I 
108TH CONGRESS 
2D SESSION 
H. R. 3765
To require the Secretary of the Treasury to mint coins in commemoration 
of the recipients of the Congressional Medal of Honor. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 4, 2004
Mr. CALVERT 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 recipients of the Congressional 
Medal of Honor.
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 ‘‘Congressional Medal 
of Honor Memorial Coin Act of 2004’’. 
SEC. 2. FINDINGS. 
Congress finds the following: 
(1) The Congressional Medal of Honor is the 
highest award for valor that can be bestowed upon 
a member of the Armed Forces of the United States.
(2) The recipients of the Congressional Medal 
of Honor have conspicuously distinguished them-
selves by gallantry and intrepidity at the risk of 
their lives above and beyond the call of duty. 
(3) The National Medal of Honor Memorial at 
Riverside National Cemetery is a fitting monument 
to the heroes who have received the Congressional 
Medal of Honor. 
(4) The National Medal of Honor Memorial at 
Riverside National Cemetery honors the service and 
sacrifice of each of the recipients of the Congres-
sional Medal of Honor. 
(5) The $1,700,000 required to build the Na-
tional Medal of Honor Memorial at Riverside Na-
tional Cemetery was raised solely through donations 
to the Riverside National Cemetery Congressional 
Medal of Honor Memorial Committee. 
(6) Substantial support exists among the people 
of the United States for the minting and issuance of 
coins in commemoration of the recipients of the Con-
gressional Medal of Honor. 
(7) The people of the United States will be able 
to keep and hold the coins minted under this Act as 
a personal memorial to the many heroes who have 
received the Congressional Medal of Honor.
SEC. 3. COIN SPECIFICATIONS. 
(a) DENOMINATIONS.—In commemoration of the re-
cipients of the Congressional Medal of Honor, the Sec-
retary of the Treasury (hereafter in this Act referred to 
as the ‘‘Secretary’’) shall mint and issue the following: 
(1) $5 GOLD COINS.—Not more than 50,000 $5 
coins, each of 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 250,000 
$1 coins, each of 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 section 
5136 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) IN GENERAL.—The design of the coins minted 
under this Act shall be emblematic of the values and abili-
ties necessary to earn the Congressional Medal of Honor, 
such as gallantry and intrepidity. 
(b) DESIGNATION AND INSCRIPTIONS.—On each coin 
minted under this Act there shall be—
(1) a designation of the value of the coin; 
(2) an inscription of the year ‘‘2008’’; and 
(3) inscriptions of the words ‘‘Liberty’’, ‘‘In 
God We Trust’’, ‘‘United States of America’’, and 
‘‘E Pluribus Unum’’. 
(c) 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. 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 only during the period 
beginning on January 1, 2008, and ending on December 
31, 2008.
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 surcharges required by 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.—The Secretary shall accept 
prepaid orders received before the issuance of the coins 
minted under this Act. The sale prices with respect to such 
prepaid orders shall be at a reasonable discount. 
SEC. 7. SURCHARGES. 
(a) ASSESSMENT.—Any sale by the Secretary of a 
coin 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, the proceeds from the sur-
charges received by the Secretary from the sale of coins
issued under this Act shall be paid promptly by the Sec-
retary to the Riverside National Cemetery Support Com-
mittee, a nonprofit organization established under the laws 
of the State of California, for the purposes of—
(1) maintaining the National Medal of Honor 
Memorial at Riverside National Cemetery; and 
(2) constructing and maintaining such memo-
rials as the Riverside National Cemetery Support 
Committee and the Secretary of Veterans Affairs 
may jointly designate. 
(c) AUDITS.—The Riverside National Cemetery Sup-
port Committee 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 Committee under 
subsection (b).
Æ