2010 Native American Dollars

2010 Native American DollarThis month the United States Mint launched and released the 2010 Native American Dollar. This is the second release of the series created to honor and celebrate the contributions and accomplishments of Native Americans. This year’s design features the Hiawatha Belt, a visual representation of the Haudenosaunee, or Iroquois Confederacy.

On January 4, 2010, the US Mint began sales of the 2010 Native American Dollar through their Direct Ship Program. The program is intended to allow small businesses and financial institutions to order dollar coins for the intention of using them in circulation. The dollar coins are distributed by the US Mint at face value with no charge for shipping in quantities of 250-coins. Collectors have also used this program as an opportunity to obtain uncirculated dollar coins at face value.

On January 22, 2010, The US Mint offered numismatic rolls of the dollar coins. These are 25-coin rolls containing coins from either the Philadelphia or Denver Mint priced at $35.95 each. As opposed to the Direct Ship rolls, these come in custom designed wrappers and customers can select the mint mark. Despite the premium and the availability of the coins at face value, collectors still ordered more than 8,000 of each roll in the first week of availability.

Following the release through these two options, the official launch ceremony was held on January 25, 2010. The event took place at the Smithsonian Institution’s National Museum of the American Indian George Gustav Heye Center in Manhattan. United States Mint Director Edmund Moy said, “The design is an acknowledgement of the confederation’s influence on Western political thought, including concepts of equality and democratic self-government that existed on the North American continent long before the founding of the United States.”

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