Library Of Congress Bimetallic Eagle
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Library Of Congress Bimetallic Eagle
The Library of Congress bimetallic eagle is a modern U.S. commemorative coin issued in the ten dollar denomination. It is the first gold and platinum bimetallic coin to be issued by the United States Mint. It was issued in proof and business strike qualities. The issue price was $425 for the proof version and $405 for the uncirculated (business strike) version. Design The bimetallic coin design was inspired by the graceful architecture of the library's Jefferson Building. The outer ring is stamped from a sheet of gold, then a solid core of platinum is placed within the ring. Then, the gold ring and platinum core are simultaneously stamped forming an annular bead where the two precious metals meet. The obverse depicts the hand of Minerva, the Goddess of Wisdom, raising the torch of learning aside the dome of the Thomas Jefferson Building. The coin's reverse is marked with the Library of Congress seal encircled by a laurel wreath, symbolizing its national accomplishment. Specifi ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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United States Mint
The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money; that responsibility belongs to the Bureau of Engraving and Printing. The first United States Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point. History The Massachusetts Bay Colony established a mint in Boston in 1652. John Hull was Treasurer and mintmaster; Hull's partner at the "Hull Mint" was Robert Sanderson. The historical marker reads: The first authorization for the establishment of a mint in the United States was in a resolution of the Congress of the Confederation of February 21, 1782, and the first general-circulation coin of the United States ...
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Currencies Introduced In 1999
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "currency ...
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Library Of Congress Silver Dollar
Library of Congress silver dollar is a commemorative coin issued by the United States Mint in 2000. The coin was part of a two-coin series authorized by commemorating the 200th anniversary of the Library of Congress. Design The obverse of the coin was designed by US Mint engraver Thomas D. Rogers. It features two books, one closed and one open, superimposed over the torch of learning. The reverse was designed by John Mercanti, who had designed many commemorative coins in the past, and features the dome of the Library of Congress' Thomas Jefferson Building. Production and sales Public Law 105–268 authorized a total of 500,000 Library of Congress dollars. Sales of the coin began on April 24, 2000, and when sales ended at the end of the year, 53,264 uncirculated and 198,503 proof coins (both produced at the Philadelphia Mint) were sold. Although more dollar coins were sold than its companion coin, the Library of Congress eagle, it was the latter that became more popula ...
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United States Commemorative Coins
The United States Mint has minted numerous commemorative coins to commemorate persons, places, events, and institutions since 1848. Many of these coins are not intended for general circulation, but are still legal tender. The mint also produces commemorative medals, which are similar to coins but do not have a face value, and therefore are not legal tender. History Early commemoratives The earliest commemorative coin minted by the US Mint was the 1848 "CAL" quarter eagle, which commemorated the finding of gold in California. These coins were standard quarter eagles that were modified by punching ''CAL.'' onto the reverse above the eagle. Most standard US commemorative coin lists begin with the 1892 Columbian half dollar commemorating the 400th anniversary of Columbus' voyage to America. The following year, the Columbian Exposition quarter dollar featuring Queen Isabella of Spain was issued. In 1915, the mint issued the Panama–Pacific half union, which had a face value o ...
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American Administrative Law
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * Ba ...
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West Point Mint
The West Point Mint is a U.S. Mint production and depository facility erected in 1937 near the U.S. Military Academy in West Point, New York, United States. the mint holds 22% of the United States' gold reserves, or approximately 54 million ounces (over $100 billion USD ). The mint at West Point is second only to the gold reserves held in secure storage at Fort Knox. Originally, the West Point Mint was called the West Point Bullion Depository. At one point it had the highest concentration of silver of any U.S. mint facility, and for 12 years produced circulating Lincoln cents. It has since minted mostly commemorative coins and stored gold. It gained official status as a branch of the United States Mint on March 31, 1988. Later that year it was listed on the National Register of Historic Places. Building Prior to its 2005 remodel that added a second story, the mint was a one-story reinforced concrete structure with a flat roof. The walls are mostly featureless with some reces ...
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Library Of Congress
The Library of Congress (LOC) is the research library that officially serves the United States Congress and is the ''de facto'' national library of the United States. It is the oldest federal cultural institution in the country. The library is housed in three buildings on Capitol Hill in Washington, D.C.; it also maintains a conservation center in Culpeper, Virginia. The library's functions are overseen by the Librarian of Congress, and its buildings are maintained by the Architect of the Capitol. The Library of Congress is one of the largest libraries in the world. Its "collections are universal, not limited by subject, format, or national boundary, and include research materials from all parts of the world and in more than 470 languages." Congress moved to Washington, D.C., in 1800 after holding sessions for eleven years in the temporary national capitals in New York City and Philadelphia. In both cities, members of the U.S. Congress had access to the sizable collection ...
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Thomas Jefferson Building
The Thomas Jefferson Building is the oldest of the four United States Library of Congress buildings. Built between 1890 and 1897, it was originally known as the Library of Congress Building. It is now named for the 3rd U.S. president Thomas Jefferson, whose own book collection became part of the library in 1815. The building is located on First Street SE between Independence Avenue (Washington D.C.), Independence Avenue and East Capitol Street in Washington, D.C., across from the U.S. Capitol. The Beaux-Arts architecture, Beaux-Arts style building is known for its classicizing facade and elaborately decorated interior. The building's main architect was Paul J. Pelz, initially in partnership with John L. Smithmeyer, and succeeded by Edward Pearce Casey during the last few years of construction. The building was designated a National Historic Landmark in 1965. Design John L. Smithmeyer and Paul J. Pelz won the competition for the architectural plans of the library in 1873. The st ...
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Business Strike
A circulation issue or circulation coin,_ (1988). ''The American Coin Redesign Act'', Volume 4, by United States Congress Senate Committee on Banking, Housing, and Urban Affairs. sometimes called a business strike (US), is a coin minted and issued for commerce as opposed to those made as commemorative coins and proof coins. Circulation issue coins are normally produced in relatively large numbers, and are primarily meant to be used as pocket change, not collected. Even though special collector coins, such as proof coinage Proof coinage refers to special early samples of a coin issue, historically made for checking the dies (as in demonstrating that something is true) and for archival purposes. Nowadays proofs are often struck in greater numbers specially for co ..., are produced in smaller numbers, the circulation issue coins are sometimes more valuable in high grade than their proof counterparts. This is because whereas proof coins are almost always carefully preserved by t ...
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Proof Coinage
Proof coinage refers to special early samples of a coin issue, historically made for checking the dies (as in demonstrating that something is true) and for archival purposes. Nowadays proofs are often struck in greater numbers specially for coin collectors (numismatists). Nearly all countries have issued proof coinage. Preparation of a proof striking usually involved polishing of the dies. They can usually be distinguished from normal circulation coins by their sharper rims and design, as well as much smoother "fields" – the blank areas not part of the coin's design. The dies for making modern proof coins are often treated with chemicals to make certain parts of the design take on a frosted appearance, with the polished fields taking on a mirror finish. Several other methods have been used in the past to achieve this effect, including sand blasting the dies, and matte proofs. Proof coins of the early 19th century even appear to be scratched, but it was part of the production ...
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