Ronald Reagan Commemorative Coin Act of 2009 (Introduced in House)
Arizona Coin Collector
Ronald Reagan Commemorative Coin Act of 2009 (Introduced in House)
HR 3341 IH
111th CONGRESS
1st Session
H. R. 3341
To require the Secretary of the Treasury to mint coins in
commemoration of Ronald Wilson Reagan, the 40th President
of the United States.
IN THE HOUSE OF REPRESENTATIVES
July 24, 2009
Mr. LATTA (for himself, Mr. BILBRAY, Mr. LEWIS of California,
Mr. ROHRABACHER, Mr. GALLEGLY, Mr. BOOZMAN, Mr. ROGERS of
Michigan, Mr. BARTLETT, Mr. CAO, Mr. NUNES, Mr. LAMBORN,
Mr. GINGREY of Georgia, Mr. WOLF, Mr. BURTON of Indiana,
Mr. KLINE of Minnesota, Mr. ISSA, Mr. CALVERT,
Mr. ROGERS of Kentucky, Mr. MCCARTHY of California,
Mr. BLUNT, Mr. AUSTRIA, Mr. RADANOVICH, Mrs. BONO MACK,
Mr. CHAFFETZ, Mr. POE of Texas, Mr. SMITH of Nebraska,
Mr. SCALISE, Mrs. MYRICK, Mr. CONAWAY, and Mrs. BLACKBURN)
introduced the following bill; which was referred to the
Committee on Financial Services
--------------------------------------------------------
A BILL
To require the Secretary of the Treasury to mint coins
in commemoration of Ronald Wilson Reagan, the 40th
President of the United States.
Be it enacted by the Senate and House of Representatives
of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Ronald Reagan Commemorative
Coin Act of 2009'.
SEC. 2. COIN SPECIFICATIONS.
(a) Denominations- The Secretary of the Treasury
(hereafter in this Act referred to as the `Secretary')
shall mint and issue the following coins:
(1) $5 GOLD COIN- Not more than 50,000 $5 coins, which shall--
(A) weigh 8.359 grams;
(B) have a diameter of 0.850 inches; and
(C) contain 90 percent gold and 10 percent alloy.
(2) $1 SILVER COIN- Not more than 300,000 $1 coins,
which shall--
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches; and
(C) contain 90 percent silver and 10 percent copper.
(b) Legal Tender- The coins minted under this Act shall be
legal tender, as provided in section 5103 of title 31,
United States Code.
(c) Numismatic Items- For purposes of sections 5134 and
5136 of title 31, United States Code, all coins minted
under this Act shall be considered to be numismatic items.
SEC. 3. DESIGN OF COINS.
(a) Design Requirements-
(1) IN GENERAL- The design of the coins minted under
this Act shall--
(A) bear an image of former President Ronald Wilson
Reagan on the obverse side; and
(B) bear a design on the reverse side that is similar to
the depiction of an American eagle carrying an olive
branch, flying above a nest containing another eagle
and hatchlings.
(2) DESIGNATION AND INSCRIPTIONS- On each coin minted
under this Act, there shall be--
(A) a designation of the value of the coin;
(B) an inscription of the year `2013'; and
(C) inscriptions of the words `Liberty', `In God We Trust',
`United States of America', and `E Pluribus Unum'.
(b) Design Selection- The design for the coins minted
under this Act shall be--
(1) selected by the Secretary, after consultation with the
Commission of Fine Arts; and
(2) reviewed by the Citizens Commemorative Coin
Advisory Committee.
SEC. 4. ISSUANCE OF COINS.
(a) Quality of Coins- Coins minted under this Act shall
be issued in uncirculated and proof qualities.
(b) Mint Facility- Only 1 facility of the United States
Mint may be used to strike any particular quality of the
coins minted under this Act.
(c) Commencement of Issuance- The Secretary may issue
coins minted under this Act beginning on January 1, 2013,
except that the Secretary may initiate sales of such
coins, without issuance, before such date.
(d) Termination of Minting Authority- No coins shall be
minted under this Act after December 31, 2013.
SEC. 5. SALE OF COINS.
