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Coin collecting, coin commentary, coin images, and coin values for the passionate and the not-so-passionate coin collector
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What is in the name?
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1999 Dolley Madison Commemorative Coin
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CoinTrapTM Commentary: Celebrating one of the most beloved first ladies in US history, Dolley Madison, and 150 years from her death, the US Mint produced 500,000 Dolley Madison Commemorative silver coins. Dolley was the wife of the fourth president of the United States, James Madison.
The obverse of the coin features an image of Dolley and the reverse depicts an image of Montpelier, home of Dolley and James Madison, with willows trees and other foliage in the scenery.
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Coin Value: What is the value of your Dolley Madison Commemorative Coin? Well, as is most often the case: it depends. The Dolley Madison Commemorative coin worth or value depends on these main factors: (1) your coin’s grade, (2) whether it is a proof coin (Deep Cameo or DCAM) having a mirror-like polished finish, and (3) scarcity/demand. Regarding your coin’s grade, it has become a standard in the field of numismatics (coin collecting) to grade coins on a point-scale from 1 (poor) to 70 (perfect). This is also referred to as the “Mint State” or just “MS” for short. Click here to find the up-to-date estimated value of your 1999 Dolley Madison Commemorative Silver $1 coin from the Professional Coin Grading Service (PCGS®), which takes all three factors mentioned above into account*. If you do not know the grade of your Dolley Madison Commemorative silver coin, you can take it to your local coin dealer and ask that they have it graded at one of the three major coin grading services.
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Obverse - 1999 Dolley Madison Commemorative Silver Coin
Engraver: James Ferrell
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Reverse - 1999 Dolley Madison Commemorative Silver Coin
Engraver: Thomas D. Rogers
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United States Mint images. CoinTrap.com is not affiliated with the United States Government in any way. Click here for terms and conditions.
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[[Page 110 STAT. 4005]]
Public Law 104-329 104th Congress
An Act
To establish United States commemorative coin programs, and for other purposes. <<NOTE: Oct. 20, 1996 - [H.R. 1776]>>
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, <<NOTE: United States Commemorative Coin Act of 1996.>>
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
<<NOTE: 31 USC 5101 note.>> (a) Short Title.--This Act may be cited as the ``United States Commemorative Coin Act of 1996''.
(b) Table of Contents.--The table of contents for this Act is as follows:
Sec. 1. Short title; table of contents. Sec. 2. Definitions.
TITLE I--COMMEMORATIVE COIN PROGRAMS
Sec. 101. Commemorative coin programs. Sec. 102. Design. Sec. 103. Legal tender. Sec. 104. Sources of bullion. Sec. 105. Quality of coins. Sec. 106. Sale of coins. Sec. 107. General waiver of procurement regulations. Sec. 108. Financial assurances.
TITLE II--NATIONAL LAW ENFORCEMENT OFFICERS MEMORIAL MAINTENANCE FUND
Sec. 201. National Law Enforcement Officers Memorial Maintenance Fund.
TITLE III--STUDY OF FIFTY STATES COMMEMORATIVE COIN PROGRAM
Sec. 301. Short title. Sec. 302. Study. Sec. 303. Fixed terms for members of the Citizens Commemorative Coin Advisory Committee. Sec. 304. Mint managerial staffing reform.
<<NOTE: 31 USC 5112 note.>> SEC. 2. DEFINITIONS.
For purposes of this Act-- (1) the term ``Fund'' means the National Law Enforcement Officers Memorial Maintenance Fund established under section 201; (2) the term ``recipient organization'' means an organization described in section 101 to which surcharges received by the Secretary from the sale of coins issued under this Act are paid; and (3) the term ``Secretary'' means the Secretary of the Treasury.
[[Page 110 STAT. 4006]]
<<NOTE: 31 USC 5112 note.>> TITLE I--COMMEMORATIVE COIN PROGRAMS
SEC. 101. COMMEMORATIVE COIN PROGRAMS.
