25th Anniversary of 9/11 Commemorative Coin Act
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Would direct the Secretary of the Treasury to mint up to 50,000 commemorative $5 gold coins and 400,000 $1 silver coins marking the 25th anniversary of the September 11, 2001, terrorist attacks, with surcharges from coin sales going to the National September 11 Memorial and Museum at the World Trade Center.
What this bill would do
What it would do
The bill would require the Secretary of the Treasury to mint and issue two denominations of commemorative legal-tender coins — a $5 gold coin (up to 50,000) and a $1 silver coin (up to 400,000) — to mark the 25th anniversary of the 9/11 attacks and the establishment of the National September 11 Memorial and Museum. Designs would be emblematic of the courage, sacrifice, and resilience associated with the attacks; at least one coin must bear the inscription "Never Forget." Congress expresses the sense that the coins should be struck at the United States Mint at West Point. Sales would include surcharges of $35 per gold coin and $10 per silver coin, with proceeds paid to the Memorial and Museum for operations and maintenance.
The bill would not appropriate general Treasury funds. It requires the program to be entirely self-funding: no surcharge proceeds may be disbursed to the Memorial and Museum until all minting costs are fully recovered by the Treasury. If issuing the coins would cause the number of commemorative coin programs in a given year to exceed the two-program annual statutory limit, no surcharge may be included for those coins.
Key provisions
- 1Would direct the Secretary of the Treasury to mint up to 50,000 $5 gold coins and up to 400,000 $1 silver coins commemorating the 25th anniversary of the September 11, 2001, attacks.
- 2Would require coin designs to be emblematic of courage, sacrifice, and resilience tied to 9/11; at least one coin must bear the inscription 'Never Forget.'
- 3Would limit issuance to a one-year period beginning January 1, 2028; coins may be issued in uncirculated and proof qualities.
- 4Would impose surcharges of $35 per $5 gold coin and $10 per $1 silver coin, with all surcharge proceeds paid to the National September 11 Memorial and Museum for operations and maintenance.
- 5Would prohibit disbursement of any surcharge proceeds to the Memorial and Museum until all minting, design, and issuance costs are fully recovered by the U.S. Treasury.
Who would be affected
The National September 11 Memorial and Museum at the World Trade Center, which would receive surcharge proceeds for operations and maintenance. Coin collectors and members of the public who purchase the commemorative coins. The U.S. Mint at West Point, which Congress suggests should strike the coins. The Commission of Fine Arts and the Citizens Coinage Advisory Committee, which would be consulted on coin design.
Why it matters
The Memorial and Museum, which relies on non-federal revenue, would receive surcharge proceeds to support ongoing operations. The self-funding requirement means federal taxpayers bear no net cost. Collectors purchasing the coins would pay a premium above face value, with that premium directed entirely to the commemorative institution rather than the general Treasury.
What would change
Agencies directed to act
Effective dates
- One-year coin issuance window opens
Funding and costs
- $35 per coin
Surcharge on each $5 gold coin sold, paid to the National September 11 Memorial and Museum
- $10 per coin
Surcharge on each $1 silver coin sold, paid to the National September 11 Memorial and Museum
How implementation would work
The Secretary of the Treasury would select coin designs after consulting with the National September 11 Memorial and Museum and the Commission of Fine Arts, with review by the Citizens Coinage Advisory Committee. Coins may only be issued during a one-year window beginning January 1, 2028. The Secretary may accept prepaid orders before issuance and must offer bulk-sale discounts. Surcharge proceeds are transferred promptly to the Memorial and Museum once all design and production costs are recovered. The Memorial and Museum must submit to audits under 31 U.S.C. § 5134(f)(2) on funds received.
Legislative status & sources
Latest action
Received in the Senate.
Official CRS summary
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This bill directs the Department of the Treasury to mint and issue coins to commemorate the 25th anniversary of the September 11, 2001, terrorist attacks on the United States and the establishment of the National September 11 Memorial and Museum at the World Trade Center.
The sale of all coins issued under this bill must include a surcharge to be paid to the National September 11 Memorial and Museum at the World Trade Center to support operations and maintenance. However, if the issuance of this commemorative coin exceeds certain annual limits, no surcharge may be included.
Legislative subjects
Currency; Finance and Financial Sector; Museums, exhibitions, cultural centers; Terrorism; U.S. history; User charges and fees