January 29,1990
Mr. Ding Mou--shih
Representative
Coordination Council for
North American Affairs
4201 Wisconsin Avenue, N.W.
Washington, DC 20016-2137

Dear Mr. Ding :

In the past; there has been an exchange of letters between t-
he Chairman of the American Tnstitute in Taiwan (AIT) and the
Representative of the Coordination Council of North American Af-
fairs (CCNAA) in Washington, D.C.which constituted an agreement
governing the sale of specific U.S. commemorative coins in Taiw-
an (e.g. David Dean's letter of March 6, 1986 and Fredrick Chien
's reply of April 23, 1986). Now a new commemorative coin series
is being produced by the U.S. Mint honoring Congress, and I wou-
ld like to propose a similar exchange of letters to facilitate
the marketing of these coins in Taiwan.

The special commemorative coins celebrate the Bicentennial of
the United States Congress, 1789--1989. The three commemorative
coins carry the denominations of $5.00 (gold), $1.00 (silver) a-
nd $0.50 (copper--nickel) and were authorized by Public Law 100-
-67307 November 7, 1988.

A surcharge will be added to the price of each coin. All sur-
charges raised by the sale of the coins will be deposited in the
U.S. Capitol Preservation Fund for improvements and acquisitions
for the U.S. Capitol. The Fund is administered by the Congressi-
onally--authorized U.S. Capitol Preservation Commission.

A description of the U.S. Congressional Coins follows :

GOLD FIVE DOLLAR COIN

The coin's obverse features a rendition of the Capitol Dome,
while the reverse shows a portrait of the majestic American eag-
le overlooking the canopy of the Old Senate Chamber.

Coin Specifications: Weight: 8.359 grams. Composition: 90% g-
old (.24 troy ounce), 10% alloy. Diameter: 0.850 inches. Mint a-
nd Mint Mark: Proof and uncirculated -- West Point Mint("W").

SILVER DOLLAR COIN

The obverse of the silver dollar coin features the Statue of
Freedom, the bronze statue which sits atop the Dome of the Unit-
ed States Capitol. The reverse of the coin shows the mace of the
House of Representatives, highlighting the staff topped by an e-
agle astride a world globe.

Coin Specifications : Weight: 26.73 grams. Composition : 90%
silver (.76 troy ounce), 10% copper. Diameter : 1.500 inches. M-
int and Mint Mark : Proof-San Francisco ("S"); Uncirculated-Den-
ver("D").

HALF-DOLLAR COIN

The obverse of the half--dollar coin features a dramatic bust
of the Statue of Freedom. The reverse shows a full view of the
Capitol Building surrounded by a wreath of stars.

Coin Specifications: Weight: 11.34 grams. Composition: 92% c-
opper, 8% nickel. Diameter : 1.205 inches. Mint and Mint Mark:
Proof -- San Francisco ("S"); Uncirculated - Denver("D").

The U.S. Mint will be in overall charge of the international
effort to market these commemorative coins. Pursuant to Section
6 of the Taiwan Relations Act(Public Law 96-8 of April 10, 1979)
, the American Institute in Taiwan (the "Institute")will be res-
ponsible for overseeing the marketing of U.S. Congressional Coi-
ns in Taiwan. The Institute designates the U.S. Mint as its con-
tractor to administer the sale of these coins.

The Institute herewith invites the Coordination Council for
North American Affairs (the Council) to join with it in this en-
deavor. If the Council is so disposed, it is suggested that from
time to time the Council designate one or more contractors in T-
aiwan to administer the purchase and further sale of U.S. Congr-
essional Coins in cooperation with the Institute's contractor,
the United States Mint. This agreement will be effective until
such time as terminated by either party.

As stated above, this letter and your reply thereto will con-
stitute an agreement between the Institute and the Council to c-
ooperate in the sale of U.S. Congressional Coins in Taiwan.

Sincerely,
[Signed]
David N. Laux
Chairman of the Board
and Managing Director
EC-79-006

February 5,1990
Mr. David Laux
Chairman of the Board and
Managing Director
American Institute in Taiwan
1700 N. Moore Street, #1705
Arlington, VA 22209

Dear Mr. Laux :

In response to your letter of January 29, 1990 regarding the
sale of the Bicentennial U.S. Congressional coins in my country,
I take pleasure in informing you that the Central Trust of China
, Hua-Nan Commercial Bank and the International Commercial Bank
of China in Taipei have been designated as our agents to handle
the purchase and sale of the coins in cooperation with your con-
tractor, the United States Mint.

I agree with you that our correspondence on this subject wi-
ll constitute an agreement between our two organizations on the
sale of Statue of Liberty Coins in my country.

Sincerely,
[Signed]
Mou--shih Ding
Representative