
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document affected by Public Law 106-445 Section 2(b)]
[Document affected by Public Law 106-375]
[Document affected by Public Law 106-435]
[CITE: 31USC5112]

 
                       TITLE 31--MONEY AND FINANCE
 
                           SUBTITLE IV--MONEY
 
                     CHAPTER 51--COINS AND CURRENCY
 
                    SUBCHAPTER II--GENERAL AUTHORITY
 
Sec. 5112. Denominations, specifications, and design of coins

    (a) The Secretary of the Treasury may mint and issue only the 
following coins:
        (1) a dollar coin that is 1.043 inches in diameter.
        (2) a half dollar coin that is 1.205 inches in diameter and 
    weighs 11.34 grams.
        (3) a quarter dollar coin that is 0.955 inch in diameter and 
    weighs 5.67 grams.
        (4) a dime coin that is 0.705 inch in diameter and weighs 2.268 
    grams.
        (5) a 5-cent coin that is 0.835 inch in diameter and weighs 5 
    grams.
        (6) except as provided under subsection (c) of this section, a 
    one-cent coin that is 0.75 inch in diameter and weighs 3.11 grams.
        (7) A fifty dollar gold coin that is 32.7 millimeters in 
    diameter, weighs 33.931 grams, and contains one troy ounce of fine 
    gold.
        (8) A twenty-five dollar gold coin that is 27.0 millimeters in 
    diameter, weighs 16.966 grams, and contains one-half troy ounce of 
    fine gold.
        (9) A ten dollar gold coin that is 22.0 millimeters in diameter, 
    weighs 8.483 grams, and contains one-fourth troy ounce of fine gold.
        (10) A five dollar gold coin that is 16.5 millimeters in 
    diameter, weighs 3.393 grams, and contains one-tenth troy ounce of 
    fine gold.

    (b) The half dollar, quarter dollar, and dime coins are clad coins 
with 3 layers of metal. The 2 identical outer layers are an alloy of 75 
percent copper and 25 percent nickel. The inner layer is copper. The 
outer layers are metallurgically bonded to the inner layer and weigh at 
least 30 percent of the weight of the coin. The dollar coin shall be 
golden in color, have a distinctive edge, have tactile and visual 
features that make the denomination of the coin readily discernible, be 
minted and fabricated in the United States, and have similar metallic, 
anti-counterfeiting properties as United States coinage in circulation 
on the date of enactment of the United States $1 Coin Act of 1997. The 
5-cent coin is an alloy of 75 percent copper and 25 percent nickel. In 
minting 5-cent coins, the Secretary shall use bars that vary not more 
than 2.5 percent from the percent of nickel required. Except as provided 
under subsection (c) of this section, the one-cent coin is an alloy of 
95 percent copper and 5 percent zinc. In minting gold coins, the 
Secretary shall use alloys that vary not more than 0.1 percent from the 
percent of gold required. The specifications for alloys are by weight.
    (c) The Secretary may prescribe the weight and the composition of 
copper and zinc in the alloy of the one-cent coin that the Secretary 
decides are appropriate when the Secretary decides that a different 
weight and alloy of copper and zinc are necessary to ensure an adequate 
supply of one-cent coins to meet the needs of the United States.
    (d)(1) United States coins shall have the inscription ``In God We 
Trust''. The obverse side of each coin shall have the inscription 
``Liberty''. The reverse side of each coin shall have the inscriptions 
``United States of America'' and ``E Pluribus Unum'' and a designation 
of the value of the coin. The design on the reverse side of the dollar, 
half dollar, and quarter dollar is an eagle. The Secretary of the 
Treasury, in consultation with the Congress, shall select appropriate 
designs for the obverse and reverse sides of the dollar coin. The coins 
have an inscription of the year of minting or issuance. However, to 
prevent or alleviate a shortage of a denomination, the Secretary may 
inscribe coins of the denomination with the year that was last inscribed 
on coins of the denomination.
    (2) The Secretary shall prepare the devices, models, hubs, and dies 
for coins, emblems, devices, inscriptions, and designs authorized under 
this chapter. The Secretary may adopt and prepare new designs or models 
of emblems or devices that are authorized in the same way as when new 
coins or devices are authorized. The Secretary may change the design or 
die of a coin only once within 25 years of the first adoption of the 
design, model, hub, or die for that coin. The Secretary may procure 
services under section 3109 of title 5 in carrying out this paragraph.
    (e) Notwithstanding any other provision of law, the Secretary shall 
mint and issue, in quantities sufficient to meet public demand, coins 
which--
        (1) are 40.6 millimeters in diameter and weigh 31.103 grams;
        (2) contain .999 fine silver;
        (3) have a design--
            (A) symbolic of Liberty on the obverse side; and
            (B) of an eagle on the reverse side;

        (4) have inscriptions of the year of minting or issuance, and 
    the words ``Liberty'', ``In God We Trust'', ``United States of 
    America'', ``1 Oz. Fine Silver'', ``E Pluribus Unum'', and ``One 
    Dollar''; and
        (5) have reeded edges.

    (f) Silver Coins.--
        (1) Sale price.--The Secretary shall sell the coins minted under 
    subsection (e) to the public at a price equal to the market value of 
    the bullion at the time of sale, plus the cost of minting, 
    marketing, and distributing such coins (including labor, materials, 
    dies, use of machinery, and promotional and overhead expenses).
        (2) Bulk sales.--The Secretary shall make bulk sales of the 
    coins minted under subsection (e) at a reasonable discount.
        (3) Numismatic items.--For purposes of section 5132(a)(1) of 
    this title, all coins minted under subsection (e) shall be 
    considered to be numismatic items.

    (g) For purposes of section 5132(a)(1) of this title, all coins 
minted under subsection (e) of this section shall be considered to be 
numismatic items.
    (h) The coins issued under this title shall be legal tender as 
provided in section 5103 of this title.
    (i)(1) Notwithstanding section 5111(a)(1) of this title, the 
Secretary shall mint and issue the gold coins described in paragraphs 
(7), (8), (9), and (10) of subsection (a) of this section, in quantities 
sufficient to meet public demand, and such gold coins shall--
        (A) have a design determined by the Secretary, except that the 
    fifty dollar gold coin shall have--
            (i) on the obverse side, a design symbolic of Liberty; and
            (ii) on the reverse side, a design representing a family of 
        eagles, with the male carrying an olive branch and flying above 
        a nest containing a female eagle and hatchlings;

        (B) have inscriptions of the denomination, the weight of the 
    fine gold content, the year of minting or issuance, and the words 
    ``Liberty'', ``In God We Trust'', ``United States of America'', and 
    ``E Pluribus Unum''; and
        (C) have reeded edges.

