Entries from March 2010 ↓

2010 Boy Scouts of America Centennial Silver Dollars

The United States Mint began sales of the 2010 Boy Scouts Silver Dollars on March 23, 2010. This represents the second of two commemorative coin programs for the year, the other was the 2010 American Veterans Disabled for Life Silver Dollars released on February 25, 2010.

The current program commemorates the 100th anniversary of the Boy Scouts of America. Silver Dollars are available in proof or uncirculated versions, both produced at the Philadelphia Mint. The maximum authorized mintage is 350,000 coins across both versions.

boy-scouts-coins

The design for the Boy Scouts coin has been a point of contention for many. A Cub Scout, Boy Scout, and female Venturer are depicted saluting. The theme is intended to represent the evolution of the organization to encompass all of the youth of America, i.e. not just boys. This theme seems to have been preferred by the Boy Scouts organization over an alternate theme, which would have highlighted the continuity of the Boy Scouts from 1910 to today.

For the introductory sales period, the proof version of the coin is priced at $39.95 and the uncirculated version is priced at $33.95.

2010 America the Beautiful Quarters Unveiling

Earlier this week, the United States Mint unveiled the designs for this year’s America the Beautiful Quarters. A special event was held in Washington, DC with attendees including the Director of the US Mint, the Secretary of the Interior, the United States Treasurer, and more.

Despite the build up to the event, for which collectors have been waiting nearly three months, the unveiling seemed a little bit anticlimactic. The candidate designs for the quarters have been circulating for about six months. I think the final selections for at least three of the quarters were pretty widely expected. The two less certain selections were for Hot Springs National Park- I expected the single image of the fountain to be used, and for Yosemite National Park- both the Half Dome and El Capitan seemed to be close contenders.

Below are image of the final selections. For the most part, these are the same line art representations that were revealed many months ago. The only difference I can spot is the removal of some illegible writing above the NPS seal on the Hot Springs Quarter.

The first quarter will be released on April 19, 2009. The exact release dates for the other four issues are still unknown.

Hot Springs Quarter

yellowstone-quarter

yosemite-quarter

grand-canyon-quarter

mount-hood-quarter

2010-W Abigail Fillmore First Spouse Gold Coin

Tomorrow the United States Mint will release the latest issue of the First Spouse Gold Coin series. The coin will honor the spouse of President Millard Fillmore, Abigail Fillmore. She served as the First Lady from 1850 to 1853.

Abigail Fillmore First Spouse Gold

The obverse of the coin features Abigail Fillmore’s portrait, the order of the Presidency, and years served as First Lady. The reverse features an image of her shelving books in the White House Library that she founded. As with other coins of the series, each is struck in one-half ounce of 24 karat gold.

As a change from prior releases, the US Mint has set a maximum authorized mintage of just 15,000 across both proof and uncirculated versions. There will be no household ordering limit in place for the start of sales on March 18, 2010. All previous releases of the series had maximum authorized mintages set at 40,000.

Even though the recent releases of the series have not reached sales of 15,000, I think the lower maximum mintage might inspire higher sales and possibly set up a situation for a sell out.

The issues which have most recently concluded sales (the 2008 releases) have sold around 11,000 to 12,000 coins. By setting the maximum just above this level, the perception of collectors might change. Before a sell out was barely considered, now it becomes a distinct possibility. This might add a new spark to the four year old series.

America the Beautiful Quarters Coming April 19, 2010

Hot Springs QuarterAfter many months of waiting, the first coin in the new America the Beautiful Quarters coin series is finally scheduled for release next month.

The new twelve year series will feature depictions or representations of National Parks or National Sites in each of the 50 States, 5 US Territories, and the District of Columbia. There will be five coins release each year from 2010 to 2020 with one final design released in 2021.

To date, the designs for 2010 America the Beautiful Quarter have still not been released. The US Mint will finally unveil them on March 24, 2010 at a ceremony held in Washington DC at the Newseum. The following sites will be depicted on the five different quarters:

  • Hot Springs National Park in Arkansas
  • Yellowstone National Park in Wyoming
  • Yosemite National Park in California
  • Grand Canyon National Park in Arizona
  • Mount Hood National Forest in Oregon

The first quarter featuring Hot Springs is expected to be released on April 19, 2010. This is the date the US Mint has set for the release of the first America the Beautiful Quarter products. There will be 100-coin bags, 1000-coin bags, and a two roll set.

The official circulation release and ceremony should also be held around the same date. In most cases, the product release date corresponds with the circulation release date.

Millard Fillmore Presidential Dollar Mintage

The United States Mint has just posted the final production figures for the Millard Fillmore Presidential Dollar. This is the first Presidential Dollar coin to be released for the year 2010 and the thirteenth release of the series overall.

The Philadelphia Mint produced 37,520,000 coins and the Denver Mint produced 36,960,000. This makes a total mintage of 74,480,000 across both facilities.

Comparing these figures to prior Presidential Dollar mintages shows that Millard Fillmore has the lowest overall mintage, coming in below the 78,260,000 mintage for the Zachary Taylor Dollar. The lowest mintage for an individual circulation strike issue still rests with the 2009-D Zachary Taylor Dollar at 36,680,000.

It seems likely that the trend for lower Presidential Dollar mintages will continue this year… at least until the release of the Abraham Lincoln Dollar in December.