S.587 - Federal Government - A bill to require the Secretary of the Treasury to mint coins in commemoration of the Model T Ford Automobile and the 100th anniversary of the Highland Park Plant, Michigan, the birthplace of the assembly line, and for other purposes.

Model T Ford Automobile Commemorative Coin Act - Instructs the Secretary of the Treasury to mint and issue, in commemoration of the 100th anniversary of the Model T Ford Automobile, up to 500,000 $1 coins emblematic of the Model T Ford and the assembly line.

Subjects coin sales to a surcharge of $10 per coin.

Requires specified distributions of surcharges to: (1) the Automobile National Heritage Area Partnership Inc. for creating an endowment for national Model T educational programs; and (2) the Edison Institute (also known as "The Henry Ford"), in Dearborn, Michigan, a National Historic Landmark, for creating an endowment for educational programs associated with the Model T Ford Automobile.