US Mint to Slash Future Coin Products, Offers Last Chance Sale

by CoinNews.net on November 10, 2008 · 11 comments

Coins BurningThe United States Mint announced on Monday that it will discontinue more than 300 coin and medal products in 2009, to include several bullion coins, and it will conduct a "Last Chance Sale" to clear out out inventory in preparation for its move to a new fulfillment center.

 

"We are responding to the collector community which has spoken loudly and clearly," said United States Mint Director Ed Moy.  "Customers have told us there are just too many products.  We agree, and it’s time the United States Mint trims down and concentrates on the products our customers love most."

 

The Mint adds that the "Last Chance Sale" will be a limited-time, first come, first serve offer, available online and by phone and without household order limits in place. Sales will include discontinued products that will "never be available again from the United States Mint."

The sale will begin Saturday, November 15 at 12:01 a.m. (ET) and end at 5 p.m. on December 19. Phone orders may be placed seven days a week from 8 a.m. to midnight via 1-800-USA-MINT (872-6468).

No damaged products will be sold, but should one be delivered, customers will have 7 days from the date of receipt to return them.

Here is a list of the discontinued and last chance Mint products:

Discontinued Products

United States Mint Presidential $1 Coin Historical Signature Sets™
United States Mint Presidential $1 Coin — Individual Proof Coins™
American Eagle Platinum Uncirculated Coins (all options)
American Eagle Platinum Proof 1/2, 1/4, 1/10, and Four-Coin Sets
American Eagle Gold Uncirculated 1/2, 1/4, 1/10, and Four-Coin Sets
American Buffalo Uncirculated Gold Coins (all options)
American Buffalo Proof 1/2, 1/4, 1/10, and Four-Coin Sets
50 State Quarters® First Day Coin Covers (continue through 2008)
Greetings From America Portfolios and Card Sets
Coin and Die Sets
Collectible Spoons

Last Chance Product Listing

Annual Sets
2007 United States Mint Proof Set®
2007 United States Mint 50 State Quarters Proof Set™
2004 United States Mint Uncirculated Coin Set(R)
2006 United States Mint Uncirculated Coin Set®
2007 United States Mint Uncirculated Coin Set®
2007 United States Mint Silver Proof Set™
2007 United States Mint 50 State Quarters Silver Proof Set™

50 State Quarters® Bags & Rolls
Wisconsin Two-Roll Set
Minnesota Two-Roll Set
Minnesota 1,000-Coin Bag (P)
Minnesota 1,000-Coin Bag (D)
Oregon 1,000-Coin Bag (D)
Colorado 100-Coin Bag (P)
Nebraska 1,000-Coin Bag (P)
Nebraska 1,000-Coin Bag (D)
Nebraska 100-Coin Bag (D)
Colorado 1,000-Coin Bag (P)
Colorado 1,000-Coin Bag (D)
North Dakota 100-Coin Bag (D)
North Dakota 1,000-Coin Bag (D)
South Dakota 100-Coin Bag (D)
Montana 1,000-Coin Bag (P)
Wyoming 100-Coin Bag (P)
Wyoming 1,000-Coin Bag (P)
Wyoming 100-Coin Bag (D)
Wyoming 1,000-Coin Bag (D)
Utah Two-Roll Set
Utah 1,000-Coin Bag (P)
Utah 1,000-Coin Bag (D)
Oklahoma Two-Roll Set
Oklahoma 100-Coin Bag (P)
Oklahoma 100-Coin Bag (D)
Oklahoma 1,000-Coin Bag (P)
Oklahoma 1,000-Coin Bag (D)
New Mexico Two-Roll Set
New Mexico 100-Coin Bag (P)
New Mexico 100-Coin Bag (D)
New Mexico 1,000-Coin Bag (P)
New Mexico 1,000-Coin Bag (D)
Arizona Two-Roll Set
Arizona 1,000-Coin Bag (P)
Arizona 100-Coin Bag (D)
Arizona 100-Coin Bag (P)
Arizona 1,000-Coin Bag (D)

