Presidential dollar coins: Difference between revisions
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The '''Presidential $1 Coin Program''' is part of an [[Act of |
The '''Presidential $1 Coin Program''' is part of an [[Act of Congress]], {{USStatute|109|145|119|2664|2005|12|22}}, which directs the United States [[United States Mint|Mint]] to produce [[Dollar (United States coin)|$1 coins]] with engravings of relief portraits of [[President of the United States|U.S. Presidents]] on the obverse. |
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==Legislative history== |
==Legislative history== |
Revision as of 16:29, 21 September 2011
United States | |
Value | 1 U.S. dollar |
---|---|
Mass | 8.100 g (0.26 troy oz) |
Diameter | 26.5 mm (1.043 in) |
Thickness | 2.00 mm (0.0787 in) |
Edge | Engraved: text "E pluribus unum", the coin's mint mark, its year of issuance, and 13 five-pointed stars (prior to 2009: text "In God We Trust") |
Composition | Copper with manganese brass cladding: 88.5% Cu 6% Zn 3.5% Mn 2% Ni |
Years of minting | 2007–present |
Catalog number | - |
Obverse | |
Designer | Various |
Design date | 2011 |
Reverse | |
Design | Statue of Liberty |
Designer | Don Everhart |
Design date | 2007 |
The Presidential $1 Coin Program is part of an Act of Congress, Pub. L. 109–145 (text) (PDF), 119 Stat. 2664, enacted December 22, 2005, which directs the United States Mint to produce $1 coins with engravings of relief portraits of U.S. Presidents on the obverse.
Legislative history
Senate Bill 1047 was introduced on May 17, 2005, by Senator John E. Sununu with over 70 co-sponsors. It was reported favorably out of the U.S. Senate Committee on Banking, Housing, and Urban Affairs without amendment on July 29, 2005. The Senate passed it with a technical amendment (S.AMDT.26760), by unanimous consent on November 18, 2005. The House of Representatives passed it (291-113) on December 13, 2005. (A similar bill, H.R. 902, had previously passed in the House, but it was the Senate bill which was passed by both chambers.) The engrossed bill was presented to President Bush on December 15, 2005, and he signed it into law on December 22, 2005.
Program details
The program began on January 1, 2007, and is similar to the State Quarter program in that it will not end until every eligible subject is honored. The program is to issue coins featuring each of four presidents per year on the obverse, issuing one for three months before moving on to the next president in chronological order by term in office. The U.S. Mint calls it the Presidential $1 Coin Program.[1]
The reverse of the coins bears the Statue of Liberty, the inscription "$1" and the inscription "United States of America". Inscribed along the edge of the coin is the year of minting or issuance of the coin, the mint mark, 13 stars, and also the legends E Pluribus Unum. The edge-lettering looks like this: ★★★★★★★★★★ 2009 D ★★★ E PLURIBUS UNUM; before 2009, In God We Trust was a part of the edge lettering. The legend "Liberty" is absent from the coin altogether, since the decision was made that the image of the Statue of Liberty on the reverse of the coin was sufficient to convey the message of liberty. The text of the act does not specify the color of the coins, but per the U.S. Mint "the specifications will be identical to those used for the current Golden dollar".[2] The President Washington $1 Coin was first available to the public on February 15, 2007, in honor of Presidents' Day, which was observed on February 19.
This marks the first time since the St. Gaudens Double Eagle that the United States has issued a coin with edge lettering for circulation. Edge lettered coins date back to the 1790s. The process was started to discourage the shaving of gold coin edges, a practice which was used to cheat payees. In December 2007, Congress passed H.R. 2764, moving "In God We Trust" to either the obverse or reverse of the coins.[3] This is the same bill that created a program that will include quarters for Washington, D.C., Puerto Rico, Northern Mariana Islands, Guam, the U.S. Virgin Islands, and American Samoa.
The act had been introduced because of the failure of the Sacagawea $1 coin to gain widespread circulation in the United States. The act sympathized with the need of the nation's private sector for a $1 coin and expected that the appeal of changing the design would increase the public demand for new coins (as the public generally responded well to the State Quarter program). The program will also educate the public about the history of the nation's presidents. Should the coin not catch on with the general public, the Mint is hoping that collectors will be as interested in the dollars as they were with the State Quarters, which generated about $4.6 billion in seigniorage between January 1999 and April 2005, according to a report by the Congressional Budget Office.
