Skip to main content

Mint Statistics: Look closely at Innovation $1 sales

What sort of yardstick should we use to measure the success of the new American Innovation $1 coin? If we look at sales of 100-coin bags, the new dollar has begun with a bang. The combined Philadelphia-Denver total nearly equals the 2018 Native American dollar 100-coin bag total.

This near equality was achieved in just a few days. But before we dream of high demand and rapid sales, if you look at the 25-coin roll sales, the comparison goes very much against the Innovation dollar, 8,965 to 29,988 for the Native American dollar. Let’s see how things shake out in the coming weeks.

The American Innovation $1 proof set, which is just one S-mint coin, has a sales total of 73,398. That’s not a bad start, but it also doesn’t set collector hearts aflutter.

The Mint has chosen not to sell the 250-coin boxes of the new dollar coin. That could set us up for surprise rarity for the design a year or two from now.

 

This article was originally printed in Numismatic News Express. >> Subscribe today

 


2019 U.S. Coin Digest
If you like what you’ve read here, we invite you to visit our online bookstore to learn more about 2019 U.S. Coin Digest.

Learn more >>>


 

 

NumismaticNews.net is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com and affiliated websites.

The post Mint Statistics: Look closely at Innovation $1 sales appeared first on Numismatic News.

Comments

Popular posts from this blog

Gold goes digital: Dillon Gage introduces DGGold future of direct physical gold ownership, now available to investors

Addison, Texas (August 15, 2018) —  Dillon Gage Metals , one of the world’s largest precious metals wholesale firms and technology innovators in the industry, recently launched its first Digital Metals product: DGGold. This product is the first of its kind to be offered to the retail public through Dillon Gage’s growing precious metals dealer network. It is eligible for purchase on their proprietary online trading platform, FizTrade. DGGold, which utilizes VaultChain Gold powered by Tradewind, delivers an unprecedented method of direct gold ownership to the investment community, expanding on Dillon Gage’s already impressive lineup of product and service offerings. “I am excited to introduce Dillon Gage Metals’ newest product to the individual investor and individual retirement account investment community,” said Mark Furmanek, chief operating officer at Dillon Gage Metals. “DGGold brings an investment product, previously dominated by large institutions and bullion banks...

Royal Mint Partners with NGC to Offer Certified UK Coins

The Royal Mint, the official mint of the United Kingdom, has partnered with Numismatic Guaranty Corporation (NGC), the world's largest third-party coin grading service. For the first time, The Royal... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Letters to the Editor: Nov. 12, 2019

War in the Pacific ‘W’ Mintmark I was in the self-checkout at Walmart four weeks ago here in Mt. Vernon, Ill., and received a little bit of loose change for my purchase. I didn’t check it until I got home and was very surprised to find a War in the Pacific with a “W” mintmark. I’m just wondering if it’s something that I should send in to one of the grading companies. In other words, would it be worth more later on by doing so? I understand that it’ll cost at least   $30.00 to do so and also heard that “in the raw” is only worth maybe $25. I   hope to hear a reply. Name and address withheld   In Response to Richard Giedroyc’s Commentary I politely disagree with erudite and longtime numismatic colleague, Richard Giedroyc, whose Numismatic News story, “Get Rich” Promotion Wrong Angle for Healthy Market Growth,” was critical of a recent CNBC story entitled, “People have been making up to $100,000 off ‘coin hunting.’” He doesn’t think the hobby will benefit with an a...