Summary

Gold Bullion Coin Act of 1985

Section 5116 (a) of title 31, United States Code, is amended by adding at the end thereof the following: “ (3) 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.
Source: Wikisource

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