Category Archives: Coin Legislation

2021 Morgan Silver Dollar, Peace Dollar Closer to Being Minted

By Bullion Shark LLC …… There is some very good news for collectors of U.S. coins who have been excited about the idea of the United States Mint striking 2021-dated Morgan and Peace Silver Dollars for several years now. On September 22, the House of Representatives passed H.R. 6192, the 1921 Silver Dollar Coin Anniversary […]

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Citizens Coinage Advisory Committee meets by teleconference September 22, 2020, and September 23, 2020

The following comes from an e-mail sent to the numismatic press
The Citizens Coinage Advisory Committee (CCAC) will hold a public meeting by teleconference from 11:00 am to 12:30 pm (EDT) on Tuesday, September 22, 2020, and from 9:00 am to 4:30 pm (EDT) on Wednesday, September 23.
Agenda (subject to change):

Review and discussion of obverse and reverse candidate designs for the U

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Citizens Coinage Advisory Committee meets by teleconference September 22, 2020, and September 23, 2020

The following comes from an e-mail sent to the numismatic press
The Citizens Coinage Advisory Committee (CCAC) will hold a public meeting by teleconference from 11:00 am to 12:30 pm (EDT) on Tuesday, September 22, 2020, and from 9:00 am to 4:30 pm (EDT) on Wednesday, September 23.
Agenda (subject to change):

Review and discussion of obverse and reverse candidate designs for the U

Continue reading on Coin Update News

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CCAC recommends new reverse designs for 2021 gold and silver bullion coins

Background photo by AgnosticPreachersKid.
The Citizens Coinage Advisory Committee convened by telephone in administrative and public meetings on Tuesday, June 23, 2020

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CCAC recommends new reverse designs for 2021 gold and silver bullion coins

Background photo by AgnosticPreachersKid.
The Citizens Coinage Advisory Committee convened by telephone in administrative and public meetings on Tuesday, June 23, 2020

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Citizens Coinage Advisory Committee meets by teleconference June 23

The Citizens Coinage Advisory Committee (CCAC) will hold a public meeting by teleconference on Tuesday, June 23, 2020, from 9:00 a.m

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Uram continuing as Chairman and Tucker as Numismatic Specialist on the Citizens Coinage Advisory Committee

CCAC members Tom Uram and Dennis Tucker with General Tony Taguba (middle) and the design of the Filipino Veterans of World War II Congressional Gold Medal, June 2017. (Photo by Richard Jewell)

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Uram Continuing as Chairman and Tucker as Numismatic Specialist on the Citizens Coinage Advisory Committee

CCAC members Tom Uram and Dennis Tucker with General Tony Taguba (middle) and the design of the Filipino Veterans of World War II Congressional Gold Medal, June 2017. (Photo by Richard Jewell)

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Thomas Uram and Dennis Tucker renominated on the Citizens Coinage Advisory Committee

CCAC members Tom Uram and Dennis Tucker with General Tony Taguba (middle) and the design of the Filipino Veterans of World War II Congressional Gold Medal, June 2017. (Photo by Richard Jewell)

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United States Mint announces design for 2020 Women’s Suffrage Centennial silver medal

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Washington — The United States Mint (Mint) officially announces the design for the 2020 Women’s Suffrage Centennial silver medal

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United States Mint announces design for 2020 Women’s Suffrage Centennial silver medal

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Washington — The United States Mint (Mint) officially announces the design for the 2020 Women’s Suffrage Centennial silver medal

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Support the 1921 Silver Dollar Coin Anniversary Act

The Pennsylvania Association of Numismatists (PAN) and PAN President Thomas Uram are appealing to collectors to support new coinage legislation, House Bill H.R. 6192, directing the United States Treasury to produce 2021 Morgan and Peace dollars recognizing the significant silver dollar coinage change that occurred in 1921. The Morgan silver dollar that represented the nation’s […]

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A Coin Analyst Exclusive: Morgan and Peace Silver Dollars Proposed as Ongoing Program

  By Louis Golino for CoinWeek ….. On March 11, U.S. Representative Garland “Andy” Barr (R-KY6) introduced H.R. 6192 – a bill which proposes the issuance of a silver dollar program starting in 2021 that would honor the centennial of the transition in 1921 from Morgan to Peace dollars. Rep. Mark Amodei (R-NV2), whose district […]

