Today, June 18, 2015 at 12:00 Noon ET, the United States Mint will open sales for products containing circulating quality 2015 John F. Kennedy Presidential Dollars. This will represent the third release of this year and the thirty-fifth release overall for the Presidential $1 Coin Program.
The obverse design of the coin features a portrait of President John F. Kennedy in a downward looking pose, intended to be reminiscent of his official White House portrait. The inscriptions read “John F. Kennedy”, “In God We Trust”, “35th President”, and “1961-1963”.
The reverse design of the coin features the rendition of the Statue of Liberty that has been used throughout the series in common. The inscriptions read “United States of America” and “$1”.
Both the obverse and reverse of the coin were designed and engraved by Don Everhart. Incused edge lettering on the coins includes the motto “E Pluribus Unum”, the date, and mint mark.
Within the design selection phase, the Citizens Coinage Advisory Committee had recommended the selected obverse design, although some members had pointed out potential issues. The CFA did not offer a recommendation from the provided candidates, with some members commenting that the design with the downward pose would not be successful as a coin design and placed excessive emphasis on the top of the head. Coverage of the CCAC and CFA reviews can be found here and here.
The products available today contain circulating quality examples of the 2015 John F. Kennedy Presidential Dollar from either the Philadelphia or Denver Mint facilities in either 25-coin rolls priced at $32.95 each, 100-coin bags priced at $111.95 each, or 250-coin boxes priced at $275.95 each. All products feature packaging which contains the name of the President, the face value of the contents, and the mint mark. For this release, the US Mint has consolidated all product options on a single product page, which can be found here.
In all likelihood, the John F. Kennedy Presidential Dollars will see higher demand due to the President Kennedy’s popularity. This factor is often cited as one of the reasons for the decline of the half dollar denomination, since people tended to save rather than spend the coins after the design change in 1964.
Based on the figures released earlier this month, the preliminary production for the Kennedy Presidential Dollar is 4.2 million pieces at Denver and 6.16 million pieces at Philadelphia for a total of 10.36 million pieces.