Please support U.S. Congressional Bill – H.R. 3757. Call, email or write your U.S. Congressperson and let your voice be heard by November 30.
The Facts
What is it?
It is an act to require the Secretary of the Treasury to mint Morgan and Peace Dollars in 2021.
Why?
These commemorative silver dollars will recognize a pivotal point in our history as the United States evolved from a developing industrial nation into a world power. Mirroring this change, the Peace Dollar replaced the Morgan Dollar in 1921 — a changing of the guard.
What will be the mintage?
Up to a maximum of 500,000 silver dollars will be coined.
What will be the design?
The designs will be representative of either the Morgan dollar or the Peace Dollar both in their designs and inscriptions. It is the intent of the originators of this bill that struck coins be reflective of the first year of issue for each design, including high relief on the Peace Dollar. Each coin will bear the date 2021.
What are the specifications?
The coins will be identical to their forebears. They will weight 26.73 grams, have a diameter of 1.5 inches and contain not less that 90% silver.
What finish will these coins have?
They will be issued in uncirculated and proof qualities.
Where will they be minted?
The Director of the Mint will determine which of the facilities will be utilized. In addition, if the Secretary of the Treasury finds it feasible and cost effective, a portion of the Morgan Dollars will be struck at Carson City, Nevada at the Nevada State Museum (formerly a United States Mint facility.)
How much will the surcharge be?
The surcharge is mandated by law to be ten dollars per coin.
What organizations will receive this surcharge?
20% will go to the Nevada State Museum at Carson City. 40% will go to the American Numismatic Association. 40% will go to the National World war I Museum and Memorial in Kansas City.