Disabled Veterans Commemorative Coins Proposed
A new commemorative coin has been proposed to honor US Veterans who have been disabled for life. Up to 350,000 silver dollar coins could be issued in uncirculated and proof versions.
The coin was proposed under H.R. 634 American Veterans Disabled for Life Commemorative Coin Act. The bill was introduced on January 23, 2007 by Dennis Moore.
The legislation would provide for the issuance of a commemorative coin with a design emblematic of the service of disabled veterans who made enormous personal sacrifices for their country. The final design would be selected by the Treasury Secretary after consultation with the Disabled Veteran’s LIFE Memorial Foundation, the Commission or Fine Arts, and the Citizens Coinage Advisory Committee.
The $1 Silver Coins would be issued in a quantity of not more than 350,000. Each coin would weigh 26.73 grams, have a diameter of 1.5 inches, and contain 90% silver and 10% copper. Inscriptions would be included designating the value of the coin, the year 2010, “Liberty,” “In God We Trust,” “United States of America,” and “E Pluribus Unum.”
The Disabled Veterans Coins would be issued only during the calendar year of 2010. To the extent possible the coins would be minted at the West Point Mint.
Each coin sold would carry a $10 surcharge. This surcharge would be paid to the Disabled Veterans’ LIFE Memorial Foundation for the purpose of establishing an endowment to support the construction of American Veterans’ Disabled For Life Memorial in Washington, DC.
In order for the bill to become law, it must be passed by both the House of Representatives and the Senate. Then the President must sign the bill into law.