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House Passes Bill To Create A $2.50 Coin For The 250th. . .

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 Posted 02/16/2026  8:17 pm  Show Profile   Bookmark this reply Add fplagge to your friends list
And just how many vending companies are going to upgrade their machines to accept these new circulated coins?
These Representatives do not seem to mind wasting our tax dollars on another boondoggle rather than working to improve American lives.

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 Posted 02/16/2026  9:39 pm  Show Profile   Bookmark this reply Add Boba Debt to your friends list
You must be old like me

Most of the people I work with are young and not only do they not carry change, they don't even carry paper money.

They use their debit or credit cards to buy a soda or a bag of chips and don't care about the 85 cent upcharge to do it.

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450 Posts
 Posted 02/16/2026  10:31 pm  Show Profile   Check Vector Ze's eBay Listings Bookmark this reply Add Vector Ze to your friends list
I'm 72, Boba Debt, and I confess I've been mostly cashless for the past 20 years. On the other hand, I pretty much cut ties with chips and sodas at least that long ago.
On those rare occasions I need cash, I have to go out of my way and hit the ATM.
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 Posted 02/17/2026  08:48 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
The correct link to HR5616 is https://www.congress.gov/bill/119th...ll/5616/text.

The link above is to the Senate bill S2952, which is a very different piece of legislation.

$2.50 for America's 250th Act
Sponsor: Lummis, Cynthia M. [Sen.-R-WY] (Introduced 09/30/2025) Cosponsors: (6)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: Senate - 09/30/2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

HR5616, although it's not called a commemorative coin, has very standard denomination and mintage limits for commemorative coins:


Quote:
To amend title 31, United States Code, to require the Secretary of the Treasury to mint and issue $2.50 numismatic coins, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the "$2.50 for America's 250th Act".

SEC. 2. Findings.

Congress finds the following:

(1) The 250th anniversary of the signing of the Declaration of Independence was a turning point in the history of the United States and the world that warrants national recognition.

(2) The 68th Congress celebrated this fact by authorizing the United States Mint to commemorate the 150th anniversary of American independence by issuing $2.50 coins.

(3) The issuance of a $2.50 anniversary coin for the 250th anniversary serves as a historically grounded continuation of this numismatic tradition and connects Americans today with a legacy of national celebration through coinage.

(4) The design and distribution of this coin offer a unique and accessible opportunity for the American people to engage with and take personal ownership of their national heritage through a tangible and lasting tribute.

(5) Every citizen deserves the opportunity to acquire such a coin as a means to connect to the founding principles of liberty, democracy, and self-governance.

(6) In addition to the congressionally authorized activities already planned by the mint, this new anniversary coin will serve not only as a lasting tribute to the founding generation and the ideals we share with them to this day, but also as a unifying and educational gesture on the occasion of the semiquincentennial.

SEC. 3. Minting and issuing of $2.50 numismatic coins.

(a) In general.—Section 5112 of title 31, United States Code, is amended by adding at the end the following:


"(bb) Numismatic $2.50 coin.—

"(1) IN GENERAL.—The Secretary may mint and issue—

"(A) not more than 100,000 $2.50 numismatic coins, each of which shall weigh 4.1795 grams, have a diameter of 0.425 inches, and contain not less than 90 percent gold;

"(B) not more than 300,000 $2.50 numismatic coins, each of which shall weigh 26.73 grams, have a diameter of 1.5 inches, and contain not less than 90 percent silver; and

"(C) not more than 750,000 $2.50 numismatic coins, each of which shall weigh 11.34 grams, have a diameter of 1.205 inches, and be minted to the specifications for half-dollar coins contained in section 5112(b) of title 31, United States Code.

"(2) DESIGN.—

"(A) OBVERSE.—The obverse design of any coin minted and issued under this subsection shall, during the 2-year period beginning on the date the Secretary issues any coin under this subsection, bear the image of allegorical liberty wielding the Declaration of Independence featured on the gold $2.50 Sesquicentennial Coin issued in 1926.

"(B) REVERSE.—The reverse design of any coin minted and issued under this subsection shall, during the 2-year period beginning on the date the Secretary issues any coin under this subsection, bear the image of Independence Hall featured on the gold $2.50 Sesquicentennial Coin issued in 1926.

"(C) ADDITIONAL INSCRIPTIONS.—During the 2-year period beginning on the date the Secretary issues any coin under this subsection, each coin minted and issued under this subsection shall bear the inscriptions 'Semiquincentennial of the United States' and '1776-2026'.".

(b) Sense of Congress.—It is the sense of the Congress that the numismatic coins described in section 5112(bb) of title 31, United States Code, should be minted and issued not later than July 4, 2026, or as soon as it is technically and economically feasible.

SEC. 4. Study and Report.

(a) Study.—The Secretary of the Treasury, acting through the Director of the United States Mint shall conduct a comprehensive study to evaluate the feasibility, practicality, and potential public benefits of minting and issuing a $2.50 coin for wide circulation in the United States.

