Legally, what MUST appear on a coin?
dan1ecu
Posts: 1,573
I suppose the words United States of America have to be there. I’m sure the date is required. Anything else? There have been U.S. coins without the denomination. The motto In God We Trust has not always been on coins. What do we commonly see on our coins that’s optional?
How about the flip side – what cannot appear on a coin? Is there any law against having a sitting U.S. president on a coin? How about a non-American? Are any metals/alloys forbidden to use? What if the mint wanted to make plastic coins?
These questions just popped into my mind as I was reading today’s posts.
Dan
How about the flip side – what cannot appear on a coin? Is there any law against having a sitting U.S. president on a coin? How about a non-American? Are any metals/alloys forbidden to use? What if the mint wanted to make plastic coins?
These questions just popped into my mind as I was reading today’s posts.
Dan
0
Comments
The eagle must be on all coins 20c and over, not 25c...
Just joshin'.
William S. Burroughs, Cities of the Red Night
"Upon one side of all coins of the United States there shall be an impression emblematic of liberty, with an inscripton of the word Liberty, and upon the reverseside shall be the figure or representation of an eagle, with the inscriptions "United States of America" and E Pluribus Unum" and a designation of the value of the coin; but on the dimem 5 and 1 cent piece, the figure of the eagle shall be omitted. The motto In God We Trust shall be inscribed on all coins."
Later it states
"...coins shall be inscribed with the year of the coinage or issuance unless te Secretary of the Treasury, in order to prevent or alleviate a shortage of coins of any denomination, directs that coins of that denomination continue to be inscribed with the last preceeding year inscribed on coins of that denomination."
Jamericon is mistaken about it being illegal to have living people on the coinage. There is no such law. There is a law forbidding them from appearing on the "currency or obligations of the United States" but from reading the text of the laws it is clear that when they use the term currency they mean paper money. In the text of the laws when ever they refer to paper money they use the term currency and whenever they discuss coins they use the terms coins or coinage.
Cheers,
Bob
Also, the Mint has very limited authority to change the composition of U.S. coins. It may alter the percentages of zinc and copper in the cent (which is how we got the copper-plated zinc cent), and the Mint could produce gold American Eagles in a different fineness (.9999 fine, for example) to meet the demands of special markets. In both cases, Congress gave the Mint authority to make those changes without consulting Capitol Hill first. Otherwise, as dictated by the Constitution, Congress has authority to regulate coinage compositions, not the Mint. For example, the Mint could not have issued the Sacagawea dollar in its "golden" composition had Congress not granted it authority to make the change from the copper-nickel clad composition used for the Anthony dollar.
Title 31, Section 5112 (10)(d)(1) regulates the inscriptions that must appear on all U.S. coins. The ones on them now are required by this statute.
William T. Gibbs
News Editor
Coin World
News Editor
Coin World
<< <i>Otherwise, as dictated by the Constitution, Congress has authority to regulate coinage compositions, not the Mint. For example, the Mint could not have issued the Sacagawea dollar in its "golden" composition had Congress not granted it authority to make the change from the copper-nickel clad composition used for the Anthony dollar. >>
I wonder if the Mint ever explained why they believed the had the authority to make the twelve 22k gold Sacs that seem to have disappeared.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>Legally, what MUST appear on a coin? >>
why, fingerprints, of course!
K S