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Replies: 16 / Views: 3,876 |
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Press Manager
 United States
1420 Posts |
US Mint - San Francisco Mints Last Year of Presidential $1 Coins  Stacks of 2016 United State Mint Presidential $1 Coin Proof Sets await packaging at the United States Mint at San Francisco.The Presidential $1 Coin Program, which started in 2007 and honored all deceased United States presidents, will come to an end in 2016 when the United States Mint at San Francisco mints the last coins.  Ryan Chan, a coin assembly machine operator, inspects 2016 United State Mint Presidential $1 Coin Proof Sets before getting packaged.San Francisco employees are currently manufacturing the presidential coins, which are minted under the Presidential $1 Coin Act of 2005, Public Law 109-145. Under the provisions of the law, the United States Mint is tasked with honoring our Nation's Presidents by issuing $1 coins featuring their images in the order that they served.  A die setter at the United States Mint at San Francisco inspects edge lettering on a 2016 Presidential $1 coin. Carlos Dumpit was a die setter in training when the program started in 2007. Now a day shift supervisor for the San Francisco facility, "the process was extremely rough," he recalls. "Because this was a new coin, taking dies apart often took 10 to 15 minutes, much longer than the current 5 minutes needed. Putting the dies back together took about 20 minutes. Additionally, since the coin had edge lettering for the year of the coin and the inscriptions 'IN GOD WE TRUST' and 'E PLURIBUS UNUM'—which was a completely new process—there was a lot of trial by error." "The dollars themselves are probably the toughest denomination to run," Dumpit said. "I was excited they let a die setter in training run the dollar, let alone George Washington, the first president."  Elaine Mak, a die polisher at the United States Mint at San Francisco, inspects a President Richard M. Nixon die for the Presidential $1 Coin Program.Because Washington was the first coin in the series, Dumpit said the coin still holds a special place in his heart.  Hai Xiao, a die setter at the United States Mint at San Francisco, places a tray of newly minted President Gerald Ford proof coins in a stack before sending them to get packaged. "I was a young die setter in training," he said. "It was over in the press room. It must have taken me half an hour to get the alignment straight on that die. I just put them in the press and just got a fresh load of washed blanks. I loaded up that cassette, fit it through the feed system and stamped my first coin. I pulled that out and I was amazed. That dollar coin, I wanted it. The finish was good on there, the edge lettering was good on there, the frost, everything. It was one of those 'wow' moments. I just made President George Washington on the coin." The Presidential $1 Coin Program ends with Ronald Reagan, which is unique because San Francisco employees are honoring the only United States president to previously be governor of California, home of their facility.  Teresita Gatmaitan, a die setter at the United States Mint at San Francisco, holds a finished 2016 Ronald Reagan Presidential $1 proof coin. "My favorite of the coins is Ronald Reagan," said Teresita Gatmaitan, a die setter at the San Francisco facility. "Ronald Reagan was governor of California and he made it to the White House. It has been an honor making the presidential coins because we're making the coins that everyone collects. Not everybody gets to do that."
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Moderator
 United States
187564 Posts |
Just look at that Reagan dollar. The design is certainly growing on me. 
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Pillar of the Community
United States
1249 Posts |
What is the next reverse proof coin?
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Moderator
 United States
187564 Posts |
There should be a reverse proof dollar in the Reagan Coin and Chronicles set due to release this December.
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Rest in Peace
United States
10625 Posts |
Quote: Just look at that Reagan dollar. The design is certainly growing on me It does look better from a distance jbuck.
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Valued Member
United States
186 Posts |
I bet if anything happened to Carter .. they would squeeze him the there somehow . someyear
just like the mint changed the rules for the Reagan coin
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Moderator
 United States
187564 Posts |
They did not really change the rules. The text of the legislation is ambiguous enough to be interpreted to either allow or disallow a Reagan dollar. The mint opted to interpret it the way that allowed for it, which is what you do when in the business to generate revenue.
That being said, what is done is now done. The mint cannot unilaterally create a Carter dollar without proper authorization from Congress.
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Bedrock of the Community
United States
11951 Posts |
It will be nice to call the Dansco Presidential dollaralbums ... FInished  I have to say I like them .. but will be happy they are done ... even if there will be some odd empty holes at the end.
