I 
108TH CONGRESS 
2D SESSION 
H. R. 4669
To require the Secretary of the Treasury to mint coins in commemoration 
of Ronald Wilson Reagan, the 40th President of the United States. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 23, 2004
Mr. HEFLEY 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 Ronald Wilson Reagan, the 40th 
President of the United States.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Ronald Reagan Com-
memorative Coin Act of 2004’’. 
SEC. 2. COIN SPECIFICATIONS. 
(a) DENOMINATIONS.—The Secretary of the Treas-
ury (hereafter in this Act referred to as the ‘‘Secretary’’) 
shall mint and issue the following coins:
(1) $5 GOLD COINS.—Not more than 100,000 
$5 coins, which shall—
(A) weigh 8.359 grams; 
(B) have a diameter of 0.850 inches; and 
(C) contain 90 percent gold and 10 percent 
alloy. 
(2) $1 SILVER COINS.—Not more than 500,000 
$1 coins, which shall—
(A) weigh 26.73 grams; 
(B) have a diameter of 1.500 inches; and 
(C) contain 90 percent silver and 10 per-
cent copper. 
(b) BIMETALLIC COINS.—The Secretary may mint 
and issue not more than 200,000 $10 bimetallic coins of 
gold and platinum instead of the gold coins required under 
subsection (a)(1), in accordance with such specifications 
as the Secretary determines to be appropriate. 
(c) LEGAL TENDER.—The coins minted under this 
Act shall be legal tender, as provided in section 5103 of 
title 31, United States Code. 
SEC. 3. SOURCES OF BULLION. 
The Secretary shall obtain platinum and gold for 
minting coins under this Act from available sources. 
SEC. 4. DESIGN OF COINS. 
(a) DESIGN REQUIREMENTS.—
(1) IN
GENERAL.—The design of the coins 
minted under this Act shall—
(A) be emblematic of the presidency and 
life of former President Ronald Wilson Reagan; 
(B) bear the likeness of former President 
Ronald Reagan on the obverse side; and 
(C) bear a design on the reverse side that 
is similar to the depiction of an American eagle 
carrying an olive branch, flying above a nest 
containing another eagle and hatchlings, as de-
picted on the 2001 American Eagle Gold Proof 
coins. 
(2) DESIGNATION
AND
INSCRIPTIONS.—On 
each coin minted under this Act, there shall be—
(A) a designation of the value of the coin; 
(B) an inscription of the year ‘‘2005’’; and 
(C) inscriptions of the words ‘‘Liberty’’, 
‘‘In God We Trust’’, ‘‘United States of Amer-
ica’’, and ‘‘E Pluribus Unum’’. 
(b) DESIGN SELECTION.—The design for the coins 
minted under this Act shall be—
(1) selected by the Secretary, after consultation 
with the Commission of Fine Arts; and 
(2) reviewed by the Citizens Commemorative 
Coin Advisory Committee.
SEC. 5. ISSUANCE OF COINS. 
(a) QUALITY OF COINS.—Coins minted under this 
Act shall be issued in uncirculated and proof qualities. 
(b) MINT FACILITY.—Only one facility of the United 
States Mint may be used to strike any particular combina-
tion of denomination and quality of the coins minted under 
this Act. 
(c) PERIOD
FOR ISSUANCE.—The Secretary may 
issue coins minted under this Act only during the period 
beginning on January 1, 2005 and ending on December 
31, 2005. 
SEC. 6. SALE OF COINS. 
(a) SALE PRICE.—The coins issued under this Act 
shall be sold by the Secretary at a price equal to the sum 
of—
(1) the face value of the coins; 
(2) the surcharge provided in subsection (d) 
with respect to such coins; and 
(3) the cost of designing and issuing the coins 
(including labor, materials, dies, use of machinery, 
overhead expenses, marketing, and shipping). 
(b) BULK SALES.—The Secretary shall make bulk 
sales of the coins issued under this Act at a reasonable 
discount. 
(c) PREPAID ORDERS.—
(1) IN GENERAL.—The Secretary shall accept 
prepaid orders for the coins minted under this Act 
before the issuance of such coins. 
(2) DISCOUNT.—Sale prices with respect to pre-
paid orders under paragraph (1) shall be at a rea-
sonable discount. 
(d) SURCHARGES.—All sales of coins issued under 
this Act shall include a surcharge established by the Sec-
retary, in an amount equal to not more than—
(1) $50 per coin for the $10 coin or $35 per 
coin for the $5 coin; and 
(2) $10 per coin for the $1 coin. 
SEC. 7. DISTRIBUTION OF SURCHARGES. 
(a) IN GENERAL.—Subject to section 5134(f) of title 
31, United States Code, the proceeds from the surcharges 
received by the Secretary from the sale of coins issued 
under this Act shall be paid promptly by the Secretary 
to the Department of Health and Human Services to be 
used by the Secretary of Health and Human Services for 
the purposes of—
(1) providing grants to charitable organizations 
that assist families in their efforts to provide care at 
home to a family member with Alzheimer’s disease; 
and
(2) increasing awareness and educational out-
reach regarding Alzheimer’s disease. 
(b) AUDITS.—Any organization or entity that re-
ceives funds from the Secretary of Health and Human 
Services under subsection (a) shall be subject to the audit 
requirements of section 5134(f)(2) of title 31, United 
States Code, with regard to such funds. 
SEC. 8. FINANCIAL ASSURANCES. 
(a) NO NET COST TO THE GOVERNMENT.—The Sec-
retary shall take such actions as may be necessary to en-
sure that minting and issuing coins under this Act will 
not result in any net cost to the United States Govern-
ment. 
(b) PAYMENT FOR COINS.—A coin shall not be issued 
under this Act unless the Secretary has received—
(1) full payment for the coin; 
(2) security satisfactory to the Secretary to in-
demnify the United States for full payment; or 
(3) a guarantee of full payment satisfactory to 
the Secretary from a depository institution, the de-
posits of which are insured by the Federal Deposit 
Insurance Corporation or the National Credit Union 
Administration Board.
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