Mint Director a Crusader for Change
By JEANNINE AVERSA
Associated Press Writer
WASHINGTON (AP) - Henrietta Holsman Fore is a champion of change.
Fore, director of the U.S. Mint, oversees the production of billions of the nation's coins each year. Adding to her
credentials as a crusader of change, she is advocating a new look for coins - a position that has made her immensely
popular with coin collectors but drawn heat from those who like the coins as they are.
"Coins represent the values and the history of your nation," said Fore, sworn in as the nation's 37th Mint director
in August 2001. "It is a new century. It is a new sense of patriotism in America. It is a great time to look at coin
redesign."
One of Fore's initiatives in her less than two years at the Mint is a program, which she created to energize
creativity, that brings artists from foreign mints to visit the U.S. agency. Fore also cut by nearly two-thirds the
time required for the Mint to make a coin.
"She isn't a figurehead," said Sen. Richard Shelby, R-Ala., chairman of the Senate Banking Committee, which oversees
the Mint. "She is on top of things."
Fore also has spent countless hours traveling around the country meeting with all sorts of people involved with
coins - collectors, dealers, artists, suppliers, bankers - to solicit their ideas.
Coins are "a very tangible piece of history - a piece of history in your pocket," said Fore, who as a child
collected coins, a hobby nurtured by her parents and something she still enjoys as an adult.
On the redesign effort, the Mint worked with Congress to get a new look for the nickel. The image on the back side
of the coin will be changed over the next three years to commemorate the bicentennial of the 1803 Louisiana Purchase
and the 1804-06 Lewis and Clark Expedition.
Thomas Jefferson's Virginia plantation, Monticello, is now on the back side of the nickel and the legislation
ensures it will go back on the coin in 2006. The bill keeps Jefferson on the front of the commemorative nickel.
Last year, Virginia lawmakers became upset about the Mint's plans to redesign the nickel, fearing that Monticello
would be removed from the coin permanently. That prompted lawmakers on Capitol Hill to move forward on the legislation
that eventually was passed.
Fore "is certainly savvy to the ways of Washington, but the Virginia reaction might have caught her off guard a
bit," said Beth Deisher, editor of the weekly Coin World. "But it seems she has bounced back and is working to get
momentum back."
| Bio Box |
NAME: Henrietta Holsman Fore
AGE: 55; born Dec. 9, 1948
EDUCATION: B.A., Wellesley College, 1970; Master's degree in public administration, University of Northern Colorado, 1975
EXPERIENCE: Chairman of the board and president, Stockton Products, 1993-2001; Chairman and chief executive officer, Holsman International, 1993-2001; trustee, Center for Strategic and International Studies, 2000-01; trustee, The Aspen Institute, 1999-2001; trustee, National Public Radio Foundation, 1998-2001; trustee, The Asia Foundation, 1999-2001; trustee, Asia Society, 1999-2001; various positions at the U.S. Agency for International Development, 1990-1993
FAMILY: Husband, Richard; two stepsons, Jonathan and Richard; and two stepdaughters, Jessica and Rebecca
|
|
|
The Mint has talked about the possibility of design changes to other denominations, something that would have to be
worked out with Congress.
"On a practical basis, you would not wish to take that decision alone," Fore said. "Congress ... is like our board
of directors. So we should consult. It is the people's coinage."
The current coin designs are old. Abraham Lincoln's image was put on the front of the penny in 1909 to commemorate
the 100th anniversary of his birth. But the back of the penny was changed in 1959, when the Lincoln Memorial replaced
stalks of wheat. The nickel was designed in 1938; and the dime, showing a portrait of President Franklin D. Roosevelt
on the front, was designed in 1946. The half dollar carrying President Kennedy's profile was designed in 1964.
Fore also recently refined the selection process for the 50-state quarter program, providing more time and allowing
U.S. artists outside the Mint to make mock-ups of proposed designs. The old program ran into some turbulence involving
the Missouri state quarter, where a local artist believed his design wasn't honored by the Mint.
With the recent unveiling of the Alabama quarter - the first circulating U.S. coin to feature Braille - a total of
22 state quarters have been made so far.
While the state quarters have been a hit, the 3-year-old Sacagawea dollar coins have been a dud. The Mint stopped
making new Sacagaweas for general circulation last year and won't make any circulating ones this year, either, Fore
said. However, the coins are still being minted for collectors.
Fore said around 200 million of the coins are sitting in storage.
Before joining the Mint, Fore held a number of jobs within the U.S. Agency for International Development during the
first Bush administration. She later worked on George W. Bush's gubernatorial races in Texas and raised money for him.
She says her manufacturing background - she was chairman of Stockton Products, a Las Vegas company that makes and
distributes steel products, concrete additives and wire building materials - has been useful at the Mint.
Breaking down the manufacturing process into its component parts helps pinpoint bottlenecks and unjam them, she
said.
The "cycle time" to produce a finished coin has been reduced to 108 days, from 300 days, she said.
Coin people say Fore's credentials in manufacturing, her appreciation of art and history and her accessibility will
help her.
"I think the biggest challenge she faces overall is a redesign of our coinage," said Stephen Bobbitt, spokesman for
the American Numismatic Association. "This can be a political minefield."
|