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years, has major significance in the history of the 
United States. 
(2) The Jamestown Settlement brought people 
from throughout the Atlantic Basin together to form 
a society that drew upon the strengths and charac-
teristics of English, European, African, and Native 
American cultures. 
(3) The economic, political, religious, and social 
institutions that developed during the first 9 decades 
of the existence of Jamestown continue to have pro-
found effects on the United States, particularly in 
English common law and language, cross cultural re-
lationships, manufacturing, and economic structure 
and status. 
(4) The National Park Service, the Association 
for the Preservation of Virginia Antiquities, and the 
Jamestown-Yorktown Foundation of the Common-
wealth of Virginia collectively own and operate sig-
nificant resources related to the early history of 
Jamestown. 
(5) In 2000, Congress established the James-
town 400th Commemoration Commission to ensure 
a suitable national observance of the Jamestown 
2007 anniversary and to support and facilitate mar-
keting efforts for a commemorative coin, stamp, and
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related activities for the Jamestown 2007 observ-
ances. 
(6) A commemorative coin will bring national 
and international attention to the lasting legacy of 
Jamestown, Virginia. 
(7) The proceeds from a surcharge on the sale 
of such commemorative coin will assist the financing 
of a suitable national observance in 2007 of the 
400th anniversary of the founding of Jamestown, 
Virginia. 
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 
dollar 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 dollar coins, which shall— 
(A) weigh 26.73 grams; 
(B) have a diameter of 1.500 inches; and
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(C) contain 90 percent silver and 10 per-
cent copper. 
(b) LEGAL TENDER.—The coins minted under this 
Act shall be legal tender, as provided in section 5103 of 
title 31, United States Code. 
(c) NUMISMATIC ITEMS.—For purposes of sections 
5134 and 5136 of title 31, United States Code, all coins 
minted under this Act shall be considered to be numis-
matic items. 
SEC. 3. SOURCES OF BULLION. 
The Secretary shall obtain gold and silver for minting 
coins under this Act pursuant to the authority of the Sec-
retary under other provisions of law. 
SEC. 4. DESIGN OF COINS. 
(a) DESIGN REQUIREMENTS.— 
(1) IN
GENERAL.—The design of the coins 
minted under this Act shall be emblematic of the 
settlement of Jamestown, Virginia, the first perma-
nent English settlement in America. 
(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 ‘‘2007’’; and
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(C) inscriptions of the words ‘‘Liberty’’, 
‘‘In God We Trust’’, ‘‘United States of Amer-
ica’’, and ‘‘E Pluribus Unum’’. 
(b) SELECTION.—The design for the coins minted 
under this Act shall be— 
(1) selected by the Secretary after consultation 
with— 
(A) the Jamestown 2007 Steering Com-
mittee, created by the Jamestown-Yorktown 
Foundation of the Commonwealth of Virginia; 
(B) the National Park Service; and 
(C) the Commission of Fine Arts; and 
(2) reviewed by the citizens advisory committee 
established under section 5135 of title 31, United 
States Code. 
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 1 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
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beginning on January 1, 2007, and ending on December 
31, 2007. 
SEC. 6. SALE OF COINS. 
(a) SALE PRICE.—Notwithstanding any other provi-
sion of law, the coins issued under this Act shall be sold 
by the Secretary at a price equal to the face value, plus 
the cost of designing and issuing such coins (including 
labor, materials, dies, use of machinery, overhead ex-
penses, and marketing). 
(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. 
SEC. 7. SURCHARGES. 
(a) SURCHARGE REQUIRED.—All sales shall include 
a surcharge of $35 per coin for the $5 coins and $10 per 
coin for the $1 coins. 
(b) DISTRIBUTION.—Subject to section 5134(f) of 
title 31, United States Code, all surcharges which are re-
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ceived by the Secretary from the sale of coins issued under 
this Act shall be promptly paid by the Secretary as follows: 
(1) PROGRAMS TO PROMOTE UNDERSTANDING 
OF THE LEGACIES OF JAMESTOWN.—1⁄2 of the sur-
charges shall be used to support programs to pro-
mote the understanding of the legacies of James-
town and for such purpose shall be paid to the 
Jamestown-Yorktown Foundation of the Common-
wealth of Virginia. 
(2) OTHER PURPOSES FOR SURCHARGES.— 
(A) IN GENERAL.—1⁄2 of the surcharges 
shall be used for the following purposes: 
(i) To sustain the ongoing mission of 
preserving Jamestown. 
(ii) To enhance national and inter-
national educational programs relating to 
Jamestown, Virginia. 
(iii) To improve infrastructure and ar-
chaeological research activities relating to 
Jamestown, Virginia. 
(iv) To conduct other programs to 
support the commemoration of the 400th 
anniversary of the settlement of James-
town, Virginia.
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(B) RECIPIENTS
OF
SURCHARGES
FOR 
SUCH OTHER PURPOSES.—The surcharges re-
ferred to in subparagraph (A) shall be distrib-
uted by the Secretary in equal shares to the fol-
lowing organizations for the purposes described 
in such subparagraph: 
(i) The Secretary of the Interior. 
(ii) The Association for the Preserva-
tion of Virginia Antiquities. 
(iii) The Jamestown-Yorktown Foun-
dation of the Commonwealth of Virginia. 
(c) AUDITS.—The Jamestown-Yorktown Foundation 
of the Commonwealth of Virginia, the Secretary of the In-
terior, and the Association for the Preservation of Virginia 
Antiquities shall each be subject to the audit requirements 
of section 5134(f)(2) of title 31, United States Code. 
(d) LIMITATION.—Notwithstanding subsection (a), 
no surcharge may be included with respect to the issuance 
under this Act of any coin during a calendar year if, as 
of the time of such issuance, the issuance of such coin 
would result in the number of commemorative coin pro-
grams issued during such year to exceed the annual 2 
commemorative coin program issuance limitation under 
section 5112(m)(1) of title 31, United States Code (as in 
effect on the date of the enactment of this Act). The Sec-