(a) Sale Price- The coins issued under this Act shall be
sold by the Secretary at a price equal to the sum of--
(1) the face value of the coins;
(2) the surcharge provided in section 6(a) with respect
to such coins; and
(3) the cost of designing and issuing the coins
(including labor, materials, dies, use of machinery,
overhead expenses, marketing, and shipping).
(b) Bulk Sales- The Secretary shall make bulk sales of
the coins issued under this Act at a reasonable
discount.
(c) Prepaid Orders-
(1) IN GENERAL- The Secretary shall accept prepaid
orders for the coins minted under this Act before
the issuance of such coins.
(2) DISCOUNT- Sale prices with respect to prepaid
orders under paragraph (1) shall be at a
reasonable discount.
SEC. 6. SURCHARGES.
(a) In General- All sales of coins minted under this
Act shall include a surcharge as follows:
(1) A surcharge of $35 per coin for the $5 coin.
(2) A surcharge of $10 per coin for the $1 coin.
(b) Distribution- Subject to section 5134(f) of
title 31, United States Code, the proceeds from the
surcharges received by the Secretary from the sale
of coins issued under this Act shall be paid
promptly by the Secretary to the Army Emergency
Fund to be used by the Army Emergency Fund for
the purposes of providing financial assistance to
any of the following individuals:
(1) An individual who is an Army active duty
soldier, single or married, or a dependent of
such a soldier.
(2) A member of the Army National Guard or Army Reserve
on continuous active duty under title 10, United States
Code, for more than 30 consecutive days, or a dependent
of such a member.
(3) A soldier retired from active duty because of
longevity or physical disability, including any Army
National Guard or Army Reserve soldier who is in receipt
of Army retired pay, or any authorized dependent of such
soldier.
(4) A surviving spouse or dependent child of a soldier
who died while on active duty or after retirement.
(c) Audits- The Army Emergency Fund shall be subject to
the audit requirements of section 5134(f)(2) of
title 31, United States Code, with regard to such funds.
(d) Limitation- Notwithstanding subsection (a), no
surcharge may be included with respect to the issuance
under this Act of any coin during a calendar year if,
as of the time of such issuance, the issuance of such
coin would result in the number of commemorative coin
programs issued during such year to exceed the annual
2 commemorative coin program issuance limitation under
section 5112(m)(1) of title 31, United States Code
(as in effect on the date of the enactment of this
Act). The Secretary of the Treasury may issue guidance
to carry out this subsection.
..
Mr. Jaggers
> FROM: Library Of Congress (Thomas). Introduced 07/24/09.
>
> Ronald Reagan Commemorative Coin Act of 2009 (Introduced in House)
>
> HR 3341 IH
>
>
> 111th CONGRESS
>
> 1st Session
>
> H. R. 3341
> To require the Secretary of the Treasury to mint coins in
> commemoration of Ronald Wilson Reagan, the 40th President
> of the United States.
I am offended that the memory of Ronald Reagan will be so panderingly
commercialized. The shyster advertisers will breathlessly flog this set for
far more than market value in otherwise respectable venues.
James
mazorj
"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
news:h4pqb...@enews2.newsguy.com...
Hey, the Great Comboobulator would have applauded the entrepreneurial spirit
of making obscene profits by commercializing his commem. Especially if they
put a holographic sticker of his face on the reverse, and flog it on AM talk
radio venues.
I, however, am disappointed. Nowhere does the bill specify an historically
appropriate Teflon coating.
Mr. Jaggers
> "Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
> news:h4pqb...@enews2.newsguy.com...
>> Arizona Coin Collector wrote:
>>> FROM: Library Of Congress (Thomas). Introduced 07/24/09.
>>>
>>> Ronald Reagan Commemorative Coin Act of 2009 (Introduced in House)
>>>
>>> HR 3341 IH
>>>
>>> 111th CONGRESS
>>>
>>> 1st Session
>>>
>>> H. R. 3341
>>> To require the Secretary of the Treasury to mint coins in
>>> commemoration of Ronald Wilson Reagan, the 40th President
>>> of the United States.
>>
>> I am offended that the memory of Ronald Reagan will be so panderingly
>> commercialized. The shyster advertisers will breathlessly flog this
>> set for far more than market value in otherwise respectable venues.