Unlike the State Quarter program and the Westward Journey nickel series, which suspended the issuance of the current design during those programs, the act directed the Mint to continue to issue Sacagawea dollar coins during the Presidential series. The law states that at least one in three issued dollars must be a Sacagawea dollar. Furthermore, the Sacagawea design is required to continue after the Presidential program ends. These requirements were added at the behest of the North Dakota congressional delegation to ensure that Sacagawea, whom North Dakotans consider to be one of their own, ultimately remains on the dollar coin.
However, Federal Reserve officials indicated to Congress that "if the Presidential $1 Coin Program does not stimulate substantial transactional demand for dollar coins, the requirement that the Mint nonetheless produce Sacagawea dollars would result in costs to the taxpayer without any offsetting benefits." In that event, the Federal Reserve indicated that it would "strongly recommend that Congress reassess the one-third requirement."[4] The one-third requirement was later changed to one-fifth by the Native American $1 Coin Act,[5] passed on September 20, 2007, and Sacagawea dollars were only 0.8% of the total dollar coins produced through November 2007.[6]
Previous versions of the act called for removing from circulation dollar coins issued before the Sacagawea dollar, most notably the Susan B. Anthony dollar, but the version of the act which became law merely directs the Secretary of the Treasury to study the matter and report back to Congress. The act does require federal government agencies (including the United States Postal Service), businesses operating on federal property, and federally funded transit systems to accept and dispense dollar coins by January 2008, and to post signs indicating that they do so.[7]
The program's end
The act specifies that for a president to be honored, the former president must have been deceased for at least two years before issue. Even though it would take about 11 years to honor all the eligible presidents (counting Grover Cleveland twice; the act allows for a coin for each of Cleveland's two non-consecutive terms), the series may not run that long. As currently planned, the series will end in 2016 after honoring President Ronald Reagan, unless his predecessor Jimmy Carter or one of his successors should die before 2014.[8][9] Once the program has terminated, producing coins for those presidents not honored would require another Act of Congress.[10]
Minting errors
On March 8, 2007, the United States Mint announced that, on February 15, 2007, an unknown number of George Washington Presidential $1 Coins were released into circulation without their edge inscriptions (the U.S. mottoes, "In God we trust" and "E pluribus unum", the coin's mint mark, and its year of issuance; i.e. E PLURIBUS UNUM • IN GOD WE TRUST • 2007 X (where X is either P or D).[11] Ron Guth, of the Professional Coin Grading Service, estimates that at least 50,000 coins were released without the edge inscriptions. The first such coin discovered was sold on eBay for $600, while later coins were selling for $40–$60, as of late March 2007.[12][13] Because one of the inscriptions missing from the coins is the motto "In God we trust", some articles on the subject have referred to them as "Godless dollars."[14][15] Counterfeit "Godless dollars" have been produced with the edge lettering filed off.[16]
Also, John Adams Presidential Dollars have been discovered with plain edges. They are fewer in quantity than George Washington plain-edge dollars, making them rarer, thus more expensive. A more frequently encountered edge lettering error for the John Adams dollar is a coin with doubled edge lettering. This error occurs when a coin passes through the edge lettering machine twice.[17] Most examples of the doubled-edge-letter John Adams dollar are from the Philadelphia Mint (Denver Mint issues are comparatively scarce). They are seen in two varieties: 1) with both edge lettering inscriptions reading in the same direction, called "overlapped", and 2) with the two inscriptions running in opposite directions—i.e., inverted or upside-down relative to one another—called "inverted".
