3:49 p.m. - FARGO, N.D. (AP) -- The image of the 26th U.S. president on a silver dollar coin could raise $3 million for the Theodore Roosevelt Medora Foundation, Sen. Kent Conrad said.

Conrad, D-N.D., introduced legislation on Wednesday that would direct the minting of a limited-edition coin in honor of Roosevelt's legacy in North Dakota.

The coins would sell for $10 plus minting costs. Conrad's legislation calls for 1 million special coins to be issued.

If the legislation is passed, two editions of the coin will be made. The first would bear the image of Roosevelt as a Rough Rider on one side and an eagle design on the other. The second coin would show Roosevelt on horseback with the other side illustrating the flaming sword of righteousness.

"These coins will undoubtedly help keep President Roosevelt's spirit of adventure alive and honor his ties to our great state," Conrad said.

Thirty percent of proceeds from the sales of the coin will be used to support educational programs run by the Theodore Roosevelt Medora Foundation, said Chris Thorne, spokesman for Conrad.

The other 70 percent will go to the Sagamore Hill National Historic Site, Roosevelt's New York home.

Both groups have agreed to match any funds raised through coin sales.

Randy Hatzenbuhler, president of the Medora Foundation, said he's hopeful the legislation will pass.

"We believe Theodore Roosevelt's story is very big," he said. "Most people aren't aware of his accomplishments."

It would be especially meaningful if the legislation passed this year, so the coins would be minted in January. That year marks the 100th anniversary of Roosevelt winning the Nobel Peace Prize for mediating the Russian-Japanese dispute.

The coins likely would be popular among collectors who have ties to North Dakota, said Greg Olson, owner of Treasure Island in Fargo.