US Mint Product Schedule Update
Late last week, the US Mint updated their 2010 scheduled products listing to indicate release dates for products through April. Previously, release dates had only been available through the end of January.
The 2010 Presidential Dollar Proof Set will be released on February 11, 2010. This is one of the component proof sets that the US Mint releases each year, which contain a portion of the coins that are issued in the full set. Last year the Presidential Dollar Proof Set was released around the same date and priced at $14.95. The 2009 set still remains available for sale.
The Millard Fillmore Presidential Dollar Rolls will be released on February 18, 2010. These rolls contain 25 coins from either the Philadelphia or Denver Mint and in the past have been priced at $35.95 each. Last year the US Mint quickly sold out of the rolls offered for William Henry Harrison and John Tyler after reaching sales of 30,000 rolls for each mint. Curiously, the WHH rolls fetch big premiums on the secondary market, while the John Tyler rolls do not. The number of rolls available was increased for the next two Presidents, which still remain available for sale at the Mint.
The 2010 American Veterans Disabled for Life Silver Dollar will be released on February 25, 2010. About a month later on March 23, 2010, the 2010 Boy Scouts of American Centennial Silver Dollar will be released. These two coins will be the only commemorative coins issued by the US Mint for the year. Both programs include a maximum authorized mintage of 350,000.
The 2010 Abigail Fillmore First Spouse Gold Coin and Medal will be released on March 4, 2010. This will start the year for the 24 karat gold coin series featuring the First Spouses. On the same date, sales of the Anna Harrison Gold Coin will likely end. The uncirculated version of the Anna Harrison coin will be one to watch into the closing days, as it seems poised to mark a fresh mintage low for the series.
Lastly, the Presidential $1 Coin and Medal Set featuring Millard and Abigail Fillmore will be released on March 26, 2010. This set contains an uncirculated (satin finish) Presidential Dollar and First Spouse Bronze Medal for the Presidential couple. Last year these products were priced at $8.95 each.
As the release dates come closer and further information is available, there will be a separate post exploring each of these products.
Today on Coin Update News
2009 Silver Eagles Sold Out, Sales of 2009 Gold Eagles Continue
Labels: US Mint
posted by Mint News Blog @ 10:49 AM
18 Comments:
WOW... like 2009 wasn't boring and product-lacking enough, now I see Moy was just getting us all prepared for 2010!
Their theory must be that if they destroy our low expectations for a few more years, after a while we will become happy with the mint because we will no longer expect worhtwhile products.
I agree. in the annals of coin collecting, 2010 is going to be a landmark year for apathy.
LOL SOLD OUT 2009 Silver eagles.Who cares?They sold enough to kill the ASE silver proof and burnished SAEs.Way to go US Mint.You have captured the hearts and minds of all collectors.Now The US Mint starts out the 2010 with much disappoinment of the nasty 2000 and 2001 baseball tokens.Expectations are very low and the US Mint is now officially on big joke.Nice job Mr Moy for creating the US Mint as the laughing stock of the world in numismatics.
Starting off with low expectations will only help to build excitement when they surprise us with the ultra high relief presidential golden dollars in plastic. And I can hardly wait for the 5 oz. silver colored plastic America the Beautiful series as another possible surprise.
I think the themes are great. As we've always said, if you don't like something, don't buy it.
Stop whining.
Period
I recently started collecting coins again and noticed that many proof commemorative can be purchased at prices that are lower than the original US Mint prices. Sure, there are exceptions, but they are few.
It pays to wait.
Today is Martin Luther King Jr.'s birthday.
What a fine tribute it would be if Congress would put him on a commemorative coin.
Bash Mr. Moy if you wish, but his reputation will be based on the UHR coin that folks have been waiting for over 60 years. I heard a rumor that the Mint expected to sell close to a million when they were close to production in 2008. The unexpected jump in gold by 50% put a damper in the excitment in buying the coin coupled with the already hard economic times for everyone. 0.115 mil is slim pickings for this release!
In ten years, no one will care about the boring commemoratives or even the lapse in the proof ASE (remember there were no 1975 quarters in your complete set? or the missing '29-early 30's Peace dollars). In ten years the UHR will be THE coin to own of the "Moy era".
Sorry, but the UHR coin at 115,000 is a LOT for a gold coin... and it will NEVER command any more of a premium over spot gold than it does right now.
Look back at the 20th Anniversary set...only 250,000 Silver Eagle Reverse Proofs...they once sold for $350 and up and now can be had for under $200.
The early UHR 70's sold for $3000 and now only $2000.
