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Changes to Presidential $1 Coin Program

A decision was made by the Treasury Department which will change the implementation of the Presidential $1 Coin Program.

Secretary Geithner has approved a Treasury recommendation to suspend minting of $1 coins required under the provisions of the Presidential $1 Coin Act of 2005. This decision is effective immediately and means that the President Chester A. Arthur $1 coin will not be released for circulation in February 2012 as planned. There are also no plans to produce further Presidential or Sacagawea $1 coins for circulation.