A potentially exciting new legislation is currently in the House of Representatives that could greatly impact the American Numismatic Association (ANA). Under the legislation, a Morgan and Peace dollar would be struck in 2021, both carrying the famed CC mint mark for Carson City.
The legislation is H.R. 3757 and was introduced on July 16, 2019. It authorizes a maximum production of 500,000 proof and uncirculated Morgan and Peace dollars that wold be authorized under the 2021 Commemorative Silver Coin Act.
For ANA members, the important point is the 40% of proceeds from the sales of the coins would go to the organization to help fun educational programs.
Coin collectors soon could purchase 2021-CC Morgan and Peace silver dollars that support the American Numismatic Association (ANA) and the hobby. ANA members are strongly encouraged to visit money.org/coin-legislation to contact your legislator to voice your support for the law.
Here is the full Press Release from the ANA.
Legislation was introduced on July 16 (H.R. 3757) to authorize production of 2021-dated dollar coins to mark the 1921 transition from the Morgan to the Peace designs. A combined maximum production of 500,000 proof and uncirculated Morgan and Peace dollars would be authorized under the 2021 Commemorative Silver Dollar Coin Act. An unspecified number of Morgan dollars could be struck with the “CC” mintmark at the former Carson City Mint, which now houses the Nevada State Museum.
Sales of the two coins would include a surcharge of $10 per coin, 40 percent of which would be paid to the American Numismatic Association to help fund educational programs – after the U.S. Mint has recouped all of its production and associated costs. The National World War I Museum & Memorial in Kansas City also would receive 40 percent of all net surcharges, while the Nevada State Museum located in Carson City would receive 20 percent.
The enabling legislation, jointly introduced in the House of Representatives by Emanuel Cleaver, (D-Mo.) and Andy Barr, (R-Ky.), requires 189 Congressional co-sponsors.
This commemorative coin initiative is being led by Tom Uram, chairman of the Citizens Coinage Advisory Committee (CCAC), president of the Pennsylvania Association of Numismatists, and current ANA board member; and Mike Moran, noted author and researcher, and member of the CCAC since 2011.
“It’s critical that hobbyists reach out to their Congressional representatives immediately to press them to co-sponsor the bill,” says Uram. “We need the required number of co-sponsors in order for this to become reality.”
(Collectors unfamiliar with how to reach their Congressional representatives can visit money.org/coin-legislation.
ANA President Gary Adkins noted that the silver dollar commemoratives will ignite additional interest in the hobby. “I encourage every collector to contact their Congressional representatives to co-sponsor H.R. 3757 and support the 2021 Commemorative Silver Dollar Coin Act,” he said. “Not only is this great for the hobby, but for the first time ever proceeds from a commemorative coin program will support the numismatic hobby.”
The Peace dollar was approved in December 1921 to commemorate the declaration of peace between the United States and the Imperial German government, replacing the Morgan dollar. According to information provided in the proposed legislation, the design conversion from the Morgan dollar (minted between 1878 and 1904, and again in 1921) to the Peace dollar (struck from 1921 to 1935) reflects a pivotal moment in American history. “The Morgan dollar represents the country’s westward expansion and industrial development in the 19th century. The Peace dollar symbolizes the country’s coming of age as an international power while recognizing the sacrifices made by her citizens in World War I and celebrates the victory and peace that ensued.”
The American Numismatic Association is a congressionally chartered, nonprofit educational organization dedicated to encouraging the study and collection of coins and related items. The ANA helps its 25,000 members and the public discover and explore the world of money through its vast array of instructional and outreach programs, as well as its museum, library, publications and conventions. For more information, call 719-632-2646 or visitwww.money.org.