The Presidential $1 Coin Act of 2005
The United States is honoring our Nation's Presidents by issuing $1 coins featuring their images in the order that they served, The Program began in 2007 with Presidents Washington, Adams, Jefferson and Madison. (Note: In December 2011,Secretary of the Treasury Timothy F. Geithner directed that the United States Mint suspend minting and issuing circulating Presidential $1 Coins. Regular circulating demand for the coins will be met through the Federal Reserve Bank’s existing inventory of circulating coins minted prior to 2012. The United States Mint will continue to offer several products that contain Presidential $1 Coins.)
The Presidential $1 Coin Act (Public Law 109-145) seeks to revitalize the design of United States coins and return circulating coinage to its position as an object of aesthetic beauty in its own right. Accordingly, the Presidential $1 Coins feature larger,more dramatic artwork, as well as edge-incused inscriptions of the year of minting or issuance, E PLURIBUS UNUM and the mint mark.
The United States Mint mints and issues four Presidential $1 Coins per year, each with a common reverse design featuring a striking rendition of the Statue of Liberty. The composition of the Presidential $1 Coins is identical to that of the Golden Dollar featuring Sacagawea and the Native American $1 Coins.
First Spouse Gold Coins and Bronze Medals
In addition to its recognition of the Presidents on $1 coins, the United States is honoring their spouses through the issuance of proof and uncirculated quality one-half ounce 24-karat gold $10 coins emblematic of the life of each spouse. The United States Mint issues these coins under the same annual release schedule as the corresponding Presidential $1 Coins. These 24-karat gold coins generally have an obverse image of the first spouse and a reverse image symbolic of that particular spouse's life and work. The United States Mint will also strike bronze medals that bear the likenesses of these coins. The law calls for alternative designs to ensure program continuity through periods in which a President served without a spouse.