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May-17-2007 09:51printcomments

$1 Coin Featuring President John Adams Heads Into Circulation Nationwide Today

It is the first time the United States has featured President Adams on a coin.

john_adams_coin
Image: US Mint

(WASHINGTON, D.C.) - Millions of new John Adams Presidential $1 Coins are heading to the Nation’s banks and financial institutions.

It is the first time the United States has featured President Adams on a coin.

The United States Mint is marking the occasion with a ceremonial launch and coin exchange in John Adams’ birthplace of Quincy, Massachusetts, on Tuesday.

Those who cannot travel to Quincy may obtain John Adams Presidential $1 Coins at most banks and financial institutions throughout the country, starting today.

Banks that run out of John Adams Presidential $1 Coins are encouraged to re-order them.

The public may also order Presidential $1 Coins in bags and rolls at the United States Mint’s website www.usmint.gov.

“John Adams was a great patriot who helped draft the Declaration of Independence and served as Vice President and then President of our Nation in its early days,” said Director Edmund C. Moy. “This new coin provides the opportunity to learn more about our second President and his fascinating life. With the John Adams Presidential $1 Coin, like the George Washington Presidential $1 Coin before it, Americans are discovering that using a dollar coin is more convenient in many transactions.”

John Adams was the second President of the United States, and the coin commemorating John Adams is the second of the Presidential $1 Coin series, now in circulation.

The United States Mint inaugurated the Presidential $1 Coin series in New York with the George Washington Presidential $1 Coin on February 15th, 2007, in time for Presidents Day.

Nearly half a billion George Washington and John Adams Presidential $1 Coins have been ordered to date by the Federal Reserve for circulation.

Public awareness of the new Presidential $1 Coins has tripled from approximately 15 to 20 percent in November 2006, when the designs for the coins were unveiled in Washington D.C., to approximately 60 percent in March 2007.

Congress authorized and the President approved the Presidential $1 Coins with the Presidential $1 Coin Act (Act) of 2005.

The Act requires the Secretary of the Treasury to mint and issue $1 coins honoring the United States Presidents in the order in which they served, with four new designs annually.

Along with the George Washington and John Adams Presidential $1 Coins, coins featuring Thomas Jefferson and James Madison will roll out later in 2007.

Unique Designs Honor Historic Figures

The design of the John Adams Presidential $1 Coin, like all of the Presidential $1 Coins, was created to be bold and dramatic. Edge-lettering also draws attention to the inscriptions “E Pluribus Unum” and “In God We Trust,” as well as the date and the mint mark, distinguishing Presidential $1 Coins from all other coins in circulation today.

The new Presidential $1 Coins are identical in color and size to the Golden Dollar featuring Sacagawea, and have the same distinctive rim and tactile features to assist the visually impaired.

The obverse (heads side) of each coin will feature an image of a former President and the years of his term of office.

The reverse (tails side) displays an image of the Statue of Liberty and the inscriptions “United States of America” and “$1.”

Distributed through Banks and Other Financial Institutions

The United States Mint and the Federal Reserve are taking steps to enable businesses and the public to obtain the new John Adams Presidential $1 Coin and all of the Presidential $1 Coins, as they are released.

Like the George Washington Presidential $1 Coins, the John Adams Presidential $1 Coins will be shipped to banks and other financial institutions in rolls and small bags, unmixed with other $1 coins.

Banks may order and store each Presidential $1 Coin up to two weeks before its introduction so financial institutions will have supplies on hand on the release date.

The coins will be available to banks in unmixed rolls and bags for four weeks after the introduction of each design.

However, banks should not hesitate to re-order Presidential $1 Coins after the four-week window, in case there are remaining supplies.

The special ordering process begins again two weeks prior to the date on which a new Presidential $1 Coin is released.

Presidential $1 Coin Commemoration

Each President will be honored with a single Presidential $1 Coin, regardless of the number of consecutive terms he served, except for Grover Cleveland, the only United States President to serve non-consecutive terms. He will be honored on two coins. No living, former or current President can be honored on a coin.

For more information on the new Presidential $1 Coins, please visit www.usmint.gov/$1coin.




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Financial Head November 17, 2007 11:00 am (Pacific time)

The financial markets are in turmoil. Albert Marnell has keen perception.


Rosenberg May 20, 2007 1:51 pm (Pacific time)

No credible response huh Marnell? I understand, maybe the meds your on have been diminishing that limited cognitive ability. Is that why after your BA degree you couldn't go get an MBA or a CPA? What did you do, sales? Sell used cars? Carpeting?


Albert Marnell May 19, 2007 1:15 pm (Pacific time)

One other thing Rosy that is causing it is your hot air. I really am getting sick of you and will have to throw harsher realities of information about all to which you will be even more irritated. You are the one who attacks people if they disagree. Then you attack people that attack back. You are one hell of a sick cookie. I can tell that you are formally educated but you have "selective perception" which renders the former near worthless.


