Minnesota Sate Quarter

Discussion in 'US Coins Forum' started by BWJR, May 9, 2005.

  1. BWJR

    BWJR Senior Member

    Is there a reason why the price jumped to $74.00 for The Mint set roll of the Minnesota State quarter? Normally the price will go to about $45 - $50 a roll after the mint cuts off the sales. Are we looking at some error possibilities?

    Thanks,

    BWJR
     
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  3. Speedy

    Speedy Researching Coins Supporter

    I bet that the mint messed up like it does offen....BUT I wouldn't be shocked to know that the mint would up its price again...

    Speedy
     
  4. GDJMSP

    GDJMSP Numismatist Moderator


    Sure - some people are crazy enough to pay it.
     
  5. Speedy

    Speedy Researching Coins Supporter

    You mean it is really $74.00!!!?!?!?!

    Speedy
     
  6. 9roswell

    9roswell Senior Member

    the mint price didn't change are you talking about e-bay ?
     
  7. BWJR

    BWJR Senior Member

    Minn State Quarters

    The mint is sold out of the mint state quarter rolls.

    BWJR
     
  8. bluedog

    bluedog New Member

    The Mint sells each state quarter Two-Roll Set for 10 weeks. The Minnesota set sold out in 4 weeks (32 days). That unusually early sellout (they typically go the full ten weeks) is why the price jumped on sites that sells the sets, as well as on ebay.

    Currently, I don't think anyone knows why the sellout occurred. Did the Mint sell its usual mintage (70,000 - 100,000 sets... I think) in a shorter time? Or did they mint far fewer sets? Or were they not able to put together as many sets because resources are being diverted to the bison logjam?

    I think people immediately started buying sets in the aftermarket, hoping that the final story will unfold in their favor.

    Within days of the sell out (on May 6th) prices went from 39.95 to 74.95 and 64.95 on a few coin dealer sites that I'm aware of. On ebay, the prices seem to be going in the high 40 dollar range.

    If anyone has the mintage figures for the Minnesota two-roll set, please post them.
     
  9. zzzzzlover

    zzzzzlover New Member

    Just contact the mint.
    Selling number for Minnesota 2-roll sets are 64,xxx until now.
     
  10. bluedog

    bluedog New Member

    Thanks for the info z!
     
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