In early March 2007, a Colorado couple found a dollar coin that was not stamped on either side, missing the portrait of George Washington and the Statue of Liberty.[18]
Some of the coins have the words on the rim struck upside down (president face up). These are not minting errors, but rather a variation created by the minting process. Such upside-down coins have been sold on auction websites for greater than their face value, even though they represent roughly 50% of the minted population.[19]
Stockpile
By 2010, 1.1 billion uncirculated $1 coins were stockpiled, a quantity that could reach from New Mexico to Chicago. By 2016 this number may reach two billion.[20]
The Federal Reserve in June 2011 issued its annual report on the $1 coin program. The report found that since few people want or use the coins, demand for them is extremely low. [citation needed] So momentum is growing in Congress to end the dollar coin programs because many members believe the coins waste taxpayer money.[citation needed]
Rep. Jackie Speier of California is currently circulating a “Dear Colleague” letter recommending that the U.S. not produce any dollar coins. She plans to introduce legislation calling for the immediate halting of all dollar coin programs.[21]
The United States Government Accountability Office (GAO) has stated that discontinuing the dollar bill in favor of the dollar coin would save the U.S. government approximately $5.5 billion over thirty years.[22]
Coin details
Dollar coins are being issued bearing the likenesses of Presidents, as follows:[23]
Release number |
President number |
President | Release date | Denver Mintage |
Philadelphia Mintage |
Total Mintage | Design | In office |
---|---|---|---|---|---|---|---|---|
1 | 1st | George Washington | February 15, 2007[24] | 163,680,000 | 176,680,000 | 340,360,000[25] | 1789 – 1797 | |
2 | 2nd | John Adams | May 17, 2007[24] | 112,140,000 | 112,420,000 | 224,560,000[25] | 1797 – 1801 | |
3 | 3rd | Thomas Jefferson | August 16, 2007[24] | 102,810,000 | 100,800,000 | 203,610,000[25] | 1801 – 1809 | |
4 | 4th | James Madison | November 15, 2007[24] | 87,780,000 | 84,560,000 | 172,340,000[25] | 1809 – 1817 | |
5 | 5th | James Monroe | February 14, 2008[24] | 60,230,000 | 64,260,000 | 124,490,000[25] | 1817 – 1825 | |
6 | 6th | John Quincy Adams | May 15, 2008[24] | 57,720,000 | 57,540,000 | 115,260,000[25] | 1825 – 1829 | |
7 | 7th | Andrew Jackson | August 14, 2008[24] | 61,070,000 | 61,180,000 | 122,250,000[25] | 1829 – 1837 | |
8 | 8th | Martin Van Buren | November 13, 2008[24] | 51,520,000 | 50,960,000 | 102,480,000[25] | 1837 – 1841 | |
9 | 9th | William Henry Harrison | February 19, 2009[24] | 43,260,000 | 55,160,000 | 98,420,000[25] | 1841 | |
10 | 10th | John Tyler | May 21, 2009[24] | 43,540,000 | 43,540,000 | 87,080,000[25] | 1841 – 1845 | |
11 | 11th | James K. Polk | August 20, 2009[24] | 41,720,000 | 46,620,000 | 88,340,000[25] | 1845 – 1849 | |
12 | 12th | Zachary Taylor | November 19, 2009[24] | 36,680,000 | 41,580,000 | 78,260,000[25] | 1849 – 1850 | |
13 | 13th | Millard Fillmore | February 18, 2010[24] | 36,960,000 | 37,520,000 | 74,480,000[25] | 1850 – 1853 | |
14 | 14th | Franklin Pierce | May 20, 2010[24] | 38,220,000 | 38,360,000 | 76,580,000[25] | 1853 – 1857 | |
15 | 15th | James Buchanan | August 19, 2010[24] | 36,540,000 | 36,820,000 | 73,360,000[25] | 1857 – 1861 | |
16 | 16th | Abraham Lincoln | November 18, 2010[24] | 48,020,000 | 49,000,000 | 97,020,000[25] | 1861 – 1865 | |
17 | 17th | Andrew Johnson | February 17, 2011[26] | 37,100,000 | 35,560,000 | 72,660,000[25] | 1865 – 1869 | |
18 | 18th | Ulysses S. Grant | May 19, 2011[26] | 37,940,000 | 38,080,000 | 76,020,000[25] | 1869 – 1877 | |
19 | 19th | Rutherford B. Hayes | August 18, 2011[26] | 36,820,000 | 37,660,000 | 74,480,000 [25] | 1877 – 1881 | |
