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.Abraham Lincoln Presidential $1 CoinAbraham Lincoln, the 16th U.S. President, was born February 12, 1809, near Hodgenville, Ky., into a poor frontier family. A self-taught lawyer, he also served in the Illinois legislature and the U.S. House of Representatives. In 1858, while campaigning for a seat in the U.S. Senate, Lincoln engaged incumbent Stephen A. Douglas in a series of debates over slavery. Though he lost the election, Lincoln’s eloquence won him national attention, and in 1860, he received the Republican Presidential nomination. Lincoln became President of the United States in 1861 as the Nation descended into the Civil War.While he was President, Lincoln issued the Emancipation Proclamation, which freed the slaves living in the Confederacy. Although the Confederate States ignored the proclamation, it allowed Union soldiers to free slaves they found in the South and recruit them into their army. By the time the Civil War ended, one out of eight members of the Union Army was black. On November 19, 1863, he delivered his famous Gettysburg Address. His example of assuming sole authority during a time of war was followed by later Presidents, including Woodrow Wilson in World War I and Franklin Roosevelt in World War II. While the Civil War and efforts to abolish slavery dominated his presidency, Lincoln also signed into law the Homestead Act, which made it possible for poor people to buy land provided they agreed to settle and work there for at least five years. This law began the settlement of the American West.On April 14, 1865—only a few weeks into his second administration and just as the Civil War was ending—Lincoln was shot by Southern sympathizer John Wilkes Booth, and died the next morning in Washington, D.C.Coinage Legislation under President Abraham LincolnAct of April 21, 1862, authorized a United States Mint facility at Denver.Act of March 3, 1863, authorized a United States Mint facility at Carson City, Nevada.Act of April 22, 1864, amended Act of February 21, 1857, so that “…all laws now in force relating to the coins of the United States….be extended to the coinage herein authorized…for the security of the coin, regulating and guarding the process of striking and coining, for preventing debasement or counterfeiting, or for any other purpose…”Act of June 8, 1864, punished and prevented the counterfeiting of coins in the United States.Act of March 3, 1865, authorized coinage of the 3-cent piece.
Price: 6.25 USD
Location: Mandeville, Louisiana
End Time: 2024-11-10T00:17:32.000Z
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
