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Since Congress created the United States Mint on April 2, 1792 the primary mission of the United States Mint is to produce an adequate volume of circulating coinage for the nation. As a self-funded agency, the United States Mint turns revenues beyond its operating expenses over to the General Fund of the Treasury.Other responsibilities, include: Maintaining physical custody and protection of the Nation's $100 billion of U.S. gold and silver assets, Manufacturing and selling platinum, gold, and silver bullion coins,Overseeing of production facilities in Denver, Philadelphia, San Francisco and West Point, as well as the U.S. Bullion Depository at Fort Knox, Kentucky.

Millard Fillmore Presidential $1 Coins Available February 18

On February 18, 2010, the United States Mint will release to the Federal Reserve Banks the first new Presidential $1 Coin of 2010, honoring former President Millard Fillmore. Beginning at noon Eastern Time (ET) the same day, the agency also will accept orders for rolls of Millard Fillmore Presidential $1 Coins at its online catalog, http://www.usmint.gov/catalog.

Each roll, priced at $35.95, contains 25 circulating quality $1 coins from either the United States Mint at Philadelphia or Denver. The coins are wrapped in specially designed packaging that displays the mint of origin (P or D), the face value of the contents ($25) and the genuine United States Mint logo.

Both the obverse (heads side) and the reverse (tails side) of the Millard Fillmore Presidential $1 Coin were designed and sculpted by United States Mint Sculptor-Engraver Don Everhart. The obverse design features Fillmore’s dramatic portrait and the inscriptions MILLARD FILLMORE, IN GOD WE TRUST, 13TH PRESIDENT and 1850-1853. The reverse design-common to all Presidential $1 Coins-features a striking rendition of the Statue of Liberty, the coin’s face value and the inscription UNITED STATES OF AMERICA. The inscriptions 2010, E PLURIBUS UNUM and the mint of origin are incused on the coin’s edge.

Customers also may order the Millard Fillmore Presidential $1 Coins by calling 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers may call 1-888-321-MINT (6468). A shipping and handling fee of $4.95 will be added to all domestic orders. As an added convenience, customers may also sign up for the Presidential $1 Coin Two-Roll Set Subscription to receive future rolls of the coins as they are released. Visit http://www.usmint.gov/catalog for more information about this convenient ordering method.

Millard Fillmore was born in a log cabin on January 7, 1800, in Locke (now Summerhill), New York. After studying with a county judge, he began to practice law in 1823. In 1828, Fillmore entered politics, serving as a New York state assemblyman and later in the U.S. House of Representatives, where he chaired the powerful Committee on Ways and Means. While comptroller of New York, he was elected to serve as President Zachary Taylor’s vice president in 1848. Upon Taylor’s death in July 1850, Fillmore became President. After two unsuccessful bids for election to the presidency in his own right, Fillmore retired to Buffalo, New York, where he died on March 8, 1874. (more…)

US Mint 2010 Presidential $1 Coin Proof Set™ Available February 11

The United States Mint announced today that it will begin accepting orders for its 2010 Presidential $1 Coin Proof Set on February 11, 2010, at noon Eastern Time.

The set contains four proof versions of the circulating Presidential $1 Coins scheduled to be released this year, bearing the portraits of Millard Fillmore, Franklin Pierce, James Buchanan and Abraham Lincoln. Each coin has a common reverse design featuring a striking rendition of the Statue of Liberty.

The term “proof” refers to a manufacturing process in which specially treated coin blanks are struck multiple times with specially polished dies to create a brilliant, sharp relief and mirror-like background. A frosted, sculpted foreground gives the proof coin a special “cameo” effect. The “S” mint mark, representing production at the United States Mint at San Francisco, is inscribed on the edge of each coin.

The 2010 United States Mint Presidential $1 Coin Proof Set is priced at $15.95 each. Customers may place their orders at the United States Mint’s Web site, http://www.usmint.gov/catalog, or at the toll-free number, 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT (6468). A shipping and handling charge of $4.95 per order will be added to all domestic orders. There is no household order limit for this product. (more…)

2010 Native American $1 Coin Rolls Available January 22

nat_amer_dollarThe United States Mint will open sales for rolls of 2010 Native American $1 Coins at noon Eastern Time (ET) on January 22, 2010. The 25-coin rolls, priced at $35.95 each, contain circulating quality Native American $1 Coins from the United States Mint facilities at Philadelphia or Denver. The coins are presented in distinctive numismatic packaging bearing the genuine United States Mint logo, the year 2010, the mint mark of origin (“P” or “D”) and the dollar value of its contents.

The theme for the 2010 Native American $1 Coin is “Government-the Great Tree of Peace.” The coin’s reverse (tails side) design features an image of the Hiawatha Belt with five arrows bound together, along with the inscriptions UNITED STATES OF AMERICA, $1, HAUDENOSAUNEE and GREAT LAW OF PEACE. “Haudenosaunee” is also known as the Iroquois Confederacy. The obverse (heads side) design continues to bear the familiar image of Sacagawea, introduced in 2000. The design includes the inscriptions LIBERTY and IN GOD WE TRUST. Like the Presidential $1 Coins, the Native American $1 Coins display the year, mint mark and inscription E PLURIBUS UNUM on the coin’s distinctive edge.

The United States Mint is also offering rolls of 2010 Native American $1 Coins via its Direct Ship Program in quantities of 10 rolls a box priced at $250 per box. There is a limit of 20 boxes per household. For additional information, visit http://www.usmint.gov/catalog.

The Native American $1 Coin Act of 2008
(Public Law 110-82) authorizes the United States Mint to mint and issue $1 coins featuring designs celebrating the important contributions of Indian tribes and individual Native Americans to the history and development of the United States.

The United States Mint, created by Congress in 1792, is the Nation’s sole manufacturer of legal tender coinage. Its primary mission is to produce an adequate volume of circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.

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