Presidential Dollar Release Date Schedule

UPDATED INFORMATION: (excerpt from CoinWorld article)  Treasury Secretary Timothy F. Geithner suspended Presidential dollar coin production for circulation on Dec. 13, 2011, as a cost-cutting measure. His decision was in reaction to excessive inventories of the coins. Federal Reserve coffers are choked with more than 1.4 billion coins, which officials say are sufficient to meet more than a decade of commerce demand without striking additional coins.

Although the Mint will not strike Presidential dollars for circulation, it will continue to produce circulation-quality coins for collectors.

In a telephone interview in January with Coin World, U.S. Mint Deputy Director Richard A. Peterson stated the U.S. Mint would be producing circulation-quality Presidential dollars in various quantity options at premiums above face value, since the options would represent numismatic products.

Source: Paul Gilkes-Coin World Staff | March 12, 2012 7:53 a.m. Article first published in 2012-03-26, U.S. Collectibles section of Coin World  Read entire article here.