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New U.S. dollar coin to debut Thursday

Posted : Mon, 12 Feb 2007 17:27:00 GMT
By : Business News Editor
Category : US (Business)
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PHILADELPHIA, Feb. 12 New U.S. dollar coins will have writing on their edges as well as on the face for the first time in 75 years, the U.S. Mint said.

The presidential $1 coins, which debut Thursday, will include E Pluribus Unum and In God We Trust in recessed letters on the edges, USA Today reported Monday. Such lettering allows for a larger portrait on the coin's face, draws attention to the wording and provides something new for coin collectors, the mint said. The last time the mint produced coins with edge lettering was in 1932, USA Today said.

The latest program will feature a former president on the heads side, starting with George Washington, and progressing four a year in the order in which they served. Grover Cleveland, the only president to serve non-consecutive terms, will be honored on two coins.

The Statue of Liberty will be on the reverse.

The new dollar coins are identical in color and size to the Sacagawea golden dollar coins, not minted since 2002 after two years. About $110 million Sacagawea coins are in storage.

Copyright 2007 by UPI

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