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ATB 'P' Mint Mark Coin Thread

Discussion in 'PM's - Coins - Numis - Base Metals' started by chief, Apr 27, 2011.



  1. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    The US Mint cumulative sales figures did not update this past Tuesday. The latest update is still the week of April 2, 2017 which shows most updated mintage for the Effigy "P" is at 15,363. Apparently silver "Animal Crackers" are not very popular at the moment.
     
  2. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    Yeah that makes a lot of sense and it should be done but with the US Mint, the opposite will probably happen if spot silver continues to make a run to $20. However, I do not know what the average spot price of silver needs to stay above to trigger a US Mint increase in the price of the "P" pucks.
     
  3. savvydon

    savvydon Gold Member Gold Chaser

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    If memory serves the last price decrease was when silver dropped below about $25. The kept it unchanged all the way down to $14. I wouldn't expect a price change unless and until silver moved outside these price boundaries.
     
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  4. Dude

    Dude Midas Member Midas Member

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    I just did the last 90 day check, similar to what I did when the 10% ebay bucks came up - and paid a lower effective rate than issue. About 100 on the 90 day check were below and most of those were very close to issue. 1000 were over. Some of those 100 had hand held pics with no box. One year (the Hawaii year), I bought 25 from the mint and sent back 10 for replacement, knowing the extra shipping charges were shared (lowered) across multiple pieces. When buying these off ebay though, you might get poor quality for a $5 savings. If the mint dropped another $20 off the P pucks, I'd buy way less bullion pucks. Of course as I can pick up eagles at 2-2.29 over spot at times, I mix it up as it seems the low dollar for bullion pucks is about 2.75 over spot. I don't pass up deals on junk either and give a little more for bu rolls. Silver 5 coin proof quarter sets can be had way below mint issue, just watch you don't buy a clad set for $15.
     
  5. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    According to the April 16, 2017 Cumulative sales figures:

    Effigy "P" - 14,242

    https://www.usmint.gov/cumulative-sales-figures

    That was down from 15,363 that was reported on the April 2, 2017 Cumulative sales report. I am guessing they adjusted for sales that did not go through for whatever reason (card declined, returns?).
     
  6. Foxwoods Man

    Foxwoods Man Silver Member Silver Miner

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    That's a significant drop....
     
  7. savvydon

    savvydon Gold Member Gold Chaser

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    Another recent low... 2017 for ATBs is starting out slow.
     
  8. SongSungAU

    SongSungAU Midas Member Midas Member

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    I wish the US Mint would put an alert on their website when they get down to the last 500 or so coins for a particular issue. I missed out on the Teddy coin because I was just going to order it when I ordered the Fort Moultrie 5 oz. coin. They suddenly put "sold out" and I was out of luck.

    I called the US Mint and asked if I could be put on a waiting list if any Teddy 5 oz coins were returned. I said I would be happy to buy a return. The gal at the US Mint told me no. She said if any coins were returned, they would not be for sale.

    Well screw the US Mint. I have been collecting these since the very first one but since I missed out on the Teddy, I have lost interest.

    Had the website shown some indication that the stock was running low on the Teddy, I would not have delayed my ordering of them. But the way the website works, it's hit or miss. You may wake up one morning intending to place an order and find the coin you wanted now says "sold out."

    They need some kind of indication so people know when the available stock is running low. Be that 1,000 coins or 500 coins... something to indicate to those who are interested that they need to not delay any longer.

    Yes, I'm an upset customer. I've been a customer for a long time but this pisses me off. So screw the Effigy Mounds 5 oz coins.

    Okay, my rant is over.
     
  9. Foxwoods Man

    Foxwoods Man Silver Member Silver Miner

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    It's very easy to see if there are more than 100 left. Just put in an order for 100 and it will give the remaining number if it's under 100. I do it all the time for the pucks. For instance there are over 100 Moultrie left
     
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  10. SongSungAU

    SongSungAU Midas Member Midas Member

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    Thanks for that tip, Foxwoods Man.

    I could buy the Teddy from Apmex or somewhere but I like buying directly from the mint and having a U.S. Mint receipt. I can't do that now.
     
