Mint News Blog

News, Information, and Commentary on US Mint Products

Monday, January 17, 2011

Survey Results: Favorite 2010 US Mint Product and Coin Design

Just before the end of last year, I put together a survey for readers of Mint News Blog. This survey asked a brief series of questions looking back over US Mint coins and products of 2010, and looking forward to the coming year. An opportunity to make predictions was also provided.

In a series of four posts, I will report on the results of the Mint News Blog 2010 Survey. There were just under 700 responses from readers. Thank you to everyone who took the time to participate.

This was the second year for the survey. The first survey had provided some great insights and surprisingly accurate predictions. (See my post revisiting the results after one year.) I hope that this year's survey will provide a similar experience.

What was your favorite US Mint numismatic product released in 2010?

Top 5 Responses
2010 Proof American Silver Eagle 38.49%
2010 Proof American Gold Buffalo 11.87%
Other 11.72%
James Buchanan's Liberty $10 Gold 11.29%
Boy Scouts of America Centennial Silver Dollar 7.81%

The favorite numismatic product of readers was the 2010 Proof Silver Eagle, with 38.49% of the vote. The top result was not too surprising. In last year's survey, the cancellation of the 2009 Proof Silver Eagle had been voted as the biggest disappointment of the year. After this one year hiatus, the popular product made its return.

The release of the 2010 Proof Silver Eagle was not without some issues. One week prior to the launch, about 100,000 US Mint subscription customers received email notifications stating that the product was sold out and orders canceled. Soon after sales began, the US Mint discovered that about 2,200 orders placed via the internet had been deleted in error. Overall, the coins were available from the US Mint from November 19, 2010 to December 28, 2010. The last reported sales were 860,000 coins.

Other products in the top five for favorite product included the 2010 Proof Gold Buffalo with 11.87% of the vote, the James Buchanan's Liberty First Spouse Gold Coin with 11.29% of the vote, and the Boy Scouts of America Centennial Silver Dollar at 7.81%.

The "Other" category received 11.72% of the vote. The write-in responses in order of frequency included various America the Beautiful Quarters Sets, America the Beautiful 5 oz Silver Bullion Coins (this was not included in the choices since the numismatic version was not offered yet), 2010 Silver Proof Set, and various responses indicating "nothing."

Including only newly issued designs, what was the best US Mint Coin design of the year?

Top 5 Responses
2010 Lincoln Cent 19.42%
2010 Native American Dollar 14.78%
2010 Proof American Platinum Eagle 13.48%
James Buchanan's Liberty $10 Gold Coin 10.43%
Mount Hood National Forest Quarter 6.52%

The 2010 Lincoln Cent design attracted the highest number of votes for the best US Mint coin design of the year. The reverse features an image of the Union Shield with thirteen vertical stripes bound by a horizontal bar with the inscription "E Pluribus Unum". This symbolizes the original thirteen states joined together in one compact union to support the federal government. A scroll across the lower portion of the shield contains the denomination "One Cent" with "United States of America" above.

The 2010 Lincoln Cent reverse was designed by Lyndall Bass and sculpted by Joseph Menna. The design was chosen from a field of 18 original design candidates to symbolize Lincoln's preservation of the United States as a single and united country.

Coming in second place was the 2010 Native American Dollar, which features the Hiawatha Belt, a visual representation of the Haudenosaunee or Iroquois Confederacy. Closely following in third was the 2010 Proof Platinum Eagle, which features a blindfolded Justice holding scales and an olive branch.

Fourth and fifth place were taken by the James Buchanan's Liberty First Spouse Gold Coin and Mount Hood National Forest Quarter.

Only one of the 19 options included in the survey question failed to receive a single vote. This was the Franklin Pierce Presidential Dollar.

The results from the annual survey differ from a separate survey taken at mid-year for coins released up to that point. The 2010 Lincoln Cent and 2010 Native American Dollar traded the top two spots. The third, fourth, and fifth place coins were replaced with other 2010 coins released in the second half of the year.

Labels:

11 Comments:

At January 17, 2011 at 3:43 PM , Anonymous Anonymous said...

Well let me be one of the first to comment here. I was the one who asked how the survey was going in the last post, but never thought we would be reading the results the next day--great job Michael. As the results vary from one collector to another I was happy alot agreed with me as far as the 2010 proof Eagles, and the platinum coins went. It will be interesting to see how the rest of the survey turns out. Thanks for your time and efforts!!! Al in OH

 
At January 17, 2011 at 4:45 PM , Anonymous Anonymous said...

I too agree. Thank you Michael for being so prompt to display the results for all to view.

 
At January 17, 2011 at 4:50 PM , Blogger HBGuy said...

Excellent choices for the #1 and #2 favorites. Both are excellent designs. Kudos to the Mint, and this site's readers. Thanks, Michael, for publishing the results so quickly.

 
At January 18, 2011 at 4:20 AM , Anonymous Steven said...

It's obvious from the results that collectors still wallow in the past, meaning they either prefer the old designs or designs that remind them of old designs. Don't get me wrong... I love the classics, too, but let's move out of the early 20th century and into the new millennium, okay?

By far, the strongest design last year, both conceptually and aesthetically, was the Native American $1 reverse.

 
At January 18, 2011 at 5:44 AM , Anonymous Anonymous said...

Can't help it Steve. The more modern designs (or lack of intricate designs) simply has no "wow". Hey, some like brunettes, some like blondes. The swing to token-like coins may be rooted in cost related endeavors. Perhaps that's needed in today's economy. However the balance could be acheived if the Mint were to create formerly knock out designs for perhaps "numimatic related" offerings to appeal to that part of the population who still seek something above the junk. Junk is OK to be inserted in vending machine, supermarket shelf checkouts, and toll machines. But there's no reason why those who are pleased with Mint offerings which can be collected, viewed, and appreciated couldn't be accomodated as well. Afterall, numismatic coins on sale always come will a profit making margin, so why not give the people something that is desirable? Simple solution and easy fix!

 
At January 18, 2011 at 6:20 AM , Anonymous Anonymous said...

the result most likely tell the truth. and i agree.

 
At January 18, 2011 at 8:46 AM , Anonymous Anonymous said...

It would be interesting if the Mint made new coins that celebrates Native American chiefs...Red Cloud, Sitting Bull, Chief Joseph and Geronimo in silver.

High ho silver away...

Goldfingers

 
At January 18, 2011 at 9:54 AM , Anonymous Anonymous said...

Seconded @ Goldfingers .

 
At January 18, 2011 at 10:10 AM , Anonymous faye said...

Third to goldfingers, I love the silver rounds with the indian chiefs, I have a collection of them and would love to have a set from the us mint in 1oz.

 
At January 18, 2011 at 12:35 PM , Anonymous Anonymous said...

Wahoo! Thank You A-Mark! Finally someone did the ATB's right (though tediously sluggish). After giving up on the series, it's exciting to be back in the game!

 
At January 20, 2011 at 1:57 AM , Anonymous Anonymous said...

We already have modern currencies: digital currencies, electronic funds transfer, credit card.

Coins are from the classical and should stay classical.

Seconded @ Goldfingers

 

Post a Comment

Subscribe to Post Comments [Atom]

<< Home