Earlier today, March 8, the U.S. Mint started selling the 38th Presidential $1 Coin. This release commemorates Gerald Ford who served as President of the United States from 1974 to 1977. Product options include rolls, bags and boxes of the dollars in circulating quality. (See photos of proof editions.)
The U.S. Mint started producing Presidential dollars in 2007 and has issued four every year since to honor deceased presidents in the order in which they served. Earlier this year, the Mint introduced the dollar featuring Richard Nixon, and coming later is the 2016 Ronald Reagan Presidential $1 Coin. That one, scheduled to launch in July, marks the end of the program.
Designs on Gerald Ford Presidential Dollars
The obverse or heads side of the new coin presents a likeness of President Ford by Phebe Hemphill. It was selected from among 4 candidates with the winning design unveiled on Dec. 4. Surrounding the portrait are inscriptions that read GERALD R. FORD, 38TH PRESIDENT, 1974-1977 and IN GOD WE TRUST.
All dollar reverses share Don Everhart’s rendition of the Statue of Liberty. They also have common edges, as described in the photo caption below.
Specifications for the coin include a manganese-brass composition of 88.5% copper, 6% zinc, 3.5% manganese and 2% nickel. Each weighs 8.1 grams, has a diameter of 26.49 mm, or 1.043 inches, and a thickness of 2.0 mm.
25-Coin Rolls, 100-Coin Bags and 250-Coin Boxes
Gerald Ford Presidential $1 Coins are available in six different product options. Each option is listed, along with its price, below in the chart.
|Presidential $1 Coin 25-Coin Roll – P||$32.95|
|Presidential $1 Coin 25-Coin Roll – D||$32.95|
|Presidential $1 Coin 100-Coin Bag – P||$111.95|
|Presidential $1 Coin 100-Coin Bag – D||$111.95|
|Presidential $1 Coin 250-Coin Box – P||$275.95|
|Presidential $1 Coin 250-Coin Box – D||$275.95|
These products feature packaging that includes the president’s name, the mint of origin and the total face value of the contents.
Ordering Presidential $1 Coins
Collectors who are interested in ordering dollars can do so by visiting the U.S. Mint’s online catalog, right here. Orders may also be placed by calling 1-800-USA-MINT (872-6468).
Collector demand will be the deciding factor for how many are produced, so there is no pre-announced product or ordering limits. The U.S. Mint has not yet published mintages for any of the 2016 dollars. Those from last year had mintage totals ranging from 8.4 million to 12.04 million.