    (2)(A) The Secretary shall sell the coins minted under this 
subsection to the public at a price equal to the market value of the 
bullion at the time of sale, plus the cost of minting, marketing, and 
distributing such coins (including labor, materials, dies, use of 
machinery, and promotional and overhead expenses).
    (B) The Secretary shall make bulk sales of the coins minted under 
this subsection at a reasonable discount.
    (3) For purposes of section 5132(a)(1) of this title, all coins 
minted under this subsection shall be considered to be numismatic items.
    (4)(A) Notwithstanding any other provision of law and subject to 
subparagraph (B), the Secretary of the Treasury may change the diameter, 
weight, or design of any coin minted under this subsection or the 
fineness of the gold in the alloy of any such coin if the Secretary 
determines that the specific diameter, weight, design, or fineness of 
gold which differs from that otherwise required by law is appropriate 
for such coin.
    (B) The Secretary may not mint any coin with respect to which a 
determination has been made by the Secretary under subparagraph (A) 
before the end of the 30-day period beginning on the date a notice of 
such determination is published in the Federal Register.
    (C) The Secretary may continue to mint and issue coins in accordance 
with the specifications contained in paragraphs (7), (8), (9), and (10) 
of subsection (a) and paragraph (1)(A) of this subsection at the same 
time the Secretary in minting and issuing other bullion and proof gold 
coins under this subsection in accordance with such program procedures 
and coin specifications, designs, varieties, quantities, denominations, 
and inscriptions as the Secretary, in the Secretary's discretion, may 
prescribe from time to time.
    (j) General Waiver of Procurement Regulations.--
        (1) In general.--Except as provided in paragraph (2), no 
    provision of law governing procurement or public contracts shall be 
    applicable to the procurement of goods or services necessary for 
    minting, marketing, or issuing any coin authorized under paragraph 
    (7), (8), (9), or (10) of subsection (a) or subsection (e), 
    including any proof version of any such coin.
        (2) Equal employment opportunity.--Paragraph (1) shall not 
    relieve any person entering into a contract with respect to any coin 
    referred to in such paragraph from complying with any law relating 
    to equal employment opportunity.

    (k) The Secretary may mint and issue platinum bullion coins and 
proof platinum coins in accordance with such specifications, designs, 
varieties, quantities, denominations, and inscriptions as the Secretary, 
in the Secretary's discretion, may prescribe from time to time.
    (l) Redesign and Issuance of Quarter Dollar in Commemoration of Each 
of the 50 States.--
        (1) Redesign beginning in 1999.--
            (A) In general.--Notwithstanding the fourth sentence of 
        subsection (d)(1) and subsection (d)(2), quarter dollar coins 
        issued during the 10-year period beginning in 1999, shall have 
        designs on the reverse side selected in accordance with this 
        subsection which are emblematic of the 50 States.
            (B) Transition provision.--Notwithstanding subparagraph (A), 
        the Secretary may continue to mint and issue quarter dollars in 
        1999 which bear the design in effect before the redesign 
        required under this subsection and an inscription of the year 
        ``1998'' as required to ensure a smooth transition into the 10-
        year program under this subsection.
            (C) Flexibility with regard to placement of inscriptions.--
        Notwithstanding subsection (d)(1), the Secretary may select a 
        design for quarter dollars issued during the 10-year period 
        referred to in subparagraph (A) in which--
                (i) the inscription described in the second sentence of 
            subsection (d)(1) appears on the reverse side of any such 
            quarter dollars; and
                (ii) any inscription described in the third sentence of 
            subsection (d)(1) or the designation of the value of the 
            coin appears on the obverse side of any such quarter 
            dollars.

        (2) Single state designs.--The design on the reverse side of 
    each quarter dollar issued during the 10-year period referred to in 
    paragraph (1) shall be emblematic of 1 of the 50 States.
        (3) Issuance of coins commemorating 5 states during each of the 
    10 years.--
            (A) In general.--The designs for the quarter dollar coins 
        issued during each year of the 10-year period referred to in 
        paragraph (1) shall be emblematic of 5 States selected in the 
        order in which such States ratified the Constitution of the 
        United States or were admitted into the Union, as the case may 
        be.
            (B) Number of each of 5 coin designs in each year.--Of the 
        quarter dollar coins issued during each year of the 10-year 
        period referred to in paragraph (1), the Secretary of the 
        Treasury shall prescribe, on the basis of such factors as the 
        Secretary determines to be appropriate, the number of quarter 
        dollars which shall be issued with each of the 5 designs 
        selected for such year.

        (4) Selection of design.--
            (A) In general.--Each of the 50 designs required under this 
        subsection for quarter dollars shall be--
                (i) selected by the Secretary after consultation with--
                    (I) the Governor of the State being commemorated, or 
                such other State officials or group as the State may 
                designate for such purpose; and
                    (II) the Commission of Fine Arts; and

                (ii) reviewed by the Citizens Commemorative Coin 
            Advisory Committee.

            (B) Selection and approval process.--Designs for quarter 
        dollars may be submitted in accordance with the design selection 
        and approval process developed by the Secretary in the sole 
        discretion of the Secretary.
            (C) Participation.--The Secretary may include participation 
        by State officials, artists from the States, engravers of the 
        United States Mint, and members of the general public.
            (D) Standards.--Because it is important that the Nation's 
        coinage and currency bear dignified designs of which the 
        citizens of the United States can be proud, the Secretary shall 
        not select any frivolous or inappropriate design for any quarter 
        dollar minted under this subsection.
            (E) Prohibition on certain representations.--No head and 
        shoulders portrait or bust of any person, living or dead, and no 
        portrait of a living person may be included in the design of any 
        quarter dollar under this subsection.

        (5) Treatment as numismatic items.--For purposes of sections 
    5134 and 5136, all coins minted under this subsection shall be 
    considered to be numismatic items.
        (6) Issuance.--
            (A) Quality of coins.--The Secretary may mint and issue such 
        number of quarter dollars of each design selected under 
        paragraph (4) in uncirculated and proof qualities as the 
        Secretary determines to be appropriate.
            (B) Silver coins.--Notwithstanding subsection (b), the 
        Secretary may mint and issue such number of quarter dollars of 
        each design selected under paragraph (4) as the Secretary 
        determines to be appropriate, with a content of 90 percent 
        silver and 10 percent copper.
            (C) Sources of bullion.--The Secretary shall obtain silver 
        for minting coins under subparagraph (B) from available 
        resources, including stockpiles established under the Strategic 
        and Critical Materials Stock Piling Act.

