Mint News Blog

News, Information, and Commentary on US Mint Products

Wednesday, January 20, 2010

Survey Results: Mint News Blog Readers Look Ahead to 2010


This will be the fifth post recapping the results from the Mint News Blog survey. For those keeping track, there will likely be two additional installments following this post, which will conclude coverage of the survey.

In the seventh question, readers were allowed to provide additional thoughts or comments on 2010 US Mint Products or 2010 Coins in an open format. This was a chance for readers to provide more insights into their responses on previous questions or raise other issues.

This time just under 200 readers provided comments. Once again, I will try to distill some of the major themes and then present a selection of reader comments.

The most frequent subject mentioned was Proof Silver Eagles. Dozens of readers expressed their hopes that the US Mint would produce and issue the coins this year. Similarly, numerous readers also mentioned the Uncirculated Silver Eagle and Proof and Uncirculated Gold Eagless. One reader suggested that the US Mint should produce a special 25th Anniversary Silver Eagle Set next year, which would include the 2009 Proof Silver Eagle.

Another frequent topic was America the Beautiful Quarters. While most continued to mention the over saturation of rotating designs, there were several readers looking forward to the series. A small group of respondents also mentioned that they were looking forward to the 5 ounce silver bullion versions of the quarters. Others expressed disappointment that the limited supply of silver would be used for another program of silver coins, rather than collectible Silver Eagles.

Other recurring comments included disappointment about design selections for 2010 coins. The design most frequently mentioned as a disappointment was the 2010 Boy Scouts Silver Dollar.

Below are a selection of the comments provided by readers. I couldn't include everything, but I have tried to make the selection representative of most of the major themes and include some of the more unique comments.

"I hope the mint will not let the collectors down again in 2010 with the non production of the Proof and Uncirculated Silver American Eagles."

"I'm looking forward to the new one cent design and would welcome a new obverse design to [other] circulating coinage. I would like to see a return to images of Lady Liberty that display the beauty and creativity of engravers, rather than seeing more dead people. With the current economic down-turn, we as Americans need images to invoke feelings of patriotism and pride in Our Nation."

"About the quarter series...I am half excited about seeing them, but the other half of me is like how can they do any Park justice on the back of the quarter? They managed to do a decent job with the states, but I believe it will be much more difficult to get the primary scenic idea of a Park across on the back of a quarter. Maybe on the 3 inch medals it would come across with more detail, but Iwonder if it will feel sparse taking such a small portrait and now stretching it onto a bigger surface."

"I would like to see a set of classic or legacy designed US Silver Dollars produced in uncirculated and proof."

"The US Mint needs to be run more like the customer-focused manufacturing business that it should be and less like the customer-be-damned fiefdom that it has become. I had thought that Henrietta Fore made an effort in this direction, but any gains seem to have been lost."

"...Looking ahead to 2011 and beyond, it is very unfortunate that there are no coins planned to commemorate the Sesquicentennial of the Civil War, although a Battle of Gettysburg coin has been proposed in the House. I would add in conclusion that the U.S. Commemorative coin programs lack imagination and the designs are often very poor. For a nation with as rich a history as the U.S., we honor it very poorly on our coinage."

"Is it possible the Mint is offering too many new items and might kill the 'golden goose' eventually? It happened with the Post Office and it seems the mint is following suit."

"The public should be able to order the Silver Eagle Bullion coins from the mint, instead of having to pay a premium price to authorized dealers and distributors. The Proof Silver Eagle should be covered under the existing law to provide an adequate supply to the public."

"I think the America the Beautiful quarters are overkill, too many series to close together and too soon after the State quarter series. With the Presidential dollars still going and the Lincoln pennies just ending, the mint has us chasing our tails in too many directions."

"It will be interesting to see where the mintages end up with all products in comparison to the 2009 numbers and how the Government is going to address the over production of the dollar coins - will the trend continue downward with the number of coins minted? There are many story lines to watch over the coming months."

"I feel they should continue using copper cents in the 2010 mint and proof sets. The mint should also issue rolls for the shield cents in 2010."

