Coins, Jewelry & More by OK Ranch: National Park Service Centennial

In keeping with recent practice, the United States Mint will issue two commemorative coin series in 2016.

Six coins will be released to commemorate the 100th anniversary of the National Park Service:

Two $5 gold coins: one in proof and one in uncirculated finish to a maximum of 100,000 coins across all options.
Two $1 silver coins: one in proof and one in uncirculated finish to a maximum of 500,000 coins across all options.
Two half-dollar cupronickel clad coins: one in proof and on in uncirculated finish to a maximum of 750,000 coins across all options.

Four coins will be released to commemorate the life and legacy of Mark Twain:

Two $5 gold coins: one in proof and one in uncirculated finish to a maximum of 100,000 coins across all options.
Two $1 silver coins: one in proof and one in uncirculated finish to a maximum of 350,000 coins across all options.

In addition to these two series, the Mint recently announced another series of gold coins to commemorate the 100th anniversary of three “Liberty” designs introduced in 1916: the Winged Liberty Head Dime (aka, “Mercury Dime”), the Standing Liberty Quarter, and the Walking Liberty Half Dollar coins. We covered these coins in an earlier post.

For those interested in more details, language from the authorizing legislation for the NPS and Mark Twain coins appears below:

NPS Commemorative

SEC. 3055. COIN TO COMMEMORATE 100TH ANNIVERSARY OF THE NATIONAL PARK SERVICE.

(a) COIN SPECIFICATIONS.—

(1) DENOMINATIONS.—The Secretary of the Treasury (in

this section referred to as the ‘‘Secretary’’) shall mint and issue the following coins:

(A) $5 GOLD COINS.—Not more than 100,000 $5 coins, which shall—

(i) weigh 8.359 grams;

(ii) have a diameter of 0.850 inches; and

(iii) contain 90 percent gold and 10 percent alloy.

(B) $1 SILVER COINS.—Not more than 500,000 $1 coins, which shall—

(i) weigh 26.73 grams;

(ii) have a diameter of 1.500 inches; and

(iii) contain 90 percent silver and 10 percent

copper.

(i) weigh 11.34 grams;

(ii) have a diameter of 1.205 inches; and

(iii) be minted to the specifications for half dollar

coins, contained in section 5112(b) of title 31, United

States Code.

(2) LEGAL TENDER.—The coins minted under this section

shall be legal tender, as provided in section 5103 of title 31, United States Code.

H. R. 3979—518

(3) NUMISMATIC ITEMS.—For purposes of sections 5134 and 5136 of title 31, United States Code, all coins minted under this section shall be considered to be numismatic items.

(b) DESIGN OF COINS.—

(1) DESIGN REQUIREMENTS.—

(A) IN GENERAL.—The design of the coins minted under

this section shall be emblematic of the 100th anniversary of the National Park Service.

(B) DESIGNATION AND INSCRIPTIONS.—On each coin minted under this section there shall be—

(i) a designation of the face value of the coin; (ii) an inscription of the year ‘‘2016’’; and

(iii) inscriptions of the words ‘‘Liberty’’, ‘‘In God

We Trust’’, ‘‘United States of America’’, and ‘‘E Pluribus

Unum’’.

(2) SELECTION.—The design for the coins minted under

this section shall be—

(A) selected by the Secretary after consultation with—

(i) the National Park Service;

(ii) the National Park Foundation; and (iii) the Commission of Fine Arts; and

(B) reviewed by the Citizens Coinage Advisory Committee.

(1) QUALITY OF COINS.—Coins minted under this section

shall be issued in uncirculated and proof qualities.

(2) PERIOD FOR ISSUANCE.—The Secretary may issue coins minted under this section only during the period beginning

on January 1, 2016, and ending on December 31, 2016. (d) SALE OF COINS.—

(1) SALE PRICE.—The coins issued under this section shall be sold by the Secretary at a price equal to the sum of—

(A) the face value of the coins;

(B) the surcharge provided in subsection (e)(1) with respect to the coins; and

(C) the cost of designing and issuing the coins (including labor, materials, dies, use of machinery, over- head expenses, marketing, and shipping).

