Friday, May 18, 2012

Presidential Coins

Andrew Johnson Presidential $1 Coin Debuts From US Mint

by World Mint Coins Staff on February 18, 2011 · 0 comments

in United States Coins

2011 Andrew Johnson Presidential $1 Coin (US Mint image)The United States Mint officially launched the 2011 Andrew Johnson Presidential $1 Coin yesterday, February 17, 2011.

Hosted by officials from both the the United States Mint and the National Park Service, the launch ceremony was held at the Andrew Johnson National Historic Site in Greeneville, Tennessee.  Following the ceremony, children aged 18 and under were given a free Andrew Johnson $1 Coin to mark their attendance at the event. Adults were offered the opportunity to exchange cash for rolls of the new strike.

"Beginning today, millions of Andrew Johnson Presidential $1 Coins will be released into circulation by Federal Reserve Banks across the Nation," said United States Mint Chief Counsel Daniel P. Shaver.  "During 2011, they will make their way into the hands and pockets of many Americans, connecting America through coins to Andrew Johnson and his Presidency." [click to continue…]

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2011 US Mint Uncirculated Coin Set (US Mint Image)Beginning at 12 Noon (Eastern Time) today, February 8, 2011, the US Mint began accepting orders for the 2011 United States Mint Uncirculated Coin Set®.

Many simply refer to this annual collection of coins as the "Mint Set" which was first issued in 1947. The sets have, for the most part, appeared annually ever since in one format or another including last year's 2010 Mint Set released in July of that year.

Included in the 2011 set are uncirculated examples of the circulating coinage of the United States of America. This includes coins struck at both facilities responsible for the circulating coinage of the US - the Mint's facility in Philadelphia and the Mint's facility in Denver. Both of these locations routinely produce the coinage used in everyday commerce.

However, for the sake of these sets, the Mint uses special presses and greater force than used on business strikes. It results in coins that are sharper with more intricately detailed design elements and a brilliant finish not seen on the circulation strikes. The Mint then takes these coins and places them in sealed blisters on a folder. [click to continue…]

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2011 Presidential $1 Coin Designs Released By US Mint

by World Mint Coins Staff on December 23, 2010 · 0 comments

in United States Coins

The United States Mint has released the designs for the upcoming 2011 strikes of its Presidential $1 Coin Program. These strikes will honor Andrew Johnson, Ulysses S. Grant, Rutherford B. Hayes and James Garfield.

Under the program, which began in 2007, the Mint is issuing four circulating coins annually each featuring a portrait of a former President of the United States on its obverse.  The coins are issued in the order in which the person served in office. Thus the first coin released in the program honored George Washington, the first President. Coins of the program will continue to be struck until at least the year 2016 at which time all of the currently deceased Presidents will have been featured on a coin.

2011 Andrew Johnson Presidential $1 Coin, obverse line-artThe seventeenth coin in the program not coincidentally honors the seventeenth President of the United States and is the Andrew Johnson Presidential $1 Coin. Shown on the obverse of the strike is a portrait of Johnson as completed by United States Mint Sculptor / Engraver Don Everhart which also includes the inscriptions of ANDREW JOHNSON, IN GOD WE TRUST, 17TH PRESIDENT and 1865-1869. Johnson assumed the presidency following the assassination of Abraham Lincoln. [click to continue…]

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2010 Lincoln Presidential $1 Coin Released

by World Mint Coins Staff on November 22, 2010 · 0 comments

in United States Coins

2010 Abraham Lincoln Presidential $1 CoinOn a ceremony held at President Lincoln's Cottage on the grounds of the Armed Forces Retirement Home in Washington, D.C. last week, the United States Mint officially launched the 2010 Abraham Lincoln Presidential $1 Coin.

Many believe the Lincoln Presidential Coin could be the most popular for collectors among all of the Presidential dollar strikes released to date. They attribute that belief to the fact that Lincoln is one of the most remembered former Presidents in the history of the United States.

His leadership during the American Civil War, the role it played in the Civil Rights of millions of Americans and his assassination within a few days of the end of the war all add to the aura surrounding his Presidency.  As such, the coins honoring him should be extremely collectible and sought after not only by numismatists, but by anyone with even a faint interest in the 16th President of the United States. [click to continue…]

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Abraham Lincoln Presidential $1 CoinThe US Mint has scheduled the official release ceremony for the 2010 Abraham Lincoln Presidential $1 Coin for  Friday, November 19, 2010. This is one day after the coins will be issued into circulation by the Federal Reserve Banks.

