Edmund C. Moy, Director of the United States Mint, has announced his resignation effective January 9, 2011. He has accepted a position in the private sector, according to a press release issued by the US Mint.
Ed Moy was sworn in as the 38th Director of the United States Mint on September 5, 2006. He had been appointed by President George W. Bush for a five year term and had continued to serve at the pleasure of President Obama.
During a presentation delivered in September 2007 at the FIDEM “Art of the Medal” conference, Moy had discussed his ambition to spark a “Neo-Renaissance” of coin design. He sought to inspire a new level of excellence in coin and medal design at the United States Mint that would be sustained long after his term as Director.
Under his leadership, the United States Mint recreated the Saint Gaudens Ultra High Relief Double Eagle. The artistic vision of President Theodore Roosevelt and Augustus Saint Gaudens from the early 1900’s could not be mass produced with the technology available during the era. The recreation of one of the masterpieces of American coinage was done to inspire excellence and “take care of the past” before moving onto the future.
In 2010, the United States Mint launched the America the Beautiful Quarters Program. During the next 12 years, the series will portray a National Park or site in each of the U.S. states, territories, and the District of Columbia. At the launch ceremony for the first coin in the series, Edmund Moy said, “With the launch of the Hot Springs National Park Quarter, a uniquely American journey begins, a journey through coins in celebration of the beauty, history and impact of national sites in every state and territory.”
In remarks to US Mint employees about his departure, Edmund Moy stated, “I’m proud of the progress we’ve made over four and a half years. The Mint is a better place and delivering more value to the American taxpayers. The foundation has been rebuilt and the work is now in your capable hands. Please know that I will always remember my being Director of the United States Mint as a special time in my life.”