The Presidential Dollar Coin Act ( Public Law 109-145 ) was passed into law on December 22, 2005. The Act compelled the Secretary of the Treasury to “ mint coins in memorial of each of the Nation ’ s past Presidents and their spouses, respectively, to improve circulation of the $ 1 coin, [ and ] to create a new bullion mint ”. The architects of the jurisprudence, citing the success of the 50 States Commemorative Coin Program ( 31 U.S.C. 5112 ( l ) ), believed that the insertion of regularly exchange designs would radically increase need for a $ 1 mint, which despite early signs of consumer matter to, had failed to achieve widespread use after its debut in 2000 .
The beginning four presidential dollar designs debuted in 2007, but–like the Sacagawea dollar that preceded them–the coins found little public accompaniment in commerce. In 2011, the United States Mint curtailed the product of the Presidential ( and Native American ) dollar coins and began to strike them entirely for the purpose of selling them to collectors .
The John F. Kennedy $1 coin is the third base of four presidential dollar coin designs issued in 2015.
The coin was struck as a numismatic collectible and not produced in quantity for circulation. demand for the popular president elevated the coinage figures for this issue over that of the other 2015 releases .
The Mint sold the issue in Mint sets, special presidential dollar sets, bags, and rolls. As each of these items was sold at a premium over face value, any release of this emergence into circulation would be purposeful on contribution of a collector, or incidental on the contribution of person who had been given one as a endowment or who had some other reason for spending them .
The typical case as assume would fall between the grades MS63 to MS66 if grade standards were rigorously enforced. PCGS and NGC graded a considerable number of Presidential dollars for mod coin marketers during the series ’ nine-year melt. By 2015, collector enthusiasm for Presidential dollars had waned and flush though Kennedy was a popularly remembered president, submission numbers for uncirculated dollars paled in comparison to earlier presidential dollar releases, specially the Missing Edge Lettering mint errors, which escaped the Mint in boastfully quantity in the beginning class of the series .
Both PCGS and NGC report examples at MS68. PCGS, which has graded fewer examples, reports ten in the grade at the time of this writing- and distinguishes the edge lettering orientation- a minor but not numismatically insignificant detail. NGC has reported 96 grading events at the MS68 tied. At MS68, expect dealers to ask between $ 350 and $ 500 for an case. At MS67, coins are much more affordably priced at between $ 25 and $ 30. Is this a fair price to pay for a not-intended for circulation mint with a $ 1 face prize and nine million examples struck ? That all depends on your collection goals .
Time will prove that the “ golden dollar ” admixture does not hold up well to time. Any homo contact and environmental exposure will hasten the appearance of tarnish. Some may tone in attractive ways, but this is not distinctive. At the very least, an encapsulate example is preserved to some degree. If your goal is to complete a set, we would recommend certified for preservation and bleak examples in rolls or flips if affordability is the deciding factor. The going pace for a loose coin is about $ 3.50.
Inspired by Aaron Shikler’s Official Presidential Portrait of John F. Kennedy, Don Everhart’s obverse for the Kennedy $ 1 coin offers up an unusual and somber picture of the slain President. On the coin, Kennedy looks downward and to the leave. The muscles on his font appear strained, as if he is abstruse in think. Kennedy ’ south hair is neatly groomed, his partially is accentuated. His coat is form-fitting. The couturier ’ s initials “ DE ” are located on Kennedy ’ s left shoulder. The coin ’ mho inscriptions wrap around the rim of the coin and read : JOHN F. KENNEDY, IN GOD WE TRUST, 35th PRESIDENT, and 1961-1963 .
Don Everhart ’ s revoke design features an ant ’ s-eye view of the Statue of Liberty offset to the entrust. On the mint, Liberty occupies the buttocks good quadrant of the coin, her extended elbow being the coin ’ second center period. The design is framed by a thin inside traffic circle, which separates the graphic invention from the coin ’ south caption, which reads : UNITED STATES OF AMERICA. Beneath Liberty ’ second extended torch-bearing arm is the appellation $ 1. This is the common revoke design for all Presidential Series $ 1 coins .
The date and mintmark, vitamin a well as the motto E PLURIBUS UNUM, are incused on the edge of the Kennedy Presidential $ 1 coin .
Don Everhart joined the United States Mint sculpt and engraving department in 2004, after a long and successful career as a sculptor and couturier of medals ( View Designer ’ s Profile ) .
|Year Of Issue:||2015|
|Alloy:||.770 Copper, .120 Zinc, 0.070 Manganese, 0.040 Nickel|
|OBV Designer||Don Everhart|
|REV Designer||Don Everhart|