# Plain Language Summary: Greatest Generation Commemorative Coin Act

The federal government is going to create special commemorative coins honoring the National World War II Memorial in Washington, DC. The Treasury Department will mint three types of coins in 2023: gold $5 coins (limited to 50,000), silver $1 coins (limited to 400,000), and half-dollar clad coins (limited to 750,000). These aren't regular coins for everyday use—they're collector's items made to higher quality standards and sold at premium prices to people who want them as keepsakes or investments.

When you buy one of these coins, you'll pay more than its face value. You'll pay the actual value of the precious metal inside, plus a surcharge that goes to support the World War II Memorial. For example, if you buy a $5 gold coin, you might pay around $40 or more depending on gold prices and production costs. The surcharges are $35 per gold coin, $10 per silver coin, and $5 per half-dollar coin. All the money from these surcharges goes directly to the Friends of the National World War II Memorial organization to help maintain the memorial, make repairs, and fund educational programs.

For most Americans, this bill has little direct impact unless you're interested in collecting commemorative coins. The government is essentially creating a fundraising tool for the World War II Memorial while ensuring it doesn't cost taxpayers anything—the coins are designed to be sold at prices that cover all production costs plus generate donations for the memorial's upkeep. The coins will only be available for one year, starting January 1, 2023, which makes them potentially more valuable to collectors since the supply is limited.

Greatest Generation Commemorative Coin Act

Kaptur, Marcy

National World War II Memorial Commemorative Coin Act This bill directs the Department of the Treasury to mint and issue up to&nbsp;50,000 $5 coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins in commemoration of the National World War II Memorial in the District of Columbia. The design of the coins shall be emblematic of the memorial and the service and sacrifice of American soldiers and civilians during World War II. All surcharges received from the sale of such coins shall be paid to the Friends of the National World War II Memorial to support the National Park Service in maintaining and repairing the memorial, and for educational and commemorative programs.