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Bullion and coin sales-tax exemption successfully defended again in Maryland

Repeal attempt fails in committee after opposition by Whitman Expos, ICTA, Visit Baltimore
The Maryland House of Delegates’ Ways and Means Committee stopped a proposed repeal to the state sales tax exemption for certain coin and bullion sales on Wednesday, March 11, 2020. The committee’s Unfavorable Report on House Bill (HB) 1284 came after opposition from Whitman Coin & Collectibles Expo, the Industry Council for Tangible Assets, and Visit Baltimore

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March 10, 2020, CCAC meeting: Barbara Bush Gold Coin and Bronze Medal Program

Image by Florian Hirzinger under the Creative Commons Attribution-Share Alike 3.0 Unported license

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Update: Citizens Coinage Advisory Committee to meet by teleconference March 10-11

In accordance with recommended precautions regarding the coronavirus, the Citizens Coinage Advisory Committee (CCAC) will now hold a two-day public meeting by teleconference on March 10-11, 2020.
The March 10th session will run from 1:00 p

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Citizens Coinage Advisory Committee meets March 10-11

The Citizens Coinage Advisory Committee (CCAC) will hold a two-day public meeting on March 10-11, 2020, at the United States Mint Headquarters, 801 9th St. NW, Second Floor Conference Room, Washington, D

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Dean Schmidt receives service award for Kansas bill efforts

Industry Council for Tangible Assets dealer-member Dean Schmidt (Dean Schmidt Rare Coins, Atchison, Kansas) was honored during the ICTA dinner and update at Tony Roma’s in Orlando, Florida, on January 8 as the recipient of the 2019 Diane Piret Memorial Outstanding Service Award for his efforts to see Kansas House Bill 2140 passed. The bill provides a sales-tax exemption on sales of gold and silver coins and on all gold, silver, platinum, and palladium bullion

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The STS-51L Crew

U.S. Mint plans to honor astronaut and teacher, Christa McAuliffe, with new silver dollar

The STS-51L crewmembers are: in the back row from left to right: Mission Specialist, Ellison S. Onizuka, Teacher in Space Participant Sharon Christa McAuliffe, Payload Specialist, Greg Jarvis and Mission Specialist, Judy Resnik

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The STS-51L Crew

U.S. Mint plans to honor astronaut and teacher, Christa McAuliffe, with new silver dollar

The STS-51L crewmembers are: in the back row from left to right: Mission Specialist, Ellison S. Onizuka, Teacher in Space Participant Sharon Christa McAuliffe, Payload Specialist, Greg Jarvis and Mission Specialist, Judy Resnik

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September 18, 2019, CCAC meeting: Chinese American Veterans of World War II Congressional Gold Medal

On Wednesday, September 18, at 9:30 a.m

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National Purple Heart Hall of Honor Commemorative Coin Act Passes House, Moves to Senate

By the Office of U.S. Representative Sean Patrick Maloney …… On Thursday, September 19, United States Representative Sean Patrick Maloney’s (D-NY18) bipartisan bill, the National Purple Heart Hall of Honor Commemorative Coin Act passed unanimously in the House, with the support of 307 cosponsors. The bill honors the National Purple Heart Hall of Honor and […]

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Veteran U.S. Mint official Jon Cameron joins NGC program of hand-signed labels

Jon J. Cameron’s 41 years of civil service also included time as an executive with the Bureau of Engraving and Printing and the Federal Reserve System

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Veteran U.S. Mint official Jon Cameron joins NGC program of hand-signed labels

Jon J. Cameron’s 41 years of civil service also included time as an executive with the Bureau of Engraving and Printing and the Federal Reserve System

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Naismith Basketball Hall of Fame plans year-long promotion of 2020 basketball commemorative coins

Next year coin collectors will have the opportunity to add a third dome-shaped U.S

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Naismith Basketball Hall of Fame plans year-long promotion of 2020 basketball commemorative coins

Next year coin collectors will have the opportunity to add a third dome-shaped U.S

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United Kingdom: Plans to mint “Brexit” coin revisited in time for departure date

