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12-08-2008, 03:23 PM
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#1 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
My Mood: | Quote:
Originally Posted by BeauCoinCollect Elaine, how was the Madison Spouse coin sold out if they only sold the amount you stated below? Doesn't the mint need to sale 20,000 of these coins to be sold out?
2007 madison's spouse - (P) 18,355, (D) - 12,541 sold out | What Elaine stated is true as far as the mint just stopped minting the Madison FS coin. Could be that the mint has exhausted all their current inventory on the shelf and are no longer minting the coin.
As far as total mintage goes, starting with the Madison FS coins. There is no longer a 20,000 mintage limit for each type of coin. The mint has decided to allow a 40,000 total mntage for each series with the total mintage for both the unc and proof coins to be determined by us, the consumer. So as an example, you can have 22,459 proofs and 17,541 uncs... or any combination for both types of coins that equal 40,000.
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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12-08-2008, 03:33 PM
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#2 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,391
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the mint might have to reduce its maximum mintage from 20,000 each to 6,000 each. the current issue high end is only about 5,000 for proof and 3,000 for unc.
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12-09-2008, 12:12 PM
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#3 (permalink)
| | Numismatist
Join Date: Sep 2002
Posts: 4,446
| Quote: |
What Elaine stated is true as far as the mint just stopped minting the Madison FS coin. Could be that the mint has exhausted all their current inventory on the shelf and are no longer minting the coin.
| That is most likely correct, they probably had struck just a little over 30,000 pieces by the end of 2007 (What had already been ordered plus a small stockpile of uncs and proofs for future orders.) They continued selling until those ran out and since by law any coins struck have to bear the year of their mintage they were unable to strike any more 2007 coins. So they are effectively sold out. Quote: |
The mint has decided to allow a 40,000 total mntage for each series with the total mintage for both the unc and proof coins to be determined by us, the consumer. So as an example, you can have 22,459 proofs and 17,541 uncs... or any combination for both types of coins that equal 40,000.
| Quote: |
the mint might have to reduce its maximum mintage from 20,000 each to 6,000 each. the current issue high end is only about 5,000 for proof and 3,000 for unc.
| The 40,000 maximum is written into the authorizing legislation so the mint CAN'T lower the maximum mintage. They can and have decided to let the actual mix of uncs and proofs bedecided by what is actually ordered and not specify a 20,000/20,000 split like they did on the first three. I think what the mint can, and should do is to just strike ahead of time the 5,000 proof and 3,000 uncs that Elaine mentioned, so they can be shipped as soon as the order period is opened and to handle he small trickle of orders that come in later. That way they don't have to have extra blanks on hand and money tied up in them.
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Slab collector and researcher
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12-09-2008, 07:21 PM
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#4 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
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Originally Posted by Conder101 That is most likely correct, they probably had struck just a little over 30,000 pieces by the end of 2007 (What had already been ordered plus a small stockpile of uncs and proofs for future orders.) They continued selling until those ran out and since by law any coins struck have to bear the year of their mintage they were unable to strike any more 2007 coins. So they are effectively sold out. | Very good observation. Quote:
Originally Posted by Condor101 I think what the mint can, and should do is to just strike ahead of time the 5,000 proof and 3,000 uncs that Elaine mentioned, so they can be shipped as soon as the order period is opened and to handle he small trickle of orders that come in later. That way they don't have to have extra blanks on hand and money tied up in them. | That makes the most sense.... but of course we are dealing with the mint.
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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12-18-2008, 09:29 AM
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#5 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,391
My Mood: |
with the gold moving upward these few days. the mint might as well declare product is not available for most of the spouses gold.
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12-09-2008, 11:24 PM
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#6 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
My Mood: |
Just got my baby back from the mint today. Much better than the one I returned, but still not a 70.  Now I am just waiting for a refund for the first one I bought.
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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12-09-2008, 11:25 PM
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#7 (permalink)
| | CONSVL
Join Date: Jan 2008 Location: T-Town Beat Down, Michigan
Posts: 3,153
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Originally Posted by jaceravone Just got my baby back from the mint today. Much better than the one I returned, but still not a 70.  Now I am just waiting for a refund for the first one I bought. |
Did I ever tell you I envy your collection?  
Lol...JK...Beautiful coin though!
stainless
__________________ Will trade coins for cake recipes. |
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12-10-2008, 09:26 AM
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#8 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,391
My Mood: |
today i bought one each of the spouses proof gold. i mean van buren and jackson liberty. i already got the jefferson liberty. so total three. i certainly will buy the last liberty when it come.
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12-11-2008, 02:40 PM
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#9 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,391
My Mood: |
latest mintages for spouses:
monroe's spouse - 7,462 (P), 4,283 (D)
adams's spouse - 5,074 (P), 2,859 (D)
jackson's liberty - 5,104 (P), 2,822 (D)
van buren's liberty - 3,454 (P), 1,894 (D)
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01-22-2009, 04:34 PM
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#10 (permalink)
| | Expert Plunger Sniper
Join Date: Mar 2005 Location: United States
Posts: 6,425
My Mood: | Quote:
Originally Posted by jaceravone Just got my baby back from the mint today. Much better than the one I returned, but still not a 70.  Now I am just waiting for a refund for the first one I bought. | Joe...wonderful coin! I almost pulled the trigger on this one as well. I just have my sights set on a $$$$$ Note at the moment and need all the $$$ I can save to go toward it.
Again, beautiful coin, love the reverse as well.
RickieB
__________________ "A disordered currency is one of the greatest political evils" Daniel Webster....
-------------------------------------------------------------------------------- U.S.M.C. 1972-1975 |
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02-25-2009, 04:49 PM
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#11 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,391
My Mood: |
spouses sales figures:
monroe's spouse - proof - 7,910, unc - 4,511
q. adams spouse - proof - 5,720, unc - 3,200
jackson's liberty - proof - 6112, unc - 3,469
van buren's liberty - proof - 5,011, unc - 2,146
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02-25-2009, 10:04 PM
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#12 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 2,706
My Mood: | Quote:
Originally Posted by elaine 1970 spouses sales figures:
monroe's spouse - proof - 7,910, unc - 4,511
q. adams spouse - proof - 5,720, unc - 3,200
jackson's liberty - proof - 6112, unc - 3,469
van buren's liberty - proof - 5,011, unc - 2,146 | thanks much
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03-12-2009, 05:37 PM
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#13 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,391
My Mood: |
monroe's spouse - 7,933 (P), 4,519 (D)
q. adams spouse - 5,844 (P), 3,.280 (D)
jackson's spouse - 6,310 (P), 3,620 (D)
van buren's spouse - 5,216 (P), 2,865 (D)
Last edited by elaine 1970; 03-19-2009 at 08:18 PM.
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12-11-2008, 03:01 PM
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#14 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
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I'm surprised, but I'm not surprised that both Jackson's Liberty and Adams Spouse has nearly the same mintage. It would be interesting to see where van buren's liberty ends up.
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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12-11-2008, 03:23 PM
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#15 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,391
My Mood: |
most likely it will be ahead or surpass jackson's liberty and adams's spouse.
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