| Author |
 Replies: 19 / Views: 2,561 |
|
Pillar of the Community
United States
4867 Posts |
Okay so when the coins get to the living presidents what will happen to the series since they cannot be on a coin until they are deceased? Also will this series continue forever as we get a new president?
|
|
|
|
Moderator
 Australia
16805 Posts |
As I understand it, the program will cease once it reaches a living President. Schedule on US Mint site. If more ex-Presidents expire by 2016, the series will be extended, but they have to die in the correct order; if Carter doesn't pass away before 2016, then Reagan won't get one, either. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
|
|
Pillar of the Community
United States
1882 Posts |
I understand it differently than Sap. Each eligible president is put on a coin, in order. Living presidents (and those who have not been dead long enough) are not eligible. So those presidents will be skipped when their turn arrives. When there are no more eligible presidents remaining, the program will expire, unless Congress extends it.
But I've read the law and see how it could be interpreted differently.
|
|
Pillar of the Community
 United States
4867 Posts |
Should be interesting to see how this plays out.
|
|
Moderator
United States
187446 Posts |
Quote:
But I've read the law and see how it could be interpreted differently. Yes, this has been argued before. The law is open to interpretation. My take was that if Carter is still alive within the two years of his scheduled coin, Congress would probably act to ensure legislation is passed to allow the Reagan coin. |
|
Valued Member
United States
120 Posts |
One more intersting point is that a President has to be dead at least two years before the coin can be minted.
|
|
Pillar of the Community
United States
608 Posts |
Quote:
One more intersting point is that a President has to be dead at least two years before the coin can be minted.
That wasn't the case for the Kennedy half, is this a new law for the President dollars? |
|
New Member
United States
18 Posts |
Jbuck and mowens16... I heard the same thing from a local dealer today.
On a side note how do you quote from another poster?
|
|
Valued Member
United States
140 Posts |
First I have heard of this. Oh well, guess you learn something new every day. Guess this means no Clinton Dollar either, LOL.
|
|
Pillar of the Community
United States
3098 Posts |
I read from the legislation that the president has to be dead first, and that's all. So, if Carter is still alive by 2015, we will have a Reagen dollar. And you quite by putting what you want to quite between [q uote] and [/q uote] So.... Quote:
and |
|
Pillar of the Community
United States
4867 Posts |
Would be easier to have a "quote" feature than manually typing the code.
|
|
Pillar of the Community
United States
608 Posts |
Quote:
Would be easier to have a "quote" feature than manually typing the code. You do:  |
|
Valued Member
United States
266 Posts |
Quote:That wasn't the case for the Kennedy half, is this a new law for the President dollars? 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. |
|
Pillar of the Community
United States
2130 Posts |
Quote:
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.
Maybe I'm wrong, I thought the Obama coin was legal tender. |
|
Valued Member
United States
266 Posts |
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".
|
|
Pillar of the Community
United States
4867 Posts |
I like Canadian coins. The obverses are all the same of the Queen. I really like the reverses too.
|
| |
Replies: 19 / Views: 2,561 |
Posted 08/05/2009 10:57 am
