Gerald Ford Dollars
1971–present half dollar (copper-nickel) The reverse only changed in 1975 and 1976 when the double dated coins showing 1776–1976 were minted to celebrate the U.S. 2015 Dollar (obverse), 3rd of four U.S. Presidents, issued in 2015. Benefits and Pensions Allowances for Former Presidents: FY 2000 - 2017 (Dollars in Thousands) President Total Allowances Received # of Years Allowances Received from FY 2000-2017 Average per Year Share of Total Outlays Gerald Ford $5,189 8 $649 8% Jimmy Carter $10,168 18 $565 16% Ronald Reagan $4,190 6 $698 6% George H.W. Bush $15,172 18 $843. The 2016 Gerald R. Ford dollar coins in circulated condition are only worth their face value of $1.00. These coins only sell for a premium in uncirculated condition. Both the 2016 P Gerald R. Ford dollar coin and 2016 D Gerald R. Ford dollar coin are each worth around $3 in uncirculated condition with an MS 65 grade.
Coin Description
Ford Coins
The Story
Gerald Rudolph Ford was born Leslie Lynch King Jr. on July 14, 1913, in Omaha, Nebraska. Following the separation and eventual divorce of his parents, his mother married Gerald R. Ford, a Grand Rapids paint salesman. His name was legally changed in 1935.
Ford graduated from the University of Michigan at Ann Arbor in 1935 and later Yale, where he earned a law degree while coaching the football team.
Following a stint in the U.S. Navy during World War II, Ford campaigned for the U.S. House of Representatives, serving from January 3, 1949 to December 6, 1973. He was appointed vice president in 1973, and almost a year later, he was thrust into the presidency when Richard Nixon resigned.
Gerald Ford Dollars
Highlights of Ford’s administration include:
- Initiating a program to grant clemency to Vietnam War-era draft evaders
- Launching the Whip Inflation Now (WIN) program, designed to curb inflation
- Signing the Federal Elections Campaign Act of 1974, an early attempt at campaign finance reform
- Granting Richard Nixon a full pardon, becoming the first sitting president to testify before a congressional committee to explain his action