Roll of (25) 2007 $1 George Washington Presidential coins
Background
Following the ratification of the Constitution of the United States, the Electoral College unanimously elected George Washington to serve as the United States’ first President.
The former General and Commander in Chief of the Continental Army served two terms as president, holding the office from 1789 to 1797.
On June 1, 1789, President George Washington signed the country’s first Act of Congress, concerning the administration of oaths. In 1791, President Washington presided over the Nation’s first recorded Cabinet meeting, which included Alexander Hamilton as the United States’ first Secretary of the Treasury and Thomas Jefferson as the first Secretary of State.
President Washington himself laid the cornerstone for the United States Capitol building in Washington, D.C., on September 18, 1793.
Washington also laid the groundwork for the United States’ earliest foreign policy stance when he issued his Declaration of Neutrality in 1793, a direct response to the emerging conflict between England and France.
Coinage Legislation under President George Washington
The Coinage Act of April 2, 1792 — Commonly referred to as the Mint Act, this Act establishes the United States Mint at Philadelphia, the Nation’s capital at the time. The Mint Act called for the production of the following coins, and specified their weight in gold, silver or copper: half-cent, cent, half-dime, dime, quarter-dollar, half-dollar, dollar, quarter-eagle ($2.50), half-eagle ($5.00), and eagle ($10).
Act of May 8, 1792 — This Act authorizes the Director to purchase up to 150 tons of copper for the coining of cents and half-cents.
Act of January 14, 1793 — This Act establishes the metal content of cents and half-cents.
Act of February 9, 1793 — This Act establishes foreign exchange rates, and ends the acceptance of foreign coinage (with the exception of the Spanish milled dollar) as legal tender in the United States.
Act of March 3, 1794 — This Act provides an accounting method of receiving metals for the purpose of producing coins from the metals received.
Act of March 3, 1795 — This Act establishes the positions of melter and refiner of the United States Mint and grants the President the authority to reduce the amount of copper used in both the cent and half-cent.
United States Mint Directors appointed by President Washington
1792 David Rittenhouse — First Director of the United States Mint
1795 Henry William de Saussure — Second Director
1795 Elias Boudinot — Third Director
Characteristics
Obverse Inscriptions
- GEORGE WASHINGTON
- 1ST PRESIDENT 1789-1797
Reverse Inscriptions
- UNITED STATES OF AMERICA
- $1
Incused (edge) Inscriptions
- 2007
- E PLURIBUS UNUM
- IN GOD WE TRUST
- mint mark ("P", "D," or "S")
Mint and Mint Mark
Artist Information
Obverse- Joseph Menna, Medallic Artist
- Designer: Don Everhart, Sculptor-Engraver
There are no bids for the lot at this time
Huge Online Only Auction of Coins & Currency including Gold, Platinum, & Silver mint proof & uncirculated sets, Gold & Silver proof & uncirculated coins, (30) 5 oz. silver coins, mint & proof sets, collectible currency, uncirculated rolls of $1 coins and commemorative quarters, and more! Auction begins to close at 5 PM on Sunday, November 24, 2024. Items close 3 items per minute, with a "soft close" (meaning if there is a bid in the last 5 minutes of scheduled bidding, the software extends the bidding for 5 minutes to allow more bidding to occur, until there is 5 minutes with no bidding activity). Please note the earlier than usual closing time and the additional item per minute due to the number of lots in this auction (over 680 lots).
Pick-up of items will be BY APPOINTMENT on Monday, November 25 between 9 AM and 7:30 PM at our facility in northeast Columbus near the intersection of Cleveland Ave. and Innis Rd, Columbus Ohio 43224. If you are the high bidder, you will receive an email notice that your invoice is ready after all items in the auction have closed; your invoice will include a link to sign up for your pickup appointment. All items must be paid for and removed at that time, no exceptions. There is no shipping or delivery available for this auction.
All coins held off-site until day of pickup. Armed security will be on site for pickup day.
Buyer's Premium of 13% will be added to the final bid price. There is a 3% discount for cash payments. NO CHECKS WILL BE ACCEPTED. You may pay by cash, Visa, Mastercard, Discover, American Express, or PayPal.
All items are purchased AS-IS, WHERE-IS. Please contact Mark at mark@mvhauctioneer.com for any questions prior to bidding.
Auction begins to close at 5 PM on Sunday, November 24, 2024. Items close 3 items per minute, with a "soft close" (meaning if there is a bid in the last 5 minutes of scheduled bidding, the software extends the bidding for 5 minutes to allow more bidding to occur, until there is 5 minutes with no bidding activity). Please note the earlier than usual closing time and the additional item per minute due to the number of lots in this auction (over 680 lots).
Pick-up of items will be BY APPOINTMENT on Monday, November 25 between 9 AM and 7:30 PM at our facility in northeast Columbus near the intersection of Cleveland Ave. and Innis Rd, Columbus Ohio 43224. If you are the high bidder, you will receive an email notice that your invoice is ready after all items in the auction have closed; your invoice will include a link to sign up for your pickup appointment. All items must be paid for and removed at that time, no exceptions. There is no shipping or delivery available for this auction.
All coins held off-site until day of pickup. Armed security will be on site for pickup day.
If you are the high bidder, you will receive an emailed invoice after all items in the auction have closed; your invoice will include a link to sign up for your pickup appointment. Appointments are made only through this system, they cannot be reserved in advance
Buyer's Premium of 13% will be added to the final bid price. There is a 3% discount for cash payments. NO CHECKS WILL BE ACCEPTED. You may pay by cash, Visa, Mastercard, Discover, American Express or PayPal.
All items are purchased AS-IS, WHERE-IS. Please contact Mark at mark@mvhauctioneer.com for any questions prior to bidding.
To review the complete general terms for our online auctions that you agreed to when you registered, CLICK HERE.
Columbus, Ohio 43224
United States
Pick-up of items will be BY APPOINTMENT on Monday, November 25 between 9 AM and 7:30 PM at our facility in northeast Columbus near the intersection of Cleveland Ave. and Innis Rd, Columbus Ohio 43224. If you are the high bidder, you will receive an email notice that your invoice is ready after all items in the auction have closed; your invoice will include a link to sign up for your pickup appointment. All items must be paid for and removed at that time, no exceptions. There is no shipping or delivery available for this auction.
All coins held off-site until day of pickup. Armed security will be on site for pickup day.
If you are the high bidder, you will receive an emailed invoice after all items in the auction have closed; your invoice will include a link to sign up for your pickup appointment. Appointments are made only through this system, they cannot be reserved in advance