Approved designs for the obverse of the 2016 Ronald Reagan Presidential dollar and obverse and reverse of the 2016 Nancy Reagan First Spouse gold $10 coin were officially released Feb. 6.
The designs were formally unveiled during ceremonies at the The Ronald Reagan Foundation & Library in Simi Valley, Calif., on what would have been President Reagan's 105th birthday. Soon after the unveiling ceremony, facsimile designs were put on display at the U.S. Mint's booth on the bourse of the Long Beach Coin, Currency, Stamp & Sports Collectible Show in Long Beach, Calif.
“The release of the Ronald Reagan Presidential $1 Coin and the Nancy Reagan First Spouse Coin will mark the end of the coin programs that have honored the contributions of our nation's presidents and the indelible work of our nation’s first ladies,” said Richard A. Peterson, United States Mint deputy director of Manufacturing and Quality.
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Additional participants at the event in Simi Valley, Calif., included Marlin Fitzwater, former press secretary to President Ronald Reagan; John Heubusch, executive director of the Ronald Reagan Presidential Foundation; and Brig. Gen. Edward Banta, commanding general of Marine Corps Base Camp Pendleton.
The Reagans' coin designs unveiled reflected enlargements of the final design sketches that were approved by Deputy Treasury Secretary Sarah Bloom Raskin on behalf of Treasury Secretary Jacob Lew. Raskin approved the Ronald Reagan portrait on May 28, 2015, and the Nancy Reagan designs on Nov. 13, 2015.
The Ronald Reagan portrait as it appears on the Proof 2016-S Ronald Reagan Presidential dollar was illustrated in images accompanying the U.S. Mint's announcement of the three-coin 2016 Presidential Proof set that goes on sale Feb. 16 at $17.95. The set also includes Proof Presidential dollars featuring the portraits of Richard M. Nixon and Gerald R. Ford.
The U.S. Mint subsequently removed the artwork illustrating the sets lens containing the Reagan coin, since the approved design was not intended to be released until the Feb. 6 ceremony in California. Coin World had already posted the Ronald Reagan coin art online on Jan. 20 when Mint officials made the decision to remove it from its own website until after the Feb. 6 ceremony.
The Ronald Reagan coin art also appeared on the cover of the Feb. 8, 2016, Weekly issue of Coin World.
The Nixon, Ford and Reagan Presidential dollars are the final issues under the Presidential $1 Coin Program, which began in February 2007 with the release of the George Washington Presidential dollars.