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Pillar of the Community
United States
1373 Posts |
I liked the article. I also think I would enjoy working at the Mint. If they ever open a branch here in Detroit, I'll make sure I update my resume and apply!
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Rest in Peace
United States
17900 Posts |
I never get tired of articles showing the actual production and the folks who are performing the tasks.
Thanks for that one.
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Valued Member
United States
467 Posts |
Great article, thanks for that. I'm with GR58, I am glad the series is over. But I am in the group that has not cared for it at all. With that said, I collect all the modern series, so I collect it. So I am curious what most people will consider "complete" with this series? And that can actually work as a larger question for all series. Assuming you collect the proof along with the business strike-- will you consider your collection complete without the reverse proofs, or will you want that to consider it complete? Also-- if you do consider them, how would you collect them? Would you put them in extra holes in a Dansco or would you leave them in their OGP? For me, I am thinking I will need the reverse proofs for me to feel it is complete and I will likely use a CAPS album now and take them out of the OGP. But on a broader scale-- the implication is that if I need the reverse proofs to "complete" my Presidential dollar, then I will no longer feel my Roosevelt dimes are complete because of the March of Dimes set, I will no longer feel my Kennedy set is complete because of the recent varieties (not to mention 98 matte), will no longer feel the SAC is complete without the 14 and 15 enhanced... and now might not even feel my nickel set is complete without the additional mattes (though I am mostly talking about proof coins in this long winded post). Stepping outside the Dansco limitations, strictly regarding proof varieties, what do you consider required to call your collection complete? The standard clad proof, both the standard clad and silver proof or all the proof varieties? I did create this question as a thread of its own in the modern series forum.
Edited by crazyglue 02/16/2016 1:45 pm
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Moderator
 United States
187564 Posts |
Quote: I did create this question as a thread of its own in the modern series forum. Good call.  For your convenience... https://goccf.com/t/253613
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Bedrock of the Community
United States
17884 Posts |
Quote: They did not really change the rules. The text of the legislation is ambiguous enough to be interpreted to either allow or disallow a Reagan dollar. The mint opted to interpret it the way that allowed for it, True, but until 2014 ended and Carter hadn't died meaning Reagan would have been left out, they had interpreted it the other way. Until January or February of 2015 the Mint website showed the series ending with Ford. Then all of a sudden they changed the interpretation to allow Reagan.
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Moderator
 United States
187564 Posts |
Quote: Then all of a sudden they changed the interpretation to allow Reagan. Yes, because money. 
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Pillar of the Community
Russian Federation
5172 Posts |
Up until late 2014, it was still theoretically possible for Carter to be featured (Bush, too, if he happened to die as well), and for the series to end up with an unbroken run of presidents. Thus the list ended with Ford, because for all they knew they would've needed to include Carter. The original legislation, as far as I know, specifically allowed to include any future eligible presidents, even if elected after the start of the program. (That being 2007, McCain, in particular, was a definite possibility.) It didn't say anything about gaps in the run, however (perhaps whoever wrote it expected Carter to be dead by 2014). Somewhat ironically, Nancy Reagan is still alive, even though a coin featuring her is already planned (the First Spouse gold). As far as I know, though, the legislation directly tied the eligibility of the spouse for a coin to that of the respective president, so Nancy Reagan is eligible regardless of whether she is still alive or not when her coin comes out (in 2016). (Incidentally, the legislation also didn't mention anything about said spouse's gender, other than to use a gender-neutral term. One wonders whether, if Hillary Clinton had been elected in 2008 and proceeded to die before 2014, there would've been a Bill Clinton coin in the First Spouse series!  )
Edited by january1may 02/17/2016 12:29 pm
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Moderator
 United States
187564 Posts |
Quote: The original legislation, as far as I know, specifically allowed to include any future eligible presidents, (n)(2)(E) Limitation in series to deceased presidents.- No coin issued under this subsection may bear the image of a living former or current President, or of any deceased former President during the 2-year period following the date of the death of that President. (n)(8) Termination of program.- The issuance of coins under this subsection shall terminate when each President has been so honored, subject to paragraph (2)(E), and may not be resumed except by an Act of Congress. - http://www.law.cornell.edu/uscode/31/5112.html
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Replies: 16 / Views: 3,876 |