The Circulating Collectible Coin Redesign Act of 2020: What it means for the hobby
I just caught this on Coin Update, I'm not sure if this information was posted here before. Here are just a few items the talk about.
On January 13, 2021, President Donald Trump signed into law a bill known as the “Circulating Collectible Coin Redesign Act of 2020.” The bill was first introduced in the House of Representatives by Rep. Barbara Lee, D-CA, on March 27, 2020, and is quite comprehensive, affecting every circulating coinage denomination from the cent to the dollar over the next nine years, plus significant new medals and silver bullion coins.
Here is a summary of some of the changes the Circulating Collectible Coin Redesign Act of 2020 brings in the near future:
Coins involved: Quarter dollars, 2022–2025.
Directing the Treasury Department, through the U.S. Mint, “to mint and issue quarter-dollar coins in commemoration of the ratification of the Nineteenth Amendment granting women the right to vote. The design on the reverse of each coin shall be emblematic of the accomplishments and contributions of a prominent woman who was a resident of a state, the District of Columbia, or a U.S. territory.” Effective January 1, 2022, through the end of 2025, the Secretary of the Treasury “shall issue quarter dollars that have designs on the reverse selected in accordance with this subsection which are emblematic of the accomplishment of a prominent American woman.”
The act provides for up to five coins per year. Coins will feature one prominent woman on the reverse while maintaining George Washington’s likeness on the obverse and flexibility in the placement of inscriptions. Women depicted may be selected from fields and accomplishments such as “suffrage, civil rights, abolition, government, humanities, science, space, and arts.”
Dennis Tucker, publisher of Whitman Publishing (maker of the Guide Book of United States Coins, known as the “Red Book”) and numismatic specialist on the Treasury Department’s Citizens Coinage Advisory Committee, said:
This new coin program is unique and exciting. It marks the first time Congress will use a series of circulating coins to honor prominent Americans. We’ve had popular quarters that celebrate the states and territories. We’ve had the National Park quarters. This program is different, and equally historic. It will honor not only people, but specifically American women, and the law mentions ethnic, racial, and geographical diversity. The opportunities are immense.
250 YEARS OF AMERICAN INDEPENDENCE
Coins involved: Cent, nickel, dime, quarter, half dollar, and dollar, 2026.
The issuance of redesigned circulating coins emblematic of the United States semiquincentennial (the 250th anniversary of the Declaration of Independence). Commencing on January 1, 2026, for a one-year period, the Treasury Secretary “may issue quarter dollars in 2026 with up to five different designs emblematic of the United States semiquincentennial.” One of the quarter dollar designs will be emblematic of “a woman’s or women’s contribution to the birth of the Nation or the Declaration of Independence or any other monumental moments in American History.” Also provided for are one-dollar coins emblematic of the United States semiquincentennial.
This section of the legislation also allows the Treasury to redesign, for the year 2026, every other circulating U.S. coin—the Lincoln cent, the Jefferson five-cent nickel, the Roosevelt dime, and the Kennedy half dollar.
“The importance of this coin redesign can’t be overstated,” said Tucker. “The 1776–1976 Bicentennial coinage opened the eyes of generations of Americans to the coins in their pocket change. The Bicentennial quarter in particular embodied the idea of ‘circulating commemoratives’ in a way that no other coins had to that point. People still save them when they get them in change today, more than forty years later! Coming in 2026, the complete floor-to-ceiling redesign of America’s coins has the potential to get millions of people looking at their small change again.”
NEW PORTRAITS IN 2027
Coins involved: Quarter dollar and half dollar, 2027 and beyond.
Significantly, the Semiquincentennial section states that in 2027 the quarter and half dollar will bear likenesses of George Washington and John F. Kennedy, respectively—but not necessarily the original 1932 and 1964 likenesses by John Flanagan and Gilroy Roberts.
“This opens up the possibility of new portraits on two American coins, including the workhorse of U.S. circulating coins, the quarter dollar,” said Tucker. “Collectors are used to seeing new reverse designs come out in recent years. But new obverse portraits? That’s a game changer.”