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Coin Value Limit: Maximum $200 Per Coin.

This bill aims to set a limit on the face value of coins that can be minted and issued by the government. It means no new coin will be allowed to have a nominal value exceeding $200. This change could affect coin collectors and future special coin issues.
Key points
Establishes a $200 limit on the face value of any newly minted coin.
The Secretary of the Treasury will be prohibited from issuing coins with a value higher than $200.
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Expired
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Additional Information
Print number: 117_HR_5472
Sponsor: Rep. Timmons, William R. IV [R-SC-4]
Process start date: 2021-09-30
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Cancel the Coin Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_5472.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-09-30.

What are the main provisions?

Key points include:

  • Establishes a $200 limit on the face value of any newly minted coin.
  • The Secretary of the Treasury will be prohibited from issuing coins with a value higher than $200.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Timmons, William R. IV [R-SC-4].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy