A bill has recently been introduced in the House of Representatives which seeks to require the Secretary of the Treasury to mint and issue coins in commemoration of the National Purple Heart Hall of Honor.
The Purple Heart is awarded in the name of the President to members of the United States armed forces who are wounded or killed while serving.
The National Purple Heart Hall of Honor recognizes the more than 1.7 million U.S. service members wounded or killed in action from the Revolutionary War to the present day. It is located at the New Windsor Cantonment State Historic Site in New York, where General George Washington first awarded the Bade of Military Merit, a piece of purple cloth that became the model for the Purple Heart.
The bill H.R. 3867 was introduced by Rep. Sean Maloney of New York on January 14, 2014. It would authorize the minting and issuance of up to 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 clad half dollars with designs emblematic of the National Purple Heart Hall of Honor.
The gold coins would be struck in 90% gold and 10% alloy with a weight of 8.359 grams and diameter of 0.850 inches. The silver coins would be struck in 90% silver and 10% copper with a weight of 26.73 grams and diameter of 1.500 inches. The half dollars would be struck in copper-nickel clad with a weight of 11.34 grams and diameter of 1.205 inches.
Each coin would be issued in both uncirculated and proof qualities, with production of all coins to take place at the West Point Mint. The coins would be issued only during the 1-year period beginning on January 1, 2017.
Sales prices for the coins would be equal to the sum of the face value, the specified surcharge, and the cost of designing and issuing the coins. Subject to certain conditions, the surcharge amounts of $35 per gold coin, $10 per silver coin, and $5 per half dollar would be distributable to the National Purple Heart Hall of Honor, Inc., to help finance the construction of a new building and renovation of existing National Purple Heart Hall of Honor facilities.
The bill currently has 17 cosponsors. In order to become law, it must be passed in both the House and Senate, and then signed into law by the President.