Today the United States Mint launched the Olympic National Park Quarter, the third new quarter-dollar design this year. It enters public circulation via the Federal Reserve Bank System today, and as of 12 noon ET the US Mint has been selling it in bags and rolls.
It will take time to see the Olympic National park Quarter in pocket change, which is one reason why the United States Mint is selling 100-coin bags and Two-Roll sets directly to the public at a premium for those who want them immediately. The bags and rolls can be purchased online at http://www.usmint.gov/, or by phone toll free at 1-800-USA-MINT (872-6468).
Bags and rolls straight from the Mint cost $49.95 for the 100-coin bags and $39.95 for the two-roll sets. Although the products contain circulating-quality quarters from the Philadelphia Mint or the Denver Mint, the quarters have not actually entered circulation and therefore should be relatively free from extra marks that are typical of coins found in every day change.
The United States Mint made three products available. First, the 100-coin bag (P) has only Philadelphia minted Olympic National Park quarters. The second one is the 100-coin bag (D) with only Denver struck quarters. And, the third is the two-roll set containing Philadelphia and Denver quarters.
The price of the 100-coin bags is a mark-up of $24.95, since the face value of the content is $25. The two-roll set has been marked up just $19.95, because each roll has a face value of $10.
The coin marks the eighth release in the new America the Beautiful Quarters™ Program which honors national parks and other national sites throughout the U.S. and its territories. The program started in 2010 and ends in 2021.
The 2011 Olympic National Park Quarter features Mount Olympus and a Roosevelt elk on the reverse or tails side. It was designed by Susan Gamble and engraved by Michael Gaudioso. The obverse, or heads side, is still the profile of George Washington by John Flanagan. Inscriptions on the reverse are OLYMPIC, WASHINGTON, 2011 and E PLURIBUS UNUM.
City Pier in Port Angeles, Washington, is the site for the Olympic quarter’s ceremony, tomorrow, June 14 at 11 AM PT . Similar to previous quarter-launch ceremonies, children 18 and under will receive a new Olympic quarter for free while others can exchange their bills for $10 rolls containing 40 circulation-quality strikes, most likely from Denver (2011-D Olympic National Park Quarters).
Prior to the ceremony, there will be a US Mint Coin Forum tonight, June 13 at 7 p.m. PT. It will be held inside the park at the Olympic National Park Visitor Center, which is located at 600 East Park Avenue in Port Angeles, Washington.
In 1897, Olympic National Park was established as a national site. Last year, over 2.8 million people visited the park, which is well-known for its Pacific coastline, rugged peaks, meadows, lakes, and wilderness. Many try to sample each of the park’s major ecosystems: sub-alpine, coastal, lowland forest and the famous temperate rainforest. Olympic is almost a million acres and has 16 NPS-operated campgrounds with a total of 910 sites. U.S. Highway 101 surrounds the park.