The Gold Bullion Coin Act of 1985, Pub. L. No. 99-185, 99 Stat. 1177 (Dec. 17, 1985), codified at 31 U.S.C. § 5112(a)(7) through (a)(10), 31 U.S.C. § 5112(i), 31 U.S.C. § 5116(a)(3), and amending 31 U.S.C. § 5118(d) and 31 U.S.C. § 5132(a)(1), has helped the American Eagle Gold Bullion Coins to quickly become one of the world's leaders in gold bullion coin. Produced from gold mined in the United States, American Eagles are imprinted with their gold content and legal tender "face" value. The United States Code (U.S.C.) is a compilation and codification of the general and permanent federal Law of the United States. ... The United States Code (U.S.C.) is a compilation and codification of the general and permanent federal Law of the United States. ... The United States Code (U.S.C.) is a compilation and codification of the general and permanent federal Law of the United States. ... The United States Code (U.S.C.) is a compilation and codification of the general and permanent federal Law of the United States. ... The United States Code (U.S.C.) is a compilation and codification of the general and permanent federal Law of the United States. ... Legal tender or forced tender is payment that cannot be refused in settlement of a debt denominated in the same currency by virtue of law. ...

The act was signed by Ronald Reagan in 1985. One requirement is that all gold used in minting the coins would be from "newly mined domestic sources". Ronald Wilson Reagan, Hon GCB, (February 6, 1911 – June 5, 2004) was the 40th President of the United States (1981–1989) and the 33rd Governor of California (1967–1975). ...

Many people are unaware of the benefits of this measure. To a select few, reducing their tax liability ^{[citation needed]} and aiding in the reduction of the National Debt ^{[citation needed]} are realized. Government debt (public debt, national debt) is money owed by government, at any level (central government, federal government, national government, municipal government, local government, regional government). ...

For the complete text of the act, see "Gold Bullion Coin Act of 1985" at the Wikisource site.

Wikisource has original text related to this article:

Gold Bullion Coin Act of 1985

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External links

• Legal Tender
• Complete Act
• Gold Coin Plan