WASHINGTON-New feedback that indicates extremely strong demand for the 2014 National Baseball Hall of Fame Commemorative Coins, and a commitment to satisfy all customers, has prompted the United States Mint to impose new household ordering limits. The coins go on sale at noon Eastern Daylight Time (EDT) March 27.
The household order limits are:
Proof and Uncirculated $5 Gold Coins - 50 coins each
Proof and Uncirculated Silver Dollars - 100 coins each
Proof and Uncirculated Clad Half-Dollars - 100 coins each
"These coins commemorate important aspects of American history and culture, so we want to make sure a maximum number of customers have an opportunity to purchase this coin," said United States Mint Deputy Director Dick Peterson. "We had anticipated strong interest in this coin from the outset. However, the interest in the past few days prior to the coin even going on sale has caused us to take this action. We will evaluate these ordering limits on a regular basis and adjust or remove them accordingly."
Orders will be accepted at http://www.usmint.gov/catalog and at 1-800-USA-MINT (872-6468), while hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT. All domestic orders will be assessed a shipping and handling fee of $4.95 per order.
Public Law 112-152 authorizes the bureau to mint and issue up to 50,000 $5 gold coins, 400,000 $1 silver coins and 750,000 half-dollar clad coins in recognition and celebration of the National Baseball Hall of Fame, which celebrates its 75th anniversary in 2014. The unique coins' reverses (tails sides) are convex to more closely resemble a baseball, and the obverses (heads sides) are concave with a design depicting a baseball glove. Customer demand will determine the ratio of proof to uncirculated coins minted within the authorized mintage limits.
The proof $5 gold coin (product code B31) and the uncirculated $5 gold coin (product code B32) will be available at a price determined by the United States Mint's pricing strategy for precious metals numismatic products located at http://www.usmint.gov/catalog. The coins are being minted at the United States Mint's facility in West Point and are composed of 90 percent gold.
The proof $1 silver coin (product code B33) is available at the introductory price of $51.95 through April 28 at 5 p.m. EDT and $56.95 thereafter. The uncirculated $1silver coin (product code B33) will be available at the introductory price of $47.95 through April 28 at 5 p.m. EDT and $52.95 thereafter. The coins are being minted at the United States Mint's facility in Philadelphia and are composed of 90 percent silver.
The proof half-dollar clad coin (product code B35) is available at the introductory price of $19.95 through April 28 at 5 p.m. EDT and $ 23.95 thereafter. The uncirculated half-dollar clad coin (product code B36) will be available at the introductory price of $18.95 through April 28 at 5 p.m. EDT and $22.95 thereafter. The proof half-dollar clad coin is being produced at the United States Mint's facility in San Francisco, and the uncirculated half-dollar clad coin is being minted at the United States Mint's facility in Denver. Both coins are composed of 92 percent copper.
Surcharges of $35 for each $5 gold coin sold, $10 for each silver $1 coin sold, and $5 for each half-dollar clad coin sold are authorized to be paid to the National Baseball Hall of Fame, an independent not-for-profit educational institution, to help fund its operations.
About the United States Mint The United States Mint was created by Congress in 1792 and became part of the Department of the Treasury in 1873. It is the Nation's sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces numismatic products, including proof, uncirculated, and commemorative coins; Congressional Gold Medals; and silver and gold bullion coins. The United States Mint's numismatic programs are self-sustaining and operate at no cost to the taxpayer.
Note: To ensure that all members of the public have fair and equal access to United States Mint products, orders placed prior to the official on-sale date and time of March 27, 2014, noon EST shall not be deemed accepted by the United States Mint and will not be honored. For more information, please review the United States Mint's Frequently Asked Questions, Answer ID #175.