I 

109TH CONGRESS 

1ST SESSION H. R. 1717 

To require the Secretary of the Treasury to mint coins in commemoration 

of the 100th anniversary of the beginning of Korean immigration into 

the United States. 

IN THE HOUSE OF REPRESENTATIVES 

APRIL 20, 2005 

Mr. ANDREWS (for himself, Mr. ABERCROMBIE, Mr. ACKERMAN, Mr. BERMAN, Mr. CROWLEY, Mr. ENGLISH of Pennsylvania, Mr. FARR, Mr. GONZALEZ, Mr. GUTIERREZ, Ms. HARMAN, Ms. JACKSON-LEE of Texas, Mr. 

LEWIS of Georgia, Mrs. MALONEY, Mr. MCDERMOTT, Mr. MORAN of Virginia, Mr. PALLONE, Ms. PELOSI, Mr. RANGEL, Mr. RUSH, Mr. SAXTON, 

Mr. SHERMAN, Mr. SHIMKUS, Mr. TOWNS, Mr. VAN HOLLEN, Ms. WATSON, and Mr. WEINER) introduced the following bill; which was referred 

to the Committee on Financial Services 

A BILL 

To require the Secretary of the Treasury to mint coins 

in commemoration of the 100th anniversary of the beginning of Korean immigration into the United States. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Korean Immigration 

5 Commemorative Coin Act’’. 
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1 SEC. 2. FINDINGS. 

2 The Congress finds as follows: 

3 (1) January 13, 2003, marked the 100th anni4 versary of the first wave of Korean immigration to 

5 the United States. 

6 (2) More than 100 Korean American commu7 nities throughout this Nation commemorated this 

8 important event. 

9 (3) According to immigration records, in De10 cember 1902, 56 men, 21 women, and 25 children 

11 left Korea and sailed across the Pacific Ocean 

12 aboard the S.S. Gaelic, landing in Honolulu, Hawaii, 

13 on January 13, 1903. 

14 (4) These early Korean immigrants worked at 

15 sugar cane and pineapple fields in Hawaii. 

16 (5) Since that 1st voyage, approximately 

17 1,000,000 Koreans have immigrated to the United 

18 States. 

19 (6) Korean Americans have served with distinc20 tion in the U.S. Armed Forces during every war and 

21 conflict in which the United States is or was in22 volved from World War I through the war in the 

23 Persian Gulf and beyond. 

24 (7) Korean Americans have taken root and 

25 thrived in the United States through strong family 
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1 ties, robust community support, and countless hours 

2 of hard work. 

3 (8) Korean immigrants have invigorated busi4 ness, church, and academic communities throughout 

5 the United States and Korean Americans have also 

6 established themselves as important members in the 

7 medical, legal, financial, and governmental profes8 sions. 

9 (9) The strategic partnership between the 

10 United States and Korea has helped undergird peace 

11 and stability in the Asian Pacific region and has 

12 provided economic benefits to not only the peoples of 

13 the United States and Korea, but to the entire 

14 world. 

15 SEC. 3. COIN SPECIFICATIONS. 

16 (a) $1 SILVER COINS.—The Secretary of the Treas17 ury (hereafter in this Act referred to as the ‘‘Secretary’’) 

18 shall mint and issue not more than 500,000 1 dollar coins, 

19 which shall— 

20 (1) weigh 26.73 grams; 

21 (2) have a diameter of 1.500 inches; and 

22 (3) contain 90 percent silver and 10 percent 

23 copper. 
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1 (b) LEGAL TENDER.—The coins minted under this 

2 Act shall be legal tender, as provided in section 5103 of 

3 title 31, United States Code. 

4 (c) NUMISMATIC ITEMS.—For purposes of section 

5 5134 of title 31, United States Code, all coins minted 

6 under this Act shall be considered to be numismatic items. 

7 SEC. 4. DESIGN OF COINS. 

8 (a) DESIGN REQUIREMENTS.— 

9 (1) IN GENERAL.—The design of the coins 

10 minted under this Act shall be emblematic of the im11 migration of Koreans into the United States and the 

12 significant contributions of Korean Americans to 

13 this Nation. 

14 (2) DESIGNATION AND INSCRIPTIONS.—On 

15 each coin minted under this Act there shall be— 

16 (A) a designation of the value of the coin; 

17 (B) an inscription of the year ‘‘2011’’; and 

18 (C) inscriptions of the words ‘‘Liberty’’, 

19 ‘‘In God We Trust’’, ‘‘United States of Amer20 ica’’, and ‘‘E Pluribus Unum’’. 

21 (b) SELECTION.—The design for the coins minted 

22 under this Act shall be selected by the Secretary after con23 sultation with the Commission of Fine Arts. 
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1 SEC. 5. ISSUANCE OF COINS. 

2 (a) QUALITY OF COINS.—Coins minted under this 

3 Act shall be issued in uncirculated and proof qualities. 

4 (b) PERIOD FOR ISSUANCE.—The Secretary may 

5 issue coins minted under this Act only during the 1-year 

6 period beginning on January 1, 2011. 

7 SEC. 6. SALE OF COINS. 

8 (a) SALE PRICE.—Notwithstanding any other provi9 sion of law, the coins issued under this Act shall be sold 

10 by the Secretary at a price equal to the face value, plus 

11 the cost of designing and issuing such coins (including 

12 labor, materials, dies, use of machinery, overhead ex13 penses, and marketing). 

14 (b) BULK SALES.—The Secretary shall make bulk 

15 sales of the coins issued under this Act at a reasonable 

16 discount. 

17 (c) PREPAID ORDERS AT A DISCOUNT.— 

18 (1) IN GENERAL.—The Secretary shall accept 

19 prepaid orders for the coins minted under this Act 

20 before the issuance of such coins. 

21 (2) DISCOUNT.—Sale prices with respect to pre22 paid orders under paragraph (1) shall be at a rea23 sonable discount. 

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