I
104TH CONGRESS
1ST SESSION
H. R. 1406
To require the Secretary of the Treasury to mint coins in commemoration
of the 50th anniversary of the Marshall Plan and George Catlett Marshall.
IN THE HOUSE OF REPRESENTATIVES
APRIL 5, 1995
Mr. MASCARA introduced the following bill; which was referred to the
Committee on Banking and Financial Services
A BILL
To require the Secretary of the Treasury to mint coins
in commemoration of the 50th anniversary of the Mar-
shall Plan and George Catlett Marshall.
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 ‘‘George C. Marshall
Commemorative Coin Act’’.
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 in commemoration
of the 50th anniversary of the Marshall Plan and George
Catlett Marshall:
(1) $1 SILVER COINS.—Not more than 700,000
1 dollar 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.
(2) HALF
DOLLAR
CLAD
COINS.—Not more
than 500,000 half dollar coins which shall—
(A) weigh 11.34 grams;
(B) have a diameter of 1.205 inches; and
(C) be minted to the specifications for half
dollar coins contained in section 5112(b) of title
31, United States Code.
(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. 3. SOURCES OF BULLION.
The Secretary shall obtain silver for minting coins
under this Act only from stockpiles established under the
Strategic and Critical Materials Stock Piling Act.
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
50th anniversary of the Marshall Plan, which gave
Europe’s 
war-ravaged 
countries 
the 
economic
strength by which they might choose freedom, and
George C. Marshall, the author of the plan.
(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 ‘‘1997’’; and
(C) inscriptions of the words ‘‘Liberty’’,
‘‘In God We Trust’’, ‘‘United States of Amer-
ica’’, and ‘‘E Pluribus Unum’’.
(3) OBVERSE SIDE.—The obverse side of each
coin minted under this Act shall bear the likeness of
George C. Marshall.
(b) SELECTION.—The design for the coins minted
under this Act shall be—
(1) selected by the Secretary after consultation
with the George C. Marshall Foundation, the
Friends of George C. Marshall, and 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 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) COMMENCEMENT OF ISSUANCE.—The Secretary
may issue coins minted under this Act beginning January
1, 1997.
(d) TERMINATION
OF MINTING AUTHORITY.—No
coins may be minted under this Act after December 31,
1997.
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.