2010 America the Beautiful Quarters Circulating and Uncirculated Coin Sets
The two remaining "new" product types for the America the Beautiful Quarters Program were recently released by the United States Mint.
The circulating coin set was released last week on November 19, and the uncirculated coin set was released November 23. These two products, along with the Hot Springs Three Coin Set released on November 17, comprise the three new products that the US Mint has been touting since May.
As discussed in earlier posts, these products seem to contain various America the Beautiful Quarters that are available through other products, such as bags and rolls or the annual sets. The coins are remixed into different sets, with packaging designs representing the US Mint's new brand promise and identity.
The 2010 America the Beautiful Circulating Coin Set contains one "circulating" coin each from the Philadelphia and Denver Mint for each of the five quarter designs released this year. The ten coins are placed into packaging, which allows the quarters to be easily removed for placement into other albums or boards. Sets are priced at $9.95 each.
Released today, the 2010 America the Beautiful Uncirculated Coin Set contains one "uncirculated" coin each from the Philadelphia and Denver mints for the five 2010 quarters. In the past, the US Mint has used the term "uncirculated" to refer to the satin finish used for Mint Sets from 2005 to 2010. The ten uncirculated coins are placed into a folder designed with the new branding. These sets are priced at $21.95 each.The release of these product types reminds of late 2007 and early 2008, when the US Mint rapidly launched a slew of new products for the Presidential Dollars series. This included separate uncirculated coin sets from the Philadelphia and Denver Mints ($8.95 each), a combined uncirculated coin set from both mints ($15.95), individual proof coins mounted on pocket sized cards ($5.95 each), Presidential $1 Coin & First Spouse Medal Sets (originally $7.95 each), Annual Uncirculated Dollar Coin Sets (originally $31.95 each), and Historical Signature Sets ($19.95).
Ultimately, the individual mint uncirculated coin sets, individual proof coins, and historical signature sets were discontinued, and the annual uncirculated dollar set has been canceled for two years running. Only the combined uncirculated coin set and the Presidential $1 Coin & First Spouse Medal Sets remain. The US Mint also eliminated the 250-coin bags that were initially available for each Presidential Dollar.
Will there be a similar whittling down of America the Beautiful Quarters products if the present releases fail to resonate with collectors?
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Labels: America the Beautiful Quarters
posted by Mint News Blog @ 12:45 PM
27 Comments:
$21.95 for $2.50 in quarters ROFLMAO. What a complete ripoff. If anyone falls for this stupidity they deserve to get what they pay for CRAP AS USUAL !!!!!
OK, I think that's been thoroughly established.
I spend a lot of time and effort writing each post. Even for routine or less popular products, I try to bring some type of insight or additional information to keep things interesting.
I appreciate all comments, but please try to remain constructive and respectful.
It appears the mint is trying to generate a new type of collector. One who collects packaging. How many of us will ever be able to say "Hey, I've got a complete set of all the mint packaging."
Definitely not me! :)
I do like the Presidential Dollar Coin & First Spouse Medal Sets. They are an attractive item (to me, anyway). I just hope that they continue beyond Lincoln. The Mint sure hasn't reported very many sold recently. Under 10,000 for both Tylers, with similar final figures extremely likely for the Polk and Taylor sets as well? Plus, the 2010 sets have not really fared any better. Lincoln will likely sell more (provided the Mint doesn't declare it "sold out" at around 10,000 units). Man, if that happened it should be a gold mine for those who bought them early!
So, the questions I still have are; Will the "Uncirculated ATB Sets" be the only source for Satin Finished Coins in the future and will all Satin Finished mint sets go away this year?
Michael,
It must be tough sometimes writing these entries for your blog with the frustrations alot of feeling right now with the way the Mint is operating. This is by far the most informative numasmatic blog out there so don't get discouraged. The Mint seems to keep moving farther and farther away from collectors while keeping their prices inflated. I for one have had enough. It's like the pat downs by the TSA. We're not taking it anymore! I have cancelled all my subscriptions and will do anything I can to obtain coins I want from anywhere but the Mint. With shipping those 10 uncirculated ATB quarters are $27! It is absurd. I think the low sales figures, especially relating to the ASE proofs, are a definite sign there are collectors sitting on the sidelines from these Mint offerings that are neither exciting or have any real value.
Michael, you do a great job. It keeps me informed and is a worthwhile site. And yes, I have vented on here a couple times. Keep the faith, I can't wait until I read on here the 'BIG" silver quarters are on there way. Again, Thank you for a job well done.
If they are going to discontinue minting satin finish coins in general, then they may be planning to keep the quarters as the only satin coins, in which case these sets make sense. I for one wish they would either return to giving us circulation strike coins in the uncirculated sets and/or elevate the satin finish coins to full proof status. The only thing the satin coins need to qualify as proofs is a second strike. Of course, they would have to handle them better so we wouldn't get nicks on our proofs. I think it is a good sales idea to offer the quarters sets because there are a lot of quarter only people out there and why spend for a full set when you only want the quarters. What they can't do is start minting brilliant finish SMS sets that contain coins that can't be distinguished from high grade circulation strikes. That would be a numismatic nightmare.
Here, here! (or is is Hear, hear! ??) in anycase, i am a small potato's collector. i can afford a nice coin once in a while, so i save up, and invest wisely. Michael, i hit this blog every day. i may not read all the comments, but i read what you write without exception. if it weren't for your posts, there would be some coins that i might not have had the opportunity to obtain. I do appreciate that the posts are on varied coins, and offerings. so, thank you for all you do!
