So if you were looking for many of these words and information about the coin, take a quick look at the edge of the coin! In 2009, "IN GOD WE TRUST" was moved to the obverse of the coin along the bottom rim and before the President number. Also, the words "IN GOD WE TRUST" was first depicted on the edge of the coin between 2007-2008. In addition, our motto "E PLURIBUS UNUM" was depicted. The words on the edge included 13 stars (★), the year of mintage and the mintmark. ![]() It was the first time an official US coin had lettering on the edge since 1933 when the Saint Gaudens Gold Double Eagle was last minted. The edge of the coin itself had words on it. It was decided that the Statue of Liberty was sufficient enough to symbolize "LIBERTY". The words typically found on US Coinage, "LIBERTY", was noticeably absent on this coin. Along the lower rim depicts the words "#th PRESIDENT" (whatever number president they were), and the date range in years that they served in office. ![]() The obverse of the coin depicts a portrait of a US President with their name above their relief portrait along the upper rim. Also depicted on the back is "$1" and the words "UNITED STATE OF AMERICA" along the rim. The reverse of the dollar coin would depict the Statue of Liberty, which was designed by US Mint Engraver and Sculptor Don Everhart (who also designed and engraved a number of other US President portraits for this series). The Presidents would be depicted in the order that they were inaugurated into their term in office. Each year, 4 different US Presidents would be depicted on the coins and the new design would be released around every 3 months. The design on the obverse (front side or heads side) of the Presidential dollar coins depicted US President George Washington and the reverse (back side or tails side) of the coin depicted a common Statue of Liberty design that would be used on all of the coins throughout the series. This new program started on January 1st, 2007. Bush and then signed the "Presidential $1 Coin Act of 2005" into law on December 22, 2005. Two days later, it was then sent to US President George W. Once this was done, the Senate voted to approve it on Novemand the House of Representatives passed it shortly later on December 13, 2005. The bill was sent to the US Senate Committee on Banking, Housing and Urban Affairs, where on July 29, 2005, it was deemed favorable without amendment. Sununu (R-New Hampshire) introduced the idea in Senate Bill 1047. The planning of this program first began on when US Senator John E. ![]() The purpose of the Presidential Dollar Coin Program was to honor each US President by depicting them on a new one dollar coin. presidents, and kicked off the program by producing 70 to 80 million coins for each of four presidents selected each year.Presidential Dollar Coins - Golden $1 President Coins The coins were created as part of The Presidential $1 Coin Act of 2005, which sought “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.” The Mint began creating new $1 coins picturing deceased U.S. ![]() Mint had been on track to produce 1.6 billion more of the $1 presidential coins through the year 2016, even though the 1.4 billion in surplus is enough to meet demand for more than a decade, Anderson said. Mint will produce a limited number of the coins, which “will be sold at a premium to collectors, so it will ensure that the coins will not be produced at a cost to taxpayers,” said Treasury spokesman Matt Anderson. Treasury Department said there are 1.4 billion surplus $1 presidential coins just sitting in the vaults of the Federal Reserve, and that the government would save taxpayers at least $50 million per year in production and storage costs by suspending their production.
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