An Act to authorize the minting of gold bullion coins.

Be it in enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SHORT TITLE

Section 1. This Act may be cited as the “Gold Bullion Coin Act of 1985”.

MINTING GOLD BULLION COINS

Sec. 2.(a) Section 5112(a) of the title 31, United States Code, is amended by adding at the end thereof the following new paragraphs:

“(7) A fifty dollar gold coin that is 32.7 millimeters in diameter, weighs 33.931 grams, and contains one troy ounce of fine gold.

“(8) A twenty-five dollar gold coin that is 27.0 millimeters in diameter, weighs 16.996 grams, and contains one-half troy ounce of fine gold.

“(9) A ten dollar gold coin that is 22.0 millimeters in diameter, weighs 8.483 grams, and contains one-fourth troy ounce of fine gold.

“(10) A five dollar gold coin that is 16.5 millimeters in diameter, weighs 3.393 grams, and contains one-tenth troy ounce of fine gold.

(B) Section 5112 of title 31, United States Code, is amended by adding at the end thereof the following new subsection:

“(1) Notwithstanding section 5111 (a)(1) of this title, the Secretary shall mint and issue the gold coins described in paragraphs (7), (8,) (9), and (10) of subsection (a) of this section, in quantities sufficient to meet public demand, and such gold coins shall

“(a) have a design determined by the Secretary, except that the fifty dollar gold coin shall have – “(i) on the obverse side, a design symbolic of Liberty; and “(ii) on the reverse side, a design representing a FAMILY OF EAGLES, with the male carrying an olive branch and flying above a nest containing a female eagle and hatchlings;

“(b) have inscriptions of the denomination, the weight of the fine gold content, the year of minting or issuance, and the words ‘Liberty’, ‘In God We Trust’, ‘United States of America’, and ‘E Pluribus Unum’, and

“(c) have reeded edges.

“(2)(A) The Secretary shall sell the coins minted under this subsection to the public at a price equal to the market value of the bullion at the time of sale, plus the cost of minting, marketing, and distributing such coins (including labor, materials, dies, use of machinery, and promotional and overhead expenses).

“(b) The Secretary shall make bulk sales of the coins minted under this subsection at a reasonable discount.

“(3) For purposes of section 5132(a)(1) of this title, all coins minted under this subsection shall be considered to be numismatic items”.

(C) Section 5116(a) of title 31, United States Code, is amended by adding at the end thereof the following:

“(4) The Secretary shall acquire gold for the coins issued under section 5112(i) of this title by purchase of gold mined from natural deposits in the United States, or in a territory or possession of the United States, within one year after the month in which the ore from which it is derived was mined. The Secretary shall pay not more than the average world price for the gold. In the absence of available supplies of such gold at the average world price, the Secretary may use gold from reserves held by the United States to mint the coins issued under section 5112(i) of this title. The Secretary shall issue such regulations as may be necessary to carry out this paragraph”.

(D) Section 5118(b) of title 31, United States Code, is amended –

(1) in the first sentence, by striking out “or deliver”; and (2) in the second sentence, by inserting “(other than gold and silver coins)” before “that may be lawfully held”.

(E) The third sentence of section 5132(a)(1) of title 31, United States Code, is amended by striking out “minted under section 5112(a) of this title” and inserting in lieu thereof “minted under paragraphs (1) through (6) of section 5112(a) of this title”.

(F) Notwithstanding any other provision of law, an amount equal to the amount by which the proceeds from the sale of the coins issued under section 5112(i) of title 31, United States Code, exceed the sum of –

(1) the cost of minting, marketing, and distributing such coins, and

(2) the value of gold certificates (not exceeding forty-two and two-ninths dollars a fine troy ounce) retired from the use of gold contained in such coins, shall be deposited in the general fund of the Treasury and shall be used for the sole purpose of reducing the national debt.

(G) The Secretary shall take all actions necessary to ensure that the issuance of the coins minted under Section 5112(i) of title 31, United States Code, shall result in no net cost to the United States Government.

PUBLIC LAW 99-185—DEC. 17, 1985 99 STAT. 1179

EFFECTIVE DATE

Sec 3. This Act shall take effect on October 1, 1985 except that no coins may be issued or sold under section 5112(i) of title 31, United States Code, before October 1, 1986.

Logo design, in today’s world, can prove to be an important factor for the success of a business or organization. Everyday we come across plenty of different types of logos. Some of them are quite popular like the ones of Coca Cola, Nike etc. These logos are, in fact, so popular that the company and its products cannot even be visualized without their logo. Then there are some logos that might not be quite popular but definitely creates a long-lasting impression on the viewer. And then there are probably plenty of more logos which we overlook and forget. Whatever the case is, the bottom-line is almost every company, product, website or service today uses some sort of logo, designed to target specific audience or create an impact.

But we hardly know how the concept of logo came into being. We hardly try to find out where this concept was first started or who masterminded the design of the first ever logo. Well, there are some pretty interesting facts about the origin and history of logo design.

The history of logo design and logos dates back to Greece in ancient times. The word “logo”, derived from the original word “logotype” means a name, symbol or trademark designed for easy recognition. Logo design history had its beginning as a cipher consisting of a single letter, and later a design or mark consisting of two or more letters intertwined. The cipher may be either all the letters of a name, the initial letters, or the surname of a person for use on stationery, business cards, or elsewhere.

Many early Greek and Roman coins bear the monograms or logos of rulers or towns. The most famous of these early logos is the sacred monogram, which is formed by the conjunction of the first two Greek letters of XR, S, T, O, and S; (Christ), usually with the A (alpha) and O (omega) of the Apocalypse on each side of the coin. The logo design further developed during the middle ages with more artistic and innovative implementations and increased commercial use.

In the thirteenth century, logo design evolved from simple ciphers to trademarks for traders and merchants. These early examples of logo design include masons’ marks, goldsmith’s marks, paper maker’s watermarks and watermarks for the nobility.

The emergence of the information age changed the outlook of logo design. Today, the general public has become aware of visual symbols, especially those used as trademarks. It is important that the company logo look professional. Company logos are the face of the business, not only to the public, but to its employees and the company itself. Logos have become the front line of the company, the corporate identity.

The mark of a good logo is how well it carries the brand image of a company. Because of the diverse nature of products and services offered by many businesses today, the need for new, unique logos is even stronger. Since logos are the carrier of a company’s visual image, a top-class logo design becomes crucial. A professionally designed logo is a must for anyone who has a business or product that they want to promote via any medium.

Article Source: http://www.articlesbase.com/graphic-design-articles/logo-design-a-peek-into-its-origin-207949.html

About the Author:
This article is written by Ronn Jones, a marketing expert with years of experience in branding and internet marketing. Check out more information on logo design .

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American Numismatic Association C.A.R.E.
The ANA’s C.A.R.E. program was established to help make the industry safe for collectors and investors. It achieves this goal by arming both members and non-members with knowledge through their many educational resources, fraud alerts, and awareness outreach projects, and by serving as an advocate to the public through their loss alert/reward program, mediation services, and partnerships with local, national, and federal law enforcement agencies. Take C.A.R.E. (Consumer Awareness REsources)