20 | 20th | James A. Garfield | November 17, 2011[26] | N/A | N/A | N/A | 1881 | |
21 | 21st | Chester A. Arthur | 2012 | N/A | N/A | N/A | N/A | 1881 – 1885 |
22 | 22nd | Grover Cleveland | 2012 | N/A | N/A | N/A | N/A | 1885 – 1889 |
23 | 23rd | Benjamin Harrison | 2012 | N/A | N/A | N/A | N/A | 1889 – 1893 |
24 | 24th | Grover Cleveland | 2012 | N/A | N/A | N/A | N/A | 1893 – 1897 |
25 | 25th | William McKinley | 2013 | N/A | N/A | N/A | N/A | 1897 – 1901 |
26 | 26th | Theodore Roosevelt | 2013 | N/A | N/A | N/A | N/A | 1901 – 1909 |
27 | 27th | William Howard Taft | 2013 | N/A | N/A | N/A | N/A | 1909 – 1913 |
28 | 28th | Woodrow Wilson | 2013 | N/A | N/A | N/A | N/A | 1913 – 1921 |
29 | 29th | Warren G. Harding | 2014 | N/A | N/A | N/A | N/A | 1921 – 1923 |
30 | 30th | Calvin Coolidge | 2014 | N/A | N/A | N/A | N/A | 1923 – 1929 |
31 | 31st | Herbert Hoover | 2014 | N/A | N/A | N/A | N/A | 1929 – 1933 |
32 | 32nd | Franklin D. Roosevelt | 2014 | N/A | N/A | N/A | N/A | 1933 – 1945 |
33 | 33rd | Harry S. Truman | 2015 | N/A | N/A | N/A | N/A | 1945 – 1953 |
34 | 34th | Dwight D. Eisenhower | 2015 | N/A | N/A | N/A | N/A | 1953 – 1961 |
35 | 35th | John F. Kennedy | 2015 | N/A | N/A | N/A | N/A | 1961 – 1963 |
36 | 36th | Lyndon B. Johnson | 2015 | N/A | N/A | N/A | N/A | 1963 – 1969 |
37 | 37th | Richard Nixon | 2016 | N/A | N/A | N/A | N/A | 1969 – 1974 |
38 | 38th | Gerald Ford | 2016 | N/A | N/A | N/A | N/A | 1974 – 1977 |
† | 39th | Jimmy Carter | 1977 – 1981 | |||||
39 (tentative) |
40th | Ronald Reagan | 2016 | N/A | N/A | N/A | N/A | 1981 – 1989 |
† | 41st | George H. W. Bush | 1989 – 1993 | |||||
† | 42nd | Bill Clinton | 1993 – 2001 | |||||
† | 43rd | George W. Bush | 2001 – 2009 | |||||
† | 44th | Barack Obama | 2009 – |
† — The act specifies that for a president to be honored he must have been deceased for no less than two years. (See above.)
First Spouse Program
The United States is honoring the spouses of each of the Presidents honored by the Presidential $1 Coin Act by issuing half-ounce $10 gold coins featuring their images, in the order that they served as First Spouse, beginning in 2007. To date, all first spouses have been women (often called First Ladies), but the law uses the term "First Spouse".
The obverse of these coins will feature portraits of the Nation’s First Spouses, their names, the dates and order of their terms as first spouse, as well as the year of minting or issuance, and the words "In God We Trust" and "Liberty." The United States Mint will mint and issue First Spouse Gold Coins on the same schedule as the Presidential $1 Coins issued honoring the Presidents. Each coin will have a unique reverse design featuring an image emblematic of that spouse’s life and work, as well as the words "The United States of America," "E Pluribus Unum," "$10," "1/2 oz.," and ".9999 Fine Gold."
When a President served without a First Spouse, as Thomas Jefferson did, a gold coin will be issued bearing an obverse image emblematic of Liberty as depicted on a circulating coin of that era, and bearing a reverse image emblematic of themes of that President. One exception will be the coin depicting suffragist Alice Paul representing the era of the Chester A. Arthur presidency, as Arthur was a widower.
The act, as written, explicitly states that the first spouse coins will be released at the same time as their respective $1 President coins.[27] Because the act links a First Spouse's eligibility for a coin to that of the Presidential spouse, it means that a living First Spouse may appear on a coin. Currently, one living First Lady, Nancy Reagan, is eligible.
The United States Mint launched the first spouse coins officially at 12pm EDT on June 19, 2007. They provided two versions of the coin: a proof version for $429.95 and an uncirculated version for $410.95.
