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#1
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First Flight coin sales ended
There was a recent announcement that sales of the First Flight commem coins
have ended at 33% of maximum allowed (1.35 million). Was the entire authorized mintage of proof/unc gold eagles, dollars and halves produced, or were the coins essentially "minted to order"? If more were minted than actually sold, will the surplus then be melted? Sold in bulk to dealers? Stored away in vaults? Should we consider buying some 2003-P BU F/F dollars on the secondary market, considering actual mint sales of only 53,761 pieces, or is this a typical mintage for these commems? Bruce |
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#2
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were the coins essentially "minted to order"?
Yes. Under this admininstration, the US Mint has gone heavily toward "just in time" production of mint products. Should we consider buying some 2003-P BU F/F dollars on the secondary market, considering actual mint sales of only 53,761 pieces, or is this a typical mintage for these commems? The F/F UNC $1 is #19/52 in total mintage among $1 UNC commems, meaning that there are 18 so far with lower mintages (33 with higher). It is unlikely that this will be one of the "hot" items. Most of the action focuses on the top ten. Regards, Tom |
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