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Pillar of the Community
 United States
2724 Posts |
Since our paths have not crossed before, I will give you a little background. I am NOT in favor of seeing any president on our coins or currency. I have been fighting for years to stop congress from infringing upon the law (as they do). The original statute concerning coins was written in 1792 and stated clearly that NO image should be used other than one emblematic of Lady Liberty. In 1909, congress overstepped their authority to place Lincoln on the cent. Once the ball got rolling, it is now impossible to stop without a major public outcry. I am all for honoring the men and women that made our country great, but this is why we have commemorative coins. When I met with the banking and finance commitee, I took many of the most beautiful coins ever produced to show these men and women what we once created. When congress allowed Virginia to strong-arm us into keeping Jefferson and Monticello on the Five Cent coin forever, we as a whole lost. While many do not agree with my opinion, I ask who are we in this generation to conclude that any design should be permanent? How would Americans like this thought if all of our items were locked forever. Can you imagine that the 2005 car designs were the last ever produced. That 65 years from now, each car still looked the same. Americans love change. The State Quarter program proved this overwhelmingly, and yet our elected officials can't seem to understand. From my conversations with many congressmen and senators, most do not have the GUTS (or another choice word)to step up and do what is right. Return our coins to the pride of the world. |
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Pillar of the Community
United States
2724 Posts |
There is an article in this months Numismatist covering this very topic. Douglass Mudd wrote the article entitled Citizen Washington. Unfortunately the ANA website is down now, but you can email them to learn more about why Lady Liberty was chosen. museum@money.org |
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Valued Member
United States
382 Posts |
Why this design wasn't chosen for 2000 is beyond me. This would be PERFECT for our dollar coin struck on the same alloy as the SACS...but that is my opinion. Who's with me? (sounds like an Animal House scene..."Let's go, go, go, go!!") http://home.earthlink.net/~smalldol.../2000ml.htmlSorry...having trouble posting the pic. Still learning the icons at the forum. The link works at least! Saw this at the FUN slabbed by ICG and the dealer was asking $250 for it! Both him and I agreed this was a winner and the only reason why they probably went with the SAC design because of the PC world we live in. Edited by zakgold
02/04/2005 2:17 pm
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Pillar of the Community
United States
2724 Posts |
Did you forget to post the pic?
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Pillar of the Community
United States
2724 Posts |
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Valued Member
United States
382 Posts |
Thanks Steve... Alrighty then...somebody try to convince me that the obverse of this coin should not have been used and going forward, images of Polk, Harding, Coolidge, and (gulp) Clinton should grace OUR dollar coins? I know it is the same argument as when Lincoln first appeared on the cent in 1909, but ladies & gentlemen of the Coin World, there is a big difference from the likes of Lincoln, Jefferson, and Washington versus some of the President I listed above. Matter of fact, I am in favor of NO real people or Dead Presidents gracing our coins so the whole political argument is put aside. That way we can argue about grace, liberty and beauty...what OUR US coins should be all about!! Edited by zakgold
02/04/2005 2:20 pm
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Pillar of the Community
United States
2724 Posts |
Well one reason that this design wasn't chosen is that the Sac dollar was approved in 1997. This is why we have SBA dollars dated 1999. The law required dollar coins be minted. The same weight, diameter, and magnetic signature as the SBA. The SAC design came in 1998. http://frwebgate.access.gpo.gov/cgi...5_cong_bills |
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Pillar of the Community
United States
2724 Posts |
Check out this excerpt from the law written.
(d) Increase Capacity.--The Secretary of the Treasury shall
increase capacity at United States Mint facilities to a level that
would permit the replacement of $1 Federal Reserve notes with $1 coins
minted in accordance with section 5112 of title 31, United States Code,
as amended by this Act.
SEC. 3. CEASING ISSUANCE OF ONE DOLLAR NOTES.
(a) In General.--Federal Reserve banks may continue to place into
circulation $1 Federal Reserve notes in accordance with section 5115 of
title 31, United States Code, until Susan B. Anthony coins and coins
minted in accordance with this Act and the amendments made by this Act
total 1,000,000,000 coins in circulation, at which time no Federal
Reserve bank may order or place into circulation any $1 Federal Reserve
note.
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Pillar of the Community
United States
2724 Posts |
Anyone feeling the conspiracy here? As long as 1,000,000,000 dollar coins don't end up in circulation, we will retain the $1 bill. HUMM....
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Valued Member
United States
382 Posts |
OK...so let's do it right this time. Mint the Liberty golden dollar, scrap the paper $1 dollar bill (which only lasts 16 months and cost over $500 million dollars per year to produce) and use dollar coins as they do successfully in Canada and Europe in lieu of the paper dollar.
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Pillar of the Community
United States
2724 Posts |
I am all in favor of Lady Liberty. Bills or coins, or both.
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Pillar of the Community
United States
2724 Posts |
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Pillar Of The Community
3147 Posts |
I can see right now that I have come to the right place as you fellows are my kind of collectors. Appreciate your views and very, very good to see I am not alone here! Give me change in my change!!!
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Pillar of the Community
United States
2724 Posts |
It does feel like home doesn't it :-)
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Pillar of the Community
United States
2724 Posts |
Found an interesting site with the law regarding Lady Liberty: "In it (a) Section 2m Sixth reads: "The engraver shall prepare and engrave with the legal devices and inscriptions, all the dies used in the coinage of the mint and its branches." And Section 13 reads: "And be it further enacted, that upon the coins struck at the mint there shall be the following devices and legends; upon one side of each of said coins there shall be an impression emblematic of liberty, with an inscription of the word LIBERTY, and the year of the coinage; and upon the reverse of each of the gold and silver coins, there shall be the figure or representation of an eagle, with the inscription of United States of American, and a designation of the value of the coin; but on the reverse of the dime and Half Dime, cent and Half Cent, the figure of the eagle shall be omitted." |
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Posted 02/04/2005 12:01 pm
Dollar concept.jpg
Five Dollar Eduational Note.jpg
