John Tyler Presidential Dollar Rolls Sold Out
The 2009 John Tyler Presidential Dollar Rolls are now sold out at the US Mint. The rolls first went on sale May 21, 2009, meaning the sell out took place in less than two weeks. The 25-coin rolls had been available with coins from the Philadelphia or Denver Mint and were priced at $35.95 each.
This sell out has wavered from expected to unexpected, as the US Mint has handled similar situations differently. After early sell outs for prior 2009 bags and rolls, it seemed like the Mint was increasing the number of rolls and bags available for subsequent releases. Apparently, this is only the case sometimes.
The first roll offering for the Birthplace Lincoln Cents sold out a modest production run relatively quickly. The US Mint responded by ramping up production for the second Formative Years Two Roll Set. To date, more than 200,000 sets have been sold and they remain on sale at the US Mint.
The first roll offering for the William Henry Harrison Presidential Dollar sold out 30,000 rolls for each mint relatively quickly. It seemed reasonable that the US Mint would treat this situation similarly to the 2009 Lincoln Cent roll offering and increase the number available for the next release. With today's sell outs, it seems likely that the John Tyler Presidential Dollar Rolls had the same 30,000 rolls per mint allocation as the prior release.
On a related note, the final production figures for the Guam Quarter have now been released by the US Mint. The figures are 42,600,000 for the Denver Mint and 45,000,000 from the Philadelphia Mint. These figures fall below the low numbers for the prior Puerto Rico Quarter.
The 1,000-coin Guam Quarter bags are currently listed as "temporarily unavailable" on the US Mint's website. The 100-coin bags and two roll set remain available for sale. The low mintage for the Guam Quarter may spur more bags and rolls sales. However, it's anyone's guess whether the US Mint has wildly expanded the number of rolls and bags available like they did for the Formative Years Cents, or if they kept the availability the same like they did for the John Tyler Dollars.
Labels: Bags and Rolls, Presidential Dollars
posted by Mint News Blog @ 12:36 PM
13 Comments:
I just saw a us mint roll of the Tyler sell for $169 on Ebay. The frenzy has begun! I thing the Guam quarter is a winner due to the final mintage production. They could make 3 times as many bags and rolls and its still a good play. I really think that they will sell out soon on all options due to those figures. I bought another 10 of each option. There is still time to have fun with this one.
The $169 is a BuyNow fantasy.
Don't look at BuyNows to get an accurate picture of whatever frenzy will occur on Ebay. Look at the current and completed auctions for an item. Whatever the average is for these auctions, is where the BuyNow prices will eventually hover slightly above.
Did these both sell out on the same day?
I think you will have the same frenzy as the other presidential roll for 2009. We all expected the "Formative" phenom. I know I wish I had bought more now. My guess is....so do you.
From what I saw, the P rolls sold out this morning. The D rolls remained available, but were gone by the afternoon.
Okay, this time I'm going all-in on the Polk rolls. I don't care if I get burnt. Or maybe I should go all-in on the American Samoa rolls. I just know I'm going all-in on something.
Is the Mint trying to ramp up interest in these rolls only to sell 100K rolls for the next president?
Are there production numbers available for the POLK coin yet?
You guys and gals are doing it all wrong! Go all in on everything!!! By the time the mint mails it out, you will know if its a grandslam or not. If not, return all of it to the mint in a usps flat rate box, which will cost about $11 and deliverty confirm and some insurance. Worst case, you're out $20, but that's nothing if you hit big.
No, the Polk numbers aren't out yet.
Hard to say what the mint will do. They want to be able to meet demand. But it looks like they got "stuck" with too many prez coins. Mint is still selling prez rolls from 2007 & 2008. With production numbers falling and the Mint looking like they are wanting to get "clean" out the vault (ie, last opportunity sale) president rolls may continue to be low until we hit some more popular Presidents (Lincoln, Teddy R, FDR, Kennedy)
And don't forget Chester A. Arthur. I can't wait until his coin comes out! He was so cool with his big whiskers.
If the mint were smart and really wanted to clear the older merchandise out they would also throw the Presidential product as well as other pre-2009 product that is still available and offer some type of discount. My guess (and this is just a guess) is that they have sold very little product through the current "Last Opprtunity" sale because it just has the same stuff nobody was buying before at the same prices. I'll bet they don't sell out of any of those products by the end of June.
I bet people will grab up the National Parks quarters too, starting next year, in the same speculation. Then they will all be disappointed when there is no mark up and the coins do not sell out upon the realization that nobody cares about such a lame program.
However, the new Lincoln Cents will likely have the same thing happen in 2010 as in 2009. It will be a first-year coin and my bet is that the economy will once again cause a decrease in coin production.
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