Other Bags & Rolls
2001 Sacagawea Golden Dollar Roll (P)
2001 Kennedy Half-Dollar 200-Coin Bag
2001 Kennedy Half-Dollar Two-Roll Set
2002 Sacagawea Golden Dollar 2000-Coin Bag (P)
2002 Sacagawea Golden Dollar 2000-Coin Bag (D)
2003 Jefferson Nickel Two-Roll Set
2004 Sacagawea Golden Dollar 2000-Coin Bag (D)
2005 Ocean in View Nickel 1,000-Coin Bag (P)
2005 Ocean in View Nickel 1,000-Coin Bag (D)
2005 Sacagawea Golden Dollar 2000-Coin Bag (P)

50 State Quarters® First Day Coin Covers
New Jersey
Georgia
Connecticut
South Carolina
New Hampshire
Virginia
New York
North Carolina
Rhode Island
Vermont
Kentucky
Tennessee
Ohio
Louisiana
Indiana
Mississippi
Illinois
Alabama
Maine
Missouri
Arkansas
Michigan
Florida
Texas
Iowa
Wisconsin
California
Minnesota
Oregon
Kansas
West Virginia
Nevada
Nebraska
Colorado
North Dakota
South Dakota
Montana
Washington
Idaho
Wyoming
Utah

Presidential $1 Coin Coin Covers
George Washington
John Adams
Thomas Jefferson
James Madison

50 State Quarters® Coin & Die Sets
North Carolina (P)
Rhode Island
Tennessee (D)
Maine (D)
Iowa (P)
Oregon (P)
Nebraska (D)
Nebraska (P)
Colorado (P)
North Dakota (D)
North Dakota (P)
South Dakota (D)
South Dakota (P)
Montana (D)
Montana (P)
Washington (P)
Idaho (D)
Idaho (P)
Wyoming (P)
Wyoming (D)
Utah (D)

50 State Quarters® Collector’s Spoons
Iowa
West Virginia
Nevada
Nebraska
Colorado
North Dakota
South Dakota
Montana
Washington
Idaho
Wyoming
Utah
Oklahoma
New Mexico
Arizona

50 State Quarters® Greetings from America Series
1999 Card Set
1999 Portfolio
2000 Card Set
2000 Portfolio
2001 Card Set
2001 Portfolio
2002 Card Set
2002 Portfolio
2003 Card Set
2003 Portfolio
2004 Card Set
2004 Portfolio
2005 Card Set
2005 Portfolio
2006 Card Set
2006 Portfolio
2007 Card Set
2007 Portfolio
Card Set Album
Portfolio Album

Westward Journey Nickel Sets
2004 Westward Journey Nickel Series™ Coin Set
2006 Westward Journey Nickel Series™ Coin Set

Special Sets
50 State Quarters® And Euro Coin Collection
Official Coin Collecting Starter Kit

The Mint said it used sales figures to help determine which products to cut, and the reductions will help them focus on core offerings.

 

Trimming the 2009 portfolio will afford the United States Mint the opportunity to focus resources on its core products.  It will spotlight offerings with broad appeal, such as its annual United States Mint Proof Sets. 

With fewer products to manufacture, the United States Mint will be able to offer proof sets and other products earlier in the calendar year beginning in 2010, making them available for customers to purchase for more occasions.

 

According to the Mint, sales of products will increase previously stated “final” sales figures, but no individual maximum mintage/product limits will be exceeded.

{ 10 comments… read them below or add one }

Tom November 10, 2008 at 11:18 am

Wow, talk about taking a hatchet to the problem when a scalpel would be fine. I can’t believe that they’re going to cut all the options for the platinum coins other than the 1oz version, all of the buffalo gold coins other than the 1oz version, etc. This is outrageous. Just trimming the bottom 75% of the above list would help out tremendously if they’re concerned with inventory issues. Basically the Mint is trying to force you to buy the Big Boys of coins or not at all. This would make me seriously consider not buying anything from the Mint in the future.

