2009 US Mint Proof Set sales were on fire during their inaugural launch week.
While the annual sets are always exceedingly popular, the latest one took the Mint by storm. Amazingly, 437,178 of the sets were sold from Monday, June 1, to Sunday, June 7.
The high volume was not without consequences. Most collectors who ordered during the opening hours needed a booster shot of patience.
Purchasing the proof coins online was like waiting for store doors to open on Black Friday morning. But much worse for the Mint, tens of thousands of collectors were trying to rush through their store front in a matter of hours. The jam caused long wait times and forced the Mint to briefly shut down online sales to… dare we say, reboot?
Read the rest of this numismatic news article ยป
The U.S. Mint is spending about $12 million in a four-city pilot program in an attempt to dissuade consumers away from their convictions that dollar coins are superior to paper bills. The pros and cons of $1 coins have been debated for years. The first round knockout always goes to the untouched champ, Mr. Paper […]
silberinfo’s exclusive interview with the The Perth Mint of Australia provides some interesting insights into one of the world’s largest Mints. Ron Currie, Sales and Marketing director of The Perth Mint, answers a bevy of company and coin product questions, including why they’re able to keep up with bullion demand while Mints like the US […]
The Andrew Jackson Individual Proof $1 Coin will be available through the United States Mint Thursday, August 28, at 12 noon (ET). Andrew Jackson was was the seventh President of the United States and the special individual proof coins honoring his presidency are priced at $5.95 each. There is a $4.95 standard shipping and handling […]
Americans are very familiar with the continual failure of dollar coins in every day use. In recent years, the Susan B. Anthony and the Sacagawea Golden Dollar have lost their acceptance battle. Today, the new Presidential $1 coins honoring U.S. presidents is failing. Over one billion of the coins have been minted since the series […]
Andrew Jackson Presidential $1 Coins were launched into circulation Thursday with a ceremonial release at The Hermitage, the home Jackson built and lived in near Nashville, Tennessee. The Hermitage became a museum in 1889 and has had over 15 million visitors. Thursday, the museum experienced an influx of new traffic as the United States Mint […]
Andrew Jackson Presidential Dollars will enter circulation Thursday, August 14. On the same day at 12:00 noon, Bags and Rolls of the $1 coins will be available directly from the United States Mint. While nearly one billion Presidential coins were minted in 2007, finding them in circulation or exchanging for them at banks is often […]
The United States Mint will begin circulating the latest Presidential $1 coin featuring Andrew Jackson on August 14, 2008. The Mint has announced that a ceremonial introduction of the dollar coin will occur at The Hermitage, the home Jackson built and lived in near Nashville, Tennessee. Over 15 million people have visited The Hermitage since […]
The United States Mint announced the 2008 U.S. Proof Set release starting June 24 for $26.95. These 14-coin sets are popular with many coin collectors, as exemplified by the same priced 2007 sets experiencing over 1.7 million units sales to date. The 14-coin sets are less expensive and offer more coins compared to purchasing both […]
2008 First Spouse gold coins and bronze medals honoring Louisa Adams may be purchased from the United States Mint Thursday, May 28. The Louisa Adams gold coins are the second for 2008 and sixth in the First Spouse Gold Coin Series – a series that started off blazing hot, but have drastically cooled due to prices and demand.
Martha Washington, Abigail Adams and Jefferson’s Liberty First Spouse gold coins flew of the Mint shelves and sold at records speeds — within hours of their availability.
The fourth and fifth coins — Dolley Madison and Elizabeth Monroe — sputtered. Their demand in the secondary market cooled and the high price of gold made buying them a larger obstacle.
Read the rest of this numismatic news article »
