On a recent visit to the Westfield Meriden Shoppingtown Mall in Meriden, CT, also known as the Meriden Square, I was able to speak with several representatives of the U.S. Mint regarding their latest mission in bringing history alive.
Their mission, to make gold $1 Presidential Coins and $1 Nation’s First Spouses Coins are expected to be even more popular than the current 50 State Quarters Program.
The First Spouses Program will feature one-half ounce, 24-karat gold coins which will be issued on the same yearly schedule as the Presidential $1 coins beginning with the Martha Washington coin in 2007.
Like the 50 States Quarter Program, the new $1 Presidential Coins will offer a rotating design featuring the likeness of each president in order of their term of service.
The coins will offer educational value, building knowledge, and inspiring pride in the nation’s history and heritage.
An obverse design of a former U.S. President will be featured on one side with a display of the Statue of Liberty will be displayed on the other side.
Traditional coin inscriptions normally seen cut into the surface of a coin, “E Pluribus Unum” and “In God We Trust” as well as “In God We Trust” as well as the year and mint mark are cut into the edge of the coins.
This particular feature will make the coins unique among today’s U.S. circulating coins.
The new $1 coins will be available at financial institutions and accepted at all places where dollar coins are used including businesses, transit authorities, and vending machines.
During a six-week period for each Presidential $1 coin release, financial institutions can obtain unlimited quantities of that specific design to provide to their customers.
Retailers and consumers interested in the new Presidential $1 Coin Program should consult their financial institutions.
A U.S. Mint representative at the mall assured me the $1 coins can be used for train, subway, bus, and other mass transit services.
To ensure these coins can be used everywhere, the Presidential $1 Coin Act of 2005 requires the capability to accept and dispense the new $1 coin by all Federal Government agencies, the U.S. military, transit systems receiving federal funds, and business operating on Federal Government premises by January 1, 2008.
To assist the visually impaired, the new $1 Presidential Coins are identical in color and size to the Sacagawea Golden Dollar coins and have the same distinctive rim and tactile features.
Regardless of the number of consecutive terms a President served, each President will be honored with a single $1 coin.
Grover Cleveland, the only President to serve two non-consecutive terms will be honored with two coins.
During 2007, four new gold coins will be released with the four first presidents of the United States.
February 15, 2007 will mark the release of the George Washington coin who served as the first President of the United States from 1789 to 1797.
This first coin’s release will coincide with Presidents’ Day.
A coin with the former second President of the United States John Adams, who served from 1797 to 1801, will be released in May 2007.
The third President of the United States, Thomas Jefferson, served our country from 1801 to 1809 and a coin with his image will be released in August 2007.
During November 2007, a coin with the image of the fourth President of the United States, James Madison, who served our country from 1809 to 1817, will be released.
Coins released during 2008 will honor James Monroe, John Quincy Adams, Andrew Jackson, and Martin Van Buren.
2009 coins will honor William Henry Harrison, John Tyler, James K. Polk, and Zachary Taylor.
During 2010, coins released will honor Millard Fillmore, Franklin Pierce, James Buchanan, and Abraham Lincoln.
2011 coins will honor Andrew Johnson, Ulysses S. Grant, Rutherford B. Hayes, and James A. Garfield.
During 2012 coins will honor Chester A. Arthur, Grover Cleveland, Benjamin Harrison, and Grover Cleveland.
2013 coins will honor William McKinley, Theodore Roosevelt, William Howard Taft, and Woodrow Wilson.
During 2014 coins will honor Warren G. Harding, Calvin Coolidge, Herbert Hoover, and Franklin D. Roosevelt.
2015 coins will honor Harry S. Truman, Dwight D. Eisenhower, John F. Kennedy, and Lyndon B. Johnson.
The program is expected to end in 2016 with the release of coins commemorating the presidencies of Richard M. Nixon and Gerald R. Ford.