Presidential Dollars, No. 2: Collection Starting 2012

In December 2005, Congress approved the creation of a new dollar coinage, known as Presidential dollars, and President George W. Bush signed the legislation into law shortly afterward. During each year from 2007 to 2016, four different dollar designs, each bearing the image of a different president, are being released. The motto IN GOD WE TRUST appears in edge lettering a first for a U.S. coin, as the motto has never before appeared on the rim. The year of issue is likewise on the rim. 24 Openings covering 2012 through the first release in 2016. Originally a President was to be deceased for two years in sequence of term before a coin could be minted. When the program started President Ford and not died. We left additional blank openings to compensate. President Carter has not passed but the Mint decided to proceed with President Reagan. There are additional openings and no Presidents were forgotten.