Coin Specifications

Category: Modern Commemoratives (1982-Date)
Mint: Philadelphia
Mintage: 53,264
Catalog: KM-311
Obverse Designer: "Thomas D. Rogers, Sr."
Reverse Designer: John Mercanti
Composition: Silver
Fineness: 0.9000
Weight: 26.73g
ASW: 0.7734oz
Melt Value: $11.93 (2/9/2016)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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2000 P CONGR LIBRARY S$1 MS obverse 2000 P CONGR LIBRARY S$1 MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

The Library of Congress was established April 24, 1800, and thus the year 2000 marked its 200th anniversary. The original contents of this library were destroyed in 1814 when the invading British Army burned the U. S. Capitol building. Former President Thomas Jefferson donated his personal library as the foundation of rebuilding this collection, only to have two-thirds of it lost to another fire in 1851. Nevertheless, the Library of Congress is now the largest in the nation and one of the largest in the world, housing more than 119 million books and documents.

On October 19, 1998 Congress authorized the minting of two coins in commemoration of the library’s bicentennial. These included a mintage of up to 500,000 silver dollars and up to 200,000 bimetallic ten-dollar pieces. The latter entry, comprised of a platinum central disc and an outer ring of gold, was the first visibly bimetallic coin issued by the United States. Proceeds from surcharges included within the sales prices of both coins were directed toward the Library of Congress Trust Fund Board for the purpose of enhancing the library’s outreach program.

Both coins were designed and sculpted entirely by members of the U. S. Mint’s engraving staff. Thomas D. Rogers, Sr. prepared the obverse of the silver dollar, which depicts two books in the foreground, one of them opened. Behind the books appears the torch of learning, with the year of the library’s founding at left and the year of coining at right. The inscription “LIBRARY OF CONGRESS” follows the obverse border at top, and the designer’s initials are to the right of the closed book. Statutory mottoes complete this side.

John Mercanti furnished the reverse design, which shows an elevation view of the library’s Thomas Jefferson Building. The artist’s initials are placed to the left of this structure, and the coin’s mintmark is at right. The balance of this simple design is comprised entirely of statutory legends.

The two sculptors switched roles for the bimetallic ten-dollar piece, with Mercanti designing its obverse. Shown is the hand of Minerva, goddess of wisdom, holding aloft the torch of wisdom, the flame of which overlaps the platinum inner disk and the gold outer ring. Behind this image is a partial view of the Jefferson Building, with the initials ‘JIM’ placed above its roofline at left. The inscription “LIBRARY OF CONGRESS” is arranged in an arc across the lower border, with the date of coining and statutory mottoes completing the design.

The reverse by Thomas D. Rogers, Sr. is dominated by the library’s logo of a heraldic eagle flanked by two laurel branches, with the motto E PLURIBUS UNUM below. This imagery is placed within the central disk, while the outer ring contains the text required by law on all USA coins. The initials of the artist are placed to the left of the stem of the left laurel branch, and the mintmark appears to the left of the right branch’s stem.

Philadelphia coined both the uncirculated and proof editions of the silver dollar, while West Point produced each of the bimetallic strikings. These coins were available for purchase from April 24 (the anniversary date) through December 31 of 2000.

Sales of both coins were quite modest and approximate the totals for most commemorative programs of the time having themes of only moderate interest to collectors. Sales of the bimetallic piece were particularly low, and both editions of it now stand as modern rarities.

GRADE SUMMARY

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Price Guide

Last Updated: 9/26/2014

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2000 P CONGR LIBRARY S$1 MS
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 19.80 20.90 22.00 25.00 28.75 30.00 31.00 42.50 46.25 95.00

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Census

 
NGC GRADE SUMMARY

Total Graded: 1607
Low Grade: 68
Average Grade: 69
High Grade: 70


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/3/2007 PCGS MS 70   Teletrade Auction 2417, 2417/Lot# 1454 $425.60
4/1/2008 NGC MS 69   Heritage Auctions Tuesday Internet Coin Auction #28042, 28042/Lot# 22793 $31.00
12/22/2008 NGC MS 70   David Lawrence Rare Coins Monday - Internet Auction # 312, 318/Lot# 1900 $48.30
8/21/2011 NGC MS 70   GreatCollections GreatCollections Coin Auctions 08/21/2011, 132/Lot# 15326 $107.80
10/9/2011 PCGS MS 70   GreatCollections GreatCollections Coin Auctions 10/09/2011, 139/Lot# 11526 $137.50
9/30/2012 PCGS MS 69   Heritage Auctions Internet Coin Auction Session(1), 131241/Lot# 28421 $34.00
6/2/2013 PCGS MS 70   GreatCollections GreatCollections Coin Auctions 06/02/2013, 77/Lot# 116045 $108.90
1/26/2014 PCGS MS 70   David Lawrence Rare Coins Internet Auction # 788, 797/Lot# 886 $78.00


NGC Registry

NGC Registry Score 2000 P CONGR LIBRARY S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base373737373737373737373776818589102119123127175295437
3737373737373737373750788286931081201241432153420
00000037373737507882869310812012414321500
00000037373737637984889811312212615925500
Registry Image Gallery
Grade: MS 70
Points: 437
Owner: Bruce Laquster
 
Grade: MS 70
Points: 437
Owner: CHRISTOS
 
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