Daily Archives: May 18, 2009
41st Annual American Numismatic Association Summer Seminar
Gold, Silver Retreat as Stocks Surge
Medal of Honor Commemorative Coin Legislation Passes in House
The U.S. House of Representatives on Thursday passed legislation to commemorate Medal of Honor recipients with silver and gold coins in 2011.
The Medal of Honor Commemorative Coin Act of 2009, H.R. 1209 would authorize the United States Mint to strike up to 500,000 $1 silver coins and 100,000 $5 gold coins in proof and uncirculated conditions.
"We owe everything to those who wore the uniform and committed extraordinary acts of bravery in defense of their colleagues and nation," said Rep. Christopher Carney who introduced H.R. 1209.
"This bill will not only recognize the outstanding achievements of these men and women, but the proceeds from the sale of the coins will go to educate people about the significance and exclusivity of the award," Carney added.