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Entry bubble Latest Presidential $1 Coin Debuts

By: Stephanie | August 13, 2008 | Category: Money

Jackson presidential $1 coin

Have you seen any of the presidential $1 coins in your change? The U.S. Mint has issued more than one billion of these coins since February 2007. The coins are issued in the order the presidents served, beginning with George Washington, and four coins come out each year.

Tomorrow the seventh presidential $1 coin makes its debut: Andrew Jackson’s. As a boy, Jackson fought in the Revolutionary War, and later gained national prominence as a hero of the War of 1812, when his troops defeated the British at New Orleans. Jackson was nicknamed "Old Hickory" for his firm discipline as a commander, and he once killed a man in a duel over his honor. He served two terms in office as president from 1829 to 1837.

Tomorrow’s ceremony issuing the new presidential $1 coin will be held at Jackson’s home, The Hermitage, near Nashville, Tennessee. The public is invited for free, and can exchange dollar bills for Andrew Jackson presidential $1 coins.

Along with the Presidential $1 coins, the U.S. Mint also is issuing gold collectible coins of the first ladies. But since Jackson’s wife, Rachel, died just a few months before his inauguration, the First Spouse gold coin representing his presidency features Liberty as depicted on a U.S. coin during his time in office.

Contact your bank to find out if it has the presidential $1 coins. See the coin designs (including the upcoming eighth coin), and read a citizens committee's design recommendations to the Secretary of the Treasury. For more information on new currency, visit USA.gov’s Currency and Economy page and FAQ on new dollar designs. Finally, for a little fun, unwind with some online coin-doku.

Have you seen any of the presidential $1 coins in circulation? Are you collecting them?

| View Comments [7] | envelope E-mail This Entry | Tags: andrew_jackson   bank   coin   collecting   currency   mint   money   numismatist   president   presidential_$1_coin   stephanie  

Comments (7):

blue comment bubble Posted by Gypsy Librarian on August 13, 2008 at 10:23 AM EDT

I really have not seen these coins anywhere other than the post office. There, if you use the vending machines, the machine will give you change in dollar coins. That's about it. I usually save one of each of the coins (collect it), then use other extras I may have. I guess you really have to be looking for them. Wish they could circulate more. Best, and keep on blogging.

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blue comment bubble Posted by Diodio on August 13, 2008 at 10:53 AM EDT

Nice, very nice.

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blue comment bubble Posted by Thomas on August 13, 2008 at 11:10 AM EDT

Andrew Jackson's greatest victory The Battle of New Orleans happened after a peace treaty (Treaty of Ghent) had been sign fifteen days earlier. If news of the treaty had made it to the British and American troops before the battle, Andrew Jackson would not had the victory that help propel him to the presidency.

If you buy your stamps through a US Postal stamp machine and you are owed more then a dollar back in change, it will give that dollar back as a US presidential dollar coin. I received an interesting look form a store cashier yesterday when I handed her my payment in US presidential dollar coins. It probably was the first time she had received a payment in that form.

Thomas

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blue comment bubble Posted by Michelle on August 13, 2008 at 10:02 PM EDT

Ok I have to say it, Andrew Jackson looks like Fonzie on that coin.

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blue comment bubble Posted by Qverf on August 14, 2008 at 10:06 PM EDT

I'm eagerly awaiting the Van Buren coins, myself. I'm going to get 'em by the roll and buy all my groceries with them in honor of one of our most awesome-looking presidents.

I'm also really looking forward to Taft!

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blue comment bubble Posted by Angela on September 25, 2008 at 12:23 AM EDT

I am in management for a retail type business. I personally don't like these coins. We stick them in a container in the safe and there they stay, LOL. A lot of people prefer paper.

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blue comment bubble Posted by dan on September 29, 2008 at 08:25 AM EDT

i disagree with the idea that the US shouldn't use $1 coins; there's no reason to continually waste money printing $1 paper notes when the replacement (the coin) is superior in so many regards (doesn't wear out, doesn't get rejected by machines when worn, etc)

this is one issue that we could learn something from our neighbors to the north (canada)

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