On Monday, May 5, the Calvin Coolidge Presidential Foundation hosted a special event to celebrate the release of the 2014 Calvin Coolidge Presidential $1 Coin from the United States Mint.
The event, which took place at the Union League Club of New York, was held to kick off the Foundation’s expanded lecture and event series. The celebration featured remarks by special guests James Grant, editor of Grant’s Interest Rate Observer, and Steve Forbes, Chairman and Editor-In Chief, Forbes Media. Mary Carter also performed Cole Porter’s classic tune, “You’re the Top.” The evening included a birthday cake for the Coolidge Coin and a small display of Coolidge-era coins and currency, prepared by Mark Anderson of the New York Numismatic Club. The event was sponsored by the Lehrman Institute and Marketfield Asset Management.
Matthew Denhart, executive director of the Foundation, said, “President Coolidge maintained a special focus on economic and monetary policy during his years as President. The Coolidge Foundation is therefore thrilled to be in New York to celebrate the release of this wonderful Coolidge Presidential $1 Coin from the U.S. Mint.”
“This is just the beginning for Americans getting to know Coolidge,” said Amity Shlaes, Coolidge Foundation chairman and CEO. “Coolidge’s fans are growing in number, and we’re pleased to see them here and at our debates this summer at Coolidge’s birthplace in Plymouth Notch.”
President Calvin Coolidge is best remembered as a champion of fiscal responsibility who balanced the Nation’s budget and reduced the top marginal tax rate to 25 percent.
Projects undertaken by the Foundation, based at Coolidge’s birthplace in Plymouth Notch, Vt., include high school economic debate, a national speaker and event series, publishing and scholarship on President Coolidge and his values.
You can find the full video of the event on the Coolidge Foundation YouTube Channel by clicking here.
A wealth of pictures from the event can also be found by visiting the Foundation’s Facebook page and Flickr page.
1934, CC has been out of office for five years. Cole Porter’s Anything Goes comes out with the song You’re The Top. Verse includes: You’re the Top, You’re an Arrow Collar, You’re the Top, You’re a Coolidge Dollar. What did Coolidge Dollar mean during the NRA years of 1934 to the public ? Higher velocity in the money supply ?