SILVER BULLION COIN.

SEC. 201. SILVER BULLION COIN. Section 5112 of title 31, United States Code, is amended by inserting after subsection (t) (as added by title I of this Act) the following new subsection:“(u) Silver Bullion Investment Product.—“(1) In general.—The Secretary shall strike and make available for sale such number of bullion coins as the Secretary determines to be appropriate that are exact duplicates of the quarter dollars issued under subsection (t), each of which shall—“(A) have a diameter of 3.0 inches and weigh 5.0 ounces;“(B) contain .999 fine silver;122 STAT. 5043“(C) have incused into the edge the fineness and weight of the bullion coin;“(D) bear an inscription of the denomination of such coin, which shall be ‘quarter dollar’; and“(E) not be minted or issued by the United States Mint as so-called ‘fractional’ bullion coins or in any size other than the size described in paragraph (A).“(2) Availability for sale.—Bullion coins minted under paragraph (1)—“(A) shall become available for sale no sooner than the first day of the calendar year in which the circulating quarter dollar of which such bullion coin is a duplicate is issued; and“(B) may only be available for sale during the year in which such circulating quarter dollar is issued.“(3) Distribution.—“(A) In general.—In addition to the authorized dealers utilized by the Secretary in distributing bullion coins and solely for purposes of distributing bullion coins issued under this subsection, the Director of the National Park Service, or the designee of the Director, may purchase numismatic items issued under this subsection, but only in units of no fewer than 1,000 at a time, and the Director, or the Director’s designee, may resell or repackage such numismatic items as the Director determines to be appropriate.“(B) Resale.—The Director of the National Park Service, or the designee of the Director, may resell, at cost and without repackaging, numismatic items acquired by the Director or such designee under subparagraph (A) to any party affiliated with any national site honored by a quarter dollar under subsection (t) for repackaging and resale by such party in the same manner and to the same extent as such party would be authorized to engage in such activities under subparagraph (A) if the party were acting as the designee of the Director under such subparagraph.”.