Silver Dollar Commemorative Support By Pennsylvania Association of Numismatists (PAN) ……
The Pennsylvania Association of Numismatists (PAN) is calling on all fellow coin collectors to contact their United States Congressional Representatives to co-sponsor the H.R. 3757 Silver Dollar Commemorative legislation.
This House Bill will require the Secretary of the Treasury to mint coins in commemoration of the centennial of the minting of the Morgan dollar and the Peace dollar and shall mint and issue not more than a total of 500,000 one dollar coins of which shall weigh 26.73 grams; have a diameter of 1.500 inches; and contain not less than 90 percent silver. Coins minted under this Act shall be issued in uncirculated and proof finishes.
PAN President and Citizens Coinage Advisory Committee (CCAC) Chairman Thomas Uram and fellow CCAC member Michael Moran came up with the idea of the recreation of these popular silver dollars in 2021. Production of the Morgan dollar, which was at one time the workhorse of American industry, came to an end in 1921 and the new Peace dollar, commemorating the declaration of peace between the United States and the Imperial German government, debuted that same year.
The sale price of the coins has yet to be determined. The important aspect of this program is that 40% of the surcharges will be used to support numismatic education and will be administered by the American Numismatic Association (ANA) as required by law. The surcharges that have traditionally funded many causes and projects over the history of commemorative coin programs will actually be used to support numismatics for the first time ever. It is high time that the collectors that have financially supported these past programs will now reap a benefit within our own collecting community!
We are asking all numismatic organizations to support this effort and urge all of their members to contact their Congressional Representative. One hundred eighty-nine members of the House of Representatives are needed to co-sponsor this Bill to make these coins a reality. Collector support is essential to get this legislation into law. More information is available at www.PANcoins.org.
Find Your Representative by Zip Code at ziplook.house.gov.