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Wednesday, November 18, 2009
Zachary Taylor Presidential Dollar Rolls
The Zachary Taylor Presidential Dollar Rolls will go on sale at the United States Mint on Thursday, November 19, 2009 at 12:00 Noon ET. This will represent the final release of the Presidential Dollar series for 2009.
Zachary Taylor was the 12th President of the United States who served for 16 months from 1849 to 1850. The obverse of the coin displays his portrait and the inscriptions "In God We Trust", "12th President", and "1849-1850". The reverse of the coin features the Statue of Liberty along with inscriptions "United States of America" and "$1". The date, mint mark and "E Pluribus Unum" are included as incuse edge lettering. Both the obverse and reverse of the coin were designed and sculpted by Don Everhart.
The US Mint's roll offering includes 25-coin rolls from either the Philadelphia Mint or the Denver Mint. The rolls are packaged in custom US Mint wrappers which indicate the President, mint of origin, and face value. The rolls are priced at $35.95 plus shipping and handling charges.
Previous 2009 Presidential Dollar Roll offerings have experienced mixed success. The William Henry Harrison Dollar Rolls sold out unexpectedly, after recording sales of 30,000 rolls for each mint. Secondary market prices jumped with the rolls still selling for prices in the $150 to $200 range. The following John Tyler Dollar Rolls also sold 30,000 rolls from each mint, but currently seem to be selling for below issue price.
The James K. Polk Dollar Rolls still remain available for sale at the US Mint. As of the latest weekly sales report, the US Mint has recorded sales of 36,954 of the Philadelphia rolls and 35,928 of the Denver rolls.
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