In hidden vaults across the country, the US government is building a stockpile of $1 coins. The hoard has topped $1.1bn - imagine a stack of coins reaching almost seven times higher than the International Space Station - and the piles have grown so large the US Federal Reserve is running out of storage space.
Americans won't use the coins, preferring $1 notes. But the US keeps minting them anyway, and the Fed estimates ...
Full Article: Why the US keeps minting coins people hate and won't use - BBC News
Beginning August 19, the Nation will see Presidential $1 coins bearing the image of James Buchanan, the Nation's 15th President.
To commemorate the release of the new coin, the United States Mint hosted a launch ceremony on the grounds of Wheatland, Buchanan's beloved home, in Lancaster, Pennsylvania.
"In a few short weeks, Americans will begin to see James Buchanan Presidential $1 Coins and will be reminded of his place in history," said United States Mint Deputy Director Andy Brunhart.
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The United States Mint will accept orders for rolls of James Buchanan Presidential $1 Coins starting noon Eastern Time (ET) August 19, at its online catalog, http://www.usmint.gov/catalog.
The rolls, priced at $35.95 each, contain 25 circulating quality coins that were struck on the main production floors of the United States Mint facilities at Philadelphia or Denver.
The coins are wrapped in specially designed packaging that displays the mint of origin (P or D), the face value of the contents ($25) and the United States Mint logo. [click to continue…]
The spotlight will be on James Buchanan August 19, when the United States Mint introduces the new Presidential $1 Coin struck in his honor.
Buchanan, also known as "Old Buck," was our Nation's 15th commander-in chief.
The launch ceremony will be held at 10 a.m. Eastern Time (ET) on the grounds of Wheatland, the former president's historic estate in Lancaster, PA. [click to continue…]
The 15th coin release in the United States Mint Presidential $1 Coin Program will go into circulation on August 19, 2010. The design on this Presidential $1 Coin honors James Buchanan, our Nation's 15th President.
The obverse or heads side of the James Buchanan Presidential $1 Coin, which will be released August 19, 2010. The dollar is the 15th in a series which began in 2007 to honor former Presidents of the United States. It was designed and sculpted by Phebe Hemphill.
The United States Mint will celebrate the coin's release with a ceremonial launch and coin exchange at Wheatland, the former President's home, in Lancaster, Pennsylvania on August 19. The ceremony will start at 10 a.m. Eastern Time. [click to continue…]
A 2009-P James K. Polk Presidential dollar with dropped "T" letter on the edge has been found by John Morris of Florida.
The inverted "T" from either the word TRUST or PRESIDENT is only the second example of a dropped letter on the edge of a Presidential dollar that has been sent in by Numismatic News readers since the inception of the Presidential dollar series in 2007.
A dropped letter” is a relatively rare error type with its origins in the common filled die error. When debris, (often referred to by error collectors as “mint goop” or “grease”), clog a die, it may...
Full Article: Dropped Letter Error on Polk $1 - NumisMaster
The United States Mint and the Army and Air Force Exchange Service (AAFES) are teaming up to encourage regular use of $1 coins in everyday cash transactions at military exchanges.
Retailers at Fort Sam Houston, Texas; Fort Huachuca, Arizona; and Fort Carson, Peterson Air Force Base and the Air Force Academy in Colorado have been selected by AAFES to participate in a $1 coin launch initiative to begin on July 4.
The goal of the initiative is to expand $1 coin usage to all 1,703 AAFES locations throughout the country. Exchanges are retail stores located on military bases and facilities that serve active duty and retired members of the Armed Forced and their families. [click to continue…]
Franklin Pierce Presidential $1 Coin Covers were issued by the United States Mint Thursday, July 1, 2010. The limited-edition product is the second released this year in the American Presidency $1 Coin Cover Series and the 14th since they began in 2007.
Franklin Pierce $1 Coin Cover
Each is priced at $15.95, which is $1 more than prior year issues. A maximum of 32,000 will be produced, which is 8,000 less than pre-2010 covers.
These covers include two Franklin Pierce Presidential dollars that were struck on the first day of minting and are mounted on a display card featuring a portrait of the President. One dollar is from the Mint’s Denver facility — struck on March 1, 2010 — and the other is from Philadelphia — produced on March 8, 2010...
Full Article: Franklin Pierce Presidential Dollar Coin Cover Issued - CoinNews.net
WASHINGTON - The United States Mint will begin accepting orders for the Franklin Pierce $1 Coin Cover at noon Eastern Time (ET) on July 1, 2010.
2010 Franklin Pierce $1 Coin Cover
The limited-edition coin cover, priced at $15.95, includes two circulating quality Franklin Pierce Presidential $1 Coins from the first day of mintage - March 8, 2010, for the United States Mint at Philadelphia, and March 1, 2010, for the United States Mint at Denver. [click to continue…]
