US Mint Launches First Product for 2010 – Native American Dollar

2010 Native American $1 CoinThe US Mint has released its first offering of the year with the 2010 Native American $1 Coin.

These circulating quality issues first appeared in 2000 as the Sacagawea Dollar, so named because the famous Native American heroine is featured on the obverse with a flying eagle on the reverse.

The line-up changed slightly last year when Congress mandated a new reverse image annually that celebrates 'the important contributions made by Indian tribes and individual Native Americans to the development of the United States and the history of the United States."

The 2009 version showed a Native American woman planting seeds symbolizing the "Three Sisters" method of planting introduced by indian tribes centuries ago. The 2010 Native American $1 coin shows five arrows bound together inside a Hiawatha Belt representing the Iroquois Confederacy, a political and diplomatic structure created by tribes in the New York area in the 16th century.

Demand by the public for dollar coins has not been significant and as a step to improve availability and increase their circulation, the US Mint launched $1 Coin Direct Ship Rolls Program. Under the program, the Mint sells $1 coins, wrapped in rolls of 25 in 10-roll boxes for $250. This is a face value purchase with no surcharge added to their cost. In fact, the Mint does not even charge for standard shipping.

For more information on the 2010 Native American $1 Coin, click on the image above.

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