Ulysses and Julia Grant Presidential $1 Coin & First Spouse Medal Set
Today, July 7, 2011 at 12:00 Noon ET, the US Mint will begin sales of the Presidential $1 Coin and First Spouse Medal Set featuring Ulysses S. Grant and Julia Grant.
The product includes one uncirculated Ulysses S. Grant Presidential Dollar and one Julia Grant Bronze Medal mounted on an illustrated plastic card. The back of the card contains issuance information.Each set is priced at $14.95 plus applicable shipping and handling. This price is up by $3 from the $11.95 charged for last year's releases and up by $7 from the price of $7.95 charged in 2007 when the product line was introduced.
All of the 2010 releases featuring Millard Fillmore, Franklin Pierce, James Buchanan, and Abraham Lincoln still remain available for sale at the US Mint, priced at $11.95 each. The first release of 2011 featuring Andrew Johnson is also for sale at $14.95.
After today's product release, there is nothing else on the US Mint's product schedule until the July 27 release of the Gettysburg National Park Quarter 3-Coin Set. This slower month might be a welcome break following two very busy months, which have included the release of the uncirculated Gold Eagle, proof Platinum Eagle, proof Gold Buffalo, proof Silver Eagle, September 11 National Medals, and three different ATB 5 oz. Uncirculated Silver Coins.
Coin Update News: How to Buy from the U.S. Mint in Person
Labels: Pres Dollar and Medal Sets
posted by Mint News Blog @ 4:44 AM
105 Comments:
I think the sales numbers the Mint reports for these sets must be way understated. All of the 2009 sets have much lower sales figures reported than the 2007's, but you can hardly give the 2009 sets away. The 2007's on the other hand still command big premiums. The sheer number available for sale tells the story, as there is no shortage whatsoever of the 2009's but the 2007's appear pretty rare.
With supposedly less than 10,000 made of most of the 2009 sets, how can they be so worthless while the 2007's (with several thousand more of each) be so valuable? Is there really only demand for the first year sets? That seems highly unlikely.
Jackson and Van Buren bring 20-30 each while Monroe and Adams sell over double their issue. Not bad, 75-80 on a set that cost $36.00 from the mint.
Those are the 2008 sets, and they never even had any sales numbers reported. The 2009's had reported sales numbers, supposedly much lower than the 2007's, but they aren't worth much of anything. It makes no sense. The numbers have to be wrong.
Michael, Just wondering if there is any word on the Mint issuing an uncirculated dollar set with the burnished w-ASE this year. Thanks!
To poster @ 8:54... I was wondering the same thing, I collected the sets for the 2 years they were offered, it would be nice to have them available again.
GC ATB shipped !!
US Grant!!!! Love how he stomped all over the Confederacy!!!!!
US Grant!!!! Love how he stomped all over the Confederacy!!!!!
July 7, 2011 10:17 AM
Not the so-called Civil War; rather it should be The War of Northern Aggression
Wouldn't touch these with an eight foot pole!
The most important consequence and event was that the Union was preserved and we became a strong, kind, benevolent, and tolerant nation - yes under God, the way He wants it.
JA,
Are these sets one of the items you bought in years past and later regretted? I figure I'll buy about 6 of each of the 2011 sets (one for me and five extras in case of secondary market value), but I want to wait until all four are released so I can just order them all together for one shipping charge. If this year works out like 2010 for these sets, that shouldn't be a problem.
Now that I've said that, watch the Mint pull these off sale early. Their value would then jump and I would find myself empty-handed. Sometimes it seems I just can't win.
@July 7, 2011 11:31 AM
My experience wasn't so much with these sets as it was with the Presidential proof sets which started out at $14.95 I believe in 2007 and whose price has continued to climb.
Like a sucker, I bought a TON of them in 2007-2009 and now I'm having the worst time trying to unload them.
I saw a 2007 Presidential proof set sell for $8.97 just this week on FeeBay. If you figure in all the fees, the seller got a small fraction of the $14.97 he paid for the set.
But I blame no one else but me for this folly.
If you decide to keep buying, my best advice is to monitor the market prices. If they turn south at some point, UNLOAD as soon as you can.
