Sessions Statement on the Breast Cancer Awareness Commemorative Coin
WASHINGTON, D.C.- U.S. Congressman Pete Sessions, Chairman of the House Committee on Rules, released the following statement applauding the release of the design for the Breast Cancer Awareness Commemorative Coin. In 2015, Congressman Sessions joined Congresswoman Carolyn Maloney (NY-12) in ushering H.R. 2722, the Breast Cancer Awareness Commemorative Coin Act, through the House and working with Senator Heidi Heitkamp (ND) and former Senator Kelly Ayotte (NH) to pass the same measure in the Senate where it was then sent to the President’s desk and was signed into law on April 29, 2016. This week the Director of the U.S. Mint Office of Design and Management formally unveiled the design for the coin that will be for sale in 2018.
““After two years of hard work, I am delighted that this coin has finally become a reality,” said Congressman Pete Sessions. “I am honored to have led this initiative with Congresswoman Carolyn Maloney to support the efforts of the Breast Cancer Research Foundation and help raise millions of dollars for research. This heartbreaking disease has taken the lives of far too many of our wives, mothers, sisters, family members, and friends, but with this new coin, we can hopefully defeat breast cancer once and for all.”
Background Information on the Breast Cancer Awareness Commemorative Coin Act
The Breast Cancer Awareness Commemorative Coin Act instructs the U.S. Mint to conduct a nationwide competition to solicit proposals from artists and select a final design. Phase One of the competition closed on October 17, 2016. Artists age 18 and older were asked to submit portfolios of their prior work. From these entries, 20 applicants were chosen for Phase Two, where they were paid a stipend of $1,000 to submit designs for the obverse and reverse of the coins.
The Breast Cancer Awareness Commemorative Coin Act directs the U.S. Treasury to issue up to 50,000 $5 “pink gold” coins, up to 400,000 $1 silver coins and 750,000 half-dollar clad coins with a design to symbolize the fight against breast cancer during 2018. The production cost of these coins will be fully covered in the sales price, and the proceeds will benefit the Breast Cancer Research Foundation. No taxpayer money will be used in the production or sale of the coin.