tag:blogger.com,1999:blog-4433024393760369647.post7684436708918248627..comments2023-05-05T02:34:17.002-07:00Comments on Mint News Blog: Survey Results: Favorite 2009 US Mint Product and Biggest DisappointmentUnknownnoreply@blogger.comBlogger28125tag:blogger.com,1999:blog-4433024393760369647.post-12601807268850084582010-01-27T17:20:30.652-08:002010-01-27T17:20:30.652-08:00Great coverage of the 2009 Mint products and the c...Great coverage of the 2009 Mint products and the coverage of the 2009 Lincoln Release Ceremonies. I have ran across sombody selling certified complete sets of all 4 Lincoln release ceremonies MS-66 of MS-67. Google it or try Ebay.Unknownhttps://www.blogger.com/profile/16431004658981781539noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-31660594342821716592010-01-14T15:16:50.834-08:002010-01-14T15:16:50.834-08:00I am glad to see I am not the only one infuriated ...I am glad to see I am not the only one infuriated about this Mint's total disregard for the collector. With all the gold and silver they put into their junk coinage, for those idiots to even attempt to justify their actions as reasonable, is quite unbelievable. But that is all part of the retarded people who end up in D.C. I will never have any dealings with this Mint after the silver eagle cancellation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-67940414776011171012010-01-14T11:49:14.520-08:002010-01-14T11:49:14.520-08:00"Michael, can you please look into the 2010 L..."Michael, can you please look into the 2010 Lincoln cent ceremony launch and post information on the location.I believe it is to take place on Feb 11th at the capital building in Lincoln,ILL."<br /><br />This article states that the ceremony will be held on February 11, 2010 at the Abraham Lincoln Presidential Museum in Springfield, Illinois.<br /><br />http://www.sj-r.com/news/x1409370872/New-Lincoln-Penny-to-be-unveiled-in-Springfield-Feb-11Mint News Bloghttps://www.blogger.com/profile/15005852378363392557noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-1372287007598064642010-01-13T17:50:03.603-08:002010-01-13T17:50:03.603-08:00In regards the 2009 proofs, and all the other crap...In regards the 2009 proofs, and all the other crap that has been going on for the last year or so. If you have not figure it out by now, you would have to have your head buried in the sand. When it comes to the US Mint, can't you see that it is not about us, or the future of the collector that is of any importance to them. Now that they think they got us where they want us, the US Mints is only acting as you would expect a big business to act, that is in it's own best interest. Now with the tremendous influx of new coin collector, it no longer has to give thought the concern a handful of collectors especially since it has become obvious to them that there is a majority out there who would rather be exploited by the money-grubbing coin dealers out there. At this point I am all for a boycott, I figure on going back to the true roots of coin collecting, back to dealing with old rear coin, not these new fake made up and manufactured to be rare coin that are only rare because the US Mint choose them to be so especially if they know a profit can be made for them and their dealers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-55788976907140343012010-01-13T13:30:19.636-08:002010-01-13T13:30:19.636-08:00Thanks Brad for your detailed response to my x fac...Thanks Brad for your detailed response to my x factor question.I guess that is possible, but it seems strange that on that one particular president people decided to open up a large number of rolls. I would have to imagine that at least 5,000 rolls or more would have had to been opened to cause that kind of price increase. I buy coins as both an investor and collector. I like the coin market because I feel I have a pretty good understanding of what makes the modern coins go up and down in value. I guess in cases like these I have no idea what really justifies the current price of these items. I guess in a weird way it makes it a little fun that there may be some strange uncertain x factor that comes out every now and then just to spice things up. I am one of the hoarders of the 2009 spouse sets as I have 99 sets each of the Harrison and both Tyler sets eventually I would at least like to finish off and get the last two of the 2009 spouse sets to complete a 2009 set of 99 units. I have not sold a single set and yet the sold out Tyler still does not command any premium at all. It really seems that there is just no interest in it at all. The market is not flooded with them. Personally I find the history behind Tyler's second wife (Julia) incredibly fascinating. It is because of the history of Julia Tyler that I decided I would try to make complete 2009 spouse sets. <br /><br />She was introduced to President John Tyler at a White House reception early in 1842. They began seeing each other in January 1843, a few months after the death of the First Lady, Mrs. Letitia Tyler.