Commemorative Coin Series
Many basketball fans out there know that 2020 is the 60th Anniversary of the Naismith Memorial Hall of Fame. Fans can also partake in the celebration of this momentous anniversary with these 2020 Basketball Hall of Fame Anniversary coins! Inspired by the success of the 2014 National Baseball Hall of Fame coins, the US Mint has struck a limited edition coin series with the Naismith Memorial Hall of Fame. These coins come in gold and silver with proof and uncirculated finishes. Additionally, these basketball coins come in denominations of $5 (gold), $1 (silver), and silver half dollars.
Additionally, the Philadelphia Mint struck the stunning silver coins, whereas the West Point Mint produced the gorgeous gold coins. The US Mint also set up surcharge amounts from the sales of these coins to be donated to the Hall of Fame. These coins support a charitable opportunity to fund an endowment that will increase operations and educational program opportunities. Do not miss your shot to obtain one of these coins whether it is for your collection, or your favorite athlete and sports fan.
Naismith Hall of Fame
The Naismith Hall of Fame is named after the physical education teacher who invented basketball: James Naismith. Naismith worked at the YMCA International Training School in Springfield, Massachusetts. He introduced this new game to his class of young men in 1891. Just three years later in 1894, basketball reached international status with games in France, China, India, and over a dozen other countries. However, the US’s entry into World War II postponed the Hall of Fame’s opening as a memorial to James Naismith. Nevertheless, after the war, the Hall of Fame opened in 1959 by announcing its first-class inductees. In particular, these inductees included James Naismith, three coaches, and those whose support helped secure the game as an official sport.
The Hall of Fame opened its doors as a museum and a nonprofit, independent organization also in Springfield. Above all, their mission is to promote, celebrate, and preserve the game of basketball for everyone. They also support all teams without discriminating including whether the team is amateur or professional and foreign or domestic. Furthermore, the Hall of Fame has over 400 inductees from its sixty years of operation. Specifically, these inductees can include players, all-time excellent coaches, referees, and other great contributors to the sport. To celebrate this legacy, the US Mint struck these beautiful anniversary coins for the Naismith Hall of Fame.
Captivating Anniversary Coins Design
All the coins in the Basketball Hall of Fame program share a unique dome-shaped design to mirror the likeness of a basketball. The obverse features Justin Kunz’s winning design from the public competition for the anniversary coin. He is an artist from the US Mint Artistic Inclusion Program (AIP). This design captures how strenuous the sport is, both physically and mentally, by having three different players reach for a basketball above their heads. All three players highlight how the sport spreads to many different athletes from different walks of life. Furthermore, the border and background of the coin create a basketball hoop. This intelligent design draws a visual of an impending score by the three players. Also, the reverse classically shows off AIP designer Donna Weaver’s illustration of a basketball about to fall into a hoop.
Special Edition Anniversary Coins label
PCGS and NCG offer special labels in conjunction with grading the coins. Do not let this opportunity pass! PCGS and NGC usually retire special labels, which gives this coin a special rarity that may increase over time. Bullion Exchanges will carry the Basketball Celebration special label (NGC) and the Naismith Memorial Basketball Hall of Fame Logo label (PCGC).
- Limited Mintage of 50,000
- Limited Edition NGC Basketball Label
- Made from .90 fine gold with a weight of 8.359 grams
- Graded NGC PF 70 with FDOI Designation
- Proof condition
- Face value of $5 USD
- Surcharge of $35 authorized by the US Mint to fund an endowment for the Hall of Fame
- Coin will be dome-shaped
- Obverse: Justin Kunz design of three players reaching for a basketball. Inscriptions: “LIBERTY”, “IN GOD WE TRUST”, and “2020” along with the W mintmark and the initials of the artist.
- Reverse: Displays Donna Weaver’s design of a basketball about to pass through a hoop. Inscriptions: “UNITED STATES OF AMERICA”, “E PLURIBUS UNUM”, and “FIVE DOLLARS”.
- Limited Edition NGC Basketball Label
- Made from .999 fine silver with a weight of 26.73 grams
- Graded NGC MS 70 with FDOI label
- Face value of $1 USD
- Surcharge of $10 authorized by the US Mint to fund an endowment for the Hall of Fame
- Coin will be dome-shaped
- Obverse: Justin Kunz design of three players reaching for a basketball. Inscriptions: “LIBERTY”, “IN GOD WE TRUST”, and “2020” along with the Philadelphia mintmark and the initials of the artist.
- Reverse: Displays Donna Weaver’s design of a basketball about to pass through a hoop. Inscriptions: “UNITED STATES OF AMERICA”, “E PLURIBUS UNUM”, and “ONE DOLLAR”.
- Made from .833 nickel and balanced with copper. Weighs 11.340 grams.
- Graded NGC PF 70 with Early Releases label
- Proof finish
- Face value of $0.50 USD
- Surcharge of $5 authorized by the US Mint to fund an endowment for the Hall of Fame
- Coin is dome-shaped
- Obverse: Justin Kunz design of three players reaching for a basketball. Inscriptions: “LIBERTY”, “IN GOD WE TRUST”, and “2020” along with the San Francisco mintmark and the initials of the artist.
- Reverse: Displays Donna Weaver’s design of a basketball about to pass through a hoop. Inscriptions: “UNITED STATES OF AMERICA”, “E PLURIBUS UNUM”, and “HALF DOLLAR”.
About the US Mint
In 1792, the US Mint opened for operations to capture and create national history through its coins. As the sole manufacturer of legal tender coinage in the US, they also strike Congressional Gold Medals and other coin-related products. This is among the oldest and most respected US agencies in the federal government. They are best known for the first US minted bullion coins and the American Eagle coins in gold and silver.
Your Trusted Precious Metals Retailer
This 60th Anniversary is a momentous occasion that Bullion Exchanges is honored to be a part of. We want to help our customers celebrate this by offering you these 2020 Basketball Hall of Fame Anniversary coins alongside our wide selection of US Mint coins. Before you finish your order of this 2020 Basketball Hall of Fame coin, don’t forget to peruse our collection of US Mint Commemorative coins in gold and silver. Among these classics are the US Mint Olympic coins and 2014 National Baseball Hall of Fame coins. When you purchase from Bullion Exchanges, we will securely package and deliver your order to your address. Please feel free to contact us with any questions because our expert customer service team is happy to assist you.