It has been reported that plans to mint a commemorative coin to mark the departure of the United Kingdom from the European Union have gained traction once again as Britain’s Finance Minister is understood to have scheduled production for the coins.
Mainstream media in the UK has published information that British chancellor Sajid Javid has asked officials to look into whether it would be possible to produce the circulation-quality 50-pence coins in volume that could be ready for the UK’s scheduled EU departure date on the 31st October

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Legislation authorizing 2021 Morgan and Peace silver dollars to benefit American Numismatic Association

Collectors Urged to Contact Congressional Representatives for Support
Coin collectors soon could purchase a 2021-CC Morgan silver dollar and simultaneously support the American Numismatic Association (ANA).
Legislation was introduced on July 15 (House Bill 3757) to authorize production of 2021 Morgan and Peace silver dollars to mark the transition in 1921 from the Morgan to the Peace designs

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Ohio budget kills sales-tax exemption

ICTA member Dave Miholer (Executive Coin Company, Stow, Ohio) brought to our attention in May that the Ohio 2020–2021 budget eliminated the sales-tax exemption on the purchases of investment metal bullion and investment coins. The budget plan also directs the state to begin collecting sales taxes on interstate purchases, due to the requirements of South Dakota vs

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United States Mint selects 27 artists for Artistic Infusion Program

Washington — On July 17, the United States Mint announced that 27 artists have been selected to participate in its Artistic Infusion Program (AIP) to enrich and enhance designs on U.S

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Thomas Uram’s numismatic journey: From young Lincoln cent collector to the “Super Bowl of numismatics”

Thomas Uram began collecting coins in 1971 and joined the ANA as a junior member in 1974. In addition to having been a collector for almost a half-century and an award-winning exhibitor and certified award judge at many coin shows, Tom is a key leader within the numismatic community involved in several of the leading organizations

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Thomas Uram’s numismatic journey: From young Lincoln cent collector to the “Super Bowl of numismatics”

Thomas Uram began collecting coins in 1971 and joined the ANA as a junior member in 1974. In addition to having been a collector for almost a half-century and an award-winning exhibitor and certified award judge at many coin shows, Tom is a key leader within the numismatic community involved in several of the leading organizations

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United States Mint selects 27 artists for Artistic Infusion Program

Washington — On July 17, the United States Mint announced that 27 artists have been selected to participate in its Artistic Infusion Program (AIP) to enrich and enhance designs on U.S

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Ohio budget kills sales-tax exemption

ICTA member Dave Miholer (Executive Coin Company, Stow, Ohio) brought to our attention in May that the Ohio 2020–2021 budget eliminated the sales-tax exemption on the purchases of investment metal bullion and investment coins. The budget plan also directs the state to begin collecting sales taxes on interstate purchases, due to the requirements of South Dakota vs

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Kansas governor signs bill providing sales-tax exemption

On Thursday, May 16, 2019, Kansas governor Laura Kelly signed into law House Bill 2140, which provides a sales-tax exemption on sales of gold and silver coins and on all gold, silver, platinum, and palladium bullion.
“The outcome is not everything we started with in the original bill, but certainly better than where we were,” said Dean Schmidt (Dean Schmidt Rare Coins)

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Mayflower Quadricentenary Numismatic Program: Does it matter that it is not a congressionally mandated commemorative?

In 2020, the U.S

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Modern Coin News – U.S. Bill Proposes Women’s History Quarter Program

By CoinWeek News Staff …. On March 27, 2019, Representative Barbara Lee (D-CA13) introduced a bill to authorize the Treasury Department to strike a new multi-year quarter series of changing reverses honoring women’s history and the 19th Amendment to the U.S. Constitution, which guaranteed a woman’s right to vote in 1920. The new program would […]

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United Kingdom: Delay of proposed “Brexit” coin announced by HM Treasury

It was confirmed by Her Majesty’s Treasury on the 18th March that commemorative coins meant to mark the day that the United Kingdom would officially leave the European Union will be delayed, in terms of their production and release. On the 29th October of last year, the treasury announced there would be commemorative 50-pence coins released for the historic occasion

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Bush Presidential Dollar, First Spouse Gold Coins and More Coming in 2019

2019 will be the first year in which both commemorative programs from the U.S. Mint are curved By CoinWeek News Staff …. On Tuesday, December 11, United States Representative Bruce Poliquin (R-ME2) introduced a bill (H.R. 7257) to the House of Representatives that would authorize the production in 2019 of new Presidential $1 coins honoring […]

