PUBLIC LAW 100-673— NOV. 17, 1988

102 STAT. 3993

and inscriptions of the words "Liberty", "In God We
Trust", "United States of America", and "E Pluribus Unum".

(d) LEGAL TENDER. — The coins minted under this Act shall be legal
tender as provided in section 5103 of title 31, United States Code.

(e) NUMISMATIC ITEMS.— For purposes of section 5132(a)(l) of title
31, United States Code, all coins minted under this Act shall be
considered to be numismatic items.

SEC. 3. SOURCES OF BULLION.

(a) GOLD. — The Secretary shall obtain gold for minting coins under
this Act pursuant to the authority of the Secretary under existing
law.

(b) SILVER. — The Secretary shall obtain silver for minting coins
under this Act only from stockpiles established under the Strategic
and Critical Minerals Stock Piling Act (50 U.S.C. 98 et seq.).

SEC. 4. DESIGN OF COINS.

The design for each coin authorized by this Act shall be selected
by the Secretary after consultation with the Speaker of the House of
Representatives, the President pro tempore of the Senate, and the
Commission of Fine Arts.

SEC. 5. ISSUANCE OF COINS.

(a) FIVE DOLLAR COINS.— The five dollar coins minted under this
Act may be issued in uncirculated and proof qualities and shall be
struck at the United States Mint at West Point, New York.

(b) ONE DOLLAR AND HALF DOLLAR COINS.— The one dollar and
half dollar coins minted under this Act may be issued in uncir-
culated and proof qualities, except that not more than one facility of
the United States Mint may be used to strike any particular com-
bination of denomination and quality.

(c) COMMENCEMENT OF ISSUANCE.— The Secretary may issue the
coins minted under this Act beginning January 1, 1989.

(d) TERMINATION OF AUTHORITY. — Coins may not be minted under
this Act after June 30, 1990.

(e) CONTRACTS.— Any contract to be made by the Secretary involv-
ing the promotion, advertising, or marketing of any coins authorized
under this Act shall be valid only upon approval by the United
States Capitol Preservation Commission.

SEC. 6. SALE OF COINS.

(a) IN GENERAL.— Notwithstanding any other provision of law, the
Secretary shall sell the coins minted under this Act at a price equal
to the face value, plus the cost of designing and issuing the coins
(including labor, materials, dies, use of machinery, and overhead
expenses).

(b) BULK SALES.— The Secretary shall make any bulk sales of the
coins minted under this Act at a reasonable discount to reflect the
lower costs of such sales.

(c) PREPAID ORDERS.— The Secretary shall accept prepaid orders
for the coins minted under this Act prior to the issuance of such
coins. Sale prices with respect to such prepaid orders shall be at a
reasonable discount.

(d) SURCHARGES.— All sales of coins minted under this Act shall
include a surcharge of $35 per coin for the five dollar coins, $7 per
coin for the one dollar coins, and $1 per coin for the half dollar coins.

31 USC 5112
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31 USC 5112
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31 USC 5112
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31 USC 5112
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