The United States Mint this week discussed plans to make 1-ounce .999 fine silver medals honoring former presidents and branches of the U.S. Armed Forces.
Members of the Citizens Coinage Advisory Committee (CCAC) were briefed Jan. 17 about the possibility for the two new series — one slated to begin later this year and one that could start in 2020.
Presidential Silver Medal Series
Ann Bailey, the U.S. Mint’s program manager for numismatic and bullion, first talked about a series of Presidential silver medals to compliment the already available Presidential medals in bronze. The silver medals would bear the same designs as the bronze editions, and they could be released at a pace of four per year with the first two issued in 2018.
The U.S. Mint already has permission to strike Presidential medals in silver, having received the go-ahead years ago to make them for products like the Presidential Coin & Chronicles Sets.
Military Silver Medal Series
Bailey then outlined their idea for silver medals covering branches of the U.S. military — the Army, the Navy, the Air Service, the Marines and the Coast Guard, and possibly their reserve components.
Designs for these medals are expected to be more general in nature compared to the ones paired with the 2018 Proof WWI Centennial Silver Dollar that launched on Wed. Jan. 17. For example, they would not be based on any battles or anniversaries, Bailey said, and artists would avoid design themes that Congress could target for use on possible commemorative coins.
Baily noted that they have yet to ask for the authority to strike the medals as they are still in the early planning and research phases.
2020 is the soonest any would launch. All of them would likely be released over the course of three years.
Smaller bronze editions are also in the works.
Medal Specifications and Sales Plans
The two silver medal series would share similarities. Plans are to strike both in collector proof quality using American Silver Eagle planchets.
In addition, they would be available without sales deadlines or fixed limits just like the Mint’s bronze medals.