I have about $1500 of sets that I'll be lucky to get $500 for.
Yeah, losing so much money on this junk really sucks, doesn't it? I keep trying to remind myself that I made a ton on other items in years past that more than makes up for any losses now, but it still sucks. I just can't wrap my mind around taking losses, sometimes even on pretty nice stuff. The 2009 uncirculated coin sets with the 8 copper pennies is a really nice set. It pretty much sells for less than issue price now, despite the unique cents and a pretty low production for an uncirculated set. I can't bring myself to lose money on such an item, so I'll hold them for now. I'm only 39 years old, but if something happens to me before the sets are gone, I guess it will be someone elses' bother. They'll probably just crack them open and spend the coins at face!
The James K. Polk dollar coin rolls and Guam quarter bags are basically good for nothing more than being opened up and redeemed for face value, although I have not taken that plunge yet. Stupid, stupid me for chasing fads!
You have to be very choosy and like many have said before me "strike while the iron's hot".
My investment in the Prez mint rolls and state quarters is another tale of huge losses.
I hate losing money on anything and I take full responsibility for my dumb actions.
But still, like you I try to compensate by reminding myself of the other products I have made money on.
This may not be the same thing but about 6 years ago I sold 8 original 1986 ASW proofs for all of $85. You can well imagine me pulling my hair out now. They were in great condition and would grade min PF69. Something to think about - waiting till the time for these coins in your collection comes due.
Check out the fight over the 1933 double eagles in an article on Yahoo !
http://news.yahoo.com/blogs/lookout/family-fights-government-over-rare-double-eagle-gold-151853030.html
Grand Canyon ATB SHIPPED!!
Why didn't the Mint do a "last chance" sale this year, so they could put the slow-selling old products out of their misery on 6/30? That might have helped preserve a little bit of value for this junk.
I wonder how long the 2010 coin/spouse medal sets will sit in the catalog, hurting any chance of their ever having any value more and more with each passing day? The 2009 sets that had not already been declared "sold out" (Julia Tyler, Sarah Polk and Margaret Taylor) were all halted on 6/30/10. Despite that, they don't have any real value. How much more will it hurt the 2010 sets if they sit there for years?
I see a lot of sad stories here of those who bought gazillions of pot metal coins and sets from the mint and lost their arse. Buying pot metal coins for profit is very high risk.
Stick with the precious metal coins for increased odds as you at least have a very good chance that precious metals will climb. The example I use is the buffalo I bought in 2006 for 800 and was pulled up in value by the increase cost of gold to around 1600. About doubling my money in 5 yrs mostly due to metal price increases. I bought a roll of ASE bullion in '03 for 135 bucks when silver was 6 bucks an oz. and sold the roll a few years later for 180 and thought I really cleaned up. Whats a roll goin' for now? About 700 bucks or more.
As an aside I too bought several sets of 09 proof sets thinking the new pennies might drive up the value. Obviously not. But it turned out pretty good because I gave away most of the sets as gifts to delighted recipients not involved in the coin world.
Looks like we have some closet "flippers".
Nothing new for 20 days from mint. everyone take a nice break and get your blood presure down to ms70 over pr70
good one !
"With supposedly less than 10,000 made of most of the 2009 sets, how can they be so worthless while the 2007's (with several thousand more of each) be so valuable? Is there really only demand for the first year sets? That seems highly unlikely."
Could it be the 2007s were bought by the initial collectors, many of whom stashed them and lost interest in buying more, and the 2009s were bought by flippers now trying to find collectors. But few new people want to start if they can't get the first ones at a good price.
How is this possible? The coins below have the same NGC certification numbers but they are on opposite ends of the country. On epay.
200627692745
250851335737
Even the struck thru pattern and location is the same. It appears to be the same coin!
Someone must be lying about having that exact coin for sale. I smell "photo theft"!
