2009-P 2009-D Presidential Dollars In Mint Rolls

Presidential Dollar Coins (2007-Now)

December 31st, 2008 | Author: Gold Bullion and Coins

Presidential Dollar Coins (2007-Now). In December 2005, Congress decided to create a new series of $1 coins which will honor the former U.S. presidents. In 2007, Presidential coins of four different designs were produced. Another four designs will be produced each year, honoring the Presidents in order of service. (Grover Cleveland will be on two coins, since he served two non-consecutive terms.) The Presidential $1 Coin Act is intended to create renewed interest in the coin like that seen during the 50 State Quarters program. At least one third of all dollar coins produced are still Sacagawea coins, with the remaining coins making up the four presidential coins annually. Under federal law (31 U.S.C. § 5112), no coins may be issued featuring a living president, or a president who died less than two years earlier. The program will run until at least 2016 with the coin commemorating Ronald Reagan, but may continue longer depending on the longevity of the currently living former presidents, and the longevity of the current president or presidents yet to be elected.

The presidential dollar coin is similar in size and color to the Sacagawea, but bears no inscription on the obverse (or face) side. "In God We Trust", "E Pluribus Unum", the issue year, and the mint mark appear on the edge. The fact that these national mottoes appear on the edge has caused some conservative commentators to decry the designs.The first dollar, honoring George Washington, was released into circulation on February 15, 2007. However, H.R. 2764 became law on December 26, 2007 which moved "In God We Trust" from the edge to either the obverse or reverse.

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