Page:United States Statutes at Large Volume 118.djvu/3909

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118 STAT. 3879 PUBLIC LAW 108–464—DEC. 21, 2004 (13) The Franklin Institute and four other major Franklin- related Philadelphia cultural institutions joined hands in 2000 to organize international programs to commemorate the forth- coming 300th anniversary of Franklin’s birth in 2006. (14) The Congress passed the Benjamin Franklin Tercente- nary Act in 2002, creating a panel of distinguished Americans, with its Secretariat in Philadelphia, to work with the private sector in recommending appropriate Tercentenary programs. SEC. 3. COIN SPECIFICATIONS. (a) DENOMINATIONS.—The Secretary of the Treasury (herein- after in this Act referred to as the ‘‘Secretary’’) shall mint and issue the following coins: (1) $1 SILVER COINS WITH YOUNGER FRANKLIN IMAGE ON OBVERSE.—Not more than 250,000 $1 coins bearing the designs specified in section 4(a)(2), each of 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. (2) $1 SILVER COINS WITH OLDER FRANKLIN IMAGE ON OBVERSE.—Not more than 250,000 $1 coins bearing the designs specified in section 4(a)(3), each of 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) 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 section 5136 of title 31, United States Code, all coins minted under this Act shall be considered to be numismatic items. (d) USE OF THE UNITED STATES MINT AT PHILADELPHIA, PENNSYLVANIA.—It is the sense of the Congress that the coins minted under this Act should be struck at the United States Mint at Philadelphia, Pennsylvania, to the greatest extent possible. 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 life and legacy of Benjamin Franklin. (2) $1 COINS WITH YOUNGER FRANKLIN IMAGE.— (A) OBVERSE.—The obverse of the coins minted under section 3(a)(1) shall bear the image of Benjamin Franklin as a young man. (B) REVERSE.—The reverse of the coins minted under section 3(a)(1) shall bear an image related to Benjamin Franklin’s role as a patriot and a statesman. (3) $1 COINS WITH OLDER FRANKLIN IMAGE.— (A) OBVERSE.—The obverse of the coins minted under section 3(a)(2) shall bear the image of Benjamin Franklin as an older man. (B) REVERSE.—The reverse of the coins minted under section 3(a)(2) shall bear an image related to Benjamin Franklin’s role in developing the early coins and currency of the new country. (4) DESIGNATION AND INSCRIPTIONS.—On each coin minted under this Act there shall be— VerDate 11-MAY-2000 13:54 Nov 10, 2005 Jkt 029194 PO 00000 Frm 00413 Fmt 6580 Sfmt 6581 C:\STATUTES\2004\29194PT4.001 APPS10 PsN: 29194PT4