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The 1995 And 1996 Silver Commemorative Paralympic Dollars

 
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 Posted 10/22/2020  2:45 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message
PCGS - The rush of United States commemorative coins that came along in the mid-1990s to honor the 1996 Summer Olympics held in Atlanta, Georgia, also ushered in a handful of special silver dollars paying homage to the Paralympics. The 1996 Paralympic Games, held in Atlanta a few weeks after the Summer Olympiad, were the first Paralympics televised in the United States. Emerging from a small gathering of British World War II veterans in 1948 before becoming a full-fledged sporting events for individuals with disabilities in 1960, the Paralympics have long since grown into a major international sporting event on par with the Olympics.


Modern Silver Commemoratives, 1995-D $1 Paralympic, PCGS MS70


There are two distinct different types of Paralympic Dollars spread over four different issues, counting Proofs and Uncirculated issues. They were authorized under Public Law 102-390, which was signed into law in 1992 by President George Herbert Walker Bush. "I am proud that the United States Mint, the Atlanta Committee for the Olympic Games, and the United States Olympic Committee have worked together to develop a unique coin program that offers the potential of $100 million in profits to be evenly divided between the two Olympic committees," said President Bush upon signing the bill, which also authorized the other 1995 and 1996 Olympic coinage. "By working together to maximize the sale of these coins we will assist our Olympic athletes. This program will also have a positive economic impact and help create jobs for the people of Georgia."


Modern Silver Commemoratives, 1995-P $1 Paralympic, DCAM, PCGS PR69DCAM


The Uncirculated 1995-D and Proof 1995-P Paralympic Dollars were sold with a pre-issue price of $27.95 and $31.95, respectively; regular prices went to $30.95 and $34.95. The 1995 Paralympic Dollar was designed by John Mercanti and William Krawczewics and features the identical obverse of two female Olympians, one blind and tethered to her guide. The inscription "TRIUMPH OF THE HUMAN SPIRIT," "PARALYMPICS," "LIBERTY," and the date 1995 encircle the obverse motif, with the motto "IN GOD WE TRUST" appearing in the lower center of the coin; the 1995 Paralympic Dollars are notable for their inclusion of the word "SPIRIT" appearing as a series of raised dots known as Braille, which is a universal written language read by those who are blind.

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 Posted 10/22/2020  11:43 pm  Show Profile   Bookmark this reply Add freddo30 to your friends list Get a Link to this Reply
Original cost 1995:$35. PCGS PR69DCAM 2020:$44.00 According to the Rule of 72, an APR of 3% would make their projected "keeping even with inflation" current value $70. That $44 is flawed in that it is for certified coins (add $15+ for service/postage) making the coin itself only a maximum of $29 2020 value as purchased from the Mint. (3% APR is optimistic as well) The coin has lost $40 since issue in real value ; that's $5 more than it cost to buy then in potential loss of use of your money and $40 short of breaking even overall...
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 Posted 10/23/2020  6:15 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Just for accuracy's sake...

There is no such coin as a clad Paralympic dollar. The only CuNi clad coins of the 1996 Atlanta Olympics commemorative coin program were the two 1995 and two 1996 half dollars - none of these four 50-cent coins were issued to mark the Paralympics. The 1995 and 1996 Paralympic dollar coins are 90% silver.

The image captions in the PCGS article are misleading.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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 Posted 10/23/2020  10:13 pm  Show Profile   Bookmark this reply Add freddo30 to your friends list Get a Link to this Reply
Another reason grading services should stick to grading and not bother to reiterate history : The correct information is available somewhere and has been since reinterpreted and restated by a 'grading' service ; prone to errors like a campfire game of 'pass the phrase', see what comes out at the end. That illustration of the "70" grade dollar with the dark specks and milk spots isn't too hot either.
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