This limited-edition masterpiece is layered in 24k gold and comes in a protective shell to protect it for future generations. The reverse features a special 100th Anniversary Edition tributeto the beloved President with the famous quote from his 1961 inaugural address. Minted to the highest quality "Proof" standard, Kennedy's portrait stands out in stunning detail with the coin's 2017 release date on the obverse.
His assassination on November 22, 1963, in Dallas, Texas, devastated the nation.Īvailable exclusively from American Mint, this brand new 2017 coin is specially minted to mark the 100th Anniversary of JFK's birth. Good looks and a natural charisma may have made him popular, but it was his leadership and strength that made him one of the greatest Presidents in our nation's history. " Americans proudly embraced the vigor and vision of their young President.
In 1961, during his inaugural address, JFK evoked the trueAmerican spirit when he said "ask not what your country can do for you - ask what you can do for your country. Kennedy was a war hero, a congressman, and a Pulitzer Prize-winning author before being elected the 35th President. Kennedy 100th Anniversary Edition Coinīorn in 1917, John F. This article was written by GovTrack Insider staff writer Jesse Rifkin.2017 John F. John McCain has expressed openness to the idea of either discontinuing or significantly altering the penny, but it has yet to be done. In practice, everyone from Democratic President Barack Obama to Republican Sen. In theory, this is a nonpartisan bill which should be able to attract support from both sides of the aisle. John McCain, died last year.) It awaits a possible vote in the Senate Banking, Housing, and Urban Affairs Committee. (The lead sponsor of 2017’s COINS Act, Sen. The bill has not yet attracted any cosponsors. For example, while about two cents are lost on each nickel produced, each $1 bill only costs about 5.5 cents - for a gain of 94.5 cents. Opponents counter that even if taxpayers are losing some small amount on coin production, that’s more than cancelled out by paper bill production. That’s why I’ve put forward this commonsense bill that will allow the Mint the flexibility to use cheaper materials to produce certain coins, without changing the size or functionality of them.” “Right now, it costs hardworking taxpayers seven cents to make one nickel. “Iowa taxpayers are getting nickeled-and-dimed by the increasing costs of certain metals for producing coins,” Sen. Supporters argue the bill is a fiscally responsible way of bringing down costs to produce American currency. It was introduced in the Senate on June 12 as bill number S. Although that number is difficult to independently verify, there’s no doubt it would save taxpayers at least some level of money. Sponsors estimate the bill would save $150 million over the next decade. Mint to change the metallic composition of all American coins, which would bring costs down.Īll coins would still be required to maintain their current diameters and weights, because otherwise vending machines might not recognize future coins of different sizes. The Currency Evolution Now To Save Act would allow the U.S. Perhaps recognizing this, advocates of currency reform are now trying a slightly different tack. However, that bill failed to receive a Senate committee vote. The COINS Act of 2017, which GovTrack Insider covered, would have discontinued penny production entirely. The Flowing Hair Silver Dollar (1794) Why Your Wisconsin Quarter Could Be Worth a Lot More Than You Think. The 2017 Frederick Douglass Quarter Value and Prices. Mint’s annual report, taxpayers lost about $85.4 million from penny production and $33.5 million from nickel production last year. Learn the numismatic values of standard and unique coins in the United States. Based on estimates from numbers in the U.S. It might sound funny, but so many coins are produced annually that the cost actually adds up. In other words, American taxpayers lose money every time the U.S. It currently costs 2.06 cents to make each penny and 7.53 cents to make each nickel. Here’s a penny for your thoughts - except that will actually cost you 2.06 cents.