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Senate Passes National BB HOF Commemorative Coin Act

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  • Senate Passes National BB HOF Commemorative Coin Act

    Senate Passes National Baseball Hall of Fame Commemorative Coin Act

    July 16, 2012 By Michael Zielinski

    On July 12, 2012, the Senate passed H.R. 2527: National Baseball Hall of Fame Commemorative Coin Act. The bill had originally been introduced on July 14, 2011 by Rep. Richard Hanna of New York and was passed in the House of Representatives on October 26, 2011. In order to become law, the House must approve amendments to the original bill made by the Senate, and then the bill must be signed by the President.

    The bill will require the Secretary of the Treasury to mint and issue up to 50,000 $5 gold coins, up to 400,000 silver dollars, and up to 750,000 clad half dollars in recognition of the National Baseball Hall of Fame. It is suggested that to the extent possible without significantly adding to the purchase price, the gold coins and silver dollars should be produced so that the reverse is convex to more closely resemble a baseball and the obverse is concave for dramatic display of the design.

    The designs for the coins will be selected by the Secretary following consultation with the National Baseball Hall of Fame, the Commission of Fine Arts, and review by the Citizens Coinage Advisory Committee. The Secretary is directed to hold a competition to determine the common obverse design of all three coins, which will be emblematic of the game of baseball. Potential designs may be accepted from artists, engravers of the United States Mint, and members of the public with compensation for the winning design of at least $5,000. The common reverse design of the coins will depict a baseball similar to those used by Major League Baseball.

    Surcharges will be added to the cost of each coin in the amount of $35 per gold coin, $10 per silver coin, and $5 per half dollar, which will be distributed to the Secretary of the National Baseball Hall of Fame to help finance its operations.

    One of the amendments included in the bill passed by the Senate specifies that the commemorative coins may be issued only during the 1-year period beginning on January 1, 2014. The original version of the bill as well as a separate bill introduced in the Senate had both specified issuance in 2015. An additional amendment requires financial assurances that the minting and issuing of the coins will not result in any net cost to the United States government.


    http://news.coinupdate.com/senate-pa...coin-act-1482/
    X
    What's THAT guy doing?
    - one of the YES Network broadcasters, after the camera cut to me doing the thumbs-down after Todd Frazier's home run

  • #2
    That is all well and good, but how silly is this when our do-nothing Congress gets around to anything at all involved with baseball. The gutless wonders can't agree or even compromise on anything else.

    Don't get me started. :dismay:
    Catfish Hunter, RIP. Mark Fidrych, RIP. Skip Caray, RIP. Tony Gwynn, #19, RIP

    A fanatic is someone who can't change his mind and won't change the subject. -- Winston Churchill. (Please take note that I've recently become aware of how this quote applies to a certain US president. This is a coincidence, and the quote was first added to this signature too far back to remember when).

    Experience is the hardest teacher. She gives the test first and the lesson later. -- Dan Quisenberry.

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    • #3
      Originally posted by abolishthedh View Post
      That is all well and good, but how silly is this when our do-nothing Congress gets around to anything at all involved with baseball. The gutless wonders can't agree or even compromise on anything else.

      Don't get me started. :dismay:
      I certainly understand the viewpoint, but I'd like to remind everyone that this is about the limit of what I'll accept in terms of discussion of politics.
      Seen on a bumper sticker: If only closed minds came with closed mouths.
      Some minds are like concrete--thoroughly mixed up and permanently set.
      A Lincoln: I don't think much of a man who is not wiser today than he was yesterday.

      Comment


      • #4
        Originally posted by abolishthedh View Post
        That is all well and good, but how silly is this when our do-nothing Congress gets around to anything at all involved with baseball. The gutless wonders can't agree or even compromise on anything else.

        Don't get me started. :dismay:
        Yep, and that's my Congressman (Richard Hanna, R-NY). Good to see he's focusing on the important issues, and not wasting his time and my tax dollars on frivolous things.
        They call me Mr. Baseball. Not because of my love for the game; because of all the stitches in my head.

        Comment


        • #5
          This is going to happen.

          President Obama signed the bill into law yesterday.

          Source: http://coinsblog.ws/2012/08/baseball...emorative.html
          X
          What's THAT guy doing?
          - one of the YES Network broadcasters, after the camera cut to me doing the thumbs-down after Todd Frazier's home run

          Comment


          • #6
            Originally posted by ol' aches and pains View Post
            Yep, and that's my Congressman (Richard Hanna, R-NY). Good to see he's focusing on the important issues, and not wasting his time and my tax dollars on frivolous things.
            This is really nothing new. There are commemorative coins about every year, it seems. It's a very minor part of what goes on and not exactly a regular part of the legislation.

