(1) The Panama Canal, which cuts across the 
Isthmus of Panama, was built between 1890 and 
1914. It was the world’s greatest engineering feat of 
its time and required a labor force of almost 40,000. 
(2) President Theodore Roosevelt, recognizing 
the value of a canal, led the United States in buying 
the equipment and concession to build the canal for 
$40 million, and championed the effort that over-
came malaria and immense logistical problems. The 
Canal opened on August 15, 1914—401 years after 
Spanish explorer Vasco Nun˜ez de Balboa first 
crossed Panama. 
(3) Stretching 51 miles, the Panama Canal con-
nected the Atlantic Ocean and the Pacific Ocean, 
saving sailors a dangerous 8,000-mile journey 
around Cape Horn and through the Straits of Ma-
gellan, and cutting in half the time previously re-
quired to sail between the oceans. 
(4) The 1915 Panama-Pacific International Ex-
position was a world’s fair held in San Francisco, 
California. The Exposition ran from February 20 
until December 4, 1915. 
(5) The Exposition commemorated the comple-
tion of the Panama Canal and the 400th anniver-
sary of the discovery of the Pacific Ocean by Balboa. 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
(6) Congress authorized the United States Mint 
to issue five different coins dated 1915 in connection 
with the Panama-Pacific International Exposition. 
The coins represent a high-water mark for American 
commemorative coins. Produced at the San Fran-
cisco Mint, these were the first United States com-
memorative coins to bear the motto ‘‘In God We 
Trust’’, and included the silver Panama-Pacific half 
dollar and four gold coins in denominations of one 
dollar, 21⁄2 dollars, a 50-dollar round coin, and a 
unique 50-dollar octagonal coin. 
(7) The octagonal $50 gold piece was the larg-
est coin authorized by Congress, and the first mint-
ed since 1852 in a shape other than round. 
(8) The United States should mark the centen-
nial of this important event in San Francisco and 
the monumental achievement of the opening of the 
Panama Canal. 
(9) The proceeds from the surcharge on the 
sale of such commemorative coins will assist in sup-
porting the educational programs of the San Fran-
cisco Museum and Historical Society. 
SEC. 3. COIN SPECIFICATIONS. 
(a) DENOMINATIONS.—The Secretary of the Treas-
ury (hereafter in this Act referred to as the ‘‘Secretary’’) 
VerDate Mar 15 2010 
23:22 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
shall mint and issue the following coins, notwithstanding 
section 5112(a) of title 31, United States Code: 
(1) $5 OCTAGONAL
GOLD
COINS.—Not more 
than 75,000 $5 coins, which shall— 
(A) be octagonal in shape; 
(B) weigh 8.359 grams; 
(C) have a distance between two opposing 
vertices of 0.850 inches; and 
(D) contain 90 percent gold and 10 per-
cent alloy. 
(2) $5 ROUND GOLD COINS.—Not more than 
75,000 $5 coins, which shall— 
(A) be round in shape; 
(B) weigh 8.359 grams; 
(C) have a diameter of 0.850 inches; and 
(D) contain 90 percent gold and 10 per-
cent alloy. 
(3) 
TWO
AND
ONE-HALF
DOLLAR
GOLD 
COINS.—Not more than 50,000 two and one-half 
dollar coins, which shall— 
(A) weigh 4.18 grams; 
(B) have a diameter of 0.7087 inches; and 
(C) contain 90 percent gold and 10 percent 
copper. 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
(4) $1 GOLD COINS.—Not more than 50,000 $1 
coins, which shall— 
(A) weigh 1.67 grams; 
(B) have a diameter of 0.5906 inches; and 
(C) contain 90 percent gold and 10 percent 
copper. 
(5) HALF DOLLAR SILVER COINS.—Not more 
than 250,000 half dollar coins, which shall— 
(A) weigh 12.5 grams; 
(B) have a diameter of 1.2047 inches; and 
(C) contain .999 fine silver. 
(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 section 
5134 of title 31, United States Code, all coins minted 
under this Act shall be considered to be numismatic items. 
SEC. 4. DESIGN OF COINS. 
(a) DESIGN REQUIREMENTS.— 
(1) IN
GENERAL.—The design of the coins 
minted under this Act should be close likenesses of 
the five coins issued by the San Francisco Mint at 
the opening of the Pan-Pacific Exposition. 
(2) SPECIFIC DESIGN REQUIREMENTS.— 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
(A) $5 GOLD
COINS.—The $5 octagonal 
gold coins minted under this Act and the $5 
round gold coins minted under this Act shall be 
a close likeness of the octagonal Panama-Pa-
cific Exposition $50 gold coin and the round 
Panama-Pacific Exposition $50 gold coin, re-
spectively. Such coins— 
(i) shall have an obverse depicting the 
head of the goddess Minerva, with a Corin-
thian-style helmet, enclosed in a ring of 
beads; 
(ii) with a reverse— 
(I) depicting an owl perched on a 
pine bough complete with four pine 
cones and multiple sprigs of pine nee-
dles surrounded by the same ring of 
beads depicted on the obverse; and 
(II) depicting, outside this ring, 
the inscriptions ‘‘PANAMA-PACIFIC 
EXPOSITION’’ and ‘‘SAN FRAN-
CISCO’’ in a single line of text cir-
cling the entire rim, with the words 
separated by dots; and 
(iii) with respect to the octagonal 
coin, such coin shall also have an obverse 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
and reverse that depicts, in the eight an-
gles of the vertices, eight stylized dolphins 
that form an outer circle. 
