Presidential Oath Dollars

George Washington Presidential DollarWhat are Presidential Oath Dollars?

It’s a question a lot of people seem to want to figure out lately. Earlier this month, the Home Shopping Network offered a small number of these coins for $79.95. They reportedly sold out in 30 minutes creating a lot of excitement. This post will summarize some of the information available on the coins.

The coins were produced by the Denver Mint. An aluminum ring was placed around a regular Presidential Dollar. The ring has an inscription of the Presidential Oath, “Preserve, Protect and Defend the Constitution of the United States.” The coins were supposedly limited to only 1,000 per President and were produced for the first six Presidential Dollars.

Online reports state that the coins were originally available at the Denver Mint Gift Shop. They were not available from the US Mint’s Online Catalog or at the Philadelphia Mint.

The Home Shopping Network sold coins which had been encapsulated and graded by ANACS. The coin was also put in a special custom oak presentation box.

While the quick sell out at HSN clearly shows some initial popularity for the coins, in the longer term the prospects are not as clear. The coins are basically regular Presidential Dollars encased with an aluminum ring. The fact that they were produced by the Denver Mint and only in a limited quantity adds an interesting aspect, but I suspect the novelty of the idea may soon wear off. These coins may go the way of Colorized State Quarters.

Learn more about Presidential Dollars.