May 19 marks the anniversary of Gen. Ulysses S. Grant's campaign in
1863 to take the Confederate stronghold at Vicksburg, Miss.
Nearly a century and a half later, the United States Mint will
release to the Federal Reserve Banks a new dollar coin struck in honor
of Grant, who went on to become the nation’s 18th president.
To observe the coin’s release, the Mint, in conjunction with the
National Park Service, will hold a launch ceremony and coin exchange
on May 19 at the Ulysses S. Grant National Historic Site in St. Louis.
The Grant dollars will be shipped to banks and other financial
institutions in 25-coin rolls, unmixed with other dollar coins. For
each new design, banks may order and store the coins up to three weeks
prior to the introduction, so they will have supplies on hand on the
release date. The coins will be available in unmixed rolls for two
weeks after the introduction of each design. The special ordering
process begins again when each new Presidential dollar is released.
The ordering period for unmixed quantities of the Ulysses S. Grant
Presidential dollar began April 28.
In addition, local Federal Reserve Bank offices can handle special
requests for $2,000 bags of unmixed Grant dollars, orders for $2,000
bags of mixed dollar coins, and orders for Grant dollars after the
special order period ends on June 2, while supplies last. ■