That proves that there will be both Sacagawea & Presidential $1 coins issued.In effect,there will be 3 issues of $1 coins,as the Susan B. Anthony $1 still remains legal tender. Aidan.
Yes but I can not find anything about them making like 500 million of them. (as someone posted) I hope they don't go crazy link http://financialservices.house.gov/media/pdf/hr10939.pdf
Don't all $1 coins issued in the US still have legal tender status? Like the Ike, Morgan, Peace, etc?
Here ya go. SEC. 102. PRESIDENTIAL $1 COIN PROGRAM. Section 5112 of title 31, United States Code, is amended by adding at the end the following: `(n) Redesign and Issuance of Circulating $1 Coins Honoring Each of the Presidents of the United States- `(1) REDESIGN BEGINNING IN 2007- `(A) IN GENERAL- Notwithstanding subsection (d) and in accordance with the provisions of this subsection, $1 coins issued during the period beginning January 1, 2007, and ending upon the termination of the program under paragraph (8), shall-- `(i) have designs on the obverse selected in accordance with paragraph (2)(B) which are emblematic of the Presidents of the United States; and `(ii) have a design on the reverse selected in accordance with paragraph (2)(A). `(B) CONTINUITY PROVISIONS- `(i) IN GENERAL- Notwithstanding subparagraph (A), the Secretary shall continue to mint and issue $1 coins which bear any design in effect before the issuance of coins as required under this subsection (including the so-called `Sacagawea-design' $1 coins). `(ii) CIRCULATION QUANTITY- Beginning January 1, 2007, and ending upon the termination of the program under paragraph (8), the Secretary annually shall mint and issue such `Sacagawea-design' $1 coins for circulation in quantities of no less than 1/3 of the total $1 coins minted and issued under this subsection.'.
Dopeuser,you'd be mad to try & spend the ones issued right up to 1935.Imagine trying to pay for a loaf of bread with some U.S. Trade $1s,or buying a pound of potatoes with some Morgan $1s.The silver value alone in one of the coins is worth more than US$1. Can you still get Eisenhower $1s in change today? Aidan.