Eisenhower Dollars
The Eisenhower Greenback series marked the return of huge sized dollar coins after a lapse of greater than 30 years. The series was produced from 1971 to 1978 with coins minted on the Philadelphia, Denver, and San Francisco Mints. Through the brief period of the sequence, many special cash have been created for collectors including forty% silver cash and a special Bicentennial coin in 1976.
The previous series of silver [dollars] was generally known as the Peace Dollar. These cash were minted from 1921 to 1935. From 1935 to 1964, no further silver dollar coins were produced. The denomination almost made a come back in Might of 1965 when over 300,000 coins were produced by order of the President. Assembly later overruled this order and demanded that manufacturing cease and all cash be melted. Later that 12 months Congress handed the Coinage Act which included a ban on production of silver dollar coins for no less than five years.
After the five year period, the idea started to emerge to create a new dollar coin. The design would honor Dwight D. Eisenhower who had died in 1969 and the Apollo 11 house flight, which had put the primary man on the moon. The authorizing laws for the brand new coin was lastly handed late in December 1970. It called for the manufacturing of enormous sized greenback coins stuck within the prevailing copper nickel clad composition, but in addition approved the production of 40% silver versions for coin collectors.
The obverse of the Eisenhower Greenback coin contains a portrait of the previous President prepared by the Chief Engraver of the United States Mint Frank Gasparro. The reverse of the coin was also prepared by Gasparro based mostly on the Apollo 11 mission insignia. A Bald Eagle is shown landing on the moon, clutching an olive branch. The earth is visible within the background as seen from space.
In 1976, the reverse was redesigned as a part of America’s Bicentennial celebration. Robert R. Williams designed the new reverse which featured a rendition of the Liberty Bell with the Moon within the background. It was a becoming option to acknowledge the unique design while creating a brand new one to have fun America’s 200th anniversary. The original reverse design was resumed in 1977.
Throughout many of the Eisenhower collection, particular coins were produced for collectors. This included 40% silver uncirculated versions of the coin struck on the San Francisco Mint. These cash had been packaged in blue envelopes and offered on to collectors at a premium. The San Francisco Mint additionally produced 40% silver proof variations which were packaged in brown boxes. Lastly, in 1976 a special three coin set of forty% silver coins was produced. The three coins included the quarter greenback, half dollar, and dollar.
Although the Eisenhower Dollar collection was brief, it gives trendy collectors many highlights. It was the last giant sized greenback coin, followed by the smaller Susan B. Anthony Dollars. The particular Bicentennial subject offers a second reverse design. Lastly, the various different variations of the cash make assembling a complete set a challenge. In recent times the collection has gained some reputation, especially after the return of the dollar coin and the new Presidential Dollar series.
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