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<p>[QUOTE="John Burgess, post: 6457947, member: 105098"]I didn't mean they can't do it at all, of course they could with an act of congress. that hasn't happened, and nothing drastic has changed in a long time. until they change the law of modify the act, they are however limited by the constrains of the act.</p><p><br /></p><p><a href="https://www.coinworld.com/news/us-coins/bills-in-congress-seek-200-dollar-limit-first-responder-coins" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.coinworld.com/news/us-coins/bills-in-congress-seek-200-dollar-limit-first-responder-coins" rel="nofollow">https://www.coinworld.com/news/us-coins/bills-in-congress-seek-200-dollar-limit-first-responder-coins</a></p><p><br /></p><p>United States Code Title 31, Sect. 5112 is where they stick all this coin garbage.</p><p><a href="https://www.law.cornell.edu/uscode/text/31/5112" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.law.cornell.edu/uscode/text/31/5112" rel="nofollow">https://www.law.cornell.edu/uscode/text/31/5112</a></p><p><br /></p><p>as far as platinum goes, it just reads "</p><p>(k) "The Secretary may mint and issue platinum bullion coins and proof platinum coins in accordance with such specifications, designs, varieties, quantities, denominations, and inscriptions as the Secretary, in the Secretary’s discretion, may prescribe from time to time."</p><p><br /></p><p>As far as platinum, it's left up to the secretary of the treasury. My guess is Mike Lee (Utah) is looking to tighten up the amount of freedom with platinum that the Secretary of Treasury has. it's a new introduction earlier this month,, Cancel the Coin Act, S. 185. all others are limited on denomination, not so with platinum.</p><p><br /></p><p>I'm not saying anyone has done it, or has the votes to do it, I am saying the loop hole is there to do it. and there's been "what about if we's" to use it that never came to fruition, and now an effort to tighten it up just in case someone ever did use it.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 6457947, member: 105098"]I didn't mean they can't do it at all, of course they could with an act of congress. that hasn't happened, and nothing drastic has changed in a long time. until they change the law of modify the act, they are however limited by the constrains of the act. [URL]https://www.coinworld.com/news/us-coins/bills-in-congress-seek-200-dollar-limit-first-responder-coins[/URL] United States Code Title 31, Sect. 5112 is where they stick all this coin garbage. [URL]https://www.law.cornell.edu/uscode/text/31/5112[/URL] as far as platinum goes, it just reads " (k) "The Secretary may mint and issue platinum bullion coins and proof platinum coins in accordance with such specifications, designs, varieties, quantities, denominations, and inscriptions as the Secretary, in the Secretary’s discretion, may prescribe from time to time." As far as platinum, it's left up to the secretary of the treasury. My guess is Mike Lee (Utah) is looking to tighten up the amount of freedom with platinum that the Secretary of Treasury has. it's a new introduction earlier this month,, Cancel the Coin Act, S. 185. all others are limited on denomination, not so with platinum. I'm not saying anyone has done it, or has the votes to do it, I am saying the loop hole is there to do it. and there's been "what about if we's" to use it that never came to fruition, and now an effort to tighten it up just in case someone ever did use it.[/QUOTE]
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