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King Commemorative Coin ConsideredA $10 surcharge from the sale of a proposed $1 commemorative coin honoring Martin Luther King Jr. would provide funds for the Library of Congress to acquire and maintain certain papers of the slain civil rights leader. The Dr. Martin Luther King Jr. Commemorative Coin Act of 2001 (S. 355), sponsored by Sen. Mary L. Landrieu (D-La.) and introduced in the Senate February 15, calls for a silver coin to be minted in King’s honor in 2003. Last year, a proposed $10-million congressional purchase of 80,000 pages of King’s final six years was halted amid questions about whether the price was too high. It would have been the most Congress had ever paid for a manuscript collection for LC. Historians fear the collection could be auctioned and split up if LC can’t raise the money to buy all the papers in question. The bill does not specify a design, but says one will be chosen “after consultation with the Librarian of Congress, the Commission of Fine Arts, and the estate of Dr. Martin Luther King Jr.” Posted February 26, 2001. |
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