(b) Report.—The Secretary of the Treasury, acting through the Director of the United States Mint shall, not later than September 15, 2026, submit a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate about the study carried out under subsection (a) that includes—

(1) an analysis of the historical use of the $2.50 denomination;

(2) projected production costs associated with minting and issuing a $2.50 coin for wide circulation;

(3) the cost-effectiveness of minting and issuing a $2.50 coin for wide circulation when compared to the costs associated with minting and issuing other coins;

(4) an evaluation of potential benefits to commerce, coin handling, and transaction efficiency that would be associated with the minting and issuing a $2.50 coin for wide circulation;

(5) proposed physical characteristics of a $2.50 coin, including—

(A) composition;

(B) weight;

(C) diameter; and

(D) design features to distinguish the $2.50 coin from existing coins;

(6) a description of the ways in which the Secretary consulted with stakeholders, including commercial banks, cash-handling businesses, consumer groups, and vending and transit industries;

(7) an analysis that estimates the potential seigniorage associated with a widely circulated $2.50 coin; and

(8) a plan that could be followed to mint and issue a $2.50 coin that includes—

(A) coordination with the Federal Reserve System and financial institutions;

(B) a test production phase; and

(C) an initial phased circulation.

Passed the House of Representatives February 9, 2026.


Do note the 4+ grams of .900 fine gold, that's not exactly 1/8th TOz.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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 Posted 02/17/2026  08:50 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
And for completeness, text of S2952


Quote:
To amend title 31, United States Code, to require the Secretary of the Treasury to mint and issue $2.50 numismatic coins and $2.50 circulating coins, and for other purposes.

IN THE SENATE OF THE UNITED STATES
September 30, 2025
Ms. Lummis (for herself, Mrs. Capito, Mr. Cramer, Mrs. Shaheen, Mr. Padilla, and Ms. Murkowski) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL
To amend title 31, United States Code, to require the Secretary of the Treasury to mint and issue $2.50 numismatic coins and $2.50 circulating coins, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the "$2.50 for America's 250th Act".

SEC. 2. Findings.

Congress finds the following:

(1) The signing of the Declaration of Independence was a turning point in the history of the United States and the world, and the 250th anniversary of the signing warrants national recognition.

(2) The 68th Congress celebrated this fact by authorizing the United States Mint to commemorate the 150th anniversary of American independence by issuing 2 coins: A half dollar and a $2.50 gold piece.

(3) The issuance of a $2.50 anniversary coin for the 250th anniversary serves as a historically grounded continuation of this numismatic tradition and connects Americans today with a legacy of national celebration through coinage.

(4) The design and distribution of this coin offer a unique and accessible opportunity for the American people to engage with and take personal ownership of their national heritage through a tangible and lasting tribute.

(5) Every citizen deserves the opportunity to acquire such a coin as a means to connect to the founding principles of liberty, democracy, and self-governance.

(6) In addition to the congressionally authorized activities already planned by the Mint, this new anniversary coin will serve not only as a lasting tribute to the founding generation and the ideals we share with them to this day, but also as a unifying and educational gesture on the occasion of the semiquincentennial.

SEC. 3. Circulating $2.50 coins.

(a) In general.—Section 5112 of title 31, United States Code, is amended by adding at the end the following:


"(bb) Circulating $2.50 coin.—

"(1) IN GENERAL.—The Secretary shall mint and issue a $2.50 circulating coin upon determining that minting such coin is technically feasible, economically feasible, and not cost prohibitive.

"(2) REQUIREMENTS.—Each coin minted and issued under this subsection shall—

"(A) have features that make the denomination of the coin readily discernible from other coins; and

"(B) be made of an alloy prescribed by the Secretary.

"(3) DESIGN.—

"(A) OBVERSE.—The obverse of each coin minted and issued under this subsection shall, during the 5-year period beginning on the date the Secretary issues any coin under this subsection, bear the image of allegorical liberty wielding the Declaration of Independence featured on the gold $2.50 Sesquicentennial Coin issued in 1926.

"(B) REVERSE.—The reverse of each coin minted and issued under this subsection shall, during the 5-year period beginning on the date the Secretary issues any coin under this subsection, bear the image Independence Hall featured on the gold $2.50 Sesquicentennial Coin issued in 1926.

"(C) ADDITIONAL INSCRIPTIONS.—During the 5-year period beginning on the date the Secretary issues any coin under this subsection, each coin minted and issued under this subsection shall bear the inscriptions 'Semiquincentennial of the United States' and '1776-2026'.

"(D) SUBSEQUENT DESIGNS.—Beginning on the date that is 5 years after the Secretary issues a coin under this subsection, and every 5 years thereafter, the Secretary may select a new design that celebrates the founding of the United States for the $2.50 coin.".

(b) Sense of Congress.—It is the sense of the Congress that the circulating coin described in subsection (bb) of section 5112 of title 31, United States Code, as added by subsection (a) of this section, should be minted and issued not later than July 4, 2026, or as soon as it is technically and economically feasible.

SEC. 4. Numismatic $2.50 coins.

