Description: The Presidential $1 Coin Program The word "dollar" comes from the German word "Thaler," a large silver German coin. The dollar was one of the first silver coins made, in 1794. Since then the dollar coin has been minted periodically with different versions of Liberty and other individuals on the obverse, including those of President Dwight D. Eisenhower (1971-1978), suffragist Susan B. Anthony (1979-1981, 1999), and Sacagawea in 2000. The Presidential $1 Coin Program launched in 2007.About the Presidential $1 Coin Program The United States honored our Nation?s Presidents by issuing $1 coins featuring their images in the order that they served. The Program began in 2007 with Presidents Washington, Adams, Jefferson and Madison. (Note: In December 2011, Secretary of the Treasury Timothy F. Geithner directed that the United States Mint suspend minting and issuing circulating Presidential $1 Coins. Regular circulating demand for the coins will be met through the Federal Reserve Bank?s existing inventory of circulating coins minted prior to 2012. The Presidential $1 Coin Act (Public Law 109-145) seeks to revitalize the design of United States coins and return circulating coinage to its position as an object of aesthetic beauty in its own right. Accordingly, the Presidential $1 Coins feature larger, more dramatic artwork, as well as edge-incused inscriptions of the year of minting or issuance, E PLURIBUS UNUM, and the mint mark. The United States Mint minted and issued four Presidential $1 Coins per year, each with a common reverse design featuring a striking rendition of the Statue of Liberty. The composition of the Presidential $1 Coins is identical to that of the Golden Dollar featuring Sacagawea and the Native American $1 Coins.Herbert Hoover Presidential $1 CoinHerbert Clark Hoover was born in West Branch, Iowa, in 1874 and grew up in Oregon. He earned a bachelor’s degree from Stanford University in 1895 and became a mining engineer. He held government positions as a public administrator, food relief coordinator and as secretary of commerce under Presidents Harding and Coolidge. This led to his nomination for the presidency in 1928, which was quickly overtaken by the Great Depression, for which he was blamed. He was badly defeated in the election of 1932. After leaving office, Hoover retired to New York City and wrote articles, books and answers to as many as 20,000 letters a month. He died there in 1964.Coinage legislation under President HooverAct of March 4, 1931: Authorized the secretary of the treasury to change the design of the 25-cent piece to commemorate the 200th anniversary of the birth of George Washington.United States Mint Directors Appointed by President HooverPresident Hoover did not appoint any United States Mint directors.
Price: 6.25 USD
Location: Mandeville, Louisiana
End Time: 2025-02-02T21:49:36.000Z
Shipping Cost: 0 USD
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money back or replacement (buyer's choice)
Certification: Public Law 109?145
Circulated/Uncirculated: Uncirculated