"I want more first day and educational products surrounding the coins. I want first day coin covers for the new quarters. I want things similar to the 'Braille Education' set or the Lincoln Chronicles Set. Products based on coins but providing a broader view of what the coin is about or what it represents.Wouldn't it be cool if the Mint created commemorative versions of all the past types of coins and had each encased in a nice display folder/board/case that had a lot of historical information regarding the coin, the designers, and what was going on in America during the time the coin was being produced and used?"

"They need to bring back the proof silver eagle."

"I want silver eagles!"
Other posts covering survey results:
Favorite 2009 US Mint Product and Biggest Disappointment
Mint News Blog Readers Reflect on 2009
2010 US Mint Products and Potential Offerings
Collecting America the Beautiful Quarters

Today on Coin Update News:
New US Mint Sales Report

40 Comments:

At January 20, 2010 at 1:24 PM , Anonymous Anonymous said...

Proof Silver Eagles for 2010 are on most collectors' minds at the moment.

 
At January 20, 2010 at 1:40 PM , Anonymous Anonymous said...

thank you Michael, this appears to be a fair cross representation of every day collectors / investors /Mint customers. It's nice to see the recap. It's doubtful there's any disagreement with the comments. But, it's the Mint and their bosses who need to be aware and concerned what the public thinks about their plans and production. No business, whether Governmental or private, can continue to prosper and survive acting and serving up a stream of failures and expecting customers will simply jump up and down with frivilous or grateful false joy. The numismatic public is thoroughly fed up with past business-as-usual garbage. Just look at what happened with Ted Kennedy's seat in Boston. The winds of change had better change, and quickly.

 
At January 20, 2010 at 2:22 PM , Anonymous Anonymous said...

Perhaps a redesign of the silver eagle would be good once the Mint resumes on the proofs. It would be a clean break with the lack of a 2009 Silver Eagle. While I personally like the current design, a good alternative would be an even older design for lady liberty (pick any one of the lady liberties used on the spouse coins).

A comment to the previous poster, I think little 'o' has more problems on his hands than the Mint. Don't look for changes soon (pardon the pun).

 
At January 20, 2010 at 3:02 PM , Anonymous Anonymous said...

Coming from a state that already has health coverage, this guy Brown thinks he has the right to deny the rest of us with any form of healthcare. Maybe we could spend more on coins if we didn't have to pay enormous premiums for our coverage. Shame on you Brown for not giving the ret of us a bhance at reform when your state already has it!!!!!

 
At January 20, 2010 at 4:24 PM , Anonymous Anonymous said...

Brown denies your health care , what a joke.. I think the dems in Whashington had every thing they needed to pass one-If they really wanted.

 
At January 20, 2010 at 4:37 PM , Anonymous Anonymous said...

To the Anonymous post at 3:02: Keep your ignorant political views and misspellings on someone else's blog. Brown isn't even sworn in yet and he's "denying your right" to health care? Is it a right? You mean he'll vote against a bill for "free" care to people like you who drag society down and think the rest of us achievers should pay for you to have it. Go wash your coins with mercury in your hands...........

 
At January 20, 2010 at 5:32 PM , Anonymous Anonymous said...

About health care. Excuse me it is off the topic but still on peoples mind.
THERE IS NO FREE LUNCH - If it happend to be free for someone there is someone else who is footing the bill.
Thank you for reading.

 
At January 20, 2010 at 7:45 PM , Blogger coinman said...

Was wondering today why new 2010 penny not on mint scheduel so I got on phone and called customer service and what I was told was that the penny wouldnt be sold at the mint all the pennies would be put in circulation througt the fed. As for the 2010 Silver Eagle well they said that a later than normal release date would be released. Now keep in mind this is what I was told so beleve it or not.

 
At January 20, 2010 at 8:37 PM , Anonymous Anonymous said...

Brief Pause...

"And if they told you wolverines would make good house pets, would you believe them?"

:)

 
At January 21, 2010 at 9:30 AM , Anonymous Anonymous said...

Will be glad to see these survey posts finished. They don't seem to have much point and are space fillers.

 
At January 21, 2010 at 9:52 AM , Blogger John said...

