D, P and S Mint Circulating Quality Quarter Sales Comparisons

by Mike Unser on June 27, 2012 · 5 comments

Last week the United States Mint released circulating quality quarters minted in San Francisco — a facility that has not produced a circulating quality coin with an "S" mint mark since the early 1980’s.

El Yunque ATB Quarter

El Yunque National Forest Quarters in circulating quality are now available from Denver, Philadelphia and San Francisco Mints.

This week’s sales stats from the U.S. Mint reveal how fast the new quarters raced out of the gate. As it turns out, not so fast…

Debut sales appear a bit tepid when contrasted against past quarters from the Denver and Philadelphia Mints that bear respective mint marks of "D" and "P".

Released within bags and rolls on Thursday, June 21, collectors ordered a combined 614,700 of the San Francisco 2012-S El Yunque quarters. Unit splits were 3,827 for the 100-coin bags and 5,800 for the 40-coin rolls.

Looking back through all the past America the Beautiful quarters, the "D" and "P" quarters show significantly higher starting sales. The P’s lead followed by the D’s.

It must be noted that, with few exceptions, past U.S. Mint quarter bag and roll products have launched earlier in a week — most of them on a Monday. As such, most of their first reported sales cover a longer period than that of the latest "S" El Yunque quarters. Still, sales volumes are at their height during the first few days of a product’s release, so comparisons remain telling.

Debut Sales of "S" Mint Mark El Yunque Quarters
      "S" Sales
       
2012-S El Yunque Quarters 100-coin bag (S) 3,827 614,700
  Roll (40 coin) (S) 5,800

 

The following table provides a breakdown of debut sales performances of past America the Beautiful Quarters.

Debut Sales of "P" and "D" Mint Mark ATB Quarters
    Unit Sales "P" Sales "D" Sales Total Sales
           
2012 P&D Acadia Quarter 100-coin bag (P) 2,177 838,900 837,500 1,676,400
  100-coin bag (D) 2,163
  Two-Roll Set (80 coin) (P&D) 15,530
           
           
2012 P&D Chaco Culture Quarter 100-coin bag (P) 2,332 886,720 882,320 1,769,040
  100-coin bag (D) 2,288
  Two-Roll Set (80 coin) (P&D) 16,338
           
           
2012 P&D El Yunque Quarter 100-coin bag (P) 2,189 840,580 834,780 1,675,360
  100-coin bag (D) 2,131
  Two-Roll Set (80 coin) (P&D) 15,542
           
           
2011 P&D Chickasaw Quarter 100-coin bag (P) 2,271 937,260 931,160 1,868,420
  100-coin bag (D) 2,210
  Two-Roll Set (80 coin) (P&D) 17,754
           
           
2011 P&D Vicksburg Quarter 100-coin bag (P) 2,457 994,460 986,660 1,981,120
  100-coin bag (D) 2,379
  Two-Roll Set (80 coin) (P&D) 18,719
           
2011 P&D Olympic Quarter 100-coin bag (P) 2,518 989,720 985,620 1,975,340
  100-coin bag (D) 2,477
  Two-Roll Set (80 coin) (P&D) 18,448
           
2011 P&D Glacier Quarters 100-coin bag (P) 2,697 1,066,780 1,062,580 2,129,360
  100-coin bag (D) 2,655
  Two-Roll Set (80 coin) (P&D) 19,927
           
2011 P&D Gettysburg Quarters 100-coin bag (P) 3,275 1,162,340 1,157,840 2,320,180
  100-coin bag (D) 3,230
  Two-Roll Set (80 coin) (P&D) 20,871
           
2010 P&D Mount Hood Quarters* 100-coin bag (P) 1,543 454,100 446,300 900,400
  100-coin bag (D) 1,465
  Two-Roll Set (80 coin) (P&D) 7,495
           
2010 P&D Grand Canyon Quarters 100-coin bag (P) 4,015 1,328,380 1,316,880 2,645,260
  100-coin bag (D) 3,900
  Two-Roll Set (80 coin) (P&D) 23,172
           
