Up to 500,000 $1 silver coins and 100,000 $5 gold coins will be struck in 2011 by the United States Mint as authorized by the Medal of Honor Commemorative Coin Act of 2009 which President Obama signed into law Friday, Nov. 6, 2009.
The collector minted proof and uncirculated coins will mark the 150th anniversary of the establishment of the Medal of Honor in 1861, America’s highest award for valor which can be bestowed upon an individual serving in the Armed Services of the United States.
"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 the legislation which easily passed in the House and then the Senate.
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Legislation seeking to recognize and celebrate the establishment of the Medal of Honor was approved in the U.S Senate Thursday by Unanimous Consent. The bill, H.R. 1209, passed in the U.S. House of Representatives back on May 14, 2009.
Following a procedural clearance step, the Medal of Honor Commemorative Coin Act of 2009 will make its way to President Obama who is expected to sign it into law. That will 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 in 2011.
H.R. 1209, which was introduced by Rep. Christopher Carney, calls for gold and silver coin designs to 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." Read the rest of this entry »
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.
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Following a two-week recess, legislatures returned to work and quickly added three coinage related bills in three days. The two newest bills on Thursday complement legislation already introduced.
In the House, Rep. C.A. Dutch Ruppersberger sponsored H.R. 2097. The bill is a companion to the Senate’s S. 653, known as the Star-Spangled Banner Commemorative Coin Act. The legislation would authorize 500,000 silver $1s and 100,000 $5 gold coins in proof and uncirculated for 2012 to celebrate the bicentennial of the writing of the Star-Spangled Banner.
In the Senate, Sen. John Kerry brought forth S. 883, which complements House bill H.R. 1209, known as the Medal of Honor Commemorative Coin Act of 2009. The bill seeks 500,000 silver dollars and 100,000 $5 gold coins in proof and uncirculated for 2011 in recognition and celebration of the establishment of the Medal of Honor in 1861. Read the rest of this entry »
US gold and silver coins would be struck in recognition and in celebration of the Medal of Honor and its establishment in 1861, should a newly introduced bill (H.R. 1209) become law.
The Medal of Honor is America’s highest award for valor in action against an enemy force that can be bestowed upon an individual serving in the Armed Services of the United States.
H.R. 1209, entitled the Medal of Honor Commemorative Coin Act of 2009, would authorize the United States Mint in 2011 to strike up to 500,000 $1 silver coins and 100,000 $5 gold coins in proof and uncirculated conditions. Read the rest of this entry »