United States Mint:

This design presents a young Steve Jobs sitting in front of a quintessentially northern California landscape of oak-covered rolling hills. His posture and expression, as he is captured in a moment of reflection, show how this environment inspired his vision to transform complex technology into something as intuitive and organic as nature itself. Inscriptions are “UNITED STATES OF AMERICA” and “CALIFORNIA.” Additional inscriptions are “STEVE JOBS” and “MAKE SOMETHING WONDERFUL.”

It seems that each state gives a recommendation for a commemorative coin, and that Gavin Newsom submitted Steve Jobs. Fitting for it to be a $1 coin, as that was Steve Jobs’ annual salary draw at Apple (on top of millions in stock lol).