Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The Big Franklin Shortage of 06'
>
Reply to Thread
Message:
<p>[QUOTE="glaciermi, post: 84064, member: 4097"]after reading this.. I can't vent much more enthusiasm than a <shrug>, although I HEART TEDDY.</p><p><br /></p><p>What is the Theodore Roosevelt Commemorative Coin Act?</p><p><br /></p><p>Introduced by Rep. Peter T. King of New York, HR 389 requires the Secretary of the Treasury to mint coins to commemorate the 2006 centenary of the bestowal of the Nobel Peace Prize on President Theodore Roosevelt. The bill instructs the Secretary to issue up to one million $1 coins with the image of Theodore Roosevelt. Funds raised through a $10 surcharge on the coins will be earmarked for the development of educational programs and structures, including a visitors center, at the Sagamore Hill National Historic Site.</p><p><br /></p><p>Note that HR 389 is "revenue neutral." The measure will cost the Federal government nothing, all costs of production being included in the price the public pays for the coins. Note also that Federal law requires funds from commemorative coin bills be matched by privately secured funds raised by the group receiving the surcharges, in this case the TRA. All told, between the surcharges and anticipated fundraising for the match, there is a chance here to raise as much as $20 million.[/QUOTE]</p><p><br /></p>
[QUOTE="glaciermi, post: 84064, member: 4097"]after reading this.. I can't vent much more enthusiasm than a <shrug>, although I HEART TEDDY. What is the Theodore Roosevelt Commemorative Coin Act? Introduced by Rep. Peter T. King of New York, HR 389 requires the Secretary of the Treasury to mint coins to commemorate the 2006 centenary of the bestowal of the Nobel Peace Prize on President Theodore Roosevelt. The bill instructs the Secretary to issue up to one million $1 coins with the image of Theodore Roosevelt. Funds raised through a $10 surcharge on the coins will be earmarked for the development of educational programs and structures, including a visitors center, at the Sagamore Hill National Historic Site. Note that HR 389 is "revenue neutral." The measure will cost the Federal government nothing, all costs of production being included in the price the public pays for the coins. Note also that Federal law requires funds from commemorative coin bills be matched by privately secured funds raised by the group receiving the surcharges, in this case the TRA. All told, between the surcharges and anticipated fundraising for the match, there is a chance here to raise as much as $20 million.[/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
>
The Big Franklin Shortage of 06'
>
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...