        (7) Application in event of the admission of additional 
    states.--If any additional State is admitted into the Union before 
    the end of the 10-year period referred to in paragraph (1), the 
    Secretary of the Treasury may issue quarter dollar coins, in 
    accordance with this subsection, with a design which is emblematic 
    of such State during any 1 year of such 10-year period, in addition 
    to the quarter dollar coins issued during such year in accordance 
    with paragraph (3)(A).

    (m) Commemorative Coin Program Restrictions.--
        (1) Maximum number.--Beginning January 1, 1999, the Secretary 
    may mint and issue commemorative coins under this section during any 
    calendar year with respect to not more than 2 commemorative coin 
    programs.
        (2) Mintage levels.--
            (A) In general.--Except as provided in subparagraph (B), in 
        carrying out any commemorative coin program, the Secretary shall 
        mint--
                (i) not more than 750,000 clad half-dollar coins;
                (ii) not more than 500,000 silver one-dollar coins; and
                (iii) not more than 100,000 gold five-dollar or ten-
            dollar coins.

            (B) Exception.--If the Secretary determines, based on 
        independent, market-based research conducted by a designated 
        recipient organization of a commemorative coin program, that the 
        mintage levels described in subparagraph (A) are not adequate to 
        meet public demand for that commemorative coin, the Secretary 
        may waive one or more of the requirements of subparagraph (A) 
        with respect to that commemorative coin program.
            (C) Designated recipient organization defined.--For purposes 
        of this paragraph, the term ``designated recipient 
        organization'' means any organization designated, under any 
        provision of law, as the recipient of any surcharge imposed on 
        the sale of any numismatic item.

(Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 981; Pub. L. 97-452, 
Sec. 1(20), Jan. 12, 1983, 96 Stat. 2477; Pub. L. 99-61, title II, 
Sec. 202, July 9, 1985, 99 Stat. 115; Pub. L. 99-185, Sec. 2(a), (b), 
Dec. 17, 1985, 99 Stat. 1177; Pub. L. 100-274, Secs. 4(a), 6, Mar. 31, 
1988, 102 Stat. 50; Pub. L. 102-390, title II, Secs. 226(a), 227, 228, 
Oct. 6, 1992, 106 Stat. 1630; Pub. L. 103-272, Sec. 4(f)(1)(R), July 5, 
1994, 108 Stat. 1362; Pub. L. 104-208, div. A, title I, Sec. 101(f) 
[title V, Secs. 523, 524, 529(a)], Sept. 30, 1996, 110 Stat. 3009-314, 
3009-347 to 3009-349; Pub. L. 105-124, Secs. 3, 4(b)-(d), Dec. 1, 1997, 
111 Stat. 2534, 2536; Pub. L. 105-176, May 29, 1998, 112 Stat. 104; Pub. 
L. 106-445, Sec. 2(b), Nov. 6, 2000, 114 Stat. 1931.)

                                          Historical and Revision Notes
                                                    1982 Act
-------------------------------------------------------------------------------
---------------------------------
           Revised Section                   Source (U.S. Code)                
Source (Statutes at Large)
-------------------------------------------------------------------------------
---------------------------------
5112(a)..............................  31:317(a)(1st, last             R.S. Sec
.  3515(a); Sept. 26, 1890, ch.
                                        sentences).                     945, Se
c.  1, 26 Stat. 485; Sept. 5,
                                                                        1962, P
ub. L. 87-643, Sec.  1, 76 Stat.
                                                                        440; Oc
t. 11, 1974, Pub. L. 93-441, Sec.
                                                                         1, 88 
Stat. 1261.
                                       31:391(c).                      July 23,
 1965, Pub. L. 89-81, Sec.
                                                                        101(c),
 79 Stat. 255; restated Dec. 31,
                                                                        1970, P
ub. L. 91-607, Sec.  201, 84
                                                                        Stat. 1
768; Oct. 10, 1978, Pub. L. 95-
                                                                        447, Se
c.  2, 92 Stat. 1072.
5112(b)..............................  31:317(a)(2d, 3d sentences).
                                       31:346.                         R.S. Sec
.  3533; June 14, 1947, ch. 104,
                                                                        Sec.  1
, 61 Stat. 132.
                                       31:391(b).                      July 23,
 1965, Pub. L. 89-81, Sec.
                                                                        101(b),
 (d), 79 Stat. 254; restated Dec.
                                                                        31, 197
0, Pub. L. 91-607, Sec.  201, 84
                                                                        Stat. 1
768.
                                       31:398(1)-(4), (6).             July 23,
 1965, Pub. L. 89-81, Sec.
                                                                        108(1)-
(4), (6), 79 Stat. 255.
5112(c)..............................  31:317(b).                      R.S. Sec
.  3515(b); added Oct. 11, 1974,
                                                                        Pub. L.
 93-441, Sec.  1, 88 Stat. 1261.
5112(d)(1)...........................  31:324.                         R.S. Sec
.  3517; Mar. 3, 1887, ch. 396,
                                                                        Sec.  3
, 24 Stat. 635; Sept. 26, 1890,
                                                                        ch. 945
, Sec.  1, 26 Stat. 485; May 18,
                                                                        1908, c
h. 173, 35 Stat. 164; restated
                                                                        July 23
, 1965, Pub. L. 89-81, Sec.
                                                                        204(a),
 79 Stat. 256; Dec. 31, 1970,
                                                                        Pub. L.
 91-607, Sec.  206, 84 Stat.
                                                                        1769.
                                       31:324b-1.                      Oct. 10,
 1978, Pub. L. 95-447, Sec.  3,
                                                                        92 Stat
. 1072.
5112(d)(2)...........................  31:276.                         R.S. Sec
.  3510; restated Sept. 26, 1890,
                                                                        ch. 944
, 26 Stat. 484.
5112(e)..............................  31:324b.                        Dec. 31,
 1970, Pub. L. 91-607, Sec.  203,
                                                                        84 Stat
. 1769; Oct. 10, 1978, Pub. L. 95-
                                                                        447, Se
c.  4, 92 Stat. 1072.
                                       31:324c.                        Dec. 31,
 1970, Pub. L. 91-607, Sec.  209,
                                                                        84 Stat
. 1769.
                                       31:391(d).
                                       31:398(3), (4).
5112(f)..............................  31:321.                         R.S. Sec
.  3514; Jan. 30, 1934, ch. 6,
                                                                        Sec.  5
, 48 Stat. 340.
                                       31:399.                         July 23,
 1965, Pub. L. 89-81, 79 Stat.
                                                                        254, Se
c.  109; added Dec. 23, 1981,
                                                                        Pub. L.
 97-104, Sec.  2, 95 Stat. 1491.
-------------------------------------------------------------------------------
---------------------------------

