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110th Congress > House > Vote 1500
Clerk session vote number: 325
Sponsor: CASTLE, Michael Newbold (R-DE)
Description: Original Saint-Gaudens Double Eagle Ultra-High Relief Palladium Bullion Coin Act
Bill summary: Original Saint-Gaudens Double Eagle Ultra-High Relief Palladium Bullion Coin Act - Authorizes the Secretary of the Treasury to mint and issue a $20 coin that bears, on the obverse and reverse, the designs of the famous 27-millimeter version of the 1907 Augustus Saint-Gaudens Double Eagle ultra-high relief gold piece.
Authorizes the Secretary to commence minting and issuing such coins for sale, beginning January 1, 2009, in: (1) an appropriate number of $20 bullion investment coins meeting
specified requirements; and (2) up to 15,000 ultra-high relief numismatic $20 coins meeting certain other requirements. Requires all coins to be minted at West Point, New York.
Prohibits numismatic coins from being made available as so-called "fractional" coins.
Requires the Secretary to take specified protective and anti-counterfeiting measures.
Instructs the Treasury Inspector General to report to certain congressional committees on the extent of counterfeiting of rare, collectible, or numismatic coins for sale in the United States, regardless of the country where the original of such coin was produced or of the country in which the counterfeiting takes place, or sales overseas if such counterfeit coins are unauthorized copies of coins originally produced by the U.S. Mint.
Bill titles: To authorize the production in palladium of Saint-Gaudens Double Eagle coins as ultra-high relief numismatic coins and bullion investment coins in order to provide affordable opportunities for investments in precious metals, and for other purposes; To authorize the production of Saint-Gaudens Double Eagle ultra-high relief bullion coins in palladium to provide affordable opportunities for investments in precious metals, and for other purposes.
Links for more info on the vote: congress.gov