  11. savvydon

    savvydon Gold Member Gold Chaser

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    Stuff happens. it would be a shame to abandon ship with so much of the journey already under your belt. 2c
     
  12. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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  13. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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  14. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    The Effigy "P" mintage as of the April 30, 2017 USMint.gov report still shows it under 15,000. The Effigy "P" mintage is now at 14,595 according to the April 30, 2017 report:

    https://www.usmint.gov/cumulative-sales-figures

    As a reference, the 2012 Hawaii Volcanoes "P" finished at a mintage of 14,863, the 2012 Arcadia "P" finished at a mintage of 14,978 and the 2012 Denali "P" finished at a mintage of 15,225. The Effigy "P" is currently at 4th place in terms of mintage.

    My take: I do not feel that the Effigy "P" will hold under 15,000 mintage. I am making a WAG that the mintage will finish between 15,500 and 16,750. However, if the Effigy "P" mintage did somehow finish under 15,000, then it may not get the same premium like Volcanoes and Arcadia. Mainly because of the design on the Effigy "P" where a lot of collectors and others are disappointed with and strongly dislike the design based on other coin collector forums and USMint blog comments.

    The Frederick Douglas "P" became available for sale today at 12 noon. The next report will show the initial numbers for that one.

    I still think that the 2017 ATB "P" puck set as a whole will have a low mintage just like 2012 ATB "P" puck set had as a whole. We will see.
     
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  15. Foxwoods Man

    Foxwoods Man Silver Member Silver Miner

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    No clue what the Effigy P mintage will be but the last bunch (2016) all stopped just short of 19k. They just stay on sale forever so I will guess at or near 18k...Moultrie just broke the 17k mark and is working its way up...but....maybe 2017 will be different
     
  16. savvydon

    savvydon Gold Member Gold Chaser

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    I'm pretty sure Effigy will stay below that number. We are still below 15,000 and Frederick Douglas is now on sale. The vast majority of these pucks are sold in the early going. The price is way above melt so all the flippers/resalers move in early and after that sales just dribble in without any major reason to bump. 2c
     
  17. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    As far as I know, the 1st day of sale for any "P" puck is the biggest since all of the collectors who plan to buy one to complete the set will buy one on day one. While it is certainly possible for the USmint to continue the sale of the "P" pucks until it "sells out" at/near 19K is possible, it is also possible for the USMint to simply just say "Fuc this crap" and just declare the Effigy "P" a "sell out" after just 15K if weekly sales of it continue to decline after each week.

    Please note that this post is all just a WAG on my part which leads me to my following statement:

    We never know what the USMint will (or won't) do. We will have to see how things play out.
     
  18. Foxwoods Man

    Foxwoods Man Silver Member Silver Miner

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    Considering what the Mint makes on each one of the P's there should be no rush to "sell out"
     
  19. savvydon

    savvydon Gold Member Gold Chaser

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    Agree. I believe the mint made plenty go these anticipating demand would be similar to last year. If they now have a bunch on hand I would think they will let them stay on sale for most if not all of the rest of the year.

    What could get interesting is if they adjust minted numbers down and then get surprised by heavy sales from a popular issue such as Ellis island/New Jersey coming up.

    I'm sure the person responsible for making mintage recommendations at the mint doesn't have an easy job.
     
  20. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    Week of May 7, 2017 USMint report shows the following:

    Effigy "P" = 14,782

    Frederick Douglas "P" = 13,761
     
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  21. savvydon

    savvydon Gold Member Gold Chaser

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    How low can you go?!
     
  22. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    Good question. I guess we will find out eventually. I still think that these 2017 "P" pucks (and the 2017 bullion versions) will have similar low mintages like the 2012 "P" pucks did but the only difference between 2012 and 2017 is that the 2017 "P" pucks will not have the demand like the 2012 ones did and therefore the 2017 "P" pucks will not command the kind of premium that the 2012 "P" pucks did. The demand for these pucks (bullion and "P" versions) is a lot less now given the low sales figures for both versions especially the "P" version given the current high premium.
     
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  23. savvydon

    savvydon Gold Member Gold Chaser

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    I generally agree with this analysis. However, the unknown is how popular the greater silver market in general will be in the coming years. If the series takes off and these are the mintage lows then these issues may appreciate significantly. 2c
     
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  24. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    Week of May 14, 2017 USMint report shows the following:

    Effigy "P" = 14,874

    Frederick Douglas "P" = 14,220
     
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  25. Silver Art

    Silver Art Silver Art Bar collector Platinum Bling

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    Week of May 21, 2017 USMint report shows the following:

    Effigy "P" = 14,984

    Frederick Douglas "P" = 14,657
     

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