On Tuesday, July 30, the United States Mint published coin production figures through the first half of this year, revealing a substantial slowdown in the pace of coin striking for circulation.
In June, the U.S. Mint manufactured 168 million coins, breaking a streak of two consecutive months of higher production. The monthly level remained solidly below 1 billion for the tenth month in a row, following eight consecutive months above that threshold. In a rare occurrence, the Mint also reported no cents produced in June. Typically, more than half of all coins minted for circulation in a month are cents.
Over the longer time frame, the U.S. Mint has struck over 2.6 billion coins for circulation in the first half of 2024, marking the weakest six-month start since CoinNews began reporting monthly figures in 2011.
June 2023 to June 2024 Circulating Coin Production
| Month | Mintages | Rank |
|---|---|---|
| June 2024 | 168.22 M | 12 |
| May 2024 | 396.08 M | 9 |
| April 2024 | 368.20 M | 11 |
| March 2024 | 332.70 M | 10 |
| February 2024 | 644.86 M | 5 |
| January 2024 | 755.98 M | 4 |
| December 2023 | 151.80 M | 13 |
| November 2023 | 604.409 M | 6 |
| October 2023 | 501.911 M | 8 |
| September 2023 | 546.03 M | 7 |
| August 2023 | 1,030.38 M | 3 |
| July 2023 | 1,139.30 M | 2 |
| June 2023 | 1,297.18 M | 1 |
The primary mission of the U.S. Mint is to manufacture coins in response to public demand. The Mint produces, sells, and subsequently delivers circulating coins to Federal Reserve Banks and their coin terminals to support their services to commercial banks and other financial institutions.
Even though it costs the Mint 3.07 cents to make and distribute each 1-cent coin, the Federal Reserve always orders more of them than any other denomination. In the first half of this year, the Mint struck over 1.4 billion Lincoln cents, accounting for 53.8% of all circulating-quality coins produced for the year.
Month-Over-Month
In month-over-month comparisons for coins used daily by Americans, production totals in June decreased by:
- 40.9% for Jefferson nickels,
- 11.8% for Roosevelt dimes, and
- 8.7% for quarters.
Mintages of Native American Dollars and Kennedy Halves
The U.S. Mint also strikes other coins in circulating quality, namely half dollars and dollars. Native American $1 coins are no longer ordered by the Federal Reserve, but they are still made in circulating quality for coin collectors. The same was true for Kennedy half dollars until recently — years 2021, 2022, and 2023.
Usually, in January, the U.S. Mint produces both denominations to the expected amounts needed for the entire year. Nonetheless, this has not been the case for Kennedy halves in each of the three prior years, as the Federal Reserve unexpectedly ordered millions more for circulation — roughly 12 million, 7 million, and 18 million in fiscal years 2021, 2022, and 2023.
It has not been disclosed whether any 2024 Kennedy half dollars have been produced for general circulation, although it is likely. Half dollar production figures changed in January (+5.7 million), March (+ 1.9 million), April (+2.6 million), May (+3.2 million), and June (+4.9 million), with the latest results showing 9.9 million coins from Philadelphia and 8.4 million from Denver, totaling 18.3 million. These figures compare to production runs in 2023 totaling 27.8 million from Denver and 30.2 million from Philadelphia, amounting to 58 million coins — the highest since 1983, when it reached 66.6 million.
Unlike the usual practice, the mintages of the Native American dollar were adjusted in February instead of being completed in January. This change was prompted by the absence of reported minting activity for the dollar in Denver throughout January. Since February, the total dollar mintage has remained at 2.24 million coins, with 1.12 million each from Denver and Philadelphia, matching the 2023 total. No changes were reported in March, April, or May.
On Jan. 29, the U.S. Mint started selling Denver- and Philadelphia-minted rolls, bags, and boxes of 2024 Native American dollars. More recently, on April 23, the bureau started offering rolls and bags of circulating 2024 Kennedy halves.
This next table shows 2024 circulating coin mintages by production facility, denomination, and design.
