In what could end up being an about-face in government policy, new legislation was introduced in the United States Senate on January 31, 2012 seeking to replace paper dollar bills with $1 coins.
The proposed bipartisan bill is entitled the Currency Optimization, Innovation, and National Savings (COINS) Act, S. 2049, and was introduced by Senator Tom Harkin of Iowa and Senator John McCain of Arizona.
If passed and signed into law, the COINS Act would effectively serve as a reversal to the December 2011 order [...]
A new line of Presidential $1 Coin products are in store for 2012 while all but one of the existing products will have their prices lowered.
The news comes from a document the United States Mint had published Friday on the Federal Register, the official source for notices by government agencies.
Ranging from $1 to $7, price reductions include the dollar-filled medal sets, coin covers, proof set and uncirculated set [...]
The United States Mint on Thursday announced the designs and released associated images for the 2012 Presidential Dollar Coins. Showcased on the four 2012 coins are obverse portraits of former Presidents of the United States Chester Arthur, Grover Cleveland (acknowledging his first term), Benjamin Harrison and Grover Cleveland again (acknowledging his second term).
These four issues mark the twenty-first through twenty-fourth of the Presidential $1 Coin series. The program debuted in 2007 under which new Presidential dollars are issued [...]
The United States Mint placed the James Garfield Presidential Dollar Coin Cover on sale Thursday, December 29, 2011, for a price of $19.95. It is the Mint’s final product release for the 2011 calendar year.
It is also the final of four 2011 releases in the American Presidency $1 Coin Cover Series and the twentieth since the covers were introduced for the Presidents in 2007.
The limited edition cover features two James Garfield Presidential dollars from the first day of production. One coin, struck on September 1, is from the U.S. Mint facility in Denver, and the other, minted on [...]
Production of circulating Presidential $1 Coins has been immediately suspended at the United States Mint. The suspension comes at the direction of Secretary of the Treasury Tim Geithner as part of a broad Campaign to Cut Government Waste established by President Barack Obama earlier this year.
Presidential $1 Coins will continue to be produced by the United States Mint for coin collectors much like the Kennedy half dollars have been in recent years. New Presidential dollars, however, will no longer be available through the Federal Reserve Bank System as they had been in the past [...]
Another new $1 coin was released into circulation today, November 17, 2011. This one honors James A. Garfield, the 20th President. In addition, the United States Mint’s launch of the James Garfield Presidential dollar rolls began at noon Eastern Time.
U.S. Mint-wrapped $25 Garfield Presidential rolls are $39.95 each, plus $4.95 for shipping and handling. Buyers have the choice of dollars struck at either Denver or Philadelphia. Information for each is available at the Mint’s online store located at http://www.usmint.gov/catalog [...]
Buyers have until the end of this week to purchase Zachary Taylor Presidential dollar rolls directly from the United States Mint. As previously described in a last opportunity announcement involving several products, the Mint will stop selling the rolls on Friday, November 18, at 12:00 noon ET.
Zachary Taylor Presidential dollars were released within rolls by the United States Mint way back on November 19, 2009 — the same day they entered circulation via Federal Reserve Banks. Buyers then had an option to purchase Philadelphia or Denver minted [...]
The United States Mint scheduled a launch ceremony and coin exchange for the James A. Garfield Presidential $1 Coin on Thursday, November 17, 2011.
Open to the public, the events will take place at the James A. Garfield National Historic Site located at 8095 Mentor Ave in Mentor, Ohio, which is about 30 minutes east of Cleveland. The ceremony will start at 10 AM Eastern Time with the coin exchange immediately following.
The keynote address at the ceremony will be given by Dr. Allan Peskin, Professor Emeritus of History at Cleveland State University and author of Garfield, a biography of the President [...]
Despite an official confirmation from the United States Mint that is likely to be off into the distance, Federal Reserve Bank Services has published release dates for the upcoming 2012 Presidential $1 Coins, just as it recently listed them for the 2012 quarters. Of course, the standard caveat of "release dates are subject to change" applies, but it does give interested collectors at least a close idea of when the strikes from the sixth year of the Presidential series will be issued.
These four releases will mark the 21st through 24th of the series which honors former Presidents of the United States of America with portraits of the selected individuals showcased on the obverse of each strike. The program debuted in 2007 with a coin honoring George Washington, the first President of the United States [...]
The United States Mint released the Rutherford B. Hayes Presidential Dollar Coin Cover on Tuesday, October 4, for $19.95.
A popular collector product, the coin cover includes two circulation quality dollar coins chosen from the first day of production. One Rutherford B. Hayes Presidential $1 Coin is from the US Mint facility in Denver and the other is from Philadelphia. Both were struck on June 1, 2011. These coins are mounted on a display card with a U.S. 44-cent postage stamp [...]