In accordance with the recommendations of the Citizens Commemorative Coin Advisory Committee, the Secretary shall mint and issue the following coins: (1) Dolley madison.-- (A) In general.--In commemoration of the 150th anniversary of the death of Dolley Madison, the Secretary shall mint and issue not more than 500,000 $1 coins, each of which shall-- (i) weigh 26.73 grams; (ii) have a diameter of 1.500 inches; and (iii) contain 90 percent silver and 10 percent
copper. (B) Design of coins.--The design of the coins minted under this paragraph shall be emblematic of the 150th anniversary of the death of Dolley Madison and the life and achievements of the wife of the fourth President of the United States. (C) Mint facility.--Only 1 facility of the United States Mint may be used to strike any particular quality of the coins minted under this paragraph. (D) Issuance of coins.-- (i) Commencement of issuance.--The Secretary may issue coins minted under this paragraph beginning January 1, 1999. (ii) Termination of minting authority.--No coins may be minted under this paragraph after December 31, 1999. (E) Surcharges.--All sales of the coins issued under this paragraph shall include a surcharge of $10 per coin. (F) Distribution of surcharges.--Subject to section 5134(f) of title 31, United States Code (as added by section 301(b) of this Act), all surcharges received by the Secretary from the sale of coins issued under this paragraph shall be promptly paid by the Secretary to the National Trust for Historic Preservation in the United States (hereafter in this paragraph referred to as the ``National Trust'') to be used-- (i) to establish an endowment to be a permanent source of support for Montpelier, the home of James and Dolley Madison and a museum property of the National Trust; and (ii) to fund capital restoration projects at Montpelier. . . . [[Page 110 STAT. 4007]]
(C) Mint facility.--Only 1 facility of the United States Mint may be used to strike any particular quality of the coins minted under this paragraph. (D) Issuance of coins.-- (i) Commencement of issuance.--The Secretary may issue coins minted under this paragraph beginning May 1, 1999. (ii) Termination of minting authority.--No coins may be minted under this paragraph after November 31, 1999. (E) Surcharges.--All sales of coins minted under this paragraph shall include a surcharge of $35 per coin. (F) Distribution of surcharges.--Subject to section 5134(f) of title 31, United States Code (as added by section 301(b) of this Act), all surcharges received by the Secretary from the sale of coins issued under this paragraph shall be promptly paid by the Secretary to the Mount Vernon Ladies' Association (hereafter in this paragraph referred to as the ``Association'') to be used-- (i) to supplement the Association's endowment for the purpose of providing a permanent source of support for the preservation of George Washington's home; and (ii) to provide financial support for the continuation and expansion of the Association's efforts to educate the American people about the life of George Washington. . . . [[Page 110 STAT. 4010]]
SEC. 102. DESIGN.
(a) Selection.--The design for each coin issued under this paragraph shall be-- (1) selected by the Secretary after consultation with the appropriate recipient organization or organizations and the Commission of Fine Arts; and (2) reviewed by the Citizens Commemorative Coin Advisory Committee.
(b) Designation and Inscriptions.--On each coin issued under this paragraph there shall be-- (1) a designation of the value of the coin; (2) an inscription of the year; and (3) inscriptions of the words ``Liberty'', ``In God We Trust'', ``United States of America'', and ``E Pluribus Unum''.
SEC. 103. LEGAL TENDER.
(a) Legal Tender.--The coins issued under this title shall be legal tender, as provided in section 5103 of title 31, United States Code. (b) Numismatic Items.--For purposes of section 5134(f) of title 31, United States Code, all coins minted under this title shall be considered to be numismatic items.
SEC. 104. SOURCES OF BULLION.
(a) Gold.--The Secretary shall obtain gold for minting coins under this title pursuant to the authority of the Secretary under other provisions of law. (b) Silver.--The Secretary shall obtain silver for minting coins under this title from sources the Secretary determines to be appropriate, including stockpiles established under the Strategic and Critical Materials Stock Piling Act.
SEC. 105. QUALITY OF COINS.
Each coin minted under this title shall be issued in uncirculated and proof qualities.
SEC. 106. SALE OF COINS.
(a) Sale Price.--Each coin issued under this title shall be sold by the Secretary at a price equal to the sum of-- (1) the face value of the coin; (2) the surcharge provided in section 101 with respect to the coin; and (3) the cost of designing and issuing the coin (including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping).
[[Page 110 STAT. 4011]]
(b) Prepaid Orders.-- (1) In general.--The Secretary shall accept prepaid orders for the coins minted under this title before the issuance of such coins. (2) Discount.--Sale prices with respect to prepaid orders under paragraph (1) shall be at a reasonable discount.
SEC. 107. GENERAL WAIVER OF PROCUREMENT REGULATIONS.
Section 5112(j) of title 31, United States Code, shall apply to the procurement of goods or services necessary to carrying out the programs and operations of the United States Mint under this title.
SEC. 108. FINANCIAL ASSURANCES.
(a) No Net Cost to the Government.--The Secretary shall take such actions as may be necessary to ensure that minting and issuing coins under this title will not result in any net cost to the United States Government. (b) Payment for Coins.--A coin shall not be issued under this title unless the Secretary has received-- (1) full payment for the coin; (2) security satisfactory to the Secretary to indemnify the United States for full payment; or (3) a guarantee of full payment satisfactory to the Secretary from a depository institution whose deposits are insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration Board.