U.S. Mint Circulating Coin Production in June 2024
| Denver | Philadelphia | Total | |
|---|---|---|---|
| Lincoln Cent | 0 | 0 | 0 |
| Jefferson Nickel | 3,120,000 | 0 | 3,120,000 |
| Roosevelt Dime | 15,000,000 | 0 | 15,000,000 |
| Quarters | 83,600,000 | 61,600,000 | 145,200,000 |
| Kennedy Half-Dollar | 100,000 | 4,800,000 | 4,900,000 |
| Native American $1 Coin | 0 | 0 | 0 |
| Total | 101,820,000 | 66,400,000 | 168,220,000 |
In the overall production totals for June, the Denver Mint produced 101.82 million coins, while the Philadelphia Mint produced 66.4 million coins, resulting in a combined total of 168.22 million coins.
Coin Production in First Half of 2023
Through the first half of this year, the Denver Mint has struck 1,384,800,000 coins, and the Philadelphia Mint has made 1,266,040,000 coins, bringing the total to 2,666,040,000 coins. This is 65.1% fewer than the 7,638,340,000 coins manufactured during the first half of 2023.
If the current production pace were to continue through December, the annual mintage for 2024 would reach 5.3 billion coins. In comparison, the U.S. Mint manufactured over 11.38 billion coins for circulation in 2023, marking the lowest output since 2012.
This next table lists coin production totals by denomination and by U.S. Mint facility:
YTD 2024 Circulating Coin Production by Denomination
| 1 ¢ | 5 ¢ | 10 ¢ | 25 ¢ | 50 ¢ | N.A. $1 | Total: | |
|---|---|---|---|---|---|---|---|
| Denver | 740.4M | 32.88M | 138.0 | 464.0M | 8.4M | 1.12M | 1384.8M |
| Philadelphia | 692.8M | 36.72M | 92.5M | 448.2M | 9.9M | 1.12M | 1281.24M |
| Total | 1433.2M | 69.6M | 230.5M | 912.2M | 18.3M | 2.24M | 2666.04M |
2024 Circulating Coin Production by Design
In addition to the 2024 Native American dollar with its one-year-only design, the U.S. Mint has also released the first three of five issues for 2024 from their four-year program of American Women Quarters™. These three coins represent the 11th through 13th releases in the series, each featuring a unique design.
The Rev. Dr. Pauli Murray quarter, the first quarter design for this year, began circulating on Jan. 2. On Feb. 1, the Mint made rolls and bags of the quarter available for purchase by the public. First reported in March figures and unchanged since, a total of 354.2 million Murray quarters were minted, with 185.8 million coming from Denver and 168.4 million from Philadelphia. This marks the lowest mintage total for any quarter in the series to date. In terms of production by facility across the series, the 2024-P ranks as the scarcest, while the 2024-D ties for third scarcest.
Patsy Takemoto Mink quarters entered circulation on March 25, and on March 28, the U.S. Mint began selling rolls and bags of them to the public. The latest figures show Patsy Takemoto Mink quarter mintages at 187.2 million from Denver and 210.2 million from Philadelphia, for a combined 397.4 million, ranking fourth lowest overall in the series. By production facility, however, the 2024-D Mink quarter ranks as the third scarcest.
Of the total production through the first half of this year, 160.6 million quarters have not yet been officially assigned a design by the U.S. Mint. This represents a portion of the Dr. Mary Edwards Walker quarters. Walker quarters entered circulation on June 3, and on June 17, the U.S. Mint started selling rolls and bags of them to the public.
This last table offers a breakdown of this year’s mintages that have been reported by coin design, including the first two quarters:
| Denver | Philadelphia | Total | |
|---|---|---|---|
| Lincoln Cent | 740,400,000 | 692,800,000 | 1,433,200,000 |
| Jefferson Nickel | 32,880,000 | 36,720,000 | 69,600,000 |
| Roosevelt Dime | 138,000,000 | 92,500,000 | 230,500,000 |
| Rev. Dr. Pauli Murray Quarter | 185,800,000 | 168,400,000 | 354,200,000 |
| Patsy Takemoto Mink Quarter | 187,200,000 | 210,200,000 | 397,400,000 |
| Dr. Mary Edwards Walker Quarter | – | – | – |
| Celia Cruz Quarter (expected release on Aug. 7) | – | – | – |
| Zitkala-Ša Quarter (expected release on Oct. 21) | – | – | – |
| Kennedy Half-Dollar | 8,400,000 | 9,900,000 | 18,300,000 |
| Native American $1 Coin | 1,120,000 | 1,120,000 | 2,240,000 |
| Total | 1,293,800,000 | 1,211,640,000 | 2,505,440,000 |
Whether the Mint struck no cents for circulation in June on purpose or by happy accident makes no difference in the big picture; it’s a cause for celebration regardless.
and indeed, the economy didn’t collapse due to a dearth of cents. I still go by my theory that if there were none made ever again (except for collectible sets) everyone would get by just fine. heck we managed to survive a real shortage of quarters (a mint money-maker and probably the most-circulated denomination) so a shortage of cents would be relatively trivial to survive.
No argument there, c_q. I’ll bet that the average stash of cents per household is more than enough to whether a shortage. But it’s the businesses that are the ones that lose money giving customers back nickels instead of 1 to 4 cents in change. It’s not just a matter of changing prices, because it’s the total tax that often puts the amount into 1c territory. Yes, if you’re electronic it doesn’t matter, but a lot of people still use cash.
Major D,
After an eternity of being nickeled and dimed, it wouldn’t exactly be unreasonable for the consumer to save a few cents here and there. We could look at it as a way of things having evened themself out in the end.
Touche, Sir Kaiser, touche!
Thank you, Rich, for your enthusiastically affirmative response!
Yes, you’re right Kaiser. But just like stores incorporating theft loss into their prices I wouldn’t be surprised if they’re doing it with cent losses as well. Unfortunately, the House always wins.
Indeed, Major D, since time immemorial the House, whether represented by the Pyramid, the Castle, the Palace, the Mansion or the Penthouse, is the inevitable Keeper of the Coins.
c_q,
If the circulating aka business grade cents ceased to exist, any cause, excuse or reason for the continued minting of uncirculated grade and/or proof cents would also vanish. Going cold turkey would be the watchword of the day.
IDK about that, Kaiser. The Mint makes the AI$ and it’s not circulated. Likewise, with the NIFC Kennedy half (2002-2020), until the Fed started ordering them up again for circulation starting in 2021.
I totally understand what you’re saying, Major D, in regard to the fact that the Mint produces coins whether they are to be circulated or not. My own comment is in reference to a different matter entirely, which is to suggest that if the one cent coin is in fact discontinued it ought to be done so without fail across its entire range of types.
so just FYI, several countries, in particular japan, have continued to make collector-only versions of low-denomination coins for their various proof and uncirculated sets after those same denominations were no longer being produced for general circulation. the euro 1-cent and 2-cents are partially facing this fate also, as several euro countries no longer use the 1-cent or 2-cent coins, rounding cash transactions to nearest 5 cents, though they are still obligated to produce these coins for collector sets. this is effectively true for the US in the case of dollar coins, which can only be obtained in collector sets at… Read more »
c_q,
Just as you said above, the USA could easily survive without the one cent coin. That being said, since I understand some folks still like to collect cents, it wouldn’t matter to me in the least if the Mint continued producing them for collector sets only. On the other hand, were the Mint to reduce the spaces in its annual sets by one going forward, and I’m sure you get my not too subtle drift, I would be just as okay with that also. Easy peasy.
It’s interesting that even the mention of a 1C shortage is valid, it is not. There is no shortage of the 1C coins(or the 5C)this year or any year. Just because there were less minted(ordered from Fed)recently simply means that more people are cashing in their change jars lately, hence more 1 & 5C re-circulated. Just like they did in 2008-09 because of personal financial reasons. For those that want to hoard the 2024 1C rolls have at it, they make great paper weights. That’s all I get over here in -D country–full boxes of PL 1C-D coins. Those are… Read more »
There was a shortage of 1c just a few years back. Stores couldn’t get them from the banks. But it had more to do with a distribution problem during Covid. Stores still have issues today because banks have cut back on their orders. Don’t believe me, just try walking into your bank and asking for a box of 1c.
Yes, Covid distribution issues no doubt.
