On December 21, 1891, a young physical education instructor named Dr. James Naismith introduced the game of basketball to his class at Springfield College, formally the YMCA International Training School in Springfield, Massachusetts. Three years later, the game was being played in more than a dozen nations.
Founded in 1959 in the city where basketball was born, the Naismith Memorial Basketball Hall of Fame is dedicated to honoring and celebrating the game and its creator. The “Hall” is recognized globally as the premier institution entrusted with recording and disseminating the history of the game of basketball, and recognizing and honoring the achievements of its greatest players, coaches, and contributors.
In 2020, to recognize the 60 year anniversary of the Naismith Memorial Basketball Hall of Fame, the U.S. Mint issued this silver proof commemorative dollar. Each coin is struck from 26.73 grams (.859 oz) of fine silver. The obverse, designed by Justin Kunz and sculpted by Michael Gaudioso depicts three players, two men and one woman, reaching for a ball. One of the men is in a wheelchair. The design represents the diversity of people around the world whom the game brings together and the physical and mental exertion necessary to play the game. These images are set against a subtle net background along with the inscriptions LIBERTY, IN GOD WE TRUST and 2020. The reverse features a basketball that fills almost the entire face starting to go through a hoop. It was designed by Donna Weaver and sculpted by Phebe Hemphill. Along the rim are the inscriptions UNITED STATES OF AMERICA, E PLURIRBUS UNUM and ONE DOLLAR.
This 2020 P $1 Proof Silver Naismith Memorial Basketball Hall of Fame Commemorative Dollar was struck at the Philadelphia Mint and has been certified PR70 DCAM First Day of Issue by PCGS! In addition the label has been hand signed by NBA Hall of Famer Dennis Rodman! According to PCGS this exclusive pedigree has a population of ONLY 272!