.>
> Hey, the Great Comboobulator would have applauded the entrepreneurial
> spirit of making obscene profits by commercializing his commem. Especially
> if they put a holographic sticker of his face on the
> reverse, and flog it on AM talk radio venues.
Oh, that they will flog it on AM talk radio is a given. Right between the
ads for debt repudiation services and the ads for rural Tennessee building
lots, each with its private boatslip and never before offered to the public.
> I, however, am disappointed. Nowhere does the bill specify an
> historically appropriate Teflon coating.
What gets me is that nowhere does the bill specify acknowledgement of his
humble beginnings in smalltown America.
James the Marginally Cosmopolitan
shreadvector
>
> - Show quoted text -
http://www.hulu.com/watch/4174/saturday-night-live-president-reagan-mastermind
Mr. Jaggers
I'll see your SNL and raise you the Tonight Show
http://www.nexline.ch/div/carson_does_reagan1.html
James
Peter
>
> I'll see your SNL and raise you the Tonight Show
>
> http://www.nexline.ch/div/carson_does_reagan1.html
>
>
> - Show quoted text -
Really, the job of being head of state is a unique role. There is
really no specific training for it. When the incumbent has been there
for a time there is then a risk of becoming stale and tired in the
job.
One way to handle this challenge might be to remember the old adage, a
change of work is the best vacation. This idea occurred to me around
1983 and caused me to wonder if it might be mutually advantageous to
swap Mr. Reagan & Maggie Thatcher. Actually, I still think it would
have been a good idea.
Mr. Jaggers
OK, I'll pose a question that I've posed here before.
The population of the U.S. is 75X what it was in the day of Jefferson,
Washington, Hamilton, Madison, Jay, Paine, Franklin, et al. By extension
there should be 75X the number of equivalents of those famous Founders.
Are those Founders sufficiently mythologized that their reality is
completely hidden from us? If they were indeed what our national mythology
believes, then where are their modern equivalents?
James
mazorj
"Peter" <w2...@hotmail.com> wrote in message
news:097bb5c3-eccf-4b40...@r24g2000vbn.googlegroups.com...
True, but this is hardly limited to the top elective and administrative
offices.
< One way to handle this challenge might be to remember the old adage, a
change of work is the best vacation.
I suspect that many of us never heard that adage before, Peter.
Furthermore, IMO there's a good reason for that! The closest I can recall
to that sentiment is "taking a busman's holiday" and it usually carries the
implied question of "Why the heck would you do that on your vacation?"
> This idea occurred to me around
1983 and caused me to wonder if it might be mutually advantageous to swap
Mr. Reagan & Maggie Thatcher. Actually, I still think it would have been a
good idea.
One minor problem: How could you tell? :-D
shreadvector
>
> - Show quoted text -
The "naughty bits".
mazorj
"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
The really competent ones became political consultants.
I think the less competent ones poured their "founding father" and
leadership skills into founding and heading companies where they became
multi-millionaires off the IPOs of companies that never turned a dime of
profit, or from their executive bonuses for corporations that lose money as
fast as the government can print it for them. (If this sounds dubious,
consider the close parallels between these examples of well-rewarded but
incompetent private enterprise, and the politicians who are rewarded for
their incompetence by being continually re-elected. Business and government
are a lot more alike than you think.)
PC
wrote:
I suggest two hands trading cocaine for assault rifles on the
reverse. Or an outline map of Grenada. Or a facade of something.
mazorj
"shreadvector" <fred.e....@alum.mit.edu> wrote in message
news:28f93dc7-7691-45f7...@v15g2000prn.googlegroups.com...
With Benny Hill gone, does anyone there even remember what to look for?
oly
Yes, the "warts" of the founding fathers are pretty well hidden
today.
But yes, we do seem to have all kinds of folks today like Robert
Morris, financier of the American Revolution and later a spectacularly-
failed land speculator. Boat loads of those real estate-flipping
bastages.
I would like to see this date on this Ronald Reagan coin changed to
2011. I will buy several if they are issued, regardless of date.
oly
mazorj
<
http://www.hulu.com/watch/4174/saturday-night-live-president-reagan-mastermind
Haw! The impersonations weren't nearly in the same league as Tina Fey's
Palin, but then, she unintentionally set the new gold standard for that.
