The 2012 Star-Spangled Banner $5 Gold Coin is a treasured piece for collectors, not only for its gold content but also for its historical significance and beautiful design. Commemorating the bicentennial of the War of 1812 and the creation of the U.S. national anthem, this coin represents a significant piece of American history.
In this article, we will explore every detail of this commemorative coin, from its specifications to its current market value, and why it’s a must-have for coin enthusiasts.
Historical Significance
The coin was authorized by the Star-Spangled Banner Commemorative Coin Act, signed into law by President Barack Obama on August 16, 2010, to honor the 200th anniversary of the War of 1812 and the writing of the national anthem by Francis Scott Key. This coin was released by the U.S. Mint in 2012, with a maximum mintage of 100,000 pieces.
Design and Specifications
Obverse Design: The obverse, designed by United States Mint Artistic Infusion Program (AIP) Master Designer Donna Weaver and sculpted by Joseph Menna, features a naval battle scene from the War of 1812. It shows an American sailing ship in the foreground and a damaged British ship retreating in the background, symbolizing the resilience and triumph of the U.S. navy during the war.
Reverse Design: The reverse, designed by AIP Master Designer Richard Masters and sculpted by Menna, depicts the opening words of the national anthem, “O say can you see,” in Francis Scott Key’s handwriting, along with a backdrop of 15 stars and 15 stripes representing the flag that inspired the anthem.
Specifications:
- Mint Mark: W (West Point)
- Composition: 90% Gold, 10% Copper
- Weight: 8.359 grams (0.2419 troy ounces of gold)
- Diameter: 21.6 mm
- Edge: Reeded
- Maximum Mintage: 100,000.
| Feature | Details |
|---|---|
| Mint Year | 2012 |
| Mint Location | West Point (W) |
| Composition | 90% Gold, 10% Copper |
| Weight | 8.359 grams |
| Diameter | 21.6 mm |
| Mintage Limit | 100,000 |
| Obverse Designer | Donna Weaver |
| Reverse Designer | Richard Masters |
| Face Value | $5 |
| Current Market Value | Approx. $225 – $690 (depending on condition) |
Value and Market Performance
As of recent estimates, the value of the 2012 Star-Spangled Banner $5 Gold Coin varies based on its condition and certification. The coin in MS-70 or PR-70 condition can fetch between $500 to $700 at auctions, reflecting its desirability among collectors. The coin’s intrinsic value is closely linked to the current gold price, but its collectible value can push the price even higher.
Why It’s a Must-Have
- Historical Significance: This coin not only commemorates the War of 1812 but also the creation of the national anthem, making it a piece of American heritage.
- Beautiful Design: The intricate artwork depicting a naval battle and the handwritten lyrics of the national anthem make it a visually appealing collectible.
- Limited Mintage: With only 100,000 pieces minted, this coin is relatively scarce, increasing its desirability among collectors.
How to Buy or Sell
If you’re interested in acquiring or selling this coin, you have several options:
- Local Coin Dealers: Visiting nearby coin shops allows you to see the coin in person and get a fair price.
- Online Marketplaces: Platforms like eBay and Heritage Auctions offer these coins, but it’s crucial to buy from reputable sellers to ensure authenticity.
- Bullion Dealers: Companies such as APMEX, JM Bullion, and SD Bullion offer these coins at transparent prices based on the current gold rate.
Conclusion
The 2012 Star-Spangled Banner $5 Gold Coin is a timeless piece that captures a pivotal moment in American history. Its limited mintage, exquisite design, and historical value make it a must-have for collectors and history enthusiasts alike.
As time progresses, this coin’s rarity and significance are likely to increase, making it a valuable addition to any collection.
FAQs
1. What is the face value of the 2012 Star-Spangled Banner $5 Gold Coin?
The face value is $5, but its actual worth is much higher due to its gold content and collectible value.
2. What is the current market value of this coin?
Depending on its condition, the coin’s value can range from approximately $225 to $690.
3. Where can I buy or sell this coin?
You can buy or sell this coin through local coin dealers, online marketplaces like eBay, bullion dealers, and during coin shows or auctions.
4. What makes this coin unique among other commemorative coins?
Its historical significance, limited mintage, and beautiful design depicting the War of 1812 and the national anthem set it apart.
5. What is the composition of the 2012 Star-Spangled Banner $5 Gold Coin?
The coin is composed of 90% gold and 10% copper, weighing 8.359 grams.