The "Presidential and First Spouse Coin Act of 2025" directs the Treasury Secretary to mint $1 coins honoring deceased presidents and bullion coins or bronze medals for their spouses.
Catherine Cortez Masto
Senator
NV
The "Presidential and First Spouse Coin Act of 2025" directs the Secretary of the Treasury to mint and issue $1 coins honoring deceased U.S. Presidents, along with bullion coins and bronze medals emblematic of their spouses. These coins will feature designs and inscriptions as determined by the Secretary, with a new coin for each President and their spouse. If a President served without a spouse, the corresponding bullion coin is not required. All coins minted under this act are considered legal tender and numismatic items.
The "Presidential and First Spouse Coin Act of 2025" (Section 1) greenlights the U.S. Mint to produce $1 coins honoring deceased U.S. Presidents, along with bullion coins and bronze medals for their spouses. This isn't just a quick cash grab; it's a structured program with specific rules about who gets a coin and when.
This bill amends Section 5112 of title 31, United States Code, adding subsection (bb). What that boils down to is this: within three years after a President's death, the Treasury Secretary must start issuing $1 coins featuring that President, if they haven't been on a $1 coin before. Think of it like a delayed Hall of Fame induction, but with currency.
These coins are technically legal tender, meaning you could spend them, but the real target is collectors (Section 2 (bb)). They're officially classified as "numismatic items" – a fancy term for collectibles. So, while you could theoretically buy a coffee with a President Fillmore dollar, it's probably going to end up in a display case instead.
One key thing: the Treasury Secretary gets a lot of say in this. They decide the quantity, the exact design, and even the price of the bronze medals (Section 2 (bb)). This means the look and feel, and ultimately the collectibility, of these items rests largely in their hands.
Imagine a coin collector eagerly awaiting the release of a new Presidential coin, or a historical society using the coins and medals for educational purposes. That's the intended impact. The U.S. Mint also stands to benefit from the sales of these items. However, with the Treasury Secretary having broad authority over design and quantity, there's potential for things to get interesting. Will designs be historically accurate? Will they flood the market or keep them scarce? Those decisions will shape how these coins are received and how they impact the numismatic world.