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Liberia – Ronald Reagan
2000 Proof Silver 20 Dollars 40mm (20.00 grams) 0.999 Silver (0.6424 oz. ASW)
Reference: KM# 904
Certification: NGC PF 67 ULTRA CAMEO 5846684-004
REPUBLIC OF LIBERIA THE LOVE OF LIBERTY BROUGHT US HERE 20 00 REPUBLIC OF LIBERIA 20 DOLLARS, Seal of Liberia.
XL U.S. PRESIDENT · RONALD W. REAGAN 1981 1989 $ 20, Portrait of Ronald W. Reagan.
You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
 Ronald Wilson Reagan (February 6, 1911 – June 5, 2004) was an American politician who served as the 40th president of the United States from 1981 to 1989 and became a highly influential voice of modern conservatism. Prior to his presidency, he was a Hollywood actor and union leader before serving as the 33rd governor of California from 1967 to 1975.
Reagan was raised in a low-income family in small towns of northern Illinois. He graduated from Eureka College in 1932 and worked as a radio sports commentator. After moving to California in 1937, he found work as an actor and starred in a few major productions. As president of the Screen Actors Guild, Reagan worked to root out communist influence. In the 1950s, he moved into television and was a motivational speaker at General Electric factories. In 1964, his speech “A Time for Choosing” earned him national attention as a new conservative spokesman. Building a network of supporters, Reagan was elected governor of California in 1966. As governor, he raised taxes, turned a state budget deficit to a surplus, challenged the protesters at UC Berkeley, and ordered in National Guard troops during a period of protest movements.
In 1980, Reagan won the Republican presidential nomination and defeated the incumbent president, Jimmy Carter. At 69 years, 349 days of age at the time of his first inauguration, Reagan was the oldest person to assume the U.S. presidency, a distinction he held until 2017, when Donald Trump was inaugurated at age 70 years, 220 days. Reagan faced former vice president Walter Mondale when he ran for re-election in 1984 and defeated him, winning the most electoral votes of any U.S. president, 525, or 97.6% of the 538 votes in the Electoral College. It was the second-most lopsided presidential election in modern U.S. history after Franklin D. Roosevelt’s 1936 victory over Alfred M. Landon, in which he won 98.5%, or 523, of the (then-total) 531 electoral votes.
Immediately on taking office as president, Reagan began implementing sweeping new political and economic initiatives that were highly popular among conservatives but denounced by liberals. Reagan won over enough conservative Democrats to pass his program through Congress. Economic conditions had deteriorated under Carter, with slow growth and high inflation. Reagan promised that his supply-side economic policies, dubbed “Reaganomics”, would turn around the economy with lower tax rates, economic deregulation, and reduction in government spending. However conditions remained harsh until they finally turned as promised in time for his reelection in 1984. Over his two terms, the economy saw a reduction of inflation from 12.5% to 4.4% and an average real GDP annual growth of 3.6%. Reagan enacted cuts in domestic discretionary spending, cut taxes, and increased military spending, which contributed to increased federal debt overall. In his first term, he survived an assassination attempt, spurred the War on Drugs, and fought public sector labor unions.
In foreign affairs he denounced Communism and invaded the island country of Grenada after far-left elements took control. It represented a rollback of Communism that astonished the world. With the economy booming again, foreign affair crises dominated his second term. Major concerns were the bombing of Libya, the Iran-Iraq War, the Iran-Contra affair, and the renewed Cold War. In June 1987, four years after he publicly described the Soviet Union as an “evil empire”, Reagan challenged Soviet leader Mikhail Gorbachev to “tear down this wall!”, during a speech at the Berlin Wall. He transitioned Cold War policy from détente to rollback by escalating an arms race with the USSR. He then engaged in talks with Gorbachev that culminated in the INF Treaty, which shrank both countries’ nuclear arsenals. Reagan began his presidency during the decline of the Soviet Union. The Cold War ended in October 1989 and Soviet communism suddenly collapsed in 1991.
When Reagan left office in January 1989, he held an approval rating of 68%, matching those of Franklin D. Roosevelt, and later Bill Clinton, as the highest ratings for departing presidents in the modern era. He was the first president since Dwight D. Eisenhower to serve two full terms, after the five prior presidents did not. Although he had planned an active post-presidency, Reagan disclosed in November 1994 that he had been diagnosed with Alzheimer’s disease earlier that year. Afterward, his informal public appearances became more infrequent as the disease progressed. He died at home on June 5, 2004. His tenure constituted a realignment toward conservative policies in the United States, and he is an icon among conservatives. Evaluations of his presidency among historians and the general public place him among the upper tier of American presidents.
 Liberia officially the Republic of Liberia, is a country on the West African coast. Liberia means “Land of the Free” in Latin. It is bordered by Sierra Leone to its west, Guinea to its north and Ivory Coast to its east. It covers an area of 111,369 square kilometres (43,000 sq mi) and is home to 4,503,000 people. English is the official language and over 20 indigenous languages are spoken, representing the numerous tribes who make up more than 95% of the population.
 Forests on the coastline are composed mostly of salt-tolerant mangrove trees, while the more sparsely populated inland has forests opening onto a plateau of drier grasslands. The climate is equatorial, with significant rainfall during the May-October rainy season and harsh harmattan winds the remainder of the year. Liberia possesses about forty percent of the remaining Upper Guinean rainforest. It was an important producer of rubber in the early 20th century.
The Republic of Liberia, beginning as a settlement of the American Colonization Society (ACS), declared its independence on July 26, 1847. The United States did not recognize Liberia’s independence until after the American Civil War on February 5, 1862. Between January 7, 1822 and the American Civil War, more than 15,000 freed and free-born Black Americans from United States and 3,198 Afro-Caribbeans relocated to the settlement. The Black American settlers carried their culture with them to Liberia. The Liberian constitution and flag were modeled after the United States. In January 3, 1848 Joseph Jenkins Roberts, a wealthy free-born Black American from Virginia who settled in Liberia, was elected as Liberia’s first president after the people proclaimed independence.
Unlike other African countries, Liberia is the only African republic to have self-proclaimed independence without gaining independence through revolt from any other nation, being Africa’s first and oldest republic. Although it is said that neither Liberia nor Ethiopia, which was a kingdom, were controlled or colonized by foreign powers, this seems contradictory since the country was actually started by the American Colonization Society (ACS). Liberia maintained and kept its independence during the European colonial era.
During World War II, Liberia supported the United States war efforts against Germany and in turn the United States invested in considerable infrastructure in Liberia to help its war effort, which also aided the country in modernizing and improving its major air transportation facilities. In addition, President William Tubman encouraged economic changes. Internationally, Liberia was a founding member of League of Nations, United Nations and the Organisation of African Unity.
Longstanding political tensions from the 27 year rule of William Tubman resulted in a military coup in 1980 that overthrew the leadership soon after his death, marking the beginning of political instability. Five years of military rule by the People’s Redemption Council and five years of civilian rule by the National Democratic Party of Liberia were followed by two civil wars – the First and Second Liberian Civil Wars. These resulted in the deaths and displacement of more than half a million people and devastated Liberia’s economy. A peace agreement in 2003 led to democratic elections in 2005. Recovery proceeds but about 85% of the population live below the international poverty line.
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