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Treasury Secretary Mnuchin appoints Thomas J. Uram to succeed Mary N. Lannin as CCAC chair

Thomas “Tom” J. Uram has recently been appointed by Secretary of the Treasury Steven Mnuchin to succeed Mary N

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CCAC November 14, 2018, meeting: American Veterans medal

The following is a list of artist submissions for the American Veterans medal that were reviewed at the November 14, 2018, Citizens Coinage Advisory Committee (CCAC) meeting today. Additionally, two new members were sworn into the CCAC: Robin Salmon and Samuel H

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2019 Apollo 11 coin designs take flight four years after program proposed

On October 11 at the National Air and Space Museum of the Smithsonian Institution in Washington, DC, the designs of the 2019 Apollo 11 50th anniversary commemorative coins were unveiled with considerable fanfare by the U.S

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2019 Apollo 11 coin designs take flight fours years after program proposed

On October 11 at the National Air and Space Museum of the Smithsonian Institution in Washington, DC, the designs of the 2019 Apollo 11 50th anniversary commemorative coins were unveiled with considerable fanfare by the U.S

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CCAC recommends a “Scene Within a Scene” for Weir Farm quarter

On Thursday, September 27, 2018, all 10 members of the Citizens Coinage Advisory Committee (CCAC) convened to review U.S

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Art, liberty, and innovation: The Citizens Coinage Advisory Committee makes recommendations

Eight members of the Treasury Department’s Citizens Coinage Advisory Committee met at U.S

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“Why did they do that?” — A look inside the Citizens Coinage Advisory Committee

On Thursday, August 16, 2018, the Citizens Coinage Advisory Committee (CCAC) gave a special two-hour presentation and panel discussion at the American Numismatic Association World’s Fair of Money in Philadelphia. The title of the “Money Talks” presentation was “‘Why Did They Do That?’—An In-Depth Discussion of the Interaction Between the CCAC, Congress, and the United States Mint

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CoinWeek IQ: Gold Bullion Coin Act of 1985

An Act to authorize the minting of gold bullion coins. Be it in enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SHORT TITLE Section 1. This Act may be cited as the “Gold Bullion Coin Act of 1985”. MINTING GOLD BULLION COINS Sec. 2.(a) Section 5112(a) […]

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ICTA celebrates 35 years of business

The Industry Council for Tangible Assets (ICTA) is incredibly proud to have turned 35 in July—but we’re even more proud of how we achieved it. ICTA is governed by a volunteer Board of Directors elected by the membership

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New $1 coin program Honors American innovation

Washington — The enactment of the American Innovation $1 Coin Act ushers in the latest numismatic coin program of the United States Mint. The Act calls for the minting and issuance of non-circulating American Innovation $1 coins for each state, the District of Columbia, and each U

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The CCAC unanimously rejects the reverse designs submitted for the 2018 American Innovation $1 coin

Today’s public meeting of the Citizens Coinage Advisory Committee (CCAC) centered on the design of a dollar coin proposed to be the first minted under the American Innovation $1 Coin Act. The program’s coins are scheduled to share a common Statue of Liberty design on the obverse

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Déjà vu all over again: American Innovation Dollar Coin Program

On July 10, legislation calling for the issuance of a new series of $1 coins that will honor American innovations and innovators was sent to President Trump to be signed into law, which he is expected to do.
The bill, H

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The Carson City Mint 150th Anniversary Commemorative Coin Act of 2018

Last month, Representative Mark Amodei (R-NV) introduced H.R

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Carson City Mint Commemorative Coin Program Legislation Introduced

  By CoinWeek News Staff …. Carson City Mint 150th Anniversary On June 26, 2018, U.S. Representative Mark Amodei (R-NV2) introduced a bill to Congress authorizing the United States Mint to produce commemorative coins honoring the 150th anniversary of the Carson City Mint. The Carson City Mint 150th Anniversary Commemorative Coin Act of 2018 (H.R. […]

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The CCAC and the 2020 and 2021 America the Beautiful quarters: Salt River Bay National Historical Park

Article 4 of 7
Previous: Weir Farm National Historic Site. Next: Marsh-Billings-Rockefeller National Historical Park

