Any who is no longer alive at the time the coin is scheduled for striking. At this point that encompasses every president except Carter, Clinton, Bush I and Bush 2.
Remember, the coins are only "golden", not real gold.
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Eisenhower was the first president on a dollar coin from 1971 to 1978. From 2007 to 2011, the first 20 presidents are depicted on the dollar coins.
George Washington is on the US Dollar bill, the dollar coin has different presidents.
Sacagawea is placed on the gold dollar
Jackson and Grant.
George Washington