For the first time in its 228-year history, the United States Mint will issue colorized coins. These first such vividly enhanced U.S. Mint offerings are none other than the 2020 Basketball Hall of Fame Basketball commemorative coins honoring the 60th anniversary of the Naismith Memorial Basketball Hall of Fame in Springfield, Massachusetts. These coins were originally intended for release back in April, but the COVID-19 pandemic caused their launch date to get pushed back to June.
Colorization of a limited number of 2020 Basketball Hall of Fame coins will be processed by an outside vendor, not by the United States Mint. The Mint issued a statement indicating that only some of the clad half dollars and silver dollars will receive this treatment, and that the coins will also be only partially colorized. Over the years, many United States coins have received colorization outside of the U.S. Mint – after the coins have been struck, but this is the first time such pieces will be produced by way of the government. Some may question whether it is permitted to add color to coins produced by the United States Mint. According to the U.S. Mint website, individuals may colorize specific coins, with some restrictions; you can learn more about this on the United States Mint website.
Meanwhile, the U.S. Mint began selling more standard versions of the 2020 Basketball Hall of Fame commemorative coins on June 4, 2020. The three different denominations – clad half dollar, silver dollar, and gold $5 – are being offered in uncirculated and proof formats, making for six different coins. There is also a seventh special coin offered, which is the non-colorized 2020 Enhanced Basketball Half Dollar. This is the first time the U.S. Mint has ever struck a commemorative coin with this special enhanced finish.
All of the 2020 Basketball Hall of Fame coins are struck on domed (or curved) planchets. The obverse has a concave face, while the reverse is convex. This is similar to the 2014 Baseball Hall of Fame coins produced by the U.S. Mint and also the Apollo 11 commemoratives made in 2019.
The maximum authorized mintage for the half dollar is set at 750,000 across all product options. The uncirculated clad half dollars have an issue price of $37 each, while the proof clad half dollars are issued at $39 each. Half dollars have a $5 surcharge that’s already included in the price and will be donated to the Naismith Memorial Basketball Hall of Fame.
The maximum authorized mintage for the silver dollars is set at 400,000 across all product options. Silver dollars have a $10 surcharge that will be sent to the Hall.
The $5 uncirculated and proof gold coins have a maximum authorized mintage 50,000 across all product options. The $5 gold coins entail a $35 surcharge set for the Hall.
Enhanced Half Dollar
The Basketball Hall of Fame 2020 Enhanced Uncirculated Clad Half Dollar Kids Set has a maximum authorized mintage of 75,000. These coins come with the special enhanced finish and each coin includes a colorful basketball-themed booklet designed especially for children. The enhanced half dollars also have a $5 surcharge that will be donated to the Naismith Memorial Basketball Hall of Fame. As of this writing, the coins are offered for $45 on the U.S. Mint website but are presently on backorder.
To order any of the 2020 Basketball Hall of Fame commemorative coins, visit the United States Mint website. If you would like to have your coins graded by PCGS and receive special labels and a limited-edition PCGS orange box to store your PCGS-graded coins, visit our grading specials page for more information. Additionally, PCGS will also include the 2020 Basketball Hall of Fame commemorative coins in the PCGS Set Registry, where collectors can display and share their collections online with others around the world.