New issues from the Mint usally sell at their peak in the first few months and the UHR is no different
But if you want a "rare" gold coin go buy the Gold Eagle Reverse Proof...only 10,000 minted AND it looks much better than the 27mm UHR
Sorry, the reverse proof you are refering to is based on the common bullion design NOT the beautiful reverse St. G.
Look for yourself! The reverse proof reverse is pretty blah.
You must be sorry you didn't buy the uhr when you had your chance! I too think the uhr will double in value later this year but I am not going to be selling any of mine!
Puhlease.....stop with this UHR price through the roof nonsense. I have one now. I might buy another one later, since they are not hard to find for sale. 115k mintage of perfect or near perfect coins does not make an automatic classic coin. Enjoy the coin for what it is...a beautiful coin. If it goes up in value, great. If not, that is ok too. I didn't buy to pay for my kids college education. I am a collector.
I'll take my "real" St Gaudens over this commemorative UHR anytime!
BTW 4:14...I did buy the UHR the first day for $1189 and sold it a week later for a $500 profit.
The UHR is not a commemorative and was designed by St, Gaudens.
The UHR looks awesome using jewlers loupes for the high relief details. The wings on the reverse are popping out of the coin.
I hope the guy that sold his UHR enjoys his $500 profit for the rest of his life as much as I will enjoy my UHR (not for sale).
How did this discussion turn into a UHR discussion? This post is about the 2010 product schedule.NOT the UHR.I for one see a failing dollar,high unemployment and a total lack of collector satisfaction by the US Mint in the past few years.All this being said.I believe 2010 will become one of the lowest profit years for the mint in recent years.Sales will decline severely unless the US Mint does something to create more satisfaction for the collectors.A good start would be to actually cater more to the collector rather then the secondary market.( Bullion buyers and TPGs ).Many people have grown tired of the out right over charges from the Mint.And many people have definitely grow tired of the secondary markets high profit margins.couple that with the outrage of the TPGs total disregard of truthful grading.Then add the schedule it self starting out with the 2000 and 2001 rolls that look ugly.Plus the unappealing designs for 2010.And I see a very lack luster year ahead with profits looking much worse then 2009.
This turned into a UHR discussion since the product schedule for 2010has minimal to be excited about. Personally it's hard for me to get excited about the currently featured Northern Mariana Islands Official First Day Coin Cover
Other than the late year gold liberty offerings, I expect old topics (UHR and even the '07 and '08 gold liberties) to continue to generate discussion.
When do we hear about the proof '10silver eagle?
Regarding the Proof 2010 Eagles, we'll probably be strung along until November at which time the Mint will pull the rug out from under us once again.
I see this pop up from time to time about the mint making a profit. Is this a gov't dept. that is required by law to make a profit? Now I am sure the Danbury Mint and the Franklin Mint have to make a profit to stay in business but never heard of a gov't agency required to make a profit. Most federal govt agencies are bloated, continue to grow rapidly at the expense of the taxpayer, employees are given large yearly pay raises (except for the military), and in addition the mint has manufacturing and production machinery costs. My point being that with all the expense involved we are lucky to get a coin only 25%above melt value especially like the ONE TIME ONLY UHR. Now the face value of a proof set is about 8 bucks but throw in the manufacturing and employee costs and 30 bucks for 14 special coins isn't bad. Prices could be reduced by tranferring expenses to some other budget so the bill is spread out over all taxpayers even though the collector benefits. Another way to reduce costs is to reduce the massive federal bureaucracy and exorbitant salaries inclucing congress but that idea ain't gonna happen.
2:28 PM I have to respectfully disagree. The Mint, while a government entity, makes more than its operating costs. You can look up the cost of manufacture for each denomination of circulating coin produced, on the Internet.
Now that said what exactly do they have to do to make coins for the collector? Make dies. The equipment is the same. They lower the speed and increase the pressure, put it in a lens they probably pay less than 50 cents for, then sell it to you, the collector for 3-4 times the face value (remember it doesn't cost face to make each coin).
Silver and gold eagle UNC eagles..what is the difference...a W on it! Yet they charge 1/3 more the price than the same price raw bullion coins sell for. Sure they get a pretty little velvet box. They buy these in bulk.
Proofs do take a little more effort. So they charge double what a raw silver eagle goes for or $300 more for 1oz gold...oh they are making a nice profit. How many salaries are covered when they punch out 5000 or more of these in a day (off one press)? I'd say they just paid half a dozen workers or more their salary for the year.
Speaking of which have you been to the mint? Not exactly a bee hive of manual labor going on there. They can make a small bronze medal and sell it for 3.95, metal price withstanding, why can't they do the same for eagles and buffalo's? I appreciate their skill and potential, but I'm not under any delusions about what it cost the collector.
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