With the price of most mint products so expensive now, my guess is they are trying to add things that cost about $20 or less for the less wealthy collectors.
Michael, I also want to line up and express my appreciation for all you do. I agree with the previous posts - your blog is a welcome gift to the numismatic community, and it is far superior to many other similar blogs, thank you for all the time and effort you put into creating and maintaining this blog. While we may not tell you as often as we should, I and many others appreciate all you do. Finally, I want to wish you and your family a very happy and safe Thanksgiving.
TMM
Mint sets are nothing but a novelty. Don't buy anything from the mint unless it has precious metal in it. History has at least taught us this.
1999 - 2009 US MINT SILVER PROOF SETs complete 11 YEARS (Current Retail $655.00) * Issue Price + Mint Shipping = $462.90
1999 - 2009 US MINT CLAD PROOF SETs complete 11 Years (Current Retail $349.00) * Issue Price +
Mint Shipping = $328.80
1999 - 2009 US UNCIRCULATED MINT SETs complete 11 Years (Current Retail $250.00) * Issue Price + Mint Shipping = $248.90
Note: Dealers buy from the private collector at dealer wholesale and sell at Retail.
Mint issue price on the 1999 to 2009 was actually 306.90 with shipping. And I believe a little bit less because shipping wasn't always 4.95 if I remember correctly. I saw a set go for 165.00 for the 1999 thru 2008 today with 10.00 shipping.
This is pretty clear proof that buying from the US Mint on collectibles is usually in most cases a lose lose scenario.The redbook values the complete set at 476.00. This kind of begs the question of who writes the redbook and who do they write the redbook for. It's obviously not to protect the collectors investments. Kinda makes you wonder where R.S Yeoman and Kenneth Bressett are coming from huh?
I personally can not see 21.95 for 2.50 worth of quarters and really do appreciate your report to everyone Michael. But at some point and I really believe this as being the point. One must sit back and say that the value in this set is just not there.
You know what would be the most hilarious scenario. No one buys these sets and the mintage is so low in the end that they go to 100.00 for 2.50 worth of quarters. That is just the exact kind of insanity that I will never understand about collecting.
Constructive and respectful is always something that is deserved for people who earn it which I believe you do Michael. But there are those in the business that are quickly becoming known as out right rip off artists. And I believe I could name many other names. But I'll keep my mouth shut for now. Cough Cough (TPGS). Ok enough said LOL.
The 1999 to 2008 set I was speaking of was a complete proof set. Not just a state quarter proof set. Wow ! thats a pretty big lose huh?
If ever a subject matter lent itself to the possibility of beautiful design elements it is this series. Why not some illustrations, photos, artwork?
With 'beautiful' as the middle name of this series, I find it incredible that they decided on plain black and white packaging!
Michael, A Very Happy Thanksgiving to you and your family. Thanks for your blog.
+ God Bless +
Black and white printing is much cheaper then full color. CHEAP being the key word here. America the Black and White. Hmmmmm do you think it might be some kind of message to the people. Like they are going broke. Oh what the heck just print up 600 billion more so all the politicians can get a nice Christmas bonus while they screw the average Americans who pay their bills.
I just received my post card from the mint announcing the sale of the 2010 proof ASE. I must say it is a beautiful card. I have decided to start a collection of these cards. As they come in the mail collection cost is minimal and I will eventually have a nice set of cards showing the ASE proof as long as they continue yearly production. If they discontinue production again then I will have a unique one year card for 2010. I hope everyone is throwing away their cards as I would like to see a low number of these available to drive up their price in the aftermarket. Anyway HAPPY THANKSGIVING TO MR. ZIELINSKI AND ALL THE COMMENTERS HERE.
My ASEs arrived with pieces of thin white plastic (from the holder) encased in the holder on both sides for most coins, so they are going back for some other collector to have.
Got my proof 3 ASE's today , look great (no plastic as mentioned above). Happy Thanksgiving to all here..
The Mint says that Internet orders for 2,200 proof silver American Eagles placed from the Nov. 19 sales openings until 7:30 p.m. Nov. 21 were accidentally deleted.
http://news.coinupdate.com/us-mint-deletes-proof-silver-eagle-orders-in-error-0549/
....working on a post for here.
My ASE proof announcement post card from the mint has a small almost unnoticeable dog ear on one corner and the barcode ink is smudged slightly above the address. Is this normal or should I return the post card and ask the mint to send me a new one? Wishin' ya'all a Happy Thanksgivin'.
Well I appreciate all the help you have given in the past Mike. Without your help I wouldn't have put in an extra subscription for the 2010 ase early enough to receive them already. Been following you for years. I'm amazed that when all the 2008s went down (see blogs from late 08) there are only a few comments. A blog or two ago there were up to 90 comments. More people read this blog than any other and you have helped sort out the uncertainty in the collecting market. Our hats off to you keep up the good work. Al in OH
Has the mint said anything about the satin finish or are we just waiting till next year to see if this is another rumor?
I personaly like the uncirculated satin sets. How else can someone tell the difference between a good circulating coin and a uncirculating one?
Re' the report about the Mint losing thousands of orders for 2010 ASE Proofs:
On Fri. 11/19/10, I ordered online, but when I got to the final step the page went blank/white, so I called cust. serv. and she said it in fact had gone through but was in "suspension", and to call back in 2 hours.
I did that but they now had no record of my order # and told me to call back Monday. They still had no record of my order on Monday, and asked me to wait another day or two and call back again! Grrrr!! So I told her to CANCEL my first order and I gave her a new order over the phone.
That second order finally showed up under my account with them yesterday and says "expected to ship on 11/26".
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