Mother’s Day Commemorative Coin has Passed House!

I just read this article and thought it sounded very interesting, especially today on Mother's Day!

"On May 5, 2010, H.R. 2421: Mother's Day Centennial Commemorative Coin Act passed in the House of Representatives. The bill would require the Secretary of the Treasury to mint and issue commemorative silver dollars to mark the 100th anniversary of the establishment of Mother's Day.

H.R. 2421 was first introduced on May 14, 2009 by Rep. Shelley Capito of West Virginia. A similar bill had been introduced in the Senate a week earlier on May 7, 2009 by John Rockefeller of West Virginia.

If one of these bills becomes law, up to 400,000 of the Mother's Day Silver Dollars could be minted and issued for 2014. The coins would feature a design emblematic of the 100th anniversary of President Wilson's proclamation designating the second Sunday in May as Mother's Day. The designs would be selected by the Secretary of the Treasury after consultation with the Commission of Fine Arts and review by the Citizens Coinage Advisory Committee.

Each coin would be minted in 90% silver and 10% copper with a diameter of 1.5 inches and weight of 26.73 grams. Both proof and uncirculated versions of the coin would be produced. The coins may be issued beginning on January 1, 2014. No coins may be minted after December 31, 2014.

The coins would be sold at a price equal to the face value of the coins, the cost of designing and issuing the coins, and a $10 surcharge. The surcharges collected from the sale of coins would be distributed one half to Susan G. Komen for the Cure and one half to the Natoinal Osteoporosis Foundation for the purpose of furthering the research funded by each organization.

In order for the coins to become a reality, one of the bills must be passed by both the House of Representatives and Senate and then signed into law by the President. One commemorative coin program has already been approved for the year 2014 to mark the 50th anniversary of the Civil Rights Act of 1964."

- from Coin Update News

Happy Mother's Day!