Do you remember the Bicentennial of 1976 and all the tall ships in New York harbor and the welcome celebration of America’s 200birthday? It came after Watergate, Vietnam, and a very dark time in U.S. history, something like the Covid-19 pandemic, urban riots, racial tension, political divisions, and recession we’ve suffered in 2020 and may see continuing next year, depending on the election outcome.
One looming light at the end of the tunnel is America’s 250birthday on July 4, 2026. One encouraging note is that on this Columbus Day weekend, has begun to back away from its destructive “1619 Project,” which purported to change America’s birth date to the arrival of the first slave and thereby cast the entire national history as a slave-centered story. This helped lead to a summer of destroyed statues of George Washington and other Founding Fathers with “1619” painted on them in great disrespect.
The New York Times gave the green light to their reporter Bret Stephens to question the false facts in their 1619 story, which had begun to dominate the curriculum in many schools across America.
By the time 2026 rolls around, I’m confident that 1776 will still be considered our nation’s official birthday, so the coins coming out surrounding that event should enjoy tremendous popularity, just like the great array of 1976 coins, which helped lead to the greatest bull market in gold and silver rare coins in modern history. The Collectors Universe 3000 (coin) Index rose 1,195% from 1976 to 1980.
On September 22, the U.S. House of Representatives passed legislation authorizing massive changes to circulating coinage be implemented between 2022 and 2030. The bill, H.R. 1923, would authorize:
- Circulating quarter dollars honoring women to be issued from 2022 through 2025.
- Circulating coins in multiple denominations in 2026, celebrating America’s 250 birthday.
- Award medals for the 2028 Olympic Games in Los Angeles.
- Silver bullion coins with the same designs as all of the quarter dollars and half dollars authorized from 2022 through 2030, in the now-standard 5-ounce size and in “fractional sizes.”
Separate legislation before Congress calls for a circulating quarter dollar program starting in 2021 with designs honoring the accomplishment of women, with designs selected to represent each state, territory and the District of Columbia (DC). H.R. 1923 seeks up to five quarter dollars a year from 2022 through 2025, each honoring a prominent American woman, without the need to represent each state, territory, and DC.
In addition, we’re about to see a new change in the Silver and Gold American Eagle reverse designs in 2021, as well as a centennial celebration of the final year of the Morgan Silver Dollar and first year of the Peace Dollar in 1921. These years of new coin issues will create great interest in old and new collectors and investors and in precious metals in general, with a multitude of new ads posted in the media, generating new customers and new national interest in coins.