Boy Scouts of America’s Centennial Commemorative Coin Receives Presidential Approval

[fgoodwin 23]

Boy Scouts of Americas Centennial Commemorative Coin Receives Presidential Approval

 

http://www.scouting.org/Media/PressReleases/2008/20081020.aspx

 

Scouting Activities in Underserved Areas to Benefit from Share of Proceeds

 

DALLAS, October 16, 2008President Bush recently signed into law the Boy Scouts of America Centennial Commemorative Coin Act (H.R. 5872) which authorizes the minting of 350,000 silver dollar coins in recognition of BSAs 100th Anniversary in 2010. Only two commemorative coins are selected for U.S. Mint production each year, and minting of the coins for 2010 will occur between February 8, 2010 and January 1, 2011. For each coin sold, there is a $10 surcharge representing a $3,500,000 donation that will be made available to local councils in the form of grants for the extension of Scouting in hard to serve areas.

 

It is a great honor for the Scouts to be recognized with this Centennial Commemorative coin. We thank the President, the House and the Senate, especially Congressman Sessions and Senator Sessions for their support, said Bob Mazzuca, Chief Scout Executive, Boy Scouts of America. This is a treasured moment in the history of our organization and we are grateful for the millions of Scouts and volunteers who have served as the foundation of our success for nearly 100 years.

 

The act received strong bipartisan support from both the House and the Senate. Introduced earlier this year to Congress by Congressman Pete Sessions (R-TX), an Eagle Scout with four generations of Boy Scouts in his family, the act received overwhelming approval with 403 Members of Congress voting for it. Boy Scouts are a significant part of American culture, shaping the values, citizenship, and skills of millions of young men, Congressman Pete Sessions stated. From conservation to character building, the Boy Scouts 100th Anniversary celebrates the highest Scouting ideals of helping others and making communities stronger.

 

Senator Jeff Sessions (R-AL), who also is an Eagle Scout, was the Senate sponsor of this legislation, which passed by unanimous consent on September 27, 2008. I am pleased that the Senate has approved this legislation to mint a commemorative coin celebrating an important mark in the Boy Scouts history. Scouting has been a positive influence on millions of young men across the country, said Senator Sessions.

 

H.R. 5872 legislation states that the commemorative coin must be emblematic of the 100 years of the largest youth organization in the United States, the Boy Scouts of America. The act also outlines other design mandates of the silver dollar including that it must show its designated value, the year 2010 and have inscriptions of the words Liberty, In God We Trust, and E Pluribus Unum. The coin will weigh 26.73 grams, have a diameter of 1.5 inches and contain 90 percent silver and 10 percent copper. The design will be selected by the Secretary of the Treasury after consultation with Chief Scout Executive Bob Mazucca and the Commission of Fine Arts. The selected coin design will also be reviewed by the Citizens Coinage Advisory Committee.

[SctDad 10]

Sounds like a nice collectors item, I look foward to getting some of them.