5 Dollar American Legion 100th Anniversary

The American Legion was chartered by Congress in 1919, just months after the Armistice, making the centennial commemoration a straightforward legislative target. The enabling legislation — the American Legion 100th Anniversary Commemorative Coin Act — directed surcharges from sales toward Legion programs supporting veterans and their families. Congress has used this surcharge mechanism since the 1980s as a way to fund organizations without direct appropriation, and the Legion issue followed that well-worn path.

Collector interest in modern U.S. commemorative gold has been uneven at best, and the 2019 program sold well below its authorized mintage ceiling.