Rolls of 2011 Native American $1 Coins went off sale Thursday, April 29, 2012 when on the same day the United States Mint released rolls and boxes containing this year’s Native American Dollar which features a new design.
Pulling older dated products when newer ones are released is a common, but not always-followed occurrence at the United States Mint. The 2011 dollars were issued last year on March 28 for $39.95.
The latest U.S. Mint published sales figures as of April 23, 2012 had 2011 Native American $1 coin rolls from Philadelphia at 23,262 and those from Denver at 22,810 for a combined total of 46,072. (Keep tuned to this article for any updated figures.)
The interest level for the rolls was down significantly compared to the 2010-dated offerings. For reference, a breakout of sales between both years follows.
Native American $1 Coin Rolls |
||||
Old Sales |
Latest Sales |
Weekly Increase |
Sales Total | |
2011-dated 25-coin roll set (P) | 23,177 | 23,262 | 85 | 46,072 |
2011-dated 25-coin roll set (D) | 22,739 | 22,810 | 71 | |
2010-dated 25-coin roll set (P) | 39,130 | 39,130 | 0 | 78,009 |
2010-dated 25-coin roll set (D) | 38,879 | 38,879 | 0 |
What should help U.S. Mint sales for this year’s dollar is its more interesting and detailed design theme, the cheaper prices for rolls (down $7 to $32.95), the addition of box product options and the fact that the coins will not be released into circulation and available through other less expensive channels, such as local banks. The first batch of new sales data will be available mid-week and published in the weekly CoinNews.net article about U.S. Mint product sales.
Last year’s dollar design depicts the hands of the Supreme Sachem Ousamequin Massasoit and Governor John Carver, symbolically offering the ceremonial peace pipe. This year’s design features a Native American and horse in profile with horses running in the background, representing the historical spread of the horse. Since 2009, the reverse of the dollars have shown a different annual design to celebrate the contributions made by Indian tribes and individual Native Americans to the U.S.