Section 7553 Of Chapter 25. Commemorative “california Gold” Medallions From California Government Code >> Division 7. >> Title 1. >> Chapter 25.
7553
. Upon the showing of sufficient interest by gold producers,
the department shall contract with a registered, certified mint for
the minting of gold medallions in an amount and in such sizes as
deemed appropriate. Gold producers shall provide all gold bullion
necessary for minting and shall deliver it to the mint for
processing. They shall pay in advance to the department a fee
sufficient to cover all minting and handling costs; royalty fees for
the use of the seal; and reimbursement costs to the department for
designing the medallions.