Presidential Dollar Coin: In Honor Of Government's Highest Position

The United States Government is about to release into circulation a set of coins known as the presidential dollar coin. These coins will be released depicting each of our presidents, in the order they served. For example, in 2007, they will issue the Washington, Adams, Jefferson, and Madison, in that order. They will continue to release four presidential dollar coins per year until all the coins have been issued. The coins will have other unique features that set them apart from previous coins. They will have side inscriptions, including the year they were issued, and they will have reverse designs of the statue of liberty and more. The size, weight and color of the coins will be the same as the Sacagawea coin but the uniqueness of these coins sets them apart.

Bringing Coins Back

The hope is that by issuing the presidential dollar coin, it will reinvigorate the demand for the coin currency. The coins are supposed to be aesthetically pleasing to make people want to save them and spend them as they would paper currency. However, the coins have a lot of hype to live up to if they hope to take over paper currency, for people love their paper dollars that they can fold up in their pockets.

The presidential dollar coin is going to look similar to the Sacagawea coin in height, weight and color, but that's where the differences end. The presidential dollar coin is going to have more elaborate artwork. It's going to have side inscriptions with the dates they were issued, E. Pluribus Unum, and In God We Trust. The coins are going to look very attractive, which is what the designers are looking for. Hopefully, people will take to circulating the presidential dollar coin, rather than collecting them or doing away with them, as people did with the Sacagawea coin.

To get your hands on the newly issued presidential dollar coins, contact your financial institution. Banks, credit unions and other financial institutions are the main source of the circulated coins. You can also ask businesses to give you your change in the presidential dollar coin. You can also get collector books for your presidential dollar coins so that you can preserve them for years to come. The books are designed so that the coins are placed in the order they are released. You can find collector books online or by contacting the U.S. Mint.

The Presidential dollar coin is similar to the release of the fifty state quarters. These quarters are still in circulation today and that's the hope for this new coin. Hopefully, if everything goes as planned, people will do away with their old one dollar bills and they'll instead use the presidential dollar coin as their preferred currency.