Yesterday, September 10, 2014, the United States Mint began accepting orders for the 2014 Franklin D. Roosevelt Presidential $1 Coin Cover. This represented the 32nd release within the American Presidency $1 Coin Cover Series.
Following the format of the series, each cover contains two 2014 Franklin D. Roosevelt Presidential Dollars sourced from the first day of production at the Philadelphia and Denver Mint facilities. This occurred on March 5, 2014 at Philadelphia and on April 14, 2014 at Denver.
The two circulating quality $1 coins are mounted within an illustrated envelope bearing A Flag for All Seasons stamp with a postmark of September 10, 2014, Hyde Park, NY. This represents the location of the Home of Franklin D. Roosevelt National Historic Site, where the Presidential Library and Museum is also located.
Each cover is priced at $19.95. The product line is available through the US Mint’s Online Subscription Program. Orders placed through the program are eligible for a discounted price of $17.95 per cover.
The US Mint has established a product limit of 25,000 units for the Franklin D. Roosevelt Presidential $1 Coin Cover. This is higher than the 20,000 limit established for the other three releases of this year featuring Warren G. Harding, Calvin Coolidge, and Herbert Hoover.
For the initial years of the American Presidency $1 Coin Cover series from 2007 to 2008, the product limit was 50,000 units per release. The limit was lowered to 40,000 for the 2009 releases, then 32,000 for the 2010 releases (except for Abraham Lincoln at 37,000). The 2011 and 2012 releases had a limit of 22,000, followed by a limit of 20,000 for the 2013 and 2013 releases (except for Theodore Roosevelt at 22,000 and now Franklin D. Roosevelt at 25,000).
All of the covers going back to the 2009 William Henry Harrison release remain available for sale on the US Mint’s website with the sole exception of the Abraham Lincoln cover, which sold out near the maximum production level.