So, 31 U.S. Code § 5112 - Denominations, specifications, and design of coins (i)(4)(a) says
Quote:
Notwithstanding any other provision of law and subject to subparagraph (B), the Secretary of the Treasury may change the diameter, weight, or design of any coin minted under this subsection or the fineness of the gold in the alloy of any such coin if the Secretary determines that the specific diameter, weight, design, or fineness of gold which differs from that otherwise required by law is appropriate for such coin.
and that allows the Mint to create a Liberty Bell coin.
How these coins are to be priced is given by 31 U.S. Code § 5112 - Denominations, specifications, and design of coins (i)(2)(a) which says
Quote:
The Secretary shall sell the coins minted under this subsection to the public at a price equal to the market value of the bullion at the time of sale, plus the cost of minting, marketing, and distributing such coins (including labor, materials, dies, use of machinery, and promotional and overhead expenses).
I guess "the cost of minting, marketing, and distributing such coins (including labor, materials, dies, use of machinery, and promotional and overhead expenses)" must be astronomical
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Posted Yesterday 10:25 am
