Commemorative Coins Net a Quick $1 Million for U.S. Marshals Museum
by February 16, 2015 12:00 am 81 views
The Arkansas Department of Parks & Tourism said commemorative coin sales through the U.S. Marshals Service 225thAnniversary Commemorative Coin Program got off to a fast start.
The U.S. Mint began selling the coins Jan. 29 and had sales of $8.25 million in the first 24 hours.
That meant the U.S. Marshals Museum, currently under construction in Fort Smith, netted $1 million. The museum is authorized to receive the first $5 million in surcharges from the sale of the gold, silver and clad coins, unveiled last summer by the U.S. Mint.
A $5 gold coin commemorates the 250-plus marshals and deputy marshals who have been killed in the line of duty.
A $1 silver coin depicts the frontier marshals with a sign reading “Wanted in Fort Smith.”
A half-dollar clad coin portrays the involvement of the U.S. Marshals through their involvement in significant events in U.S. history.
The mint is creating 100,000 $5 gold coins, 500,000 $1 silver coins and 750,000 half-dollar clad coins, according to the ADPT.
Prices for the coins include a $35 surcharge per gold coin, $10 per silver coin and $3 for each half-dollar clad coin.
A groundbreaking was held for the 52,000-SF museum in September, and the building could be complete by late 2017. Fundraising for the pay-as-you-go project is ongoing.