(a) In general.—Section 5112 of title 31, United States Code, as amended by section 3 of this Act, is amended by adding at the end the following:


"(cc) Numismatic $2.50 coin.—

"(1) IN GENERAL.—The Secretary may mint and issue $2.50 numismatic coins in silver, clad, and such other alloys, including gold, as the Secretary determines in accordance with such program procedures and coin specifications, varieties, quantities, and inscriptions as the Secretary, in the Secretary's discretion, may prescribe from time to time.

"(2) DESIGN.—

"(A) OBVERSE.—The obverse design of any coin minted and issued under this subsection shall, during the 2-year period beginning on the date the Secretary issues any coin under this subsection, bear the image of allegorical liberty wielding the Declaration of Independence featured on the gold $2.50 Sesquicentennial Coin issued in 1926.

"(B) REVERSE.—The reverse design of any coin minted and issued under this subsection shall, during the 2-year period beginning on the date the Secretary issues any coin under this subsection, bear the image of Independence Hall featured on the gold $2.50 Sesquicentennial Coin issued in 1926.

"(C) ADDITIONAL INSCRIPTIONS.—During the 2-year period beginning on the date the Secretary issues any coin under this subsection, each coin minted and issued under this subsection shall bear the inscriptions 'Semiquincentennial of the United States' and '1776-2026'.

"(D) SUBSEQUENT DESIGNS.—Beginning on the date that is 2 years after the date on which the Secretary issues any coin under this subsection, and every 2 years thereafter, the Secretary may select a new design that celebrates the founding of the United States for the $2.50 coin.".

(b) Sense of Congress.—It is the sense of the Congress that the numismatic coins described in subsection (cc) of section 5112 of title 31, United States Code, as added by subsection (a) of this section, should be minted and issued not later than July 4, 2026, or as soon as it is technically and economically feasible.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
Bedrock of the Community
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19107 Posts
 Posted 02/17/2026  09:04 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list
...should be minted and issued not later than July 4, 2026, or as soon as it is technically and economically feasible.

Let's see, we're approaching the end of February. Fun for all!
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 Posted 02/17/2026  10:54 am  Show Profile   Bookmark this reply Add Boba Debt to your friends list
How can we expect to get to Mars if we can't design and mint a coin in 4 months
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 Posted 02/17/2026  11:25 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
And just how many vending companies are going to upgrade their machines to accept these new circulated coins?
Rough estimate: Zero.

Almost all vending machines around here no longer take change, some take dollar bills, and all take electronic payments.
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 Posted 02/17/2026  3:49 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
A lot of pinball machines still take quarters!

I would be surprised if anyone seriously thinks these will be anything but numismatic coins anyway.

The PM ones (gold especially) will be out of reach for many. I wonder what the product offerings will look like.
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 Posted 02/17/2026  4:42 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I would be surprised if anyone seriously thinks these will be anything but numismatic coins anyway.
They will not circulate unless they withdraw the $2.50 note... from... uh... hmpf!
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 Posted 02/17/2026  9:34 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list

Quote:
They will not circulate unless they withdraw the $2.50 note... from... uh... hmpf!

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 Posted 02/21/2026  12:32 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list
Interesting. Yet more pressing should be the reintroduction of a two and Three Cent now that Lincoln ceased. Both could easily fall under cost in aluminum.
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 Posted 02/23/2026  12:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Yet more pressing should be the reintroduction of a two and Three Cent now that Lincoln ceased. Both could easily fall under cost in aluminum.
I disagree. Cost is not just materials, but the whole process. The dime is the cutoff for positive seigniorage.
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 Posted 03/03/2026  12:32 am  Show Profile   Bookmark this reply Add ckrakowski to your friends list

Quote:
Most of the people I work with are young and not only do they not carry change, they don't even carry paper money.


Hey Boba Debt:

Still, going cashless isn't risk-free. That same article argues that companies that don't accept cash do so at peril to their own bottom line. Citing nearly 6 million unbanked individuals in America who rely upon cash for transactions, and a recent uptick in cash usage by younger generations. "Nearly 70% of the Gen Z age group reported using cash more frequently in 2022," Loomis reported.

https://brobible.com/culture/articl...accept-cash/

If you take out the %27 in the web address and input a ' the link works fine.

Not sure why it changes it even though the link does not have it in it.

The US is also experiencing an increase in cash usage for younger people, as nearly 70% of the Gen Z age group reported using cash more frequently in 2022.

https://www.loomis.us/resources/ins...%20customers
Edited by ckrakowski
03/03/2026 12:36 am
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 Posted 03/03/2026  04:28 am  Show Profile   Bookmark this reply Add january1may to your friends list

Quote:
"(C) not more than 750,000 $2.50 numismatic coins, each of which shall weigh 11.34 grams, have a diameter of 1.205 inches, and be minted to the specifications for half-dollar coins contained in section 5112(b) of title 31, United States Code.
So, coins the exact same size and shape as half dollars [and with a very similar design to existing bicentennial half dollars], but denominated $2.50 instead. This will definitely not be confusing...

At least with a mintage of 750,000 they're unlikely to end up in circulation anyway.
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