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United States Mint Announces 2012 Presidential$1 Coin Designs
1 The United States Mint, created by Congress in 1792, is the Nation’s
unique manufacturer of dollars (bills and coins), so that the country
can conduct its trade and commerce. In addition to producing currency, the United
States Mint also produces uncirculated and commemorative coins;
Congressional Gold Medals; and silver, gold and platinum coins.
6 Today the United States Mint announced the new designs that will
appear on the Presidential $1 Coins in 2012. Each coin has two sides:
the heads and the tails. The obverse (heads sides) of the coins will
bear portraits of former Presidents Chester Arthur, Grover Cleveland
(first term), Benjamin Harrison and Grover Cleveland (second term).
11 Inscriptions on the obverse of each coin include the President’s name,
the years of his term in office, a number indicating the order in which
he served, and the inscription IN GOD WE TRUST. The portraits of
Chester Arthur and Grover Cleveland were designed and sculpted by
United States Mint culptor-Engraver Don Everhart. The portrait of
Benjamin Harrison was designed and sculpted by United States Mint
Sculptor-Engraver Phebe Hemphill.
17 All coins in the Presidential $1 Coin Program bear a common reverse
(tails side) featuring the iconic Statue of Liberty, designed and
sculpted byEverhart. Inscriptions on the reverse are $1 and UNITED
STATES OF AMERICA. The year of minting, or issuance, E PLURIBUS
UNUM and the mint mark are incused on the edge of the coins.
22 The Presidential $1 Coin Program is authorized by Public Law 109-145.
Although production of circulating Presidential $1 Coins will soon be
suspended, collectible versions of the coin will continue to be available
in select United States Mint offerings. For information on the
availability and pricing of products featuring Presidential $1 Coins, visit
http://www.usmint.gov/catalog or call 1-800-USA-MINT (872-6468).
In the text, the word in parentheses that describes the idea expressed by the words in bold-face type is in:
