According to the August 14 U.S. Mint weekly sales report, a sky-high total of 525 unc. Lucretias were ordered in the final week of sales, boosting cumulative sales from 1,973 to 2,498. Many of these sales likely occurred after the coin had gone on "backorder" but before it went totally dark.
I suspect that the number of "backordered" coins exceeded the actual number of coins available for sale, and that many of the orders will eventually be cancelled due to being "out of stock". As I recall, this has happened in the past, for instance with many of the burnished Platinum Eagles and some of the "Liberty" First Spouses. The final mintages for these coins turned out to be less than total sales reported in the final sales reports.
My guess is that the actual mintage of the unc. Lucretia is in the neighborhood of 2,200 (similar to the Lucy Hayes coin), which would mean that only around 225 to 250 of the 525 coins ordered in the final week of sales will be delivered. IMO. We shall see.
Comments
I ordered 130 pm on 8/7/12.
I wrote this one off; am very surprised it shipped.
I suspect that the number of "backordered" coins exceeded the actual number of coins available for sale, and that many of the orders will eventually be cancelled due to being "out of stock". As I recall, this has happened in the past, for instance with many of the burnished Platinum Eagles and some of the "Liberty" First Spouses. The final mintages for these coins turned out to be less than total sales reported in the final sales reports.
My guess is that the actual mintage of the unc. Lucretia is in the neighborhood of 2,200 (similar to the Lucy Hayes coin), which would mean that only around 225 to 250 of the 525 coins ordered in the final week of sales will be delivered. IMO. We shall see.
My Adolph A. Weinman signature
