Circulation release dates for the 2012 Presidential $1 Coins have recently been provided by the Federal Reserve Banks. Four different designs will be released featuring the 21st to 24th Presidents of the United States.
Following the format of the series, a portrait of the President will appear on the obverse of each coin, and an image of the Statue of Liberty will appear on the reverse. The obverse inscriptions include the name of the President, order of the Presidency, dates served, and motto “In God We Trust”. The reverse includes “United States of America” and the denomination expressed as “$1”. The date, mint mark, and motto “E Pluribus Unum” appear on the edge of the coin.
The United States Mint is yet to announce the final obverse designs for the coins, although design candidates were previously reviewed by the Commission of Fine Arts (CFA) and Citizens Coinage Advisory Committee (CCAC) in July 2010. The authority to select the final designs rests with the Secretary of the Treasury, who will take into consideration the input and recommendations provided by the CFA, CCAC, and the United States Mint. The design candidates recommended by the CFA are included in this article.
The published release dates for the 2012 Presidential Dollars appear below. Note that there are two separate coins issued for Grover Cleveland since he served as President during two non-consecutive terms.
| Chester A. Arthur Dollar | February 16, 2012 |
| Grover Cleveland Dollar | May 17, 2012 |
| Benjamin Harrison Dollar | August 16, 2012 |
| Grover Cleveland Dollar (second term) | November 15, 2012 |
Under the authorizing legislation, Federal Reserve Banks are required to make each design of the Presidential Dollar coin program available to depository institutions in unmixed quantities during an introductory period. To comply with this requirement, the Federal Reserve Banks have established a special five week ordering period for the program. For a period extending from three weeks before the circulation release date to two weeks after the circulation release date, banks and depository institutions may order boxes containing $1,000 worth of wrapped rolls or $2,000 bags of loose coins for each newly released design.
The requirement for the special ordering period has been cited as one of the key reasons for the build up of more than $1 billion Presidential Dollars held in storage. Reserve Banks are compelled to order large quantities of each new coin release and distribute these newly minted coins to banks rather than drawing down the existing stockpile. As a portion of the newly issued coins remain unordered or are ultimately redeposited, the stockpile continues to grow.
A parade of legislation has been introduced seeking to abolish or limit the Presidential Dollar program due to the lack of public acceptance and costs of maintaining the stockpile. A single bill takes the opposite approach and seeks to phase out the $1 bill in favor of the $1 coin, citing long term cost savings to the government.
There have been vocal supporters and opponents of several of the bills, although some have a vested interest in the outcome. As yet, none of the bills have been voted on in the House of Representatives or Senate. Until one of the bills becomes law, the Presidential Dollar series will continue its current course, honoring four former Presidents per year.
Am I going to be able to get the rest of the president gold coins? And if they are not in surculation where do I get them?
See this article:
http://news.coinupdate.com/us-mint-sets-lower-prices-expands-offerings-for-presidential-dollars-1149/
The new designs for the series will not be released through circulation channels, but will only be sold by the United States Mint in various products.
IT IS NOT FAIR TO STOP SENDING THESE COINS TO LOCAL BANKS. I HAVE BEEN COLLECTING THESE COINS SINCE THE VERY BEGINING.WHY WOULD THE SYSTEM WANT TO RIP CITIZENS OFF BY CHARGING AN EXTRA TEN DOLLARS PER ROLL AND SHIPPING FEE.THIS IS BEYOND ME.TIMES ARE ALREADY HARD ENOUGH IN TIS OUNTRY. SOMEBODY, PLEASE RESPOND TO MY STATEMENT. THANK YOU,
ROBERT COOPER
This was decided by the Treasury Department. Maybe the best avenue for complaint would be your member of Congress.
Don’t stop something in mid process. Send them to the bank to be sold.
I THINK TO DISCONTINUE THIS PROGRAM AFTER SO MANY OF US HAVE STARTED COLLECTIONS; ESPECIALLY FOR OUR GRAND-CHILDREN ETC. IS UNFAIR.
HOW ARE WE TO CONTINUE COLLECTING THESE AT A FAIR PRICE $1.00 for a $1.00 ?
WPI;D APPRECIATE ANY INFORMATION YOU MAY BE WILLING TO SHAARE.
K. SCHNEIDER
this blow after i been saving the since they came out. whats the deal please explain
See this article
http://presidentialdollarguide.com/treasury-department-suspends-production-of-presidential-dollars/
I think this stinks , they said they were going to complete the series back in 2007 or 6 they should completet there promise
I “PREPAID” for 2 Complete Sets of the $1 Presidential Coins and Display, as I am sure others have as well. I cannot believe the Obama Administration\U.S. Treasury Secretary would cancel this half-way through the presidents. I purchased them through the World Reserve Monetary Exchange. Why would anyone want to buy any future coin sets when we find out they will do this to us. I received a letter from the World Reserve Monetary Exchange saying this is out of their control. *DOES ANYONE KNOW WHAT THE CHANCES ARE OF OPTION #2 BELOW HAPPENING? [Program IN ABEYANCE (wait for the outcome as to the availability of a new channel for bulk coin purchases under the original terms of the Presidential $1 Coin Act of 2005.]? ? I have the option to: (1.) continue to receive Limited Edition Presidential “Medals”, the same size, and using “substantially” the same metals as the Presidential Coins – (a replacement for the display). (2.) Program IN ABEYANCE (wait for the outcome as to the availability of a new channel for bulk coin purchases under the original terms of the Presidential $1 Coin Act of 2005.(3.) Get a Store Credit (4.) Remuneration – payment of the full face value for each coin in four annual installments prior to the completion of each year through 2016. I HAVE TO RETURN A FORM WITH DEADLINE 02/29/2012 – 6 days from NOW as to what I want to do.
