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From 2007 to 2011, Presidential dollar coins were minted for circulation in large numbers, resulting in a large 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]
The Presidential $1 Coin Act is intended to create renewed interest in dollar coins, like that seen during the 50 State Quarters program. [40] At least one-third of all dollar coins produced are still Sacagawea coins, with the remaining coins making up the four presidential coins produced annually.
Eisenhower dollar. Coins for circulation. 1971–1978 Eisenhower Dollar coin. The reverse only changed in 1975 and 1976 when the double dated coins showing 1776–1976 were minted to celebrate the U.S. Bicentennial. 2015 Dollar (obverse), 2nd of four U.S. presidents issued in 2015. Commemorative coins
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.
Coins of the United States dollar – aside from those of the earlier Continental currency – were first minted in 1792. New coins have been produced annually and they comprise a significant aspect of the United States currency system. Circulating coins exist in denominations of 1¢ (i.e. 1 cent or $0.01), 5
^1 Although technically a circulating coin, no dollar coins have been struck for circulation since 2011. Dollar coins are struck for circulation when the economy needs them. ^2 This is a non-circulating variety of a circulating coin.
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