Castle Praises Designs of New First Spouse Coins that Will Accompany Presidential Dollar Coins
WILMINGTON, DE
| December 19, 2006 -
Delaware Congressman Mike Castle, author of the
Presidential Dollar Coin program, today praised the unveiling of the
designs of the 2007 First Spouse pure gold collectible coins which will
be released in conjunction with the Presidential dollar coin of the man
to whom they were married. Today's event took place at the National
First Ladies Library in Canton, Ohio. The first four First Spouse
coins to be released have designs of Martha Washington, Abigail Adams,
Dolley Madison and a symbolic rendition of Liberty will be featured on
the third coin since Thomas Jefferson's wife died before he took
office. The 2007 First Spouse Coins are scheduled to be release in May
around Mother's Day.
"Although I could not attend the design
unveiling today, I believe it is extremely important that the new
Presidential dollar coins have the complementary First Spouse coins to
honor those contributions of the first ladies through the history of
our country. These collectibles will stand as a testament to the
legacies of each of the women who served along side their husband and I
look forward to seeing the coins firsthand when they are released this
spring," Castle said.
According to the U.S. Mint, four one-half
ounce gold First Spouse Coins will be minted annually, in the order the
Spouses served in the White House. The First Spouse coins mark the
first time that the United States Mint has struck a consecutive series
of coins featuring women, who are not allegorical figures such as
Liberty. Bronze medal duplicates of the First Spouse Coins will also
be minted.
The Spousal Coins are complements to the circulating
one-dollar coin program which will start in February 2007 and will
display a regularly changing design, featuring the Presidents of the
United States in the order in which they served, with a new design
every three months. The reverse of the dollar coin will feature a
dramatic image of the Statue of Liberty. Importantly, the Sacagawea
design coin will continue to be produced and remain available
throughout the life of the Presidential Dollar program. The bill also
has a number of provisions aimed at removing barriers to the
circulation of the one-dollar coin. The legislation was born out of
the success of the 50-State Quarter Program, which Castle created and
which has saved close to $6 billion for the federal government since it
began in 1999. The Presidential Dollar Coin Program is expected to
save at least $6 billion over the life of the program.