A new Bill was passed on 4th December to authorize the production of special A $5 gold, $1 silver and half-dollar clad coins celebrating the 400th anniversary of the landing of the Mayflower and the establishment of Plymouth Colony in Massachusetts by the Pilgrims in 1620. The event offered help to the colonists in those years of hardships.
100,000 $5 .9000 fine gold 8.359 grams pieces, 500,000 $1 .9000 fine silver 26.73 grams coins and 750,000 11.34 grams clad half dollars will be released.
Surcharges from the sale will help in financing various causes and organizations related to the Wampanoag community. The surcharges are added to the Mint’s final retail price depending on spot prices of precious metals and profits.
The designs on the coin will be symbolic to the Mayflower landing, the signing of the compact, the founding of the colony and the contributions of the Wampanoag tribes. The year “2020” will be also be included.
CCAC will review potential designs and give recommendations to the Secretary of the Treasury. The secretary will take the final call before consulting with all the associated communities and their registered organizations.