I smell a worm! POP
Got notice this am that my ASE's have been shipped. Pretty good time.
do you have statehood clad quarter proof set?. you gonna get burn except 2008 set.
statehood
1999 - cost 13.95 - abp 6.75
2000 - cost 13.95 - abp 2.50
2001 - cost 13.95 - abp 8.25
2002 - cost 13.95 - abp 4.00
2003 - cost 13.95 - abp 2.75
2004 - cost 15.95 - abp 3.00
2005 - cost 15.95 - abp 2.50
2006 - cost 15.95 - abp 4.00
2007 - cost 13.95 - abp 4.00
2008 - cost 13.95 - abp 22.00
territorial:
2009 - cost 14.95 - abp 7.25
Pop, pop, pop!
Gold and silve on the rise!
Grand Canyon ATB 5oz, now selling for $95 over melt.
Pop...Pop...Pop...up, up and away!
Thank you crappy jobs numbers :)
I noticed this morning the Yosemite 5 oz silver coin now states "none" under the order limit heading. There's still a limit of 1 for the Grand Canyon though.
Isn't it kind of strange that a coin that has been wait-listed for so long now has the order limit removed? If the coins have really been sold out for as long as that, what does removing the order limit now matter?
I still think the sell out was baloney, and the Mint is just trying to clear out the remaining inventory now.
GC ATB shipped today !
Will UPS deliver on Saturday?
it's popping right now...
UPS does not deliver on Saturday. You'll have to wait until Monday. Mine came today. Beautiful!!
No limits on Yosemite!!
Anyone can order 20 coins now....
Funny that sales say 27k and now no order limits?! Something is not kosher...
The Mint's calling their own bluff!!!
Mt Hoot's gonna take till Dec to sell out if anyone even wanted one anymore!
If silver creeps up a bit more to say $38/oz and for sure at $40/oz, the ATBs will be selling lot hotcakes!
Silver's gonna make 30/oz first before rebounding... POP POP
This set is only really worth $1.50 at most, you have a dollar that is worth face and the medal that might be worth 50 cents.
When you buy from the Mint, assume clad is worth face value and precious metals are worth melt. Any appreciation is gravy!
Mmmm.....gravy. Homer Simpson
American don't like 24k gold coin. they prefer 22k instead.
37,796,899 piece of 22k American eagle gold coins. composed of 1 oz, 1/2 oz, 1/4 oz and 1/10 oz. also came with proof, reverse proof, burnished, and bullion uncirculated.
only 4% or 1,632,945 piece of 24k american buffalo gold coins were produced.
i wonder why?.
Simply put; Americans dun like gold!
Maybe they like Silver ? POP
I would like to see some more fractional 24k buffalo coins but then my low mintage 2008 1/4 & 1/2 might not be as desirable.
Also, my G.C. 5 oz has been on "reserve" for two days now. I order one within 30 minutes on day one and the second on Thursday with the proof ASE. Sometimes the mint has shipped UPS and others USPS. I don't know what the hold up is but I think they must be going out USPS this time since somebody stated that they have already received theirs.
The Mint usually uses UPS for physical addresses, and the USPS for P.O. box addresses.
I wonder how many people know the order limit for Yosemite has been removed? I don't even know why I bothered to check it. Morbid curiosity, I guess.
I ought to order several more of them now, and if the order is filled I'll know the waiting list was bogus. But, with my luck the order would be filled, but with crappy-looking coins returned by other disgrunted buyers!
I couldn't help myself, I ordered 99 just to see if it would take. Just might do it again in a few hours.
HELLOOOOOOOO !!!! Yosemite is on a waiting list. DUHHHHHH !!!!!! Why anyone thinks they are getting any is incorrectly observing the US Mints listing. Show me where it says a order limit has changed.
"When we place your order on the waiting list, we will send you an order receipt. This is not a guarantee that you will receive your order. If we are not able to fulfill your order, you will receive a cancellation or sold-out notification. If you paid by check, you will receive a refund."
What part of that do you not understand?
I believe the US Mint has left the Yosemite orders open to conduct a survey for the 2011 uncirculated issues.
If 50,000 orders go in. It is highly likely that the 2011s will go to a higher mintage then the 2010s.
I hardly believe that anyone will get more then one Yosemite per order.
Why people love to give wrong info is beyond my understanding.
Ordering Limits:
None.
