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The E-Sylum:  Volume 9, Number 51, December 17, 2006, Article 10

LIBERTY ALSO MISSING FROM NEW DOLLAR COINS

David Klinger writes: "The last E-Sylum issue did not mention that
the traditional "LIBERTY" inscription is also missing from the design
of the new coins, and has not been moved to the edge design. The
Presidential $1 Coin Act (Public Law 109-145) states:
"Inscriptions of ‘Liberty’.—Notwithstanding the second sentence of
subsection (d)(1), because the use of a design bearing the likeness
of the Statue of Liberty on the reverse of the coins issued under
this subsection adequately conveys the concept of Liberty, the
inscription of ‘Liberty’ shall not appear on the coins."

The full text of Public Law 109-145 can be read here:
Public Law 109-145 "

  Wayne Homren, Editor

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