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Mint Stats: Sales Start Strong for Puerto Rico Quarter
puerto rico quarterBy David C. Harper, Numismatic News
April 08, 2009
puerto rico quarter

Just look at the total for the first sales report for Puerto Rican quarters. Already the number of 1,000-coin bags exceeds what was sold for the District of Columbia quarter. Word of the relative scarcity of the Puerto Rican quarters must have gotten around to buyers of this material.

The Philadelphia 1,000-coin bag sales of 1,047 is almost 400 more than the 653 bags for the D.C. quarter. For Denver, the numbers are 953 and 704, respectively.

Strong demand for the two-roll Puerto Rican set is also indicated by the current sales number, which already is at roughly half the total number of D.C. quarters sold during the entire sales period. Only for the 100-coin rolls does demand seem to be routine.

The William Henry Harrison P-roll total has been adjusted down to 30,000, so the Mint might have had buyers for many more rolls than it could supply. Last week's number was 36,429.

The two-roll Birthplace Lincoln set total has also been adjusted lower to an even 96,000, which is down from 97,149 originally reported.

First Spouse sales for those designs still available just mosey along. If buyers can't sell immediately on eBay, two-thirds of sales just go away - not a good sign for future years.









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Comments
On April 9, 2009 MIke Zapolski said
I'm very puzzled by the present mint stats for the Lincoln 2-rol set now 96,000), and the Unc Licoln Comm $1 (now at 125,000).

While you did note the Lincoln 2-roll set was "adjusted" from the previous value of 97,149, there was no reason given.  How can the Mint simply reduce this number after reporting larger numbers without some explanation?

Likewise, the Unc Lincoln $1 Comm had mint stats above 126,000 for 3 prior reporting periods, and "magically" it now changes to 125,000 (I assume the 125,0000 above was a typo)?  How can this be?  

Simply changing numbers without a reason challenges the credibility of these figures...
On April 10, 2009 said
The way it works is that the Mint took more orders for those options than they could fulfill, having spares to stand by in the event earlier orders didn't work out for whatever reason.  The earlier sales figures reported were correct for that time, but there were a large number of orders on backorder status.  Now, however, the Mint has adjusted those numbers down to the number of orders they intend to fulfill, and cancelled those that exceeded the number of coins produced for each individual option.  What it boils down to now is, there will be only 125,000 Uncirculated Lincoln Dollars produced, and there will be 375,000 Proof Lincoln Dollars produced.  The remaining 50,000 Proofs will be included in the special set with the pennies later this year (which WILL "sell like hotcakes", by the way).  I plan to order mine EARLY!
On April 11, 2009 Mike Zapolski said
Thank you for the explanation - it really helps!

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