Page:United States Statutes at Large Volume 112 Part 3.djvu/548

This page needs to be proofread.

112 STAT. 2378 PUBLIC LAW 105-268—OCT. 19, 1998 Public Law 105-268 105th Congress Oct. 19, 1998 [H. R 3790] Library of Congress Bicentennial Commemorative Coin Act of 1998. 31 USC 5112 note. An Act To require the Secretary of the Treasury to mint coins in commemoration of the bicentennial of the Library of Congress. 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 "Library of Congress Bicentennial Commemorative Coin Act of 1998". SEC. 2. COIN SPECIFICATIONS. (a) DENOMINATIONS. —The Secretary of the Treasury (hereafter in this Act referred to as the "Secretary") shall mint and issue the following coins: (1) $5 GOLD COINS.— Not more than 100,000 $5 coins, which shall— (A) weigh 8.359 grams; (B) have a diameter of 0.850 inches; and (C) contain 90 percent gold and 10 percent alloy. (2) $1 SILVER COINS.— Not more than 500,000 $1 coins, which shall— (A) weigh 26.73 grams; (B) have a diameter of 1.500 inches; and (C) contain 90 percent silver and 10 percent copper. (b) BIMETALLIC COINS.— The Secretary may mint and issue not more than 200,000 $10 bimetallic coins of gold and platinum instead of the gold coins required under subsection (a)(1) in accordance with such specifications as the Secretary determines to be appropriate. (c) LEGAL TENDER. —The coins minted under this Act shall be legal tender, as provided in section 5103 of title 31, United States Code. SEC. 3. SOURCES OF BULUON. (a) PLATINUM AND GOLD. —The Secretary shall obtain platinum and gold for minting coins under this Act from available sources. (b) SILVER. — The Secretary may obtain silver for minting coins under this Act from stockpiles established under the Strategic and Critical Materials Stock Piling Act and from other available sources. SEC. 4. DESIGN OF COINS. (a) DESIGN REQUIREMENTS.— (1) IN GENERAL.— The design of the coins minted under this Act shall be emblematic of the Library of Congress. (2) DESIGNATION AND INSCRIPTIONS.—On each coin minted under this Act there shall be—