Puerto Rico Quarter Two Roll Set Sold Out
Just as the Guam Quarters Bags and Rolls went on sale today, the remaining Puerto Rico Quarter Bags and Rolls sold out.
Previously, the 1,000-coin Philadelphia and Denver mint bags had sold out. Last week, the 100-coin Philadelphia bags sold out. The two remaining options were the 100-coin Denver bag and Two Roll Set, which contains one 40-coin roll from each mint in custom wrappers.
According to Numismaster, sales statistics for the Puerto Rico bags and rolls as of last week, are as follows:
Puerto Rico Bags and Rolls Sales Figures | |||
Phila. | Denver | Total | |
1,000 Coin Bags | 1,047 | 953 | 2,000 |
100 Coin Bags | 19,827 | 16,534 | 36,361 |
Two Roll Set | - | - | 39,652 |
The timing of the sell out for the remaining options raises a question. Is the US Mint offering this year's bags and rolls until a certain number have been sold or until the next release goes on sale? In the case of Puerto Rico, the 1,000-coin bags sold out after an even 2,000 were sold across both mints. The 100-coin bags and Two Roll Sets were both close to an even 40,000, which could have been reached over the long Memorial Day weekend. The US Mint could have ended sales of the remaining options because the production run had sold out, or to coincide with the release of the Guam bags and rolls.
In the long term, I think buyers of the Puerto Rico bags and rolls will be rewarded. According to the US Mint's posted production figures only 53.2 million 2009-P Puerto Rico Quarters were produced and only 86 million 2009-D Puerto Rico Quarters. These represent the lowest quarter mintages in over four decades. As the case has been recently, the US Mint packaged bags and rolls may bring sustainable premiums over plain or generic wrapped rolls obtained from banks.
Labels: Bags and Rolls, DC US Territories Quarters
17 Comments:
Does anyone think that these US Mint Puerto Rico rolls will be valuable in the months/years ahead? Even though mintages are relatively low, compared to recent numbers, I still think they are sufficiently high to cause secondary market values to remain relatively low. Plus too, so many people seem to be storing BU rolls as an "investment," making these BU rolls relatively common. Your thoughts?
What were the bags and two roll set totals for the D.C. quarters? (I don't know) Not long after they sold out they were selling for over a 100% profit.
I bought 60 of the Puerto Rico two roll sets. I'm "banking" on them going up.
So far, the Puerto Rico US Mint rolls aren't selling for that high of a price to be worth putting them on eBay. I sure hope that you didn't put your money in a bad investment..
Historically, I've found that stocks are a better buy, despite the recent downturn....
Considering the Puerto Rico rolls were available as late as yesterday, I'd say it's too early to say what these are going to do.
I'd be curious to know if the Mint has actually shipped any of the Puerto Rico coins yet - from their website info, they are still having fulfillment issues.
Appears that they are axing each product as soon as the next one is released, and really trying to focus on producing as few coins as possible.
I've received puerto rico 100 coin bags and the two roll set about a week ago. Ordered a couple of the 1000 bag guam quarters. I'm hoping for an early sellout of those.
Does anybody realize these quarters are not of the precious metal kind--they are not silver what you have here is just a pile of scrap metal!!!!!!!!!
http://cgi.ebay.com/2009-P-Roosevelt-Dime-RARE-HOT_W0QQitemZ260417632968QQcmdZViewItemQQptZCoins_US_Individual?hash=item3ca219bac8&_trksid=p3286.c0.m14&_trkparms=72%3A2096|66%3A2|65%3A12|39%3A1|240%3A1318|301%3A1|293%3A1|294%3A50
VERY notable auction (this will flip your wig)
Semi Precious metals such as copper, nickel, and zinc are commodity metals (infastructure metals) and will always go up in value during the resurgance or growth of any economy. Also, consider the the fact that we are on the precipice of hyper inflation from excess gvmt spending. Sure to have an added effect. Buy and hold for your children and your grandchildren. Just make sure you keep the highest possible quality of specimens.
My wig has been flipped! Unbelievable!
Not suprised on the dime. I have yet to see a 2009 dime or nickel. None of our banks have any.
At least that auction proves that the 2009 dimes are starting to show up somewhere. At least I finally got see one, albeit in a photograph.
FROM US MINT WEBSITE
2009 Guam 1,000-Coin Bag, Philadelphia (QV6)
Price: $309.95
This product is temporarily unavailable.
Either the Guam quarters are on fire, or the Mint was caught really short on the 1000-coin Philly bags. Why would they stop accepting orders?
Thanks for the link to the 2009 Roosevelt Dime. I wrote a full post on this since it will definitely be interesting to watch.
could it be, the mint is listening to us, something new on the mint's website called last oppertunity
http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?langId=-1&storeId=10001&catalogId=10001&identifier=7600
I purchased a fair quantity of "clad" Puerto Rico and Guam quarters (rolls and 100 coin bags).
However, for those doing so partially with the expectation that the metal value (which I believe is still 91.67% copper and 8.33% nickel and NO zinc) will go up, should keep in mind that the metal value of a "clad" quarter is worth just over $0.0325 right now (before possible reduction for melt cost). This is less than 1/7th of face value.
Let me know if know if my calculations are wrong.
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