The United States Mint will also produce and make available to the public bronze medal duplicates of the First Spouse Gold Coins which are not legal tender.[28] In February 2009 Coin World reported that some 2007 Abigail Adams medals were struck using the reverse from the 2008 Louisa Adams medal.[29] These pieces, called mules, were contained within the 2007 First Spouse medal set.[29]
A full listing of the coins is as follows:
Release # |
Spouse # |
Name | Release date | Proof Issue Price | Mintage figures |
Front/Obverse Design |
Reverse Design |
Front/Obverse Design (bronze) |
Reverse Design (bronze) |
Dates Served |
---|---|---|---|---|---|---|---|---|---|---|
1 | 1 | Martha Washington | June 19, 2007[30] | $429.95 | N/A | File:Martha Washington First Spouse Coin reverse.jpg | File:Washington m-r.jpg | 1789 - 1797 | ||
2 | 2 | Abigail Adams | June 19, 2007[30] | $429.95 | N/A | File:Abigail Adams First Spouse Coin reverse.jpg | File:Adams a-r.jpg | 1797 - 1801 | ||
3 | 3 | Thomas Jefferson’s Liberty | August 30, 2007[31] | $429.95 | N/A | 1801 - 1809 | ||||
4 | 4 | Dolley Madison | November 19, 2007[32] | $529.95 | N/A | File:Dolley Madison First Spouse Coin reverse.jpg | File:Madison d-r.jpg | 1809 - 1817 | ||
5 | 5 | Elizabeth Monroe | February 28, 2008[33] | $619.95* | N/A | File:Monroe E.jpg | File:Reverse Monroe.jpg | File:Monroe e-o.jpg | File:Monroe e-r.jpg | 1817 - 1825 |
6 | 6 | Louisa Adams | May 29, 2008[34] | $619.95* | N/A | File:Quincy L.jpg | File:Quincy Reverse.jpg | File:Adams l-o.jpg | File:Adams l-r.jpg | 1825 - 1829 |
7 | 7 | Andrew Jackson’s Liberty | August 28, 2008[35] | $619.95* | N/A | File:Jackson reverse.jpg | File:Jacksons liberty-r.jpg | 1829 - 1837 | ||
8 | 8 | Martin Van Buren’s Liberty | November 25, 2008[36] | $549.95 | N/A | File:VAn buren reverse.jpg | File:Vanburens liberty-r.jpg | 1837 - 1841 | ||
9 | 9 | Anna Harrison | March 5, 2009[37] | $629.00 | N/A | File:Harrisona-o.jpg | File:Harrisona-r.jpg | File:Harrisona-b-o.jpg | File:Harrisona-b-r.jpg | 1841 |
10 | 10 | Letitia Tyler | July 2, 2009[38] | N/A | N/A | File:Tylerl-r.jpg | File:Tylerl-b-r.jpg | 1841 - 1842 | ||
10A | 10A | Julia Tyler | August 6, 2009[39] | N/A | N/A | File:Tylerj FS-o.jpg | File:Tylerj FS-r.jpg | File:Tylerj-b-o.jpg | File:Tylerj-b-r.jpg | 1844 - 1845 |
11 | 11 | Sarah Polk | September 3, 2009[40] | N/A | N/A | File:Polks-o.jpg | File:Polks-r.jpg | File:Polks-b-o.jpg | File:Polks-b-r.jpg | 1845 - 1849 |
12 | 12 | Margaret Taylor | December 3, 2009[41] | N/A | N/A | File:Taylorm-r.jpg | File:Taylorm-b-r.jpg | 1849 - 1850 | ||
13 | 13 | Abigail Fillmore | March 18, 2010[42] | N/A | N/A | File:Fillmorea-r.jpg | File:Fillmorea-b-r.jpg | 1850 - 1853 | ||
14 | 14 | Jane Pierce | June 3, 2010[43] | N/A | N/A | File:Piercej-o.jpg | File:Piercej-r.jpg | File:Piercej-b-o.jpg | File:Piercej-b-r.jpg | 1853 - 1857 |
15 | 15 | James Buchanan’s Liberty | September 2, 2010[44] | N/A | N/A | File:Buchanansliberty-r.jpg | File:Buchanans liberty-b-r.jpg | 1857 - 1861 | ||
16 | 16 | Mary Todd Lincoln | December 2, 2010[45] | N/A | N/A | File:Lincolnm-r.jpg | File:Lincolnm-b-r.jpg | 1861 - 1865 | ||
17 | 17 | Eliza Johnson | May 2011 | N/A | N/A | N/A | N/A | N/A | N/A | 1865 - 1869 |
18 | 18 | Julia Grant | June 2011 | N/A | N/A | N/A | N/A | N/A | N/A | 1869 - 1877 |
19 | 19 | Lucy Hayes | September 1, 2011 | N/A | N/A | N/A | N/A | N/A | N/A | 1877 - 1881 |
20 | 20 | Lucretia Garfield | 2011 | N/A | N/A | N/A | N/A | N/A | N/A | 1881 |
21 | 21 | Alice Paul [46] | 2012 | N/A | N/A | N/A | N/A | N/A | N/A | N/A † |
22 | 22 | Frances Cleveland | 2012 | N/A | N/A | N/A | N/A | N/A | N/A | 1886 - 1889 |
