New Dollar Coins Coming on Feb 15
The U.S. Mint announced it is offering a wide range of free informational materials on its website at usmint.gov/$1coin to help retailers, financial institutions, educators and other interested organizations promote understanding of the new Presidential $1 Coins. The Presidential $1 Coins are being introduced as a result of the Presidential Coin Act of 2005, which requires the United States Mint to mint and issue the dollar coins commemorating the former United States Presidents in the order in which they served. The first in the series of Presidential $1 Coins features President George Washington and will be released on Feb. 15, 2007.
According to a recent study commissioned by the U.S. Mint, about half of Americans surveyed said they are interested in collecting the Presidential $1 Coins, and many expect the coins to be available at retail locations and at financial institutions. The website is a key resource to help retailers, financial institutions and educators prepare for the expected interest in the Presidential $1 Coins.
“Our research indicates that the Presidential $1 Coins will be popular with Americans,” said United States Mint Director Edmund C. Moy, in a prepared statement. “The new website provides valuable information to help educators, retailers and bankers promote a better understanding of the Presidential $1 Coin to their customers, employees and students.”