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Abolishing the Cent: new developments
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<p>[QUOTE="justafarmer, post: 26509740, member: 3926"]Did I overlook something or does the legislation abolish the Silver Eagle?</p><p><br /></p><p>Sec. 5112. Denominations, specifications, and design of coins</p><p><br /></p><p> (a) The Secretary of the Treasury may mint and issue only the</p><p>following coins:</p><p> (1) a dollar coin that is 1.043 inches in diameter.</p><p> (2) a half dollar coin that is 1.205 inches in</p><p> diameter and weighs 11.34 grams.</p><p> (3) a quarter dollar coin that is 0.955 inch in</p><p> diameter and weighs 5.67 grams.</p><p> (4) a dime coin that is 0.705 inch in diameter and</p><p> weighs 2.268 grams.</p><p> (5) a 5-cent coin that is 0.835 inch in diameter and</p><p> [weighs 5 grams.] weighs--</p><p> (A) 5 grams, with respect to such coin that</p><p> is an alloy of copper and nickel; or</p><p> (B) between 4 and 6 grams, with respect to</p><p> such coin as described in subsection (c).</p><p> (6) [except as provided under subsection (c) of this</p><p> section,] a one-cent coin that is 0.75 inch in diameter</p><p> [and weighs 3.11 grams].</p><p> (7) A fifty dollar gold coin that is 32.7 millimeters</p><p> in diameter, weighs 33.931 grams, and contains one troy</p><p> ounce of fine gold.</p><p> (8) A twenty-five dollar gold coin that is 27.0</p><p> millimeters in diameter, weighs 16.966 grams, and</p><p> contains one-half troy ounce of fine gold.</p><p> (9) A ten dollar gold coin that is 22.0 millimeters</p><p> in diameter, weighs 8.483 grams, and contains one-</p><p> fourth troy ounce of fine gold.</p><p> (10) A five dollar gold coin that is 16.5 millimeters</p><p> in diameter, weighs 3.393 grams, and contains one-tenth</p><p> troy ounce of fine gold.</p><p> (11) A $50 gold coin that is of an appropriate size</p><p> and thickness, as determined by the Secretary, weighs 1</p><p> ounce, and contains 99.99 percent pure gold.</p><p> (12) A $25 coin of an appropriate size and thickness,</p><p> as determined by the Secretary, that weighs 1 troy</p><p> ounce and contains .9995 fine palladium.[/QUOTE]</p><p><br /></p>
[QUOTE="justafarmer, post: 26509740, member: 3926"]Did I overlook something or does the legislation abolish the Silver Eagle? Sec. 5112. Denominations, specifications, and design of coins (a) The Secretary of the Treasury may mint and issue only the following coins: (1) a dollar coin that is 1.043 inches in diameter. (2) a half dollar coin that is 1.205 inches in diameter and weighs 11.34 grams. (3) a quarter dollar coin that is 0.955 inch in diameter and weighs 5.67 grams. (4) a dime coin that is 0.705 inch in diameter and weighs 2.268 grams. (5) a 5-cent coin that is 0.835 inch in diameter and [weighs 5 grams.] weighs-- (A) 5 grams, with respect to such coin that is an alloy of copper and nickel; or (B) between 4 and 6 grams, with respect to such coin as described in subsection (c). (6) [except as provided under subsection (c) of this section,] a one-cent coin that is 0.75 inch in diameter [and weighs 3.11 grams]. (7) A fifty dollar gold coin that is 32.7 millimeters in diameter, weighs 33.931 grams, and contains one troy ounce of fine gold. (8) A twenty-five dollar gold coin that is 27.0 millimeters in diameter, weighs 16.966 grams, and contains one-half troy ounce of fine gold. (9) A ten dollar gold coin that is 22.0 millimeters in diameter, weighs 8.483 grams, and contains one- fourth troy ounce of fine gold. (10) A five dollar gold coin that is 16.5 millimeters in diameter, weighs 3.393 grams, and contains one-tenth troy ounce of fine gold. (11) A $50 gold coin that is of an appropriate size and thickness, as determined by the Secretary, weighs 1 ounce, and contains 99.99 percent pure gold. (12) A $25 coin of an appropriate size and thickness, as determined by the Secretary, that weighs 1 troy ounce and contains .9995 fine palladium.[/QUOTE]
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Abolishing the Cent: new developments
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