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H.R. 1993: 25th Anniversary of 9/11 Commemorative Coin Act

This bill, known as the 25th Anniversary of 9/11 Commemorative Coin Act, aims to commemorate the 25th anniversary of the September 11, 2001 terrorist attacks by minting and issuing special commemorative coins. Here are the key points of the bill:

Coin Minting and Specifications

The Secretary of the Treasury is tasked with minting the following coins:

$5 Gold Coins: Up to 50,000 coins, each weighing 8.359 grams, with a diameter of 0.850 inches, containing at least 90% gold.
$1 Silver Coins: Up to 400,000 coins, each weighing 26.73 grams, with a diameter of 1.500 inches, containing at least 90% silver.

These coins will be considered legal tender and will be classified as numismatic items.

Design of Coins

The designs for the coins are intended to honor the courage and sacrifice of those affected by the 9/11 attacks. Specifications include:

At least one coin will feature the inscription "Never Forget."
Each coin will display other inscriptions such as "Liberty," "In God We Trust," "United States of America," "E Pluribus Unum," and "25th Anniversary."

The designs will be selected in consultation with the National September 11 Memorial and Museum and the Commission of Fine Arts, and reviewed by the Citizens Coinage Advisory Committee.

Issuance and Sale of Coins

The coins will be issued in uncirculated and proof qualities. It is suggested that they be minted at the U.S. Mint in West Point, New York, if possible. The coins can only be issued during a one-year period starting from January 1, 2027. The Secretary of the Treasury will set the sale price of the coins based on their face value, surcharges, and minting costs.

Surcharges and Distribution

Sales of the coins will include the following surcharges:

$35 for each $5 gold coin
$10 for each $1 silver coin

The proceeds from these surcharges will be directed to the National September 11 Memorial and Museum to support its operations and maintenance.

Financial Assurances

The bill includes provisions to ensure that the minting and issuing of these coins do not cost the Federal Government any net expenditure. No funds related to the issuance will be disbursed until all costs incurred in the design and minting process have been recovered by the U.S. Treasury.

Findings

The bill highlights several key findings related to the September 11 attacks:

The tragic loss of 2,977 individuals and the devastating impact on first responders and the community.
Ongoing health effects experienced by individuals involved in rescue and recovery efforts.
The importance of the National September 11 Memorial and Museum’s role in commemorating the event and supporting affected individuals.