Friday, May 17, 2013

Latest local news, weather and high school sports for Tri-State area

Commemorative Mark Twain coin will bring home revenue
Posted: 11.29.2012 at 3:19 PM
Updated: 12.06.2012 at 11:15 AM
Jim Whitfield

Jim Whitfield is a News Reporter for KHQA.

0
The Mark Twain coin is slated to be in production beginning in 2016. (Not pictured.)   / MGN Graphic
Photo

HANNIBAL, MO. -- Look for Mark Twain on a coin near you ... sort of.

President Obama has signed the bill that will have the U.S. Mint producing a one dollar silver and a five dollar gold coin featuring Mark Twain.

The coin is slated to be in production beginning in 2016.

The sale of the coins will generate revenue for sites that have a direct connection to Twain, including Hannibal.

Brent Engle contributed to this story.

Original story:

It's been almost a decade long process, but within a matter of days and with the signature of the president of the United States, a commemorative Mark Twain coin will be approved to be minted.

There are only two coins a year that are produced and minted by the U.S. Mint. And the Mark Twain coin is slated to be in production beginning in 2016.

Cindy Lovell is the executive director of the Mark Twain Boyhood Home and Museum in Hannibal and she says the sale of the one dollar silver and five dollar gold coins will generate revenue for sites that have a direct connection to Twain.

"They're expecting that each of the four Mark Twain sites, that will be us here in Hannibal and the Hartford home in Connecticut and Elmira College and U.C. Berkeley where the Mark Twain project is housed. Each of those four entities can each expect to receive about one point seven million dollars," Lovell said.

There will only be a certain amount coins produced in 2016.

Only about 100,000 five dollar gold coins will be struck, while there will be about 350 thousand one dollar silver coins produced.

Lovell says there will be a slight service charge for the purchase of each coin and that's where the revenue will be generated.

Related Links

Popular Stories
Thumbnail
Terrorism conspiracy charge for Fort Madison man
KHQA Newsdesk  |  Yesterday at 4:01 PM  |  6 comments
Thumbnail
QHS sophomore credited for saving man's life
Jim Whitfield  |  Yesterday at 4:44 PM  |  2 comments
Follow Connect Tri-States
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Expert Connect Auto
Automotive info from our experts
Expert Connect Legal
Legal info from our experts
Beauty & Wellness
Beauty and wellness info from our experts
Home & Garden
Home and garden info from our experts
ADVERTISEMENT