Medal of Honor Commemorative Coin Act Passes Congress
October 23, 2009 by Darrin Lee Unser
Legislation known as the Medal of Honor Commemorative Coin Act of 2009, H.R. 1209, has been approved by Congress and will move quickly -- within weeks -- for an expected signature from President Obama, which will make it law.
The U.S. Senate passed the bill by unanimous consent on Thursday, October 22, 2009. The legislation was introduced by Rep. Christopher Carney, and passed in the The U.S. House of Representatives back on May 14, 2009.
Carney is one of two members of the House that are currently actively serving in the armed forces.
"As a Commander-Select in the United States Navy Reserve, I am committed to honoring our brave men and women in the armed forces," Congressman Carney stated when introducing the bill.
"We owe everything to those who wore the uniform and committed extraordinary acts of bravery in defense of their colleagues and nation. The Medal of Honor is the highest award that an individual serving in the armed forces can receive.
This bill will not only recognize the outstanding achievements of these men and women, but the proceeds from the sale of the coins will go to educate people about the significance and exclusivity of the award."
The Act authorizes the US Mint to strike up to 500,000 $1 silver coins and 100,000 $5 gold coins that will include motifs that represent the 3 Medal of Honor designs (Army, Navy, and Air Force) as well as be a tribute to the Medal of Honor recipients. The legislation requires they be "emblematic of the traditions, legacy, and heritage of the Medal of Honor, and the distinguished service of its recipients in the Nation’s history."
First authorized by Congress in 1861, the Medal of Honor is the highest military decoration awarded by the United States government. It is presented by the President in the name of Congress to members of the armed forces who have distinguished themselves above and beyond the call of duty, usually putting their life in jeopardy by doing so.
A $10 surcharge is to be added to the sale of each coin that will be forwarded to the Congressional Medal of Honor Foundation to help continue its programs.
Slated to be struck in 2011, the silver coins will contain 90% silver and 10% copper. Each will have a diameter of 1.5 inches and weigh 26.73 grams.
The coin bill is the second to pass in the Senate this week, following Tuesday's passage of Girl Scouts legislation which will introduce 350,000 silver coins in 2013.
Related Silver or Coin News:
- Medal of Honor Silver and Gold Coins in 2011 Legislation authorizing the US Mint to strike up to 500,000 $1 silver coins and 100,000 $5 gold coins was signed into law by President Obama on Friday, November 6, 2009. Known as the Medal of Honor Commemorative Coin Act, the coins will be struck in 2011 to mark the 150th anniversary since the [...]...
- Girl Scouts Commemorative Coin Act Cleared to Become Law Touted by itself as the preeminent organization dedicated solely to girls, the Girl Scouts of the USA is about to get a commemorative coin issued in its honor if Congress gets its way. The Girl Scouts USA Centennial Commemorative Coin Act authorizing the $1 silver coins was passed last week by the U.S. House [...]...
- Girl Scouts Silver Commemorative Coins in 2013 The US Mint will issue up to 350,000 silver commemorative coins in 2013 thanks to the Girl Scouts USA Centennial Commemorative Coin Act, which President Obama signed into law on Oct. 29. The act, which was introduced as House Resolution 621 by Rep. Jack Kingston, enjoyed bipartisan support. A companion bill in the Senate, S. [...]...


Comments
Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!