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

United States Mint Unveils Designs of New Circulating Presidential $1 Coins

Historic Change On The Way

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.

Year	President	Years Served
2007	1 George Washington	1789-1797
	2 John Adams	1797-1801
	3 Thomas Jefferson	1801-1809
	4 James Madison	1809-1817
2008	5 James Monroe	1817-1825
	6 John Quincy Adams	1825-1829
	7 Andrew Jackson	1829-1837
	8 Martin Van Buren	1837-1841
2009	9 William Henry Harrison	1841
	10 John Tyler	1841-1845
	11 James K. Polk	1845-1849
	12 Zachary Taylor	1849-1850
2010	13 Millard Fillmore	1850-1853
	14 Franklin Pierce	1853-1857
	15 James Buchanan	1857-1861
	16 Abraham Lincoln	1861-1865
2011	17 Andrew Johnson	1865-1869
	18 Ulysses S. Grant	1869-1877
	19 Rutherford B. Hayes	1877-1881
	20 James A. Garfield	1893-1897
2012	21 Chester A. Arthur	1881-1885
	22 Grover Cleveland	1885-1889
	23 Benjamin Harrison	1889-1893
	24 Grover Cleveland	1893-1897
2013	25 William McKinley	1897-1901
	26 Theodore Roosevelt	1901-1909
	27 William H. Taft	1909-1913
	28 Woodrow Wilson	1913-1921
2014	29 Warren Harding	1921-1923
	30 Calvin Coolidge	1923-1929
	31 Herbert Hoover	1929-1933
	32 Franklin Delano Roosevelt	1933-1945
2015	33 Harry S Truman	1945-1953
	34 Dwight David Eisenhower	1953-1961
	35 John F. Kennedy	1961-1963
	36 Lyndon B. Johnson	1963-1969
2016	37 Richard M. Nixon	1969-1974