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Received Yosemite Quarters today!!!

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oly

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Aug 27, 2010, 5:36:10 PM8/27/10
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I received two Yosemite "P" mint Quarters from a pop machine in
Bloomington, IL. The Mint has really squeezed the coin's relief down
to an exceptionally low level.

oly

Jass

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Aug 28, 2010, 2:25:05 AM8/28/10
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I havent seen any see quarters past DC. And only ONE DC coin.

I never had this kind of situation before 2009.

oly

unread,
Aug 28, 2010, 8:08:20 AM8/28/10
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On Aug 28, 12:25 am, Jass <jamesincl...@yahoo.com> wrote:
> I havent seen any see quarters past DC. And only ONE DC coin.
>
> I never had this kind of situation before 2009.

Over the last two weeks, I've gotten several DC quarters. However,
since I stick them into Dansco albums if they are of acceptable
overall quality, that makes me part of the problem, comme d'habitude.

In the grand scheme of things, (1) the mintages for the 2009 DC&TERR
quarters and the first two NPQs are relatively low, and (2) the
combined effects of the high early mintages of SQs and the present
very slow national economy have resulted in a situation where banks
don't need to order additional quarters from the Fed.

There will surely be a burst of 2009 quarters in circulation someday.
It might take several years before that happens.

oly

Michael G. Koerner

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Aug 28, 2010, 11:34:23 AM8/28/10
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I've gotten at least one of each of the territorial designs, too, one or the
other mintmark. If you check the USMint's website, you'll see that production
is down PRECIPITOUSLY, from about 500M of each design (both mintmarks
together) of the state quarters through Hawaii to 60M-70M of each design of
the park quarters. For 2009, DC and PR were 172M and 139M, respectively, and
the other territories were generally in the range of 80M.

All of the other denominations other than dollars are down by similar percentages.

--
___________________________________________ ____ _______________
Regards, | |\ ____
| | | | |\
Michael G. Koerner May they | | | | | | rise again!
Appleton, Wisconsin USA | | | | | |
___________________________________________ | | | | | | _______________

Richard L. Hall

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Aug 30, 2010, 11:53:33 AM8/30/10
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"Jass" <jamesi...@yahoo.com> wrote in message
news:3607be48-2c27-4d1b...@t5g2000prd.googlegroups.com...

>I havent seen any see quarters past DC. And only ONE DC coin.
>
> I never had this kind of situation before 2009.

Same here! I haven't gotten any quarters past the DC one either.

I also went through 20 rolls of nickels a couple of weeks ago and didn't
find a single 2009 or 2010 nickel. I did find a nice 1942-D though.


--
Richard
http://coins.richlh.com/MyCoinLinks.htm
http://www.richlh.com
Don't lament that the rose bush has thorns. Rejoice that the thornbush has
roses. [Ancient Egyptian Saying]


Richard L. Hall

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Aug 30, 2010, 1:02:18 PM8/30/10
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"Michael G. Koerner" <mgk...@dataex.com> wrote in message
news:Lo-dnRetOsHmseTR...@ntd.net...

> On 2010.08.28 07:08:20, oly wrote:
>> On Aug 28, 12:25 am, Jass<jamesincl...@yahoo.com> wrote:
>>> I havent seen any see quarters past DC. And only ONE DC coin.
>>>
>>> I never had this kind of situation before 2009.
>>
>> Over the last two weeks, I've gotten several DC quarters. However,
>> since I stick them into Dansco albums if they are of acceptable
>> overall quality, that makes me part of the problem, comme d'habitude.
>>
>> In the grand scheme of things, (1) the mintages for the 2009 DC&TERR
>> quarters and the first two NPQs are relatively low, and (2) the
>> combined effects of the high early mintages of SQs and the present
>> very slow national economy have resulted in a situation where banks
>> don't need to order additional quarters from the Fed.
>>
>> There will surely be a burst of 2009 quarters in circulation someday.
>> It might take several years before that happens.
>
> I've gotten at least one of each of the territorial designs, too, one or
> the other mintmark. If you check the USMint's website, you'll see that
> production is down PRECIPITOUSLY, from about 500M of each design (both
> mintmarks together) of the state quarters through Hawaii to 60M-70M of
> each design of the park quarters. For 2009, DC and PR were 172M and 139M,
> respectively, and the other territories were generally in the range of
> 80M.

That's not surprising! Mintage of coins usually drops dramatically during a
recession and this recession is probably the worst since the great
depression although in the Reagan depression of 1982-1983 was also very bad.
Then, the unemployment rate hit 10.1% in September 1982, peaked at 10.8% in
November and December 1982, and stayed above 10% for 10 months falling to
9.4% in July 1983. There were no mint sets made in 1982 or 1983 and, in
1982, other than the cent, mintages of most coins were well below that of
previous years.

Message has been deleted

sgt23

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Aug 31, 2010, 3:00:31 PM8/31/10
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On Aug 31, 3:41 am, Jass <jamesincl...@yahoo.com> wrote:
> > That's not surprising!  Mintage of coins usually drops dramatically during a
> > recession and this recession is probably the worst since the great
> > depression although in the Reagan depression of 1982-1983 was also very bad.
> > Then, the unemployment rate hit 10.1% in September 1982, peaked at 10.8% in
> > November and December 1982, and stayed above 10% for 10 months falling to
> > 9.4% in July 1983.  There were no mint sets made in 1982 or 1983 and, in
> > 1982, other than the cent, mintages of most coins were well below that of
> > previous years.
>
> Except this recession is accompanied with major changes to credit card
> laws which mean more people should be using cash (than in 2006, not
> 1982)

From what I've read and heard (I was only 2 years old in 1982) credit
cards were a lot harder to get in 1982. There is the other problem.

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