American Presidency $1 Coin Cover Series Sales Robust, but Down

April 21, 2012

in Presidential Dollars, US Mint Sales

Chester Arthur Presidential $1 Coin Cover

Many collectors are fond of the American Presidency $1 Coin Cover Series which features two circulating Presidential dollars from the first day of their production — one from the United States Mint facility in Denver and the other from the United States Mint facility in Philadelphia.

Introduced in 2007 along with the release of the first Presidential $1 Coin honoring George Washington, the series is one of the Mint’s more attractive products as the two dollars are mounted on a display card with a portrait of the current President being honored. These cards also feature a postage stamp with a postmark of when the coins were first released into circulation, or in the case of the 2012-dated issues and beyond, the day the coin cover is intended to be issued by the United States Mint.

A unique aspect of the American Presidency $1 Coin Cover Series is its long sales period for each release. As of this writing, collectors may still purchase covers released in 2009. Most United States Mint products go off sale within a year.

Most recently issued was the $1 coin cover celebrating Chester Arthur, the 21st President of the United States. It launched on April 5, 2012 for a price of $19.95. Debut one-week sales reported by the Mint totaled 13,562. It was the second best numismatic seller, right behind the extremely, world-wide popular 2012 Proof Silver Eagles which logged sales of 299,539 during a five-day time period. Sales of Arthur Coin Covers were slightly lower than past issues, but still solid. How all the covers have performed or are performing may be found in the following grid:

Sales Figures for American Presidency $1 Coin Cover Series
$1 Coin Cover Sales Announced Limits
2007 George Washington 50,000 50,000
2007 John Adams 48,490 50,000
2007 Thomas Jefferson 49,036 50,000
2007 James Madison 44,466 50,000
2008 James Monroe 36,138 50,000
2008 John Quincy Adams 31,492 50,000
2008 Andrew Jackson 29,290 50,000
2008 Martin Van Buren 25,476 50,000
2009 William Henry Harrison 30,027 40,000
2009 John Tyler 26,742 40,000
2009 James K. Polk 24,988 40,000
2009 Zachary Taylor 23,946 40,000
2010 Millard Fillmore 22,789 32,000
2010 Franklin Pierce 21,183 32,000
2010 James Buchanan 19,913 32,000
2010 Abraham Lincoln 33,367 37,000
2011 Andrew Johnson 18,240 22,000
2011 Ulysses S. Grant 18,269 22,000
2011 Rutherford B. Hayes 16,186 22,000
2011 James Garfield 14,910 22,000
2012 Chester Arthur 13,562 22,000

 

The above sales figures are current as of April 16, 2012.

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