Herbert Hoover 2014 US Presidential One Dollar Coin

Herbert Hoover, 31st President of the United States - Presidential Dollar

Herbert Hoover 2014 US Presidential One Dollar Coin

The 2014 Herbert Hoover Presidential Dollar continued the series of $1 coins honoring the former Presidents of the United States of America. The coin represented the third release of the year and the thirty-first release of the series overall.

Prior to becoming President, Herbert Hoover held government positions as a public administrator, food relief coordinator, and secretary of commerce under Presidents Harding and Coolidge. He was nominated for President in 1928 and won with 58% of the popular vote. Throughout his term as President, he grappled with the impacts of the Great Depression and lost his bid for reelection by a wide margin.

The obverse design of the coin features a portrait of Herbert Hoover designed and engraved by Phebe Hemphill. The inscriptions include his name, the motto “In God We Trust”, “31st President”, and the dates of the single term served “1929-1933″. The reverse of the coin featured the rendition of the Statue of Liberty designed and engraved by Don Everhart, which had been used throughout the series. The inscriptions include “United States of America” and the denomination “$1″. Incused edge lettering carries the date and mint mark of the coins as well as the motto “E Pluribus Unum”.

On June 19, 2014, the United States Mint opened sales for circulating quality examples of the Herbert Hoover Dollar packaged in numismatic rolls, bags, and boxes. Available with coins from either the Philadelphia or Denver facilities, there were 25-coin rolls priced at $32.95, 100-coin bags priced at $111.95, and 250-coin boxes priced at $275.95. These products represented the primary method for acquiring circulating quality examples of the coins since they were not released for general circulation.

There were other products offered by the United States Mint throughout the year which also incorporated the coins. This included the annual proof sets, annual mint sets, a four coin Presidential Dollar Set, the Presidential $1 Coin Cover, and the Presidential $1 Coin & First Spouse Bronze Medal Set.

Total production for the circulating quality Herbert Hoover Presidential Dollar reached 4,480,000 pieces at the Philadelphia Mint and 3,780,000 pieces at the Denver Mint.

Herbert Hoover Presidential Dollar Coin Specifications:
Diameter: 26.5 mm
Weight: 8.1g
Thickness: 2.0 mm
Edge: Lettered
Composition: 88.5% copper, 6% zinc, 3.5% manganese, 2% nickel
Mintage: 4,480,000 (Philadelphia), 3,780,000 (Denver)

Presidential $1 Coin — Lady Liberty Reverse Statue of Liberty, 1886

US One Dollar Coin, Lady Liberty - Statue of Liberty
  On October 28, 1886, President Grover Cleveland accepted the Statue of Liberty on behalf of the United States and said, in part, "We will not forget that Liberty has here made her home; nor shall her chosen altar be neglected."
  She is the work of sculptor Frederic Auguste Bartholdi, who enlisted the assistance of engineer Alexandre Gustave Eiffel, designer of the Eiffel Tower, to help him solve some of the structural challenges presented by creating a statue of such magnitude.
  The Statue of Liberty was completed in 1884 and shipped to the United States in June 1885, having been disassembled into 350 individual pieces that were packed in over 200 crates for the transatlantic voyage. In four months’ time, she was re-assembled in New York Harbor, standing just over 151 feet from the top of the statue’s base to the tip of the torch her right hand holds high above the waters of New York Harbor.
  Originally intended as a gift to celebrate the American Centennial in 1876, the Statue of Liberty was given to the United States as a symbol of the friendship forged between the new American government and the government of France during the American Revolutionary War.
  The tablet she holds in her left hand carries the inscription "July IV MDCCLXXVI" in reference to the July 4, 1776, signing of the Declaration of Independence and the birth of the Nation.
  There are 25 windows running the length of Lady Liberty’s crown, which is topped by seven rays, meant to convey both the light of the sun and the seven seas and continents of the world.
  For millions of Americans, the Statue of Liberty was the first sight that their ancestors saw as they arrived in America after having left their homes in search of a better life for themselves and for their families.
  To celebrate her 100th anniversary, the Statue of Liberty was featured on a United States commemorative coin in 1986. In 1997, a close-up image of the Lady Liberty was chosen for the obverse of the new American Eagle platinum coins.

President Herbert Hoover 2014 One Dollar Coin Cover
Herbert Hoover 2014 One Dollar Coin Cover

Presidential $1 Coins
Presidential Dollar Coins feature larger, more dramatic artwork, as well as edge-incused inscriptions meant to revitalize the design of United States coins and return circulating coinage to its position as an object of aesthetic beauty.
The U.S. Mint launched the Presidential $1 Coin Program in 2007. The 10-year initiative includes one dollar coins featuring obverse designs honoring the Presidents in the order in which they served in office.
Read less Image of Presidential $1 Coins
The U.S. Mint produces and issues four Presidential Dollar coins per year, each with a common reverse design featuring a striking rendition of the Statue of Liberty. The program was authorized by the Presidential $1 Dollar Coin Act of 2005 (Public Law 109-145).

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Millard Fillmore        Franklin Pierce        James Buchanan        Abraham Lincoln

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Herbert Hoover
Herbert Clark Hoover (August 10, 1874 – October 20, 1964) was the 31st President of the United States (1929–33). He was a professional mining engineer and was raised as a Quaker. A Republican, Hoover served as head of the U.S. Food Administration during World War I, and became internationally known for humanitarian relief efforts in war-time Belgium. As the United States Secretary of Commerce in the 1920s under Presidents Warren G. Harding and Calvin Coolidge, he promoted partnerships between government and business under the rubric "economic modernization". In the presidential election of 1928, Hoover easily won the Republican nomination, despite having no elected-office experience. Hoover is the most recent cabinet secretary to be elected President of the United States, as well as one of only two Presidents (along with William Howard Taft) elected without electoral experience or high military rank.
  Hoover, a globally experienced engineer, believed strongly in the Efficiency Movement, which held that the government and the economy were riddled with inefficiency and waste, and could be improved by experts who could identify the problems and solve them. He also believed in the importance of volunteerism and of the role of individuals in society and the economy. Hoover, who had made a small fortune in mining, was the first of two Presidents to redistribute his salary (President Kennedy was the other; he donated all his paychecks to charity). When the Wall Street Crash of 1929 struck less than eight months after he took office, Hoover tried to combat the ensuing Great Depression with moderate government public works projects such as the Hoover Dam. The record tariffs imbedded in the Smoot-Hawley Tariff and aggressive increases in the top tax bracket from 25% to 63%, coupled with increases in corporate taxes, yielded a "balanced budget" in 1933, but the economy plummeted simultaneously and unemployment rates rose to afflict one in four American workers. This downward spiral set the stage for Hoover's defeat in 1932 by Democrat Franklin D. Roosevelt, who promised a New Deal. After Roosevelt assumed the Presidency in 1933, Hoover became a spokesman for opposition to the domestic and foreign policies of the New Deal. In 1947, President Harry S. Truman appointed Hoover to head the Hoover Commission, intended to foster greater efficiency throughout the federal bureaucracy. Most historians agree that Hoover's defeat in the 1932 election was caused primarily by the downward economic spiral, although his strong support for prohibition was also significant. Hoover is usually ranked lower than average among U.S. Presidents.