When these coins were first offered to the public a popular way of collecting these Presidential Dollars were by the roll. A collector would attempt to acquire one or more unopened rolls for each release in the series. These are often called BU Rolls, referring to the condition of the coins within the roll as Brilliant Uncirculated.
Presidential Dollars were minted for circulation at both the Philadelphia and Denver Mints. A common method of collecting the series was to try to acquire one roll from each mint for each president. These coins are from the Philadelphia Mint. From 2007 to 2011, rolls of newly minted Presidential Dollars were distributed by the Federal Reserve. They provided banks and financial institutions with specific time periods during which unmixed quantities of the new releases could be ordered.The window of availability usually extended from a few weeks before the circulation release date to a few weeks after. Banks that ordered the coins distributed them to their business and retail customers at face value. As such, from 2012 onwards the new releases of the series were not distributed to banks and financial institutions.
Rather, the coins could only be obtained through numismatic products offered by the United States Mint or from secondary market sources. The US Mint offered Presidential Dollar rolls under a special program.
They offered the 25-coin rolls of circulation quality coins for each release of the series. These rolls offered under the program used special packaging from the US Mint. The Mint charged a premium above face value for coins ordered under the program. Mottos, "In God we trust" and.
, the coin's mint mark, and its year of issuance; i. E PLURIBUS UNUM IN GOD WE TRUST 2007 X. Ron Guth, of the Professional Coin Grading Service, estimated at least 50,000 coins were released without the edge inscriptions.Because one of the inscriptions missing from the coins is the motto "In God we trust", some articles on the subject have referred to them as "Godless dollars". Fake "Godless dollars" have been produced with the edge lettering filed off. Also, John Adams Presidential dollars have been discovered with plain edges. They are fewer in quantity than George Washington plain-edge dollars, making them rarer, thus more expensive. A more frequently encountered edge lettering error for the John Adams dollar is a coin with doubled edge lettering.
This error occurs when a coin passes through the edge lettering machine twice. Most examples of the doubled-edge-letter John Adams dollar are from the Philadelphia Mint (Denver Mint issues are comparatively scarce). They are seen in two varieties: 1 with both edge lettering inscriptions reading in the same direction, called "overlapped", and 2 with the two inscriptions running in opposite directionsi. Inverted or upside-down relative to one anothercalled "inverted".
In early March 2007, a Colorado couple found a dollar coin that was not stamped on either side (missing the portrait of George Washington and the Statue of Liberty), but with the edge lettering on the blank planchet. Some of the coins have the words on the rim struck upside down (president face up). These are not minting errors, but rather a variation created by the minting process.
The US Mint issues Presidential Dollar Coins 2 years after the President has deceased. The item "Complete Set (39) of Unopened Presidential Dollar Coins $25 rolls (P) 2007-2016" is in sale since Friday, May 25, 2018. This item is in the category "Coins & Paper Money\Coins\ US\Dollars\Presidential (2007-Now)". The seller is "onemrbob1" and is located in Booneville, Mississippi. This item can be shipped to United States.