Franklin D. Roosevelt Presidential $1 Coin

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.Franklin D. Roosevelt Presidential $1 CoinFranklin Delano Roosevelt was born in Hyde Park, New York, in 1882. He graduated from Harvard and attended Columbia University law school, becoming a lawyer and banker. He served as a New York state senator and governor and assistant secretary of the Navy under President Woodrow Wilson. After securing the Democratic nomination for President in 1932, he campaigned vigorously while promising the New Deal to address the Nation’s dire economic situation. Although he had been stricken with polio in 1921, Roosevelt went on to be considered one of our most consequential chief executives, presiding over both the Great Depression and World War II. He served three full terms and died in Warm Springs, Georgia, in 1945, just a few months after beginning his fourth.Coinage legislation under President RooseveltAct of June 19, 1934: Required the proportion of silver to gold in the monetary stocks of the United States to be increased and maintained at one-fourth of the value of the nation’s monetary reserve. It authorized the Treasury secretary to purchase silver at home and abroad.Act of August 13, 1935: Authorized the secretary of war to transfer to the jurisdiction and control of the secretary of the Treasury portions of the property within the Fort Knox Military Reservation in Kentucky. The secretary of the Treasury was authorized to construct a building for use as a depository and for carrying out any other functions or duties of the department.Act of June 22, 1936: Appropriated approximately $1.48 million through June 30, 1937, to cover the cost of transporting bullion and coins from the mints and assay offices to the U.S. Bullion Depository at Fort Knox.Act of August 21, 1937: Authorized the secretary of war to transfer to the jurisdiction and control of the secretary of the Treasury portions of the property within the West Point Military Reservation in New York. Authorized the secretary of the Treasury to construct a building for use as a depository and for carrying out any other functions or duties of the Department of the Treasury.United States Mint Directors Appointed by President RooseveltNellie Taylor Ross of Wyoming – 1933 – 1953

Price: 6.25 USD

Location: Mandeville, Louisiana

End Time: 2025-02-02T21:49:36.000Z

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