
A New Law Enforcement Commemorative; Deja Vu all Over Again
On December 27th president Trump signed into law commemorative coinage for the National Law Enforcement Museum. A $5 gold coin, along with a silver dollar and clad half dollar will be struck in 2021 to help fund the museum. If all this sounds familiar it's probably because numismatists vaguely recall the 1997 National Law Enforcement Memorial silver dollar. Sales of the 1997 coin were moderate (28,575 uncirculated, 110,428 proof) and were never popular with collectors. With less than 25% of the 1997 issue struck, it's surprising to see a "sister" coin approved for 2021 and is now waiting in the wings. With all due respect given to law enforcement, it's interesting to see what good lobbying can do. I'm sure sales of the 2015 U.S. Marshal commemoratives were brought up (the issue was also undersold) along with the possibility that it was a bit soon to issue yet another law enforcement commemorative. This coin could have serious ramifications with numismatists, however. Since the two commemorative issues for 2021 have now been signed into law, there appears to be no possibility for the ANA-proposed 2021-dated Peace and Morgan dollars to become a reality. And let's be honest, the Peace and Morgan issue would have outsold the Law Enforcement issue hands down, at least within the numismatic community. I don't wish any ill on the 2021 Law Enforcement coins, but they will have an uphill battle compared to a new Peace dollar. I guess we'll have to wait and see.