Mint News Blog

News, Information, and Commentary on US Mint Products

Monday, June 22, 2009

US Mint Product Schedule Update

The US Mint recently updated their product schedule with release dates for several products to be released in the month of July. Here are the products and release dates along with some preliminary information. Closer to the release dates, I will provide a full post with additional details on the products.

Letitia Tyler First Spouse Gold Coin
July 2, 2009

This will be the second release for the First Spouse Coin series during 2009. The half ounce 24 karat gold coins will be available in uncirculated or proof versions. The release date had previously been scheduled for June 4, 2009, but was changed without explanation a few days beforehand.

The price for the Letitia Tyler coin will be based on the average price of gold for the preceding one week pricing period. If the average price of gold remains within its current price tier of $900 - $949.99, then the proof coins would be priced at $629 and the uncirculated coins would be priced at $616.

On the same date, the Letitia Tyler Bronze Medals will also go on sale. The medals carry the same design as the gold coins, without some of the inscriptions. They should be priced at $3.50 each.

Presidential $1 Coin & First Spouse Medal Set (Letitia Tyler)
July 14, 2009

These sets include the Presidential Dollar and First Spouse Bronze Medal for each Presidency. Since John Tyler had a first and second wife, it appears that the US Mint will be issuing two separate sets. The first will contain with the bronze medal for Letitia Tyler and the second will contain the bronze medal for Julia Tyler.

Prior releases for this product line have proven to be popular sellers. The only previous release still available is the coin and medal set for William Henry and Anna Harrison. This set had an issue price of $8.95, which will likely be the price level for the Tyler Set.

2009 Silver Proof Set
July 17, 2009

The annual proof set, which contains 90% silver coins. Like the regular proof set, it will contain a total of 18 coins. This includes 4 cents, 1 nickel, 1 dime, 6 quarters, 1 half dollar, and 5 dollar coins. The 2009-S Lincoln Cents will be struck in a composition of 95% copper (or bronze). The 2009-S DC & US Territories Quarters, Kennedy Half Dollar, and Roosevelt Dime will be struck in a composition of 90% silver.

The expected price for the 2009 Proof Set is $52.95, which is $8 higher than the price for last year's set. This extra cost is likely due to the additional 90% silver quarter and additional three proof cents. This year's silver proof set has an earlier release date than prior years. Last year, the 2008 Silver Proof Set was not released until August 26, 2008.

American Samoa Quarter
Bags and Rolls
July 27, 2009

The fourth release for the District of Columbia & US Territories Quarters Program. The offering should include 1,000-coin bags from each mint priced at $309.95, 100-coin bags from each mint priced at $32.95, and a two roll set priced at $32.95. This year's bags and rolls have been popular due to the low mintages for this year's circulating coins and the (sometimes) low production runs for bags and rolls that have (sometimes) led to quick sell outs.

So far, each quarter released this year has had a lower overall mintage than the prior release. Will the American Samoa Quarter have a lower mintage than the Guam Quarter? The US Mint bags and rolls will go on sale a few days before the US Mint posts new production figures, which should reveal the answer.

Guam First Day Coin Cover
July 28, 2009

This year's first day covers for quarters have been priced at $14.95 and have been limited to 25,000 units. The covers are generally considered to be better designed than the State Quarter covers, but none of this year's releases has reached sell out levels. So far the District of Columbia cover has sold 11,695 units, and the Puerto Rico cover has sold 6,517 units.



At June 22, 2009 at 5:39 PM , Anonymous Keith said...

Does anyone know under what authority the Mint issues the silver dime and silver half dollar? The laws authorizing the recent quarters (State, Territory, and National Parks) all authorize a silver quarter for collectors of each design. However, I can find no legislation that authorizes the Mint to strike dimes or half dollars in silver.

At June 22, 2009 at 5:50 PM , Anonymous Anonymous said...

Who knows? I think they've been doing silver proof sets since 1992. There must have been some law authorizing that way back then.

At June 22, 2009 at 5:53 PM , Anonymous Anonymous said...

I sure hope the Mint doesn't change the Letitia Tyler release date again. It never should have been delayed in the first place. They even cost themselves money by doing that, as there would probably have been quite a few orders for them placed during the time period when the coins were each $25 higher than they are now. It serves them right, especially since they've continued to offer the Louisa Adams coins for sale all this extra time. Approximately one year my #@!

At June 22, 2009 at 6:34 PM , Anonymous Anonymous said...

For all the items listed, I only want to buy the silver proof set, but will wait for a month or so before place my order.

At June 22, 2009 at 8:12 PM , Anonymous Anonymous said...

There is one thing that I have learned over the past few years...don't wait a minute when an item is offered by the Mint.

At June 23, 2009 at 4:21 PM , Anonymous Keith said...


That's the answer I generally get. They've been doing it since 1992 - must be OK. I've scoured all the coinage acts from 1964 when Congress banned silver coinage until 1992, and can't find a lick of legislation which allows those coins to be produced.

At June 23, 2009 at 5:04 PM , Anonymous Anonymous said...

Maybe they're illegal, and no one has bothered to point that out. Maybe you should "blow the whistle." :)

At June 24, 2009 at 8:00 AM , Blogger Michael said...

Interesting question... I found this part of an article from 1992 which references "recent legislation"

At June 24, 2009 at 2:08 PM , Anonymous Anonymous said...

Coin World says the 2009 proof buffalo ounce will be made, possible the proof eagle coins.

At June 24, 2009 at 4:55 PM , Anonymous Keith said...

Thanks Michael - found the reference I needed to complete my "set." 101st Congress ramrodded the bill through in about three weeks from introduction in the Senate till signature by the President.

I've spent a considerable time scouring over the United States Code books trying to hunt down the laws that governed our coinage and have legal references for all of my type set dating back into the 1850's.


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