Now, the Senate will pass the bill and the President will sign it into law. The bill has overwhelming support and will most likely pass into law easily.
H.R. 5872 is officially entitled the Boy Scouts of America Centennial Commemorative Coin Act and calls for 350,000 silver $1 coins to be minted in 2010. The collector coin would contain 90% silver and 10% copper.
Interestingly, $10 from the sale of each coin will go to the BSA which could result in $3.5 million in funds to the organization.
And, with virtually everything related to the Boy Scouts, there certainly is a differing opinion out there.
Last year, in 2007, a 50p commemorative coin was issued by the Royal Mint in England to recognize the 100th anniversary of the world scouting movement.
Scouting was begun in England in 1907 by Lord Baden-Powell and quickly spread around the world.
Many other countries have issued coins to honor the Scouting Movement as well.
This Turkish Scouting coin recognizes Boy Scouts and Girl Guides. There were only 5000 of them minted.
Australia is celebrating their Scouting centenary this year in 2008. The country has actually declared 2008 to be the Year of the Scout.
To keep the party rolling along, the Aussies have quite a selection of souvenirs. The Australia Post has issued three cool scouting stamps.
The Royal Australian Mint has issued this $5 commemorative coin, $10 commemorative coin, $.50 commemorative coin, and a $1 circulatory coin.
You can read more about the coins, including prices and volumes minted. The commemorative coins have very low volumes, making them quite valuable.
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