Sec. 6. CIRCULATING COLLECTIBLE STANDARDS AND GENERAL PROVISIONS

524 words·~2 min read·/statute-compilations/comps-16351/sec-6

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 6 CIRCULATING COLLECTIBLE STANDARDS AND GENERAL PROVISIONS Section 5112 of title 31, United States Code, is amended by adding at the end the following new subsection: > > ### “(aa) Standards and General Provisions for Circulating Collectible Coins Under Subsections (x), (y), and

(z)> > > #### “(1) Prohibition on certain representations > > No head and shoulders portrait or bust of any person, living or dead, and no portrait of a living person may be included in the design on the reverse of any coin under subsections (x), (y), and (z). > > > #### “(2) Treatment as numismatic items > > For purposes of sections 5134 and 5136, all coins and medals minted under subsections (x), (y), and

(z)shall be considered to be numismatic items. > > > #### “(3) Issuance > > > ##### “(A) Quality of coins > > The Secretary may mint and issue such number of coins of each design selected under subsections (x), (y), and

(z)in uncirculated and proof qualities as the Secretary determines to be appropriate. > > > ##### “(B) Coordination > > The Board of Governors of the Federal Reserve System and the Secretary shall take steps to ensure that an adequate supply of coins produced under subsections (x), (y), and

(z)are available for commerce and collectors at such places and in such quantities as are appropriate. > > > ##### “(C) Number of each coin designs in each year > > Of the coins issued during each year of the period of issuance under subsections (x), (y), and (z), the Secretary shall prescribe, on the basis of such factors as the Secretary determines to be appropriate, the number of coins which shall be issued with each of the designs selected for such year. > > > ##### “(D) Special inscriptions or symbol across the coins > > The Secretary is encouraged to develop and include on any coin issued in accordance with subsections (x), (y), or (z), a unifying inscription, privy mark, or other symbol for that particular coin program. > > > #### “(4) Legal tender > > The coins minted under subsections (x), (y), and

(z)shall be legal tender, as provided in section 5103. > > > #### “(5) Marketing and educational campaign > > In an effort to advance the collecting of the coins and medals authorized under subsections (x), (y), and (z), and numismatics in general, the Secretary may develop and execute a marketing, advertising, promotional, and educational program to promote the collecting of the coins and medals authorized under subsections (x), (y), and (z). As part of this program, the Secretary is encouraged to seek out appropriate cooperative marketing opportunities, and to develop ancillary derivative products beyond traditional numismatic products such as sports, women, and youth oriented products appropriate to the particular coin and medal program. > > > #### “(6) Quality of medals > > It is the sense of Congress that the medals authorized under subsection

(z)be produced in high relief and, if feasible and cost effective, with surface treatments such as frosting and colorization. ” > .