Truemors
Coin issued on February 15th 2007
George Washington (February 22, 1732 – December 14, 1799) was the first President of the United States, (1789–1797), after leading the Continental Army to victory over the Kingdom of Great Britain in the American Revolutionary War (1775–1783).
Presidential $1 Coin Program
The program began on January 1, 2007, and is similar to the State Quarter program in that it will not end until every eligible subject is honored. The program will issue coins featuring each of four Presidents per year on the obverse, issuing one for three months before moving on to the next President in chronological order by term in office. The U.S. Mint calls it the Presidential $1 Coin Program.
The reverse of the coins bears the Statue of Liberty, the inscription "$1" and the inscription "United States of America". Inscribed along the edge of the coin is the year of minting or issuance of the coin, and also the legends E Pluribus Unum and In God We Trust. The legend "Liberty" is absent from the coin altogether, since the decision was made that the image of the Statue of Liberty on the reverse of the coin was sufficient to convey the message of liberty. The text of the act does not specify the color of the coins, but per the U.S. Mint "the specifications will be identical to those used for the current Golden dollar". The President Washington $1 Coin was first available to the public on February 15, 2007, in honor of Presidents' Day, which was observed on February 19.
Even though it would take about 11 years to honor all the Presidents (George W. Bush is the 43rd President and the act allows for a coin for each of Grover Cleveland's two non-consecutive terms), the series may not run that long. The act specifies that in order for a President to be honored, the former President must have been dead for at least two years prior to issue; the series will end when all the then-eligible Presidents have been honored. If a President does not meet the requirements at the time he would be honored with a coin, then he would be skipped. The next President who served after him meeting the requirements will then be honored. Once the program has terminated, continuation of the series for non-honored Presidents will require another Act of Congress.
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