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:
“Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.”
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“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.”
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—For the State of Illinois, U.S. public relief program (1935-1943)