[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6192 Enrolled Bill (ENR)]

        H.R.6192

                     One Hundred Sixteenth Congress

                                 of the

                        United States of America


                          AT THE SECOND SESSION

           Begun and held at the City of Washington on Friday,
            the third day of January, two thousand and twenty


                                 An Act


 
To require the Secretary of the Treasury to honor the 100th anniversary 
    of completion of coinage of the ``Morgan Dollar'' and the 100th 
anniversary of commencement of coinage of the ``Peace Dollar'', 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 ``1921 Silver Dollar Coin Anniversary 
Act''.
SEC. 2. FINDINGS.
    The Congress finds that following:
        (1) In December 1921, the Peace silver dollar was approved by 
    Treasury Secretary Andrew Mellon, replacing the Morgan silver 
    dollar and commemorating the declaration of peace between the 
    United States and the Imperial German government.
        (2) The Peace silver dollar was minted in Philadelphia, Denver 
    and San Francisco. The Morgan silver dollar was minted at 
    Philadelphia, Denver, San Francisco, Carson City, and New Orleans.
        (3) The Peace silver dollar was designed by Anthony de 
    Francisci with the Goddess of Liberty on the obverse and a bald 
    eagle clutching the olive branch (a symbol of peace) on the 
    reverse. The Peace silver dollars were minted between 1921 to 1935.
        (4) The Morgan silver dollar was designed by George T. Morgan 
    and was minted from 1878 to 1904, and again in 1921. The obverse 
    depicts a profile portrait of Lady Liberty and on the reverse, a 
    heraldic eagle.
        (5) The conversion from the Morgan silver dollar to the Peace 
    silver dollar design in 1921 reflected a pivotal moment in American 
    history. The Morgan silver dollar represents the country's westward 
    expansion and industrial development in the late 19th century. The 
    Peace silver dollar symbolizes the country's coming of age as an 
    international power while recognizing the sacrifices made by her 
    citizens in World War I and celebrating the victory and peace that 
    ensued.
        (6) These iconic silver dollars with vastly different 
    representations of Lady Liberty and the American Eagle, reflect a 
    changing of the guard in 1921 in the United States and therefore on 
    the 100th anniversary must begin to be minted again to commemorate 
    this significant evolution of American freedom.
SEC. 3. COIN SPECIFICATIONS.
    (a) $1 Silver Coins.--The Secretary of the Treasury (hereafter in 
this Act referred to as the ``Secretary'') shall mint and issue $1 
coins in recognition of the 100th anniversary of completion of coinage 
of the Morgan dollar and the 100th anniversary of commencement of 
coinage of the Peace dollar, each of which shall--
        (1) weigh 26.73 grams;
        (2) have a diameter of 1.500 inches;
        (3) contain not less than 90 percent silver; and
        (4) have a reeded edge.
    (b) Legal Tender.--The coins minted under this Act shall be legal 
tender, as provided in section 5103 of title 31, United States Code.
    (c) Numismatic Items.--For purposes of sections 5134 and 5136 of 
title 31, United States Code, all coins minted under this Act shall be 
considered to be numismatic items.
SEC. 4. DESIGN OF COINS.
    (a) Design Requirements.--
        (1) In general.--The designs of the coins minted under this Act 
    shall honor either the Morgan dollar or the Peace dollar, as 
    follows--
            (A) Morgan dollar.--The coins honoring the 100th 
        anniversary of completion of coinage of the Morgan dollar shall 
        have an obverse design and a reverse design that are renditions 
        of the designs historically used on the obverse and reverse of 
        the Morgan dollar.
            (B) Peace dollar.--The coins honoring the 100th anniversary 
        of commencement of coinage of the Peace dollar shall have an 
        obverse design and a reverse design that are renditions of the 
        designs historically used on the obverse and reverse of the 
        Peace dollar.
        (2) Designation and inscriptions.--On each coin minted under 
    this Act, there shall be--
            (A) a designation of the value of the coin;
            (B) an inscription of the year of minting or issuance; and
            (C) inscriptions of the words ``Liberty'', ``In God We 
        Trust'', ``United States of America'', and ``E Pluribus Unum''.
    (b) Selection.--The design for the coins minted under this Act 
shall be--
        (1) selected by the Secretary after consultation with the 
    Commission of Fine Arts; and
        (2) reviewed by the Citizens Coinage Advisory Committee.
SEC. 5. ISSUANCE OF COINS.
    The Secretary may issue coins minted under this Act beginning on 
January 1, 2021.
SEC. 6. SALE OF COINS.
    (a) Sale Price.--The coins issued under this Act shall be sold by 
the Secretary at a price equal to the sum of--
        (1) the face value of the coins; and
        (2) the cost of designing and issuing the coins (including 
    labor, materials, dies, use of machinery, overhead expenses, 
    marketing, and shipping).
    (b) Bulk Sales.--The Secretary may make bulk sales of the coins 
issued under this Act at a reasonable discount.
SEC. 7. FINANCIAL ASSURANCES.
    The Secretary of the Treasury shall take such actions as may be 
necessary to ensure that the minting and issuing of coins under the Act 
will not result in any net cost to the United States Government.
SEC. 8. DETERMINATION OF BUDGETARY EFFECTS.
    The budgetary effects of this Act, for the purpose of complying 
with the Statutory Pay-As-You-Go Act of 2010, shall be determined by 
reference to the latest statement titled ``Budgetary Effects of PAYGO 
Legislation'' for this Act, submitted for printing in the Congressional 
Record by the Chairman of the House Budget Committee, provided that 
such statement has been submitted prior to the vote on passage.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.