These particular pieces, often composed of a silver alloy, feature portraits of former chief executives of the United States. Their nominal value is one dollar, and they were initially intended for circulation, though many became collector’s items. An example includes those issued as part of a commemorative program honoring past leaders.
The significance of these items lies in their dual nature as both currency and historical artifacts. They serve as tangible reminders of the individuals who have shaped the nation’s history. Furthermore, the intrinsic metal value and artistic design appeal to numismatists, adding to their worth and preserving historical memory.