(2) BULK SALES.—The Secretary shall make bulk sales of

the coins issued under this section at a reasonable discount. (3) PREPAID ORDERS.—

(A) IN GENERAL.—The Secretary shall accept prepaid orders for the coins minted under this section before the issuance of such coins.

(B) DISCOUNT.—Sale prices with respect to prepaid orders under subparagraph (A) shall be at a reasonable discount.

(e) SURCHARGES.—

(1) IN GENERAL.—All sales of coins minted under this sec-

tion shall include a surcharge as follows:

(A) A surcharge of $35 per coin for the $5 coin.

(B) A surcharge of $10 per coin for the $1 coin.

coin.

(2) DISTRIBUTION.—

(A) IN GENERAL.—Subject to section 5134(f) of title 31, United States Code, all surcharges which are received

H. R. 3979—519

by the Secretary from the sale of coins issued under this section shall be promptly paid by the Secretary to the National Park Foundation for projects and programs that help preserve and protect resources under the stewardship of the National Park Service and promote public enjoyment and appreciation of those resources.

(B) PROHIBITION ON LAND ACQUISITION.—Surcharges paid to the National Park Foundation pursuant to subpara- graph (A) may not be used for land acquisition.

(3) AUDITS.—The National Park Foundation shall be subject

to the audit requirements of section 5134(f)(2) of title 31, United States Code, with regard to the amounts received by the Foundation under paragraph (2).

(4) LIMITATIONS.—Notwithstanding paragraph (1), no sur- charge may be included with respect to the issuance under this section of any coin during a calendar year if, as of the time of such issuance, the issuance of such coin would result in the number of commemorative coin programs issued during such year to exceed the annual 2 commemorative coin program issuance limitation under section 5112(m)(1) of title 31, United States Code (as in effect on the date of the enactment of this Act). The Secretary of the Treasury may issue guidance to carry out this paragraph.

(f) FINANCIAL ASSURANCES.—The Secretary shall take such

actions as may be necessary to ensure that—

(1) minting and issuing coins under this section will not

result in any net cost to the United States Government; and (2) no funds, including applicable surcharges, shall be dis- bursed to any recipient designated in subsection (e) until the total cost of designing and issuing all of the coins authorized by this section (including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping) is recovered by the United States Treasury, consistent with sec-

tions 5112(m) and 5134(f) of title 31, United States Code.

(g) BUDGET COMPLIANCE.—The budgetary effects of this section, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this section, submitted for printing in the Congressional Record by the Chairman of the Committee on the Budget of the House of Representatives, provided that such statement has been submitted prior to the vote on passage.

Mark Twain Commemorative

31 USC 5112 note.

SEC. 3. COIN SPECIFICATIONS.

(a) DENOMINATIONS.—The Secretary of the Treasury (hereafter in this Act referred to as the ‘‘Secretary’’) shall mint and issue the following coins:

(1) $5 GOLD COINS.—Not more than 100,000 $5 coins, which shall—

(A) weigh 8.359 grams;

(B) have a diameter of 0.850 inches; and

(2) $1 SILVER COINS.—Not more than 350,000 $1 coins, which shall—

(A) weigh 26.73 grams;

(B) have a diameter of 1.500 inches; and

(b) LEGAL TENDER.—The coins minted under this Act shall be legal tender, as provided in section 5103 of title 31, United States Code.

(c) NUMISMATIC ITEMS.—For purposes of section 5134 of title 31, United States Code, all coins minted under this Act shall be considered to be numismatic items.

SEC. 4. DESIGN OF COINS.

(a) DESIGN REQUIREMENTS.—

(1) IN GENERAL.—The design of the coins minted under

this Act shall be emblematic of the life and legacy of Mark Twain.

(2) DESIGNATION AND INSCRIPTIONS.—On each coin minted under this Act there shall be—

(A) a designation of the value of the coin;

(B) an inscription of the year ‘‘2016’’; and

Trust’’, ‘‘United States of America’’, and ‘‘E Pluribus

Unum’’.

(b) SELECTION.—The design for the coins minted under this

Act shall be—

(1) selected by the Secretary after consultation with the

Commission of Fine Arts and the Board of the Mark Twain House and Museum; and

(2) reviewed by the Citizens Coinage Advisory Committee.