To the Anonymous 9:30am poster. Your a real jerk. No one has put a gun to your head forcing you to read every blog. If it's taken up too much of your precious time then don't read blogs your not interested in and keep your stupid and rude comments to yourself. Michael has put a lot of time and effort into creating this top notch blog.

 
At January 21, 2010 at 9:59 AM , Blogger Eric62cw said...

I think that will be the end of Proof Silver Eagles

 
At January 21, 2010 at 10:46 AM , Anonymous Anonymous said...

They should have put the National Parks on the back of the Kennedy Half Dollar and put it back into circulation.
It would have given a larger area for the design and made more money.

 
At January 21, 2010 at 10:50 AM , Anonymous Anonymous said...

I wish we can ban from this blog all the political crap people want to throw into here.
This is about COINS not about what people feel about politics.

 
At January 21, 2010 at 11:20 AM , Anonymous Anonymous said...

http://www.nj.com/homegarden/design/index.ssf/2010/01/debate_rages_in_coin_world_the.html

 
At January 21, 2010 at 12:17 PM , Anonymous vaughnster said...

That is a great idea to have the National Parks design on the floundering half-dollar. It would certainly arouse a lot of interest from those of us who remember having them in our pockets with change years ago. It would be a perfect size for some incredible detail.....wait, we're talking about the Mint :-(

 
At January 21, 2010 at 2:16 PM , Anonymous Anonymous said...

Check out the link below. Elizabeth Monroe and Louisa Adams uncirculated gold coins for a penny with no bids yet. Try to find that on eBay!

http://www.webidz.com/auction_details.php?auction_id=2365327

 
At January 21, 2010 at 5:05 PM , Anonymous Anonymous said...

RE: "Check out the link below. Elizabeth Monroe and Louisa Adams uncirculated gold coins for a penny with no bids yet. Try to find that on eBay!"

Don't be fooled. These are not really listed for a penny. If you look at the posting, you will see that the reserve has not been met. That means the starting price at which someone might get them in way more than a penny. These would never be sold for a penny. Mr. Anonymous at 2:16 is just surreptiously advertising for his auction.

Why don't you list what the real starting bid is? And yes, you will find autions on eBay with no reserve just like this. Ha ha, you're a joke.

 
At January 21, 2010 at 5:17 PM , Anonymous Anonymous said...

You looked at it, didn't you? By my reckoning, the "ad" worked. :)

Only a fool would list an ounce of gold for a penny with no reserve on a site that few know exist. I'm just trying to let potentially interested parties know the coins are there. The buyer can still pay with PayPal, and the seller (me) doesn't get hammered for fees twice by the same entity. It's a win-win situation. The buyer is still protected by PayPal and the seller is not gouged to death with fees.

The reserve for the coins is in line with what the coins typically sell for on eBay. No gouging here.

Thanks for looking!

 
At January 21, 2010 at 6:02 PM , Anonymous Anonymous said...

I'm not looking! This is not a site to try to drum up business. Please take your ads somewhere else

 
At January 21, 2010 at 6:26 PM , Anonymous Anonymous said...

I guess that explains why there is a big long list of "notable auctions" on the right hand side of the home page here! Although not an eBay auction, the Webidz auction in question could be considered a "notable auction" by coin collectors, the audience here. Hence, that's why I mentioned it. The word needs to get out somehow that eBay is NOT the only place to buy things!

In all fairness, I did away with the reserve and simply listed the coins for what it was: $1,450 for the pair with free shipping. As good a deal as you would get on eBay.

http://www.webidz.com/auction_details.php?auction_id=2365327

 
At January 21, 2010 at 7:23 PM , Anonymous Anonymous said...

The link to the latest sales report says that the Northern Mariana Islands coin covers are limited to 15,000 units, but the website still says the limit is 20,000. Did the Mint change it's plans regarding the limit, or was the figure reported in the article a mistake?

 
At January 21, 2010 at 7:25 PM , Anonymous Anonymous said...

