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Coin Value Limit: Maximum $200 Per Coin

A new bill proposes to limit the face value of coins minted by the government. This means no new coin can be issued with a value exceeding $200. This change could affect coin collectors and future special coin editions.
Key points
Establishes a $200 limit on the face value of any newly minted coin.
Applies to all types of coins, including platinum coins.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_440
Sponsor: Rep. Timmons, William R. IV [R-SC-4]
Process start date: 2023-01-20
Lustra uses Artificial Intelligence. Verify details in source documents.
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 118_HR_440.

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 2023-01-20.

What are the main provisions?

Key points include:

  • Establishes a $200 limit on the face value of any newly minted coin.
  • Applies to all types of coins, including platinum coins.
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 2025-12-25.

CATEGORIES

Economy