    In subsection (a), the words before clause (1) are added because of 
the restatement. In clause (5), the words ``that is 0.835 inch in 
diameter'' are added because the Secretary of the Treasury has 
prescribed the diameter and the diameter of a coin may not be changed 
under 31:276. The words ``5 grams'' are substituted for ``seventy-seven 
and sixteen-hundredths grains troy'' for consistency in the revised 
chapter. In clause (6), the words ``that is 0.75 inch in diameter'' are 
added because the Secretary has prescribed the diameter and the diameter 
of a coin may not be changed under 31:276. The words ``except as 
provided under subsection (c) of this section'' are added for clarity 
and because of the restatement. The words ``3.11 grams'' are substituted 
for ``forty-eight grains'' for consistency in the revised chapter.
    In subsection (b), the words ``In minting 5-cent coins'' are 
substituted for ``in minor-coinage alloys'' in 31:346 because 5-cent 
coins are the minor coins composed of nickel. The words ``Secretary 
shall use'' are substituted for ``shall be used'' because of the source 
provisions restated in section 321 of the revised title. The word 
``bars'' is substituted for ``ingots'' for consistency in the revised 
chapter. The words ``2.5 percent'' are substituted for ``twenty-five 
thousandths'' for consistency in the revised title and with other titles 
of the United States Code. The words ``from the percent of nickel 
required'' are substituted for ``the legal standard . . . in the 
proportion of nickel'' because of the restatement. The words ``In silver 
ingots, six-thousandths'' are omitted as superseded by the source 
provisions restated in the section. The words ``In gold ingots, one-
thousandth'' in section 3533 of the Revised Statutes are omitted because 
gold coinage was discontinued by 31:315b. The words ``Except as provided 
in subsection (c) of this section'' are added for clarity and because of 
the restatement.
    In subsection (c), the words ``a different weight and alloy of 
copper and zinc'' are substituted for ``such action'' for clarity.
    In subsection (d)(1), the words ``an impression emblematic of 
liberty'' in 31:324 are omitted as obsolete. The words ``The design on 
the reverse side of the dollar, half dollar, and quarter dollar is an 
eagle'' are substituted for ``and upon the reverse side shall be the 
figure or representation of an eagle . . . but on the dime, 5-, and 1-
cent piece, the figure of the eagle shall be omitted'', and the words 
``The emblem on the obverse side of the dollar is'' are substituted for 
``The one-dollar coin authorized by section 391(c) of this title shall 
bear on the obverse side'' in 31:324b-1, to eliminate unnecessary words. 
The words ``Any coins minted after July 23, 1965, from 900 fine coin 
silver shall be inscribed with the year 1964'' in 31:324 are omitted 
because the Secretary no longer has authority to mint coins from 900 
fine coin silver.
    In subsection (d)(2), the word ``Secretary'' is substituted for 
``engraver'', ``Director of the Mint'', and ``Director of the Mint . . . 
with the approval of the Secretary of the Treasury'' because of the 
source provisions restated in section 321(c) of the revised title. The 
word ``dies'' is substituted for ``from the original dies already 
authorized all the working dies required for use in the coinage of the 
several mints'' and ``original dies'' to eliminate unnecessary words. 
The word ``inscription'' is substituted for ``legend'' for consistency 
in the section. The words ``Provided, That no change be made in the 
diameter of any coin'' are omitted as unnecessary because the diameters 
are prescribed by subsection (a) of the revised section. The words 
``procure services under section 3109 of title 5 in carrying out this 
paragraph'' are substituted for ``engage temporarily for this purpose 
the services of one or more artists, distinguished in their respective 
departments of art'' to eliminate unnecessary words. The words ``who 
shall be paid for such service from the contingent appropriation for the 
mint at Philadelphia'' are omitted as obsolete. The text of section 
3510(2d proviso) of the Revised Statutes is omitted as executed.
    In subsection (e)(2), the words ``80 percent'' are substituted for 
``eight hundred parts'' in 31:391(d), and the words ``20 percent'' are 
substituted for ``two hundred parts'', for consistency in the revised 
title and with other titles of the Code. The words ``that are 
metallurgically bonded to'' are added for clarity and consistency with 
subsection (b). In clause (4), the words ``the late President of the 
United States'' in 31:324b are omitted as unnecessary. Clause (6) is 
added because 31:324 applies to coins minted under this subsection.
    In subsection (f)(1), before clause (A), the words ``Notwithstanding 
this section and section 5111(a)(1) of this title are substituted for 
``Notwithstanding any other provision of law'' in 31:399 for clarity. In 
clause (B), the words ``are an alloy of 90 percent silver and 10 percent 
copper'' are substituted for ``be minted in accordance with the standard 
established in section 3514 of the Revised Statutes (31 U.S.C. 321)'' 
and 31:321 to eliminate unnecessary words and for clarity. In clause 
(C), the word ``symbolizing'' is substituted for ``emblematic'' for 
clarity.
    In subsection (f)(2), the words ``under such regulations as he may 
prescribe'' are omitted as unnecessary because of section 321 of the 
revised title. The word ``Treasury'' is substituted for ``general fund 
of the Treasury'' to eliminate unnecessary words.
    The text of 31:399(b)(3) is omitted as unnecessary because of 
section 5103 of the revised title.

                            1983 Act

    This amends 31:5112(f)(1) to make technical and conforming changes.

                       References in Text

    The date of enactment of the United States $1 Coin Act of 1997, 
referred to in subsec. (b), is the date of enactment of Pub. L. 105-124, 
which was approved Dec. 1, 1997.
    The Strategic and Critical Materials Stock Piling Act, referred to 
in subsec. (l)(6)(C), is act June 7, 1939, ch. 190, as revised generally 
by Pub. L. 96-41, Sec. 2, July 30, 1979, 93 Stat. 319, which is 
classified generally to subchapter III (Sec. 98 et seq.) of chapter 5 of 
Title 50, War and National Defense. For complete classification of this 
Act to the Code, see section 98 of Title 50 and Tables.


                               Amendments

    2000--Subsec. (k). Pub. L. 106-445 substituted ``platinum bullion 
coins'' for ``bullion''.
    1998--Subsec. (l)(1)(C). Pub. L. 105-176 added subpar. (C).
    1997--Subsec. (a)(1). Pub. L. 105-124, Sec. 4(b), struck out ``and 
weighs 8.1 grams'' after ``diameter''.
    Subsec. (b). Pub. L. 105-124, Sec. 4(c), struck out ``dollar,'' 
before ``half dollar'' in first sentence and inserted after fourth 
sentence ``The dollar coin shall be golden in color, have a distinctive 
edge, have tactile and visual features that make the denomination of the 
coin readily discernible, be minted and fabricated in the United States, 
and have similar metallic, anti-counterfeiting properties as United 
States coinage in circulation on the date of enactment of the United 
States $1 Coin Act of 1997.''
    Subsec. (d)(1). Pub. L. 105-124, Sec. 4(d), substituted ``The 
Secretary of the Treasury, in consultation with the Congress, shall 
select appropriate designs for the obverse and reverse sides of the 
dollar coin.'' for ``The eagle on the reverse side of the dollar is the 
symbolic eagle of Apollo 11 landing on the moon. The obverse side of the 
dollar has the likeness of Susan B. Anthony.''
    Subsec. (l). Pub. L. 105-124, Sec. 3, added subsec. (l).
    1996--Subsec. (i)(4)(C). Pub. L. 104-208, Sec. 101(f) [title V, 
Sec. 523], added subpar. (C).
    Subsec. (k). Pub. L. 104-208, Sec. 101(f) [title V, Sec. 524], added 
subsec. (k).
    Subsec. (m). Pub. L. 104-208, Sec. 101(f) [title V, Sec. 529(a)], 
added subsec. (m).
    1994--Subsec. (h). Pub. L. 103-272 substituted ``section 5103 of 
this title'' for ``section 5103 of title 31, United States Code''.
    1992--Subsec. (d)(1). Pub. L. 102-390, Sec. 226(a), inserted 
``shall'' before ``have'' in first sentence and substituted ``coin shall 
have'' for ``coin has'' in second and third sentences.
    Subsec. (i)(4). Pub. L. 102-390, Sec. 228, added par. (4).
    Subsec. (j). Pub. L. 102-390, Sec. 227, added subsec. (j).
    1988--Subsec. (b). Pub. L. 100-274, Sec. 4(a), inserted before last 
sentence ``In minting gold coins, the Secretary shall use alloys that 
vary not more than 0.1 percent from the percent of gold required.''
    Subsec. (f). Pub. L. 100-274, Sec. 6, inserted heading and amended 
subsec. (f) generally. Prior to amendment, subsec. (f) read as follows: 
``The Secretary shall sell the coins minted under subsection (e) to the 
public at a price equal to the market value of the bullion at the time 
of sale, plus the cost of minting, marketing, and distributing such 
coins (including labor, materials, dyes, use of machinery, and overhead 
expenses).''
    1985--Subsec. (a)(7) to (10). Pub. L. 99-185, Sec. 2(a), added pars. 
(7) to (10).
    Subsec. (e). Pub. L. 99-61 added subsec. (e). Former subsec. (e), 
providing for the minting of 150,000,000 silver and copper alloy dollar 
coins bearing the likeness of Dwight David Eisenhower, was struck out.
    Subsec. (f). Pub. L. 99-61 added subsec. (f). Former subsec. (f), 
providing for the minting of up to 10,000,000 silver and copper alloy 
half-dollar coins symbolizing the 250th anniversary of the birth of 
George Washington, was struck out.
    Subsecs. (g), (h). Pub. L. 99-61 added subsecs. (g) and (h).
    Subsec. (i). Pub. L. 99-185, Sec. 2(b), added subsec. (i).
    1983--Subsec. (f)(1). Pub. L. 97-452, Sec. 1(20)(A), inserted a 
comma after ``10,000,000)'' in introductory text.
    Subsec. (f)(1)(C). Pub. L. 97-452, Sec. 1(20)(B), substituted 
``250th'' for ``two hundred and fiftieth''.


                    Effective Date of 1996 Amendment

    Section 101(f) [title V, Sec. 529(e)] of Pub. L. 104-208, provided 
that: ``This section [amending this section and sections 5134 and 5135 
of this title, enacting provisions set out as a note under section 5134 
of this title, and amending provisions set out as a note under this 
section] and the amendments made by this section shall take effect on 
the date of enactment of this Act [Sept. 30, 1996].''


                    Effective Date of 1985 Amendments

    Section 3 of Pub. L. 99-185 provided that: ``This Act [amending this 
section and sections 5116, 5118, and 5132 of this title and enacting 
provisions set out as notes under this section] shall take effect on 
October 1, 1985, except that no coins may be issued or sold under 
section 5112(i) of title 31, United States Code, before October 1, 
1986.''
    Section 205 of title II of Pub. L. 99-61 provided that: ``This title 
[amending this section and sections 5116 and 5132 of this title and 
enacting provisions set out as a note under this section] shall take 
effect on October 1, 1985, except that no coins may be issued or sold 
under subsection (e) of section 5112 of title 31, United States Code, 
before September 1, 1986, or before the date on which all coins minted 
under title I of this Act [set out as a note below] have been sold, 
whichever is earlier.''


                     Short Title of 1985 Amendments

    Section 1 of Pub. L. 99-185 provided that: ``This Act [amending this 
section and sections 5116, 5118, and 5132 of this title and enacting 
provisions set out as notes under this section] may be cited as the 
`Gold Bullion Coin Act of 1985'.''
    Section 201 of title II of Pub. L. 99-61 provided that: ``This title 
[amending this section and sections 5116 and 5132 of this title and 
enacting provisions set out as a note under this section] may be cited 
as the `Liberty Coin Act'.''


                                Findings

    Pub. L. 105-124, Sec. 2, Dec. 1, 1997, 111 Stat. 2534, provided 
that: ``The Congress finds that--
        ``(1) it is appropriate and timely--
            ``(A) to honor the unique Federal republic of 50 States that 
        comprise the United States; and
            ``(B) to promote the diffusion of knowledge among the youth 
        of the United States about the individual States, their history 
        and geography, and the rich diversity of the national heritage;
        ``(2) the circulating coinage of the United States has not been 
    modernized during the 25-year period preceding the date of enactment 
    of this Act [Dec. 1, 1997];
        ``(3) a circulating commemorative 25-cent coin program could 
    produce earnings of $110,000,000 from the sale of silver proof coins 
    and sets over the 10-year period of issuance, and would produce 
    indirect earnings of an estimated $2,600,000,000 to $5,100,000,000 
    to the United States Treasury, money that will replace borrowing to 
    fund the national debt to at least that extent; and
        ``(4) it is appropriate to launch a commemorative circulating 
    coin program that encourages young people and their families to 
    collect memorable tokens of all of the States for the face value of 
    the coins.''


