The New Presidentail Dollar

I was looking around and found a good article about the new Dollars.

A new Presidential dollar coin will be appearing in circulation fairly soon, thanks to legislation finalized by the House of Representatives on December 13. The Presidential $1 Coin Act of 2005 lacks only the signature of President Bush, which is widely expected, to become official. The Act received bipartisan support and passed through both chambers of Congress overwhelmingly.

The first issue of the presidential coin set, featuring a portrait of the first US president, George Washington, will be released in early 2007. The key provisions of Presidential dollar coin law include:
Image placement of four U.S. presidents on the dollar coin each year, in the order of their service, until all are commemorated.
The Statue of Liberty is featured on the reverse side of every presidential coin.
Inscriptions located on the edge of the coin, such as date, mintmark, and the motto "IN GOD WE TRUST".
Continuation of the Sacagawea dollar during the life of the Presidential Coin Program. When the program concludes, all $1 coins will revert to the Sacagawea design.
The federal government is required to use the Presidential dollar coin in all of its retail operations.
The dollar coins must be readily available to commerce, by producing sufficient quantities of rolls and bank bags.
A new pure-gold bullion coin to honor presidential spouses will be created, designed to appeal to collectors and investors alike.
The presidential coin set is modeled after the popular 50 State Quarter Program created by Congress in 1997. That program has attracted many new individuals to the coin collecting hobby, while renewing interest in our nation's history and the contribution of each state. What's more, Uncle Sam has enjoyed a profit of $0.20 or so for every quarter released into circulation, bringing in more than
$4 billion extra dollars to the Treasury due to the public demand for State Quarters. In a similar manner, a fully circulating dollar coin would earn as much as $500 million a year for the government, reflecting the difference between the cost of producing the coin and its face value in commerce, amounting to about $0.80 profit for each Presidential dollar coin.

The table below lists all U.S. presidents in chronological order of service, and the year their Presidential dollar coin will be issued. According to the new law, a president must be deceased a minimum of two years before being honored on a Presidential dollar coin.

Presidential dollar Coins
Year of Issue President, Term of Office
2007
1. George Washington, 1789-1797
2. John Adams, 1797-1801
3. Thomas Jefferson, 1801-1809
4. James Madison, 1809-1817
2008
5. James Monroe, 1817-1825
6. John Quincy Adams, 1825-1829
7. Andrew Jackson, 1829-1837
8. Martin Van Buren, 1837-1841
2009
9. William Henry Harrison, 1841
10. John Tyler, 1841-1845
11. James K. Polk, 1845-1849
12. Zachary Taylor, 1849-1850
2010
13. Milliard Fillmore, 1850-1853
14. Franklin Pierce, 1853-1857
15. James Buchanan, 1857-1861
16. Abraham Lincoln, 1861-1865
2011
17. Andrew Johnson, 1865-1869
18. Ulysses S. Grant, 1869-1877
19. Rutherford B. Hayes, 1877-1881
20. James A. Garfield, 1881
2012
21. Chester A, Arthur, 1881-1885
22. Grover Cleveland, 1885-1889
23. Benjamin Harrison, 1889-1893
24. Grover Cleveland, 1893-1897
2013
25. William McKinley, 1897-1901
26. Theodore Roosevelt, 1901-1909
27. William H. Taft, 1909-1913
28. Woodrow Wilson, 1913-1921
2014
29. Warren G. Harding, 1921-1923
30. Calvin Coolidge, 1923-1929
31. Herbert C. Hoover, 1929-1933
32. Franklin D. Roosevelt, 1933-1945
2015
33. Harry S. Truman, 1945-1953
34. Dwight Eisenhower, 1953-1961
35. John F. Kennedy, 1961-1963
36. Lyndon B. Johnson, 1963-1969
2016
37. Richard M. Nixon, 1969-1974
38. Gerald R. Ford, 1974-1977
39. James E. Carter, Jr., 1977-1981
40. Ronald W. Reagan, 1981-1989
2017
41. George H.W. Bush, 1989-1993
42. William J. Clinton, 1993-2001
43. George W. Bush, 2001-



The issuance dates for the first 37 Presidential dollar coins is certain, carrying us until the year 2016. How many new presidential coins are minted beyond that is dependent on the number of living former presidents who die prior to 2014. Gerald Ford would be 101 years old in 2014; Jimmy Carter and George H.W. both turn 90 that year. Bill Clinton and George W. Bush, both born in 1946, would be 68 in 2014, so the odds are good they won't qualify for their presidential coins by then. And what of the person elected president in 2008, 2012, and 2016? New legislation will probably be written to address this touchy issue.