A bill requiring the Secretary of the Treasury to mint and issue coins in commemoration of the 225th anniversary of the United States Marshals Service has been signed into law by the President.
The bill H.R. 886 United States Marshals Service 225th Anniversary Commemorative Coin Act was introduced by Rep. Steve Womack of Arkansas on March 2, 2011. The bill passed in the House on December 15, 2011, passed in the Senate with amendments on March 15, 2012, and was signed by the President on April 2, 2012.
The amendment was included to ensure that the minting and issuance of coins will not result in any net cost to the United States Government.
The program will include $5 gold coins with a maximum mintage of 100,000, silver dollars with a maximum mintage of 500,000, and clad half dollars with a maximum mintage of 750,000. Each coin will be issued in proof and uncirculated qualities. The coins are authorized for sale to the public on January 15, 2015. No coins may be minted after December 31, 2015.
A limited number of coins may be made available to the Director of the United States Marshals Service and employees for display and presentation during the 225th Anniversary celebration, which will take place in 2014.
Sales prices for the coins will be based on the cost of designing and issuing the coins, the face value, and the surcharges specified in the legislation.
The surcharges are $35 per gold coin, $10 per silver dollar, and $3 per half dollar. The first $5 million of the surcharges will be distributed to the US Marshals Museum for the preservation, maintenance, and display of artifacts and documents. Additional amounts would be distributed in thirds to the National Center for Missing & Exploited Children, the Federal Law Enforcement Officers Association Foundation, and the National Law Enforcement Officers Memorial Fund.