The George Washington dollar coin is a series of circulating commemorative coins in the United States that features the likeness of the first President of the United States, George Washington. It was first issued in 2007 as part of the Presidential Dollar Coin Program, which aimed to honor each of the country’s past Presidents with a dollar coin featuring their image.
The Presidential Dollar Coin Program was a series of circulating commemorative coins in the United States that honored each of the nation’s past Presidents. The program was authorized by the Presidential $1 Coin Act of 2005 and ran from 2007 to 2016. During this period, the United States Mint issued dollar coins featuring the likeness of each of the country’s Presidents, starting with George Washington and ending with Ronald Reagan.
The Presidential Dollar Coin Program was designed to increase the use of dollar coins in circulation, as well as to commemorate the contributions of the country’s past Presidents. The coins were issued in the order that the Presidents served, and they were released at a rate of four per year. The coins were struck with the President’s likeness on the obverse (front) and the Statue of Liberty on the reverse (back).
The George Washington dollar coin is golden in color and has a smooth edge, with a likeness of George Washington on the obverse (front) and the Statue of Liberty on the reverse (back). The coin has a diameter of 26.5 millimeters and a weight of 8.1 grams. It was made of 88.5% copper, 6% zinc, 3.5% manganese, and 2% nickel.
The George Washington dollar coin is legal tender in the United States and can be used for transactions just like any other dollar coin or paper bill. Despite this, the coin is primarily collected by numismatists and is not widely used in daily commerce.
The George Washington dollar coin is just one of many commemorative coins that the United States has issued over the years. By honoring significant individuals and events in American history, these coins help to preserve the nation’s heritage and provide a tangible link to the past.
On February 15, 2007, an unknown quantity of George Washington Presidential $1 coins were released into circulation without their customary edge inscriptions, including the U.S. mottos “In God We Trust” and “E pluribus unum,” the coin’s mint mark, and year of issuance. The estimate is that at least 50,000 coins were released without the edge inscriptions, with the first coin discovered being sold on eBay for $600. The missing motto “In God we trust” led some articles to refer to these coins as “Godless dollars,” and fake versions of these coins with the edge lettering removed were also produced.
To determine if a coin is rare and valuable, you should consider several factors, including the coin’s rarity, condition, demand among collectors, and historical significance. You can also consult a professional coin grading service or a knowledgeable coin dealer for a professional opinion. It’s important to note that the value of a coin can change over time and can be influenced by a variety of factors, including market conditions and historical events.
George Washington was the first President of the United States, serving from 1789 to 1797. He was unanimously elected by the Electoral College and is often regarded as one of the most influential and respected figures in American history. During his presidency, Washington oversaw the establishment of the federal government, the adoption of the Bill of Rights, and the expansion of the country through the Northwest Ordinance. He also successfully navigated the challenges of the Whiskey Rebellion and managed to maintain the country’s neutrality during the French Revolution. After two terms in office, Washington chose to step down from the presidency, setting a precedent for peaceful transfers of power that has continued to this day. His legacy as a founding father and a symbol of American leadership and patriotism remains strong in the United States.