What is the Presidential $1 Coin Program?
Q: What is the Presidential $1 Coin Program?
A: The Presidential $1 Coin Program is a program initiated by an Act of Congress, Pub.L. 109-145, for the United States Mint to produce $1 coins with the portraits of U.S. presidents.
Q: When was the Act of Congress passed for the Presidential $1 Coin Program?
A: The Act of Congress for the Presidential $1 Coin Program was enacted on December 22, 2005.
Q: What is the purpose of the Presidential $1 Coin Program?
A: The purpose of the Presidential $1 Coin Program is to produce $1 coins with portraits of U.S. presidents.
Q: When were the presidential $1 coins minted?
A: The presidential $1 coins were minted from 2007 to 2011.
Q: What happened to the stockpile of unused $1 coins?
A: The large stockpile of unused $1 coins was produced because the presidential $1 coins were minted in large numbers.
Q: Why are new presidential coins being minted only for collectors since 2012?
A: New presidential coins have been minted only for collectors since 2012 because of the large stockpile of unused $1 coins previously produced.
Q: Who is responsible for producing the presidential coins?
A: The United States Mint is responsible for producing the presidential coins.