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  1. Dec 27, 2021 · The program began in 2007 with Presidents Washington, Adams, Jefferson, and Madison. Note: In December 2011, Secretary of the Treasury Timothy F. Geithner directed that the United States Mint suspend minting and issuing circulating Presidential $1 Coins.

    • Background
    • Recent Activities
    • $1 Coin Inventories
    • Future Reporting and Recommendation For Legislative Action

    Pursuant to section 104 of the Presidential $1 Coin Act of 2005 (Public Law 109-145), the Board of Governors of the Federal Reserve System (Board) is required to submit an annual report to the Congress that includes an assessment of the remaining obstacles to the efficient and timely circulation of $1 coins; consultations with industry representati...

    The United States Mint has not produced Presidential $1 coins for circulation since December 2011 but continues to produce them for collectors.1 As a result, the Federal Reserve Banks (Reserve Banks) meet depository institution demand with existing $1 coin inventories. Similar to their feedback in previous years, depository institutions continue to...

    Reserve Bank inventories of $1 coins decreased by $41 million over the past year, to nearly $1.064 billion as of June 30, 2020 (see table 1 below). Inventories are about $996 million more than the Reserve Banks held before the start of the Presidential $1 coin program. Assuming current levels of demand continue, Reserve Bank inventories will decrea...

    To ensure compliance with the Presidential $1 Coin Act, the Federal Reserve will continue to fulfill depository institutions' demand for $1 coins with existing inventory, while the United States Mint will meet collector demand for new designs through direct sales. In its 2012 submission of this annual report, as well as subsequent reports, the Boar...

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  3. Dec 13, 2011 · The Mint began creating new $1 coins picturing deceased U.S. presidents, and kicked off the program by producing 70 to 80 million coins for each of four presidents selected each year. But...

  4. A new coin was released on December 4, 2020, to honor George H. W. Bush, who died after the original program ended. [2] [3] Legislative history. S. 1047, the Presidential $1 Coin Act of 2005, was introduced on May 17, 2005, by Senator John E. Sununu with over 70 co-sponsors.

    Release #
    Spouse #
    Name
    Reverse Design
    40
    41
    A child reading a book with a river and a ...
    39
    40
    Mrs. Reagan with two children wearing ...
    38
    38
    Young woman ascending a staircase, ...
    37
    37
    People standing hand-in-hand surrounding ...
  5. Earlier in 2012, the Treasury Secretary suspended production of the Presidential $1 coins for circulation, and in 2016, after production of collectors’ coins depicting the last eligible president (Ronald Reagan), the program ended.

  6. Jun 28, 2011 · July 26, 2011 • A bill has been introduced in Congress to kill the troubled dollar coin program. Unwanted dollar coins are piling up in Federal Reserve vaults around the country, costing...

  7. July 28, 2020 - WASHINGTON – The United States Mint (Mint) today officially announced the designs for the George H.W. Bush Presidential $1 Coin and the Barbara Bush First Spouse Gold Coin. Public Law 116–112 authorizes the Mint to strike and issue these coins.... George H. W. Bush Presidential $1 Coin.

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