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United States Mint Presidential $1 Coin e-Newsletter, Issue 11 — May 2007

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Hi, Everyone hi.gif


Here is the current issue fresh from the US Mint!




United States Mint Presidential $1 Coin e-Newsletter, Issue 11 — May 2007





June 14 Deadline Approaches for Ordering Unmixed Quantities of the John Adams Presidential $1 Coin


We are near the end of the special ordering period for unmixed John Adams $1 Coins. If you have not been able to find these coins at your local financial institution, or if they have run out of them, there is still time for your institution to order them! Please let your bank, credit union, or thrift institution know that unmixed John Adams $1 Coins can still be acquired if orders are placed by June 14, 2007. (Institutions need to have an account with the Federal Reserve to order from the Fed.)


Orders for wrapped rolls of John Adams $1 Coins can be made by depository institutions using FedLine Web® or FedPhone®. The minimum order is $1,000. Financial institutions that use FedLine Web® and that wish to place the minimum order for a $1,000 box of wrapped coins, or institutions that want mixed or unmixed coins in $2,000 bags, should contact their local Federal Reserve Office to place a special order.


The John Adams $1 Coins are legal tender and can be used for commerce and collecting. All Presidential $1 Coins are designed to work in coin-operated machines that accept dollar coins, including parking meters and vending machines. Modeled after the United States Mint's successful 50 State Quarters® Program, the Presidential $1 Coin Program features systematically rotating designs of former United States Presidents. The John Adams $1 Coin marks the second of four Presidential $1 Coins to be released this year, along with George Washington (released February 15, 2007), Thomas Jefferson (to be introduced in August) and James Madison (to be introduced in November). Additional information about the Presidential $1 Coin Program is available at www.usmint.gov/$1coin.


United States Mint Introduces the New John Adams $1 Coin in His Hometown




To commemorate the first time that John Adams has been featured on a U.S. coin, Quincy, Massachusetts, the hometown of John Adams, was the location of a ceremony featuring Adams descendants and a John Adams "interpreter."


John Adams re-enactor Sam Goodyear shows off the design of the John Adams $1 Coin at the launch event.

United States Mint Director Edmund C. Moy, Quincy Mayor William J. Phelan, and Adams descendant Peter Boylston Adams lauded the accomplishments of President Adams as onlookers exchanged their bills and change for John Adams $1 Coins. John Adams re-enactor Sam Goodyear greeted school children.


"John Adams was a great patriot who helped draft the Declaration of Independence and served as Vice President and then President of our Nation in its early days," said Director Moy. "This new coin provides the opportunity to learn more about our second President and his fascinating life. With the John Adams Presidential $1 Coin, like the George Washington Presidential $1 Coin before it, Americans are discovering that using a dollar coin is more convenient in many transactions."


Nearly half a billion George Washington and John Adams $1 Coins have been ordered to date by the Federal Reserve. Public awareness of the new Presidential $1 Coins has tripled from approximately 15 percent to 20 percent in November 2006, when the designs for the coins were unveiled in Washington D.C., to approximately 60 percent in March 2007.


The United States Mint is offering financial institutions and retail businesses free informational materials. Students, teachers, parents and educational organizations can also gain access to lesson plans and other free educational tools.

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