Lot #59: Highly Collectible 1986 USA Ellis Island Silver (90%) Dollar

This coin was first struck on October 18, 1985 with production continuing through 1986. The Statue of Liberty Silver Dollar coin was authorized in commemoration of the centennial of the Statue of Liberty.

Recipient Organization: Statue of Liberty-Ellis Island Foundation, Inc.As specified in Public Law 99-61, the Statue of Liberty-Ellis Island Foundation, Inc. was to use the funds collected from coin sale surcharges to restore and renovate the Statue of Liberty and the facilities used for immigration at Ellis Island and to establish an endowment that would ensure the continued upkeep and maintenance of these monuments.Commemorative Coin SurchargesCommemorative coin programs are created by acts of Congress to honor a person, place, or event. Surcharges from the sales of these coins help fund a variety of organizations and projects that benefit the public. Commemorative coins are only available from the United States Mint for a limited time, as specified by public law.CharacteristicsThe obverse design of the coin features the Statue of Liberty and Ellis Island.The reverse features a design of Liberty's torch and inscriptions.Obverse InscriptionsELLIS ISLANDGATEWAY TO AMERICALIBERTYIN GOD WE TRUST1986Reverse InscriptionsUNITED STATES OF AMERICAGIVE ME YOUR TIRED, YOUR POOR, YOUR HUDDLED MASSES YEARNING TO BREATHE FREEE PLURIBUS UNUMONE DOLLAR