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 Pierce Presidential $1 CoinFranklin Pierce, the 14th U.S. President, was born on November 23, 1804, in Hillsboro, N.H. He was elected to the New Hampshire legislature, and later served in the U.S. House of Representatives and Senate. In 1847 he served briefly as a brigadier general in the Mexican-American War. Largely unknown to the public, Pierce was nominated for President in 1852 by the Democratic Party as a compromise candidate. Partly because of his strong support for the Compromise of 1850, which attempted to mitigate the slavery issue and preserve the Union, Pierce was elected President and served from 1853-1857.While he was President, the U.S. negotiated the Gadsden Purchase with Mexico, which gave the U.S. land in present-day southern Arizona and New Mexico for a southern transcontinental railroad. Congress also passed the Kansas-Nebraska Act, which repealed the Missouri Compromise, thus reopening the possibility of slavery in the West under the principle of “popular sovereignty.” This was the belief that the people who settled a territory could determine whether to permit or prohibit slavery.Denied re-nomination by his party for President in 1856, he retired from politics at the end of his term. He died on October 8, 1869, in Concord, N.H.Coinage Legislation under President Franklin PierceAct of February 21, 1857, removed the legal tender value of foreign coins in the U.S. and authorized the weight and composition of one-cent coins.United States Mint Directors Appointed by President Franklin PierceThomas M. Petit of Pennsylvania, April 1853 – May 1853.James Ross Snowden of Pennsylvania, June 1853 – May 1861.
Price: 6.25 USD
Location: Mandeville, Louisiana
End Time: 2025-01-02T21:48:10.000Z
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