I guess you and I are the A-holes in all of this because we save some 1C coins causing the shortages, then the stores are forced to hand out nickels instead of 1C lol funny stuff..
I place orders for 1C boxes whenever I want and pick them up within days quite frankly. Just last month I made the mistake with a 3 box oder(wrong time of year), because they were all PL 2024-D coins, every single one of them went into the Coinstar machine.
Yes, guilty as charged! I’m saving my pennies to re-side my house, after doing my car. If you don’t order a box, they won’t have one- my point is that they don’t like to keep any on hand to just sit in their vault, which is kind of crazy. They’re supposed to be banks.
Nice car, minimal potential hail damage. I’m not familiar with the “ASS” model (next to tail light), but quite fitting!
Just kidding bud!
Back in 1933 Utah authorized a 2 year emergency relief fund, and issued 1 and 5 mil aluminum tokens. The current value would be 3 and 15 cents. The thin, flimsy aluminum tokens were unpopular, so in 1942 the aluminum tokens were replaced with 1, 2 and 5 mil plastic tokens. These became less and less used, so in 1951 Utah was one of the last states to give up and demonetized the sales tax tokens. In 1951 the Utah tax tokens had a 2024 value of 1.5, 3 and 7.5 cents. The 1 cent was equivalent to 15 cents… Read more »
King Gold is edging up to the $2500/oz. mark again; wonder if it makes it this time.
Rick said a couple threads back: “Look Cali, I was right, someone indeed bought that condition/rare transitional 1C coin tonight for over $20k. The final 2 hours it jumped up 15k. $28,600 final hammer. Wow!” Here is an excellent article(title and link below) by Ken Potter for Numismatic News and for any unfamiliar with Ken, he is “editor of Bill Fivaz and JT Stanton’s, Cherrypickers’ Guide To Rare Die Varieties and edited the seventh edition of Alan Herbert’s, Official Price Guide To Mint Errors in 2007.” Ken goes over the 1983 Transitional error(bronze planchet vs zinc) populations(so far) and auction prices, as… Read more »
Yep, good stuff there!
That’s a good reminder for the variety & error 1C buffs to check their 1983D, and 1982-D coins right along with their P-coins. The 1982-D small date coins are all supposed to weigh 2.5g. If you find an ’82-D small at 3.1g well, you can upgrade from Applebee’s to Texas Road House no problem!
And like Ken said “there must be more”…
Find a really choice example and you’ll be “puttin’ on the Ritz!”
CaliSkier,
Thanks for the link as it took me to a topic I am still not all that well acquainted with. I very much appreciate and enjoy the way the width and breadth of my numismatic knowledge is expanded thanks to this kind of information regarding niche areas.
Fear not Major D, A much improved looking slab to be. Daniel, other dealers, and collectors use such polishing compounds on their slabs. Similar to your car guy buffing out those scratches on your Mercedes! I have a couple of older slabs that I will not reholder, but there’s a couple of scuffs to be dealt with(left of date scuff). So I’m going to try some of this stuff linked below. This coin(photo below)was just graded/awarded a Gold sticker from a CAC competitor so I’ll just keep the slab as is and polish it. You heard me right–the coin will… Read more »
Rick,
I have to ask for a bit of an explanation as to how this slab became eligible for a second CAC-type sticker, or did I misinterpret what happened entirely? Thanks.
Thanks for the tip
AKBob you missed out on a good one!?
For a coin that’s approaching 30 years old, this one is as good as it gets given its nature to degrade a tad bit over time…
https://www.greatcollections.com/Coin/1622731/1995-W-1-Silver-Eagle-NGC-Proof-70-UC
Rick, that went for a really nice price as a 70!! Dang!
AKBob,
Your mention of the 70 grade made me wonder as to what happened to that proposed alternative 1 to 10 grading scale for coins. Is that gone and forgotten?
Kaiser, There is a 1-10 grading scale that’s been implemented by NGC recently. So far I’ve only seen these 1-10 grade labels on the VaultBox Series Coin Scam. They’re called “NGCX Labels” Only the ‘privileged’, or ‘Select Retailers’ are given access to these labels. Here’s a marketing quote from NGC… “NGC is the first grading authority to offer a 10-point grading scale for modern coins making it easier than ever for collectors of comics, trading cards, sports cards and other collectibles graded on a 10-point scale to expand their interest to coins.” It’s just my opinion on this, and here… Read more »
Agree!! I poopoo them too!!