TITLE II--NATIONAL LAW EN- FORCEMENT OFFICERS MEMORIAL MAINTENANCE FUND
<<NOTE: 16 USC 431 note.>> SEC. 201. NATIONAL LAW ENFORCEMENT OFFICERS MEMORIAL MAINTENANCE FUND.
(a) Establishment.-- (1) In general.--There is established the National Law Enforcement Officers Memorial Maintenance Fund, which shall be a revolving fund administered by the Secretary of the Interior (or the designee of the Secretary of the Interior). (2) Funding.--Amounts in the Fund shall include-- (A) amounts deposited in the Fund under section 101(6); and (B) any donations received under paragraph (3). (3) Donations.--The Secretary of the Interior may accept donations to the Fund. (4) Interest-bearing account.--The Fund shall be maintained in an interest-bearing account within the Treasury of the United States.
(b) Purposes.--The Fund shall be used-- (1) for the maintenance and repair of the National Law Enforcement Officers Memorial in Washington, D.C.; (2) to periodically add the names of law enforcement officers who have died in the line of duty to the National Law Enforcement Officers Memorial;
[[Page 110 STAT. 4012]]
(3) for the security of the National Law Enforcement Officers Memorial site, including the posting of National Park Service rangers and United States Park Police, as appropriate; (4) at the discretion of the Secretary of the Interior and in consultation with the Secretary and the Attorney General of the United States, who shall establish an equitable procedure between the Fund and such other organizations as may be appropriate, to provide educational scholarships to the immediate family members of law enforcement officers killed in the line of duty whose names appear on the National Law Enforcement Officers Memorial, the total annual amount of such scholarships not to exceed 10 percent of the annual income of the Fund; (5) for the dissemination of information regarding the National Law Enforcement Officers Memorial to the general public; (6) to administer the Fund, including contracting for necessary services, in an amount not to exceed the lesser of-- (A) 10 percent of the annual income of the Fund; or (B) $200,000 during any 1-year period; and (7) at the discretion of the Secretary of the Interior, in consultation with the Fund, for appropriate purposes in the event of an emergency affecting the operation of the National Law Enforcement Officers Memorial, except that, during any 1- year period, not more than $200,000 of the principal of the Fund may be used to carry out this paragraph.
(c) Budget and Audit Treatment.--The Fund shall be subject to the budget and audit provisions of chapter 91 of title 31, United States Code.
<<NOTE: 50 States Commemorative Coin Program Act.>> TITLE III--STUDY OF FIFTY STATES COMMEMORATIVE COIN PROGRAM
<<NOTE: 31 USC 5101 note.>> SEC. 301. SHORT TITLE.
This title may be cited as the ``50 States Commemorative Coin Program Act''.
<<NOTE: 31 USC 5112 note.>> SEC. 302. STUDY.
(a) Study.--The Secretary of the Treasury shall by June 1, 1997 complete a study of the feasibility of a circulating commemorative coin program to commemorate each of the 50 States. The study shall assess likely public acceptance of and consumer demand for different coins that might be issued in connection with such a program (taking into consideration the pace of issuance of coins and the length of such a program), a comparison of the costs of producing coins issued under the program and the revenue that the program would generate, the impact on coin distribution systems, the advantages and disadvantages of different approaches to selecting designs for coins in such a program, and such other factors as the Secretary considers appropriate in deciding upon the feasibility of such a program. No steps taken in order to gather information for this study shall be considered a collection of information within the meaning of section 3502 of title 44, United States Code.
