Reply to Thread

Message:: [QUOTE="19Lyds, post: 958543, member: 15929"]While I understand what you are trying to say, I'll kinda disagree in that the US Mint has little to do with the release of these coins or their availability in commerce. The US Mint produces coin based upon projected orders from the Federal Reserve Bank. What is ordered gets shipped to the bank and its the bank that releases the coins to the public. Not the US Mint. As for the OP and his 2009-D Roosevelts? I expect he'll come close to breaking even on his investment as that "lowest mintage" phrase will stick around for a little while. But I also expect that the appearance of these at "public" banks has more to do with the increase of orders by the Federal Reserve as indicated by the increased production of 2010 coins at the Mint. (406 million and counting) What this means is that the Feds are releasing the Roosevelts in storage (2009) due to orders from their member banks and the Feds need to replenish their stock. However, 45 million, regardless of being the "lowest mintage" is still a heck of a lot of coins and should these start appearing in pocket change on a regular basis, profits will be difficult to reap. Generally speaking, the best time to reap the profits on modern coinage is when folks are still willing to make that "gamble" and it appears as if the window of opportunity may be narrowing on these dimes. Good Luck![/QUOTE]