Today, March 19, 2013, the William McKinley Presidential $1 Coin Cover went on sale at the United States Mint for $19.95.
The U.S. Mint launched the coin cover exactly one month following the release of the McKinley dollars in rolls, bags, and boxes.
Key features of the cover are the two William McKinley Presidential dollars, one from Denver and the other from Philadelphia, which are mounted on a display card. Each dollar was set aside for the coin cover from the first day of production. Per the records, the U.S. Mint struck the Denver coin on October 3, 2012 and struck the Philadelphia coin on December 11, 2012.
Completing the package is a portrait of President McKinley, a U.S. Four Flags (Forever®) postage stamp and a postmark of March 19, 2013, Cincinnati, OH to mark the cover’s release date.
Sales Expectations
Product sales for this 25th issue in the American Presidency $1 Coin Cover Series is limited to 20,000 units or one year of availability, depending on which term is first met. As for household ordering limits, there are none.
These coin covers have a dedicated buying base. Based on the first week of sales for the last one honoring Grover Cleveland’s second term, which launched last December, some 11,000 covers for McKinley are expected to sell immediately. Cleveland’s coin cover started with 11,481 orders and before then the Benjamin Harrison coin cover began with 11,658.
One reason for a sales debut in the tens of thousands is that the American Presidency $1 Coin Cover Series has been a part of the bureau’s Online Subscription Program for several years. The program allows coin collectors to receive products as soon as they come out without having to order each time. A current credit card is required though to ensure uninterrupted delivery.
William McKinley Dollar Coin Designs
While Presidential $1 Coins are no longer released into circulation via the banking system, they remain legal tender coinage. As such, their artwork follows the same pattern within this denomination.
On the obverse of 2013 William McKinley Presidential $1 Coins is a portrait of his likeness, designed and engraved by current U.S. Mint Sculptor-Engraver Phebe Hemphill. Inscriptions include "WILLIAM McKINLEY," "IN GOD WE TRUST," "25th PRESIDENT" and "1897-1901."
Like all reverses on the Presidential dollars, the McKinley coin features Don Everhart’s majestic rendition of the Statue of Liberty. Inscriptions are "$1" and "UNITED STATES OF AMERICA."
Edge-incused letterings read "E PLURIBUS UNUM" and "2013" for the year of mintage. The mint mark, "D" for Denver or "P" for Philadelphia, is also found inscribed on the edge of the coin.
Coin Cover Ordering Details
Orders for William McKinley Presidential $1 Coin Covers and many prior issues may be placed online at this:
United States Mint Product page
Phoned in orders are also accepted via the Mint’s toll-free number, 1-800-USA-MINT (872-6468). Hearing and speech-impaired customers may order by calling 1-888-321-MINT (6468).
The U.S. Mint assesses shipping and handling of $4.95 to all domestic orders.
Buyers who are also interested in McKinley coin rolls, bags and boxes can still order them directly from the United States Mint too. The special Mint-wrapped $25 rolls containing either Denver or Philadelphia strikes have a price of $32.95, and 100-coin bags are $111.95. Boxes with 250 coins are $275.95 while the 500-coin box is $550.95. Extra shipping and handling fees apply to the boxes.
About President William McKinley
To become the 25th President of the United States, McKinley first served in the U.S. House of Representatives for Ohio and later gained more recognition as governor of the state. By the time the 1896 Republican Convention rolled around, McKinley was a household name. He won the largest majority of popular votes since 1872.
His first term was dominated by foreign affairs. Shortly after his second term started, he was shot on September 6, 1901 by an anarchist at the Buffalo Pan-American Exposition. He died eight days later with Theodore Roosevelt resultantly becoming the 26th U.S. President on September 14, 1901. Dollars featuring Roosevelt will debut on April 11, 2013.
