The U.S. Mint is best known for producing money, but it also creates unique commemorative coins. These coins celebrate important moments in American history and culture.
While they are technically legal tender, they are not meant to be used in everyday transactions. Instead, they’re highly collectible and often increase in value over time.
What Are Commemorative Coins?
Commemorative coins first appeared in the 1890s and were produced intermittently over the years. Modern commemorative coins, however, have been in circulation since 1982.
Each coin serves a dual purpose: honoring a piece of history and contributing to meaningful causes. For example, the sale of certain coins has funded projects like building museums, preserving monuments, and supporting Olympic programs.
Since the program began, more than $500,000 has been raised through surcharges added to the price of these coins. These surcharges go directly to supporting initiatives like the U.S. Capitol Visitor Center and other national landmarks.
Why Collect Commemorative Coins?
Commemorative coins are not just collectible items; they’re also smart investments. These coins are minted only once, making them rare and valuable. Their worth often exceeds their face value, especially if they contain precious metals like gold or silver.
Some coins become particularly valuable due to limited production or high demand. For instance, silver dollars minted in 1996 to celebrate the centennial of the modern Olympic Games are among the most sought-after commemorative.
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10 Commemorative Coins Worth $100 or More
Here are 10 modern commemorative coins that have sold for $100 or more, ranked by their market value:
- 1995-D Centennial Olympics — Cycling: $135
- 1996-D Centennial Olympics — Tennis: $245
- 1996-D Centennial Olympics — Paralympics: $290
- 1996-D Centennial Olympics — Rowing: $290
- 1996-D Centennial Olympics — High Jump: $300
- 1996-S National Community Service: $130
- 1996-D Smithsonian 150th Anniversary: $110
- 1997-P National Law Officers Memorial: $140
- 1998-S Black Revolutionary War Patriots: $100
- 2001-D American Buffalo: $210
Should You Spend or Save Them?
Although commemorative coins can technically be spent like regular money, collectors recommend holding onto them. Over time, their rarity and the precious metals they contain often make them worth much more than their original purchase price.
Many of these coins are made of silver or gold, and their value is closely tied to the market price of these metals. In addition, their historical significance and limited availability make them a favorite among collectors.
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Conclusion
Modern commemorative coins are more than just keepsakes; they’re a way to honor history, invest in something valuable, and contribute to important causes.
Whether you’re a seasoned collector or a beginner, keeping an eye on these rare coins could be a rewarding hobby—and potentially a profitable one.
Editorial Note: This article was created through automated technology, with all details verified and polished by our editorial expert.