You can’t tell me that coin collecting is not about politic. How about I trade you my 2009 LOUIS BRAILLE BICENTENNIAL SILVER DOLLAR PROOF for your 2009 LINCOLN COIN AND CHRONICLES SET. Everything is about politic. When was the last time you heard anyone complaining about the taxes that they pay for police or fire service. It's OK to be a free service if it is something you can benefit from. Who cares about the people who die in the street because they cannot afford health care? Tell me how much were you charged the last time you called the police for help, or who paid the bill when that firemen rushed into a burning building to save your life. Just because you are some big fancy coin collector doesn’t make your life more valuable then the next guys. What Louis Braille and Abraham Lincoln had in common is that they dedicated their life to help those who were disadvantage. Shame on you for putting a value on the coin but not on the values of those who’s portraits are on the coin. What they stand for is one of the reasons why we collect them. So how valuable would that coin be if your face were on it. Believe me you’d be a lot more valuable to others if you were willing to do something for other.

 
At January 21, 2010 at 7:29 PM , Anonymous Anonymous said...

Whoa, where did THAT come from?

 
At January 21, 2010 at 8:42 PM , Anonymous Anonymous said...

That comment above came from an ignorant(I didn't say stupid just ingnorant), ungrateful, and with apparent bitterness toward the greatest country in the world and probably thinks Michael Moore is a hero. The country that provides the most inventiveness, the most medicinal discoveries, the most generous, the most opportunities, and the best health care system in the world. If this country is so crappy why are people from all over the world trying to get here and many risking their lives in the process. Is this country I am talking about perfect. No. Can it be improved yes. Have I ever been screwed over, yes, but I leave it in the rear view mirror. Even if you don't have health ins. you cannot be denied treatment at any hospital emergency room. Thats the law. Why do you think a hospital charges five bucks for a box of Kleenex. Its because some people don't or are unable to pay for treatment. Many pharmceutical cos. offer free medicine if they know about your situation. Before someone starts quoting United Nations statistics know they are fraudulent and manipulated just like the global warming fraud. The CATO Institute article Who's Fooling Who by Glen Whitman debunks the health care statistics. If you don't like it, pack your bag and get a boat to Cuba where they have "free medical care" and one chicken per family per week. Take your attitude with you and see how long Castro puts up with that caca. How about a free car for everyone. Doesn't everyone need a car. How 'bout a minimum wage of $100,000 yr. Why just stop at $8.25/hr. To keep on topic how 'bout everyone gets a free 2010 proof coin set. To those complainers I say get a life and you won't have as much time to bitch. Happy New Year

 
At January 21, 2010 at 11:06 PM , Anonymous Anonymous said...

Mr. coin seller and January 21, 2010 7:25 PM poster: You don't belong here so just go away. Thank you.

 
At January 22, 2010 at 4:37 AM , Anonymous vaughnster said...

Isn't it sad that due to the Mint's awful product offerings this year that people are spewing political rants instead of commenting about a new release? I hope the Mint surprises us SOON with a previously unannounced product that will actually produce some lively numismatic banter.

 
At January 22, 2010 at 6:55 AM , Blogger Michael said...

"The link to the latest sales report says that the Northern Mariana Islands coin covers are limited to 15,000 units, but the website still says the limit is 20,000."

- Sorry, my mistake. I fixed the article.

 
At January 22, 2010 at 7:24 AM , Anonymous Anonymous said...

The average London Fix gold price so far for this week's U.S. Mint calculation is $1,098.19, with today's am fix being only $1,084. I sure hope the price stalls at that level to force a price decrease next week!

 
At January 22, 2010 at 8:10 AM , Blogger coinman said...

You know I found this Blog about a year ago and it has been very enjoyable to read and now I make it part of my evening to check everyday. I have found that this Blog is starting to turn into a fight Blog which is sad to say. My Mother told me that if you ignore it they will stop. To the political Bloggers just ignor them leave no comment and they will go away. Sometimes the response to a post is just as bad as the original post. We are all adults her and all should have self controll, I would hope. Lets keep our energy focused on coins and help Micheal bring this Blog to better days in the year 2010. Thanks to all and Happy Hunting.

Coinman

 
At January 22, 2010 at 10:08 AM , Anonymous al from ohio said...

