2nd Pres. Coin Update From The Mint

The John Adams $1 Coin Makes Its Debut: Coin Release on May 17 and Launch Event on May 22


On May 17, 2007, the John Adams $1 Coin, the second in the Presidential $1 Coin Series, will be available to the public. So remember to communicate with your financial institutions about your interest in getting unmixed rolls or bags of the John Adams $1 Coin.


On May 22, there will be a John Adams $1 Coin Launch event in downtown Quincy, Massachusetts. There will be a Coin Exchange from 7:30 am - 11:00 am, and a official ceremony with the Director of the United States Mint, Edmund C. Moy, and other dignitaries at 9:30 am. A variety of other activities, including local vendors selling various goods featuring $1 coin promotions, will also gain media attention. So if you are in the greater Boston/Quincy area, plan to attend this historic event! We will release more details as they become avaialble.



Ordering Period for Unmixed Quantities of the John Adams $1 Coin Starts May 3rd

If you want to ensure that your local financial institution has unmixed quantities of the upcoming John Adams $1 Coin, please let your bank, credit union, or thrift institution know that unmixed John Adams $1 Coins can be acquired if orders are placed between May 3rd - June 14th of 2007. (Institutions need to have an account with the Federal Reserve to order from the Fed. If you do not have a direct account with the Fed, please use your normal channels for ordering $1 coins.) You should also encourage your local retailers to place their orders early.

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 will feature systematically rotating designs of former United States Presidents.


Additional information about the Presidential $1 Coin Program is available at
www.usmint.gov/$1coin.