109TH CONGRESS

2D SESSION S. 811

AN ACT

To require the Secretary of the Treasury to mint coins

in commemoration of the bicentennial of the birth of

Abraham Lincoln.

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 ‘‘Abraham Lincoln Com5 memorative Coin Act’’.
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1 SEC. 2. FINDINGS.

2 The Congress finds as follows:

3 (1) Abraham Lincoln, the 16th President, was

4 one of the Nation’s greatest leaders, demonstrating

5 true courage during the Civil War, one of the great6 est crises in the Nation’s history.

7 (2) Born of humble roots in present-day LaRue

8 County, Kentucky, on February 12, 1809, Abraham

9 Lincoln rose to the Presidency through a combina10 tion of honesty, integrity, intelligence, and commit11 ment to the United States.

12 (3) With the belief that all men were created

13 equal, Abraham Lincoln led the effort to free all

14 slaves in the United States.

15 (4) Abraham Lincoln had a generous heart,

16 with malice toward none and with charity for all.

17 (5) Abraham Lincoln gave the ultimate sacrifice

18 for his country, dying from an assassin’s bullet on

19 April 15, 1865.

20 (6) The year 2009 will be the bicentennial anni21 versary of the birth of Abraham Lincoln.

22 (7) The Abraham Lincoln Bicentennial Com23 mission has been charged by Congress with planning

24 the celebration of President Lincoln’s bicentennial.
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1 (8) The proceeds from a commemorative coin

2 will help fund the celebration and the continued

3 study of the life of President Lincoln.

4 SEC. 3. COIN SPECIFICATIONS.

5 (a) $1 SILVER COINS.—The Secretary of the Treas6 ury (in this Act referred to as the ‘‘Secretary’’) shall mint

7 and issue not more than 500,000 $1 coins, which shall—

8 (1) weigh 26.73 grams;

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

10 (3) contain 90 percent silver and 10 percent

11 copper.

12 (b) LEGAL TENDER.—The coins minted under this

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

14 title 31, United States Code.

15 (c) NUMISMATIC ITEMS.—For purposes of sections

16 5134 and 5136 of title 31, United States Code, all coins

17 minted under this Act shall be considered to be numis18 matic items.

19 SEC. 4. DESIGN OF COINS.

20 (a) DESIGN REQUIREMENTS.—

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

22 minted under this Act shall be emblematic of the life

23 and legacy of President Abraham Lincoln.

24 (2) DESIGNATION AND INSCRIPTIONS.—On

25 each coin minted under this Act, there shall be—
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1 (A) a designation of the value of the coin;

2 (B) an inscription of the year ‘‘2009’’; and

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

4 ‘‘In God We Trust’’, ‘‘United States of Amer5 ica’’, and ‘‘E Pluribus Unum’’.

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

7 under this Act shall be—

8 (1) selected by the Secretary, after consultation

9 with the Commission of Fine Arts and the Abraham

10 Lincoln Bicentennial Commission; and

11 (2) reviewed by the Citizens Coinage Advisory

12 Committee established under section 5135 of title

13 31, United States Code.

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) PERIOD FOR ISSUANCE.—The Secretary may

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

22 period beginning on January 1, 2009.
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1 SEC. 6. SALE OF COINS.

2 (a) SALE PRICE.—The coins minted 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 minted 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 of $10 per coin.

24 (b) DISTRIBUTION.—Subject to section 5134(f) of

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

26 the Secretary from the sale of coins minted under this Act
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1 shall be promptly paid by the Secretary to the Abraham

2 Lincoln Bicentennial Commission to further the work of

3 the Commission.

4 (c) AUDITS.—The Abraham Lincoln Bicentennial

5 Commission shall be subject to the audit requirements of

6 section 5134(f)(2) of title 31, United States Code.

Passed the Senate June 29, 2006.

Attest:

Secretary.
109TH CONGRESS

2D SESSION S. 811

AN ACT

To require the Secretary of the Treasury to mint

the birth of Abraham Lincoln.coins in commemoration of the bicentennial of