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May Coin of the Month

Calvin Coolidge Presidential $1 Coin

Let's take a peek at the man behind the Calvin Coolidge Presidential $1 Coin!  Born on the fourth of July, John Calvin Coolidge ran as Vice President with Warren Harding and beat their Democratic opponents by a wide margin.  Their “return to normalcy” platform was just what the country was looking for after the progressive policies of the administrations before them. 

Coolidge was clearly a man of few words, but also a man of character and integrity.  Although shy with strangers, he was also hospitable, thrifty, and honest.  Those qualities may have been especially important during the wildly prosperous “Roaring Twenties.”  Coolidge seemed so much like the common man that people referred to him as “Cal.”

He strongly believed that the reach of the federal government was limited by the Constitution, which was a popular view at the time.  But some said his style was too ”hands off,“ perhaps best shown by his determination not to regulate the stock market.  The market's growth to the point that half of the stocks traded were worthless helped bring about the crash of 1929 (some months after he left office) that ushered in the Great Depression. 

His foreign policy was mostly one of noninvolvement, but he did encourage and sign the Kellogg-Briand Pact, an international agreement to outlaw war.  At home, he signed legislation to help the radio industry, commercial aviation, railroad management, and overall, to cut taxes. 

Though some people knew him as “Silent Cal” and saw him more as a man of maintenance than of vision, he never pretended to be a great leader…only to live up to his 1924 campaign slogan:  ”Keep Cool With Coolidge.“  Check out his cool Coolidge Presidential $1 Coin page! 

—Inspector Collector 

The front of the Coolidge Presidential $1 Coin.
Obverse:  Calvin Coolidge, 30th president (1923 to 1929), is front and center.

The Statue of Liberty on the back of the Presidential $1 coin.
Reverse:  The Statue of Liberty accompanies the inscriptions “United States of America” and “$1.”  Other inscriptions are found around the coin's edge.

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