When was the James Monroe dollar coin made? This question often piques the interest of coin collectors and history enthusiasts alike. The James Monroe dollar coin, also known as the “Monroe Dollar,” was minted in the United States and serves as a tribute to the fifth President of the United States, James Monroe. To understand the significance of this coin, it is crucial to delve into its history and the circumstances surrounding its creation.
The James Monroe dollar coin was first produced in 2005, marking the bicentennial celebration of the Louisiana Purchase. This acquisition, which took place in 1803, was a pivotal moment in American history as it doubled the size of the United States. The coin was minted to honor the legacy of President Monroe, who played a significant role in the negotiation and ratification of the Louisiana Purchase.
The obverse side of the coin features a profile portrait of President Monroe, designed by sculptor Don Everhart. The reverse side depicts the Louisiana Purchase Treaty document, inscribed with the date “1803,” signifying the year of the purchase. The coin’s edge is inscribed with the phrase “In God We Trust,” which is a motto that has been a part of American currency since 1956.
The James Monroe dollar coin was minted in three different metals: silver, gold, and clad. The silver and gold coins were released in limited quantities, making them highly sought after by collectors. The clad coins, which are made of a copper-nickel alloy, were more widely distributed and available to the general public.
The coin’s design was chosen through a public competition, with the winning submission being the profile portrait of President Monroe. The Louisiana Purchase Treaty document was selected as the reverse design due to its historical significance and connection to President Monroe’s presidency.
In conclusion, the James Monroe dollar coin was made in 2005 to commemorate the bicentennial of the Louisiana Purchase and honor the legacy of President James Monroe. Its unique design and historical significance make it a cherished piece among coin collectors and history enthusiasts. The coin serves as a reminder of the United States’ expansion and the pivotal role that President Monroe played in shaping the nation’s history.
