S.633 - Presidential and First Spouse Coin Act of 2025 (119th Congress)
Summary
S.633, the Presidential and First Spouse Coin Act of 2025, mandates the Secretary of the Treasury to mint and issue $1 coins honoring deceased US Presidents and bullion coins or bronze medals emblematic of their spouses. This bill amends Title 31 of the United States Code, specifically Section 5112, to accommodate these new coin designs. The coins are to be issued within three years of a president's death and are considered legal tender and numismatic items.
Expected Effects
The bill will result in the creation and distribution of new collectible coins, potentially generating revenue for the government through numismatic sales. It also ensures the continuation of existing presidential coin programs. The bill does not appear to have any immediate or substantial impact beyond the numismatic community.
Potential Benefits
- Increased interest in US history and the presidency through tangible collectibles.
- Potential revenue generation for the government through the sale of these coins to collectors.
- Honors deceased presidents and their spouses, preserving their legacy.
- Provides collectors with new numismatic items to acquire.
- Supports the US Mint's operations and potentially creates related jobs.
Most Benefited Areas:
Potential Disadvantages
- Minimal direct economic impact beyond the numismatic market.
- Potential for increased workload and costs for the US Mint.
- The focus on deceased presidents might be seen as backward-looking rather than addressing current issues.
- The value of these coins as legal tender is negligible, primarily serving as collectibles.
- May divert resources from other pressing needs within the Treasury Department.
Constitutional Alignment
The bill aligns with the constitutional power of Congress to coin money and regulate the value thereof, as outlined in Article I, Section 8, Clause 5. The act does not infringe upon any specific constitutional right or freedom. The bill's purpose is primarily commemorative and revenue-generating, falling within the established powers of Congress.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).