Wednesday, February 24, 2021
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Tag: Presidential Dollars

US Mint Issues 2011 Presidential $1 Coin Uncirculated Set

US Mint 2011 Presidential $1 Coin Uncirculated SetThe United States Mint on Wednesday released the 2011 Presidential $1 Coin Uncirculated Set for a price of $19.95.

The 2011 uncirculated set marks the fifth issue in a series that dates back to 2007 when dollar coins honoring American Presidents were first circulated as a result of the United States Mint Presidential $1 Coin Program.

The Presidential $1 Coin Uncirculated Set is an annual United States Mint product that is popular with coin collectors, although it does not enjoy the level of interest as compared to other collector proof and uncirculated sets that have a longer history [...]

James Buchanan Presidential Dollars Launch, $25 Rolls on Sale

A new $1 coin launched into circulation today that honors James Buchanan, America's 15th commander-in-chief. The release was commemorated by the United States Mint as...

2010 Franklin Pierce Presidential Dollars Released, $25 Rolls on Sale

The United States Mint today pulled back the curtains to shine the spotlight on the latest American to be honored on a $1...

2010 Presidential $1 Coin Uncirculated Set Issued by U.S. Mint

The United States Mint on Tuesday at noon ET placed the 2010 Presidential $1 Coin Uncirculated Set on sale for $18.95. ...

2010 Millard Fillmore Presidential Dollars Released, $25 Rolls on Sale

The United States Mint today at noon ET shined the spotlight on the latest American to be honored on a $1 coin, President Millard...

2010 Presidential $1 Dollar Coin Proof Set Available

The United States Mint began selling the 2010 Presidential $1 Coin Proof Set on Thursday, February 11, 2010 at noon ET for...

2010 Millard Fillmore Presidential Dollar Launches Feb. 18

The United States Mint will send the Millard Fillmore Presidential $1 Coin into circulation on Feb. 18, 2010. On the same day the US Mint will ceremoniously unveil the new dollar at the Moravia Central School in Moravia, N.Y. at 10 AM ET.

Millard Fillmore Presidential Dollar Image
Millard Fillmore Presidential $1 Dollar Image - Click to Enlarge

Fillmore was born only five miles east of Moravia. He served as the 13th President of the United States from 1850-1853 after assuming the office when President Zachary Taylor passed away. These were tremulous times for the country which was already on the verge of a civil war, postponed by the Compromise of 1850. Fillmore is credited with the 1854 Treaty of Kanagawa effectively ending the isolationism of Japan.

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2010 Uncirculated Presidential $1 Dollar Images Showcase New Designs

The United States Mint has published images of the uncirculated 2010 Presidential $1 Coins which better highlight the newest issues to honor former American...

2010 Presidential Dollar Release Dates

The 2010 Presidential Dollar series represents the fourth year for the program which launched in 2007. Although the United States Mint website has...

US Dollar Coins Glut, Supply Far Exceeds Demand

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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