Tom November 10, 2008 at 4:03 pm

By the way, if you’re interested in writing a letter of protest to Edmund Moy (as I am in the process of doing), you can get a letter to him the following way:
Mr. Edmund Moy
Director of the United States Mint
Bureau of the Mint
1500 Pennsylvania Ave, NW
Washington, D.C. 20220

I would strongly encourage all of you to write a letter and mail it in. If he truly responds to collectors then enough of us could do the trick in reversing some of this decision.

cme December 11, 2008 at 11:14 pm

I don’t think all the protest e-mails will help. I suspect they are cutting back so that they can start doing more of the Amero coins.

Anthony J. Tisone Sr December 22, 2009 at 10:21 am

1. Well it is about time you got rid of the junk.

2. I don’t see the need to make coins to people that nobody
cares about or even wants, that is a waste of Silver.

3. Give the people the right to buy coins first not the Dealer!!
Is seems the special interest get first crack at everything
but that is the way of our Great Country, the people come last.

4. Make Proof Silver Eages again!! If you stopped the junk you
will have plenty of Silver. People want them not junk coins.

5. The people should come first without question as the
Constitution Starts WE THE PEOPLE. Bush and bunch of
fools allow a law to pass to give dealers first crack at
the peoples money. That is criminal.

6. Dont see the New People in Washington will be any better!!

billy ray December 22, 2009 at 11:28 am

Please be prepared for the “Americo”.
This is the actual reason for this cutback.
It will take some time to process a “new type of currency”, especially in different types of denominations. Then there is the distribution factor of the new currency, which will take time. The government has been going after off shore and swiss bank type depositors (not always celebrities).
“Dollars for Americos” is coming. This is really not a bad thing as some may think but more of a lifetime change in this world economy. To travel shop,and not needing to exchange currencies in assorted countries and keep daily xchange rates in your head so you don’t overpay somewhere, well- I don’t need the aspirine.
Ducats are ducats.

pitdogK9P December 22, 2009 at 1:16 pm

This is the second time I have seen Gresham’s Law in Operation since taking Money and Banking at IC in 1958. The first was the clad coinage. I have dropped the new coins on a hard surface to hear the sound they make. They sound exactly the the toy coins we were given for Christmas in the 1940s. Just how much did the government pay Mattel for their dies?
pitdogK9P

URKiddinMee December 22, 2009 at 2:15 pm

hey, “Billy Ray,” let me get this straight . . .a New World Order universal currency is “not a bad thing?” Only if you’re George Soros betting big money on the demise of our once sovereign nation, it’s not! Get you head out of your ass and READ something besides comic books. (Maybe “Economics For dummies” for a start) Then try to learn to SPELL while you’re at it. “Aspirine?” what the hell is “aspirine?”

Michael Randall December 22, 2009 at 3:34 pm

What ever happened to the concept of a dollar coin that would replace the bill? We’ve gone from Susan B to Sacajawea to the presidents…and still no working coin. Ineptness? Probably.

Make the damn thing the size of a half dollar, discontinue the unused half and you’re in business. All the old complaints eliminated like “It’s too close to the quarter” or the earlier “It’s too heavy”.

Now its going to be Americos. Past history says they will find a way to screw this up, too. Wanna bet?

pitdogK9P December 22, 2009 at 3:52 pm

I’m glad Billy Ray thinks that there will be enough money for travel and to buy anything when the “New World Regime” gets through with taxing us. There won’t be coin or paper fiat money to do spit with. Right now if it cost a dime to get around the world I couldn’t get out of sight. …As my friend Murray M says “Gotta Love It”.
pitdogK9P

Brian Workman December 24, 2009 at 5:20 pm

You start by eliminating the production of a product like GM did with Oldsmobile, and Chrysler with Plymouth. You then lay off thoudands of employees and give your upper staff big raises. When all is said and done, youblame the economy and the customers for your failures in poor business decisions made by you. No one asked me if I wanted to discontinue collecting any of the now discontinued coins?!

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