Home > Presidential $1 Coin Act of 2004
The Presidential $1 Coin Act of 2004 proposes circulating a $1 coin with pictures of the United States Presidents on the obverse. The program would begin on January 1, 2006 and would be akin to the State Quarter program in that it wouldn't end until every subject is honored. The program would feature each president for a certain amount of time, then move on to the next chronological president. The bill also calls for removing from circulation past dollar coins (not including the Sacagawea dollar), most notably the Susan B. Anthony dollar. The Presidential $1 Coin Act of 2004 was introduced because of the failure of the Sacagawea $1 coin to gain wide-spread circulation in the United States. The bill sympathizes with the need of the nation's private sector for a $1 coin, and hopes that the appeal of changing the design will cause the public to demand the new coins (as the public generally responded well to the State Quarter program.) The Presidential $1 Coin program would also educate the public about the history of the nation's presidents.
The Presidential $1 Coin Act of 2004 would also honor each First Lady with a $10 uncirculated bullion coin.
Rep. Mike Castle and Rep. Carolyn Maloney introduced the Presidential $1 Coin Act of 2004 to the United States House of Representatives on March 9, 2004.
