Presidential coins FAQs
Presidential dollar coins worth anywhere from a couple of dollars to a couple of hundred dollars. Presidential dollar coins value depends on the condition and rarity of the coin. These coins are minted to honor of the US presidents and carry a legacy that transcends their face value.
Presidential dollars are a series of U.S. $1 coins issued by the United States Mint from 2007 to 2016. Each coin features the likeness of a U.S. President on the obverse and the Statue of Liberty on the reverse. The program was designed to honor each eligible U.S. President in the order they served.
There are 39 coins in the Presidential $1 Coin Program, covering Presidents from George Washington to Ronald Reagan, excluding those who are still living or served very recently, as there's a requirement that only Presidents deceased for at least two years can be included.
Yes, Presidential dollars are legal tender and can be used for purchases. However, they are more commonly collected than used in everyday transactions.
The program was intended to run until all eligible Presidents were honored. It officially ended after the Ronald Reagan coin was issued in 2016, as per the program's guidelines. Additionally, the program was not extended to include living Presidents.
While the U.S. Mint has stopped producing Presidential dollars for general circulation, banks may still have some in stock. However, availability varies, and some banks may no longer distribute them.
Common errors include missing edge lettering, double-struck letters, and off-center strikes. These errors can make the coins more valuable to collectors.
You can start by purchasing uncirculated coins from the U.S. Mint or coin dealers. Many collectors also look for special sets or error coins to add to their collections.
While Presidential dollars appear golden in color, they are not made of gold. The coins are composed of a mixture of copper, zinc, manganese, and nickel, giving them their distinctive color.