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Why such low mintages for America the Beautiful Quarters?
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<p>[QUOTE="Conder101, post: 1255910, member: 66"]Do you remember late 2008 when the economy melted down? Well when that happened TONS of coins came pouring out of jars, buckets, cans etc from houses all over the country. The Fed was literally swimming in surplus coinage. (You will note that the mintages of the few Territories quarters also dropped precipitously.) Well when the 2010 ATB quarters came out there were 1.) still plenty of quarters on hand to satisfy demand (As Snowman said, they had been making three times as many coins each year than were needed.) and 2.) unlike the state quarters, banks could no longer specifically order shipments of the new quarters. They would only get whatever happens to be on hand when they order and the Fed ships circulated coins first then Unc coins with the oldest dates first. This means that if a bank orders quarters the only way they would get ATB quarters would be if the local Fed bank didn't happen to have any circulated or state quarters on hand. Since they had LOTS of circulated quarters and state quarters on hand orders for ATB quarters were very small and we get the low mintages[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1255910, member: 66"]Do you remember late 2008 when the economy melted down? Well when that happened TONS of coins came pouring out of jars, buckets, cans etc from houses all over the country. The Fed was literally swimming in surplus coinage. (You will note that the mintages of the few Territories quarters also dropped precipitously.) Well when the 2010 ATB quarters came out there were 1.) still plenty of quarters on hand to satisfy demand (As Snowman said, they had been making three times as many coins each year than were needed.) and 2.) unlike the state quarters, banks could no longer specifically order shipments of the new quarters. They would only get whatever happens to be on hand when they order and the Fed ships circulated coins first then Unc coins with the oldest dates first. This means that if a bank orders quarters the only way they would get ATB quarters would be if the local Fed bank didn't happen to have any circulated or state quarters on hand. Since they had LOTS of circulated quarters and state quarters on hand orders for ATB quarters were very small and we get the low mintages[/QUOTE]
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Why such low mintages for America the Beautiful Quarters?
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