Sale of pink-gold commemorative coins will raise money for breast cancer research
The U.S. Mint on Thursday launched a new commemorative coin in honor of breast cancer awareness and to raise money for research. The five dollar gold coin is the first time the Mint has ever issued currency in the pink color.
The commemorative program, which goes on sale Thursday, also includes a silver dollar and a clad half dollar. Uncirculated coins and proofs can be purchased through the Mint, and proceeds will go to the Breast Cancer Research Foundation.
"Breast cancer is one of the most urgent public health issues of our time," BCRF President Myra Biblowit said in a statement. "But progress is possible... We will eradicate breast cancer and support from the Commemorative Coin program will help us achieve our mission even faster."
The creation of the coin comes nearly two years after the Breast Cancer Awareness Commemorative Coin Act was signed into law. The legislation was introduced by Rep. Carolyn Maloney, D-N.Y., who called it a "very special project to me from the start."
According to Maloney, the coins could raise up to $8 million for breast cancer research, with no cost to taxpayers.
"It's virtually impossible to find someone who has not been affected by breast cancer in some way," she said in a statement. "But through research, we have been able to increase survival rates."