PCGS Revises Guidance For First Day of Issue Presidential Dollars

 

Revised April 19, 2007

The first coin of the new Presidential Dollar series (the Washington $1) was released on February 15, 2007. Special First Day of Issue inserts are available for Presidential Dollar coins through the PCGS Bulk Submissions program, under the following options.

  1. Official Release Date. Coins delivered to PCGS on the first official day of their release or sent in sealed packages postmarked on that date.

  2. Mint-sealed Boxes. Coins housed in original, mint-sealed boxes with a white seal bearing the name of the President (i.e. "PRESIDENT GEORGE WASHINGTON") and the official release date (i.e. "DO NOT BREAK SEAL UNTIL FEB. 15"). Such boxes must also contain the date stamp of the Mint inspector (see below). The same rules will apply to future Presidential Dollars unless the Mint makes changes in their packaging and sealing.


  3. U.S. Mint Official American Presidency $1 Coin Cover Series. These are First Day of Issue Covers sold by the U.S. Mint, each containing two coins (one from Philadelphia, one from Denver), both from the first day of production. The holder is stamped and postmarked on the official first day of issue (see below). Coins will be removed from the holder and graded separately. The original shipping boxes need not be sealed, but the covers must be submitted intact and unopened. A minimum of 50 covers may be submitted through the Bulk Submissions program. PCGS is currently developing an option for encapsulating the entire cover. PCGS does not offer a First Day of Mintage (or Production) option.

First Day of Issue inserts are only available through the PCGS Bulk Submissions program. Each order must contain a minimum of 100 coins (or 50 First Day of Issue Covers). All bulk orders should be submitted directly to the PCGS offices and will not be accepted at shows. If you have any questions about submitting bulk coins, please contact the Bulk Department at (949) 567-1216.

PCGS Guidance is based on the best information available at the time the guidance is developed. PCGS, at their discretion, may adjust guidance as new information becomes available.






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