First ever colorized US coin mintage/product limit confusion...

I am very excited about the first ever colorized US coins, but the mintage and product limit is very confusing. On one coin it says there is no product limit but there is a mintage limit. How is it logically possible that there can be more products than coin mintage? All products need the same coin inside, and the product has labeling unique to the coin. It doesn't make sense.

Also, the coolest colorized coin says 75,000 product limit with 750,000 mintage limit across all products. Well, there is only one product with labeling unique to that particular coin, and no other products that feature this coin. Confusing!

Update: It gets even more confusing! A Coin World article from four days ago states that a Denver coin will be colorized, yet the Mint site shows nothing from Denver - only the silver Philadelphia and clad San Francisco. This article states as well that max mintage for each of the two colorized is 75,000. That is not in line with the Mint site.

 

Log in or Sign up to hide this ad.

75k will be colorized (not impressed with the coloring on the dollar though the half is kinda nice) and no more than 750k will be made in any style. So theoretically you could have 675k non colorized and 75k colorized but the sales won't approach that number

 

That is part of why I have stopped buying from the US Mint. They put too much junk out. So much junk that I can't keep up with. I quit about 2 years ago because I had missed some things. Look at what a person needs to stay up. Just count how many quarters you have to buy in one year. Then figure that many of them are marketed so that only a big dealer can get them. And they still pay a premium. I quit after 70 years. I am still collecting circulation grade as I find them. And organizing what I have.

 

Realistically nothing besides bullion is actually marketed so only big dealers can get them and the only reason for that is that they don't sell bullion directly to the public. Everything else anyone can get

 

Yes, I would only consider the clad half. But I just saw someone on YT saying that the clad is too much color, and they like the dollar better. LOL

 

Right - if you are trying to collect a whole series or album, getting all of the different products gets ridiculously expensive.

 

To me the dollar looks awful and cheap like they couldn't afford to color the rest. The half at least for that side is actually attractive until you turn it over

 

Except for that stupid 2019 enhanced silver eagle! I tried so, so, so hard to get one. I planned, practiced, and it was all for nothing. Buy for $60, sell for 2K. What did I think was going to happen with the website? lol

 

I agree. The other side is very weak when compared.

 

Which was overwhelming bought by individuals. Nothing about that was set up to benefit big dealers or dealers in general. Everyone had the same chance at it

 

Yea not a fan at all of it and will stay away from them from what I deem a poor design

 

Well, dealers were paying off people and giving reward money for any they could get their hands on. So a lot of purchases were probably from people who don't even collect coins.

 

@baseball21 said "Realistically nothing besides bullion is actually marketed so only big dealers can get them and the only reason for that is that they don't sell bullion directly to the public. Everything else anyone can get"
So, how many S mint circulation grade quarters do you need to buy from the mint to get one for your set?

 

So? That means dealers were paying more in the aftermarket. Anyone could have done that if they wanted

 

?

 

I remember one dealer when the 2011 ASE set came out and he had several hundred boxes in a picture he sent me. That set had a household limit of 5.

 

Which means he spent more in the aftermarket buying them all which anyone could have done. That's not a dealer only product marketed by the mint

 

The least you can get from the mint of the S is 40 coin roll at $19.75. The P and D come in the Mint Sets. Not the S mint, it is special. And the mint makes special profit on it.

 

As a public institution, the Mint should cater to the collector, not ensure a profit for the dealer community.

 

And?