![]() ![]() The word “Liberty,” which appears on all other circulating United States coinage was specifically not required to appear within the inscriptions. The required inscriptions include “United States of America” and the denomination expressed as “$1”. The reverse of each coin features a dramatic rendition of the Statue of Liberty, extending from the rim. From 2009 onward, the motto “In God We Trust” also appears on the obverse. Additional inscriptions indicate order of the Presidency and the years served. The obverse design of each Presidential Dollar features the likeness and name of the President being honored. ![]() These coins would be released in conjunction with the Presidential Dollars and sold directly by the US Mint. The US Mint was authorized to mint and issue one-half ounce 24 karat First Spouse Gold Coins. Provisions were also included in the Act to honor the First Spouses of the United States within a separate coin series. A stockpile of coins would build up in Treasury vaults leading to the eventual decision to scale back production considerably. These measures helped build a following for the series with collectors, although ultimately the denomination had trouble gaining traction in circulation. The Director of the United States Mint was required to increase public awareness of the new dollar coins through various activities and programs. The Federal Reserve Banks would be required to have unmixed quantities of the coins available to financial institutions during an introductory period for each coin release. The Act included measures to ensure an adequate supply of the coins are available for circulation. According to the legislation, the new series would seek to revitalize the design of United States coinage and return it to its position as an object of aesthetic beauty. The Act provided for the redesign and issuance of $1 coins honoring the former Presidents of the United States during the period beginning January 1, 2007. The program was authorized under The Presidential $1 Coin Act (Public Law 109-145), which was signed by President George W. In addition to circulation strikes, the coins have also been struck in other finishes and included within various numismatic products offered by the United States Mint. From 2012 onward, Presidential Dollars have been struck only in the amount necessary to meet demand from collectors. However, in late 2011 the Treasury Department made the decision to suspend production for circulation due to a surplus of $1 coins held in storage. Bush.įrom 2007 to 2011, the coins were struck and released for general circulation. One final coin was added to the series in 2020 to honor George H.W. The series concluded in 2016 with coins issued to honor Richard M. The series launched in 2007 with coins honoring George Washington, John Adams, Thomas Jefferson, and James Madison. The coins feature portraits of the eligible Presidents on the obverse and an image of the Statue of Liberty on the reverse. The Presidential $1 Coin Program honors the former Presidents of the United States of America with the issuance of golden colored dollar coins.
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