The Presidential $1 Coin Program is part of an Act of Congress which directs the United States Mint to produce $1 coins with engravings of relief portraits of all eligible U.S. Presidents on the obverse.
The Presidential $1 Coin Program is part of an Act of Congress which directs the United States Mint to produce $1 coins with engravings of relief portraits of U.S. Presidents on the obverse. Each Presidential Dollar Roll contains 25 uncirculated coins.
The program began on January 1, 2007, and is similar to the State Quarter program in that it will not end until every eligible subject is honored. The program will issue coins featuring each of four presidents per year on the obverse, issuing one for three months before moving on to the next president in chronological order by term in office. The U.S. Mint calls it the Presidential $1 Coin Program.
The reverse of the coins bears the Statue of Liberty, the inscription "$1" and the inscription "United States of America". This series of coins are the first ever coins of the United States to replace the written value (ie "one", "two") with an Arabic numeral stating the value of the coin. Inscribed along the edge of the coin is the year of minting or issuance of the coin, and also the legends E Pluribus Unum and In God We Trust. The legend "Liberty" is absent from the coin altogether, since the decision was made that the image of the Statue of Liberty on the reverse of the coin was sufficient to convey the message of liberty. The text of the act does not specify the color of the coins, but per the U.S. Mint "the specifications will be identical to those used for the current Golden dollar". The President Washington $1 Coin was first available to the public on February 15, 2007, in honor of Presidents' Day, which was observed on February 19.