Albert Marnell May 19, 2007 1:09 pm (Pacific time)

Leveraged buyouts and I am not on a game show! The desire to use the cash in cash heavy corporate America. Most brokerage houses are issuing caution for a pull back. Stop tryin to test me Rosy, I know alot more than you think. Besides you go out of your way to disagree.


Rosenberg May 19, 2007 7:45 am (Pacific time)

Marnell what's your take on the current stock market? Is it at a record high because of low taxes? High energy costs? Too much water vapor in the atmosphere? What is causing this?


Albert Marnell May 18, 2007 5:10 pm (Pacific time)

Rosenberg, Would it bother you if your children married people who were African American? Be honest.. Spill the beans.


Albert Marnell May 18, 2007 4:52 pm (Pacific time)

Rosenberg, Giving you information is like taking something and putting it in a meat grinder. Your responses are out of whack with what is presented to you. Today I was busy and tired and tried to get alot done. No, today was not an easy day for me but it was not bad.


Rosenberg May 18, 2007 1:02 pm (Pacific time)

JB welcome to Marnell's twilight zone world. He pretty well demonstrates why debate with the far left will always be a waste of time...though in Marnell's case I think you can see something else is also going on, and it ain't pretty!


Albert Marnell May 18, 2007 10:50 am (Pacific time)

PRESIDENT JOHN ADAMS WOULD HAVE HATED THIS COIN MADE OUT OF JUNK METAL.....NOT ONE GRAIN OF GOLD! HE ALSO WOULD HAVE HATED THE CREATION OF THE FEDERAL RESERVE IN 1913.


Albert Marnell May 18, 2007 10:48 am (Pacific time)

REMEMBER THE SUSAN B. ANTHONY COIN! WHAT ANOTHER FLOP!


Albert Marnell May 18, 2007 10:36 am (Pacific time)

No, I do not think that the moon landing was staged. Why do you think that I hate America? Just because I hate a bulky coin with no precious metal in it? Just because I have seen this crap before and they are a pain to get rid of? I do hate propagandists and am starting to think that Rosenberg may be on a payroll of somesort. I also think that you may be Rosenberg.


JB May 18, 2007 9:23 am (Pacific time)

Albert, why do you hate America? You probaly think the moon landing was staged, don't you?


Albert Marnell May 18, 2007 5:21 am (Pacific time)

Hey JB, I just noticed that there is an advertisement about this coin. Are you one of the sales people pushing this crap?


Albert Marnell May 18, 2007 4:32 am (Pacific time)

President John Adams would be in a rage knowing that a coin was issued by the United States Mint and that the mint was controlled by a group of private bankers like David Rockefeller and get this; if Eddie Lampert gets his way with Citibank (another major bank of the New York regional bank) you will have the vulture that bought up K-Marts real estate as one of the people that have something to say about your hard earned money. Americans, please read about the fraud of the Federal Reserve System. David Rockefeller and friends should be tried for treason. Congress has the power to destroy them but they are all the same....Democrat or Republican...one is the Gambino family the other is the Genovese family. Until you understand the evolution of our money system, you know absolutely nothing about your own government and anything that you have read or have been taught. Check out the fraud of the federal reserve system online. Aaron Russo just did a great documentary that touches on the I.R.S. and the Federal Reserve. It is called: America: Freedom to Fascism. There is so much information out there, even in encylopedias. You will not get knowledge by watching the television. As a matter of fact, your I.Q. will go into remission.


Albert Marnell May 18, 2007 4:03 am (Pacific time)

JB, You are right. I am brilliant. Someone like yourself who just name calls such as "loser" does not have the ability or knowledge to engage in logical or rational discussion. I also find it interesting that you are whining about what you perceive to be my whining. How long have you been wineing while your throw childish insults about my whining? Stick to the JandB. Wine seems to agitate people when it wears off.


jb May 17, 2007 7:14 pm (Pacific time)

You must be on the computer all day to notice that I am on the computer all day. That's brillant did you come up with that on your own loser?


Albert Marnell May 17, 2007 6:16 pm (Pacific time)

JB, You must be on the computer all day to notice that I am on the computer all day. I also use the computer for generating income and can jump back and forth between sites. You are probably Rosenberg. Either way have another JandB.


JB May 17, 2007 4:09 pm (Pacific time)

All you ever do is whine whine whine. Why don't you go out and do some volunteer work instead of being on the computer all day


Albert Marnell May 17, 2007 11:46 am (Pacific time)

Every so many years, they come up with this nonsense. When I can get a gold coin let me know and I will load up on it. There must be an agenda that I did not pick up on in the article or do not have the time to invest to find out. This crap is no different than paper and do not burden yourself with it. Until we have real money, ignore this junk.

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