Mintage Limits: Mintage Limits:
The 2010 America the Beautiful Five Ounce Silver Uncirculated Coin - Yosemite National Park - is limited to a total mintage of 27,000 coins.
Program Information: Program Information:
These are special collector versions of those issued through the United States Mint America the Beautiful Silver Bullion Coin™ Program and are available in limited mintages -- so don't miss out!
These three-inch, five-ounce, .999 fine silver coins replicate each of the designs featured on the United States Mint America the Beautiful Quarters Program® Coins, which are authorized by Public Law 110-456. The United States Mint will issue 56 quarter-dollar coins featuring designs depicting national parks and other national sites as part of this program. Five America the Beautiful Five Ounce Silver Uncirculated Coins will be minted annually and released in the order in which the honored site was first established as a national site, with the final coin issued in 2021. .
Purchasing Information: Purchasing Information:
To: HELLOOOOOOOO !!!! Yosemite is on a waiting list. DUHHHHHH !!!!!! Why anyone thinks they are getting any is incorrectly observing the US Mints listing. Show me where it says a order limit has changed.
If you can't find it on the Yosemite page...you are not looking. It's plan as day...see above post "NO LIMIT"
But I agree, it's a mute point...I don't think anyome ordering even 1, much less 20, well get any.
LOL good luck getting more then one per order.
Not gonna happen !!!!!
What part of this notice do you not understand.
"Waiting List Notice: The number of orders we have taken meets the maximum limit for the 2010 America the Beautiful Five Ounce Silver Uncirculated Coin™ – Yosemite National Park Coin. You may still place an order for this product, which will go on a waiting list. If a product becomes available due to an order cancellation, we will fulfill orders from the waiting list on a first-in, first-served basis. We cannot provide information about your position on the waiting list."
Yosemite went on a waiting list status on 6/23...it's been over two weeks now....what's up with that?
The US Mint is simply letting orders role in to do a survey for the 2011 ATBs
roll even.
Lets roll
Well if that's the case and you really believe that then order 99 like I did, should drive up 2011 production, which has probably already been minted anyway. BTW, I just ordered 99 more and they took. If this is a survey it sure isn't scientific.
@ 4:12 p.m. "But I agree, it's a mute point..."
I guess that means you can't hear it. lol
But then again, maybe, that's just a moot point.
What? I couldn't hear you! My bad on spelling
Many people may be returning these ATBs.
Maybe it's a government role call to see how many people will actually order more then one lol
I gor a little shock this eve when purchasing some last minute groceries at a local strip mall. Total was $10.59. I paid with a $5 bill, a single bill, 4 presidential dollar coins and .60 in change. I was informed by the cashier that they no longer accepted dollar coins.
Is it even legal for any U.S. business to refuse dollar coins as legal tender? Should I refuse to take my business to ANY business that refuses to do so? Any thoughts on how I shoiuld deal with this in the future?
I would appreciate any helpfull guidance from clever and/or learned readers.
"Is it even legal for any U.S. business to refuse dollar coins as legal tender?"
Dollar coins are legal tender just as paper dollar bills are. If a business refuses to accept the coins in exchange for goods or services, the goods or services are yours to keep. Once you've offered the coins in payment for the goods, if the business refuses them, you can take the goods; they are as good (no pun intended) as yours.
Why do you guys have to speculate what the Mint was trying to do by removing the limit order and yet still maintaining the waiting list. You think too far. The US (government) Mint is too stupid to do that kinda thing. They aren't even aware of what happened with their website. I remember they sent the UHR by just leaving them on my front porch. I bet they lost a lot of shipment.
Addendum to my comment of 7:41 p.m. re: legal tender.
In 1965, the United States Supreme Court confirmed that all US-issued money, both paper and coin, is legal tender and therefore must be accepted for debts in the country, while foreign money is not.
Try to buy gas at Sams Club with money, paper or coins. The don't accept any form of currency, plastic only and has been forever.
"Is it even legal for any U.S. business to refuse dollar coins as legal tender?"
http://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx
The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
I’ve never had a problem using coin dollars in the US mainland. I live in the US Virgin Islands and I use these coins daily. Unfortunately most of the minimum wage employees working the cash register can’t even make change in their head the way I used to when I was working that type of job, the point is most of them don’t know what & haven’t seen a coin dollar, (Ike, SBA or golden) but they still take them.
