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Coin collecting, coin commentary, coin images, and coin values for the passionate and the not-so-passionate coin collector
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What is in the name?
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2000 Leif Ericson Commemorative Silver Dollar Coin
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CoinTrapTM Commentary: The Viking Leif Ericson was the first European to set foot on North America after having been blown off course during his travels between Norway and Greenland. Due to resistance from the Native Americans, Ericson did not stay long, and shortly after arriving he continued his journey to Greenland.
The obverse of the coin features a portrait of Leif Ericson. The reverse features Ericson’s Viking ship under full sail.
Not more than 500,000 of the Leif Ericson Silver Dollar coins were minted.
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Coin Value: What is the value of your 2000 Leif Ericson Silver Dollar coin? Well, that depends. The Leif Ericson Silver Dollar coin worth or value depends on these main factors: (1) your coin’s grade, (2) whether it is a proof coin (Deep Cameo or DCAM) having a mirror-like polished finish, and (3) scarcity/demand. Regarding your coin’s grade, it has become a standard in the field of numismatics (coin collecting) to grade coins on a point-scale from 1 (poor) to 70 (perfect). This is also referred to as the “Mint State” or just “MS” for short. Click here to find the up-to-date estimated value of your 2000 Leif Ericson Silver Dollar coin from the Professional Coin Grading Service (PCGS®), which takes all three factors mentioned above into account*. If you do not know the grade of your Leif Ericson silver coin, you can take it to your local coin dealer and ask that they have it graded at one of the three major coin grading services.
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Obverse - Leif Ericson Silver Dollar
Designer: Throstur Magnusson
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Reverse - Leif Ericson Silver Dollar
Designer: Throstur Magnusson
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United States Mint images. CoinTrap.com is not affiliated with the United States Government in any way. Click here for terms and conditions.
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[[Page 113 STAT. 1643]]
Public Law 106-126
106th Congress
An Act
To require the Secretary of the Treasury to mint coins in conjunction
with the minting of coins by the Republic of Iceland in commemoration of
the millennium of the discovery of the New World by Leif
Ericson. <<NOTE: Dec. 6, 1999 - [H.R. 3373]>>
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
TITLE <<NOTE: Leif Ericson Millennium Commemorative Coin Act. 31 USC
5112 note.>> I--LEIF ERICSON MILLENNIUM COMMEMORATIVE COIN
SEC. 101. SHORT TITLE.
This title may be cited as the ``Leif Ericson Millennium
Commemorative Coin Act''.
SEC. 102. COIN SPECIFICATIONS.
(a) $1 Silver Coins.--In conjunction with the simultaneous minting
and issuance of commemorative coins by the Republic of Iceland in
commemoration of the millennium of the discovery of the New World by
Leif Ericson, the Secretary of the Treasury (hereafter in this title
referred to as the ``Secretary'') shall mint and issue not more than
500,000 1 dollar coins, which shall--
(1) weigh 26.73 grams;
(2) have a diameter of 1.500 inches; and
(3) contain 90 percent silver and 10 percent copper.
(b) Legal Tender.--The coins minted under this title shall be legal
tender, as provided in section 5103 of title 31, United States Code.
(c) Numismatic Items.--For purposes of section 5136 of title 31,
United States Code, all coins minted under this title shall be
considered to be numismatic items.
SEC. 103. SOURCES OF BULLION.
The Secretary may obtain silver for minting coins under this title
from any available source, including stockpiles established under the
Strategic and Critical Materials Stock Piling Act.
SEC. 104. DESIGN OF COINS.
(a) Design Requirements.--
(1) In general.--The design of the coins minted under this
title shall be emblematic of the millennium of the discovery of
the New World by Leif Ericson.
(2) Designation and inscriptions.--On each coin minted under
this title there shall be--
(A) a designation of the value of the coin;
[[Page 113 STAT. 1644]]
(B) an inscription of the year ``2000''; and
(C) inscriptions of the words ``Liberty'', ``In God
We Trust'', ``United States of America'', and ``E
Pluribus Unum''.
(b) Selection.--The design for the coins minted under this title
shall be--
(1) selected by the Secretary after consultation with the
Leifur Eiriksson Foundation and the Commission of Fine Arts; and
(2) reviewed by the Citizens Commemorative Coin Advisory
Committee.
SEC. 105. ISSUANCE OF COINS.
(a) Quality of Coins.--Coins minted under this title shall be issued
in uncirculated and proof qualities.
(b) Mint Facility.--Only one facility of the United States Mint may
be used to strike any particular quality of the coins minted under this
title.
(c) Commencement of Issuance.--The Secretary may issue coins minted
under this title beginning January 1, 2000.
(d) Termination of Minting Authority.--No coins may be minted under
this title after December 31, 2000.
SEC. 106. SURCHARGES.
(a) In General.--All sales of coins minted under this title shall
include a surcharge of $10 per coin.
(b) Distribution.--All surcharges received by the Secretary from the
sale of coins issued under this title shall be promptly paid by the
Secretary to the Leifur Eiriksson Foundation for the purpose of funding
student exchanges between students of the United States and students of
Iceland.
(c) Audits.--The Leifur Eiriksson Foundation shall be subject to the
audit requirements of section 5134(f )(2) of title 31, United States
Code, with regard to the amounts received by the Foundation under
subsection (b).
SEC. 107. GENERAL WAIVER OF PROCUREMENT REGULATIONS.
(a) In General.--Except as provided in subsection (b), no provision
of law governing procurement or public contracts shall be applicable to
the procurement of goods and services necessary for carrying out the
provisions of this title.
(b) Equal Employment Opportunity.--Subsection (a) shall not relieve
any person entering into a contract under the authority of this title
from complying with any law relating to equal employment opportunity.
. . .
[[Page 113 STAT. 1650]]
SEC. 309. FINANCIAL ASSURANCES.
(a) No Net Cost to the Government.--The Secretary shall take such
actions as may be necessary to ensure that minting and issuing coins
under this title will not result in any net cost to the United States
Government.
(b) Payment for Coins.--A coin shall not be issued under this title
unless the Secretary has received--
(1) full payment for the coin;
(2) security satisfactory to the Secretary to indemnify the
United States for full payment; or
(3) a guarantee of full payment satisfactory to the
Secretary from a depository institution whose deposits are
insured by the Federal Deposit Insurance Corporation or the
National Credit Union Administration Board.
Approved December 6, 1999.
LEGISLATIVE HISTORY--H.R. 3373:
---------------------------------------------------------------------------
CONGRESSIONAL RECORD, Vol. 145 (1999):
Nov. 16, considered and passed House.
Nov. 19, considered and passed Senate.
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* CoinTrapTM is not affiliated with the PCGS®. By clicking on the link above, you are opening a browser window containing content provided by a third party website and you will be subject to any terms and conditions as set forth on that website.
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