We are pleased to offer for sale this 1992-S U.S. Olympic Gymnastics Commemorative Half Dollar Proof.
The U.S. Olympic Gymnastics Half Dollar Proof was minted in 1992 and is in Gem Proof condition.
This 1992-S U.S. Olympic Gymnastics Half Dollar Proof was produced by the U.S. Mint to honor our nations Olympic
athletes and to help pay for their training.
There were minted in 1992 at the San Francisco (S) Mint.
It is comprised of 92% Copper and 8% Nickel with a diameter of 30.61mm and a weight of 11.340 grams.
The obverse of the coin, designed by William C. Cousins, features a leaping gymnast in front of an American flag.
The reverse of the coin has an inscription of the Olympic motto "CITIUS, ALTIUS, FORTIUS" (Faster, Higher, Stronger,)
with an olive branch crossing the Olympic torch, designed by Steven M. Bieda.
The 1992-S U.S. Olympic Gymnastics Commemorative Half Dollar Proof
comes in the original mint packaging, with an encapsulated coin in the velvet lined mint box with the Certificate of Authenticity (COA).
quantity:
Modern Commemorative Coins
The U.S. Mint did not make commemorative coins from 1955-1981, despite repeated calls from the public to do so.
In 1982 the Treasury department finally issued it's first commemorative coin since 1954, a silver half dollar honoring the 250th anniversary of George Washington's birth.
In the past, the responsiblity for distributing commemorative coins had been placed in the hands of a commission or private individuals. This time, the responsibility fell
to the U.S. Mint, and all profits were distributed to the U.S. Government. With the coming of the 1983 and 1984 Los Nageles Omypics, came the opportunity to place a surcharge
on each coin, each to the benefit of an organization that was determined by Congress (in this case, the Los Angeles Olympic Organizing Committee). While this change was widely
criticized at the time, it is now the standard and the practice continues with very little controversy.
While modern commemorative coins have not seen much appreciation from the public in general, these coins continue be be incredibly significant in their historical, cultural and sentimental value.