<br /><br />Julia, her sister Margaret, and her father joined a presidential excursion on the new steam frigate Princeton. David Gardiner, along with a number of others, lost his life in the explosion of a huge naval gun. Tyler comforted Julia in her grief and won her consent to a secret engagement, proposing in 1843 at the George Washington Ball. Because of the circumstances surrounding her father's death, the couple agreed to marry with a minimum of celebration. Thus on June 26, 1844, the president slipped into New York City, where the nuptials were performed by the Reverend Benjamin Treadwell Onderdonk, fourth bishop of the Episcopal Diocese of New York, at the Church of the Ascension. President Tyler was aged 54; Julia just 24.<br /><br />The bride's sister Margaret and brother Alexander were bridesmaid and best man. Only the president's son, John Tyler III, represented the groom's family. Tyler was so concerned about maintaining secrecy that he did not confide his plans to the rest of his children. Although his sons readily accepted the sudden union, the Tyler daughters were shocked and hurt. The news was then broken to the American people, who greeted it with keen interest, much publicity, and some criticism about the couple's difference in age of 30 years. It was awkward for the eldest Tyler daughter, Mary, to adjust to a new stepmother five years younger than herself. One daughter, Letitia, never made peace with the new Mrs. Tyler. <br />After I told my wife about this bit of history she said that would make a great movie!Johnhttps://www.blogger.com/profile/01129571469503109892noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-5081275521958995222010-01-13T06:52:43.846-08:002010-01-13T06:52:43.846-08:00I totally agree with the UHR comments. There were...I totally agree with the UHR comments. There were less than 25,000 UHR sold after limits were lifted. Considering how many months after the limits were lifted you would expect continued sales even if limits were in place. I agree that the high price of gold kept orders down (even for dealers) and the dealers probably bought them in early months anyhow.<br /><br />The UHR if they do not make them again (which is what they say) will at some point be THE product to have.<br /><br />I also agree that PCGS and NGC slabing of the UHR that comes in a beautiful mohogany presentation case is TOTALLY STUPID and I'm sure in years to come folks will want the original packaging (with coin in it!) from the mint. Why don't they take the coins from the Lincoln Chronicles set and slab each of them! The idea of a slab is to make sure an old coin is what is says it is without alterations/ cleaning etc.<br /><br />I have no problem with lifting the UHR limits SINCE IT DIDN'T MATTER!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-89747972342953359302010-01-12T21:57:23.815-08:002010-01-12T21:57:23.815-08:00John,
I understand what you're saying. I'...John,<br /><br />I understand what you're saying. I've been puzzled too about the Harrison/Tyler discrepancy. Some have said that despite identical production, many of the Harrison special U.S. Mint rolls were opened up by those who bought them to search for higher quality singles than those which could be found in bank rolls. That is a complete false line of thinking, but that did not stop folks from trying. However, after the Harrison sellout and the value shot through the roof, many jumped on the Tyler rolls and hoarded them, hoping for a repeat of the Harrison scenario. It didn't happen, and now it's very likely that nearly the entire production run of Tyler rolls still exist sealed in their original white mailer boxes. I personally believe that this must be the true scenario, since if the Harrison rolls were still around in quantities near 30,000 rolls each, more of them would be available for sale. I know I would unload any I had in a heartbeat for the insane prices that they bring! Unfortunately, I did not buy a single one, not in the original offering period nor in the short-lived re-appearance of the rolls. I had no faith in them, and obviously it was a bad choice. I DID buy 10 of the Tyler rolls during their re-appearance period, and I'm still trying to get rid of 8 of them without losing money.