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).