Happy President’s Day
Happy President’s Day! In honor of the past-serving presidents, there was a proposal put forth in 2004 by Rep. Mike Castle (R-DE) and Rep. Carolyn Maloney (D-NY) that would place images of the Presidents on the obverse side of the $1 coins with the image of the Statue of Liberty on the reverse side. There would be four per year in order of service (not including those Presidents who are still alive).
The bill (H.R. 902) passed the House on April 27, 2005, passed the Senate in November of 2005, and was signed into law by President Bush on December 15, 2005. The US Mint will present the new 2007 $1 coin design candidates at a public meeting on February 28, 2006. Expect the new George Washington coin early next year. A new coin will enter circulation every three months depicting each successive President (and yes, Grover Cleveland will have two!) - (see the chronological list of Presidents).
leip Profile
March 28th, 2006 at 10:16 am
While I would welcome the issuance of these coins (and would buy a nice display case to go along with my state quarters collection here above my desk!), I hope nobody thinks that this will have any real impact in regards to coins replacing dollar bils. The Susan B. Anthony and Sacajawea coins didn’t fail because of their designs, but because of totally unrelated issues that this proposal will not affect. Bring on the new designs (I also look forward to new penny designs in 2009 which is the centennial of the Lincoln cent as well as his birth bicentennial), but dollar bills are here to stay until the Government unilaterally decides not to issue them any more, as the Brits and Canadians have done with their equivalent currency.