Today, August 28, 2014 at 12:00 Noon ET, the United States Mint will begin accepting orders for circulating quality 2014 Franklin D. Roosevelt Presidential Dollars in rolls, bags, and boxes. This represents the fourth and final release of the year and the 32nd overall release within the Presidential $1 Coin Program.
The obverse features a portrait of Franklin D. Roosevelt designed and engraved by Joseph Menna. Inscriptions include the President’s name, the motto “In God We Trust”, the order of the Presidency, and the dates served “1933-1945”. The reverse design features the rendition of the Statue of Liberty designed by Don Everhart which has been used in common throughout the series. Inscriptions include “United States of America” and the denomination of “$1”.
Incused edge inscriptions contain the date of issue “2014” along with the mint mark and motto “E Pluribus Unum”.
The obverse design matches the recommendation of the Citizens Coinage Advisory Committee, who felt that the design successfully captured the President’s personality. The Commission of Fine Arts had recommended an alternate candidate, which they felt carried the most recognizable image. Of the four designs selected for the series this year, this was the only instance when the CCAC and CFA had offered different recommendations.
Products available from the United States Mint include 25-coin rolls priced at $32.95 each, 100-coin bags priced at $111.95 each, and 250-coin boxes priced at $275.95 each. There are options available for circulating quality coins from either the Philadelphia or Denver Mint facility, with the coins carrying the “P” or “D” mint mark respectively. The paper wrappers or tags attached to the canvas bags contain the President’s name, the face value of the contents, and the mint mark.
There are no mintage or product limits established for these products. The Mint indicates that the products will be available for one year from the initial on-sale date or until inventory is depleted prior to the one-year time frame.
The Mint has indicated preliminary product totals for the 2014 Franklin D. Roosevelt Presidential Dollars at 3,920,000 coins at the Denver Mint and 4,760,000 coins at the Philadelphia Mint. Since 2012, Presidential Dollars have not been released for general circulation, but have only been available within numismatic products.
Other Coin Appearances
Franklin D. Roosevelt has appeared on other legal tender coins issued by the United States Mint.
The Roosevelt Dime was introduced in 1946, shortly following FDR’s death in 1945. The selection of the denomination was partly due to his efforts in founding the National Foundation for Infantile Paralysis later known as the March of Dimes. Production of the coins was rushed in early 1946 in order coincide with the organization’s annual fund raising event.
Designs were created by John R. Sinnock and feature a profile portrait of the President on the obverse and a lit torch flanked by an olive and oak branch on the reverse. The same designs have continued in use without significant modifications through the present day.
The 1997 Franklin D. Roosevelt $5 Gold Coin was issued to commemorate the public opening of the Franklin Delano Roosevelt Memorial in Washington, D.C. and honor President Roosevelt’s leadership and legacy.
The obverse design by T. James Ferrell features a depiction of the upper torso and head of the President, which was based on a photograph of him reviewing the U.S. Navy fleet in San Francisco Bay. The reverse features the Presidential Seal which was displayed at FDR’s 1933 inauguration. The reverse was designed by James Peed and modeled by Thomas D. Rogers, Sr.
From a maximum authorized mintage of 100,000 pieces, final sales reached 11,894 uncirculated coins and 29,474 proof coins.