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.
Labels: Bags and Rolls, Presidential Dollars
posted by Mint News Blog @ 11:58 AM
20 Comments:
Thanks for the post Michael.
Unfortunately, the cheesy presidential dollars might be all I can afford these days.
I'm just curious, I have been saving these presidential dollars from the start. I have a trading partner on the west coast so I have the complete series in P and d mints and was wondering what they would be worth as a complete business strike set when the series is over. It seems like no one is interested in these at all but I am determined to finish what I started....Am I wasting my time? Any guesstimates on what a complete series would be worth?
I would guess about $90 ;)
I doubt as many people will be buying these Taylor rolls from the Mint, since Tyler was pretty much a loser, and Polk was a joke. I'm still suffering third degree burns from the previous two, so I WON'T be buying any Taylors.
That being said, the Mint will probably cut him off at only 10,000 rolls for each Mint, and they will be worth $400 on the secondary market!
Oh, thank you gracious Mint for those brass Zachary Taylor Rolls. Thank you, thank you, and thank you again. Its nothing less than a little taste of heaven on earth. Oh, no, I may faint from excess joy. Hallelujah, ohhhhh, hallelujah.
John, November 18, 2009 3:23 PM:
Any guesstimates on what a complete series would be worth?
Would you like that estimate to be based on today's dollars, or adjusted for inflation over the anticipated life of the series?
Also, when you say, "complete set," are you talking about all 36 coins issued each year (four coins each [positions A and B in both uncirculated and satin finish] for the P and D mints, plus one proof, for each of the four presidents issued in each year)?
If so, then face value would be about $360.00. I can't say what that will come to in inflation-adjusted terms, but my guess is there will be a lot of inflation in the next 10 years, which is what the coin was designed for.
I looked at the Harrison rolls on EBay today. They're getting a couple hundred for the US Mint wrappers, yet if it's a shotgun roll the price is not much over face value. I don't get it.
Jim L.
Jim,
It's a classic example of how PACKAGING dictates value. The coins themselves are no different or any better than those that come out of NF String rolls.
I've heard people say that they sometimes bought those Mint rolls to open up and look for BU specimens fit for grading. They thought the coins in them were supposed to be of higher quality. No one was expecting a quick sellout of the Harrison Mint rolls. It turns out that those two situations made for a lethal combination.
Tyler had the exact same number of rolls in Mint paper as Harrison, but everyone was expecting the sellout this time. Hence, no one opened them. Thus, probably almost the entire supply of Tyler rolls still exist in their Mint paper, unlike Harrison.
Poor Polk will probably be doomed forever. Tyler may wake up a little someday, but who knows.
If anyone has seen the recent ability to buy from the mint a minimum of 10 rolls at face value of many of the presidential coins with free shipping.It will be of no surprise to me to see the Harrisons reappear in the same way.The US Mint has proven time and time again that they will stop at nothing to ruin the thought that low population or low mintage will play a roll in coin prices on the aftermarket.These batting cage tokens are extremely vulnerable to being the type of coin that does not age well.They spot and corrode very quickly and easily.They must be kept in a controlled environment to keep this from happening.Although they are a very cheap way of collecting.They also lack a beauty and quality that many numismatic coins have.You get what you pay for.Buying them at face value is trading dollar for dollar.And we all know where the dollar is heading.So maybe the thought that they would be worth more then a dollar or even hold the value of a dollar is worth the cost.I just think I like the looks of gold and silver better.I don't see anyone rushing to see how much Manganese metal has risen over the years.Do you?
Thanks for the great comments on this. Well, I guess the only way to justify the WH Harrison US Mint Roll pricing is in the packaging for those collecting a complete set of Presidents in Mint wrappers. To think though that that variant is more valuable than a individual WHH coin is mind blowing to me.
Jim L.
The winning bid on the bay for a 2008 w 1/4 gold eagle $925!!
The Mint continues acting like the Grinch out to steal Christmas:
"2009 Louis Braille Bicentennial Silver Dollar products must be issued by December 31st. In order to meet these requirements, the United States Mint is only accepting orders for these products until December 11th at 5:00 p.m."
So hurry up folks, the Mint want's to put the squeeze on you for a product that's collecting dust in the fullfilment bins. Only trouble is that no one cares, or want's these to begin with.
Who knows, the Braille Education Set might develop a modest premium in a few years, since it appears likely that only 10,000 or less sets will be sold.
As always, PACKAGING is key. And the package for that set IS kind of cool.
"So hurry up folks, the Mint want's to put the squeeze on you for a product that's collecting dust in the fullfilment bins."
Hmm. 1,807 Proofs, 822 Unc., and nearly 800 sets. That's just last week's sales! The dust is flying at the mint. To each his own.
As it stands now there will be at least 38 presidential dollars and that number will increase if Carter passes away to 40 because Reagan is deceased. Carter and Bush are both 85 and 2016 is still 7 years away so it is possible the number could increase to 41 presidential dollars. But assuming it stays at 38. My collection would have 76 business strike dollars in it. Any guesses on what that set would be worth in 2016.
Mint schedule has been updates with regards to upcoming products! No platinum though.
The mint may be too busy cranking out those Zachary rolls to make platinums. Look for the platinum design on leftover Zach blanks. Oooooh, Aaaaah.
No thanks!
The President Taylor coin looks like a Muppet!!!
John wrote, "My collection would have 76 business strike dollars in it. Any guesses on what that set would be worth in 2016."
Sorry to disappoint you, John, but that set will be worth right around $76. Remember, these business strikes were intended to be regular circulating dollars to replace the paper dollar. (Of course, that intent failed because as long as paper dollars are available, people will prefer those to the much heavier and inconvenient coins.) They pretty much have no value beyond face value. There may be some slight premium for having put one of each together in a set but there are so many of each available that any such premium will be small indeed. It is kind of like saving state quarters from general circulation coins. You can put all 50 states together over time and have $12.50 worth of quarters at the end.
This is not to discourage you from completing your set. At the end, you will have the satisfaction of the accomplishment and you will have something to show to kids interested in learning the sequence of the presidents. I remember as a kid, memorizing the order of the presidents. With your Presidential coin set, you will have a concrete example of this. In the end, it is worth the $76 in face value plus the value of the satisfaction of having completed a collection and whatever value you may derive from having something to share with kids and others.
That's my opinion anyway for whatever that's worth.
Well said, Limalo.
And John, you're not wasting your time if building the set gives you enjoyment.
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