Coast Guard medal bringing bonuses to the secondary market

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The 2.5 oz .999 US Coast Guard Matte Finish Fine Silver is now selling in the secondary market for more than 46% above the $ 160 issue price charged by the Mint American.

Limited to an output of 10,000 medals of 63.5 millimeters, the numismatic product is currently unavailable at the Mint. The November 21 sales report records 9,861 medals sold. Sales kicked off at noon eastern time on August 17.

The US Mint is expected to offer, sometime in 2022, a 1 ounce fine silver medal bearing the same designs on the obverse and reverse as the limited edition 2.5 ounce version. Officials at the U.S. Mint have not disclosed whether the one ounce version is a limited version or whether it will be offered without a mintage limit in the Mint’s current medal catalog.

The obverse of the Coast Guard medal depicts a National Security Coast Guard at full speed, rushing head-on towards the viewer. The US COAST GUARD inscriptions and the Coast Guard motto, SEMPER PARATUS, which means “Always Ready,” are arched around the top rim, separated by the boat’s antenna.

On the reverse of the coin are two symbols of the Coast Guard: a life jacket bearing the basic values ​​of the Guard, as well as the stripe and emblem found on almost all Coast Guard boats.

Sales on eBay show prices range from $ 187.99 for “Mint-in-box” medals to $ 299.95 for those classified by the Professional Coin Grading Service as Mint State 70 First Strike.

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