2010 P&D Yosemite Quarters 100-coin bag (P) 4,275 1,364,140 1,355,340 2,719,480
  100-coin bag (D) 4,187
  Two-Roll Set (80 coin) (P&D) 23,416
           
2010 P&D Yellowstone Quarters 100-coin bag (P) 4,447 1,375,620 1,370,120 2,745,740
  100-coin bag (D) 4,392
  Two-Roll Set (80 coin) (P&D) 23,273
           
2010 P&D Hot Springs Quarters 100-coin bag (P) 5,268 1,566,120 1,530,820 3,096,940
  100-coin bag (D) 4,915
  Two-Roll Set (80 coin) (P&D) 25,983

 

*The Mount Hood opening United States Mint sales figures are highly suspect given erroneous order cancellations that occurred at the time.

The U.S. Mint has indicated that it has struck 1.4 million of the 2012-S El Yunque quarters. If more are needed to meet demand, it will raise the mintage. 2012-P and 2012-D El Yunque quarter mintages stand at 25.8 million and 25.0 million.

{ 5 comments… read them below or add one }

jim June 28, 2012 at 2:12 am

I don’t get why the P mint sales always seems to be more than the D mint sales. Maybe there’s some East Coast allegiance that discriminates against the D mint, small though it may be.

As to comparing mint mark sales in general, what’s important is that the total sales of a coin determines it’s rarity and post issue value. If the S mint coin is rarer than the P or D coins then once sales have ended it’s after market value might be higher (though likely not much if at all considering the total sales listed).

Brian V. June 28, 2012 at 9:05 pm

Jim – Being from New Jersey 30 minutes drive from the Phila. Mint makes Denver coins – rolls especially rare around here. I know a coin dealer with a brother out west and they have been sending -P & -D rolls back and forth for years in order to keep stock levels up in each other’s stores. So, if I want Denver rolls, I either buy at a local show, or coin shop…but in the case of 2009, I will admit to buying the Lincoln Cent roll sets from the mint on-line. Which turned out OK when they cut the Log Cabin sets off at 96,000, and it became an “In Demand” roll set during the flurry of “Lincoln-Mania”….which seems to have lived a short life based on after-market prices for all of the mint released items in 2009.
But I guess there’s hope for 2059, if I live to be 99…???

RonnieBGood June 28, 2012 at 9:12 pm

Jim, I believe that more coins are issued due to the fact that “P” mint was part of the orignal 13 colonies was the 1st or the “Mother Mint”.

See: http://www.usmint.gov/about_the_mint/mint_facilities/index.cfm?action=PA_facilities

Munze June 29, 2012 at 8:55 pm

Ronnie, it mostly has to do with production capacity at each facility. There’s no special sentiment involved. In fact, for most circulating denominations. The figures above show roughly equal production from both mints; cumulative circulation figures from 1999 to 2011 have Denver very slightly in the lead: http://www.coinnews.net/mints/us-circulating-coin-production-figures/

The interesting fact is how little cross-circulation there is in this age of credit cards and e-payments. In the 1950s and earlier it wasn’t unusual to find D and S coins on the east coast with similar mixes elsewhere. But today very few people carry lots of change while travelling so coins apparently stay much closer to their release points.

A similar phenomenon’s been seen in the EU. When the euro was introduced it was expected coins from each member of the eurozone would circulate widely, with Portuguese coins showing up in Finland, German pieces used in Spain, and so on. However the last time I was there (admittedly 5 years ago) one of the German magazines ran an article saying that on average about 3/4 of the coins in any given state were “natives”.

RonnieBGood June 30, 2012 at 8:00 pm

Munze,
Sorry, a bit of a joker…
But I do miss the days of finding an “S” mint easily in pocket change.

Brian & Munze,
On a more serious side (perhaps), In Europe they are already using the “I Phone” for in store purchases by sliding the phone across the scanner. This will be in the US within the next 2 years. As we move even further toward a “cashless” society I begin wonder if the Lincoln penny will be here to issue in 2059 (not accounting for the affects of inflation after 50 years)!

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