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.James Buchanan Presidential $1 CoinJames Buchanan, the 15th U.S. President, was born on April 23, 1791, near Mercersburg, Pa. The oldest of 11 children, he began a successful law career in 1812. During the War of 1812, he helped defend Baltimore against British attack. A gifted orator, he became a state legislator, and later served as a member of the U.S. House of Representatives and Senate and as U.S. minister to Russia. In 1845, he became President James K. Polk’s secretary of state. His later service abroad as U.S. minister to Great Britain helped insulate him from the growing domestic controversy over slavery, which was reaching a crescendo by 1856, helping him secure the Democratic Party’s nomination for President. He served one term in office, 1857-1861. He did not seek re-election in 1860.Two days after Buchanan was inaugurated, the U.S. Supreme Court issued the controversialDred Scott decision, which effectively legalized slavery in all U.S. territories, which served as another factor to further propel the Nation toward civil war. He was successful in opening and securing ports on the West Coast, which enhanced trade with Asian countries. In December 1860, in the wake of Abraham Lincoln’s election as President, 11 southern states declared secession from the union and formed the Confederate States of America. Former President Buchanan died on June 1, 1868, in Lancaster, Pa.Coinage Legislation under President James BuchananNo coinage legislation was enacted during President Buchanan’s term.United States Mint Directors Appointed by President James BuchananNo United States Mint Directors were appointed by President Buchanan.
Price: 6.25 USD
Location: Mandeville, Louisiana
End Time: 2024-12-10T00:17:32.000Z
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
