Difference between revisions of "United States dollar coins"
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(Who alleges sabotage? Who suggests exchanging them? Where does the Constitution require this motto?) |
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[[Image:dollarcoins.jpg|Comparison of the 2000 Sacajawea, 2007 Washington, and 1979 Susan B. Anthony dollar coins.]] | [[Image:dollarcoins.jpg|Comparison of the 2000 Sacajawea, 2007 Washington, and 1979 Susan B. Anthony dollar coins.]] | ||
| − | + | In March of 2007 it transpired that an unknown number of the coins produced at the Philadelphia mint were misstruck, and lack the edge inscription. Sabotage has been alleged{{fact}}. Coin collectors speculate that of the 300 million produced, about 50,000 may have been misstruck. As with all misstruck coins, these have become collectors' items and are currently selling for about $50 each online.<ref>[http://www.nytimes.com/2007/03/08/us/08coins.html?_r=1&oref=slogin Flaw Is Found in Some Coins of New Dollar], March 8, 2007, The New York Times (Associated Press story)</ref> | |
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| + | It has been suggested{{fact}} that these coins, which are being referred to as "Godless Dollars", should be exchanged at a bank for properly struck coins, as currency not possessing the Constitutionally required mark of "In God We Trust" may not be accepted as legal tender within the United States.{{fact}} | ||
Revision as of 17:36, March 9, 2007
The dollar coin has had a rocky history of introduction in the United States.
Susan B. Anthony
The front shows Susan B. Anthony. The obverse shows an American bald eagle flying over the Moon, carrying an olive branch with the Earth overhead. The coin is a silver color with a serrated edge.
Sacagawea
The front shows Sacagawea. The obverse shows an American bald eagle in flight. The coin is a gold color with a smooth edge.
Presidential
The Presidential $1 Coin Act of 2005, signed into law by George W. Bush, introduced new dollar coins depicting the images of Presidents Of The United States. The first coin in this series was issued in 2007 and shows the image of George Washington, the first President of the United States of America. The obverse shows the Statue of Liberty. The coin is a gold color with a smooth edge that is struck with an inscription using a special machine.
Controversy
The Presidential series differs from all current U.S. coinage in this essential respect: there is no "In God We Trust" on the front or back of the coin. Instead, the motto "In God We Trust" is engraved on the tiny edge of the coin (approximately 1/16th of an inch high) where it is barely visible. The enlarged drawing of the edge inscription from the U.S. Mint makes it look more readable than it actually is:
In comparison the lettering "In God We Trust" was printed clearly on the face of the last two dollar coins, the Sacagawea and the Susan B. Anthony:
In March of 2007 it transpired that an unknown number of the coins produced at the Philadelphia mint were misstruck, and lack the edge inscription. Sabotage has been alleged[Citation Needed]. Coin collectors speculate that of the 300 million produced, about 50,000 may have been misstruck. As with all misstruck coins, these have become collectors' items and are currently selling for about $50 each online.[1]
It has been suggested[Citation Needed] that these coins, which are being referred to as "Godless Dollars", should be exchanged at a bank for properly struck coins, as currency not possessing the Constitutionally required mark of "In God We Trust" may not be accepted as legal tender within the United States.[Citation Needed]
- ↑ Flaw Is Found in Some Coins of New Dollar, March 8, 2007, The New York Times (Associated Press story)