ties, consistent with the mission of the Marine 
Corps; 
(7) the Marine Corps Heritage Center is sched-
uled to open on November 10, 2005; 
(8) the United States should pay tribute to the 
230th anniversary of the United States Marine 
Corps by minting and issuing a commemorative sil-
ver dollar coin; and 
(9) the surcharge proceeds from the sale of a 
commemorative coin, which would have no net costs 
to the taxpayers, would raise valuable funding for 
the construction of the Marine Corps Heritage Cen-
ter. 
SEC. 3. COIN SPECIFICATIONS. 
(a) $1 SILVER COINS.—The Secretary of the Treas-
ury (hereafter in this Act referred to as the ‘‘Secretary’’) 
shall mint and issue not more than 500,000 $1 coins, each 
of which shall—
(1) weigh 26.73 grams; 
(2) have a diameter of 1.500 inches; and 
(3) contain 90 percent silver and 10 percent 
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.
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 
warrior ethos of the United States Marine Corps. 
(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 ‘‘2005’’; 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 Marine Corps Historical Division and 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 1-year 
period beginning on January 1, 2005. 
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 (b) 
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) SURCHARGES.—All sales of coins issued under 
this Act shall include a surcharge of $10 per coin. 
(c) BULK SALES.—The Secretary shall make bulk 
sales of coins issued under this Act at a reasonable dis-
count. 
(d) PREPAID ORDERS.—
(1) IN GENERAL.—The Secretary shall accept 
prepaid orders for coins minted under this Act be-
fore the issuance of such coins. 
(2) DISCOUNT.—Sale prices with respect to pre-
paid orders under paragraph (1) should be at a rea-
sonable discount.
SEC. 7. DISTRIBUTION OF SURCHARGES. 
(a) 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 Marine 
Corps Heritage Foundation for the purposes of construc-
tion of the Marine Corps Heritage Center, as authorized 
by section 1 of Public Law 106–398 (114 Stat. 1654). 
(b) AUDIT.—The Marine Corps Heritage Foundation 
shall be subject to the audit requirements of section 
5134(f)(2) of title 31, United States Code, with regard 
to the amounts received under subsection (a).
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