Another example of greed by this administration. Someone thought of making
money at our expense. I bought them as gifts for my grandchildren, now what do i do?
Chester Arthur Presidential Dollar release date is April 5
http://news.coinupdate.com/chester-arthur-presidential-dollar-release-date-1276/
How will we be able to finish out our presidential dollar books? I started the books for my grand
children and have them all through Arthur. I am needing the Harrison dollars. Will these mint outlets that we ordered from before be considered as collectors and continue to get them?
I’ve collected rolls since beginning of program! I am gaining to use all of them as tips.
geitner is probably getting a kick back from dealers. We all should flood market with our coins
if they can’t be collected to fill our collections. These make good hollowed treats!
I TOO HAVE COLLECTED FROM THE BEGINING… MY QUESTION IS, HOW WILL IT BE POSSIBLE TO CONTINUE MY COLLECTION IN THE SAME $25.00 ROLLS (LOOKS LIKE THE BANK ROLLS), TO MATCH THE EXISTING COIN ROLLS THAT I HAVE? I DON’T REALLY WISH TO SPEND A LOT MORE THAN FACE VALUE. BUT, IF I MUST TO COMPLETE THE COLLECTION FOR MY SON… I WOULD BE WILLING TO SPEND A LITTLE MORE!
I to have been collecting since the start and then the government decided that they could make more money if they didnt send them to the banks. Using as an excuse that the banks didnt want them.
Just another way for the gov. to get another ten bucks out of the stupid people who want a small collection
I agree, this abrupt ending of providing local banks with the Presidential dollars for their customers was the wrong thing to do. A lot of people collect them for their grand kids as these coins along with the State quarters provide historical significance for them to learn. This country is all about money and influential greed which is obvious. Its very disappointing to those who have been collecting for a long time. I bet the coin dealers had something to say as well. Now you have to pay a premium to the US Mint to get these coins. The Federal Reserve should continue shipping them to the local banks./ Give us a break. You pay a premium and no one wants to give you more than its face value.
Especially the local coin dealers when they make the comment that there are so many in circulation and they do not want to give you anything unless you sell it at its face value. Now that you made those coins, you can keep them in your vaults & coin stores. I hope everyone reads this and take note.
A new year has begin. I should get 2015 33 Harry S Truman, 34 Dwight D Eisenhower, 35 Jon F Kennedy, 36 Lynden B Johnson. I order the Govt. Presidential Dollar Coins Framed Money Gallery order # 2798576 ($324.00 +S/H 69.76 = $493.76. I order two set. I just want to remind you because I didn’t get 7 Andrew Jackson 208, 8 Martin an Buren 2008, and 11 James L Polk. I call about it and they said I got them. Why Would I say I didn’t get them when I did. I didn’t get them.
Elizabeth R Cogbill
15651 US HW 425 North
Star City AR 71667
When are we going to receive our 2015 President Coins? My last notice said in July 2015 but it is now August and no coins.
I have 7 more presidential dollars to complete my collection. I recived Harry S Truman and Dwight Eisenhower coins last friday the 18 th of OCT. When will I get the the ones remaining. John Kennedy, Lyndon Johnson, Richard Nixon, Gerald Ford. Jimmy Carter, and Ronald Reagan. This should of not taken this long to complete our sets.
I would like an answer to my question
William Sandigo
Mr. Sandigo, Who are you trying to reach? Kennedy and Johnson are available. Here is the release schedule on the US Mint’s website: http://www.usmint.gov/mint_programs/$1coin/?action=schedule
I have the Presidential dollar collection, I have every one except James Buchanan, how can I get this one so my collection will be up to date. Thanks
I am missing Pierce, Harrison(1889-1893) and Cleveland(1893-1897) from my collection, how can I obtain these 3 ???
I too ordered the presidential coin collection. In 2012 I got a letter saying that they were not making them anymore. I had different choices to continue so I chose waiting until they chose to make them again. I am trying to figure out which ones I am missing during this period so I can try to get them on Amazon or eBay or somewhere. Could you be of some help to me and tell me which four I would be missing during that period? Thank you
Since President Jimmy Carter is not deceased a coin commemorating his Presidency cannot be minted at this time. In the future after which he has been deceased two years will his coin be minted and sent to me to complete my collection?
My collection is incomplete until this last coin has been issued.
Thank you
Will we get the Jimmy carter coin when he is deceased or is my collection complete? Please let me know.
Thank you.
I hope that I get President Carter in the event he passes. I would like to know if that is possible.
THANK YOU
The Presidential $1 coin program concluded with the Ronald Reagan issue, but it’s easy to see where there has been some confusion. The authorizing legislation (Public Law 109-145) said that the program would honor presidents of the United States; be limited to presidents who had been deceased for at least two years; and end “when each President has been so honored.” At the conclusion of the program, “the design of all $1 coins shall revert to the so-called ‘Sacagawea-
design’ $1 coins.” The law further states that after the program ends, it “may not be resumed except by an Act of Congress.”
The confusing part is the fact that the legislation names the first president to be honored in the program (Washington), but does not specify the final president. And it doesn’t say whether the list of presidents to be honored is limited to those who’d been deceased at least two years at the time of the original legislation (i.e., as of Dec. 22, 2005), or it would include future presidents once they have been deceased at least two years.
Perhaps the wording was deliberately left vague, in case a living president died while the program was ongoing. If that happened, the law might be interpreted to include that president after two years had expired. Whatever the motive behind the wording, none of the living presidents died during the program, and the $1 coin designs have now reverted to the Sacagawea dollars only. In my view, that signals the Mint’s acknowledgment that the Presidential $1 coin program has concluded. Congress would need to pass a law to authorize further Presidential dollars.