All, I was notified by eBay and PayPal they were done! No resolution my way! !! The reason is I placed a dispute with eBay, PayPal AND my credit card company! eBay and PayPal have washed their hands since my credit card company is investigating it. That’s BS!! So what!! Why can’t all three institutions investigate this? I’m kinda miffed at eBay and PayPal. I guess if my cc company doesn’t return my money I’ll reopen claims with eBay and/or PayPal but only one at a time! I didn’t know I should have only made a claim with one of… Read more »
You’ll get your money back through the CC company. For what it’s worth and in my opinion–I guarantee it.
If anything you can claim to eBay that you never received the item. And since eBay informed you about the problem, it is their problem too. It’s a done one deal anyway you look at it, the money will be returned to you. And thanks for the update! I learn something new every day!
Rick, Thx for your positive words My Friend! You’re correct about Ebay, they were the ones that notified me of the fraudulent Ebayer!! I thot it was kinda strange/funny that both eBay and PayPal just washed their hands once they knew my cc holder was handling this. I’m still staying positive tho.
Ugggh AKBob. It would have been too late to warn you unfortunately , however that’s how my US Mint account ended up frozen for almost 3 years. My issue began at the Mint, shipped via Fed Ex then vaporized between the FedEx hand off to the USPS. Tracking showed it being given to the USPS and gone before they were able to put it into my PO Box. Postmaster was useless and I’ve always felt, he was in on the employee theft that happened. Yes I said “theft”, I didn’t walk out of the post office on its own! The… Read more »
CaliSkier, The hints you just gave regarding how to handle disputes of coin-related purchases that were in one way or another unsatisfactory included this bit of advice: “Don’t get your CC company involved until after or allowing whatever “time frame stipulations” are in place at eBay, PayPal, the US Mint or whatever organization you may be trying to resolve a dispute with.” Perhaps this requires a codicil to the effect that credit card companies have a 60 day legal limit beyond which they are not required to accept any disputes. One has to be careful not to let a dispute… Read more »
Kaiser, Ebay has only a 30 day window!! Thot I’d share that with you and others. Next time if there ever is one, I’ll start with Ebay only. No one told me not to contact my cc company, I wish they had told me to only contact them (cc company) when and if I couldn’t get it resolved with Ebay first, then Paypal. Gee I wonder why?????
AKBob,
I must admit to being somewhat surprised that your credit card company itself didn’t instruct you to attempt to arrange a resolution of this problem with the vendor, in this case ebay, first. My own cc company won’t even accept a charge dispute until I produce evidence of this dispute having been brought to the vendor’s attention first.
I returned a gold coin to the Mint about 10+ years ago and I had tracking. I watched it go to the Mints place you make returns to and nothing was done. No credit, it went on for a month and a half, I called the Mint a couple times and told them the tracking showed they had received it. The mint never gave me credit back so I went to my cc holder and cancelled the Transaction. I never heard anything from the Mint about it. So years ago when I heard about your situation I was surprised cause… Read more »
AKBob,
In that particular case from over ten years ago, was the final resolution that your credit card company itself refunded the money to your account?
Yes, I’m money was returned to me within a few days. I never heard boo from the Mint either. I got tired of waiting for the credit, it had been back for over a month and a half. After a few calls to the Mint nothing was happening so I called my cc company and I was reimbursed! The Mint never said anything to me.
AKBob,
I’m glad you were able to get reimbursed by your cc company that time; good for you! Both of your “adventures” in this regard will serve as useful learning experiences for the rest of us.
I’ve still come across no 2024 coins of any denomination in my change or at my bank. I asked (Chase Bank) and they haven’t seen any either.
Antonio,
The US Mint has made billions of 2024 coins. We may ask ourselves, where are they?
