# What the LA28 Olympic Commemorative Coin Bill Actually Does

The federal government is being asked to create special coins celebrating the 2028 Olympic and Paralympic Games coming to Los Angeles. The Treasury Department would mint four different types of coins—gold coins worth $5, silver coins worth $1, half-dollar coins, and large proof silver coins—with designs featuring U.S. Olympic athletes. These coins would be legal tender but are really meant as collectibles that people can buy as souvenirs or investments, similar to commemorative coins the government has released for other major events.

Here's the practical part: when you buy one of these coins, you're paying more than its face value. For example, a $5 gold coin might cost you $40 or more because you're also paying a surcharge—an extra fee added on top. That surcharge ranges from $5 for a half-dollar coin up to $50 for the fancy proof silver coins. The Treasury keeps enough money from these sales to cover all the costs of designing and making the coins, and then sends the remaining surcharge money to the U.S. Olympic and Paralympic Committee to help fund youth sports programs and support the 2028 Games.

The coins would only be available for one year starting January 1, 2028, so they'd be limited-time items. The government is essentially using this as a way to raise money for Olympic-related activities without spending taxpayer dollars—people who want the coins pay for them voluntarily. If you're not interested in Olympic memorabilia, this doesn't really affect you. But if you like collecting coins or want to support youth sports programs, buying these coins would be one way to do both.

LA28 Olympic and Paralympic Games Commemorative Coin Act

Sherman, Brad

LA28 Olympic and Paralympic Games Commemorative Coin Act This bill directs the Department of the Treasury to mint coins in commemoration of the 2028 Olympic and Paralympic Games in Los Angeles, California. All surcharges received by Treasury from the sale of the coins shall be promptly paid by Treasury to the United States Olympic and Paralympic Properties for the objects and purposes related to the hosting of the 2028 Olympic and Paralympic Games and to aid in the execution of its legacy programs, including the promotion of youth sports in the United States. Treasury is encouraged to develop and execute a marketing and educational program to promote and sell the coins.