As we look forward into 2012, we will again release new dollar coins and new two bit pieces, commonly known today as quarters. The Federal Reserve Banks are now preparing for the continuation of the Presidential $1 Coin and the America the Beautiful Quarters® Programs, now entering their sixth and third release years, respectively. New coins include the next four Presidential $1 Coins and five quarters honoring national parks throughout the United States.
Four new designs will be issued for the Presidential $1 Coin Program (Off-site Link) and distributed by the Federal Reserve Banks in 2012. The special ordering process will remain the same in the upcoming year and is outlined in detail for your reference via the New Coin Release Information online resource center.
The four coins being released in 2012 and their public release dates are:
|Dollar Coin||Release Date|
|Chester A. Arthur||February 16|
|Grover Cleveland||May 17|
|Benjamin Harrison||August 16|
|Grover Cleveland||November 15|
The U.S. Mint will release five more new America the Beautiful Quarters (Off-site Link) as part of the continuing program in 2012. The new quarters will not have special ordering arrangements and will be released as needed to meet transactional demand.
The five coins being released in 2012 are:
|El Yunque National Forest in Puerto Rico||January 23|
|Chaco Culture National Historical Park in New Mexico||April 2|
|Acadia National Park in Maine||June 11|
|Volcanoes National Park in Hawaii||August 27|
|Denali National Park in Alaska||November 5|
Coin Trivia: Did you know?
Why do we call a quarter "two bits"?
In the 17th and 18th centuries, pirates and commoners often cut large silver dollar-sized Spanish Real coin into pie-shaped pieces of small change or "bits". Each bit was 1/8 of the original coin, with two bits being equal to one quarter of the coin. This practice led to the modern use of the term "quarter" to represent that portion of a dollar.
*Release dates are subject to change and new coin will be released prior to the dates provided.
“America the Beautiful Quarters” is a registered trademark of the United States Mint.
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