Today, the U.S. Mint announced the production of the new George W. Bush commemorative coin. The coin, celebrating the President's many achievements in office, will appear in decorative proof versions as well as in mass circulation.
The initial value of each coin is Pi dollars, although, like all US currency, this value will decrease substantially with time. In an unusual move for the US Mint, the coins will be legal tender only for citizens of the United States and Poland. Citizens of other countries will still be able to purchase US debt in larger denominations, like the new $1 Trillion bill, which was created especially for this purpose.
In an press release that accompanied the announcement, the Mint said it hoped the new "W" dollars would simplify and improve our monetary system. Said the statement, "We hope that these coins will do for our economy what the President has done in every area under his control."
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