23 | 23 | Caroline Harrison | 2012 | N/A | N/A | N/A | N/A | N/A | N/A | 1889 - 1893 |
24 | 24 | Frances Cleveland | 2012 | N/A | N/A | N/A | N/A | N/A | N/A | 1893 - 1897 |
25 | 25 | Ida McKinley | 2013 | N/A | N/A | N/A | N/A | N/A | N/A | 1897 - 1901 |
26 | 26 | Edith Roosevelt | 2013 | N/A | N/A | N/A | N/A | N/A | N/A | 1901 - 1909 |
27 | 27 | Helen Taft | 2013 | N/A | N/A | N/A | N/A | N/A | N/A | 1909 - 1913 |
28 | 28 | Ellen Wilson | 2013 | N/A | N/A | N/A | N/A | N/A | N/A | 1913 - 1914 |
28A | 28A | Edith Wilson | 2013 | N/A | N/A | N/A | N/A | N/A | N/A | 1915 - 1921 |
29 | 29 | Florence Harding | 2014 | N/A | N/A | N/A | N/A | N/A | N/A | 1921 - 1923 |
30 | 30 | Grace Coolidge | 2014 | N/A | N/A | N/A | N/A | N/A | N/A | 1923 - 1929 |
31 | 31 | Lou Hoover | 2014 | N/A | N/A | N/A | N/A | N/A | N/A | 1929 - 1933 |
32 | 32 | Eleanor Roosevelt | 2014 | N/A | N/A | N/A | N/A | N/A | N/A | 1933 - 1945 |
33 | 33 | Bess Truman | 2015 | N/A | N/A | N/A | N/A | N/A | N/A | 1945 - 1953 |
34 | 34 | Mamie Eisenhower | 2015 | N/A | N/A | N/A | N/A | N/A | N/A | 1953 - 1961 |
35 | 35 | Jacqueline Kennedy | 2015 | N/A | N/A | N/A | N/A | N/A | N/A | 1961 - 1963 |
36 | 36 | Lady Bird Johnson | 2015 | N/A | N/A | N/A | N/A | N/A | N/A | 1963 - 1969 |
37 | 37 | Pat Nixon | 2016 | N/A | N/A | N/A | N/A | N/A | N/A | 1969 - 1974 |
38 | 38 | Elizabeth Ford | 2016 | N/A | N/A | N/A | N/A | N/A | N/A | 1974 - 1977 |
‡ | 39 | Rosalynn Carter | ‡ | 1977 - 1981 | ||||||
39 (tentative) | 40 | Nancy Reagan | 2016 | N/A | N/A | N/A | N/A | N/A | N/A | 1981 - 1989 |
‡ | 41 | Barbara Bush | ‡ | 1989 - 1993 | ||||||
‡ | 42 | Hillary Clinton | ‡ | 1993 - 2001 | ||||||
‡ | 43 | Laura Bush | ‡ | 2001 - 2009 | ||||||
‡ | 44 | Michelle Obama | ‡ | 2009 - |
* Due to volatility in the gold market, the U.S. Mint lowered the price to $549.95 on November 12, 2008 to more accurately reflect the current spot price of gold.
† Chester A. Arthur's wife died before he succeeded to the presidency. Since there was no First Lady during his presidency, the act explicitly states that Alice Paul, who was born during his term, will appear on this coin.[46] Since Paul was never First Lady, then the coin will not have a served date.
‡ For this spouse to be honored, the respective president must qualify for a coin (see above).
Other provisions
The act also has two other provisions, for:
- Issuance of a $50 bullion coin reproducing the 1913 Buffalo nickel designed by James Earle Fraser. See American Buffalo (coin)
- Redesign of the reverse of the Lincoln cent in 2009 to show four different scenes from Abraham Lincoln's life in honor of the bicentennial of his birth. These four scenes include:
- his birth and early childhood in Kentucky;
- his formative years in Indiana;
- his professional life in Illinois; and
- his presidency in Washington, D.C.
In 2009, numismatic cents which have the metallic copper content of cents minted in 1909 were issued for collectors.
After 2009, another redesigned reverse for the Lincoln cent will be minted; this "shall bear an image emblematic of President Lincoln's preservation of the United States of America as a single and united country," and will replace the Lincoln Memorial reverse in use from 1959 to 2008.
See also
- List of United States Presidents by currency appearances
- America the Beautiful quarters
- 50 State Quarters
- District of Columbia and United States Territories Quarter Program
- Westward Journey Nickel Series
References
- ^ The United States Mint (2010-03-23). "The United States Mint Presidential $1 Coin Program". Usmint.gov. Retrieved 2010-11-03.
