Congressman Ron Paul [R-TX] is seeking to end all taxes charged by federal, state and local governments on coins and bullion. Rep. Paul introduced the Free Competition in Currency Act of 2011, H.R. 1098, in the United States House of Representatives on March 15, 2011.
The move to end the taxation is one of three parts to the bill and marks a continuation of an effort by Paul that can be traced back to previous Congressional sessions. Those attempts stalled, leaving Ron Paul [...]
Newly introduced legislation would authorize the United States Mint to produce gold, silver and clad commemorative coins honoring the 225th anniversary of the establishment of the US Marshals Service.
The United States Marshals Service 225th Anniversary Commemorative Coin Act calls for a maximum of 100,000 $5 gold coins, 500,000 silver dollars and 750,000 clad half dollars to be minted and issued for the public in calendar year 2015. A limited number [...]
The Ronald Reagan Commemorative Coin Act of 2011, numbered H.R. 497, is the first coin-related bill introduced this year and in the 112th Congress.
The legislation calls for up to 50,000 $5 coins and 300,000 $1 coins featuring an image of Reagan on the obverse or heads side with an inscription that celebrates the 100th anniversary of his birth, which is on Sunday, February 6, 2011 [...]
A series of new coins, American Palladium Eagles, are set join the United States Mint family of gold, silver and platinum coins.
President Obama signed the American Eagle Palladium Bullion Coin Act of 2010 into Public Law 111-303 on Tuesday, December 14, 2010. It went through the House and Senate as H.R. 6161, which was introduced by Rep. Denny Rehberg of Montana on September 22, 2010 [...]
A multipurpose bill named the Coin Modernization, Oversight, and Continuity Act of 2010 is set to become law following its House passage in September 22, 2010, and its approval in the Senate on November 30, 2010.
Once President Obama signs the coin modernization act into law as he is expected to do this week, the United States Mint will be granted new powers to [...]
The American Eagle Palladium Bullion Coin Act of 2010 will soon become law. The Act passed in the House on September 29 and then in the Senate on November 30. It is now cleared for the White House.
When the Act is signed into law as the President is expected to do within a week, the United States Mint family of American Eagle products will expand to include palladium coins along with the gold, silver and platinum coins that have been produced for years [...]
As we know, the United States Mint does exactly what it is told by law. In order to understand what the U.S. Mint will do in the future, it is necessary to follow coin-related laws that are introduced and passed in Washington, DC.
Watching congress could be a sport in itself. But for our purposes, we limit the viewing to legislation concerning coin and the U.S. Mint [...]
Legislation was signed into law by President Obama on October 8, 2010, authorizing 2013-dated clad, silver and gold coins to commemorate America’s Five-Star Generals who taught or studied at the U.S. Army Command and General Staff College (CGSC). Those selected to be honored in the bill, which is now Public Law 111-261, include Generals George [...]
Congressional members have been voting on a series of bills as they prepare to leave Washington and return to their home districts to focus full time on their re-elections.
One of the bills would authorize American Palladium Eagles. The other would authorize Proof American Eagles, giving them equal weight to bullion coins. Both were introduced in the U.S. House of Representatives on September 22, 2010. Each were voted on exactly one week later — supersonic speed for coin legislation. They passed on Wednesday, September 29, 2010, and now await action in the U.S. Senate.
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A comprehensive bill introduced in the U.S. House of Representatives would authorize the United States Mint to produce proof gold and silver American Eagles and change the diameter and edge letterings of the upcoming America the Beautiful 5 oz Silver Coins. It would also give the U.S. Mint the authority to research and develop the [...]