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The CCAC’s recommended designs for the 2020-2021 America the Beautiful quarters

The following is a list of the artist submissions for the 2020-2021 America the Beautiful quarter reverse designs that were reviewed at today’s Citizens Coinage Advisory Committee (CCAC) meeting. The designs cover the quarters commemorating Salt River Bay National Historical Park and Ecological Preserve, Marsh-Billings-Rockefeller National Historical Park, Weir Farm National Historic Site, the Tuskegee Airmen, the National Park of American Samoa, and the Tallgrass Prairie National Preserve

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The end of the trail: The CCAC and the 2020 and 2021 America the Beautiful quarters

Article 1 of 7
Monday, June 11, 2018, found me flying north from beautiful Atlanta, Georgia, to our nation’s bustling capital in Washington, D.C

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The CCAC and the 2020 and 2021 America the Beautiful quarters: National Park of America Samoa

Article 2 of 7
Previous: Introduction. Next: Weir Farm

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The CCAC and the 2020 and 2021 America the Beautiful quarters: National Park of America Samoa

Article 2 of 7
Previous: Introduction. Next: Weir Farm

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The end of the trail: The CCAC and the 2020 and 2021 America the Beautiful quarters

Article 1 of 7
Monday, June 11, 2018, found me flying north from beautiful Atlanta, Georgia, to our nation’s bustling capital in Washington, D.C

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The CCAC’s recommended designs for the 2020-2021 America the Beautiful quarters

The following is a list of the artist submissions for the 2020-2021 America the Beautiful quarter reverse designs that were reviewed at today’s Citizens Coinage Advisory Committee (CCAC) meeting. The designs cover the quarters commemorating Salt River Bay National Historical Park and Ecological Preserve, Marsh-Billings-Rockefeller National Historical Park, Weir Farm National Historic Site, the Tuskegee Airmen, the National Park of American Samoa, and the Tallgrass Prairie National Preserve

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What happened to Kennedy half dollars?

On March 20, 2018, the United States Mint began its sale of 2018 Kennedy half dollar product options which include a 200-coin bag (product code 18KA) and a two-roll set (product code 18KB). These product options possess either the “D” or “P” mint mark, given their mint of origin, and what the Mint calls a “circulating finish” — though they have never been in circulation, and are available only through the Mint’s numismatic sales

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Why we should stop minting pennies, or at least make them with cheaper materials

In 2017 alone, the United States Mint produced around 8.6 billion one-cent coins, or “pennies,” as they’re popularly known

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Modern US Coins – New Bill Puts Notable Women on Quarter Reverses

By CoinWeek News Staff …. On March 15, U.S. Representatives Barbara Lee (D-CA13) and Bruce Poliquin (R-ME2) introduced H.R. 5308 – the Women’s History and Nineteenth Amendment Centennial Quarter Dollar Coin Program Act – to Congress. The bill celebrates the 100th anniversary of the amendment that guarantees a woman’s right to vote by requiring the […]

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The CCAC’s recommended designs for the 2019 American Legion coins

The following are descriptions of the artist submissions which won the most votes from Citizens Coinage Advisory Committee (CCAC) members for the gold, silver, and clad versions (obverse and reverse) of the upcoming American Legion coins:
Gold Obverse
AL-G-O-03 commemorates the inception of the American Legion and its mission to serve America and its war veterans. The outer geometric rim design from the American Legion emblem, the Eiffel Tower, and V for victory represent the formation of the organization in Paris in 1919 at the end of World War I

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Modern US Coins – House Passes American Innovation $1 Coin Act

By CoinWeek News Staff ….   On Tuesday, January 16, the United States House of Representatives passed H.R. 770, the American Innovation $1 Coin Act. The bill would require the Treasury to “mint coins in recognition of American innovation & significant innovation and pioneering efforts of individuals or groups” from each state, territory and the […]

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Citizens Coinage Advisory Committee meets January 16 via teleconference

The Citizens Coinage Advisory Committee (CCAC) will hold a public meeting, from 3:00 to 4:30 p.m

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New Proposed US Commemorative Coins Honor National Law Enforcement Museum

