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December 1, 2022
Olympic Commemorative Coins: Background and
Considerations for Congress
The U.S. Mint produces commemorative coins pursuant to
equally between the Los Angeles Olympic Organizing
a specific act of Congress. These coins celebrate and honor
Committee and the United States Olympic Committee.
American people, places, events, and institutions. Although
Figure 1 shows the 1984 “Coliseum” Silver Dollar.
they are considered legal tender, they are not minted for
general circulation. Instead, they are designed to be
Figure 1. 1984 Los Angeles Olympiad “Coliseum”
collected (numismatic products) and to help a specified
Silver Dollar
statutorily designated group(s) raise money.
In 2028, the City of Los Angeles will host the Summer
Olympic Games. Historically, Congress has authorized
commemorative coins to celebrate the Olympics. For five
previous Olympiads, Congress has authorized
commemorative coins to honor the Olympic Games and
Olympic athletes. Three of those instances were for
Olympic Games held in the United States—1984, 1996, and
2002—and twice to honor American Olympic athletes for
games hosted by other nations—1988 (Seoul, South Korea)
and 1992 (Barcelona, Spain, and Albertville, France). In
Source: U.S. Mint, “Los Angeles Olympiad Coliseum Silver Dol ar,”
each case, the legislation designated the United States
at https://www.usmint.gov/coins/coin-medal-programs/
Olympic Committee as the recipient for at least some of the
commemorative-coins/1984-olympics-coliseum.
coins’ surcharge payments. For the three Olympics hosted
in the United States, surcharge payments were also directed
1996 Atlanta Centennial Olympics
to the host cities’ Olympic organizing committee.
In 1992, Congress authorized a total of 16 commemorative
coins for the 1996 Centennial Summer Olympics in Atlanta
(P.L. 102-390): two half dollars, four silver dollars, and two
The Olympic Coin Program reaped great rewards for
$5 gold coins to be issued in 1995 (8 coins) and 1996 (8
U.S. athletes in the 1984 Los Angeles games.... The
coins). In 1995, the half dollar coins honored baseball and
United States won more medals than any other
basketball; the silver dollars honored gymnastics, cycling,
country in history in the 1984 games and I hope
track and field, and the Paralympics; and the $5 gold coins
today’s legislation will provide valuable assistance so
depicted a torch runner and the Olympic stadium. In 1996,
that our athletes can equal or better that record in
the half dollar coins honored swimming and soccer; the
1988.
dollar coins honored rowing, tennis, the high jump, and the
Paralympics; and the $5 gold coins depicted a flag bearer
—Representative Chalmers Wylie, Congressional
and the Olympic cauldron. Proceeds were split equally
Record,
between the Atlanta Committee for the Olympic Games and
August 6, 1987, p. 22757.
the United States Olympic Committee. Figure 2 shows the
1996 cauldron $5 gold coin.
Olympics in the United States
Figure 2. 1996 Atlanta Olympics “Cauldron” Gold $5
Since 1984, the United States has hosted the Olympics three
times: 1984 Summer Olympics in Los Angeles, CA; 2000
Summer Olympics in Atlanta, GA; and 2002 Winter
Olympics in Salt Lake City, UT. In each instance, Congress
has authorized commemorative coins to honor the Olympic
Games and participating athletes and to provide surcharge
payments to designated Olympic organizations to help
financially support the Olympic Games.
1984 Los Angeles Olympics
In 1982, Congress authorized commemorative coins for the
Source: U.S. Mint, “Centennial Olympics (Cauldron) Gold $5,” at
1984 Los Angeles Summer Olympics (P.L. 97-220). Three
https://www.usmint.gov/coins/coin-medal-programs/commemorative-
coins—two silver dollars and one $10 gold coin—were
coins/centennial-olympics-cauldron-gold.
authorized for the 1984 Olympics, with proceeds split
https://crsreports.congress.gov