• seperator

Reagan coin bill introduced

This article was originally printed in Numismatic News.
>> Subscribe today!

Legislation drafted on the occasion of the centennial of the birth of Ronald Reagan Feb. 6 calls for 50,000 $5 gold pieces and 300,000 silver dollars.

Premium Collector's Series: Commemorative Coin Collecting
Premium Collector’s Series: Commemorative Coin Collecting

Carefully-selected references and resources geared toward helping you achieve your collecting goals.
Get your series today!

A $35 surcharge on the gold coin and a $10 surcharge on the silver dollar are intended to raise funds for U.S. Army emergency relief. A sellout would raise $1.75 million for the gold coins and $3 million for the silver dollars.

The bill, H.R. 497, was introduced by U.S. Rep. Robert Latta, R-Ohio, on Jan. 26.

Latta had previously introduced legislation for a Reagan $50 bill (2009), and $5 gold and silver dollar coins (2010). He is in his third term in Congress and for introduction of the measure persuaded 28 colleagues to join him. The measure was referred to the House Financial Services Committee where it should wind up before the coinage subcommittee headed up by Rep. Ron Paul, R-Texas.

Reagan served as the 40th President of the United States. He died in June 2004 at age 93.

More Coin Collecting Resources:

State Quarters Deluxe Folder By Warmans

• Subscribe to our Coin Price Guide, buy Coin Books Coin Folders and join the NumisMaster VIP Program

Strike It Rich with Pocket Change, 2nd Edition

This entry was posted in Articles, General News, News. Bookmark the permalink.

Leave a Reply