Proposed Thirteenth Amendment Commemorative Program Includes Bimetallic Platinum and Gold Coin | Silver Coins

Proposed Thirteenth Amendment Commemorative Program Includes Bimetallic Platinum and Gold Coin

A bill has been introduced in the Property of Representatives which seeks to call for the Secretary of the Treasury to mint and problem coins in commemoration of the Sesquicentennial of the adoption of the Thirteenth Amendment to the United States Constitution, which officially marked the abolishment of slavery in the United States. The program would include some intriguing aspects, including a bimetallic platinum and gold coin, a attainable higher relief gold coin, and specifications for the gold and silver coins which are not common for modern day commemoratives.

H.R. 2633: Thirteenth Amendment Commemorative Coin Act was introduced on July 9, 2013 by Rep. Danny K. Davis of Illinois and cosponsored by John Shimkus of Illinois. The bill has been referred to the Home Committee on Monetary Services.

Library of Congress Bimetallic Coin

If approved, the bill would authorize 3 different denominations for the system. The first would be a bi-metallic platinum and gold coin carrying a face worth of $ 50. The coin would contain platinum and .9167 pure gold, with the weight, diameter, and thickness to be determined by the Secretary of the Treasury. The United States Mint has issued a bimetallic gold and platinum coin on only 1 occasion in the past to mark the bicentennial of the Library of Congress in 2000.

The second coin integrated in the system would be struck in .900 pure gold with a weight of 33.931 grams, diameter of 32.7 mm, and face worth of $ 20. This would represent an unusual size for a modern day commemorative coin. All other issues because 1984 have been struck in .900 gold with a weight of weight of 16.718 grams for $ ten face value coins, or with a weight of eight.359 grams for $ 5 face worth coins.

Lastly, the third coin of the plan would be struck in .999 fine silver with a weight of 31.103 grams, diameter of 40.six mm, and face worth of $ 1. These are the identical specifications as the a single ounce American Silver Eagle. All preceding modern commemorative silver dollars have been struck in .900 fine silver with a weight of 26.73 grams and diameter of 38.10 mm.

With regards to the design of the coins, the bill states that they “shall be emblematic of the Thirteenth Amendment and the abolishment of slavery in America” and “shall be primarily based on the economic contributions of slavery, and include images of the pathway from slavery to freedom.” Far more particularly, the design for the bimetallic $ 50 coin shall function an image of Columbia or related figure representing Liberty on the obverse, a single eagle on the reverse, and a set of stars on 1 or each sides. It is stated that the design components of the $ 20 gold coin could be in high relief. All 3 coins are essential to contain a designation of the face worth and the inscriptions “1865-2015”, “Liberty”, “In God We Trust”, “United States of America”, and “E Pluribus Unum”.

The final styles would be chosen by the Secretary of the Treasury following consultation with the Commission of Fine Arts and evaluation by the Citizens Coinage Advisory Committee.

The coins included in the plan could be issued during the calendar year beginning January 1, 2016. The sales cost of all coins will consist of a surcharge of $ 10 distributable to the Smithsonian National Museum of African American History and Culture to carry out the purposes of the museum.

Lastly, the bill calls for that the Secretary of the Treasury shall take such actions essential to make sure that the minting and issuance of the coins under this plan does not outcome in any net price to the United States Government.

Coin Update» US Coins


Print Friendly, PDF & Email

Leave a Reply

Your email address will not be published. Required fields are marked *