Tomorrow, May 1, 2014 at 12:00 Noon ET, the United States Mint will begin sales of the 2014 Calvin Coolidge Presidential $1 Coin Cover. This will represent the 30th release within the ongoing American Presidency $1 Coin Cover series.
Each cover includes two Calvin Coolidge Presidential Dollars sourced from the first day of production at the Philadelphia and Denver Mints. This occurred on January 21, 2014 at Philadelphia and on February 19, 2014 at Denver. The coins are mounted on a display card within an illustrated envelope carrying a USPS A Flag For All Seasons stamp, which is postmarked May 1, 2014, Plymouth, VT. The date represents the first day of availability for the product and the location is the site of the Coolidge Homestead, the childhood home of the thirtieth President.
Each cover is priced at $19.95 plus applicable shipping and handling. Orders fulfilled through the US Mint’s Online Subscription Program are eligible for the discounted price of $17.95 each. There is a product limit of 20,000 units imposed.
The previous Presidential $1 Coin cover featuring Warren G. Harding has reached sales of 10,402 since its release on February 27. The previously released covers for all Presidents from William Henry Harrison onwards (with the exception of Abraham Lincoln) remain available for sale on the US Mint’s website.
Higher Mintage Limit for Next ATB 5 oz Silver Coin
The United States Mint has set a higher mintage limit for the next America the Beautiful Five Ounce Silver Uncirculated Coin. The release featuring Shenandoah National Park scheduled to go on sale May 15, 2014, will have a mintage limit of 30,000 units compared to 25,000 units for the prior release.
The increase in mintage is likely motivated by the strong sales for the prior Great Smoky Mountains National Park release. As of the latest sales report posted today, orders have already been received for 23,495 units from the 25,000 mintage after three weeks of sales.
There have been several adjustments to the maximum mintage levels for the ATB Five Ounce Silver Uncirculated Coins as the Mint reacted to fluctuations in collector interest.
The initial 2010-dated releases carried a maximum mintage of 27,000 per design with an ordering limit of only one per household. Each of these issues would reach a sell out amidst strong collector demand.
The 2011-dated designs carried the higher mintage of 35,000 pieces each. Some of the initial enthusiasm for the series had dissipated and sales were much slower. Most of the issues remained available until the end of 2012 when sales concluded at levels well below the maximum.
For the 2012 and 2013-dated issues, the maximum was reduced to 25,000 pieces each, however the US Mint did not produce the coins to the full extent of the maximum mintage. Each of the coins sold out, sometimes quickly, at levels below the maximum.
The final sales figures for each prior release can be found in this previous post.