(B) TWO
AND
ONE-HALF
DOLLAR
GOLD 
COINS.—The two and one-half dollar gold coins 
minted under this Act shall be a close likeness 
of the Panama-Pacific Exposition two and one- 
half dollar gold coin, and— 
(i) the obverse shall bear the Greek 
goddess Columbia riding sidesaddle on the 
back of a Greek mythological hippocampus 
seahorse, with a caduceus in her left hand; 
and 
(ii) the reverse shall bear an eagle 
perched on a plaque that is inscribed ‘‘E 
Pluribus Unum’’ and ‘‘United States of 
America’’. 
(C) $1 GOLD COINS.—The $1 gold coin 
minted under this Act shall be a close likeness 
of the Panama-Pacific Exposition $1 gold coin, 
and— 
(i) the obverse shall bear the profile of 
a man wearing a cap which is intended to 
depict a laborer who worked on the con-
struction of the Panama Canal; and 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
(ii) the reverse shall bear the image of 
two dolphins symbolizing the meeting of 
the two oceans, with the inscriptions 
‘‘PANAMA PACIFIC EXPOSITION’’ and 
‘‘SAN FRANCISCO’’. 
(D) HALF
DOLLAR
SILVER
COINS.—The 
half dollar silver coins minted under this Act 
shall be designed— 
(i) to be a close likeness of the 1915 
Panama Pacific Exposition half dollar coin; 
(ii) with an obverse depicting Colum-
bia scattering flowers from a cornucopia 
held by a small child towards a sunset on 
the Golden Gate (prior to the construction 
of the now famous bridge), which was de-
signed by the Mint’s then-Chief Engraver, 
Charles Barber; and 
(iii) with a reverse depicting an eagle 
resting on the union shield with an oak 
branch to its left, for stability and 
strength, and an olive branch to its right, 
for peace, credited to Barber’s assistant 
George T. Morgan, designer of the Morgan 
dollar. 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
(3) 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— 
(i) depicted in Roman numerals 
(‘‘MMXVII’’), in the case of the $5 and 
half dollar coins; and 
(ii) ‘‘2017’’, in the case of the $1 
coins and the two and one-half dollar gold 
coins; 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 
(2) reviewed by the Citizens Coinage Advisory 
Committee. 
SEC. 5. CIRCULATING COIN. 
(a) IN GENERAL.—The Secretary may issue circu-
lating clad half dollar coins, as described under section 
5112 of title 31, United States Code, in the same design 
as described for the half dollar silver coins under section 
4(a)(2)(D). 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
(b) LIMITATION.—If the Secretary issues such circu-
lating half dollar coins, the Secretary— 
(1) may issue them in no more than 5 consecu-
tive calendar years, beginning in calendar year 2017; 
and 
(2) shall ensure that, of the total number of 
half dollar coins issued in any such calendar year, 
not more than half of such coins are made up of the 
half dollar coins issued pursuant to this section. 
SEC. 6. 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 quality 
of the coins minted under this Act. 
(c) PERIOD
FOR ISSUANCE.—The Secretary may 
issue coins minted under this Act, other than coins de-
scribed under section 5, only during the 1-year period be-
ginning on January 1, 2017. 
SEC. 7. SALE OF COINS. 
(a) SALE PRICE.—The coins issued under this Act, 
other than coins described under section 5, shall be sold 
by the Secretary at a price equal to the sum of— 
(1) the face value of the coins; 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00010
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
(2) the surcharge provided in section 8(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, other than coins 
described under section 5, at a reasonable discount. 
(c) PREPAID ORDERS.— 
(1) IN GENERAL.—The Secretary shall accept 
prepaid orders for the coins minted under this Act, 
other than coins described under section 5, 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. 8. SURCHARGES. 
(a) IN GENERAL.—All sales of coins issued under this 
Act, other than coins described under section 5, shall in-
clude a surcharge of— 
(1) $35 per coin for the $5 coins; 
(2) $20 per coin for the two and one-half dollar 
coin; 
(3) $15 per coin for the $1 coin; and 
(4) $10 per coin for the half dollar coin. 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00011
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
(b) DISTRIBUTION.—Subject to section 5134(f)(1) of 
title 31, United States Code, all surcharges received by 
the Secretary from the sale of coins issued under this Act, 
other than coins described under section 5, shall be 
promptly paid by the Secretary to the San Francisco Mu-
seum and Historical Society for the design and construc-
tion of appropriate exhibitions in the San Francisco Mu-
seum and Historical Society, including the necessary 
adaptive reuse of the Old Mint, commemorating the Pan-
ama-Pacific International Exposition, as well as the devel-
opment of appropriate exhibitions at the Palace of Fine 
Arts on the grounds of the former Panama-Pacific Inter-
national Exposition. 
(c) AUDITS.—The Comptroller General of the United 
States shall have the right to examine such books, records, 
documents, and other data of each of the organizations 
referred to in subsection (b) as may be related to the ex-
penditures of amounts paid under such subsection. 
(d) LIMITATION.—Notwithstanding subsection (a), 
no surcharge may be included with respect to the issuance 
under this Act, other than coins described under section 
5, 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 programs issued 
during such year to exceed the annual 2 commemorative 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00012
Fmt 6652
Sfmt 6201
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS
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 Secretary 
of the Treasury may issue guidance to carry out this sub-
section. 
Æ 
VerDate Mar 15 2010 
05:09 Jul 23, 2013
Jkt 029200
PO 00000
Frm 00013
Fmt 6652
Sfmt 6301
E:\BILLS\H2760.IH
H2760
smartinez on DSK6TPTVN1PROD with BILLS