The Presidential Dollars were issued at a rate of four different designs per year from 2007 to 2015, with three designs issued in 2016 and one final coin added to the series in 2020. The coins prominently feature a bust of the United States President on the obverse, with a dramatic rendition of the Statue of Liberty on the reverse. Under the provisions of the Presidential $1 Coin Act, coins are only issued for presidents who have been deceased for at least two years.
Initially, the Presidential Dollars received a welcome reception from collectors. However, the coins failed to gain widespread use within commerce. This caused a stockpile of excess dollars to build within Treasury vaults despite a significant decrease in production. As a result, the Treasury Department announced at the end of 2011 its decision to suspend the production of the series for circulation.
Since 2012, Presidential Dollars have not been struck for circulation and have only been produced in limited numbers necessary to fulfill collectors’ demands. The United States Mint only offered these coins within 25-coin rolls and 250-coin bags at a premium to face value. Accordingly, mintage levels for the series significantly decreased. The U.S. Mint also issued Proof versions of Presidential Dollars within Presidential Dollar Proof Sets, as well as the annual Proof Set and Silver Proof Set.
Presidential Dollar Notes:
The First Spouse Gold Coins—24-karat gold coins honoring the presidents’ spouses while in office—were issued alongside the Presidential Dollars.
The highest minted coin in the series is the inaugural 2007-P George Washington Presidential Dollar, with a mintage of 176,680,000.
The lowest minted Presidential Dollar is the 2015-P Reverse Proof Dwight D. Eisenhower Presidential Dollar with a mintage of 16,744.