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Quarter Mintages Could Increase
May 25, 2012

After I posted my blog this morning, my mind just would not change its focus from “S” mint circulation quality 2012 quarters.

I started to think like a speculator as I doodled with the 1.4 million mintage figures for each of the five America the Beautiful quarters.

It would take just 14,000 buyers of the 100-coin bag to wipe out the supply. If everyone bought just 40-coin rolls, just 35,000 buyers could grab all of the coins.

Neither number is large.

I wondered what the Mint would do in such an event, so I sent off an email.

The response came by telephone and I was told that it is the Mint’s intent to mint to demand, that is, if more than 1.4 million examples of each S-mint coin are asked for, the Mint will start up the presses and strike as many as are needed.

That eliminates any need for buyers to be attentive the first day of availability on June 21, but it might require them to check back in with the new coins in December to see if overall demand is what might be considered low.

What number is low?

1.4 million?

2 million?

3 million?

I don’t know, but when the end of the year arrives, collectors will probably know it when they see it.

Buzz blogger Dave Harper is editor of the weekly newspaper “Numismatic News.”

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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