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Code · STATUTE-COMPILATIONS · Circulating Collectible Coin Redesign Act of 2020 · Sec. 5

Sec. 5. SILVER BULLION COINS

331 words·~2 min read·/statute-compilations/comps-16351/sec-5

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## SEC. 5 SILVER BULLION COINS Section 5112 of title 31, United States Code, is amended by replacing subsection
(u)with the following revised subsection: > > ### “(u) Silver Bullion Investment Product > > > #### “(1) In general > > The Secretary is authorized to strike and make available for sale such number of bullion coins as the Secretary determines to be appropriate that feature the designs of the quarter dollars and half dollars issued under subsections (x), (y), and (z), that— > > > ##### “(A) > > have a diameter of 3.0 inches and weigh 5.0 ounces; > > > ##### “(B) > > contain .999 fine silver; > > > ##### “(C) > > have incused into the edge the fineness and weight of the bullion coin; and > > > ##### “(D) > > bear an inscription of the denomination of such coins, such denominations to be determined by the Secretary as the Secretary determines to be appropriate. > > > #### “(2) Fractionals > > The Secretary is authorized to mint and issue so-called ‘fractional’ silver bullion coins bearing the designs of the quarter dollars and half dollars issued under subsections (x), (y), and
(z)in sizes, weights, fineness, and denominations, and with inscriptions, that the Secretary determines to be appropriate. > > > #### “(3) Availability for sale > > Should the Secretary exercise the Secretary’s discretion to strike bullion coins under this subsection, the bullion coins minted under paragraph
(1)shall become available for sale no sooner than the first day of the calendar year in which the corresponding circulating quarter dollar or half dollar is issued. > > > #### “(4) Continuity > > Until the conclusion of the quarter dollar program authorized under subsection (t), the Secretary shall strike and make available for sale such number of bullion coins as the Secretary determines to be appropriate that are likenesses of the quarter dollars issued under subsection (t). ” > .
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