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1 Dollar William McKinley

Issuer United States Mint
Year 1903
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Weight 1.67 g
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Obverse description Left-facing draped bust of President William McKinley, rendered in high relief against a plain field. The portrait depicts McKinley in a suit jacket with a bow tie, capturing a naturalistic likeness of the 25th President. The circumferential legend UNITED STATES OF AMERICA arcs along the upper border, separated from the central device by a beaded inner circle. The rim is defined by a prominent dentilated border.
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Obverse lettering UNITED STATES OF AMERICA
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Additional information

This piece was not struck for circulation. Authorized under the Louisiana Purchase Exposition Act of 1902, it was produced specifically for sale at the St. Louis World's Fair — though the fair itself didn't open until 1904. Congress authorized two designs, one honoring Jefferson as the initiator of the Louisiana Purchase and one honoring McKinley, who had been assassinated just two years prior. Both types were struck in 1903 and sold at a dollar premium over face value to fund the exposition.

The McKinley type sold poorly relative to expectations, leaving the issuing committee with substantial unsold inventory.

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