Thursday, March 20, 2014

2014 Native American Dollar Rolls, Bags, and Boxes

2014 Native American DollarToday, March 20, 2014 at 12:00 Noon ET, the United States Mint will begin sales of circulating quality 2014 Native American Dollars struck at the Philadelphia and Denver facilities. These will be availa
The theme for the 2014 Native American Dollar is native hospitality which ensured the success of the Lewis and Clark expedition. The reverse design by Chris Costello carries a depiction of a Native American man offering his pipe, while his wife offers provisions of fish, corn, roots, and gourds. The background contains a stylized image of the face of William Clark’s compass highlighting “NW” signifying the Corps of Discovery’s journey through the Northwest.
The reverse design was selected from a field of seven original candidates prepared by the US Mint. The various groups tasked with reviewing the candidates had offered recommendations for five of the designs, not doing much to narrow the field. In an unofficial poll, Mint News Blog readers had preferred an alternate design representing the relationship between the  Nez Perce and Lewis and Clark through the offer of horses. Ultimately, the design shown above was selected under the authority of the Secretary of the Treasury.
The obverse of the coin will feature the Glenna Goodacre portrait of Sacagawea and child which has been used in common throughout the series as well as for the preceding Sacagawea Dollar series.
The circulating quality 2014 Native American Dollars will be offered across six different product options. This includes 25-coin rolls from either the Philadelphia or Denver Mint priced at $32.95 each, 100-coin bags from either mint priced at $111.95 each, and 250-coin boxes from either mint priced at $275.95 each. The price levels for the products remain unchanged from the prior year. A previously available 500-coin box option has been discontinued.
All products come in US Mint branded packaging with wrappers or tags which indicate the date, face value, and mint mark of the contents.
The latest coin production statistics for the 2014 Native American Dollars indicate that the US Mint has struck 5.6 million pieces at the Denver Mint and 3.08 million pieces at the Philadelphia Mint. Interestingly, these figures are higher than the final production levels for the 2013 Native American Dollars, which saw 1.82 million.ble in either rolls, bags, or boxes, priced at a premium to face value.
PRAVEEN SHARMA
PGDM IST 
SOURCE -MINT

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