John Tyler Presidential Dollar Rolls
The US Mint will offer John Tyler Presidential Dollar Rolls starting on May 21, 2009 at 12:00 Noon ET. This will mark the second Presidential Dollar coin release for 2009.
The offering will include 25-coin rolls from either the Philadelphia or Denver Mints. The rolls will be priced at $35.95 each and come in custom US Mint wrappers.
The previous William Henry Harrison Presidential Dollar Rolls sold out after attain sales of 30,000 Philadelphia rolls and 30,000 Denver rolls. The sell out was unexpected since Presidential Dollar Rolls and Bags are still available at the US Mint for all prior Presidential Dollar coins from Thomas Jefferson to Martin Van Buren. All of the rolls still available for sale have all sold more units than the 30,000 allocated for each WHH Roll.
The recent trend has been for unexpected sell outs to result in secondary market prices which quickly ratchet higher. The William Henry Harrison US Mint Rolls are no exception. Some Philadelphia Mint rolls have sold for over $300, and Denver rolls have sold for over $100. Here are the current eBay auctions.
Although the John Tyler Dollar has not yet been released into circulation, the US Mint has already posted the final production figures for the coin. As might be expected, the overall mintage represents another new low for the series. The overall mintage is 87,080,000 coins with production divided at an even 43,540,000 each for the Philadelphia and Denver Mints. The previous low was held by the William Henry Harrison Dollar with an overall mintage of 98,420,000 divided at 43,260,000 at the Philadelphia Mint and 55,160,000 at the Denver Mint.
There will be an official launch ceremony for the John Tyler Presidential Dollar today, May 19 11:00 AM at Sherwood Forest Platation in Charles City County, Virginia. The ceremony takes place two days before the official release of the coins into circulation. Children in attendance will receive a newly minted coin, however there will be no coin exchange after the ceremony.