Original Saint-Gaudens Double Eagle Ultra-High Relief Palladium Bullion Coin Act

Bill: 110-hr-5614
Sponsor: Rep. Castle, Michael N. [R-DE-At Large]
Introduced: 2008-03-13 in the House
Policy area: Finance and Financial Sector
Subjects: Artists
Arts, Culture, Religion
Coins and coinage
Commemorations
Congress
Congressional reporting requirements
Counterfeiting
Crime and Law Enforcement
Gold
Public Lands and Natural Resources
Sculpture

Summary:
action_date: 2008-03-13
text: 
Original Saint-Gaudens Double Eagle Ultra-High Relief Bullion Coin Act - Permits the Secretary of the Treasury to mint and issue a $20 coin that bears, on the obverse and reverse, the designs of the famous 27-millimeter version of the 1907 Augustus Saint-Gaudens Double Eagle ultra-high relief gold piece.
 
Authorizes the Secretary to commence minting and issuing such coins for sale, beginning January 1, 2009.
 
Prohibits the coins, regardless of the composition, from being made available as so-called &quot;fractional&quot; coins.
 
States that no more than 25,000 shall be available for sale in a special &quot;Golden Age of American Coinage&quot; set.
 
Requires the Secretary to take specified protective and anti-counterfeiting measures.
 
Instructs the Treasury Inspector General to report to certain congressional committees on the extent of counterfeiting of rare, collectible, or numismatic coins for sale in the United States, regardless of the country where the original of such coin was produced or of the country in which the counterfeiting takes place, or sales overseas if such counterfeit coins are unauthorized copies of coins originally produced by the United States Mint.

action_date: 2008-05-15
text: 
Original Saint-Gaudens Double Eagle Ultra-High Relief Palladium Bullion Coin Act - Authorizes the Secretary of the Treasury to mint and issue a $20 coin that bears, on the obverse and reverse, the designs of the famous 27-millimeter version of the 1907 Augustus Saint-Gaudens Double Eagle ultra-high relief gold piece.
 
Authorizes the Secretary to commence minting and issuing such coins for sale, beginning January 1, 2009, in: (1) an appropriate number of $20 bullion investment coins meeting specified requirements; and (2) up to 15,000 ultra-high relief numismatic $20 coins meeting certain other requirements. Requires all coins to be minted at West Point, New York.
 
Prohibits numismatic coins from being made available as so-called &quot;fractional&quot; coins.
 
Requires the Secretary to take specified protective and anti-counterfeiting measures.
 
Instructs the Treasury Inspector General to report to certain congressional committees on the extent of counterfeiting of rare, collectible, or numismatic coins for sale in the United States, regardless of the country where the original of such coin was produced or of the country in which the counterfeiting takes place, or sales overseas if such counterfeit coins are unauthorized copies of coins originally produced by the U.S. Mint.


Legislative actions:
action_date: 2008-05-19
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2008-05-15
text: The title of the measure was amended. Agreed to without objection.
action_date: 2008-05-15
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2008-05-15
text: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 415 - 0 (Roll no. 325). (text: CR 5/13/2008 H3720-3721)
action_date: 2008-05-15
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 415 - 0 (Roll no. 325).(text: CR 5/13/2008 H3720-3721)
action_date: 2008-05-15
text: Considered as unfinished business. (consideration: CR H3903-3904)
action_date: 2008-05-13
text: At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Simpson objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was withdrawn.
action_date: 2008-05-13
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 5614.
action_date: 2008-05-13
text: Considered under suspension of the rules. (consideration: CR H3719-3722)
action_date: 2008-05-13
text: Mr. Gutierrez moved to suspend the rules and pass the bill, as amended.
action_date: 2008-03-13
text: Referred to the House Committee on Financial Services.
action_date: 2008-03-13
text: Introduced in House
action_date: 2008-03-13
text: Introduced in House