For 2010 the United States Mint will issue commemorative coins under two different programs. The first will honor American Veterans Disabled for Life and the second will celebrate the centennial of the Boy Scouts of America. Each program will include the issuance of a silver dollar coin with a limited mintage and availability period.
The 2010 American Veterans Disabled for Life Silver Dollar is projected to be released in February 2010. The design of the coin is intended to be emblematic of the disabled veterans who made enormous personal sacrifices defending the principles of democracy. The obverse features the legs and boots of three veterans with the inscription "They Stood Up for Us." The reverse features a wreath of oak branches and leaves with a forget-me-not flower at the base and the central inscription, "Take This Moment to Honor Our Disabled Defenders of Freedom." The obverse and reverse of the coin were designed and engraved by Don Everhart.
The coins have a maximum authorized mintage of 350,000 and can only be issued during the calendar year 2010. Pricing and ordering options have not yet been announced by the United States Mint. The price of each coin will include a surcharge of $10 payable to the Disabled Veterans’ LIFE Memorial Foundation in order to establish an endowment for the construction of the American Veteran’s Disabled for Life Memorial.
The 2010 Boy Scouts of American Centennial Silver Dollar is expected to be released in March 2010. The coin design is intended to be emblematic of 100 years of the largest youth organization in the United States, the Boy Scouts of America. The obverse of the coin features a Cub Scout, Boy Scout, and female Venturer saluting with the inscription "Continuing the Journey." The reverse of the coin features the universal logo of the Boy Scouts of America. The obverse was designed by Donna Weaver and engraved by Charles Vickers. The reverse was engraved by Jim Licaretz.
The Boy Scouts Silver Dollars will also have a maximum mintage of 350,000 coins and may only be issued after February 8, 2010 and before January 1, 2011. The pricing and ordering options have not yet been revealed by the US Mint. Each coin will include a surcharge of $10, which will be distributed to the National Boy Scouts of America Foundation to be used for the extension of scouting to hard to serve areas.
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Dear Coin Update Editor,
The Boy Scout commem is a pc joke. This year is a very special
year for scouting, the 100th anniversary of the organization.
As a coin collector and scout leader I had hoped the mint would
select an inspirational obverse. Instead the most pc design
possible will mark the centennial. I had planned on giving a
coin to each boy in the troop to spark an interest in the hobby.
I will not purchase anymore modern commems.
PC is destroying all tradition in this country.
Thank you for a great weekly coin digest, and thanks for letting
me give my two bits.
Cordially,
Doug Deckard
Well, I can see the intent of these coins, but they lack any artistic appeal. I am afraid that their production will be done in place of the proof Silver Eagles. The mint will then continue to use the excuse that they do not have enough blanks!
I’m not understanding about the ten dollar tax be levied on these two new silver dollar commemorative coins . If I want donate to these two worthy organizations, it should be my choice and not a requirement to purchase. “Each coin will include a surcharge of $10″, where will this policy lead to? The mint seems to be making a profit the longer I keep collecting, and now requiring a surcharge (tax, donation?).Will I now be able to write this off my income taxes as a donation to these organizations?
The modern commemorative coin programs are structured “help raise money for important causes” (in the words of the US Mint).
The programs are authorized by Congress and include stated surcharges which are distributable to named organizations.
To the best of my knowledge, I don’t believe these surcharges would be a deduction on your taxes, but you can consult a tax preparer.
Dear Editor:Having the Vets coin is a very beautiful coin,everyone
I have shown it to was very impressed,I am very proud to own 2 of them.