Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
New Dollar Coin Update
>
Reply to Thread
Message:
<p>[QUOTE="National dealer, post: 10763, member: 487"]Here is the official bill introduced. Please read carefully. They are once again looking at a multi-million dollar advertising campaign. We all know how well that worked with the Sac dollar. </p><p><br /></p><p><br /></p><p>3/9/2004--Introduced. Presidential $1 Coin Act - Amends Federal monetary law to set forth requirements for the redesign and issuance of circulating $1 coins emblematic of each of the Presidents of the United States. Prohibits the inclusion of a President who has not completed such President's term of service. Instructs the Secretary of the Treasury to issue bullion coins that are emblematic of the spouse of each such President during the same period in which the $1 coins are issued. Expresses the sense of Congress that: (1) the American tradition of not issuing a coin with the image of a living person has served the country well and deserves to be continued as a general practice; (2) the full circulation potential and cost-savings benefit projections for the presidential $1 coin program are not likely to be achieved unless barriers to the circulation of such coins are removed; and (3) the presidential $1 coin program should not be introduced with an expensive taxpayer-funded public relations campaign, including the use of the taxpayer-funded United States Mint Public Enterprise Fund. Expresses the further sense of Congress that the Director of the U.S. Mint should: (1) work with consumer groups, media outlets, and schools to ensure an adequate amount of news coverage about the start of the coin program so consumers will know of the availability of the coins; and (2) work closely with merchants who will use the coins, vending machine and other coin acceptor manufacturers, vending machine operators, transit officials, and municipal parking officials, as well as with the Board of Governors of the Federal Reserve System and the various banking and business associations, to ensure that the infrastructure for the acceptance of such coins will be in place.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 10763, member: 487"]Here is the official bill introduced. Please read carefully. They are once again looking at a multi-million dollar advertising campaign. We all know how well that worked with the Sac dollar. 3/9/2004--Introduced. Presidential $1 Coin Act - Amends Federal monetary law to set forth requirements for the redesign and issuance of circulating $1 coins emblematic of each of the Presidents of the United States. Prohibits the inclusion of a President who has not completed such President's term of service. Instructs the Secretary of the Treasury to issue bullion coins that are emblematic of the spouse of each such President during the same period in which the $1 coins are issued. Expresses the sense of Congress that: (1) the American tradition of not issuing a coin with the image of a living person has served the country well and deserves to be continued as a general practice; (2) the full circulation potential and cost-savings benefit projections for the presidential $1 coin program are not likely to be achieved unless barriers to the circulation of such coins are removed; and (3) the presidential $1 coin program should not be introduced with an expensive taxpayer-funded public relations campaign, including the use of the taxpayer-funded United States Mint Public Enterprise Fund. Expresses the further sense of Congress that the Director of the U.S. Mint should: (1) work with consumer groups, media outlets, and schools to ensure an adequate amount of news coverage about the start of the coin program so consumers will know of the availability of the coins; and (2) work closely with merchants who will use the coins, vending machine and other coin acceptor manufacturers, vending machine operators, transit officials, and municipal parking officials, as well as with the Board of Governors of the Federal Reserve System and the various banking and business associations, to ensure that the infrastructure for the acceptance of such coins will be in place.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
New Dollar Coin Update
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...