The US One Dollar Presidential Coin
In honoring the institute of the US presidency, in December
2005 the US Congress passed an Act of which directed the United States Mint to
produce a one dollar coin with the engravings of former US presidents portraits
on the obverse of the coin.
Beginning at 2007 and as referred to by the US Mint, ”the
one dollar presidential coin program” included the issue of four presidential
coins per year, in the chronological order of the president in the office. The coin includes on the obverse, the
president’s portrait and on the reverse, the image of the Status of Liberty,
the inscription “$1” and “United
States of America ”.
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. In 2009, the inscription “In God We
Trust” was moved from the edge to the face of the coin. The
size, weight and metal composition of the Presidential one dollar Coins are
identical to that of the Sacagawea
Golden Dollar and the Native American
one dollar Coins.
Letter edged
coins were produced back in the 1790s when they were made to prevent shaving of
gold coin edges and were last used in 1933 until the one dollar presidential
coins issue.
The act specifies that for a president to be honored, the
former president must have been deceased for at least two years before issue. Thus,
It would take about ten years to honor all currently eligible presidents. The
series was therefore expected to end in 2016 after honoring President Ronald Reagan,
unless one of his successors would die before 2014. Once the program has
terminated, producing coins for those presidents not honored would require
another Act of Congress
From 2007 and up until the year 2011, the US Mint produced a
large number of the Presidential one dollar coins until there were a large
number of unused one dollar coins in the market. By 2011 1.4 billion uncirculated $1 coins were
stockpiled. Thus, On December, 2011,
Vice President Joe Biden and Treasury Secretary Timothy
Geithner announced that the minting of Presidential one dollar Coins
for circulation would be suspended. Future entries in the program, beginning
with that of Chester A. Arthur, would be issued in reduced
quantities, only for collectors
In addition to its recognition of the Presidents on $1 coins, the
The George Washington Presidential Coin
Years
Served
|
President
|
Year
|
|
1789-1797
|
George
Washington
|
1
|
2007
|
1797-1801
|
John Adams
|
2
|
|
1801-1809
|
Thomas
Jefferson
|
3
|
|
1809-1817
|
James
Madison
|
4
|
|
1817-1825
|
James
Monroe
|
5
|
2008
|
1825-1829
|
John Quincy
Adams
|
6
|
|
1829-1837
|
Andrew
Jackson
|
7
|
|
1837-1841
|
Martin Van
Buren
|
8
|
|
1841
|
William
Henry Harrison
|
9
|
2009
|
1841-1845
|
John Tyler
|
10
|
|
1845-1849
|
James K.
Polk
|
11
|
|
1849-1850
|
Zachary
Taylor
|
12
|
|
1850-1853
|
Millard
Fillmore
|
13
|
2010
|
1853-1857
|
Franklin
Pierce
|
14
|
|
1857-1861
|
James
Buchanan
|
15
|
|
1861-1865
|
Abraham
Lincoln
|
16
|
|
1865-1869
|
Andrew
Johnson
|
17
|
2011
|
1869-1877
|
Ulysses S.
Grant
|
18
|
|
1877-1881
|
Rutherford
B. Hayes
|
19
|
|
1881
|
James
Garfield
|
20
|
|
1881-1885
|
Chester A.
Arthur
|
21
|
2012
|
1885-1889
|
Grover
Cleveland
|
22
|
|
1889-1893
|
Benjamin
Harrison
|
23
|
|
1893-1897
|
Grover
Cleveland
|
24
|
|
1897-1901
|
William
McKinley
|
25
|
2013
|
1901-1909
|
Theodore
Roosevelt
|
26
|
|
1909-1913
|
William
Howard Taft
|
27
|
|
1913-1921
|
Woodrow
Wilson
|
28
|
|
1921-1923
|
Warren
Harding
|
29
|
2014
|
1923-1929
|
Calvin
Coolidge
|
30
|
|
1929-1933
|
Herbert
Hoover
|
31
|
|
1933-1945
|
Franklin
D. Roosevelt
|
32
|
|
1945-1953
|
Harry
S. Truman
|
33
|
2015
|
1953-1961
|
Dwight
D. Eisenhower
|
34
|
|
1961-1963
|
John
F. Kennedy
|
35
|
|
1963-1969
|
Lyndon
B. Johnson
|
36
|
|
1969-1974
|
Richard
M. Nixon
|
37
|
2016
|
1974-1977
|
Gerald
Ford
|
38
|
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