The year was 1982. It marked the 250th birth anniversary of one of America’s greatest presidents, George Washington. It was also a year of milestone for the world of numismatics because it marked the beginning of the program for Modern Commemorative Coins in the United States. That year, the US Mint in memory of President Washington released commemorative half dollar coins. Nearly every year since then, modern commemorative coins have been released to honor important American figures, events, institutions, states and places. Commemorative coins are gaining popularity albeit it fluctuates, depending on the subject matter. When the subject on the face of the coin is renowned for whatever reason, sales are generally higher, frequently reaching the ceiling mintage allowed. In the past years, popular coins were greatly sold out, like the 2001 American Buffalo Commemoratives and the 2006 Benjamin Franklin Commemoratives. Normally, modern commemorative coins and silver commemorative coins are offered with a discount on the first month of sales and are sold at regular prices for the rest of the sales period; and they are made available only at certain months or year. Over the years, these coins were released in five varying sizes. The first ones were half-dollar 90% silver commemorative coins; and later, $1 commemoratives with the same specifications were also issued. Soon after, $10 and $5 gold coins were released in 90% gold, weighing .4837 ounces and .2418 ounces of gold, respectively. And then in the end, clad half dollars were issued which composed of 8% nickel and 92% copper. Silver commemorative coins and other commemorative coins can be used as legal tender but they were not meant for general circulation. It is being sold to the public by the US Mint at prices inclusive of surcharges which are apportioned for some programs. They are issued by the US Mint with the necessary authorization from the US Congress. Every year, two programs on modern Commemorative Coins are approved. Some programs feature multiple coin releases like $5 silver dollars, gold coins and clad half dollars. This year will highlight the commemorative coins for 2010 Boy Scouts Centennial and the 2010 American Veterans Disabled for Life. For an extensive selection of modern commemorative coins, Silver Commemorative Coins and Gold Coins, visit currencyvault.com. They are offered at competitive prices with excellent customer service!