By CoinWeek News Staff …. On December 21, 2017, United States Representative David Reichert (R-WA8) introduced a bill to Congress authorizing the United States Mint to produce commemorative coins honoring the National Law Enforcement Museum in Washington, DC. The National Law Enforcement Museum Commemorative Coin Act (H.R. 4732) provides for a maximum of 50,000 $5 […]

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Modern US Coins – Congress Proposes 400th Anniversary Mayflower Commemoratives

By CoinWeek News Staff …. On December 4, 2017, Junior Senator Edward “Ed” Markey (D-MA) introduced a bill (S. 2189) that authorizes the production of commemorative coins celebrating the 400th anniversary of the landing of the Mayflower and the founding of Plymouth Colony in Massachusetts by the Pilgrims in 1620. Elizabeth Warren, the senior senator […]

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COINS Act to Reform US Currency Gains New Support in Congress

Would Provide $16 Billion in Budget Savings By Dollar Coin Alliance …… Three Members of Congress have signed on as co-sponsors of the bipartisan Currency Optimization, Innovation, and National Savings (COINS) Act of 2017 (H.R. 2299), an effort that will modernize U.S. currency in order to save American taxpayers at least $16 billion. Rep. Mike […]

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COINS Act to Reform US Currency Gains New Support in Congress

Would Provide $16 Billion in Budget Savings By Dollar Coin Alliance ……   Three Members of Congress have signed on as co-sponsors of the bipartisan Currency Optimization, Innovation, and National Savings (COINS) Act of 2017 (H.R. 2299), an effort that will modernize U.S. currency in order to save American taxpayers at least $16 billion. Rep. […]

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My first CCAC Meeting: A spirited discussion and a rare inside glimpse into the design process

On Wednesday, October 18, 2017 , I had the pleasure of attending my first Citizens  Coinage Advisory Committee meeting (on the phone, since I live in Atlanta and not in Washington). As a relative novice to the world of coin design, I understand the apprehension most collectors feel when first putting themselves into the fray with much more experienced numismatists and artists

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My first CCAC Meeting: A spirited discussion and a rare inside glimpse into the design process

On Wednesday, October 18, 2017 , I had the pleasure of attending my first Citizens  Coinage Advisory Committee meeting (on the phone, since I live in Atlanta and not in Washington). As a relative novice to the world of coin design, I understand the apprehension most collectors feel when first putting themselves into the fray with much more experienced numismatists and artists

Continue reading on Coin Update News

Modern US Coins – Congress Proposes John Kennedy, World War 2 Commemorative Programs

By CoinWeek News Staff ….   As a coin collector, one may almost be forgiven for believing that Congress was frittering away its time this past summer by focusing on frivolous bills of no numismatic import whatsoever (Graham-Cassidy what now?), but two commemorative programs were introduced that prove our legislators have their priorities straight. And […]

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Gold & Silver PAC September 2017 e-Newsletter

By Scott Barman for the Gold & Silver PAC ….. Gold & Silver News From the Political Coordinator Hurricane Harvey has devastated southeast Texas. While Houston is getting most of the media coverage since it is the nation’s fourth largest city, the area of impact starts in the Corpus Christi area extending north of Galveston to […]

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North Carolina joins 35 other states with sales-tax exemptions

On Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales Tax Exemption. The law is a complete sales-and-use tax exemption on coins, currency, and precious-metals bullion sales

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North Carolina joins 35 other states with sales-tax exemptions

On Tuesday, July 25, 2017, North Carolina governor Roy Cooper signed into law House Bill 434: Coins/Currency/Bullion Sales Tax Exemption. The law is a complete sales-and-use tax exemption on coins, currency, and precious-metals bullion sales

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Louisiana enacts new exemption on coins and precious-metals bullion

Last year, the Louisiana legislature, facing a $900 million deficit, held a special legislative session and increased Louisiana’s 4% sales tax to 5%. In addition to increasing the state sales tax, it eliminated nearly all tax exemptions and exclusions—including numismatic coins and precious-metals bullion exemptions—for three months, from April 1 through June 30

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Development of the first U.S. state-run bullion depository is underway in Texas

The following is a re-post courtesy of Coin Update’s sister site Mint News Blog.
Lone Star Tangible Assets (LSTA), an Austin-based firm, has signed a five-year contract with the government of Texas to manage the state’s bullion depository, which will be under the authority of the state comptroller general (currently Glenn Hegar)

