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Medal of Honor Commemorative Coin Act Passes Congress

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Arizona Coin Collector

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Oct 23, 2009, 10:00:15 PM10/23/09
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FROM:
http://www.silvercoinstoday.com/medal-of-honor-commemorative-coin-act-passes-congress/101554/

Medal of Honor Commemorative Coin Act Passes Congress

October 23, 2009
by Darrin Lee Unser

Legislation known as the Medal of Honor Commemorative
Coin Act of 2009, H.R. 1209, has been approved by
Congress and will move quickly -- within weeks -- for
an expected signature from President Obama, which will
make it law.

The U.S. Senate passed the bill by unanimous consent
on Thursday, October 22, 2009. The legislation was
introduced by Rep. Christopher Carney, and passed in
the The U.S. House of Representatives back on
May 14, 2009.

Carney is one of two members of the House that are
currently actively serving in the armed forces.

The Act authorizes the US Mint to strike up to
500,000 $1 silver coins and 100,000 $5 gold coins
that will include motifs that represent the 3 Medal
of Honor designs (Army, Navy, and Air Force) as well
as be a tribute to the Medal of Honor recipients.
The legislation requires they be "emblematic of the
traditions, legacy, and heritage of the Medal of
Honor, and the distinguished service of its
recipients in the Nation's history."

First authorized by Congress in 1861, the Medal of
Honor is the highest military decoration awarded
by the United States government. It is presented
by the President in the name of Congress to
members of the armed forces who have
distinguished themselves above and beyond the call
of duty, usually putting their life in jeopardy
by doing so.

A $10 surcharge is to be added to the sale of each
coin that will be forwarded to the Congressional
Medal of Honor Foundation to help continue its
programs.

Slated to be struck in 2011, the silver coins
will contain 90% silver and 10% copper. Each
will have a diameter of 1.5 inches and weigh
26.73 grams.

The coin bill is the second to pass in the
Senate this week, following Tuesday's passage
of Girl Scouts legislation which will introduce
350,000 silver coins in 2013.


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