The Herbert Hoover Presidential Dollar (Buy on eBay) continued the series of $1 coins honoring the former Presidents of the United States of America. The coin represented the third release of the year and the thirty-first release of the series overall.
Before becoming President, Herbert Hoover held government positions as a public administrator, food relief coordinator, and secretary of commerce under Presidents Warren G. Harding and Calvin Coolidge. He was nominated for President in 1928 and won with 58% of the popular vote. Throughout his term as President, he grappled with the impacts of the Great Depression and lost his bid for reelection by a wide margin. Most circulating coins saw their mintage sharply reduced due to the economic struggles of the Great Depression. However the 1932 Washington Quarter debuted during Hoover’s tenure in 1932.
The obverse design of the coin features a portrait of Herbert Hoover designed and engraved by Phebe Hemphill. The inscriptions include his name, the motto “IN GOD WE TRUST,” “31st PRESIDENT,” and the dates of the single term served “1929-1933.” The reverse of the coin featured the rendition of the Statue of Liberty designed and engraved by Don Everhart, which had been used throughout the series. The inscriptions include “UNITED STATES OF AMERICA” and the denomination “$1.” Incused edge lettering carries the date and mint mark of the coins as well as the motto “E PLURIBUS UNUM.”
On June 19, 2014, the United States Mint opened sales for circulating quality examples of the Herbert Hoover Dollar packaged in numismatic rolls, bags, and boxes. Available with coins from either the Philadelphia or Denver facilities, there were 25-coin rolls priced at $32.95, 100-coin bags priced at $111.95, and 250-coin boxes priced at $275.95. These products represented the primary method for acquiring circulating quality examples of the coins since they were not released for general circulation.
There were other products offered by the United States Mint throughout the year which also incorporated the coins. This included the annual Proof Sets, annual Mint Sets, a four coin Presidential Dollar Set, the Presidential $1 Coin Cover, and the Presidential $1 Coin & First Spouse Bronze Medal Set.
Total production for the circulating quality Herbert Hoover Presidential Dollar reached 4,480,000 pieces at the Philadelphia Mint and 3,780,000 pieces at the Denver Mint.
Coin Specifications:
- Denomination: $1.00
- Composition: 88.5% copper, 6% zinc, 3.5% manganese, 2% nickel
- Diameter: 26.5 mm
- Weight: 8.1g
- Thickness: 2.0 mm
- Edge: lettered
Coin Mintages:
- Philadelphia: 4,480,000
- Denver: 3,780,000
- San Francisco (Proof): 1,373,569
Other 2014 Presidential Dollars:
< Calvin Coolidge | Franklin D. Roosevelt >
