Native American $1 Coin

2011 Native American DollarThe United States Mint on Monday placed its 2011 Native American Dollar Rolls on sale for a price of $39.95, plus shipping and handling.

Available are rolls filled with either Philadelphia or Denver minted coins. Each 25-coin roll is wrapped with specially designed paper with the year and mint of origin printed in black font […]

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2011 Native American DollarThe United States Mint has rescheduled the launch ceremony for the 2011 Native American Dollar. The release will take place on March 25, 2011.

The $1 coin was first scheduled to launch on January 12, 2011,
at the Plimoth Plantation Henry Hornblower II Visitor Center in Plymouth, Massachusetts. Winter snowstorms forced its postponement […]

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2011 Native American Dollar DesignThe United States Mint this week announced that it would officially launch the 2011 Native American Dollar coin in a ceremony on January 12, 2011. The US Mint first revealed the new dollar coin design in late November.

The site selected for the 2001 launch is located at the Plimoth Plantation Henry Hornblower II Visitor Center in Plymouth, Massachusetts. The ceremony will be held at 10:30 AM ET […]

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2011 Native American DollarThe United States Mint on Friday pulled away the curtains and revealed next year’s 2011 Native American Dollar coin design.

The reverse design features a ceremonial passing of a peace pipe following the 1621 treaty between the Wampanoag tribe and European settlers at Plymouth Bay. The hands holding the peace pipe represents […]

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Military exchanges around America are beginning to promote the use of $1 coins in daily transactions, according to an announcement by the United States Mint. The four 2010 Presidential $1 dollar coins The Army and Air Force Exchange Service (AAFES) has kicked off an initiative at several retail stores to encourage and use Presidential and […]

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The United States Mint today officially launched the 2010 Native American $1 coin. The newly designed dollar debuted in a special ceremony at the Smithsonian Institution’s National Museum of the American Indian George Gustav Heye Center in New York City.   "The beautiful 2010 Native American $1 Coin reverse design honors the Iroquois Confederacy – […]

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The United States Mint today at noon ET began selling 2010 Native American Dollar Rolls for $35.95. Available are rolls filled with $1 coins struck from either Philadelphia or Denver. Each roll is "wrapped with specially designed yellow and black paper" and contains 25 coins. The Native American dollar features a new reverse theme each […]

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The United States Mint began the new year with the release of 2010 Native American $1 coins through its Direct Ship Program. The offering replaced the 2009 $1 rolls featuring the same Sacagawea obverse but with the older themed "Three Sisters" planting design on the reverse. The 2010 design features the new reverse theme, "Government […]

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US $1 CoinsOver 355 million Andrew Jackson, Martin Van Buren, William Henry Harrison, and John Tyler Presidential $1 Coins were distributed by the Federal Reserve Banks in the last accounting period, according to their annual report to Congress released earlier this year.

However, the Reserve indicates the amount is low compared to what they have on hand, and what is returned by banks.

As first reported by Paul Gilkes in the latest issue of Coin World, the Reserve Banks are accumulating a tremendous stockpile of the golden coins. In fact, the Board of Governors of the Federal Reserve System made the following statement:

 

"Current supplies represent enough $1 coins for the Reserve Banks to meet transactional demand for $1 coins for about ten years."

 

This buildup represents a 900% plus increase in inventory over what the Banks held at the introduction of the Presidential Dollars to the system. According to Fed records, 67 million dollar coins were in their control at the start of 2007. By the end of May of this year, an astonishing 691 million dollars were being held in limbo.

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The United States Mint is once again promoting its Direct Ship Program for the 2009 Native American $1 coins. These had been removed from the program several weeks ago, with an assumption by most that the 2010-dated $1 coins would be added in January. Under the program, the US Mint offers boxes of ten 25-coin […]

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