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.
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...
"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.
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...