Mark Twain Gold and Silver Coins to Honor Him

To honor the great man himself, gold and silver coins are to be produced which will be focusing around Mark Twain. There are 100,000 gold coins planned to be created while 350,000 silver coins are going to be made.

Starting early next year, some of Twain's favorite places — his Missouri hometown, the New England community where he spent a big part of his adult life and two universities — all stand to benefit from the U.S. Mint's gold and silver (Which is better?) coins honoring the author and humorist.

Amount of Mark Twain Coins to Be Created

Up to 100,000 gold coins and 350,000 silver coins bearing Twain's mug will be available throughout 2016 or until they are sold out, U.S. Mint spokesman Mike White said.

Each year, the mint strikes two commemorative coins to benefit nonprofit organizations. As collectibles, the coins are worth far more than their $1 face value for silver and $5 for gold. For example, 2015 commemorative silver coins recently were priced at about $52, gold for about $360.

Each carries a surcharge — $35 for gold, $10 for silver — to be divided evenly among the Mark Twain House & Museum in Hartford, Conn.; University of California, Berkeley, for a program to study and promote the legacy of Twain; Elmira College in Elmira, N.Y.; and the Mark Twain Boyhood Home & Museum in Hannibal, Mo.

It's a potentially big windfall.

"If the entire issue is sold, it could be well in excess of $1 million for each of the sites," said Henry Sweets, executive director of the Hannibal museum.