            In other words, not a target. It's the Hall's turn. And the local guy is the guy who pushes it forward.
            Dave Bill Tom George Mark Bob Ernie Soupy Dick Alex Sparky
            Joe Gary MCA Emanuel Sonny Dave Earl Stan
            Jonathan Neil Roger Anthony Ray Thomas Art Don
            Gates Philip John Warrior Rik Casey Tony Horace
            Robin Bill Ernie JEDI

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            • #7
              If I read the article right the BB HOF stands to make over $9M on this deal.
              Buck O'Neil: The Monarch of Baseball

              Comment


              • #8
                Any artists out there? Maybe YOU can design the new Baseball Hall of Fame commemorative coin...
                Baseball coin design contest open to public

                By Paul Gilkes | 03-25-13
                Article first published in April 08, 2013, U.S. Collectibles section of Coin World

                The U.S. Mint on April 11 will launch an open, public design competition for the shared obverse to be used for three 2014 National Baseball Hall of Fame coins.

                A congressionally led ceremony will be held April 11 in Washington, D.C., formally announcing the design competition. April 11 also begins the 30-day period during which the Mint will accept design submissions for the competition, according to Tom Jurkowsky, director of the U.S. Mint’s Office of Public Affairs.

                The winning design will be used as the common obverse for the 2014 National Baseball Hall of Fame commemorative gold $5 half eagle, silver dollar and copper nickel clad half dollar.


                Link to the complete article: here.
                X
                What's THAT guy doing?
                - one of the YES Network broadcasters, after the camera cut to me doing the thumbs-down after Todd Frazier's home run

                Comment


                • #9
                  I've never competed for a shared obverse before. I better start training.
                  Dave Bill Tom George Mark Bob Ernie Soupy Dick Alex Sparky
                  Joe Gary MCA Emanuel Sonny Dave Earl Stan
                  Jonathan Neil Roger Anthony Ray Thomas Art Don
                  Gates Philip John Warrior Rik Casey Tony Horace
                  Robin Bill Ernie JEDI

                  Comment


                  • #10
                    Originally posted by Captain Cold Nose View Post
                    I've never competed for a shared obverse before. I better start training.
                    I suggest this as a model...
                    cobbgroin.jpg
                    "If I drink whiskey, I'll never get worms!" - Hack Wilson

                    Comment


                    • #11
                      Originally posted by ol' aches and pains View Post
                      Yep, and that's my Congressman (Richard Hanna, R-NY). Good to see he's focusing on the important issues, and not wasting his time and my tax dollars on frivolous things.
                      He's not just your Congressman, he's also mine -- we must be neighbors.

                      Originally posted by KCGHOST View Post
                      If I read the article right the BB HOF stands to make over $9M on this deal.
                      More relevantly, though, his district also includes Cooperstown, NY. So his introduction of this legislation is designed to promote commerce and tourism in the region he represents, which can be fairly understood as a big part of his job.

                      Comment


                      • #12
                        From the article that Gary Dunaier clipped:

                        By Paul Gilkes | 03-25-13
                        Article first published in April 08, 2013, U.S. Collectibles section of Coin World
                        First published on April 8, 2013???? How can you have a reprint almost two weeks BEFORE an article is printed?

                        Okay. Sorry. That is off topic. On topic: Normally I roll my eyes over Yet Another Collectible Coin set--but I have to admit that I kind of want to get this one.
                        "You can hate a man for many reasons. Color is not one one of them."--Pee Wee Reese

                        Comment


                        • #13
                          CCAC Reviews 2014 National Baseball Hall of Fame Commemorative Coin Reverse Designs

                          March 27, 2013 By Michael Zielinski

                          At a meeting held on March 11, 2013, the Citizens Coinage Advisory Committee (CCAC) reviewed and discussed the design candidates for the 2014 National Baseball Hall of Fame Commemorative Coins . . . . .

                          The CCAC reviewed six different reverse design candidates provided by the United States Mint for the gold coin, silver dollar, and half dollar. The six variations were the same across the three different different coins with the exception of the inscription of the denomination . . . . .

                          During the meeting, some members brought forth the possibility of issuing the half dollar from the program for circulation with an unlimited mintage. This could attract broad attention and potentially earn a significant amount of seigniorage as the public saved the coins from circulation. The authorizing legislation for the program currently provides for the half dollar to be a numismatic coin which would be sold to collectors at a premium. Any change would require an Act of Congress.


                          The above is an extract. The complete article, including images of the reverse design candidates, can be found here.
                          X
                          What's THAT guy doing?
                          - one of the YES Network broadcasters, after the camera cut to me doing the thumbs-down after Todd Frazier's home run

                          Comment


                          • #14
                            Originally posted by Cougar View Post
                            He's not just your Congressman, he's also mine -- we must be neighbors.
                            Just keep your mutt off my lawn, and we'll be fine.
                            They call me Mr. Baseball. Not because of my love for the game; because of all the stitches in my head.

                            Comment


                            • #15
                              Calcaterra: http://hardballtalk.nbcsports.com/20...medium=twitter

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