Coast Guard Medal brings rewards in the secondary market
The US Coast Guard’s 2.5-ounce, 999 fine silver medal in a matte finish is now being sold in the secondary market at prices more than 46% above the US Coin’s issue price of $ 160.
The numismatic product, limited to 10,000 63.5 millimeter medals, is not currently available from the mint. The November 21 sales report recorded 9,861 medals sold. Sales began August 17 at 12:00 PM Eastern Time.
The US Mint is expected to offer a 1-ounce .999 fine silver medal in 2022, which will feature the same front and back designs as the limited-edition 2.5-ounce version. US Mint officials have not disclosed whether the 1-ounce version will be a limited edition or will be offered in the Mint’s ongoing medal catalog with no circulation.
The face of the Coast Guard medal shows a Coast Guard national security cutter at full throttle, head-on towards the viewer. The inscriptions US COAST GUARD and the Coast Guard’s motto, SEMPER PARATUS, which means “Always Ready”, are arched around the top edge, divided by the boat’s antenna.
There are two Coast Guard symbols on the back of the medal: a lifebuoy that carries the guard’s core values ââand the stripe mark and emblem that can be found on almost all Coast Guard boats.
Completed sales prices on eBay range from $ 187.99 for “Mint-in-Box” medals to $ 299.95 for medals classified as Mint State 70 First Strike by the Professional Coin Grading Service became.
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