Step 1 : Introduction to the question "Who is the only President to appear on U.S. currency while still alive?"
In 1866, Congress issued an act stating that no living person can be portrayed on American currency. Our Founding Fathers believed it was unpatriotic for living people’s likenesses to be placed on money in circulation. However, that law was broken in 1926 when Calvin Coolidge was featured on a commemorative coin to mark the 150th anniversary of American independence. To recognize the achievement, the Philadelphia Mint released a half dollar with Coolidge and George Washington on the front. It is perplexing how Coolidge skirted this law. Not only was he still alive, but he was still serving as President!
Step 2 : Answer to the question "Who is the only President to appear on U.S. currency while still alive?"
Calvin Coolidge:
In 1866, Congress issued an act stating that no living person can be portrayed on American currency. Our Founding Fathers believed it was unpatriotic for living people’s likenesses to be placed on money in circulation. However, that law was broken in 1926 when Calvin Coolidge was featured on a commemorative coin to mark the 150th anniversary of American independence. To recognize the achievement, the Philadelphia Mint released a half dollar with Coolidge and George Washington on the front. It is perplexing how Coolidge skirted this law. Not only was he still alive, but he was still serving as President!
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As I recall "currency" refers to paper money. Coins are known as "specie". But I have not collected coins for over 30 years and I am quite possible mistaken.
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