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Development of the first U.S. state-run bullion depository is underway in Texas

The following is a re-post courtesy of Coin Update’s sister site Mint News Blog.
Lone Star Tangible Assets (LSTA), an Austin-based firm, has signed a five-year contract with the government of Texas to manage the state’s bullion depository, which will be under the authority of the state comptroller general (currently Glenn Hegar)

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Minnesota gets sales-tax exemption on precious-metals bullion

On May 30, 2017, Minnesota governor Mark Dayton signed into law omnibus bill H1A, which included a sales-tax exemption on precious-metals bullion. (An omnibus bill is a proposed law that covers many diverse or unrelated topics

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Congress Proposes Commemorative Coins for American Legion Centennial

By CoinWeek News Staff …. On May 18, U.S. Representative Timothy Walz (D-MN1) introduced a bill to create commemorative coins honoring the 100th anniversary of the American Legion. A Congressionally chartered organization for American veterans who saw active service during wartime, the American Legion was founded on February 16, 1919 in Paris by soldiers from […]

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Minnesota gets sales-tax exemption on precious-metals bullion

On May 30, 2017, Minnesota governor Mark Dayton signed into law omnibus bill H1A, which included a sales-tax exemption on precious-metals bullion. (An omnibus bill is a proposed law that covers many diverse or unrelated topics

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New US Commemorative Coin Proposals Honor Coast Guard, Christa McAuliffe

House version of COINS Act also introduced By CoinWeek News Staff ….   Four coin-related bills were introduced into Congress in the last few weeks, three of which would authorize the United States Mint to strike new commemorative coins for the year 2020. The first to be introduced was H.R. 2256–the Christa McAuliffe Commemorative Coin […]

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New US Commemorative Coin Proposals Honor Coast Guard, Christa McAuliffe

House version of COINS Act also introduced By CoinWeek News Staff …. Four coin-related bills were introduced into Congress in the last few weeks, three of which would authorize the United States Mint to strike new commemorative coins for the year 2020. The first to be introduced was H.R. 2256–the Christa McAuliffe Commemorative Coin Act […]

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One Way or Another: New Legislation Seeks to Change America’s Circulating Coinage

Two recent Republican bills aim to save taxpayers money By Hubert Walker for CoinWeek …. Two new pieces of legislation have been introduced (in one instance, reintroduced) to Congress that seek to alter the landscape of our nation’s circulating coinage. COINS Act of 2017 Republican Senators John McCain (AZ) and Michael Enzi (WY) introduced the […]

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CoinWeek News Wire for March 31, 2017

By Coinweek ….   CoinWeek News Wire for March 31, 2017 Brain Food 1.) The 300-Year Quest to Make a Foolproof £1 Coin Sir Isaac Newton founded modern physics but struggled to make a coin that couldn’t be counterfeited… 2.) Spearfish woman made her mark at Denver Mint In 1981, Nora Walsh Hussey was appointed […]

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Gold & Silver PAC March 2017 e-Newsletter: Tax Edition

By Scott Barman for the Gold & Silver PAC ….. It’s tax time. Some expert tips to make sure you are in compliance with the law. Internet Sales Tax Although congress has not had any discussions about interstate sales taxes for cross-state purchases, the National Governors Association (NGA) did have some discussions about the issue during […]

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Gold & Silver PAC February 2017 e-Newsletter

By Scott Barman for the Gold & Silver PAC ….. From the Political Coordinator As I was sitting down to talk with an old friend over coffee, he turns to me and says, “I think frankly when it comes to chaos you ain’t seen nothing yet.” This Washington veteran, who began his career as an intern […]

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U.S. Mint News—Muhammad Ali Commemoratives, CCAC Meeting Notice, and Pricing Updates

Bills Introduced to Honor Muhammad Ali on Commemorative Coinage
Last month, bills were introduced in both the House and the Senate to have the Treasury produce “coins in commemoration of Muhammad Ali.” Both of the identically worded bills—S

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U.S. Mint News—Muhammad Ali Commemoratives, CCAC Meeting Notice, and Pricing Updates

Bills Introduced to Honor Muhammad Ali on Commemorative Coinage
Last month, bills were introduced in both the House and the Senate to have the Treasury produce “coins in commemoration of Muhammad Ali.” Both of the identically worded bills—S

