Public Law 92–228

That in commemoration

American Revolution bicentennial.

Commemorative medals.

of the bicentennial of the birth of the United States and the historic events preceding and associated with the American Revolution, the Secretary of the Treasury (hereafter referred to as the “Secretary”) is authorized and directed to strike medals of suitable sizes and metals, each with suitable emblems, devices, and inscriptions to be determined by the American Revolution Bicentennial Commission thereafter referred to as the “Commission”) subject to the approval of the Secretary.

Sec. 2.

A national medal shall be struck commemorating the year 1776 and its significance to American independence. In addition to the national medal, a maximum of thirteen medals each of a different design may be struck to commemorate specific historical events of great importance, recognized nationally as milestones in the continuing progress of the United States of America toward life, liberty, and the pursuit of happiness.

Sec. 3.

The Secretary shall strike and furnish to the Commission such quantities of medals as may be necessary, with a minimum order of two thousand medals of each design or size. They shall be made

Time limitation.

and delivered at such times as may be required by the Commission, but no medals may be made after December 31, 1983.

Sec. 4.

The medals authorized under this Act are national medals within the meaning of section 3851 of the Revised Statutes (31 U.S.C. 368).

Rev. Stat. 3551.

Sec. 5.

The medals shall be furnished by the Secretary at a price

Cost.

equal to the cost of the manufacture, including labor, materials, dies, use of machinery, and overhead expenses.