<br /><br />Maybe there IS hope for the Polk rolls after all. As a previous commenter pointed out, the Van Buren rolls, despite being on sale for many months, are now commanding nice premiums on the secondary market. There were in the neighborhood of 40,000 rolls sold for each Mint, and the pair can now bring around $175. I think the Polk rolls will be taken off-sale soon, as they are approaching 40,000 each themselves. I guess the deciding factor will be how many people went back to their "pre-Tyler" ways of opening the rolls instead of saving them. Many Van Buren rolls were likely opened up for singles themselves. I only hope that Tyler did not kill that tradition.<br /><br />It could be too that one of the factors Michael mentioned in a post a few months ago is coming into play on these items: Who holds the mintage. That could be what is keeping the 2009 Presidential Dollar Coin and First Spouse Medal Sets low right now. I've noticed that despite the very low sales numbers, there does not seem to be any shortage of sets available for sale. Some buyers reported buying 99 sets of each. They're now in the process of trying to unload them, and the constant supply undoubtedly serves to keep prices at bay. It will only be after that steady supply is gone and sets offered for sale become few and far between that the values will jump. Despite much higher reported sales numbers, the 2007 sets simply don't show up for sale very often.<br /><br />I wonder if eBay sellers ever thought of trying to form some sort of collusive network to keep supplies artificially low to drive prices up? The owners of rare products could agree to only list one at a time on the site, so all buyers would flock to the only one available and fight over it. They could call themselves "ORUMPO", an acronym for the Organization of Rare United States Mint Product Owners"! :)Bradnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-70751477353681678092010-01-12T21:42:40.417-08:002010-01-12T21:42:40.417-08:00Maybe I'm missing something but with strict li...Maybe I'm missing something but with strict limits the UHR quickly sold over 40000 and many months later final mintage EVER is under 120000. Seems like the total mintage was kept way down due to the record high price of gold. Assuming gold will not tank (everyone suspects the Chinese will make gold continue to rise) the UHR will command a big premium in the next few years for its scarce beauty. I would never buy an un-slabbed original double eagle St. G. but I really believe new "fresh from the mint" with packaging will prove to be more desirable than slabbing!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-54437268274695842142010-01-12T21:32:25.365-08:002010-01-12T21:32:25.365-08:00Other than Washington, Lincoln, Bush, and Obama an...Other than Washington, Lincoln, Bush, and Obama and maybe Clinton I'll bet most people don't even know who the other presidents are. That could be the "X" factor mentioned right above along with the fact the coins are made of scrap metal. Imagine a roll of presidential dollars about the same size on 90% silver or even just a set of 4 silver proof and unc. for the collector. What a great opportunity missed by the mint for a magnificent collectable instead they have got people drooling over carnival tokens. That is a shame.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-65606872794410322922010-01-12T20:33:09.250-08:002010-01-12T20:33:09.250-08:00I'm sitting on a large quantity of 2009 spouse...I'm sitting on a large quantity of 2009 spouse medal sets and Tyler dollar rolls. Logic would dictate that they should rise, but I'm not really counting on it. There are people on this board who are going to preach the supply and demand 101 economics. I understand supply and demand and yet for some reason I feel there is some x factor out there that is decreasing the demand on these specific products. I just do not believe that there is some crazy Harrison dollar collector out there who is willing to buy those rolls at such a crazy premium. I guess I can almost understand why the 2007 first spouse sets are more popular than the 2009 sets due to the popularity of the first four presidents versus the 8th through 12th. But was Harrison that much more interesting than Tyler? The supply is identical so therefore it has to be the demand side. Harrison was president for exactly one month and then died in office. Tyler had a much more interesting life.I would be curious if anyone reading this has any guess as to what the x factor is?Johnhttps://www.blogger.com/profile/01129571469503109892noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-25977534063677472732010-01-12T17:39:19.147-08:002010-01-12T17:39:19.147-08:00Man, check out the link below. It looks like the ...Man, check out the link below. It looks like the Presidential Dollar Coin & First Spouse Medal Sets are back on the rise!