Skip to main content
S 2330 97th Congress Senate

American Eagle Gold Coin Act of 1982

Official title: A bill to provide for the minting of the American Eagle gold coin pursuant to article I, section 8 of the Constitution of the United States.

Introduced: April 1, 1982 See on congress.gov
Finance and Financial Sector Coins and coinageGoldMonetary policyMoney
Sign in to write a letter Sign in to watch
This bill died when the 97th Congress ended
It never became law before the 97th Congress (1981–1982) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 7, 1982
Committee on Finance requested executive comment from OMB; Treasury Department.
Apr 1, 1982
Introduced in Senate
Apr 1, 1982
Read twice and referred to the Committee on Finance.
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action April 7, 1982

Committee on Finance requested executive comment from OMB; Treasury Department.

 Plain-English summary Congressional Research Service

American Eagle Gold Coin Act of 1982 - Directs the Secretary of the Treasury to mint gold coins to be referred to as "American Eagles."

Sets forth the specifications for four types of such gold coins.

Declares that coins minted under this Act shall not be legal tender for public debts, public charges, taxes, duties or dues, but may be used for the payment of private debts.

Sets forth the dates by which the Secretary shall begin delivery of such coins.

Sets forth the formula by which the Secretary shall determine the daily price of such coins.

Grants the Secretary the power to: (1) adjust the seigniorage charge on the sale of all such coins to finance the expenses of minting, delivering, and distributing them; and (2) regulate or suspend the quantity of coins made available for distribution or suspend their sale.

Permits the exchange of gold bullion for such American Eagle coins. Permits the Secretary to prescribe necessary regulations.

Declares that any gain or loss derived from the sale, exchange, or other disposition of any coin authorized by this Act shall not be recognized as a capital gain or loss under any Federal, State, or local income tax.

Exempts the purchase or sale of any such coin from any Federal, State, or local sales, personal property, or excise tax.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Apr 1, 1982
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2330: American Eagle Gold Coin Act of 1982. 97th Congress. Open America. https://openamerica.io/bill/97-S-2330/
MLA
"S. 2330: American Eagle Gold Coin Act of 1982." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-S-2330/.
Bluebook (legal)
S. 2330, 97th Cong. (2026), https://openamerica.io/bill/97-S-2330/.
Markdown link
[S. 2330: American Eagle Gold Coin Act of 1982](https://openamerica.io/bill/97-S-2330/)
Report a problem