The United States Mint, created by Congress in 1792, is the Nation’s unique manufacturer of dollars (bills and coins), so that the country can conduct its trade and commerce. In addition to producing currency, 5 the United States Mint also produces uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum coins. Today the United States Mint announced the new designs that will appear on the Presidential $1 Coins 10 in 2012. Each coin has two sides: the heads and the tails. The obverse (heads sides) of the coins will bear portraits of former Presidents Chester Arthur, Grover Cleveland (first term), Benjamin Harrison and Grover Cleveland (second term). 15 Inscriptions on the obverse of each coin include the President’s name, the years of his term in office, a number indicating the order in which he served, and the inscription IN GOD WE TRUST. The portraits of Chester Arthur and Grover Cleveland were designed 20 and sculpted by United States Mint Sculptor-Engraver Don Everhart. The portrait of Benjamin Harrison was designed and sculpted by United States Mint Sculptor- Engraver Phebe Hemphill. All coins in the Presidential $1 Coin Program 25 bear a common reverse (tails side) featuring the iconic Statue of Liberty, designed and sculpted by Everhart. Inscriptions on the reverse are $1 and UNITED STATES OF AMERICA. The year of minting, or issuance, E PLURIBUS UNUM and the mint mark 30 are incused on the edge of the coins. The Presidential $1 Coin Program is authorized by Public Law 109-145. Although production of circulating Presidential $1 Coins will soon be suspended, collectible versions of the coin will 35 continue to be available in select United States Mint offerings. For information on the availability and pricing of products featuring Presidential $1 Coins, visit http://www.usmint.gov/catalog or call 1-800-USAMINT (872-6468).
WASHINGTON, January 5, 2012 (Press Release by the US Mint)
Available at :<http://www.usmint.gov/pressroom/?action=press_ release&id=1319>. Retrieved on: Jan. 10, 2012. Adapted.
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