On October 23, 1973, the Department of the Treasury announced a competition for the three reverse designs. Any US citizen could submit one drawing, or photograph of a plaster model in diameter. Submissions were to include the legend "". Treasury Secretary Shultz, advised by a panel of judges, would decide which design would be used for which denomination—the inscription would be changed to and for the higher denominations. Additionally, the reverses were to bear the name of the country and the motto "", as required by law.