Congress authorizes new dollar coins
New dollar coins featuring all 37 of the nation’s dead presidents will begin rolling out of the U.S. Mint in 2007 under a bill Congress is sending to President Bush.
Lawmakers hope the coins – and an accompanying $10 gold piece for collectors featuring former first ladies – will be a big money raiser for the government like the 50-state quarter program. They also hope the dollar pieces will rev up interest in the Sacagawea dollars, which have been little-used.
The front of the coins would depict former presidents, but not those who are living or have been dead for less than two years, and the backs would show the Statue of Liberty. Four coins a year would be issued, beginning in 2007, in the presidents’ order of service. The U.S. Treasury secretary would have authority over the designs.
As of now, there would be 38 coins issued for the 37 presidents — Grover Cleveland served two nonconsecutive terms and would be on two coins.
Source: KARE 11
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