                              Dollar Coins

    Pub. L. 105-124, Sec. 4(e), (f), Dec. 1, 1997, 111 Stat. 2536, 2537, 
provided that:
    ``(e) Production of New Dollar Coins.--
        ``(1) In general.--Upon the depletion of the Government's supply 
    (as of the date of enactment of this Act [Dec. 1, 1997]) of $1 coins 
    bearing the likeness of Susan B. Anthony, the Secretary of the 
    Treasury shall place into circulation $1 coins that comply with the 
    requirements of subsections (b) and (d)(1) of section 5112 of title 
    31, United States Code, as amended by this section.
        ``(2) Authority of secretary to continue production.--If the 
    supply of $1 coins bearing the likeness of Susan B. Anthony is 
    depleted before production has begun of $1 coins which bear a design 
    which complies with the requirements of subsections (b) and (d)(1) 
    of section 5112 of title 31, United States Code, as amended by this 
    section, the Secretary of the Treasury may continue to mint and 
    issue $1 coins bearing the likeness of Susan B. Anthony in 
    accordance with that section 5112 (as in effect on the day before 
    the date of enactment of this Act) until such time as production 
    begins.
        ``(3) Numismatic sets.--The Secretary may include such $1 coins 
    in any numismatic set produced by the United States Mint before the 
    date on which the $1 coins authorized by this section are placed in 
    circulation.
    ``(f) Marketing Program.--
        ``(1) In general.--Before placing into circulation $1 coins 
    authorized under this section [amending this section and enacting 
    provisions set out as a note under section 5101 of this title], the 
    Secretary of the Treasury shall adopt a program to promote the use 
    of such coins by commercial enterprises, mass transit authorities, 
    and Federal, State, and local government agencies.
        ``(2) Study required.--The Secretary of the Treasury shall 
    conduct a study on the progress of the marketing program adopted in 
    accordance with paragraph (1).
        ``(3) Report.--Not later than March 31, 2001, the Secretary of 
    the Treasury shall submit a report to the Congress on the results of 
    the study conducted pursuant to paragraph (2).''


                          Rule of Construction

    Pub. L. 105-124, Sec. 5, Dec. 1, 1997, 111 Stat. 2537, provided 
that: ``Nothing in this Act [see Short Title of 1997 Amendment note set 
out under section 5101 of this title] or the amendments made by this Act 
shall be construed to evidence any intention to eliminate or to limit 
the printing or circulation of United States currency in the $1 
denomination.''


  Study and Report to Congress of 50 States Commemorative Coin Program

    Pub. L. 104-329, title III, Sec. 302, Oct. 20, 1996, 110 Stat. 4012, 
provided that:
    ``(a) Study.--The Secretary of the Treasury shall by June 1, 1997 
complete a study of the feasibility of a circulating commemorative coin 
program to commemorate each of the 50 States. The study shall assess 
likely public acceptance of and consumer demand for different coins that 
might be issued in connection with such a program (taking into 
consideration the pace of issuance of coins and the length of such a 
program), a comparison of the costs of producing coins issued under the 
program and the revenue that the program would generate, the impact on 
coin distribution systems, the advantages and disadvantages of different 
approaches to selecting designs for coins in such a program, and such 
other factors as the Secretary considers appropriate in deciding upon 
the feasibility of such a program. No steps taken in order to gather 
information for this study shall be considered a collection of 
information within the meaning of section 3502 of title 44, United 
States Code.
    ``(b) Report.--The Secretary shall submit the study required in 
subsection (a) above, to the Committee on Banking and Financial Services 
of the House of Representatives and the Committee on Banking, Housing 
and Urban Affairs of the Senate, simultaneously on its receipt by the 
Secretary.
    ``(c) 50-State Commemorative Coin Program.--The Secretary shall 
determine by August 1, 1997 whether the results of the study authorized 
by subsection (a) justify such a program. If the Secretary determines 
that such a program is justified, then he shall by January 1, 1999, 
notwithstanding the fourth sentence of subsection (d)(1) and subsection 
(d)(2) of section 5112, title 31, United States Code, commence a 
commemorative coin program consisting of the minting and issuance of 
quarter dollar coins bearing designs, selected in accordance with 
paragraph (4) of this subsection, which are emblematic of the 50 States. 
If the Secretary determines that such a commemorative coin program is 
justified but that it is not practicable to commence the program by 
January 1, 1999, then he shall notify the Committee on Banking and 
Financial Services of the House of Representatives and the Committee on 
Banking, Housing, and Urban Affairs of the Senate of such 
impracticability and of the date on which the program will commence.
        ``(1) Design.--The design for each quarter dollar issued under 
    the program shall be emblematic of 1 of the 50 States. The designs 
    for quarter dollar coins issued during each year of the program 
    shall be emblematic of States which have not previously been 
    commemorated under the program.
        ``(2) Order of issuance.--Each State will be honored by a coin 
    in the order of that State's admission to the United States.
        ``(3) Number of coins.--Of the quarter dollar coins issued 
    during each year of the program, the Secretary shall prescribe, on 
    the basis of such factors as the Secretary determines to be 
    appropriate, the number of quarter dollar coins which shall be 
    issued with each of the designs selected for such year.
        ``(4) Selection of design.--Each of the 50 designs required for 
    quarter dollars issued under the program shall be--
            ``(A) selected pursuant to a process, decided upon by the 
        Secretary, on the basis of the study conducted pursuant to 
        subsection (a), which process shall involve, among other things, 
        consultation with appropriate officials of the State being 
        commemorated with such design; and
            ``(B) reviewed by the Citizens Commemorative Coin Advisory 
        Committee and the Commission of Fine Arts.
        ``(5) Treatment as numismatic items.--For purposes of sections 
    5134 and 5136 of title 31, United States Code, all coins minted 
    under this section shall be considered to be numismatic items.
        ``(6) Numismatic items.--
            ``(A) Quality of coins.--The Secretary may mint and issue 
        such number of quarter dollars of each design selected under 
        paragraph (4) of this subsection in uncirculated and proof 
        qualities as the Secretary determines to be appropriate.
            ``(B) Silver coins.--Notwithstanding the provisions of 
        subsection 5112(b) of title 31, United States Code, the 
        Secretary may mint and issue such number of quarter dollars of 
        each design selected under paragraph (4) of this subsection as 
        the Secretary determines to be appropriate with a content of 90 
        percent silver and 10 percent copper.
            ``(C) Sources of bullion.--The Secretary may obtain silver 
        for minting coins under paragraph (6)(B) from stockpiles 
        established under the Strategic and Critical Materials Stock 
        Piling Act [50 U.S.C. 98 et seq.].
    ``(d) Funding.--Funds used to complete this study shall be offset 
from funds from the Department of the Treasury.''


