interesting !!!
I just saw this reported in coinnews.net. Maybe POTUS won't sign...
Let me see if I can find the right Jay Wardian.
"The bloom is off the rose"
Or
"If pro is the opposite of con, then the opposite of progress is..."
(If you have never seen an episode of Bullwinkle and Rocky, you had a deprived childhood.
)