Today August 18, 2011 at 12:00 Noon ET, the United States Mint will begin sales of the Rutherford B. Hayes Presidential Dollar Rolls. This will be the 19th release in the ongoing Presidential $1 Coin Program.
The obverse of the coin features a portrait of the President, along with inscriptions indicating the order of the Presidency, the years of the term “1877-1881”, and the motto “In God We Trust”. The reverse carries a rendition of the Statue of Liberty with inscriptions “United States of America” and the denomination expressed as “$1”. The date, mint mark, and motto “E Pluribus Unum” are presented on incuse edge lettering. Both the obverse and reverse designs are by Don Everhart.
The United States Mint will offer 25-coin rolls from either the Philadelphia or Denver Mint facility. The circulating quality coins are packaged in wrappers that include the US Mint logo, mint mark, face value, and the name of the President. Each roll is priced at $39.95 each, plus applicable shipping and handling.
Presidential $1 Coin numismatic roll sales have showed a general decline over the course of the series. Sales for recent releases are nowhere near the levels experienced when the first design was released.
For the George Washington Presidential Dollar, past sales reports show that the US Mint sold 137,864 Philadelphia and 138,046 Denver rolls during the extended availability period, which lasted until February 2009. This was in addition to more than 8,000 250-coin bags, sold across both facilities. (The US Mint no longer offers numismatic 250-coin bags for the series.)
The recently sold out Franklin Pierce Presidential Dollar rolls sold 35,731 Philadelphia and 34,942 Denver rolls. There was an uptick in demand for Abraham Lincoln Presidential Dollar rolls, which also recently sold out. Last reported sales were 48,832 Philadelphia and 48,748 Denver rolls.