Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
US Mint or FR releasing coins they have held for years?
>
Reply to Thread
Message:
<p>[QUOTE="19Lyds, post: 1831700, member: 15929"]Hmmm. The last $100 bag I purchased from the mint was at the end of 2008 during the last chance sale.</p><p><br /></p><p>Also, folks need to remember that 40 million half's were produced in 2001. The onlt problem was that the Federal Reserve wasn't ordering any.</p><p><br /></p><p>Now, since the US Mint does not release coins to the general public other than collector offerings, the ONLY source for 2001 Half Dollars is from whatever the Federal Reserve ordered in 2001. They made it cklear that they would not orde in 2002 so the mintages were cut down to nothing BUT, there's no telling how many were delivered in 2001.</p><p><br /></p><p>It may seem like a bunch have been coming up in rolls but it is possible that, since the Federal Reserve is not authorized to "melt" coins, that folks are simply seeing whatever reserves exist at the Federal Reserve Vaults.</p><p><br /></p><p>If Solid Rolls were turning up, I might think otherwise but since folks are only find lots of scattered lots, I'm thinking these are just the remnants of the 2001 orders.</p><p><br /></p><p>As for "roll searchers" having an impact on what the Federal Reserve orders from the mint, I just cannot believe that it would make much difference. Specifically because what the roll searchers do not want, goes back to the bank and the Federal Reserve Vaults.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1831700, member: 15929"]Hmmm. The last $100 bag I purchased from the mint was at the end of 2008 during the last chance sale. Also, folks need to remember that 40 million half's were produced in 2001. The onlt problem was that the Federal Reserve wasn't ordering any. Now, since the US Mint does not release coins to the general public other than collector offerings, the ONLY source for 2001 Half Dollars is from whatever the Federal Reserve ordered in 2001. They made it cklear that they would not orde in 2002 so the mintages were cut down to nothing BUT, there's no telling how many were delivered in 2001. It may seem like a bunch have been coming up in rolls but it is possible that, since the Federal Reserve is not authorized to "melt" coins, that folks are simply seeing whatever reserves exist at the Federal Reserve Vaults. If Solid Rolls were turning up, I might think otherwise but since folks are only find lots of scattered lots, I'm thinking these are just the remnants of the 2001 orders. As for "roll searchers" having an impact on what the Federal Reserve orders from the mint, I just cannot believe that it would make much difference. Specifically because what the roll searchers do not want, goes back to the bank and the Federal Reserve Vaults.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
US Mint or FR releasing coins they have held for years?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...