  Deposit of Profits From Sale of Gold to Mint for Commemorative Coin 
                                 Program

    Section 101(f) [title V, Sec. 523] of Pub. L. 104-208 provided in 
part: ``That profits generated from the sale of gold to the United 
States Mint for this program shall be considered as a receipt to be 
deposited into the General Fund of the Treasury.''


         Use of Government Platinum Reserves Stockpiled at Mint

    Section 101(f) [title V, Sec. 524] of Pub. L. 104-208 provided in 
part: ``That the Secretary is authorized to use Government platinum 
reserves stockpiled at the United States Mint as working inventory and 
shall ensure that reserves utilized are replaced by the Mint.''


                  Reform of Commemorative Coin Programs

    Pub. L. 103-186, title III, Dec. 14, 1993, 107 Stat. 2251, as 
amended by Pub. L. 104-208, div. A, title I, Sec. 101(f) [title V, 
Sec. 529(b)(4)], Sept. 30, 1996, 110 Stat. 3009-314, 3009-352; Pub. L. 
104-316, title I, Sec. 115(h), Oct. 19, 1996, 110 Stat. 3835, provided 
that:
``SEC. 301. SENSE OF CONGRESS RESOLUTION.
    ``(a) Findings.--The Congress hereby makes the following findings:
        ``(1) Congress has authorized 18 commemorative coin programs in 
    the 9 years since 1984.
        ``(2) There are more meritorious causes, events, and people 
    worthy of commemoration than can be honored with commemorative 
    coinage.
        ``(3) Commemorative coin legislation has increased at a pace 
    beyond that which the numismatic community can reasonably be 
    expected to absorb.
        ``(4) It is in the interests of all Members of Congress that a 
    policy be established to control the flow of commemorative coin 
    legislation.
    ``(b) Declaration.--It is the sense of the Congress that the 
Committee on Banking, Finance and Urban Affairs [now Committee on 
Financial Services] of the House of Representatives and the Committee on 
Banking, Housing, and Urban Affairs of the Senate should not report or 
otherwise clear for consideration by the House of Representatives or the 
Senate legislation providing for more than 2 commemorative coin programs 
for any year, unless the committee determines, on the basis of a 
recommendation by the Citizens Commemorative Coin Advisory Committee, 
that extraordinary merit exists for an additional commemorative coin 
program.
``SEC. 302. REPORTS BY RECIPIENTS OF COMMEMORATIVE COIN SURCHARGES.
    ``(a) Quarterly Financial Report.--
        ``(1) In general.--Each person who receives, after the date of 
    the enactment of this Act [Dec. 14, 1993], any surcharge derived 
    from the sale of commemorative coins under any Act of Congress shall 
    submit a quarterly financial report to the Director of the United 
    States Mint and the Comptroller General of the United States 
    describing in detail the expenditures made by such person from the 
    proceeds of the surcharge.
        ``(2) Information to be included.--The report under paragraph 
    (1) shall include information on the proportion of the surcharges 
    received during the period covered by the report to the total 
    revenue of such person during such period, expressed as a 
    percentage, and the percentage of total revenue during such period 
    which was spent on administrative expenses (including salaries, 
    travel, overhead, and fund raising).
        ``(3) Due dates.--Quarterly reports under this subsection shall 
    be due at the end of the 30-day period beginning on the last day of 
    any calendar quarter during which any surcharge derived from the 
    sale of commemorative coins is received by any person.
    ``(b) Final Report.--Each person who receives, after the date of the 
enactment of this Act, any surcharge derived from the sale of 
commemorative coins under any Act of Congress shall submit a final 
report on the expenditures made by such person from the proceeds of all 
surcharges received by such person, including information described in 
subsection (a)(2), before the end of the 1-year period beginning on the 
last day on which sales of such coins may be made.''


Amount Equal to Profit From Sale of Gold Coins Deposited in General Fund 
                   of Treasury To Reduce National Debt

    Section 2(f) of Pub. L. 99-185 provided that an amount equal to the 
amount by which the proceeds from the sale of the coins issued under 31 
U.S.C. 5112(i) exceeded the sum of the cost of minting, marketing, and 
distributing such coins, and the value of gold certificates (not 
exceeding forty-two and two-ninths dollars a fine troy ounce) retired 
from the use of gold contained in such coins, was to be deposited in the 
general fund of the Treasury and used for the sole purpose of reducing 
the national debt, prior to repeal by Pub. L. 102-390, title II, 
Sec. 221(c)(2)(A), Oct. 6, 1992, 106 Stat. 1628, effective Oct. 1, 1992.


    Issuance of Gold Coins To Result in No Net Cost to United States

    Section 2(g) of Pub. L. 99-185 provided that: ``The Secretary shall 
take all actions necessary to ensure that the issuance of the coins 
minted under section 5112(i) of title 31, United States Code, shall 
result in no net cost to the United States Government.''


