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Low Mintage of 2010 America the Beautiful Quarters
Dollar2007
Posts: 759 ✭✭✭
I was looking at the mint production figures for 2010 and the quarters have a really low mintage, only 347 million across all 5. I haven't seen much posted about this, but is this going to be considered a key year, and would it be wise to buy a 2 roll set from the mint of each park from the mint to hold on to? Is anybody else keeping rolls of these? Mintage Figures
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-Paul
<< <i>Even if everyone in the country wanted one, there would still be ~50 million left over >>
Not quite. That number is across 5 designs and 2 mints. Each design and mint mark combination averages 34.7M each. If 10% of the country wanted one, there would still be 4.7M each left over.
If I was able to get BU rolls from my bank, I would get a few dozen and hang on to them to see what happens.
Rampant currency debasement will be the most important investment trend of this decade, and it will devastate most people.
- Nick Giambruno Buy dollar insurance now, because the policy will cost more as the dollar becomes worth less.
isn't extremely high but increases the next year and the year after. This means the
date will enter circulation rapidly since the mint ad FED rotate their coin stocks. Ideal
is when this date also has generally poor quality and you can locate choice or gem
coins to set aside.
It's a good idea to set aside a few rolls of everything and then if it doesn't go up in
four to six years then just pull the choice coins out and spend the bulk of them. Don't
hold onto losers or inflation will destroy the value.
Some of these recnt low mintages could be low enough to actually be worth something
on the basis of being low mintage. It depends on the distribution pattern and wheter
thy are getting set aside. With such small mintages they can all get released in smaller
regions like Puerto Rico and worn before they are recognized as tough.
<< <i>Generally with moderns the higher the mintage the better. Best is when mintage
isn't extremely high but increases the next year and the year after. This means the
date will enter circulation rapidly since the mint ad FED rotate their coin stocks. Ideal
is when this date also has generally poor quality and you can locate choice or gem
coins to set aside.
It's a good idea to set aside a few rolls of everything and then if it doesn't go up in
four to six years then just pull the choice coins out and spend the bulk of them. Don't
hold onto losers or inflation will destroy the value.
Some of these recnt low mintages could be low enough to actually be worth something
on the basis of being low mintage. It depends on the distribution pattern and wheter
thy are getting set aside. With such small mintages they can all get released in smaller
regions like Puerto Rico and worn before they are recognized as tough. >>
Thanks Cladking for the great information!
That's the strange thing , not a one , but in the last week i've had 6 or 7 1776-1976 quarters , 3 of them today.
As for the low mintage, hopefully it stays low. It makes it just that much nicer with at least a shot of future worth.
Aerospace Structures Engineer
<< <i>I have a few, but don't expect much. As the nation moves cashless, maybe 30 million is plenty of quarters. >>
If 30 million get saved then forget it. The price could get high but can't stay high.
Even if 2 million get saved it won't be very exciting.
But it is vaguely posible that most of an issue can get into circulation. People have
a tendency not to bother to save stuff they see a lot of so these can get all released
in small areas and overlooked. This is improbable so I wouldn't expect too much
either.
If you can latch onto some gems though you can be in for a very pleasant surprise.
Many moderns are very poor quality and gems can account for a tiny percentage of the
entire issue. If the entire issue is only 30,000,000 coins a tiny percentge can be quite
scarce and many of these scarce coins will end up in circulation.