Philadelphia minted 100-Coin Bags of Puerto Rican quarters have sold out, with US Mint sales figures as of Sunday, May 17, showing 19,827 were sold. Presumably, sales of the quarter bags were capped at 20,000.
Puerto Rico quarter bags and rolls were launched on March 30. The 1,000-coin bags were priced at $309.95, the 100-coin bags at $32.95, and the two-roll sets at $32.95. In a week’s time, the 1,000-coin bags sold out.
The 100-coin bag with Denver minted Puerto Rican quarters is still available, as are the two-roll sets for the same price.
As reported before on CoinNews, with 2009 quarter production plunging and no signals in sight for a reversal any time soon, there is little surprise as to why demand for the coins has peaked.
Registering lows that have not been seen in over 40 years, the Puerto Rico 2009-P has a mintage of just 53.2 million and the 2009-D has a mintage of 86 million. The relative Puerto Rico quarter scarcity compared to prior quarters has driven demand (an attractive quarter design certainly is a bonus).
US Mint Reported Puerto Rico Quarter Sales
|100-coin bag (Philadelphia)||3,547||7,074||10,769||13,648||16,115||18,524||19,827||36,361|
|100-coin bag (Denver)||3,151||6,004||10,576||12,581||14,600||15,231||16,534|
|1000-coin bag (Philadelphia)||1,047||–||–||–||–||–||–||2,000|
|1000-coin bag (Denver)||953||–||–||–||–||–||–|
Attention will soon turn to bags and rolls of Guam Quarters, which the Mint will begin selling Tuesday, May 26. Mintage figures for these quarters have not been released yet.