                           Commemorative Coins

    Provisions authorizing commemorative coins were contained in the 
following acts:
    Pub. L. 106-435, Nov. 6, 2000, 114 Stat. 1916.--2002 Winter Olympic 
Games.
    Pub. L. 106-375, Oct. 27, 2000, 114 Stat. 1435.--National Museum of 
the American Indian.
    Pub. L. 106-126, title I, Dec. 6, 1999, 113 Stat. 1643.--Leif 
Ericson millennium.
    Pub. L. 106-126, title II, Dec. 6, 1999, 113 Stat. 1644.--United 
States Capitol visitor center.
    Pub. L. 106-126, title III, Dec. 6, 1999, 113 Stat. 1647.--Lewis and 
Clark Expedition bicentennial.
    Pub. L. 105-331, Oct. 31, 1998, 112 Stat. 3073.--Thomas Alva Edison.
    Pub. L. 105-268, Oct. 19, 1998, 112 Stat. 2378.--Library of Congress 
bicentennial.
    Pub. L. 105-124, Sec. 6, Dec. 1, 1997, 111 Stat. 2537.--First flight 
by Orville and Wilbur Wright.
    Pub. L. 104-329, Sec. 2, title I, Secs. 101-108, Oct. 20, 1996, 110 
Stat. 4005-4011; Pub. L. 105-277, div. C, title I, Sec. 139(c), Oct. 21, 
1998, 112 Stat. 2681-599.--Dolley Madison, George Washington, Black 
Revolutionary War patriots, Franklin Delano Roosevelt Memorial, 
Yellowstone National Park, National Law Enforcement Officers Memorial, 
and Jackie Robinson.
    Pub. L. 104-96, Jan. 10, 1996, 109 Stat. 981.--Smithsonian 
Institution sesquicentennial.
    Pub. L. 103-328, title II, Sec. 204, Sept. 29, 1994, 108 Stat. 
2369.--1995 Special Olympics World Games.
    Pub. L. 103-328, title II, Sec. 205, Sept. 29, 1994, 108 Stat. 
2371.--National community service.
    Pub. L. 103-328, title II, Sec. 206, Sept. 29, 1994, 108 Stat. 
2373.--Robert F. Kennedy Memorial.
    Pub. L. 103-328, title II, Sec. 207, Sept. 29, 1994, 108 Stat. 
2375.--United States Military Academy bicentennial.
    Pub. L. 103-328, title II, Sec. 208, Sept. 29, 1994, 108 Stat. 
2377.--United States Botanic Garden.
    Pub. L. 103-186, title I, Dec. 14, 1993, 107 Stat. 2245.--Thomas 
Jefferson.
    Pub. L. 103-186, title II, Dec. 14, 1993, 107 Stat. 2247.--Prisoner-
of-war, Vietnam Veterans Memorial, and Women in Military Service for 
America Memorial.
    Pub. L. 103-186, title IV, Dec. 14, 1993, 107 Stat. 2252.--United 
States Capitol bicentennial.
    Pub. L. 102-414, Oct. 14, 1992, 106 Stat. 2106.--World War II 50th 
anniversary.
    Pub. L. 102-390, title I, Oct. 6, 1992, 106 Stat. 1620; Pub. L. 104-
74, Dec. 26, 1995, 109 Stat. 784.--1996 Olympic Games.
    Pub. L. 102-379, Oct. 5, 1992, 106 Stat. 1362.--Civil War 
battlefields.
    Pub. L. 102-281, title I, May 13, 1992, 106 Stat. 133; Pub. L. 102-
390, title II, Sec. 221(c)(2)(G), Oct. 6, 1992, 106 Stat. 1628.--White 
House 200th anniversary.
    Pub. L. 102-281, title II, May 13, 1992, 106 Stat. 135; Pub. L. 102-
390, title II, Sec. 221(c)(2)(H), Oct. 6, 1992, 106 Stat. 1628; Pub. L. 
104-66, title I, Sec. 1132(a), Dec. 21, 1995, 109 Stat. 725.--World Cup 
USA 1994.
    Pub. L. 102-281, title IV, Secs. 401-411, May 13, 1992, 106 Stat. 
139-141; Pub. L. 102-390, title II, Sec. 221(c)(2)(I), Oct. 6, 1992, 106 
Stat. 1628.--Christopher Columbus quincentenary.
    Pub. L. 102-281, title V, May 13, 1992, 106 Stat. 145; Pub. L. 104-
66, title I, Sec. 1132(c), Dec. 21, 1995, 109 Stat. 725.--James Madison 
and Bill of Rights.
    Pub. L. 101-495, Oct. 31, 1990, 104 Stat. 1187; Pub. L. 102-390, 
title II, Sec. 221(c)(2)(F), Oct. 6, 1992, 106 Stat. 1628.--Korean War 
Veterans Memorial.
    Pub. L. 101-406, Oct. 3, 1990, 104 Stat. 879; Pub. L. 102-390, title 
II, Sec. 221(c)(2)(E), Oct. 6, 1992, 106 Stat. 1628.--1992 Olympic 
Games.
    Pub. L. 101-404, Oct. 2, 1990, 104 Stat. 875; Pub. L. 102-390, title 
II, Sec. 221(c)(2)(D), Oct. 6, 1992, 106 Stat. 1628.--United Services 
Organization 50th anniversary.
    Pub. L. 101-332, July 16, 1990, 104 Stat. 313; Pub. L. 102-390, 
title II, Sec. 221(c)(2)(C), Oct. 6, 1992, 106 Stat. 1628; Pub. L. 103-
328, title II, Sec. 209, Sept. 29, 1994, 108 Stat. 2378.--Mount Rushmore 
National Memorial golden anniversary.
    Pub. L. 100-673, Nov. 17, 1988, 102 Stat. 3992; Pub. L. 101-36, June 
9, 1989, 103 Stat. 69; Pub. L. 101-302, title III, Sec. 312(c), May 25, 
1990, 104 Stat. 245; Pub. L. 103-186, title IV, Sec. 408(b), Dec. 14, 
1993, 107 Stat. 2253.--United States Congress bicentennial.
    Pub. L. 100-467, Oct. 3, 1988, 102 Stat. 2275; Pub. L. 102-390, 
title II, Sec. 221(c)(2)(B), Oct. 6, 1992, 106 Stat. 1628.--Dwight David 
Eisenhower.
    Pub. L. 100-141, Oct. 28, 1987, 101 Stat. 832.--1988 Olympic Games.
    Pub. L. 99-582, Oct. 29, 1986, 100 Stat. 3315.--United States 
Constitution bicentennial.
    Pub. L. 99-61, title I, July 9, 1985, 99 Stat. 113.--Statue of 
Liberty and Ellis Island.
    Pub. L. 97-220, July 22, 1982, 96 Stat. 222.--1984 Olympic Games.


                  Possession of Gold Coins and Bullion

    The possession of gold coins and bullion was prohibited except under 
Government license by Ex. Ord. No. 6260, eff. Aug. 28, 1933. That 
prohibition was revoked by Ex. Ord. No. 11825, Dec. 31, 1974, 40 F.R. 
1003, eff. Dec. 31, 1974. See notes set out under section 95a of Title 
12, Banks and Banking.

                  Section Referred to in Other Sections

    This section is referred to in sections 5102, 5111, 5113, 5116, 5132 
of this title; title 26 section 408.
