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LUNAR GOLD coins:

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2007 Presidential DOLLARS

New Coins to be issued by the US Mint

US government announces new circulating $1 coin for 2007

  November 20, 2006 — WASHINGTON DC  —  United States Government Mint Coin Press Release  

United States Mint

Unveils Designs of New Circulating Presidential $1 Coins

Historic Changes On The Way 

  Obverse Design of first Presidential Dollar coin for 2007 

2007 George Washington Presidential $1 coin

(2007 George Washington $1)

 2007 Statue of Liberty Presidential $1 coin Reverse

Reverse Design of new 2007 Presidential Dollar Coins

Washington, DC — United States Mint Director Edmund C. Moy; Louise Roseman, Director of Reserve Bank Operations and Payments Systems at the Board of Governors of the Federal Reserve; and other Federal officials provided a first glimpse of a new series of circulating Presidential $1 Coins at a design unveiling ceremony held today at the Smithsonian Institution’s National Portrait Gallery. The $1 coins are being introduced as a result of the Presidential Coin Act of 2005, which requires the United States Mint to mint the dollar coins commemorating the service

of former United States Presidents in the order in which they served.

Like the United States Mint’s successful 50 State Quarters® Program on which it was modeled, the Presidential $1 Coin Program features a systematically rotating design. The first four $1 coins will commemorate George Washington, John Adams, Thomas Jefferson and James Madison.

"The new Presidential $1 Coins are an educational and fun way to learn about former Presidents, " said Director Moy. "Our research indicates that, like the 50 State Quarters coins, the Presidential $1 Coins will be popular with millions of Americans."

According to a study commissioned by the United States Mint, about half of all Americans are interested in collecting the Presidential $1 Coins – but their appeal does not end with collecting.

"Congress recognized that the 50 State Quarters Program showed how a systematically changing design can spark public interest in a coin and we’re hoping to build on that success," Director Moy said.

Traditional Subjects, Unique Design

The designs of the coins are bold and dramatic, with traditional inscriptions moved to the edge to allow for larger images of the Presidents. These include "E Pluribus Unum" and "In God We Trust," the year of minting or issuance, and the mint mark, making these coins unique among today’s U.S. circulating coins.

The new Presidential $1 Coins are identical in color and size to the Sacagawea Golden Dollar Coins, and have the same distinctive rim and tactile features to assist the visually impaired. Additionally, the new $1 coins carry the same electromagnetic signature as both the Sacagawea Golden Dollar coin and the Susan B. Anthony

dollar coin, making them readily acceptable in vending machines that currently accept dollar coins.

The face of each coin will feature an image of a former President and the years of his term of office. The reverse of the coin shows an image of the Statue of Liberty and the inscriptions "The United States of America" and "$1."

Distributed through Banks and Other Financial Institutions

The United States Mint and the Federal Reserve System are working in partnership to make it easy for businesses and members of the general public to obtain the new coins as they are released. The Presidential $1 Coins will be shipped to banks and other financial institutions in rolls, unmixed with other dollar coins. For each new design, banks may order and store the coins up to two weeks prior to the introduction so they will have supplies on hand on the release date. The coins will be available in unmixed rolls for four weeks after the introduction of each design. When each new Presidential $1 Coin is released, the special ordering process begins again.

Presidential Dollar Coin Release Schedule

Each President will be honored with a single $1 coin, regardless of the number of consecutive terms he served. Grover Cleveland, the only United States President to serve non-consecutive terms, will be honored on two coins. No living former or current President can be honored on a coin.

 

More Information about Presidential Dollar coins:

Other sites with Presidential Dollar news and information:

See related new US gold coins for President's spouses to be issued in 2007:

Some information Copyright © 2006 and 2007 by the US Mint
Some images from the United States Mint.

 

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 LYNN COINS + SPORTS CARDS STORE

John Lynn & Company
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