Plans call for the official function, which is open to the public,  to be held beginning at 10 AM (Eastern) at  President Lincoln's Cottage on the grounds of the Armed Forces Retirement Home in Washington, D.C.

Lincoln is said to have spent up to 25% of his time as President at the cottage which is located three miles from the White House.  There he made many decisions as related to the American Civil War and even drafted the Emancipation Proclamation at the site.

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It appears as if the United States Mint has finalized its Scheduled Products Listing for the remaining 2010 offerings due to be released yet this year. Whereas previously the Mint had a general timeline shown for some of the products, a specific date for their release is now given.

Perhaps most notable on the schedule is the release of the Abraham Lincoln $1 Presidential Coins. These strikes mark the fourth and final release of the series this year, but the 16th for the program as a whole which debuted in 2007. The US Mint strikes four new Presidential Coins annually that honor former Presidents of the United States and releases them in the same order as the individual served in office.

The Lincoln Coin could be the most sought after of the series to date owing to the large interest and following that Lincoln has. The new cent coins that appeared last year chronicling the life of Lincoln proved to be extremely popular and these dollar coins could continue that trend.

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James Buchanan $1 Coin Covers on Sale

by World Mint Coins Staff on October 3, 2010 · 0 comments

in United States Coins

The third 2010 issue of American Presidency $1 Coin Cover Series is now on sale. The U.S. Mint on Thursday, September 30, released the James Buchanan $1 Coin Cover for $15.95.

James Buchanan $1 Coin Cover

The collector cover continues the series which was introduced in 2007 with the rollout of the $1 coins honoring former United States Presidents. The coin cover includes two Buchanan Presidential $1 Coins struck on the day their production kicked off, June 1, 2010. [click to continue…]

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Buchanan's Liberty Gold CoinTwo themes dominate the US Mint's Product Schedule for September 2010, James Buchanan and the Grand Canyon. Together, the two encompass all of the products scheduled to be released during the month.

The James Buchanan products tend to deal mostly with the related First Spouse coins. Typically, this series honors the spouses of the former Presidents of the United States. However, as Buchanan (the 15th President) never married, the Spouse strikes contain his image on the reverse instead and are known as the Buchanan's Liberty Gold Coins. The name is derived from the fact that each contains an image of Liberty on their obverse.

The Buchanan Presidential Dollar honoring him was released back on August 19th, but the First Spouse Coins were only issued on September 2, 2010. Each of the Spouse Coins are struck from 1/2 ounce of 24-karat gold. They are available in either proof or uncirculated condition and currently are on sale for $779 for the proof and $766 for the uncirculated. This price may be adjusted weekly as the Mint links the precious metal coins to the average spot price of gold the previous week. [click to continue…]

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The United States Mint is in full Buchanan mode with two coins related to the former President of the United States either out or due to come out.

First, the James Buchanan $1 Coin Rolls were released by the US Mint recently on Thursday, August 19th, 2010. Buyers have their choice of a roll of 25 coins struck to circulation quality at either the US Mint's facility in Denver or a roll of 25 coins struck to circulation quality at the US Mint's facility in Philadelphia. Either choice is available for the price of $35.95, plus the Mint's standard handling charge of $4.95 per order.

Featured on the obverse (heads side) of the Buchanan $1 Coin is a portrait of the former President.  It was designed by United States Mint Sculptor / Engraver Phebe Hemphill.  The reverse (tails side) of the strike contains the standard design found on the reverse of all of the Presidential $1 coins - the Statue of Liberty.  It was the work of United States Mint Sculptor / Engraver Don Everhart. [click to continue…]

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James Buchanan Presidential $1 CoinThe US Mint will launch the James Buchanan Presidential $1 Coin on Thursday, August 19th, both into circulation as well as with an official launch ceremony.

Of course, the circulation of the coins will be handled by the Federal Reserve System and the local banks and not by the Mint. The Mint just strikes the coins and makes them available for the Federal Reserve to distribute as needed based on demand.

The official launch ceremony, however, is completed in conjunction with the Mint and will be held at at Wheatland, the former President's home, in Lancaster, Pennsylvania. The function will start at 10AM, Eastern Time. [click to continue…]

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