Coin Collecting News
Yet another bill has been introduced in Congress seeking to address issues related to $1 coins. This is the seventh such bill that has been introduced in less than a three month time span. The first five bills sought to abolish the Presidential $1 Coin program or limit the production of $1 coins through various [...]
On September 20, 2011, a bill was introduced in the House of Representatives which seeks to authorize three commemorative coins to be issued for the bicentennial of the election of James Monroe as President. A similar bill was introduced in the last session of Congress, but it failed to become law. The current bill H.R. [...]
A bill recently introduced in the House of Representatives would broadly seek to improve the circulation of $1 coins and eventually have them replace $1 Federal Reserve Notes as the only $1 monetary unit issued and circulated by the Federal Reserve System. Introduced on September 20, 2011 by Rep. David Schweikert, the bill H.R. 2977 [...]
Although there have been more than a dozen coin related bills introduced in the 112th Congress, so far none of the bills have been approved. In fact, none of the bills have been voted on in either the House of Representatives of Senate. In order to become law, a bill must be voted on and [...]
Following the three bills introduced in July, three more bills were introduced on August 1, 2011, which attempt to deal with the issue of the growing hoard of $1 coins held by Federal Reserve Banks. All six of the bills have been referred to committee and none have attracted a significant number of cosponsors. The [...]
On July 19, 2011, separate bills were introduced in the House of Representatives and the Senate which call for the termination of the Presidential $1 Coin Program. The legislation follows numerous high profile media reports about growing hoard of $1 coins in storage and a report from the Federal Reserve System Board of Governors indicating [...]
On July 14, 2011, the bill H.R. 2527 National Baseball Hall of Fame Commemorative Coin Act was introduced by Rep. Richard Hanna of New York. If approved, the Secretary of the Treasury would be required to mint and issue commemorative coins to recognize and celebrate the 75th anniversary of the National Baseball Hall of Fame [...]
On July 7, 2011, the bill H.R. 2453: Mark Twain Commemorative Coin Act was introduced in the House of Representatives by Blaine Luetkemeyer of Missouri. If approved, the Secretary of the Treasury would be required to mint and issue gold and silver coins in commemoration of Samuel Langhorne Clemens, better known to the world as [...]
A bill has been introduced in the Senate which seeks to require the Secretary of the Treasury to mint and issue gold and silver commemorative coins for the National Future Farmers of America Organization. The National FFA Organization was founded in 1928 as the “Future Farmers of America” to help prepare future generations for the [...]
On June 3, 2011, H.R. 2139 was introduced in the House of Representatives by Rep. Peter Roskam. The bill seeks to authorize the production of commemorative silver dollars to mark the centennial of the Lions Clubs International, which will occur in 2017. The Lions Clubs International was founded in 1917 by Melvin Jones. The organization [...]
