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What are commemorative coins?

April 26, 2017Coins commemorative

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What are commemorative coins?

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AnswerCommemorative coins are authorized by Congress to celebrate or honor American people, places, events, or institutions. Surcharges from the sales of these coins help fund a variety of organizations and projects. The restorations of Mount Rushmore, the Statue of Liberty, for instance, were both funded in part by funds from commemorative coin sales. Newly minted United States commemorative coins are only available directly from the United States Mint for a limited time, although they are subsequently available from collectors and coin dealers on the secondary market.

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Commemorative coins are authorized by Congress to celebrate or honor American people, places, events, or institutions. Surcharges from the sales of these coins help fund a variety of organizations and projects. The restorations of Mount Rushmore, the Statue of Liberty, for instance, were both funded in part by funds from commemorative coin sales. Newly minted United States commemorative coins are only available directly from the United States Mint for a limited time, although they are subsequently available from collectors and coin dealers on the secondary market.