The only place I always have problems spending coin dollars is when shopping at our only stateside retail outlet KMART. They must set the hiring bar really low because I always need manager approval. Once a manager said that it was the store's policy not to take them right before she said, “I’ve never seen these before”, so how do you know it’s the store's policy??? Fortunately they do have managers who know about money. Last, many people that see me using them offer to buy them from me.
I received my proof 2011 American Silver Eagle today. A beautiful coin.
I would call it a PR70 coin. But of course, what the grading companies might say is a different story....
I was at my credit union (westerra) in Denver recently, and they refused to accept a small handful of coins - I was the only customer at the time, the air conditioning was on full blast, the music was playing softly, everyone was comfortable, slouched in their chairs and relaxed - they just didn't want to work!
after studied all factors. i think only the 2010p hot springs is the winner. by next year or so. it will be clear. 2010p hot springs could run up very high. others. should traded near or a little below bullion value.
How can you even make a silly prediction like that before the entire 2010 series is even sold? What if there's a super quick sell-out of Mt. Hood? Nice try but you have no clue what you're talking about.
OK, how about my prediction that all ATB will be trailing bullion prices. Just like anything else except a few US Mint coins like 2008 Buffalo, UHR, Lincoln Chronicle, 1995 W ASE and......can't think of more, they all trail the metal they are made of.
Considering so many million coins minted everyday, it is a safe prediction to make.
I'll take that bet.
Hey, I like coin predictions and I also like reading the basis for the prediction. If we can read the basis for the prediction then we have something to think about and can respond for or against with our own reasoning.
It's really very simple mathematics. A coin is only worth what someone is willing to pay for it.
apmex is buying some common modern date coins at below bullion value.
1. common date first spouse first four issues at $15.00 below melt.
2. common date modern commemorative silver dollar at $2.00 below melt. half dollar at $1.50 below melt and $5.00 gold at $15.00 below melt.
What is a 2008 Buffalo and please tell me when and where I can ever buy an ATB 5oz coin for less than bullion price - the AP's can't even get them for bullion price unless they buy from individuals who are foolish enough to sell them at such a low price.
even the apmex buy price for ATB raw coins is above spot price - though I know they have minimum buying restrictions
2008 Buffalo is the gold buffalo coin issued in 2008, actually 4 of them in different sizes.
Since the APs were required by the mint to sell the 5 oz 2010 ATBs for cost plus a reasonable commission, some might still have some left that they have to sell at that price which is below today's melt.
And then you woke up and saw god ROFLMAO
ATB selling for below melt... Why would anyone sell silver for less then silver ESP if it 999 purity???
---------------------
This is the most silly remark I've read in a while.... Please go and get a clue or quit posting rubbish on the blog.
@ July 9, 2011 7:22 PM
You are an immature man. How old are you? Whatever your age, you have the mentality and maturity of a 4 year old.
Or perhaps that number reflects your IQ.
The US Mint's 2011 Scheduled Products Listing web page now shows that 2010 America the Beautiful Five Ounce Silver Uncirculated Coins™ – Mount Hood National Forest (NP5) will become available on July 28.
Yeah, it's showed that for a while now.
I think the ATBs will command large premiums in the future, maybe in a year. Hot Springs just sold on ebay for $370 and Yellowstone for over $350 (14 bids each!). Gettum while you can! 27k mintage is not a lot.
"And then you woke up and saw god ROFLMAO"
@ July 9, 2011 7:22 PM
I must say, I really enjoyed that remark. It made me laugh and I am a very mature man...well into my sixties and a reverend.
LHL
Please grow up!
You maybe 60 but your thinking is still too inmature for your age.
You guys can roll on the floor all you want but it is still possible to buy the 2010 ATB set for $862.70 which is $2 an ounce under melt from Jefferies Bache (formerly Prudential Bache).
You have to open an account and send a copy of your drivers license and give your SS# on a W-9 form, but if you can't handle that then go buy them for $1300 on Ebay. Your choice. Man up, you sissies.
