Latest Presidential $1 Coin Debuts
By: Stephanie | August 13, 2008 | Category: Money
Have you seen any of the presidential $1 coins in your change? The U.S. Mint has issued more than one billion of these coins since February 2007. The coins are issued in the order the presidents served, beginning with George Washington, and four coins come out each year.
Tomorrow the seventh presidential $1 coin makes its debut: Andrew Jackson’s. As a boy, Jackson fought in the Revolutionary War, and later gained national prominence as a hero of the War of 1812, when his troops defeated the British at New Orleans. Jackson was nicknamed "Old Hickory" for his firm discipline as a commander, and he once killed a man in a duel over his honor. He served two terms in office as president from 1829 to 1837.
Tomorrow’s ceremony issuing the new presidential $1 coin will be held at Jackson’s home, The Hermitage, near Nashville, Tennessee. The public is invited for free, and can exchange dollar bills for Andrew Jackson presidential $1 coins.
Along with the Presidential $1 coins, the U.S. Mint also is issuing gold collectible coins of the first ladies. But since Jackson’s wife, Rachel, died just a few months before his inauguration, the First Spouse gold coin representing his presidency features Liberty as depicted on a U.S. coin during his time in office.
Contact your bank to find out if it has the presidential $1 coins. See the coin designs (including the upcoming eighth coin), and read a citizens committee's design recommendations to the Secretary of the Treasury. For more information on new currency, visit USA.gov’s Currency and Economy page and FAQ on new dollar designs. Finally, for a little fun, unwind with some online coin-doku.
Have you seen any of the presidential $1 coins in circulation? Are you collecting them?
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