Saturday, December 17, 2005

Presidents To Appear On Dollar Coins

The U.S. Mint beginning in 2007 will start striking new dollar coins featuring the pictures of dead presidents for the first time in decades.
Artist's renderings show what the new coins might look like. None have been designed yet.
Four coins will be issued each year in the order in which the presidents served, reports USA Today. They are expected to become collectors' items similar to the 10-year state quarter program, which ends with Hawaii in 2008. The dollar coins also are expected to save the government about $500 million a year because they last longer than paper dollars. But they are not expected to completely replace paper bills because of public preference.