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:
“The Republican Vice Presidential Candidate ... asks you to place him a heartbeat from the Presidency.”
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“If we should swap a good library for a second-rate stump speech and not ask for boot, it would be thoroughly in tune with our hearts. For deep within each of us lies politics. It is our football, baseball, and tennis rolled into one. We enjoy it; we will hitch up and drive for miles in order to hear and applaud the vitriolic phrases of a candidate we have already reckoned we’ll vote against.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)