<br /><br />http://cgi.ebay.com/JEFFERSON-PRESIDENTIAL-1-COIN-FIRST-SPOUSE-MEDAL-SET_W0QQitemZ390139772747QQcmdZViewItemQQptZCoins_US_Individual?hash=item5ad6247f4b<br /><br />There was also a couple of George & Martha Washington sets that sold for $106.99 and $98 today as well.<br /><br />How much longer do you think before the much lower mintage 2009 sold out sets start to see some appreciation?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-30511024511136793512010-01-12T17:10:13.027-08:002010-01-12T17:10:13.027-08:00Thanks, Michael, for all the time and effort you i...Thanks, Michael, for all the time and effort you invest to maintain this blog.<br /><br />The U.S. Mint would have paid thousands to obtain the survey results you generated. 800 responses is worth a second look.<br /><br />If we in the modern coin collectors community are patient, reasonable and not greedy, these results just might drive changes we seek.<br /><br />Again, thanks for doing what you do.EJLnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-43564405454161841342010-01-12T16:49:37.313-08:002010-01-12T16:49:37.313-08:00I think if it was not for the high mintage of the ...I think if it was not for the high mintage of the UHR's, this would have been by far the most popular product last year or in the last couple of years. I think many of us were extremely disappointed at the over mintage.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-74711769365031492752010-01-12T08:27:37.363-08:002010-01-12T08:27:37.363-08:00I live pretty close to Springfield, and I just mig...I live pretty close to Springfield, and I just might take a day off work to go to this event like I did last August. It will definitely be a cold wait, though! I wonder what possible snow or ice on that day could do to the Mint's plans?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-16005840336121179302010-01-12T08:20:01.774-08:002010-01-12T08:20:01.774-08:00wow it's a shame to see all the Batting cage t...wow it's a shame to see all the Batting cage token talk take over the results of the survey.But I guess anything is possible.I personally wouldn't give a plug nickel for one of those over rated presidential pieces of junk.But to each his own.<br /><br />On another note I totally agree with Grampa and perhaps the US Mint should take a good long look at the results of this survey.I predicted a lack luster year for the 2010 US Mint products.And I do believe this survey proves my point.<br /><br />I'm wondering if anyone knows about the new 2010 Lincoln ceremony launch on Feb 11th for the new 2010 cent design.If the turn out for the LP4 design is any indication of this ceremony.This one may be well worth going to.The LP4 design has faded out as far as availability due to the lowest turn out of all four designs.These stamp cancelled rolls have become extremely scarce now and may be picking up in price very soon as a result.<br /><br />Michael, can you please look into the 2010 Lincoln cent ceremony launch and post information on the location.I believe it is to take place on Feb 11th at the capital building in Lincoln,ILL.<br /><br />I knew the overwhelming pick for disappointment would be the 2009 cancellation of the Proof and burnished silver eagles.Wake up US Mint, it is not to late to loose everyone.Just do away with the 5oz piece of junk and give the collectors what they really want.Stop catering to the bullion buyers and start recognizing the people who have truly shown the US Mint what real profit is all about.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-39869035434105931682010-01-12T07:36:33.506-08:002010-01-12T07:36:33.506-08:00Totally agree Brad. I'm amazed at the amount ...Totally agree Brad. I'm amazed at the amount of 2009 uncirculated sets that have been broken up on Ebay. If the Mint discontinues it sooner rather than later, you may ALSO have one of the lowest recent mintages for uncirculated sets as well.<br /><br />Give this one time, I think its a winner long-term.Lasloohttps://www.blogger.com/profile/11869376645350635619noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-26116862198339180842010-01-12T07:33:47.034-08:002010-01-12T07:33:47.034-08:00Please submit the survey and the results to the mi...Please submit the survey and the results to the mint.<br /><br />Maybe it will provide them with a fresh perspective from the point of view of collectors...<br /><br />It would certainly be doing everyone a service.<br /><br />Good job Michael.