SEC. 5. ISSUANCE OF COINS.

(a) QUALITY OF COINS.—Coins minted under this Act shall be issued in uncirculated and proof qualities.

(b) MINT FACILITY.—Only 1 facility of the United States Mint may be used to strike any particular quality of the coins minted under this Act.

(c) PERIOD FOR ISSUANCE.—The Secretary may issue coins minted under this Act only during the 1-year period beginning on January 1, 2016.

SEC. 6. SALE OF COINS.

(a) SALE PRICE.—The coins issued under this Act shall be sold by the Secretary at a price equal to the sum of—

(1) the face value of the coins;

(2) the surcharge provided in section 7(a) with respect to such coins; and

31 USC 5112 note.

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VerDate Mar 15 2010

06:07 Dec 07, 2012 Jkt 029139 PO 00201 Frm 00003 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL201.112 PUBL201

PUBLIC LAW 112–201—DEC. 4, 2012 126 STAT. 1481

(3) the cost of designing and issuing the coins (including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping).

(b) BULK SALES.—The Secretary shall make bulk sales of the

coins issued under this Act at a reasonable discount. (c) PREPAID ORDERS.—

(1) IN GENERAL.—The Secretary shall accept prepaid orders for the coins minted under this Act before the issuance of such coins.

(2) DISCOUNT.—Sale prices with respect to prepaid orders under paragraph (1) shall be at a reasonable discount.

SEC. 7. SURCHARGES.

(a) IN GENERAL.—All sales of coins issued under this Act shall include a surcharge of—

(1) $35 per coin for the $5 coin; and

(2) $10 per coin for the $1 coin.

(b) DISTRIBUTION.—Subject to section 5134(f)(1) of title 31,

United States Code, all surcharges received by the Secretary from the sale of coins issued under this Act shall be promptly paid by the Secretary as follows:

(1) One-quarter of the surcharges, to the Mark Twain House & Museum in Hartford, Connecticut, to support the continued restoration of the Mark Twain house and grounds, and ensure continuing growth and innovation in museum programming to research, promote and educate on the legacy of Mark Twain.

(2) One-quarter of the surcharges, to the University of California, Berkeley, California, for the benefit of the Mark Twain Project at the Bancroft Library to support programs to study and promote the legacy of Mark Twain.

(3) One-quarter of the surcharges, to Elmira College, New York, to be used for research and education purposes.

(4) One-quarter of the surcharges, to the Mark Twain Boy- hood Home and Museum in Hannibal, Missouri, to preserve historical sites related to Mark Twain and help support pro- grams to study and promote his legacy.

shall have the right to examine such books, records, documents, and other data of each of the organizations referred to in paragraphs (1), (2), (3), and (4) of subsection (b) as may be related to the expenditures of amounts paid under such subsection.

(d) LIMITATION.—Notwithstanding subsection (a), no surcharge may be included with respect to the issuance under this Act of any coin during a calendar year if, as of the time of such issuance, the issuance of such coin would result in the number of commemora- tive coin programs issued during such year to exceed the annual 2 commemorative coin program issuance limitation under section 5112(m)(1) of title 31, United States Code (as in effect on the date of the enactment of this Act). The Secretary of the Treasury may issue guidance to carry out this subsection.

SEC. 8. NO NET COST.

The Secretary shall take such actions as may be necessary to ensure that—

(1) minting and issuing coins under this Act will not result in any net cost to the United States Government; and

31 USC 5112 note.

dkrause on DSKHT7XVN1PROD with PUBLIC LAWS

126 STAT. 1482

PUBLIC LAW 112–201—DEC. 4, 2012

(2) no funds, including applicable surcharges, are disbursed to any recipient designated in section 7 until the total cost of designing and issuing all of the coins authorized by this Act (including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping) is recovered by the United States Treasury, consistent with sections 5112(m) and 5134(f) of title 31, United States Code.

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Thursday, November 12, 2015

U. S. Mint Commemorative Coins for 2016 Honor National Park Service Centennial & Mark Twain