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Week Ending September 8, 2006

 

H.R.2808 To require the Secretary of the Treasury to mint coins in commemoration of the bicentennial of the birth of Abraham Lincoln.

 

The 16th President, long an icon on the Lincoln cent would be further honored by a commemorative $1.00 coin.

 

500,000 coins would be minted in 2009 for one year. Each would weigh 26.73 grams with a 1.5 inch diameter. The coins would be 90% silver and 10% copper and can be used as legal tender with numismatic qualities. All will be issued in uncirculated and proof qualities.

 

The coins will sell for $1.00 plus the $10.00 surcharge and the cost of designing and issuing the coins. Commemorative coins must pay their own way so after the cost of making the coins is recouped the remaining surcharges will be paid to the Abraham Lincoln Bicentennial Commission to continue their work.

 

The former President was born in Kentucky on February 12, 1809 and was assassinated on April 15, 1865 at age 56.

 

Sponsor: Rep. Ray LaHood  (R-IL-18th)

Vote: Passed House 401 to 0 September 6, 2006 (RC 427)

Cost to the taxpayers: No cost to the taxpayers.

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MORE INFORMATION

The Congress finds as follows:

(1) Abraham Lincoln, the 16th President, was one of the Nation's greatest leaders, demonstrating true courage during the Civil War, one of the greatest crises in the Nation's history.

(2) Born of humble roots in present-day LaRue County, Kentucky, on February 12, 1809, Abraham Lincoln rose to the Presidency through a combination of honesty, integrity, intelligence, and commitment to the United States.

(3) With the belief that all men were created equal, Abraham Lincoln led the effort to free all slaves in the United States.

(4) Abraham Lincoln had a generous heart, with malice toward none and with charity for all.

(5) Abraham Lincoln gave the ultimate sacrifice for his country, dying from an assassin's bullet on April 15, 1865.

(6) The year 2009 will be the bicentennial anniversary of the birth of Abraham Lincoln.

(7) The Abraham Lincoln Bicentennial Commission has been charged by Congress with planning the celebration of Lincoln's bicentennial.

(8) The proceeds from a commemorative coin will help fund the celebration and the continued study of the life of Lincoln.

 

 

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