2010 US coin production, No Nickels, Dime P only

Darn, and here I thought I was going to buy my first modern since the 2008-W 1/4 oz AGE.

Thanks for raining on my parade...Mike

p.s.

 

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Except the two or three made surreptitiously and smuggled out !

They'll be sold to the owner of the 1964-D Peace dollar(s).

 

As coleguy mentioned, I think there has already been way too much turnaround. The Dow is up over 60% in about a year. The dollar is stronger versus the euro and pound, manufacturing is up... there are many very positive economic signs.

 

I am going to be watching this thread. I pick up an extra bag each year or so. Glad I did. I have thought it would come to this at some point. I just did not expect it so soon.

I use to be a buyer of extra deep draw stainless steel. That is how I came to respect nickel. I have been partial to the element/coins since.

Back when I was buying XDDSS, the best coils (money & quality) came from S Korea, and Brazil. I seem to recall a contact in Japan too, but that might have been a inbetween source. The memory seems to pass with time.

 

I bought one for $1.30 and that includes shipping. That is less than if you average it out for each cent on the U.S. Mint site. Plus I only want one.

 

What's unemployment at? What's real unempolyment at? Our biggest trade partner (Canada) has a dollar on par with the US for the first time in 50 years. So our dollar buys less. Housing, you know that little industry that drove the boom of the 90's, is still in the crapper. The real inventory of foreclosures for this year exceeds any previous year in recent memory. At best, we aren't sinking any lower.

 

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If I recall, the premium for US Mint bag halves is about 30%.
Kennedy Half Dollars Bags and Rolls

2010 Kennedy Half-Dollar Two-Roll Set (KO2) Price: $32.95 Qty. More Info.
2010 Kennedy Half-Dollar 200 Coin Bag (KO1) Price: $130.95 Qty. More Info.

 

Interesting, very interesting.

Speaking of coins being returned, I picked up five rolls of UNC presidental dollars at face early this year. Somebody just brought them into the bank to convert them. Hey their BU's so figured might as well take em and shoebox em. Worse case, just trade em back in for inflated dollars later.

 

9.7% as of march 2010

 

Like always, thats all regional. Where I'm at the housing market is actually up for the first time in three years and unemployment has dropped off significantly. I think my job allows me to see economic shifts before many others as I work in mass volume shipping and I can tell you, domestic as well as international manufactoring is already on par if not surpassing that of five years ago. That will mean we'll start seeing those elusive coins start to circulate.
Guy~

 

Regional??? Housing sucks nationwide...

Do you know what real unemployment means?


WASHINGTON - February 5 - ...today’s unemployment numbers from the Bureau of Labor Statistics:
“The real unemployment rate released today by the Bureau of Labor Statistics is 16.7% -- a full 7 points higher than the officially reported rate.

Things are looking BAD.

 

Well, you're wrong. It's up 35% in the Vegas valley, first time it's had a possitive percentage in over three years.

Economic conditions are regional...always have been.
Guy~

 

I want NICKELS:computer: 2010 nickels

 

LOL. Are you talking Las Vegas? Ha Ha never has an area seen so many foreclosures, in any city in America than that area. What a terrible example. Constuction has completely halted, people are walking away from their homes. Distressed sales represent 55% of all sales. It's the most depressed housing market in America. They can't give away homes. All the construction workers have fled, or are waiting tables. Puh-leez do your research. Like I said the entire US housing market stinks.

 

Ummm, I live there. I won't argue the point further. The whole country isn't the rust belt.
By the way, I did my research: http://www.lvrj.com/business/las-vegas-home-sales-up-32-percent-in-march-90126207.html
Guy~

 

May I suggest you look up the phrase "dead cat bounce"...it also applies to RE.

 

The housing market did it to themselves. You can only sell $150,000 homes for $250,000 for so long, and it will come back and bite you.

 

I do not believe they are.

Not without an act of Congress, literally.

Compared to what they usually are making what they have produced so far is a drop in the bucket. Also even though a tremendous number of coins came back to the banks, the cent is still basically a one use coin. So all those cents came out of hoards, and as businesses are getting them from the banks and using them for change they are going right back into the hoards.

If they don't make nickels for circulation this year, there is still a chance that they WILL make some for the mint sets. If so that will make the 2010 probably the lowest mintage coin in the Jefferson series.

 

Yes, the Uncirc set will become the thing to get as people will want to break them open to fill their albums.....

Load up on those! or maybe not....

 

@Guy and others: Do you really think so? According to my favorite rare coin dealer, some folks are holding on to their coins for dear life. If and when things get worse in the economy, I would think that folks would hold on ever tighter to their rarities.

My dad on the other side, suggest that bullion type coins will start to move more with a severe and depressed economy. His thinking includes that the spot price will also move down for a while.

I like both bullion and a few rare coin types. US Pre-1933 gold is a favorite of course, even though I do not have very much. I just appreciate those coins all the more.