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.John Quincy Adams Presidential $1 CoinJohn Quincy Adams was born into politics as the son of second U.S. President John Adams and Abigail Adams. As a child, he watched the American Revolution unfold and accompanied his father on his diplomatic posts to Europe. He followed in his father’s footsteps by becoming a diplomat in Europe and, later, the sixth U.S. president.Adams became president by the slimmest of margins in a controversial election that was ultimately decided in the US House of Representatives by one vote.As president, Adams proposed a wide system of roads and canals to stimulate the economy and foster trade throughout the Nation. During his administration, the Cumberland road was extended into Ohio, and several major canal systems were begun.After his unsuccessful bid for re-election, Adams went on to serve nine terms in the US House of Representatives. He and Andrew Johnson, 17th president, are the only two former presidents to later serve in Congress.Coinage Legislation under President John Quincy AdamsAct of May 19, 1828 — This Act:directs the location of the United States Mint to remain in Philadelphia indefinitely;establishes a standard weight for the Mint’s use;makes provisions for payment for the testing of silver bullion brought to the Mint for coinage;authorizes employment of clerks at the Mint; andauthorizes the Director of the Mint to assay bullion not intended for coinage and to issue certificates of fineness at the owners’ expense.United States Mint Directors appointed by President AdamsPresident John Quincy Adams did not appoint a Director of the United States Mint.
Price: 6.25 USD
Location: Mandeville, Louisiana
End Time: 2024-09-02T20:51:46.000Z
Shipping Cost: 0 USD
Product Images
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