- ^ PRESIDENTIAL DOLLAR COIN SERIES BEING DEVELOPED, UNITED STATES MINT NEWS & VIEWS, DAVID A. LEBRYK, ACTING DIRECTOR, APRIL 2006
- ^ H.R. 2764 (Pub. L. 110–161 (text) (PDF)) amends to remove "In God We Trust" from the edge and adds it to the obverse or reverse (signed December 27, 2007 by President Bush and effective as soon as practical by the Secretary of the Treasury):
SEC. 623. (a) In General- Section 5112(n)(2) of title 31, United States Code, is amended--
(1) in subparagraph (C)(i)--
(A) by striking `inscriptions' and inserting `inscription'; and
(B) by striking `and `In God We Trust'; and
(2) by adding at the end the following new subparagraph:
`(F) INSCRIPTION OF `IN GOD WE TRUST'- The design on the obverse or the reverse shall bear the inscription `In God We Trust'.'.
- ^ Louise L. Roseman, Director, Division of Reserve Bank Operations and Payment Systems
- ^ "E:\PUBLAW\PUBL082.110" (PDF). Retrieved 2010-11-03.
- ^ Production Figures, United States Mint.
- ^ The United States Mint. "The United States Mint Presidential $1 Coin Program". Usmint.gov. Retrieved 2010-11-03.
- ^
:No coin issued under this subsection may bear the image of a living former or current president, or of any deceased former president during the 2-year period following the date of the death of that president.
- ^ Staff reporter (2010-03-22). "Legislator calls for Ronald Reagan portrait on $50 FRNs". Coin World. 51 (2606): 73.
{{cite journal}}
:|access-date=
requires|url=
(help) - ^
:The issuance of coins under this subsection shall terminate when each president has been so honored, subject to paragraph (2)(E), and may not be resumed except by an Act of Congress.
- ^ "U.S. Mint Produces 'Godless' Dollar Coins". Newsmax.com. 2007-03-07. Retrieved 2010-11-03.
- ^ "''Canadian Press:'' U.S. Mint goof: Unknown number of new dollar coins missing 'In God We Trust'". Canada.com. Retrieved 2010-11-03.
- ^ U.S. Mint Press Release. (March 7, 2007)
- ^ Font size Print E-mail Share 11 Comments By David S Morgan (2007-03-07). ""Godless" Dollar Coins Slip Through Mint". CBS News. Retrieved 2010-11-03.
{{cite web}}
: CS1 maint: numeric names: authors list (link) - ^ Associated Press: Dollar Coins Missing 'In God We Trust', By David S Morgan, (Mar. 7, 2007), CBS News
- ^ Walters, Patrick (2007-03-22). "Collectors report fake 'Godless' dollars". Associated Press / The Boston Globe.[dead link]
- ^ Presidential $1 Error Coins: John Adams. Numismatic Guaranty Corporation.
- ^ Squires, Chase (2007-03-14). "Colo. couple find faceless dollar coin". Associated Press / The Boston Globe.
- ^ Washington Dollar Errors discusses a variety of actual and rumored minting errors.
- ^ Nasaw, Daniel (2010-08-10). "BBC News - Why the US keeps minting coins people hate and won't use". Bbc.co.uk. Retrieved 2010-11-03.
- ^ http://www.npr.org/blogs/money/2011/07/14/137850604/bill-would-halt-production-of-dollar-coins
- ^ U.S. GAO. "U.S. Coins: Replacing the $1 Note with a $1 Coin Would Provide a Financial Benefit to the Government". U.S. GAO. Retrieved 2011-08-16.
- ^ The United States Mint (2010-03-23). "The United States Mint Presidential $1 Coin Program". Usmint.gov. Retrieved 2010-11-03.
- ^ a b c d e f g h i j k l m n o p Staff (1998–2010). "Presidential Dollar Coin Release Schedule". United States Mint. Retrieved 2009-11-03.
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(help)CS1 maint: date format (link) - ^ a b c d e f g h i j k l m n o p q r s "US Mint Circulating Presidential $1 Coin Production Figures". Usmint.gov. 2010-03-23. Retrieved 2011-07-26.
- ^ a b c d Staff (2010). "Presidential $1 Coin Information". Federal Reserve Financial Services. Retrieved 2010-12-04.
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: Italic or bold markup not allowed in:|publisher=
(help) (Archived by WebCite at http://www.webcitation.org/5uiYMWnwj) - ^
says:IN GENERAL- The bullion coins issued under this subsection with respect to any spouse of a President shall be issued on the same schedule as the $1 coin issued under subsection (n) with respect to each such President.