Hey, Anonymous at July 10, 2011 3:47 PM, you are a one-trick pony. You make the same comment over and over and we are all sick of it. Come up with something new or just leave us all alone. We don't care to read your same post over and over without anything to back it up. Take your loser self somewhere else and leave this blog to those who have real comments to make. Thanks.
Signed, the rest of us
Cool it down boys and girls, donot attack each other with stupid comments or u know Micheal might put a stop to it, i really like this blog so please just talk about coins, any coins u want, any prediction u wana make about a coin,is better the political or personal comments, Thanks a lot
Amen.
LL
u r all correct... silver and gold are good to aqcuire if you can. i'm in Japan and have witnessed the devistation wreaked by the earthquake and tsunami. those poor souls are still recovering in ramshack buildings, gymnasiums and schools, with no food or AC moreover the radioactivity poses a major health threat to a large part of japan. silver, gold and other coins r a good hedge against disaster, now that not only the wars we are engaged in, but also climate change, so i will invest if i can.
You guys can roll on the floor all you want but it is still possible to buy the 2010 ATB set for $862.70 which is $2 an ounce under melt from Jefferies Bache (formerly Prudential Bache).
---------------------------
Nice try kid.
You shld buy all the ATB u can at that price now.
The "waiting list" notice for Yosemite has vanished, and the coins are still for sale with no order limit imposed.
What gives?
Yeah, I just noticed that about the Yosemites. All it means was that their wait-listing stunt was pure bullshit.
Don't get me wrong, I'm a big fan of these coins, but that was just a dirtbag move by the Mint to move their product.
I bought one for $862.70 from Jefferies Bache (plus $65 shipping but still a good deal). Packaging was the worst of all APs, but they arrived in good shape.
"Packaging was the worst of all APs, but they arrived in good shape."
Can you be more specific please? What was bad about the packaging and more importantly, how did the coins look?? That company claims to take them out of the tubes and ship the coins. They are not dealers and claim they won't cherry pick. Thanks for any added information.
65 USD for SHipping?
Seriously, what's the point of making the coin look cheap by transfering the costs to shipping?
"$65 USD for Shipping?"
That's about what all the other AP's charged for shipping. About half the amount is cost for Registered Mail with insurance and the little bit left over goes in their pocket. Still a great deal.
"Can you be more specific please?"
Other APs shipped them in a small box inside a big box, or with lots of cushioning in a big box. These guys jammed the 5 bubble pack envelopes into a tiny $5 flat rate shipping box. Could have been mangled in transit, but they survived and were in the top 25% of quality of the 12 sets I got from all the APs.
"Seriously, what's the point of making the coin look cheap by transfering the costs to shipping?"
What they did was hand the coins off to another company and that other company makes the profit on the shipping. I have wondered if there is a kickback. There must be something for the gift of being able to charge $65 each to ship 3000 packages, maybe paying $15 for the bubble envs. and the postage with insurance. $150,000 profit for the trouble.
All of the comments from people who say they bought 3, 6, 12 or any other number of sets from AP's shows why the 5 oz. coins are not selling as well as expected. The same people bought a lot of the 33,000 2010 bullion coins, so the true collector base is smaller than people thought!
Now with the "numismatic" version of Yosemite being sold with no order limit and no "wait list", it's really starting to appear that the P versions of the 5 oz. coins are going to die.
Since the 2010s were only available through the APs, and most collectors had no idea who those were or how to order, the ability to get 3, 6 or 12 by some people does not really measure the collector base. On Ebay people were willing to pay $2700, $2500, $2000, even while one could buy them for under $1000 from an AP.
I wouldn't have known about all the AP contacts if I didn't read this wonderful blog!
We'll see in a year or two when collectors see these in coin shops and coin shows how much demand there will be. I personally think they are the neatest coin issued in my lifetime and plan to build up 2 complete sets for my sons.
It is already clear that the 5 ounce silver P ATB coins are following the pattern of the gold first spouse coins.
Initially, there was a quick sell out of the first two releases, then a near sell out of the third. Afterwards, demand and sales plummeted.
It should be interesting to see what the future holds for the series.....
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