The Presidential $1 Coin Program (Public Law 109-145; 119 Stat. 2664) is an Act of Congress that directs the United States Mint to produce $1 coins with engravings of the United States Presidents on the obverse.
This law includes several key numismatic programs:
- The creation of the new one ounce, 24K 0.9999 fine bullion gold coin, the American Buffalo in 2006
- The creation of the Presidential $1 Dollar coin program, starting in 2007
- The creation of a $10 gold bullion companion coin for the First Lady of each President alongside the new Presidential dollar coins.
- The creation of a $50 gold bullion coin commemorating the design of the original buffalo nickel
- The creation of a new design series for the Lincoln cent in 2009
The original Lincoln cent was issued in 1909 to commemorate the 100th anniversary of the birth of Abraham Lincoln. The 2005 Presidential $1 Coin Program chose 2009 as the date for the new cent to commemorate the 200th anniversary of his birth, and the 100th anniversary of the coin.
The act includes the following program specifications:
- A redesign of the reverse of the Lincoln cent in 2009 to show four difference scenes from Abraham Lincoln's life.
- The four scenes are:
- His birth & childhood in Kentucky
- His formative years in Indiana
- His Professional life in Illinois
- His Presidency in Washington, DC
The US Mint has revealed initial designs for the new Lincoln cent. The coins will be produced in "P" and "D" versions, with circulating metal content. They will also be producing special, copper-based (the original 1909 metal content) versions of the "P" and "D" coins for the 2009 Uncirculated Proof Sets. As usual, there will be a special "S" version of the copper cent made for the 2009 Silver Proof Set. Five of each design, for a total of twenty coins. Amazing.
Here are the final four designs:
You may also be interested in my new guide on another US coin program launching in 2009:
The 2009 Native American $1 Dollar Coin Program
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