Medal of Honor Coins

The United States Mint concluded sales of the 2011 Medal of Honor Commemorative Coins on December 16, 2011. The program had included $5 gold coins and silver dollars in proof or uncirculated versions.

The final reported sales figures are low when compared to other recent years. In particular, the gold coins represent some of the lowest mintage modern commemoratives issued by the Mint.

The table below summarizes the sales figures for each option of the program. All coins were offered for sale individually. There were no multi-coin sets or other special collectible products offered.

The Medal of Honor $5 Gold Coins realized total sales of 26,263. This was only 26.26% of the maximum authorized mintage of 100,000 coins. The Silver Dollars recorded total sales of 157,619, representing 31.52% of the 500,000 maximum authorized mintage.

Looking ahead, next year’s US Mint commemorative coin programs will feature the Infantry Soldier and the Star Spangled Banner.

The United States Mint has indicated that sales of the 2011 Medal of Honor Gold and Silver Commemorative Coins will conclude on December 16, 2011 at 5:00 PM ET.

Under the authorizing legislation, the coins may be issued during the 1-year period beginning on January 1, 2011. The earlier conclusion of sales is used in order to provide the necessary time for order processing and fulfillment before the end of the year.

At the current time, none of the available options have reached their maximum authorized mintages. The $5 gold coins are limited to 100,000 across the proof and uncirculated versions, while the silver dollars are limited to 500,000 across proof and uncirculated versions.

Recent US Mint sales figures are indicated below. These numbers reflect orders placed through October 3, 2011.

Until the conclusion of sales, the Medal of Honor Commemorative Coins can be purchased directly from the United States Mint at http://catalog.usmint.gov.

The current pricing is $59.95 and $54.95 for the proof and uncirculated silver dollars, respectively; and $497.85 and $487.85 for the proof and uncirculated $5 gold coins, respectively. The prices for the gold coins may vary from week to week, based on the average market price of gold.

Sales of the Medal of Honor Commemorative Coins began at the United States Mint on February 25, 2011. Initially, the $1 silver and $5 gold coin were available at introductory prices. After March 28, 2011, regular pricing went into effect.

Both coins, in either proof or uncirculated versions remain available for sale at the US Mint. Through the current date, sales have been somewhat steady. Collectors have purchased the Medal of Honor Silver Dollars in the largest quantities and have opted for the proof version. For the $5 gold coins, which have sold in smaller numbers likely due to the higher cost, the proof version was also favored.

The table below presents the sales figures for the 2011 Medal of Honor Commemorative Coins through May 22, 2011.

The $5 gold coin has a maximum authorized mintage of 100,000 across both versions of the coin. At the current time, sales have reached 19.15% of the maximum.

The silver dollar has a maximum authorized mintage of 500,000. So far sales to collectors account for 24.6% of this amount.

Sales of both coins are expected to continue at the United States Mint until the entire maximum mintage has been sold or until a pre-announced date prior to the end of the year.

Sales of the eagerly awaited 2011 Medal of Honor Commemorative Coins will begin on February 25, 2011. The coins will be available directly from the United States Mint. The program was authorized under Public Law 111-91.

The Medal of Honor $5 Gold coin will be available in uncirculated version struck at the Philadelphia Mint or proof version struck at the West Point Mint. Each coin has a composition of 90% gold and 10% alloy, and contains 0.242 troy ounces of pure gold. The maximum authorized mintage is 100,000 across both versions.

Pricing will be $449.95 and $439.95 for the proof and uncirculated versions, respectively, during an introductory period. After March 28, 2011, regular pricing of $454.95 and $444.95 will go into effect.

The Medal of Honor Silver Dollar will available in uncirculated version from the San Francisco Mint or proof version from the Philadelphia Mint. Part of the authorizing legislation requires each finish to be struck at a different facility. The coins are 90% silver and 10% copper, yielding silver content of 0.7736 troy ounces. A maximum authorized mintage of 500,000 coins is established across the two versions.

Introductory pricing will be $54.95 for the proof silver dollars and $49.95 for the uncircualted silver dollars. After March 28, prices will increase to $59.95 and $54.95.

Pricing information is now available for Medal of Honor Commemorative Coins. The United States Mint published details of the introductory and regular prices for both 2011 Commemorative Coin Programs.

The US Mint typically begins sales of commemorative coins at lower prices, which last for a pre-announced time period of about a month. After this point, higher pricing goes into effect. Due to the incentive of lower prices, a large portion of sales usually take place within the introductory period.

The 2011 Medal of Honor Commemorative Coins are scheduled to go on sale February 25, 2011. Collectors can order the coins online, by phone, or by mail order from the United States Mint.

Coins include $5 gold coins depicting the original Medal of Honor and Minerva, in proof and uncirculated qualities. Silver dollars are also issued in proof and uncirculated versions depicting the modern Medals of Honor for the Army, Navy, and Air Force, as well as a scene of an infantry soldier carrying a wounded comrade to safety.

The proof $5 gold coin is priced at $449.95 for the introductory period, with regular pricing of $454.95. The uncirculated version will be $439.95 introductory and $444.94 regular.

The proof silver dollars will be $54.95 introductory and $59.95 regular. The uncirculaeted version is set at $49.95 introductory and $54.95 regular.