Congress-authorized commemorative coins
The U.S. Mint says commemorative coins are authorized by Congress, are legal tender, and are made in limited quantities for limited periods.
Presidential medals
The Mint also produces medals that honor presidents and other subjects. Medals are distinct from circulating money and usually have no stated value.
Private presidential pieces
Private mints and merchants can create coin-like presidential souvenirs. These should be described and valued according to their actual issuer and materials.
Three questions to ask
- Who issued it?
- What material and denomination are stated?
- What documentation supports the claim?
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