WASHINGTON — The U.S. Mint is rolling out its fourth new presidential coin today, this one bearing the likeness of James Madison, the father of the Constitution.
While there are a lot of doubters, Mint Director Ed Moy hopes that the latest attempt to introduce a dollar coin will be more successful than previous efforts.
The new presidential coins, in an effort to tap into the huge success of the 50-state quarter program, feature a changing design with a new president introduced every three months in the order they served in office. The hope is that the changing designs will keep interest high and avoid the sharp drop-off in demand seen with other coins after their initial introduction....
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