Is there a problem with the 2008 Sacagawea dollar---

pitboss

--- that has caused it to sell out at this early date?

Walmann

Not a problem but maybe speculation due to the reverse changing next year.

HIGHLOWLEAVES

Expectation of only 1.82 M "P"s and the same low number of "D"s. The USM will take orders for 2009 Sac/NAm. $ beginning 1/2/09 so the USM is minting the 2009"s now and no more 2008 Sacs, IMHO. Comments.....

FatMan

Is 1.82 M really a low mintage for a coin that does not circulate? Just doesn't calculate for me. I can see it a tough date in low grades currently, but there will always be hundreds of thousands in UNC rolls available in the years to come.

Gemineye

<< <i>Is 1.82 M really a low mintage for a coin that does not circulate? Just doesn't calculate for me. I can see it a tough date in low grades currently, but there will always be hundreds of thousands in UNC rolls available in the years to come. >>



'Tis true Fatman.We can only hope that more collectors like clackamas open more and more of their stash and release them into circulation and maybe he has found his limit of high quality Sacs.

HIGHLOWLEAVES

A different take.... 2.63 Mil. 1950 D nickels were minted. I knew of a major coin dealer in Houston where I grew up. This dealer had a huge % of all 50 D nickels minted. He was a bank teller at a downtown Houston bank on Main St. back in 1950 and paid face for those low mintage coins. In the early 60's, A.J. M. sold many of his 50D BU nickel rolls for $800+ / roll. Very few 1950 D nickels ever made it into circulation. Now, the estd. mintage of the 2008 P and D Sac $ is 1.82 Mil. each. True, none will ever be circulated but how many 50 D's were ever circulated ?? Comments......

pitboss

My coins from the Denver mint just went from backordered to not available. So there will be no more delivered.

Sacagaweacollector

probly the low mintage of this year, not to mention the last year before the mints stupidity kicks in. lol

ClosedLoop

Late release.

OPA

My b/o for the D rolls just changed to: no longer available ... bummer

Whitby

So, AGAIN, in your alls opinion, is this a new key?

HIGHLOWLEAVES

You will have your answer that the 2008 P/D Sac are "winners" in the first week of 01/09 when you look at the USM coin production for 01 - 12/08 on the "About Us" section of the USM web site. Of course by then, the rolls will be higher on Ebay. Welcome to legal gambling w/o leaving your computer !! Don't forget the 2008 P/D Kennedy halves and their 1.7M respectively. Isn't Vega fun !!!! Have a great weekend !! Mark.

Bochiman

I was cleaning the office a little and noticed I had bought 2 boxes of each (P&D) from the mint.
Was going to open one of each to put the singles into my son's Sac set, but now, maybe I won't. Maybe I will just use the ones from the mint set....

pitboss

Sounds like a good plan to me.

Halfhunter06

the 2008 has a low mintage, 1/8 million i believe

pitboss

Prices are going crazy. If you want some better grab them quick. The word is spreading.

rbf

Frankly, I don't know where all of these 1.8M Sacagawea coins ended up. Since their inception, there's never been much demand for these "golden" dollars among everyday coin collectors... they seem to be very thinly traded. I guess most of them end up being sold to the general public via those home shopping TV shows... how else could you explain what's eating up the supply of these?

Gemineye

The Chineese have been buying up the stocks of the 2008 D Sacs to counterfeit them into 2003 D ...have you checked the prices lately ??

HIGHLOWLEAVES

Several backorders of "D" Sac $ from the USM have now been offically cancelled by the USM. People who thought they were still on the"D" list just fell out !! Eventually, maybe the "D" rolls and the "P" rolls will be of equal value over face as their mintages appear to be the same.

Overdate

The real low-mintage champ of the Sacagawea series might be the 2008-S proof.

The 14-coin proof set apparently sold out at about 1.4 million sets, and the 14-coin silver proof set could easily end at between 800k and 900k sets, if not lower. Add fewer than 30k Legacy sets and the 2008-S Sac could achieve a final mintage of 2.3 million or less, the lowest mintage of the proofs *and* the lowest date/mintmark combo if the mint set coins are added to the 2008-P/D totals.

pitboss

You sure could be right on that one.