I got my first 2024-D cent today when I turned in some mutilated coins I found. My first 2024 coin, August 3rd. I asked my teller and he hadn’t noticed any 2024 coins of any denomination and wondered where all the coins were going to, out of the country perhaps? Also spoke with a businessman who handles hundreds of dollars in change and he hadn’t noticed any 2024 coins either. Makes you wonder where all this change is going to. I’ve come across an unusual number of mutilated quarters in my quarter rolls for laundry. Why so many? I’m curious… Read more »
Hi Antonio,
Last time you asked, I answered a day or two later so I am not sure you saw it. At the time, I had only gotten 2 Lincoln cents (D). I also have gotten a 2024-P Patsy Takemoto Mink quarter since then. I got them all as change from the grocery store.
Jeff Legan,
My entire circulation coin “haul” this year consists of one 2024 AWQ Quarter.
I’ve been finding some 2024 1c a few at a time mixed into Fed bank rolls. If I found any full 2024 rolls, I would hoard them- which is probably why they’re getting mixed in as they are. The problem is that those mixed rolls have some really nasty coins, and they foul up the new ones. Otherwise, I’ve found that the grocery store is the best place to get them in change– found some nice 10c and 25c that way.
I was under the impression they are delivered from the mint in bags and get put into rolls at the bank or other facility, like Loomis. Like I observed before, it’s a strange year.
I just received my 2024 AI$ proof sets (5 through subscription). It looks like the lenses have a film of dust on the inside, so I’ll need to open them up and inspect the coins in each set. I’m under no illusion that the value is likely less than the $6 per coin just paid for them- but I’ll probably keep them unless the coins are what’s dusted. The designs do look better in proof, especially the rocket.
Nope, I spoke too soon. The obverses are all messed up by the handler pressing them into the plastic slot holders. Must have had crap on the fingers of the gloves is all I can figure. First the silver proof set, now the AI proof set. I don’t think the Mint understands that its selling collectibles- the whole point of which is to have pristine looking coins.
Major D,
Is it remotely possible that not all the personnel inserting the coins into the holders are even wearing gloves? Otherwise it’s likely as you said, that the inserted coins are being “abused” thanks to the regular use of soiled gloves.
Major D and Kaiser, this Coin World article by Paul Gilkes, seems to indicate that the proof coins are placed robotically? “(Each lens is composed of a top and bottom plastic enclosure and a cardboard insert with openings sized for the respective coins, which are robotically placed into them.)” “San Francisco Mint triples Proof set assembly with robots” Are the marks possibly, “Suction cup” marks Major D?
https://www.coinworld.com/news/us-coins/san-francisco-mint-triples-proof-set-assembly-with-robots.html
Also, here is a U.S. Mint vide on YT of the San Francisco robotic operation that they use. Pretty cool to see it all in action! Video Title: “High Tech Robots at the San Francisco Mint” (USM)
https://m.youtube.com/watch?v=BqEDQa0WGf4&list=PLoycqRjxZI6Z30tNqfe7VfuBXox3ro2OS&index=2&pp=iAQB
With all of that sophistication and dexterity, what if they rebel!
Unfortunately that robotic Mint employee did rebel and went rogue on those sets!
He’s back in the reprogramming dept. getting the latest software updates installed.
Thankfully the Mint re-education camp is inclusive to both non-sentient, and sentient beings. They all come out of production & assembly training with the exact same, non-discriminatory intelligence level of 67.
That’s interesting to learn about. There must be crap in the machine then, that makes contact with the coins. It’s only on the obverse. When you look at the mirrored fields at an angle you can see all of the speckles, smudges and pitted spots, like when you spray paint metal that had dust on it.
Major D I’d imagine, having worked in a machine shop back in the day, if they aren’t meticulous about regular cleaning or changing of worn suction cups, there could easily be medal dust and shavings(small/microscopic debris) embedded in the suction cups which in turn, “mars” the coins surface, upon suction cup retrieval/p/u? Since there should be plenty available are you sending back for replacement or return? Trying to be positive, a replacement should be better than original one(s) you received. (Hopefully?)
CaliSkier,
I’m always reluctant to ask for a replacement rather than for a refund because I’m worried what the Mint will send me in exchange. It could turn out to be one in even worse condition, one which had previously been returned by someone else for having its own particular problems.
