Types of Coins in the Basketball Hall of Fame Commemorative Coin Series
On April 4th, 2020, in conjunction with the Final Four basketball tournament in Atlanta, Georgia, large images of the designs will be unveiled during a special ceremony. The Naismith Basketball Hall of Fame has developed a strong marketing plan for the coins that seeks to create synergy between coin collectors and basketball fans. The roll-out of the series is being timed to coincide with the 2020 basketball season.
On that date, the Mint will begin accepting orders for the various product options in the program, which include uncirculated and proof versions of the clad half dollar, silver dollar, and $5 gold coin. Each will be offered individually in display boxes whose outside depicts a basketball, as does the certificate of authenticity for each coin.
Up to 750,000 half dollars will be struck, the uncirculated ones will be produced at the Denver Mint and the proofs at the San Francisco Mint. In addition 400,000 silver dollars will be struck, with both the uncirculated and proof specimens being produced at the Philadelphia Mint. 50,000 gold coins will also be struck, with both uncirculated and proof examples being produced at the West Point Mint. The final mintage figures will depend on demand.
Surcharges from the sale of each coin will be paid to the Naismith Memorial Basketball Hall of Fame for an endowment that will enable increased operations, scholarships, and educational programming.
In addition to these offerings, a 2020 Kid’s Basketball Set that features a 2020-S Enhanced Uncirculated basketball half dollar in special packaging will be available on April 4 and will be limited to 75,000 sets.