2012 Native American $1 Coin Image Released

by CoinNews.net on February 7, 2012 · 7 comments

The United States Mint has published the image for the reverse of the 2012 Native American $1 Coin. Until now, only a line art design was available, and that was released back in November.

2012 Native American $1 Coin Image

U.S. Mint image of the 2012 Native American Dollar

As mandated by law and since 2009, the reverse of the dollars have changed annually to feature a unique design celebrating important contributions by Indian tribes and Native Americans.

This year’s Native American $1 Coin theme is "Trade Routes in the 17th Century." Depicted, and shown in the image above, is the 2012 dollar reverse portraying a Native American and horse in profile with three other horses running in the background, symbolizing the historical spread of the horse.

The obverse or heads side of the dollar has remained the same since the golden-colored coin was first released back in 2000. Created by Glenda Goodacre, it depicts a young Sacagawea who accompanied Lewis and Clark in their expedition from the East to the Pacific Coast of the United States.

A release date for the new dollar has not yet been announced by the U.S. Mint. Last year’s dollar was released early in the year, on January 12.

When the 2012 Native American $1 Coin is launched, the Mint will offer 25-coin rolls from either Philadelphia or Denver for $32.95. That is $7 less than the cost of the rolls from past years. Based on other Mint notices, the bureau is also expected to offer a $1 Five-Coin Set containing one 2012 Native American dollar and the four 2012 Presidential dollars. These four coins honor Chester Arthur, Grover Cleveland (first term), Benjamin Harrison, and Grover Cleveland (second term).

No dollar coins will be released into circulation in 2012 as in past years. Since so many of the coins now sit unused in Federal Reserve vaults, Treasury Secretary Geithner suspended their production for circulation, allowing the U.S. Mint to produce them only for collectors.

{ 7 comments… read them below or add one }

blah February 7, 2012 at 4:31 pm

A horse! My kingdom for a horse!

There are about a thousand US coins depicting a certain buffalo, but few that depict horses. This is a really great design. I might actually have to get some of those.

Robert Lara February 7, 2012 at 4:54 pm

I love the coin. It looks beautiful. This is the first time in many years that the U.S. mint strucks beautiful coins. I wish gold and silver could be stabilized so we could use gold and silver coins again. That was the real economy and the real money. Well I will rush to the bank as soon as possible and get that dollar.

george glazener February 7, 2012 at 6:49 pm

Don’t break the speed limit rushing to the bank. They’re not being released into circulation. You’ll have to “pony” up and buy ’em from the US MINT. And you’re right, it is a lovely design.

Zaz February 7, 2012 at 7:54 pm

It is a shame that just when the Native American reverses for the Sackies are getting good, they are being issued to collectors only, so the masses of the American public will never see this magnificent design. If they do run across it, they’ll probably think it’s the new steel clad Loonie.

RonnieBGood February 7, 2012 at 8:34 pm

Rushing to the bank…
Are we rushing when reading the article?

Arthur February 8, 2012 at 7:24 am

Maybe someone had Crazy horse in mind when engraving this particular coin.

Rusty Morris July 16, 2012 at 12:36 pm

Excuse me, but I think this is a bunch of, (pardon the pun) horse $hit that the mint loses money on all the collector coins they make and then the great one, Treasury Secretary Geithner decides not to release them to the public. Now you get to go to your local coin dealer and pay 2 to 5 dollars for a $1 coin. In this economy, I think this is a wonderful idea<lol. And then we will take more tax dollars to build more room to store all of these coins that they're making but not releasing. They have to make the coins, by law but now they're going to keep them. I wonder how many of the Feds and the President have stock in the coin companies that you can get these from at an enormous price increase. Our dollar is worth less and less but we get to pay 2 to 5 times what it is worth. I just love America. Too bad she doesn't love me back. Thank you Mr. President, Mr. Treasury secretary, and Congress for letting this happen. As Earl Pitts used to say "Wake up America"

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