Tomorrow, July 10, 2014 at 12:00 Noon ET, the United States Mint will begin accepting orders for the Herbert Hoover Presidential Dollar Coin Cover. This will represent the thirty-first issue within the ongoing American Presidency $1 Coin Cover Series.
The Herbert Hoover Presidential Dollar went on sale in rolls, bags, and boxes on June 19, 2014. As new issues within the series are no longer distributed to the channels of circulation, the coins are only available within the United States Mint’s numismatic products.
The obverse of the coin features a portrait of Herbert Hoover designed and engraved by Phebe Hemphill. The inscriptions include his name, the order of the Presidency, the dates served, and the motto “In God We Trust”. The reverse design features a rendition of the Statue of Liberty designed and engraved by Don Everhart with inscriptions “United States of America” and the denomination “$1”. The edge of each coin contains the date, mint mark, and motto “E Pluribus Unum”.
Each coin cover includes Herbert Hoover Dollars sourced from the first day of production at the Philadelphia and Denver Mint facilities. This occurred on February 19, 2014 and February 5, 2014, respectively. The coins are mounted on a display card placed within an illustrated envelope carrying a USPS stamp and the post mark of July 10, 2014, West Branch, IA. The postmark corresponds to the first day of availability for the product and the location of the Herbert Hoover National Historic Site.
The covers are priced at $19.95 with a discounted price of $17.95 available for orders fulfilled through the US Mint’s Online Subscription Program. There is a product limit of 20,000 units imposed.
The two coin covers previously released this year had also carried limits of 20,000 units each. As of the latest available sales report, orders have been received for 11,087 of the Warren G. Harding Coin Cover and 10,453 of the Calvin Coolidge Coin Cover.
Tomorrow, the Mint will also be releasing the Florence Harding First Spouse Gold Coin. Coverage of the product will be provided in a separate post.