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Boxing Legend Muhammad Ali Commemorative Coin Bill Introduced

By CoinWeek News Staff …. On January 13, a bill to commemorate the achievements–both in and out of the ring–of American boxing legend Muhammad Ali was introduced in the 115th Congress of the United States, which runs from January 3, 2017 through January 3, 2019. Identical bills were proposed in both the House of Representatives […]

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Modern Commemoratives – 50th Anniversary Apollo 11 Coin Bill Passes House

By CoinWeek News Staff ….   On Monday, December 5, the United States House of Representatives passed legislation authorizing the production and sale of commemorative coins honoring the 50th anniversary of the Apollo 11 Moon landing – the first time mankind had ever set foot upon the surface of another planetary body. The bill (H.R. […]

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Michael Fuljenz to Give Free Talk on History of “In God We Trust” Motto at ANA Anaheim

Universal Coin & Bullion has shared the following press release:
(Anaheim, California) – An educator and acclaimed writer will give a free, informative presentation on defending the national motto, “In God We Trust,” in Anaheim, California on Thursday, August 11, 2016. The public is invited

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Texas Western College Basketball Championship 50th Anniversary Commemorative Coin Act Introduced

By CoinWeek News Staff….   On Thursday, June 25, U.S. Representative Beto O’Rourke (D-TX16) introduced a bill (H.R. 2906) to honor the 50th anniversary of the Texas Western College National Collegiate Athletic Association men’s basketball championship with a three-coin commemorative coin program. The proposed commemorative set includes a $5 gold coin, a $1 silver coin […]

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Apollo 11 50th Anniversary Commemorative Coin Act

Earlier this month, a bill was introduced in the House of Representatives which seeks to authorize a commemorative coin program to recognize the 50th anniversary of the first manned landing on the moon. The program would include several innovative aspects such as the use of a 5 ounce silver coin, a curved shape, and potentially a reverse design which extends over the edge of the coins

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Bill Seeks Changes to Bullion and Collectible Coin Requirements

A bill introduced in the House of Representatives seeks changes to various requirements for United States Mint bullion and collectible coins. The changes would impact the American Gold Buffalo, silver versions of circulation coins included in numismatic sets, and the potential palladium bullion and collectible coins

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Reintroduced Bill Seeks Steel Cents, Nickels, Dimes, and Quarters

A bill has been introduced in the House of Representatives which seeks to quickly and dramatically alter the composition for all current circulating United States coins. Specifically, the bill would require the one-cent, five-cent, dime, and quarter dollar coins to be produced primarily of steel, with the change implemented 90 days after the enactment of the Act

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Bill Calls for Moratorium on Bitcoin Regulation

A bill has been introduced in the House of Representatives which seeks a five year moratorium on statutory restrictions or regulations on cryptocurrencies such as Bitcoin. The bill also seeks to establish a neutral tax treatment for cryptocurrencies rather than the “less than optimal” guidance provided by the Internal Revenue Service in a notice issued earlier this year

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Hobby Protection and Marketplace Fairness Act Legislative Updates. VIDEO: 9:21.

Jimmy Hayes, Numismatic Lobbyist and former Congressman. The intricacies of passing legislation and how bills can be changed and amended are highlighted in this explanation by Jimmy Hayes. He talks about laws that have been passed or are possible to be passed that will have enormous implications for the numismatic market place. //www.youtube.com/watch?v=vV9S0-k7X3E Copyright © […]

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How New Minnesota Coin Dealer Registration Law Affects Dealers in Other States. VIDEO: 3:37

Gary Adkins, Gary Adkins & Associates Interviewer: David Lisot, CoinWeek.com………. Recent legislation in Minnesota requires any business buying or selling more than $5000 to register with the state government, obtain a surety bond and conform to other regulation and oversight. Find out the implications of this new law from Minnesota dealer, ICTA member, and former […]

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United States Coast Guard Commemorative Coin Act Introduced

On May 7, 2014, Senators Chris Murphy and Richard Blumenthal of Connecticut introduced a bill which seeks to authorize the minting and issuance of coins in commemoration of the United States Coast Guard. Surcharges raised from the sale of coins would help finance the United States Coast Guard Museum in New London, Connecticut

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