Strategically, the hearing proved important. Treasurer Angela “Bay” Buchanan, during testimony, dropped Treasury’s official support for the 17-coin plan and endorsed the six-coin plan. And Olympic officials embraced Treasury marketing.
For weeks, it appeared the amended S. 1230 would die in the Senate and all was lost. But suddenly, without fan-fare, Garn allowed the bill to move to the Senate floor, and it was approved on July 1. President Reagan signed it into law on July 22, 1982.
Beth Deisher may be contacted at Beth@CashInYourCoins-Book.com.