- ^ U.S. Mint: First Spouse Program. Accessed 2008-06-27. "The United States Mint also produces and make available to the public bronze medal duplicates of the First Spouse Gold Coins."
- ^ a b Gilkes, Paul (2009-02-16). "First Spouse medals set holds Adams mule". Coin World. 50 (2549): 1.
Some collectors have begun receiving a First Spouse medal mule - a piece bearing the obverse for Abigail Adams and a reverse intended for the Louisa Adams medal. The mules surfaced in some of the 2007 First Spouse sets...
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:|access-date=
requires|url=
(help) - ^ a b "United States Mint Offers First Spouse Coins" (Press release). United States Mint. 2007-05-10. Retrieved 2010-12-04.
- ^ "Thomas Jefferson's Liberty First Spouse Gold Coin Available August 30" (Press release). United States Mint. 2007-08-13. Retrieved 2010-12-04.
- ^ "United States Mint Offers Dolley Madison First Spouse Gold Coins November 19" (Press release). United States Mint. 2007-11-15. Retrieved 2010-12-04.
- ^ "Elizabeth Monroe First Spouse Gold Coin Available February 28" (Press release). United States Mint. 2008-02-27. Retrieved 2010-12-04.
- ^ "Louisa Adams First Spouse Coin and Medal Available May 29" (Press release). United States Mint. 2008-05-27. Retrieved 2010-12-04.
- ^ "Andrew Jackson's Liberty First Spouse Gold Coin and Medal Available August 28" (Press release). United States Mint. 2008-08-21. Retrieved 2010-12-04.
- ^ "Martin Van Buren's Liberty First Spouse Gold Coin Available November 25" (Press release). United States Mint. 2008-11-26. Retrieved 2010-12-04.
- ^ "United States Mint Releases Anna Harrison First Spouse Gold Coin March 5" (Press release). United States Mint. 2009-02-25. Retrieved 2010-12-04.
- ^ "Letitia Tyler First Spouse Gold Coin and Medal Available July 2" (Press release). United States Mint. 2009-07-02. Retrieved 2010-12-04.
- ^ "Julia Tyler First Spouse Gold Coin and Medal Available August 6" (Press release). United States Mint. 2009-07-28. Retrieved 2010-12-04.
- ^ "Sarah Polk First Spouse Gold Coin Available September 3" (Press release). United States Mint. 2009-09-01. Retrieved 2010-12-04.
- ^ "Numismatic Products Featuring First Spouse Margaret Taylor Available December 3 and December 17" (Press release). United States Mint. 2009-11-25. Retrieved 2010-12-12.
- ^ "Abigail Fillmore First Spouse Gold Coin and Medal Available March 18" (Press release). United States Mint. 2010-03-15. Retrieved 2010-12-04.
- ^ "United States Mint to Release Jane Pierce First Spouse Bronze Medal Gold Coin and Bronze Medal on June 3" (Press release). United States Mint. 2010-05-28. Retrieved 2010-12-04.
- ^ "James Buchanan's Liberty First Spouse Gold Coin and Medal Available September 2" (Press release). United States Mint. 2010-08-30. Retrieved 2010-12-04.
- ^ "United States Mint Releases Final 2010 First Spouse Gold Coin and Bronze Medal December 2" (Press release). 2010-11-24. Retrieved 2010-12-04.
- ^ a b Alice Paul is explicitly specified in
as represented, in the case of President Chester Alan Arthur, by a design incorporating the name and likeness of Alice Paul, a leading strategist in the suffrage movement, who was instrumental in gaining women the right to vote upon the adoption of the 19th amendment and thus the ability to participate in the election of future Presidents, and who was born on January 11, 1885, during the term of President Arthur
External links
- U.S. Mint Presidential $1 Coin Act page
- U.S. Mint First Spouse Program page
- Images of the Presidential $1 coins
- Complete text of the Act at Wikisource
- Senate Bill 1047 at Thomas.loc.gov.
- Full Text (PDF) at from the United States Government Printing Office
- Report by the Congressional Budget Office on the cost of H.R. 902 (the companion to S. 1047), which includes information on seigniorage for the State Quarter program. April 12, 2005
- Anderson, Gordon T. "Congress tries again for a dollar coin". CNN/Money. April 28, 2005
- Press release, Nov. 21, 2005: Legislation to Redesign Lincoln Penny Passes Senate; Creates Presidential $1 Coin Program Similar to 50 State Quarters Program