The US Mint continues to realize a decent demand for the recently released American Veterans Disabled for Life Silver Dollars which are available in both proof and uncirculated versions.
Debuting on February 25, 2010, the coins immediately surpassed many expectations by selling a very respectable 98,358 in only three days. 66,209 of those were proof and 32,149 were uncirculated, showing that collectors are preferring to purchase the slightly higher priced coin by over a 2 to 1 ratio.
Sales remained at a steady level over the next week with an additional 24,784 of the proof purchased and 8,692 of the uncirculated. This brings the total sold so farto 90,993 proof and 40,841 uncirculated, or a total of 131,834. [click to continue…]
The US Mint released figures on the 2009 American Eagle Silver Coins that were not much of a surprise to collectors and investors. That is not to say that they were dis-appointing, in fact, far from it!
According to the Mint, 30,459,000 of the 2009-dated bullion coins were purchased. This massive number smashes the previous record holder created just the year before with the 2008-dated coins. For that year 20,583,000 were sold, which at the time was impressive in and of itself.
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Racking up the fifth best February ever for sales, the US Mint's recently released sales figures show 84,000 of the Gold American Eagle Bullion Coins were sold last month.
While this has to be considered an impressive amount, it is far from breaking any sort of records. One only has to look as far as January 2010 to see higher numbers, albeit only slightly with 85,000 sold.
Of course, both of those months are probably being affected slightly by the Mint's left-over supply of 2009 dated coins. The Mint stated in mid-January that it still had over 50,000 of the previous years strikes in its warehouse. As such, it instituted a policy requiring its authorized purchasers to order one of the 2009-dated coins for every three of the 2010-dated coins that they wanted. [click to continue…]
The United States Mint is planning to host two exchange locations for rolls of the 2010 Lincoln Cents in Washington, D.C. on this Thursday, February 25, 2010.
These two exchanges were originally scheduled to be on February 11, the same day the official release ceremony was held in Springfield, Illinois. However, due to the two blizzards that struck the nation's capital, the two exchanges planned for D.C. were canceled. Not surprising since those same weather systems resulted in the federal government basically closing down for four days.
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Throughout the course of American history, millions of individuals have answered their country's call for military service during peace-time and war. Unfortunately, during that service, many have been wounded.
The United States Mint, through an act of Congress, will soon be issuing coins meant to honor those brave heroes. Called the 2010 American Veterans Disabled for Life Silver Dollar, these coins are just a small reminder of the sacrifices many have made for the freedom of the world.
The coins pay tribute to all military members, past and present, who received wounds as a result of their service. Some still carry those scars, while others died after living with the wounds and scars, and then there were those who paid the ultimate price with their life. [click to continue…]
The United States Mint will be releasing the first Presidential strike of the year tomorrow (February 18), with the 2010 Millard Fillmore Presidential $1 Coin. These issues honor the former 13th President of the United States by showcasing his portrait.
The Presidential Coin series was launched in 2007 and offer four new coins a year featuring the former Presidents in the order upon which they served as the Chief Executive of the United States. As this is the fourth year of the program, the Presidents honored will be the 13th through the 16th which were Millard Fillmore, Franklin Pierce, James Buchanan and Abraham Lincoln.
Fillmore was an accidental President. He was not elected to the office, but was serving as Vice President when Zachary Taylor passed away, thrusting Fillmore into the Presidency. [click to continue…]
With the official launch of the 2010 Lincoln Cent now behind us (it took place last Thursday, February 11, 2010 in Springfield, Illinois), it might be interesting to take a look at what collector's have been doing in relation to the coin.
One of the best places to find recent information on demand and prices for coinage is the online auction site eBay. Interested individuals can not only find how many auctions are or have been offered for certain coins, they can determine what the average going price for those coins have been. With this information in hand, a collector is better informed to make the decision if they would like to attempt to win or purchase the item.
So, let's take a look at the 2010 Lincoln Cent. As early as the middle of January, pre-sales of the coins started to appear on eBay promising rolls of the new design obtained on the release day (February 11th) and stamped and canceled by the post office indicating that date. The seller asked (and many paid) $35 for a single roll of these coins with the knowledge they were to be obtained and canceled in Springfield on February 11th. If a buyer just wanted a roll obtained and canceled in Washington, D.C., the going price was only $25. [click to continue…]
The United States Mint is planning to hold an official launch ceremony and coin exchange for the new 2010 Lincoln Cent this coming Thursday, February 11, 2010 in Springfield, Illinois.
Containing an image of a union shield with a scroll draped across it, the new design will be featured on the one-cent coins for the foreseeable future. The new design comes on the heels of four new cents that were released in 2009 to celebrate the bicentennial of the birth of Abraham Lincoln, who is featured on the obverse of the cent (and has been since 1909).
The 2009 cents celebrated different stages in the life of the 16th President of the United States including the Birthplace Cent, the Formative Years Cent, the Professional Life Cent and the Presidency Cent. Aside from the stages of his life, the coins also celebrated the locations that Lincoln called home during those phases. [click to continue…]
Demand for the American Eagle Gold and Silver Bullion Coins could certainly be considered elevated according to the January sales figures from the United States Mint.
Even with several hurtles to over-come, the Silver Eagles recorded their best ever sales for the month of January with 3,592,500 sold. The Gold Eagles were not as popular but still managed to rack up 85,000 sold before the month closed out, tagging the seventh best January ever for them.
What makes these numbers more incredible are the factors that actually limited the sales of the coins; one of them being the late release of both bullion Eagles. Due to US Mint production issues, both were only made available on January 19, 2010. Typically, the coins are offered for sale much closer to the first of the year. [click to continue…]
The United States Mint is no longer selling 2008-W Uncirculated American Silver Eagles. While standalone eagles sold out over a year ago (on Jan. 23, 2009), collectors could still purchase them from the US Mint through the 2008 Annual Uncirculated Dollar Set.
But no longer. The uncirculated set sold out on Thursday after being available for nearly 18 months. They were released on August 7, 2008, for a price of $37.95.
One may wonder why they were on sale for so long. In order to focus on the unprecedented bullion coin demand in 2009, the Mint canceled collector proof and uncirculated 2009-dated eagles, as well as the 2009 Annual Uncirculated Dollar Set. With no replacement last year, the Mint simply kept the 2008s on their store shelves. [click to continue…]