President John F. Kennedy Commemorative Coin Act Seeks 2020 Silver Dollars

by Mike Unser on July 24, 2017 · 14 comments

Coin-Legislation-Capital-Building.jpgCompanion House and Senate bills are seeking silver dollars to commemorate John F. Kennedy, the 35th President of the United States. Kennedy served from January 1961 until his assassination in November 1963.

Named the "President John F. Kennedy Commemorative Coin Act," the House (H.R.3274) and Senate (S.1568) bills call for up to 500,000 silver dollars with designs emblematic of JFK’s life and legacy. The United States Mint would produce them in collector qualities of proof and uncirculated and offer them for sale during calendar year 2020.

The bills were introduced on July 17, 2017 by Senators Edward J. Markey (D-MA) and John McCain (R-AZ) and Reps. Kevin McCarthy (CA-23) and Joseph P. Kennedy III (MA-04). The lawmakers, members of the John F. Kennedy Centennial Commission, introduced the legislation as part of this year’s President Kennedy Centennial celebration (jfkcentennial.org). Kennedy was born in Brookline, Massachusetts on May 29, 1917.

"My family and I are grateful for the efforts of Senator Markey, Senator McCain, Majority Leader McCarthy, Congressman Kennedy, and the members of the John F. Kennedy Centennial Commission for their leadership in introducing legislation to mint a coin in honor of my father," Ambassador Caroline Kennedy said in a statement.

"As President Kennedy becomes a part of history, we hope that the coin may be an enduring symbol of his call for service and the idea that each of us can make a difference."

Designs for the commemorative coins would be reviewed by the Citizens Coinage Advisory Committee and selected by the Secretary of the Treasury after consulting with the John F. Kennedy Library Foundation and the Commission of Fine Arts.

The $1 coins would be minted in at least 90% silver to a weight of 26.73 grams and a diameter of 1.500 inches. They would also bear standard inscriptions designating their face value and 2020 for the year of issue, plus Liberty, In God We Trust, United States of America, and E Pluribus Unum.

Each silver dollar sold would include a $10 surcharge to support the John F. Kennedy Presidential Library and Museum (www.jfklibrary.org).

Both pieces of legislation were referred to committees. For the act to become law, it must pass in the House and Senate and get signed by the President.

2014-Dated Coin Celebrated 50th anniversary of Kennedy 50c Series

Every year since 1964, the U.S. Mint has struck Kennedy half-dollars in circulation quality, along with related collector versions. In addition, the U.S. Mint in 2014 released three special products to celebrate the 50th anniversary of the series.

Photo of the four coins in the 2014 50th Anniversary Kennedy Half-Dollar Silver Coin Collection

CoinNews photo of the four coins in the 2014 50th Anniversary Kennedy Half-Dollar Silver Coin Collection

Those products included a 2-coin anniversary clad uncirculated set, a 4-coin anniversary silver coin collection, and an anniversary proof gold half-dollar.

{ 14 comments… read them below or add one }

Jp July 24, 2017 at 3:52 pm

So what is the significance of a Kennedy coin in 2020? Am I missing something here?

Jack July 24, 2017 at 4:08 pm

JFK’s 103rd birthday!

Teach July 24, 2017 at 4:13 pm

Why wasn’t it minted this year? It would have went well with the 225th mint anniversary 🙂 I didn’t know people celebrated 225th, now I know they celebrate the 103rd now too.

NW Robert July 24, 2017 at 4:49 pm

Here you go Rodney! More JFK’s! 🙂

Seth Riesling July 24, 2017 at 7:23 pm

It is crazy that Congress approved a Robert Francis Kennedy commemorative silver dollar back in 1998 that the Mint produced, but never approved a commemorative silver dollar for JFK.

-NumisDudeTx

Richard July 24, 2017 at 8:26 pm

Got burned on the 2014 silver set, so am not sure there is that much interest at this late date in history. With half a million I don’t see great upside. Anyway, the Kennedy half was already a commemorative of sorts.

Ernesto July 24, 2017 at 10:34 pm

We already have a half dollar coin & the 2014 coin. Do we really need another JFK coin?

jim July 25, 2017 at 1:53 am

JFK was a democrat so Trump probably won’t sign the bill. So not to worry.

joera July 25, 2017 at 3:15 am

A Kennedy silver dollar might be good. But yea, why now?

A Bob July 25, 2017 at 11:19 am

I would buy one. Of course they will produce special sets with the half dollar as well.

RODNEY MOORE July 26, 2017 at 1:27 pm

This sounds like an odd coin to me and one of the main things that I collect is kennedy halves. As other people have said, why now? Plus, that is an odd weight. I could not figure out if the silver content is going to be 26.73 grams or if the coin is going to weigh 26.73 grams total. That’s peculiar because if my math is right, a one troy ounce coin weighs 31.1 grams and if it is 90% silver it would have 27.99 grams of silver in it. So where in the world did they come up with 26.73 grams? Maybe that’s a common weight for some coins and I just don’t know it?

The JFK half is my favorite coin and JFK doesn’t look right on coins other than the design for the half. The JFK golden dollar looked odd to me, so I wonder what kind of design they will use? If they stick with the half dollar’s design then that would be kind cool to have a bigger version of it. I might not even buy the coin unless it comes in a set with the half dollar though?

@NW Robert: I’m slipping, I’m just now seeing this article.

Tinto July 26, 2017 at 1:56 pm

At least the Mint has to go and get new designs but knowing them they might just try to push the current design (laziness at work) …. if the law is passed.

Seth Riesling July 26, 2017 at 7:24 pm

Rodney Moore –

The 26.73 grams weight of silver dollars goes back to 1840 on the Seated Liberty silver dollars & all 90% silver dollar coins since then except the Trade Dollars which weighed 27.22 grams meant for use in China to compete with the silver coins of Mexico that weighed more. All Morgan & Peace silver dollars weigh 26.73 grams & all commemorative silver dollars since 1983 weigh 26.73 grams also.

-NumisDudeTx

Joe Brown July 27, 2017 at 1:47 pm

It should be Jack & his sisters and bothers, Mother Rose., She was a saint in her own right. Lets face it every body & I mean every body,weather you amitt it or not. I would love to have 1/16 of your strength. A true woman, she has a big heart of Love. She knows everything is in Gods Hands. You screw up, & know what your do,ing . I do not care who you think you are. You will pay big coin, if you know what I mean. If you do not know what I mean there still time. God Bless Rose.

HAS THERE OWN SHOT COMINGS, big or small. You figure where that go*s. I did not do that on purpose.

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