The Presidential $1 Coin Program is part of an Act of Congress, Pub.L. 109-145, 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.
From 2007 to 2011, Presidential $1 Coins were minted for circulation in large numbers, resulting in a large stockpile of unused $1 coins. Since 2012, new Presidential coins are only being minted for collectors, in order to reduce the stockpile.
Read more about Presidential $1 Coin Program: Legislative History, Program Details, Coin Details, First Spouse Program, Other Provisions
Famous quotes containing the words presidential, coin and/or program:
“Under a Presidential government, a nation has, except at the electing moment, no influence; it has not the ballot-box before it; its virtue is gone, and it must wait till its instant of despotism again returns.”
—Walter Bagehot (1826–1877)
“The oft-repeated Roman story is written in still legible characters in every quarter of the Old World, and but today, perchance, a new coin is dug up whose inscription repeats and confirms their fame. Some “Judæa Capta,” with a woman mourning under a palm tree, with silent argument and demonstration confirms the pages of history.”
—Henry David Thoreau (1817–1862)
“In former years it was said that at three o’clock in the afternoon all sober persons were rounded up and herded off the grounds, as undesirable. The tradition of insobriety is still carefully preserved.”
—For the State of Vermont, U.S. public relief program (1935-1943)