CaliSkier,
Thanks for the eye-opening advisory regarding the filling of proof sets. That seems to put an end to speculation about human touch being the culprit and appears to indicate the area of failure exists in the possiblly insuffient cleaning of robot contact points. Who knows?
Here’s the robotics in action at the Denver Mint: “Packaging Robots at the U.S. Mint at Denver”
https://m.youtube.com/watch?v=PvcrxJzpsbM
And to think, CaliSkier, that these robots are but non-sentient dummies with AI programming providing them with direction for every single motion.
They mimic humans in every way possible to foul up the coins. Incredible!
If that’s how far AI has been able to “progress”, then the fat lady has sung.
Just 8 of the 2-roll 2024 P&D Kennedy half dollar sets available.
For those looking for rolls of new coinage, I have had success by asking to buy a roll of whatever denomination new coin I received from the cashier when I checked out. Once you get to know the CS manager you might even be able to score multiple rolls if they’ve received an entire box of newbies! I even had one CS manager who sold me the halves out of the Coinstar. Got some cheap silver doing that!
DaveSWFL,
Clearly the cashiers in your section of the country are a lot more accomodating and personable than those I’ve had occasion to deal with in my neck of the woods. My success rate of acquiring coin rolls in this way is much quite a bit lower than yours.
I’m not sure when RCM jumped the shark, but they are way past it now. The new “coins” include 3D ones now, which are no longer coins IMO but rather brooches minus the pins. Also, a 1kg Super Incuse Silver Maple Leaf for $3,299.95, mintage 450. WTH? Why not just mint only one of them and charge $1.485 million? Crazy stuff. Who buys this? But at least there’s a currency exchange rate discount.
Major D,
For my money their shark-jump occurred the moment the RCM began gracing one side of some of their coins with miniature statues of assorted examples of Canadian wildlife.
Should, in theory be music to collectors ears? The 2024 Liberty and Britannia Ag Medal is showing just 92 in stock. Could be a mint ploy to sell more and they will reload more inventory as this number dwindles. We will just have to see? They could also put a few aside for the 2024 Vault Cyber Monday sale? BTW the page for the 2023 Cyber Monday Vault sale is still live.(no products available)
Cali, I doubt it’s going to matter as there doesn’t seem to be a lot of interest in this medal, or maybe I should say “upside” to this medal currently. I just happened to have “watched” two sales of it, PR70 PCGS First Strike Flag label on Ebay and one was <$125.00 and one was a bit more or close to the <$125.00. I was very surprised. Maybe those that wanted it have there’s and the “upside” has come and gone it seems. I have one graded and one still sealed/unopened. I rarely purchase medals myself, but I liked this… Read more »
Yes AKBob I ordered 2 L&B Silvers along with the Gold on day one since that was the HH limit. All 3 coins are over at PCGS now. I don’t see much going on with the Silver Medals either so I’m going to just hold ’em for now! I did however want to send them in with the other coins for the shipping convenience both ways. At least the prelim sales numbers are not through the roof. Same with the HR Gold numbers. You cannot get a PF70 Gold L&B for less than 4k(we paid 3k Mint raw), so there’s… Read more »
Rick, I’ve got some more to send in too. I’m still butt hurt from my last encounters with PCGS. I still haven’t got ahold of them about my signed COA by Ryder on the 2019 S ERP ASE. PCGS was supposed to encapsulate it but didn’t. PCGS made so many mistakes on my 65coins I submitted a few months back. What a show by PCGS. I’ll be sending in some very soon tho. I’ve almost got rid of ALL of my 2021 Mor/Pea Dollars. I had a pile of them, well over a hundred!! I actually made quite a bit… Read more »
Wow you really backed the truck up on the 2021 Silver! You’re a fair man no doubt. If I were you I would respectfully & firmly request that they check the video for the Ryder hand signed & serialized COA(you’ll need dates & sub #’s handy). If that signed COA was deemed ‘Not Mint sealed’ they won’t encapsulate it..(do you still have the accompanying graded coin?).. Just yesterday I sent in 3 CC GSA Morgans to be restored/refurbished/re-holdered, and on a separate form I submitted the 3 accompanying serialized COA’s to be encapsulated also. Technically serialized COA’s won’t qualify unsealed,… Read more »