Jerry Dennis
wrote:
This is all for naught... Unless there's been a change I'm not aware
of, former first lady, Nancy Reagan, already said, "No."
Jerry
Arizona Coin Collector
"Jerry Dennis" <JDen...@aol.com> wrote in message
news:f4d9d300-bad4-41ba...@a26g2000yqn.googlegroups.com...
This is all for naught... Unless there's been a change I'm not aware
of, former first lady, Nancy Reagan, already said, "No."
Jerry
Hello
It would appear the Republicans do not respect her wishes.
The Bill is very real. This is the second time they have tried to
get a coin act through. It died last year.
You can also check out an additional story on the
link shown below on the 2009 act.
http://www.coinnews.net/2009/07/29/ronald-reagan-gold-and-silver-coins-proposed/
Back on 02/06/2008, the 110th Congress tried to enact H.R. 5253 that would
have
created a $1.00 coin. The Act was called: "Ronald Reagan Centennial
Commission Act".
It died before the end of the second congressional session.
Maybe the Coin Act alone will work this time.
..
..
Mr. Jaggers
> "Jerry Dennis" <JDen...@aol.com> wrote in message
> news:f4d9d300-bad4-41ba...@a26g2000yqn.googlegroups.com...
>
> This is all for naught... Unless there's been a change I'm not aware
> of, former first lady, Nancy Reagan, already said, "No."
Specifically, I believe, to a Reagan dime, for which a bill was introduced
shortly after RR died
http://money.cnn.com/2004/06/22/news/reagandimedead/index.htm?cnn=yes
James the Tither
PC
wrote:
> "Jerry Dennis" <JDen1...@aol.com> wrote in message
>
> news:f4d9d300-bad4-41ba...@a26g2000yqn.googlegroups.com...
>
> This is all for naught... Unless there's been a change I'm not aware
> of, former first lady, Nancy Reagan, already said, "No."
>
> Jerry
>
> Hello
>
> It would appear the Republicans do not respect her wishes.
> The Bill is very real.
Wow. That poor woman deserves to have her wishes respected. She went
through a lot in his later years.
Jerry Dennis
wrote:
> Arizona Coin Collector wrote:
> > "Jerry Dennis" <JDen1...@aol.com> wrote in message
> >news:f4d9d300-bad4-41ba...@a26g2000yqn.googlegroups.com...
>
> > This is all for naught... Unless there's been a change I'm not aware
> > of, former first lady, Nancy Reagan, already said, "No."
>
> Specifically, I believe, to a Reagan dime, for which a bill was introduced
> shortly after RR died
>
> http://money.cnn.com/2004/06/22/news/reagandimedead/index.htm?cnn=yes
>
> James the Tither
Thou speaketh the truth, Rev. James. "Twas the Reagan Dime to which
she objected. I'd forgotten; I beg thy forgiveness.
On the serious side, I, personally, would support a Reagan
Commemorative coin, but I would first give Mrs. Reagan the courtesy of
whether she feels "Dutch" would have approved. Like oly, I, too,
would purchase a few. I feel history will show he was one of the
great Presidents.
Jerry
Mr. Jaggers
> On Jul 30, 11:43?am, "Mr. Jaggers" <lugburzman[at]yahoo[dot]com>
Verily, have I been called many things, but ne'er before "Reverend." 'Tis a
title I merit not, having oft been weighed in the balance and found wanting.
I never thought it possible that, as a nation, we could ever top the
excesses of the 1930s commemorative coin issues, but we certainly have
managed. The 1982 Washington half dollar was OK, and the Statue of Liberty
set worthwhile, but then we started down the same primrose path once again,
to the point where having a commemorative coin struck in your memory puts
you in pretty dubious company. There are lots of more appropriate ways to
honor the late President, if one is so inclined, methinks.
James, who is owned by a Sheltie named Dutch
Michael G. Koerner
I'll just happily wait until the Reagan $1 coin comes out in its turn.
:-)
--
___________________________________________ ____ _______________
Regards, | |\ ____
| | | | |\
Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
___________________________________________ | | | | | | _______________
Mr. Jaggers
My goal is to still be above ground when it comes out. 8>)
James the Old Codger
shreadvector
>
> - Show quoted text -
JC must expire first unless they revise the law.