HIGHLOWLEAVES

Overdate, IMHO I do not agree with your main point... that there will be fewer "S" Proof 2008 Sac $ than 2008 P/D Sacs. When a collector is putting a basic set of 2000 - 2008 Sacawagea Dollars together, they will have to have one of the "P" business strike Unc $ of which all of us (experts) profess to know the final mintage of that coin to be 1.82M even before the USM completes its 01-12/08 business strike production figures. The same goes for the "D" business strike Sac $ mintage. Using the 1.82 M for each and not combining the Satin P/D coins because they are not the same coin as Unc coins, there are already more "S" Sacs in 2008 proof sets sold than either P or D uncs. More proof sacs than either P or D uncs. have occured in 2003P/D,2004P/D,2005P/D,2006D and now 2008P/D. All unc Sacs from 2003 - 2006D with the exception of 2005P/D have appreciated nicely in a few years of issue. Being a severe recessionary year, fewer collectors and dealers ordered the 2008 P/D $ plus they were late being offered by the USM this year. Maybe the last year of the Sac $ plays into the equation. Comments please.

CaptHenway

Aren't some of the telemarketers using 2008 Sacagaweas in their Obama stick-on sets? That could have eaten up the remainders.
TD

McDonis

add to that it seems like most of the folks who did purchase rolls arent in a hurry to off load them on ebay. It seems like many are in a holding pattern wating to see what the market does.

pitboss

<< <i>Aren't some of the telemarketers using 2008 Sacagaweas in their Obama stick-on sets? That could have eaten up the remainders.
TD >>



How do they put the stickers on those coins? Does it damage the coin in any way?

CaptHenway

Don't know.

cinman14

<< <i>

<< <i>Aren't some of the telemarketers using 2008 Sacagaweas in their Obama stick-on sets? That could have eaten up the remainders.
TD >>



How do they put the stickers on those coins? Does it damage the coin in any way? >>



No. They have done this to ASEs for years. A 2 minute soak in Acetone will remove the
sticker with no damage...

Overdate

>>Overdate, IMHO I do not agree with your main point... that there will be fewer "S" Proof 2008 Sac $ than 2008 P/D Sacs. When a collector is putting a basic set of 2000 - 2008 Sacawagea Dollars together, they will have to have one of the "P" business strike Unc $ of which all of us (experts) profess to know the final mintage of that coin to be 1.82M even before the USM completes its 01-12/08 business strike production figures. The same goes for the "D" business strike Sac $ mintage. Using the 1.82 M for each and not combining the Satin P/D coins because they are not the same coin as Unc coins, there are already more "S" Sacs in 2008 proof sets sold than either P or D uncs.<<

My theory is that *most* Sac collectors will not differentiate between the regular uncirculated and the satin finish coins. They just want one of each date and mintmark, which is what most albums provide slots for. In fact, if they want a slightly nicer looking coin, the satin finish will be preferable for that purpose.

Furthermore, many people historically have bought and broken up mint sets to update their contemporary series with the current year. They've been doing that since before the "satin finish" began appearing in 2005, and I expect many of them will continue to do so going forward.

Besides, if you treat the satin finish coins as totally distinct from the regular uncirculated ones, then the 2008-P/D satin finish coins should be a *much* hotter item as they have well under half the mintage of their uncirculated counterparts.

I think the 2008-S proof will be the eventual winner. It is likely to be the lowest mintage proof year by far, and many of these coins will stay tied up in the three different proof sets in which they appear, leaving fewer coins for the date/mintmark collectors.

HIGHLOWLEAVES

I do not want to beat a dead horse here but, the 2007 S sac $ mintage is only 2,062793 according to the latest Red Book. This is less than an estimated "S" 2008 production. A lot of 10 PCGS 2007 S DCAM PF 69 Sac $ sold on 12/27/08 for a (huge) price of $98 + S&H on Ebay. I hope the original PCGS submiter used the bulk rate !!
IMHO, all of the 2008 Sac $ will be of some interest to the collectors/dealers. I appreciate your comments......

Overdate

I believe the Red Book is incorrect. For 2007 there were 1.7 million regular proof sets, 875,000 silver proof sets and 27,000 Legacy proof sets, for a total of around 2.6 million 2007-S Sacs. This compares with a likely total of 2.3 million or fewer 2008-S Sacs. I still expect that when final mintages are known, the 2008-S will be the lowest mintage date/mintmark coin.

BTW, currently on eBay 2008-P/D rolls are available at about $2.50 per coin, 2008-S proofs are selling at about $9 per coin.

garsmith

<< <i>Not a problem but maybe speculation due to the reverse changing next year. >>

percyb

<< <i>--- that has caused it to sell out at this early date? >>


I ordered mine very early in the year. Is this--Dec 17, an early sell-out date?