President Dollars PF 70
2014 S FRANKLIN D. ROOSEVELT

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Coin Details

Origin/Country: United States
Design Description: DOLLARS - PRESIDENTS, PROOF
Item Description: $1 2014 S FRANKLIN ROOSEVELT EARLY RELEASES
Full Grade: NGC PF 70 ULTRA CAMEO
Owner: Ed J

Set Details

Custom Sets: This coin is not in any custom sets.
Competitive Sets: President Dollars PF 70   Score: 143
Jones Proof   Score: 143
Research: NGC Coin Explorer NGC Coin Price Guide
NGC US Coin Census for Presidential Dollars (2007-2020)

Owner Comments:

Franklin Delano Roosevelt (/'ro?z?v?lt/ roh-z?-v?lt, his own pronunciation,[1] or /'ro?z?v?lt/ roh-z?-velt) (January 30, 1882 – April 12, 1945), commonly known by his initials FDR, was an American lawyer and statesman who served as the 32nd President of the United States. Serving from March 1933 to his death in April 1945, he was elected for four consecutive terms, and remains the only president ever to serve more than eight years. He was a central figure in world events during the mid-20th century, leading the United States during a time of worldwide economic depression and total war. A dominant leader of the Democratic Party, he built a New Deal Coalition that realigned American politics after 1932, as his New Deal domestic policies defined American liberalism for the middle third of the 20th century.

With the bouncy popular song "Happy Days Are Here Again" as his campaign theme, FDR defeated incumbent Republican Herbert Hoover in November 1932, at the depth of the Great Depression. Energized by his personal victory over polio, FDR's persistent optimism and activism contributed to a renewal of the national spirit.[2] Assisted by key aide Harry Hopkins, he worked closely with British Prime Minister Winston Churchill and Soviet leader Joseph Stalin in leading the Allies against Nazi Germany and Japan in World War II.

In his first hundred days in office, which began March 4, 1933, Roosevelt spearheaded major legislation and issued a profusion of executive orders that instituted the New Deal—a variety of programs designed to produce relief (government jobs for the unemployed), recovery (economic growth), and reform (through regulation of Wall Street, banks and transportation). The economy improved rapidly from 1933 to 1937, but then relapsed into a deep recession. The bipartisan Conservative Coalition that formed in 1937 prevented his packing the Supreme Court or passing any considerable legislation; it abolished many of the relief programs when unemployment practically vanished during the war. Most of the regulations on business were ended about 1975–1985, except for the regulation of Wall Street by the Securities and Exchange Commission, which still exists. Along with several smaller programs, major surviving programs include the Federal Deposit Insurance Corporation, which was created in 1933, and Social Security, which Congress passed in 1935.

As World War II loomed after 1938, with the Japanese invasion of China and the aggression of Nazi Germany, FDR gave strong diplomatic and financial support to China and Great Britain, while remaining officially neutral. His goal was to make America the "Arsenal of Democracy" which would supply munitions to the Allies. In March 1941, Roosevelt, with Congressional approval, provided Lend-Lease aid to the countries fighting against Nazi Germany with England, Scotland, and Wales. With very strong national support, he made war on Japan and Germany after the Japanese attack on Pearl Harbor on December 7, 1941, calling it a "date which will live in infamy". He supervised the mobilization of the U.S. economy to support the Allied war effort. As an active military leader, Roosevelt implemented an overall war strategy on two fronts that ended in the defeat of the Axis Powers and the development of the world's first atom bomb. In 1942 Roosevelt ordered the internment of 100,000 Japanese American civilians.

Unemployment dropped to 2%, relief programs largely ended, and the industrial economy grew rapidly to new heights as millions of people moved to new jobs in war centers, and 16 million men and 300,000 women were drafted or volunteered for military service. All economic sectors grew during the war. Farm output went from an index (by volume) of 106 in 1939 to 128 in 1943. Coal output went from 446 million tons in 1939 to 651 in 1943; oil from 1.3 billion barrels to 1.5 billion. Manufacturing output doubled, from an index of 109 in 1939 to 239 in 1943. Railroads strained to move it all to market, from an output of 13.6 billion loaded car miles in 1939 to 23.3 in 1943.[3]

Roosevelt dominated the American political scene during the twelve years of his presidency, and his policies and ideas continued to have significant impacts for decades afterward. He orchestrated the realignment of voters that created the Fifth Party System. FDR's New Deal Coalition united labor unions, big city machines, white ethnics, African Americans, and rural white Southerners. His work also influenced the later creation of the United Nations and Bretton Woods. Roosevelt is consistently rated by scholars as one of the top three U.S. Presidents, along with Abraham Lincoln and George Washington.

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