Options
When do you thing the current series of US Coins (cent through half) will be replaced with new desig
SanctionII
Posts: 12,571 ✭✭✭✭✭
I understand the cent may not be made after 2009, but what about the other series?
0
Comments
Perhaps the elimination of the cent on 09 will fuel some changes. Who knows for sure.
The name is LEE!
This is a topic about which we get many inquiries. It is important to note, first, that the designs chosen for United States circulating coinage are, for the most part, mandated by the Congress. The coin redesign issue has generated significant Congressional interest in recent years. There have been many legislative proposals introduced in Congress providing for the redesign of U.S. circulating coinage. The most recent such legislation that was enacted by Congress and signed by the President provides for the production of 50 "Statehood" quarters that will be manufactured over the next 10 years. Each one will bear a reverse design honoring one of the 50 states. Also, beginning in 2000, the Treasury Department will begin circulating a new one-dollar coin. The law provides that no change shall be made in the design of any United States coin more often than once in 25 years. The alternative is specific authority from the Congress. The law also permits the Director of the United States Mint to determine what designs shall be placed upon United States coins as they become eligible. However, the Secretary of the Treasury generally defers to Congress in this matter, and there is no intention to alter this arrangement. The last administrative changes to our coin designs were many years ago. First, in 1946 the likeness of President Roosevelt was placed on the ten-cent coin. Also, in 1959 the reverse of the one-cent coin changed to honor the 150th anniversary of President Lincoln's birth.
Sometimes when a new design is approved, a number of sculptors are invited to submit models. On other occasions national competitions have been held. Also, through the years the Mint's sculptors have prepared the designs. The components of the design may be prescribed by law, or the artists allowed latitude in creative preparation. The designs are then placed before the Commission on Fine Arts for consideration of their artistic merits and submitted to the Secretary of the Treasury for final approval. All details of execution and manufacture are handled by the Director of the Mint.
Always to be considered in preparing a design are the inscriptions and devices that are required by law. Title 31, Section 324 of the United States Code states that "Upon the coins there shall be the following devices and legends: Upon one side there shall be an impressions emblematic of liberty, with an inscription of the word "LIBERTY" and the year of the coinage and upon the reverse 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 dime, 5-, and 1-cent piece the figure of an eagle shall be omitted; and the motto IN GOD WE TRUST shall be inscribed prior to May 18, 1908." The Act of July 11, 1955, amended the last provision and provides that IN GOD WE TRUST shall now appear on all United States coins and currency. Generally speaking, these requirements are followed.
I am a collector
And things, well things
They tend to accumulate
I had hopes that the nickel would change to one of the special designs the mint has used over the last couple of years. No such luck! The tired Jefferson and the ugly trolley car, that is labeled "Monticello" are still there.
I know that Virginia got a bill passed that will leave Jefferson in the nickel forever, but the least they could have done would have been to have used Schlag's original design for Monticello and sent the trolley car to the junk heap.
<< <i>I understand the cent may not be made after 2009, but what about the other series? >>
Depends upon the Virginia congressional delegation!