<br /><br />GoldfingerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-21864982788324359302010-01-12T07:33:27.565-08:002010-01-12T07:33:27.565-08:00with the Polk dollar coin rolls, you never know. ...with the Polk dollar coin rolls, you never know. The Van Buren took forever to finally sell out (though most of the other 2008 rolls are still selling)... and boom... the D roll, I think, is going for $120 or so on Ebay.Lasloohttps://www.blogger.com/profile/11869376645350635619noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-16246885358611622142010-01-12T07:31:54.430-08:002010-01-12T07:31:54.430-08:00Normally, I can figure out the reasoning for somet...Normally, I can figure out the reasoning for something going high on Ebay... but the 2008 presidential set fluxoms me. I don't understand the demand part of the equation?<br />What makes this any more valuable than the 2008 presidential proof set? Aren't the ones in this set satin finish as well?<br /><br />I remember buying a couple back in 2008 and breaking them out to put in airtites. Ugh.Lasloohttps://www.blogger.com/profile/11869376645350635619noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-81815392780373517852010-01-12T06:34:58.198-08:002010-01-12T06:34:58.198-08:00No, I never heard anything about that kind of erro...No, I never heard anything about that kind of error. Maybe you should send yours in to NGC and see if they grade it the same way?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-68074638235676466242010-01-11T20:01:59.554-08:002010-01-11T20:01:59.554-08:00I'm very disappointed with the unlimited minti...I'm very disappointed with the unlimited minting of the UHR by expanding it from one per household to 2; to 10; to unlimited at the end. I paid a premium for this work of art and feel that the Mint ruined its collectibility and future value.<br /><br />Also, does anyone out there know something about an UHR "Error" graded coin by NGC? (the reverse appears to have Liberty's knee protruding slightly over the middle to back tail feathers of the Eagle in flight) I'm just wondering how common this error is? I saw the coin on ebay back in March and haven't seen anything since. I have two UHR's and one appears to have the "Error."<br /><br />Thanks for your GREAT website, Michael.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-30830861570289782532010-01-11T19:51:14.046-08:002010-01-11T19:51:14.046-08:00Not only was it a rediculous bid, the item was not...Not only was it a rediculous bid, the item was not even sealed. I've often wondered about newbies placing bids. Are they really that stupid or are they really dealers acting as decoy's to drive prices higher.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-41770139050546629712010-01-11T18:50:11.794-08:002010-01-11T18:50:11.794-08:00Good grief, check out the link below! When the he...Good grief, check out the link below! When the heck did these silly things get so valuable? Didn't they originally cost something like $15.95? Man, I wish I had bought some of those instead of the dogs I bought!<br /><br />http://cgi.ebay.com/2008-US-Mint-Presidential-1-Coin-Uncirculated-Set-P-D_W0QQitemZ200424520870QQcmdZViewItemQQptZCoins_US_Individual?hash=item2eaa3b7ca6Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-63748877703750725402010-01-11T18:39:12.478-08:002010-01-11T18:39:12.478-08:00MZ - this blog has more value to plain everyday co...MZ - this blog has more value to plain everyday collectors, ebay jockies, long & short term investors, and a host of others than many people realize. To say you had to sort thru 800 survey responses is quite telling. You have a rather substantial following as one has to wonder how many more readers there are who did not participate. That said, to find that a clear majority were visibly upset when the "Mint" stopped the long running Proof & Unc. Eagle offering and then read the mealy-mouthed response to citizen outrage by Mr. Moy as published in Coin World, was no surprise. You gently suggested that it will take years to regain collector's trust. That was most charitable. It might be more accurate to say many long time "customers" of the Mint have rightfully decided to boycott many of the current & future planned offerings in silent protest. The Mint (Mr. Moy) shot himself in the foot in careless disregard. I say let his foot bleed. ~Grandpa.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-14589741778306808112010-01-11T18:20:51.655-08:002010-01-11T18:20:51.655-08:00Michael,
Thanks for your time and effort putting...Michael, <br /><br />Thanks for your time and effort putting this together. It will be fun to follow the future post to see the results.Johnhttps://www.blogger.com/profile/01129571469503109892noreply@blogger.com