Posted on 10/15/2007 7:17:50 PM PDT by topher
George Washington Presidential $1 Coin — First President, 1789-1797
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view the Liberty reverse
Following the ratification of the Constitution of the United States, the Electoral College unanimously elected George Washington to serve as the United States’ first President.
The former General and Commander in Chief of the Continental Army served two terms as president, holding the office from 1789 to 1797.
On June 1, 1789, President George Washington signed the country’s first Act of Congress, concerning the administration of oaths. In 1791, President Washington presided over the Nation’s first recorded Cabinet meeting, which included Alexander Hamilton as the United States’ first Secretary of the Treasury and Thomas Jefferson as the first Secretary of State.
President Washington himself laid the cornerstone for the United States Capitol building in Washington, D.C., on September 18, 1793.
Washington also laid the groundwork for the United States’ earliest foreign policy stance when he issued his Declaration of Neutrality in 1793, a direct response to the emerging conflict between England and France.
Coinage Legislation under President George Washington
The Coinage Act of April 2, 1792 — Commonly referred to as the Mint Act, this Act establishes the United States Mint at Philadelphia, the Nation’s capital at the time. The Mint Act called for the production of the following coins, and specified their weight in gold, silver or copper: half-cent, cent, half-dime, dime, quarter-dollar, half-dollar, dollar, quarter-eagle ($2.50), half-eagle ($5.00), and eagle ($10).
Act of May 8, 1792 — This Act authorizes the Director to purchase up to 150 tons of copper for the coining of cents and half-cents.
Act of January 14, 1793 — This Act establishes the metal content of cents and half-cents.
Act of February 9, 1793 — This Act establishes foreign exchange rates, and ends the acceptance of foreign coinage (with the exception of the Spanish milled dollar) as legal tender in the United States.
Act of March 3, 1794 — This Act provides an accounting method of receiving metals for the purpose of producing coins from the metals received.
Act of March 3, 1795 — This Act establishes the positions of melter and refiner of the United States Mint and grants the President the authority to reduce the amount of copper used in both the cent and half-cent.
United States Mint Directors appointed by President Washington
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The pictures are not coming up for me, but I was under the impression that the In God We Trust was inscribed on the edge.
Uh, no it still has In God We Trust. It’s on the EDGE!!!
numbskull
Your Post is over the EDGE!!!
These did not come not in posting the webpage, sigh...
“In God We Trust” and “E Pluribus Unum” are on edges of the coins.
Right! It may be on there, but it is not obvious...
It’s on the side.
It’s on all the ones I got. But if you have some without it, I buy them from you. Wow, what a rarity, they’ll be worth a lot.
Yep. This is a very old story.
We posted about the same time the same thing...
Just another kneejerk story that makes us look like clueless rubes. Such as those periodic threads claiming Starbucks refuses to serve coffee to U.S. troops (even as they actually send free coffee over to Iraq for them).
BTW, put the coin on it's edge and you will see "In God We Trust".
We posted about the same time the same thing...
I guess this does look good, but why put it on the side?
Did they intentionally omit it originally, and there was pressure to add it, and it was added on the side?
Or is this just a new design for printing.
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