[[Page 110 STAT. 4013]]
(b) Report.--The Secretary shall submit the study required in subsection (a) above, to the Committee on Banking and Financial Services of the House of Representatives and the Committee on Banking, Housing and Urban Affairs of the Senate, simultaneously on its receipt by the Secretary. (c) 50-State Commemorative Coin Program.--The Secretary shall determine by August 1, 1997 whether the results of the study authorized by subsection (a) justify such a program. If the Secretary determines that such a program is justified, then he shall by January 1, 1999, notwithstanding the fourth sentence of subsection (d)(1) and subsection (d)(2) of section 5112, title 31, United States Code, commence a commemorative coin program consisting of the minting and issuance of quarter dollar coins bearing designs, selected in accordance with paragraph (4) of this subsection, which are emblematic of the 50 States. <<NOTE: Notification.>> If the Secretary determines that such a commemorative coin program is justified but that it is not practicable to commence the program by January 1, 1999, then he shall notify the Committee on Banking and Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate of such impracticability and of the date on which the program will commence. (1) Design.--The design for each quarter dollar issued under the program shall be emblematic of 1 of the 50 States. The designs for quarter dollar coins issued during each year of the program shall be emblematic of States which have not previously been commemorated under the program. (2) Order of issuance.--Each State will be honored by a coin in the order of that State's admission to the United States. (3) Number of coins.--Of the quarter dollar coins issued during each year of the program, the Secretary shall prescribe, on the basis of such factors as the Secretary determines to be appropriate, the number of quarter dollar coins which shall be issued with each of the designs selected for such year. (4) Selection of design.--Each of the 50 designs required for quarter dollars issued under the program shall be-- (A) selected pursuant to a process, decided upon by the Secretary, on the basis of the study conducted pursuant to subsection (a), which process shall involve, among other things, consultation with appropriate officials of the State being commemorated with such design; and (B) reviewed by the Citizens Commemorative Coin Advisory Committee and the Commission of Fine Arts. (5) Treatment as numismatic items.--For purposes of sections 5134 and 5136 of title 31, United States Code, all coins minted under this section shall be considered to be numismatic items.
[[Page 110 STAT. 4014]]
(6) Numismatic items.-- (A) Quality of coins.--The Secretary may mint and issue such number of quarter dollars of each design selected under paragraph (4) of this subsection in uncirculated and proof qualities as the Secretary determines to be appropriate. (B) Silver coins.--Notwithstanding the provisions of subsection 5112(b) of title 31, United States Code, the Secretary may mint and issue such number of quarter dollars of each design selected under paragraph (4) of this subsection as the Secretary determines to be appropriate with a content of 90 percent silver and 10 percent copper. (C) Sources of bullion.--The Secretary may obtain silver for minting coins under paragraph (6)(B) from stockpiles established under the Strategic and Critical Materials Stock Piling Act.
(d) Funding.--Funds used to complete this study shall be offset from funds from the Department of the Treasury.
SEC. 303. FIXED TERMS FOR MEMBERS OF THE CITIZENS COMMEMORATIVE COIN ADVISORY COMMITTEE.
(a) In General.--Section 5135(a)(4) of title 31, United States Code, is amended to read as follows: ``(4) Terms.-- ``(A) In general.--Each individual appointed to the Advisory Committee under clause (i) or (iii) of paragraph (3)(A) shall be appointed for a term of 4 years. ``(B) Interim appointments.--Any member appointed to fill a vacancy occurring before the expiration of the term for which such member's predecessor was appointed shall be appointed only for the remainder of such term. ``(C) Continuation of service.--Each member appointed under clause (i) or (iii) of paragraph (3)(A) may continue to serve after the expiration of the term to which such member was appointed until a successor has been appointed and qualified.''.
<<NOTE: 31 USC 5135 note.>> (b) Staggered Terms.--Of the members appointed to the Citizens Commemorative Coin Advisory Committee under clause (i) or (iii) of section 5135(a)(3)(A) of title 31, United States Code, who are serving on the Advisory Committee as of the date of the enactment of this Act-- (1) 1 member appointed under clause (i) and 1 member appointed under clause (iii), as designated by the Secretary, shall be deemed to have been appointed to a term which ends on December 31, 1997; (2) 1 member appointed under clause (i) and 1 member appointed under clause (iii), as designated by the Secretary, shall be deemed to have been appointed to a term which ends on December 31, 1998; and (3) 1 member appointed under clause (i) and 1 member appointed under clause (iii), as designated by the Secretary, shall be deemed to have been appointed to a term which ends on December 31, 1999.
[[Page 110 STAT. 4015]]
<<NOTE: 31 USC 5135 note.>> (c) Status of Members.--The members appointed to the Citizens Commemorative Coin Advisory Committee under clause (i) or (iii) of section 5135(a)(3)(A) of title 31, United States Code, shall not be treated as special Government employees.
SEC. 304. MINT MANAGERIAL STAFFING REFORM.
Section 5131 of title 31, United States Code, is amended-- (1) by striking subsection (c); and (2) by redesignating subsection (d) as subsection (c).
Approved October 20, 1996.
LEGISLATIVE HISTORY--H.R. 1776: ---------------------------------------------------------------------------
Sept. 17, considered and passed House. Oct. 3, considered and passed Senate, amended. Oct. 4, House concurred in Senate amendments.
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* CoinTrapTM is not affiliated with the PCGS®. By clicking on the link above, you are opening a browser window containing content provided by a third party website and you will be subject to any terms and conditions as set forth on that website.
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