Honoring the U.S. Presidents in order of service. – The Presidential $1 Coin Act was signed into law on December 22, by President George W. Bush. The George Washington Presidential Collection features one of the boldest and most beautiful coins ever created by the United States Mint. The traditional. Do you have a few presidential coins in your collection? The Presidential $1 Coin Act of was passed to honor former U.S. presidents with their own coin. Presidential DollarsHonoring the U. The act required federal government agencies including the United States Postal Servicebusinesses operating on federal property, and federally funded transit systems to accept and dispense dollar coins by Januaryand to post signs indicating that they do so. Us coins george washington Presidential Dollar Error Coins. Edge-lettered coins date back to the s. Virgin Islandsand American Samoa. Honoring four U.