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Articles on July 18th, 2008

NASA Commemorative Coin Bill Passes Twice in House

NASA commemorative coin symbolThe House of Representatives passed commemorative coin legislation Tuesday that would issue silver and gold coins honoring NASA’s 50th anniversary this year. The legislation, H.R. 6455, was introduced and passed swiftly in five days.

Praiseworthy speed? Perhaps not… Consider first that H.R. 6455 is nearly identical to H.R. 2750, which the House had already passed in 2007. And for all practical purposes, it’s identical to the Senate’s June passage of S. 2159.

Before getting into why there are three bills, its more important to know what the passage of any one of them means to coin collectors. Each bill would authorize the United States Mint to issue:

  • 300,000 one-ounce silver dollars for each of 9 designs depicting the 8 planets, plus 1 coin for dwarf planets (Pluto)

  • 50,000 one-ounce $50 gold coins depicting the sun and emblematic of US astronaut sacrifices

The $50 gold coin would only be issued as part of a complete set with the 9 silver commemoratives. All coins would be 2008 dated to honor the 50th anniversary of NASA’s first day of operations on October 1, 1958.

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