Wednesday , 17 April 2024

Basketball Fans Should Own This Uniquely Shaped 125 Year Anniversary Coin (+2K Views)

James Naismith of Almonte, Ontario invented basketball in 1891…to keep athletes active during the cold winter months while teaching physical education at the International Young Men’s Christian Training School in Springfield, Massachusetts. To celebrate that occasion, the Royal Canadian Mint is now selling a colourized coin with a convex reverse side to depict the likeness of a basketball.

The comments above and below are excerpts from an article by Darrin Lee Unser (CoinNews.net) which has been edited ([ ]) and abridged (…) to provide a faster and easier read.

 

Canadian 2016 $25 125th Anniversary of the Invention of Basketball Silver Coin

Coin Designs and Specifications

  • The convex curvature of the coin’s reverse showcases the likeness of a basketball with its recessed lines and dimpled surface.
  • The colorized ball contrasts against two players in the midst of a heated game…
  • Inscribed around the basketball image are “CANADA” and “1891-2016.”
  • Canadian artist Glen Green is credited with the design.
  • On the obverse or heads side is Susanna Blunt’s effigy of Queen Elizabeth II. Inscriptions read: “ELIZABETH II,” “DG REGINA” and the coin’s legal tender face value of “25 DOLLARS.”

Coin specifications include:

  • Royal Canadian Mint Product No.: 153904
  • Mintage: 8500
  • Composition: 99.99% pure silver
  • Finish: proof
  • Weight (g): 30.75
  • Diameter (mm): 36.07
  • Edge: serrated
  • Certificate: serialized
  • Face value (CAD): 25 dollars
  • Reverse Artist: Glen Green
  • Obverse Artist: Susanna Blunt

Pricing and Ordering

The Royal Canadian Mint’s first colorized, convex-shaped collectible is limited to 8,500 coins and sells for CAD $159.95 or about US $123. Buy 2016 $25 125th Anniversary of the Invention of Basketball Silver Coins directly from the Mint by visiting its website at www.mint.ca. Each coin ships encapsulated and presented in a Royal Canadian Mint-branded maroon clamshell with a black beauty box.

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Disclosure: The above article has been edited ([ ]) and abridged (…) by the editorial team at munKNEE.com (Your Key to Making Money!) to provide a fast and easy read.
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