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From 2007 to 2011, presidential dollar coins were minted for circulation in large numbers, resulting in an ample stockpile of unused $1 coins. From 2012 to 2016, new coins in the series were minted only for collectors. [1] A new coin was released on December 4, 2020, to honor George H. W. Bush, who died after the original program ended. [2] [3]
President William Howard Taft, who assumed office in March 1909, wanted the words to appear on the coin's obverse. [6] This meant that the dies and pennies were delayed until August 1909. [7] The coin was finally released to the public on August 2, 1909, with much fanfare. [8] People got in long lines and waited to get the pennies.
Also, unlike any other denomination of circulating U.S. coinage (but in common with the Presidential $1 coins), the value is inscribed in numerals on the reverse. The act passed by Congress requires that 20% of the total dollar coins minted in any year during the Presidential $1 Coin Program be Sacagawea dollars bearing the new design.
As a way of honoring more presidents, the U.S. Mint began issuing Presidential Dollar coins in the 2000s. Most are worth about face value, but a couple are valued in six figures due to errors .
Coolidge remains the only president depicted on coinage during his lifetime. Starting in the 1930s, the US Mint was criticized for issuing commemorative coins of dubious recognition and seemingly endless mint runs (the Oregon Trail Memorial 50-cent piece was minted 8 years during a 14-year span). Multiple unrelated commemoratives also were ...
Sacagawea dollar (2000–present): For coins minted from 2000 to 2008, the mintmark is just below the date. For coins minted since 2009, the date, mintmark and E Pluribus Unum were moved to the edge of the coin. [37] Presidential dollar (2007–2016): The mintmark and date are found on the edge of the coin. [38]
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The Coinage Act of 1792 established the United States Mint and regulated the coinage of the United States. [3] The act created coins in the denominations of Half Cent (1/200 of a dollar), Cent (1/100 of a dollar, or a cent), Half Dime (also known as a half disme) (five cents), Dime (also known as a disme) (10 cents), Quarter (25 cents), Half Dollar (50 cents), Dollar, Quarter Eagle ($2.50 ...