Basketball Commemorative Coins First Day Sales Reach 82,549; Limits Lifted

by Mike Unser on June 5, 2020 · 11 comments

Dome-shaped United States Mint commemorative coins recognizing the 60th Anniversary of the Naismith Memorial Basketball Hall of Fame (www.hoophall.com) are moving along. Their first-day sales combined to 82,549 coins, according to U.S. Mint spokesman Michael White.

2020-P Proof Basketball Hall of Fame Silver Dollars - Obverse and Reverse

A CoinNews photo showing the obverse (heads) and reverse (tails) sides of two 2020-P Proof Basketball Hall of Fame Silver Dollars

Released Thursday, product options include proof and uncirculated editions of $5 gold coins, silver dollars, and clad half-dollars. There is also an enhanced uncirculated half-dollar that comes exclusively with a special Kids Set.

About 11% of the allotted gold and silver coins are gone and just over 15% of the Kids Sets have sold. Altogether so far, the collection of Basketball Commemorative Coins has realized more than $7.8 million.

All but the proof and uncirculated half-dollars had initial household order limits. Those limits were lifted today at noon EDT, meaning collectors and dealers can now buy as many as they want until and unless their mintage limits are reached.

Here’s a breakdown of the Basketball products and their first-day sales:

  Individual Sales Realized ($) Total Sold Mintage Limit % of Limit Sold
Proof $5 Gold Coin 3,921 $2,527,084.50 5,561 50,000 11.1%
Uncirculated $5 Gold Coin 1,640 $1,040,580.00
Proof Silver Dollar Coin 32,414 $2,236,566.00 42,739 400,000 10.7%
Uncirculated Silver Dollar Coin 10,325 $660,800.00
Proof Clad Half Dollar Coin 15,028 $586,092.00 34,249 750,000 4.6%
Uncirculated Clad Half Dollar Coin 7,747 $286,639.00
Kids Set* 11,474 $516,330.00
Combined Totals $7,854,091.50 82,549  

 

*The Kids Set has its own product limit of 75,000 with 15.3% of those sold in the first day.

Order the Basketball products from the U.S. Mint’s commemorate online store.

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GMG

I ordered the Apollo 11 coins, Those meant something. 50th anniversary of Moon landing with two Apollo 11 astronauts still alive. These are overpriced, politically correct, and they’re for the 60th anniversary of their hall of fame, Wow. A 60th anniversary.

lvs53

Don’t like them don’t buy them, i love them i bought them

GMG

Compare the first day sales with Apollo 11 and you’ll see I’m not the only one grabbing my wallet and keeping it closed. You on the other hand …

Seth Riesling

Shockingly low 1st day sales figures for sure! It’s like watching a bad basketball game… Some coins were sold in Springfield, Massachusetts by the Mint, but not at the BHOF museum/headquarters there since it is still closed due to the pandemic. Now, the Mint has only a little less than 7 months to sell these commemorative coins under the provisions of the public law that created this coin program.

NumisdudeTX

domenic

Shockingly low because yes they are quite blah in design and extremely overpriced vs price of silver…. even the clads are quite pricey for what they are…. ill wait to see where mintage’s start to fall toward end of year….even then i may not buy.

GMG

Remember when the Mint sold clads for $7.95?

Rooster

The mint has lost me as a customer.

sam tweedy

You can always buy these and display them with your “BAT” quarters!!!!

Rooster

Haha! Even if I drank Bacardi I would still pass. Hard pass? No. But really my decision was based on pricing.

Chas. Barber

Pass….anyway I look @ the obverse *& start getting dizzy

lonnie

if you want one of these wait about a year and go to a coin show—they will be half price.