Prez Dollars

That wasn't the case for the Kennedy half, is this a new law for the President dollars?

First I have heard of this. Oh well, guess you learn something new every day. Guess this means no Clinton Dollar either, LOL.

Would be easier to have a "quote" feature than manually typing the code.

I believe that having to be dead for 2 years is in the law for the Presidential dollars.

Because it takes an act of congress to change any coinage, congress would have to act to put the image of anyone on a coin, and they can do it in any time frame, as they did for the Roosevelt on the dime, and Kennedy on the half dollar.

The founding fathers thought, and rightfully so, that it would be improper to honor any living person on a coin. It is a law now that no living person can be on a coin.

The Obama coin is a commemorative coin, minted by the Franklin Mint.

If I'm not mistaken, and I have been a few times in my life, only coinage minted by the US Mint can be considered "legal tender".

I don't know. With the president dollars no one wants to
circulate them. What is to become of them.

As mentioned the law is unclear in its intentions and can be interpreted both ways, once you reach a living president the program ends, or you skip over the living ones until all of the eligible ones have been honored and then it stops at that point. The question is, Which way is the government interpreting it?

I think the answer can be found on the Mint's website in their list of when each of the dollars is going to come out. The list ends at Ford. It used to end at Nixon. If they planed on skipping over the living presidents it would have listed Reagan after Nixon. Then when Ford died his name would have been inserted into the list and Reagan would have been moved back. Since Reagan is NOT on the list I would say the mint does not intend to skip over any living presidents.



Yes the two year requirement was specifically written into the President dollar legislation and only applies to it.



Only if the coin has been in production for less than 25 years. The Kennedy half needed legislation to impliment, but the Roosevelt dime could have been ordered by the Secretary of the Treasury without any legislation.



Not correct other than the President dollar, and the language in the State parks quarter legislation there is no law the forbids the use of a living person on a United States coin. In fact although the President dollar legislation requires thepresident to have been dead for two years, there is no such restriction on the first spouse coins. So it could be possible that we could get Mrs Carter, Mrs Reagan, or mrs Bush on a gold coin while they are still alive.