I 
109TH CONGRESS 
1ST SESSION H. R. 1953
To require the Secretary of the Treasury to mint coins in commemoration 
of the Old Mint at San Francisco, otherwise known as the ‘‘Granite 
Lady’’, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 28, 2005
Ms. PELOSI (for herself and Mr. CASTLE) 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 Old Mint at San Francisco, 
otherwise known as the ‘‘Granite Lady’’, and for other 
purposes.
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 ‘‘San Francisco Old 
Mint Commemorative Coin Act’’. 
SEC. 2. FINDINGS. 
The Congress hereby finds as follows:
(1) The Granite Lady played an important role 
in the history of the Nation. 
(2) The San Francisco Mint was established 
pursuant to an Act of Congress of July 3, 1852, to 
convert miners’ gold from the California gold rush 
into coins. 
(3) The San Francisco Old Mint Building was 
designed by architect A.B. Mullett, who also de-
signed the United States Treasury Building and the 
Old Executive Office Building. 
(4) The solid construction of the Granite Lady 
enabled it to survive the 1906 San Francisco earth-
quake and fire, making it the only financial institu-
tion that was able to operate immediately after the 
earthquake as the treasury for disaster relief funds 
for the city of San Francisco. 
(5) Coins struck at the San Francisco Old Mint 
are distinguished by the ‘‘S’’ mint mark. 
(6) The San Francisco Old Mint is famous for 
having struck many rare, legendary issues, such as 
the 1870–S $3 coin, which is valued today at well 
over $1,000,000, and the 1894–S dime which is 
comparatively rare.
(7) The San Francisco Old Mint Commemora-
tive Coin will be the first commemorative coin to 
honor a United States mint. 
SEC. 3. COIN SPECIFICATIONS. 
(a) DENOMINATIONS.—Notwithstanding any other 
provision of law, and in commemoration of the San Fran-
cisco Old Mint, the Secretary of the Treasury (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) 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. 4. DESIGN OF COINS. 
(a) DESIGN REQUIREMENTS.—
(1) IN
GENERAL.—The design of the coins 
minted under this Act shall be emblematic of the 
San Francisco Old Mint Building, its importance to 
California and the history of the United States, and 
its role in rebuilding San Francisco after the 1906 
earthquake and fire. 
(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 ‘‘2006’’; and 
(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 the Commission of Fine Arts, and the Board of 
the San Francisco Museum and Historical Society; 
and
(2) reviewed by the Citizens Coinage 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.—The coins authorized under 
this Act shall be struck at the San Francisco Mint to the 
greatest extent possible. 
(c) PERIOD
FOR ISSUANCE.—The Secretary may 
issue coins minted under this Act only during the 1-year 
period beginning on January 1, 2006. 
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 section 7(a) 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. 
SEC. 7. SURCHARGES. 
(a) IN GENERAL.—All sales of coins minted under 
this Act shall include a surcharge as follows: 
(1) A surcharge of $35 per coin for the $5 coin. 
(2) A surcharge of $10 per coin for the $1 coin. 
(b) DISTRIBUTION.—Subject to section 5134(f) of 
title 31, United States Code, all surcharges received by 
the Secretary from the sale of coins issued under this Act 
shall be promptly paid by the Secretary to the San Fran-
cisco Museum and Historical Society for use for the pur-
poses of rehabilitating the Historic Old Mint in San Fran-
cisco as a city museum and an American Coin and Gold 
Rush Museum. 
(c) AUDITS.—The San Francisco Museum and His-
torical Society shall be subject to the audit requirements 
of section 5134(f)(2) of title 31, United States Code, with 
regard to the amounts received by the Fund under sub-
section (b).
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