The Eisenhower Dollar series marked the return of large sized dollar coins after a lapse of greater than 30 years. The sequence was produced from 1971 to 1978 with cash minted at the Philadelphia, Denver, and San Francisco Mints. Through the short duration of the collection, many particular cash were created for collectors together with 40% silver cash and a particular Bicentennial coin in 1976.
The preceding series of silver [dollars] was known as the Peace Dollar. These coins had been minted from 1921 to 1935. From 1935 to 1964, no additional silver dollar coins have been produced. The denomination virtually made a come again in May of 1965 when over 300,000 cash were produced by order of the President. Assembly later overruled this direct and demanded that production cease and all cash be melted. Later that 12 months Congress passed the Coinage Act which included a ban on production of silver dollar cash for at the least five years.
After the five 12 months period, the idea began to emerge to create a brand new dollar coin. The design would honor Dwight D. Eisenhower who had died in 1969 and the Apollo eleven space flight, which had put the first man on the moon. The authorizing laws for the new coin was finally handed late in December 1970. It called for the production of huge sized dollar coins caught within the prevailing copper nickel clad composition, but also approved the production of 40% silver versions for coin collectors.
The obverse of the Eisenhower Dollar coin includes a portrait of the former President ready by the Chief Engraver of the United States Mint Frank Gasparro. The swap of the coin was additionally ready by Gasparro based mostly on the Apollo eleven mission insignia. A Bald Eagle is shown touchdown 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 part of America’s Bicentennial celebration. Robert R. Williams designed the brand new reverse which featured a rendition of the Liberty Bell with the Moon within the background. It was a becoming strategy to acknowledge the original design while creating a new one to have a good time America’s 2 hundredth anniversary. The unique reverse design was resumed in 1977.
Throughout most of the Eisenhower sequence, special coins have been produced for collectors. This included forty% silver uncirculated variations of the coin struck on the San Francisco Mint. These cash were packaged in blue envelopes and bought on to collectors at a premium. The San Francisco Mint additionally produced forty% silver proof versions which were packaged in brown boxes. Lastly, in 1976 a special three coin set of 40% silver coins was produced. The three cash included the quarter greenback, half dollar, and dollar.
Although the Eisenhower Greenback sequence was brief, it presents modern collectors many highlights. It was the final giant sized dollar coin, adopted by the smaller Susan B. Anthony Dollars. The special Bicentennial situation gives a second reverse design. Lastly, the numerous totally different variations of the coins make assembling an entire set a challenge. Lately the sequence has gained some recognition, particularly after the return of the greenback coin and the new Presidential Dollar series.
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