Tomorrow at noon Eastern Standard Time, the United States Mint will start sales of the second in its three-coin anniversary tribute to some of the most iconic designs in US numismatic history. The first coin was the hit Mercury Dime released earlier this year. Struck in 1/10 oz (3.11 g) of 0.9999 gold, it was a faithful representation of the original Adolph Weinman design from 1916, that remained in circulation until 1945.
The second coin coming tomorrow brings the Standing Liberty quarter, designed by Hermon MacNeil, that also debuted in 1916, although in this case it only remained in production until 1930. Struck in ¼oz of the same 99.99% pure gold, it is again a faithful copy of the original, although the diameter is around 10% smaller. Like the Mercury Dime it’s a beautiful coin although not as striking as the dime. Packaging is identical to the first release and of a decent standard, with an enclosed Certificate of Authenticity.
Price is considerably higher than the dime, unsurprising given it’s 2½ times the weight, at $485.00 (against $215.00), but it remains, like most US Mint commemoratives, relatively good value compared to other mints such as the Royal Canadian Mint and the Royal Mint. While the 100,000 mintage seems huge in comparison to coins of this specification in other countries, the USM has deemed it necessary to set a one per household limit on them. The dime with its 125,000 mintage had a 10 per household limit applied and it sold out in very short order, even if some reappeared for sale at a later date from cancelled orders when aftermarket premiums started to ease off quite quickly.
There’s one more coin to come in this trilogy, due later this year. Most famously of all, it will be a Walking Liberty tribute. This is another Adolph Weinman design massively popularised by its use on one side of the ubiquitous American Silver Eagle bullion coin, a proof version of which is due to be launched next week with a new rim. We’ll find out tomorrow if there’s to be a stampede for this one like the Mercury Dime earlier this year. Best be there at opening time if you want to be sure of picking one up, but the tighter purchase limits will no doubt help matters.