Franklin Mint
1944 Washington Quarter
Time for Change
The United States Congress is as soon as once more considering a number of points concerning our currency and coins. These embrace the Greenback, Quarter, and Cent. Many in congress wish to stick with the current designs, and cross laws in order that they can’t be changed.
The first regulation governing coin designs dates again to 1792. Many throughout this time wished our nation’s coins to bear the picture of George Washington. Washington was very adamant in opposition to this idea, referring to a coin bearing the picture of a person to being monarchical. In September of 1792 the Morris bill proposed our cash bear the emblematic picture of Liberty. Rep. John Page, who served under Washington in the course of the French and Indian wars not solely echoed the presidential objection, however pointed out that nonetheless happy they is perhaps with the incumbent, there was no motive to believe that their descendants could be happy with a few of his successors. Other members of Congress insisted that it was no real praise to put an image of Washington on a coin. The fundamental principles of coinage design were not for honoring people. It was hoped by the founding fathers that our coinage would signify and honor all of America. Girl Liberty was chosen as the design because she represented considered one of our foremost rights. A logo that every American might understand and embrace.
This invoice was signed into legislation on April 2, 1792. This act is the premise for subsequent American coinage laws; it is called “Statute One”.
The law of September 26, 1890 said that adjustments within the designs of United States cash can’t be made more often than every twenty-five years without congressional approval. Any design circulating twenty-5 years or more might be modified without their approval. Since that date, all denominations have changed, many times without the need of congressional action. As we speak, congress is infringing upon this law. The Jefferson five cent coin by the new law will revert back to an image of Jefferson and Monticello in 2006. Congress can also be contemplating a bill that may require the image of Washington to grow to be permanent on the Quarter, together with Lincoln on the Cent. They are following the early logic of Henry Ford. Mr. Ford thought that one automobile in one color was adequate for the masses. American’s didn’t accept this logic then, and we shouldn’t be forced to just accept it now.
We as Americans love and embrace change. We anticipate this in our fashions, cars, televisions, and in our on a regular basis lives. Would any of us be blissful if the producers of America determined that the current design had been the best for us, and never once more created anything new or different? Are we so conceited to believe that our choices right this moment are appropriate and acceptable for future generations?
The first design change of the Washington quarter passed off in 1999. This was the first major change since 1932. The United States Mint estimates that more than 100 million American’s accumulate the State Quarters. That equates to 1 in three of American’s gathering coins. The proof is obvious for all to see. What is going to occur to the 100 million plus American’s which can be at the moment gathering these coins when the designs revert back to the identical as they have been? What will be the cause to proceed collect coins? The United States Mint and the Bureau of Engraving earn a lot of their profits by reissuing currency that is now not in circulation. If our coins and currency are by no means once more modified, why would anybody want to pull it out of circulation? This can require the federal government to attend for them to put on out. Whereas foreign money has a median circulation of 18 to 24 months, coinage can flow into as much as 38 years.
Most People right this moment have solely witnessed just a few minor design adjustments in our currency. The last major change before the State Quarter program, was replacing Franklin on the half dollar with Kennedy. Now we’ve five of six coins bearing the likeness of a president. A new invoice is at the moment being heard on capital hill concerning a new dollar design. It will make our sixth and ultimate coin bearing a presidential design. The bill would create a brand new circulating commemorative coin honoring each president in their order of holding office. Most American’s would agree that each one of these men don’t have to be honored in this fashion. Our founding fathers knew this.
At Valueincoins.com find out all about 1932 s washington quarter, 1941 washington quarter, and 1939 washington quarter.
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