President Bush signed into law on Thursday.The government hopes the coins and an accompanying $10 real gold piece for collectors that features former first ladies will boost the mints profit. They also hope the dollar pieces will make the Sacagawea dollars a popular coin.
The obverse of the new dollar coins will depict former presidents, but not those who are living or have been dead for less than two years; the backs of the coins will show the Statue of Liberty.
Four coins a year will be issued, beginning in 2007, in the presidents' order of service. The treasury secretary will have authority over the designs.
Also a gold bullion coin program bearing images of former first ladies and emblems of their causes on $10 coins. Companion coins for those presidents who had no spouse will show images of liberty and themes of the presidents' tenures. The coins will be 99.99 percent pure gold.
From AP and news sources.
Update: The design above was never actually used.
0 dollars worth, for Comments/Questions click here.:
Post a Comment