I 

109TH CONGRESS 

1ST SESSION H. R. 2050

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

of the legacy of the Old Man of the Mountain, the symbol of New 

Hampshire that passed on to its granite roots in the dawn of May 

3, 2003. 

IN THE HOUSE OF REPRESENTATIVES 

MAY 3, 2005

Mr. BRADLEY of New Hampshire (for himself and Mr. BASS) 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 legacy of the Old Man of 

the Mountain, the symbol of New Hampshire that passed 

on to its granite roots in the dawn of May 3, 2003.

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 ‘‘Old Man of the Moun5 tain Commemorative Coin Act’’. 

6 SEC. 2. FINDINGS. 

7 The Congress hereby finds as follows: 
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1 (1) Formed by God and glaciers, five different 

2 ledges atop a granite cliff created the Old Man of 

3 the Mountain whose flinty visage has long rep4 resented the Granite State’s independence and proud 

5 traditions. 

6 (2) For some 10,000 years, the Old Man of the 

7 Mountain, from his lofty perch, did steadfastly defy 

8 the forces of gravity and nature that bring all things 

9 down. 

10 (3) The Old Man of the Mountain’s rugged pro11 file delighted all who saw it, as it serves as a symbol 

12 of New Hampshire’s stony and unyielding independ13 ence and represents New Hampshire’s love of liberty 

14 and is deeply revered by all Granite Staters. 

15 (4) The rocky ledges that formed the Old Man 

16 of the Mountain gave way and tumbled down the 

17 slopes of Cannon Mountain under a veil of fog and 

18 cloud sometime in the first few hours of May 3, 

19 2003, forever changing the landscape that has long 

20 served as a New Hampshire state symbol. 

21 (5) The importance of the ‘‘Great Stone Face’’ 

22 as a symbol of New Hampshire was eloquently noted 

23 by Statesman Daniel Webster. 

24 (6) A commemorative coin would immortalize 

25 the watchful gaze of the Old Man, bringing both na-
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1 tional and international attention to the lasting leg2 acy of the Old Man of the Mountain as well as help3 ing to ease the loss felt by all New Hampshire resi4 dents. 

5 (7) The proceeds from a surcharge on the sale 

6 of each commemorative coin will assist the financing 

7 of a suitable memorial to the oldest and proudest 

8 member of the New Hampshire family, the Old Man 

9 of the Mountain. 

10 SEC. 3. COIN SPECIFICATIONS. 

11 (a) DENOMINATIONS.—The Secretary of the Treas12 ury (hereafter in this Act referred to as the ‘‘Secretary’’) 

13 shall mint and issue the following coins: 

14 (1) $5 GOLD COINS.—Not more than 50,000 $5 

15 coins, which shall—

16 (A) weigh 8.359 grams; 

17 (B) have a diameter of 0.850 inches; and 

18 (C) contain 90 percent gold and 10 percent 

19 alloy. 

20 (2) $1 SILVER COINS.—Not more than 350,000 

21 $1 coins, which shall—

22 (A) weigh 26.73 grams; 

23 (B) have a diameter of 1.500 inches; and 

24 (C) contain 90 percent silver and 10 per25 cent 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 sections 

5 5134 and 5136 of title 31, United States Code, all coins 

6 minted under this Act shall be considered to be numis7 matic items. 

8 SEC. 4. DESIGN OF COINS. 

9 (a) DESIGN REQUIREMENTS.—

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

11 minted under this Act shall be emblematic of the 

12 Old Man of the Mountain, the granite symbol of 

13 New Hampshire’s fierce independence. 

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 ‘‘2008’’; and 

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

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

21 Die’’. 

22 (3) NUMISMATIC DESIGN CONSIDERATIONS.—

23 At least 1 of the following numismatic design fea24 tures shall be used on the coins minted under this 

25 Act: 
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1 (A) Reverse proofing of the coin. 

2 (B) Raised lettering on the edge of the 

3 coin. 

4 (C) Such other unique numismatic design 

5 feature as the Secretary may determine to be 

6 appropriate. 

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

8 under this Act shall be—

9 (1) selected by the Secretary after consultation 

10 with the Commission of Fine Arts and the Old Man 

11 of the Mountain Revitalization Fund, Inc.; and 

12 (2) reviewed by the Citizens Coin Advisory 

13 Committee. 

14 SEC. 5. ISSUANCE OF COINS. 

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

16 Act shall be issued in uncirculated and proof qualities. 

17 (b) MINT FACILITY.—Only 1 facility of the United 

18 States Mint may be used to strike any particular quality 

19 of the coins minted under this Act. 

20 (c) COMMENCEMENT OF ISSUANCE.—The Secretary 

21 may issue coins minted under this Act beginning January 

22 1, 2008. 

23 (d) TERMINATION OF MINTING AUTHORITY.—No 

24 coins may be minted under this Act after December 31, 

25 2008. 
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1 SEC. 6. SALE OF COINS. 

2 (a) SALE PRICE.—The coins issued under this Act 

3 shall be sold by the Secretary at a price equal to the sum 

4 of—

5 (1) the face value of the coins; 

6 (2) the surcharge provided in section 7(a) with 

7 respect to such coins; and 

8 (3) the cost of designing and issuing the coins 

9 (including labor, materials, dies, use of machinery, 

10 overhead expenses, marketing, and shipping). 

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

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

13 discount. 

14 (c) PREPAID ORDERS.—

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

16 prepaid orders for the coins minted under this Act 

17 before the issuance of such coins. 

18 (2) DISCOUNT.—Sale prices with respect to pre19 paid orders under paragraph (1) shall be at a rea20 sonable discount. 

21 SEC. 7. SURCHARGES. 

22 (a) IN GENERAL.—All sales of coins minted under 

23 this Act shall include a surcharge as follows: 

24 (1) $35 per coin for the $5 coin. 

25 (2) $10 per coin for the $1 coin. 
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1 (b) DISTRIBUTION.—Subject to section 5134(f) of 

2 title 31, United States Code, all surcharges received by 

3 the Secretary from the sale of coins issued under this Act 

4 shall be promptly paid by the Secretary to the Old Man 

5 of the Mountain Revitalization Fund, Inc., to be used for 

6 the objects and purposes of such Fund. 

7 (c) AUDITS.—The Old Man of the Mountain Revital8 ization Fund, Inc., shall be subject to the audit require9 ments of section 5134(f)(2) of title 31, United States 

10 Code, with regard to the amounts received by the Fund 

11 under subsection (b).

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