By Stephanie Meredith
August 17, 2020
Watch the video the learn more about the Basketball Hall of Fame Commemorative Coins.
In August 2020, the U.S. Mint releases its first colorized coins as part of the Basketball Hall of Fame Commemorative Coin Program. The program recognizes the 60th anniversary of the Naismith Memorial Basketball Hall of Fame with curved coins in gold, silver, and clad. A limited number of silver proof and clad uncirculated coins are colorized on the reverse side. The silver coin features a colored net, rim, and channels on the basketball. The clad coin colorizes the entire basketball as well as the net and rim.
Colorizing coins appeared in the early 1990s by nations such as Uganda, Equatorial Guinea, and Palau. Now many countries around the world make colorized coins. Canada and Australia are large producers of these coins and develop many innovative techniques for applying color. The Royal Canadian Mint was the first to produce a colorized circulating coin, the 25-cent coin, in 2004.
Coins are colorized by methods such as applying a “sticker” to the surface, adding ink or paint through a computerized “printing” process, or enameling by filling recessed areas with paint. The U.S. Mint used a third-party to colorize the Basketball commemorative coins using an automated process.
In addition to the colorized silver and clad coins, the Basketball Hall of Fame Commemorative Coin Program includes gold, silver, and clad coins without color in proof and uncirculated finishes. All the coins in the program share the same obverse and reverse designs that celebrate the sport of basketball and the Naismith Memorial Basketball Hall of Fame.
There are many ways to explore the coins from the Basketball Hall of Fame program. Check out some suggestions below on how to interact with these unique coins in 2020.