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The Presidential Golden Dollar Program
In 2007, the United States Mint launched the Presidential Golden Dollar program,
an ambitious new $1 coin series ultimately intended to honor every single U.S.
President in the order in which they served. The U.S. Mint will produce and
release four coins per year until all Presidents have been honored. The
Presidential Golden Dollar program is currently projected to last at least
through 2016 until all former Presidents who have been deceased for more than
two years have been honored.
In a manner fitting the historic nature of this coin series, several design
innovations were implemented to make the Presidential Golden Dollars unique
among all United States coins. In addition to being “golden” dollars as first
depicted with the Sacagawea $1 coin, the Presidential Golden Dollars feature
other design innovations unique among all United States coins. For example:
- Each coin’s obverse will uniquely feature the likeness of each respective
President with their name inscribed along the top rim. The obverse’s bottom rim
inscriptions will denote which President they were numerically and their term
years in office.
- The traditional inscriptions normally found on the obverse of circulating
coins denoting the mint year and mintmark, along with the mottos “In God We
Trust” and “E Pluribus Unum,” will uniquely adorn the coin’s edge.
- In place of the traditional “Liberty” inscription, the coin’s reverse features
a striking rendition of the Statue of Liberty, along with inscriptions denoting
“United States of America” and a “$1” legal tender denomination.
In February 2007, the first coin that was minted and issued commemorated George
Washington, the nation’s beloved first President. Every three months a new coin
will be released. As 2007 unfolded, the U.S. Mint released the Golden Dollars
for John Adams in May, Thomas Jefferson in August and James Madison in November.
The 2008 series will be inaugurated with the James Monroe Golden Dollar in
February.
The United States Mint and numismatic enthusiasts expect the Presidential Golden
Dollar program to further energize the formerly known “hobby of kings” by
introducing an entire new generation to the joys of coin collecting. One of the
main reasons individuals like to collect coins is for the historical
appreciation of the coins themselves and the events or historical figures they
are intended to commemorate. As a quick history review, the following “brief
profiles” remind us of some of the landmark accomplishments of our great
nation’s earliest Presidents.
A Brief Profile of George Washington:
- On February 15th, 2007, the United States Mint issued the new George
Washington Golden Dollar, only the second U.S. coin to ever bear the likeness of
the nation’s first President who served from 1789-1797.
- The George Washington Golden Dollar is the first coin to be released in the
Mint’s ambitious Presidential Golden Dollar Program.
- Before becoming President, Washington served as the General and Commander in
Chief of the Continental Army during the Revolutionary War.
- As the first President of the United States, he signed the country’s first Act
of Congress in 1789 and later the legislation that established the United States
Mint in 1792.
- In 1791, President Washington presided over the nation’s first recorded
Cabinet meeting, which included Treasury Secretary Alexander Hamilton and
Secretary of State Thomas Jefferson.
- President Washington himself laid the cornerstone for the United States
Capitol building in Washington, D.C., on September 18, 1793.
A Brief Profile of John Adams:
- On May 18th, 2007, the United States Mint issued the new John Adams Golden
Dollar, the first U.S. coin to ever bear the likeness of the nation’s second
President who served from 1797-1801.
- The John Adams Golden Dollar is the second coin to be released in the Mint’s
ambitious Presidential Golden Dollar Program.
- John Adams, who was also the nation’s first Vice-President, was the first U.S.
President to live in the White House.
- During the American Revolution, the Harvard-educated Adams served the upstart
nation as a foreign diplomat drumming up critical international support for the
recognition of America’s independence.
A Brief Profile of Thomas Jefferson:
- On August 16th, 2007, the United States Mint issued the new Thomas Jefferson
Golden Dollar, only the second U.S. coin to ever bear Jefferson’s likeness who
served as the nation’s third President from 1801-1809.
- The Thomas Jefferson Golden Dollar is the third coin to be released in the
Mint’s ambitious Presidential Golden Dollar Program.
- Among his many accomplishments prior to becoming President, Jefferson drafted
the Declaration of Independence at age of 33, was the nation’s first Secretary
of State in the Washington administration and served as Vice-President under
John Adams.
- As President, he negotiated the Louisiana Purchase and commissioned the Lewis
and Clark Expedition to explore the territory.
- Known as the “Sage of Monticello,” his vast library later became part of the
Library of Congress.
- One of four U.S. Presidents memorialized at Mt. Rushmore and also honored in
Washington D.C. with the Jefferson Memorial.
A Brief Profile of James Madison:
- On November 15th, 2007, the United States Mint issued the new James Madison
Golden Dollar, the first U.S. coin to ever bear the likeness of the nation’s
fourth President who served from 1809-1817.
- The James Madison Golden Dollar is the fourth coin to be released in the
Mint’s ambitious Presidential Golden Dollar Program and the last one to be
issued in 2007.
- Madison is hailed as the “Father of the Constitution” and “Father of the Bill
of Rights”.
- Wrote over one-third of the essays comprising “The Federalist Papers,” which
is still considered the most influential Constitutional commentary ever written.
- Served as Secretary of State in the Jefferson administration from 1801-1809
and was instrumental in negotiating the Louisiana Purchase doubling the size of
America.
- While President, he engaged the young nation in a war with Britain to protect
America’s economic rights.
With the program already mapped out through at least 2016, collectors will be
hearing a lot more about the Presidential Golden Dollar program for years to
come. Anyone interested in building their very own collection should consult
with their favorite coin dealer and get started sooner rather than later.
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