OOOO-platinum down 48. Ouch!! Last week Michael had as a "notable auction" the 4-coin unc w buffalo and the 4-coin unc gold eagles both 08. The buffalo set I think sold for 55675 give or take while the eagles did not sell at around 4600. With the mintage of the eagles 1/3 that of the buffalos (unc. 08) there goes the theory that lower mintages are more valuable--at least at present. Great job on the blog Mike-it must take alot of time and effort to produce. I speak for all of us to the fine work and timely comments.

 
At January 22, 2010 at 7:24 PM , Anonymous Anonymous said...

I'll repeat it again. Its all about demand. Low mintage does not guarantee value increase. There must be a significantly higher number of people who want the items than the items that are available. Its true of low mintage or high mintage items. For investment numismatics I try to stay with classically or historical designed coins. You may get lucky occassionaly and get a contemporary design that goes up. I believe the best example of that is the Jackie Robinson commem. I stay away from all the various platinums because they are expensive, not much demand even though they are low mintage, and have a modernistic look to me. Now if you are a pure collector always buy what you like. Unfortunately I have found myself buying fewer mint coins as the are becoming too contemporary looking like postage stamps. Most of us are a mixture of collector and investor.

 
At January 22, 2010 at 9:37 PM , Anonymous Anonymous said...

I concur with Coinman.I have been coming here for quite a while too.It seems many people use this blog as a way to blow off steam.Although, there are times that politics do have some things to do with coinage.Such as congressional approvals and governmental facilities like the federal reserve and US Mint.I think it is best to just leave both sides of the isle and meet in the middle to have a genuine
discussion about something we all as collectors love.COINS.The last time I looked.The name of this sight is not the US MINT FIGHT CLUB.Rants of disappointment can be expected here.But outright disrespect of others is just showing a level of maturity that really does not belong here.The old saying."Do unto other as you would have them do unto you" should be a basic rule here.Just show respect to Michaels efforts to inform those of us who still enjoy coming here.
Thank you

 
At January 23, 2010 at 6:32 AM , Anonymous Anonymous said...

According to Numismastic News' weekly "Mint Stats" there was a combined total of 3,641,160 Kennedy Halves (2009 P - D) sold at the time of the cutoff. The US Mint made 3,800,000 or a difference of 158,840.
Any ideas where the excess will wind up? The "Strategic Coin Reserve" perhaps?

Jim L.

 
At January 23, 2010 at 6:43 AM , Anonymous Anonymous said...

I should clarify that the totals are from bags and rolls only. The balance from proof sets and uncirc. mint sets? Something doesn't make sense to me!

Jim L.

 
At January 23, 2010 at 8:12 AM , Anonymous Anonymous said...

Jim,

My guess is the unsold 2009 Kennedy's will wind up melted down, possibly re-struck into 2010's. It looks like the extra coins they minted later on in the year weren't even necessary. Does anyone remember if the full mintage of 2008 coins sold?

 
At January 24, 2010 at 8:23 AM , Anonymous Anonymous said...

If the National Parks design was put on the Kennedy Half Dollar they would sell many millions more and put new life into the half dollar instead of beating the quarters to death.
Too bad there wasn't some way to get that idea across to the mint.

 
At January 24, 2010 at 3:44 PM , Anonymous Anonymous said...

Yeah, that would have been an interesting idea. I also like the idea of having Teddy Roosevelt on the National Parks Quarters. I don't know why they insist that Washington still needs to be on the quarter. After all, it doesn't appear that his PAPER denomination is going anywhere in our lifetime, despite the preaching over switching to a dollar coin.

If Roosevelt HAD been placed on the National Parks Quarters, think how much more popular the upcoming series would be!

 
At January 24, 2010 at 5:47 PM , Anonymous Anonymous said...

Yes, to above. What a great idea. Teddy on the Nat. Parks quarters. So many great ideas from commenters. Or even the Parks on the back of a reintroduced Kennedy half instead of continuing the duds we are getting. You people quit coming up with these fantabulous ideas. It just makes me that much more disappointed in the mint offerings. Now I'm sad.

 
At January 24, 2010 at 6:51 PM , Anonymous Anonymous said...

How can we convince the mint to think about those changes. Yes I know I'm dreaming.

 

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