January 6, 2022 will bring about a new release by the United States Mint. There are obviously some baseball card buyers who also buy gold and silver, but the U.S. Mint’s The Negro Leagues Baseball Commemorative Coins will be a set that attracts many baseball fans on top of traditional silver buyers. The commemorative sets are silver coins minted in honor of the 100th anniversary of the Negro National League’s establishment.
As with most commemorative silver coins, some of the price will depend somewhat on the spot price of silver. They sell above spot, and silver’s near 1% gain on December 27, 2021 had spot silver at $23.06 per ounce. The iShares Silver Trust (NYSE: SLV) was last seen trading at $21.33 and its price discount per ounce over time has been due to accumulated management fees charged for managing the trust.
The Negro Leagues Baseball 2022 Proof Silver Dollar Coin and Jackie Robinson Silver Medal Set will sell for $135.00. There is a maximum of 1 order per household. The Jackie Robinson product limit is set at 15,000 and there is a mintage limit of 400,000 across all options. The orders will begin at Noon Eastern Time on January 6, 2022. The coin and medal are being minted at the Philadelphia Mint and each set will come with a Certificate of Authenticity.
According to the U.S. Mint’s description:
The Negro Leagues Baseball Commemorative Coins are being minted in honor of the 100th anniversary of the establishment of the Negro National League, a professional baseball league formed in response to African-American players being banned from the major leagues. Public Law 116-209, which authorized the commemorative coin program, requires the coins to be emblematic of the Negro Leagues Baseball Museum and its mission to promote tolerance, diversity, and inclusion.
The Jackie Robinson silver medal carries the same design as the Jackie Robinson Congressional Gold Medal produced by the United States Mint in 2003 in accordance with Public Law 108-101, which honored Robinson as a baseball great, civil rights leader, and political activist.
Pricing will be set after the ordering on some, but some of the larger commemorative sets from the U.S. Mint already have been assigned a price (see image below, but the U.S. Mint).
There is no way to know how fast these will sell out, but with a significant increase in awareness and attention for the Negro Leagues and for Jackie Robinson these are likely to be gobbled up rather quickly.