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New BEP Product Sales Overwhelm Order Lines
 | By Bank Note Reporter
November 26, 2007 |
A rush of orders overwhelmed the Bureau of Engraving and Printing's Web site and phone lines for a time Nov. 16, the day a number of new Bureau of Engraving and Printing products went on sale.
In addition to a show souvenir card offered for $20 each, the BEP began selling Series 2001 $50 Federal Reserve star notes of the Richmond district. Fewer than 3,700 are to be made available and all have serial numbers less than 4,000. Price is $79.95 each and an order limit of 10 per household was to be in place for the first two weeks.
Uncut sheets of Series 2003A $2 Federal Reserve Notes went on sale at $21 for a sheet of four, $33 for a sheet of eight, $55 for a sheet of 16 and $90 for a sheet of 32 notes. These are drawn on the Richmond bank and there are no sales limits. This is the fourth bank offered for the series. The BEP still has San Francisco and Chicago sheets, but the Kansas City bank $2 sheets are sold out, said BEP marketing manager Kevin Brown.
A subscription program also began Nov. 16 for 2,500 sets of Series 2004 $20 Federal Reserve Notes with serial numbers below 4,000. These are the first colorized notes.
The cost is $479.95 for all 12 Federal Reserve districts. The notes will be released in three installments. The Atlanta, Boston, New York and Philadelphia notes will comprise the first installment. If any are left they will also be available for sale for $45 per note at the Florida United Numismatists show starting Jan. 10, 2008, the day after the subscription rolls close.
Order limits are 10 per household for the subscription period.
The second installment features the San Francisco, Dallas, Minneapolis and Kansas City districts. The third installment offers Richmond, Cleveland, Chicago and St. Louis districts.
The second installment will be offered at the American Numismatic Association's National Money Show in March and the third installment at the ANA World's Fair of Money in July if any remain.
Phone and Internet sales of these products kicked off at 8 a.m. Eastern time Nov. 16.
On Nov. 9, the BEP started selling Lucky Money for the Year of the Rat. These are Series 2006 $1 Federal Reserve Notes with serial numbers that begin "8888." They cost $5.95 each by mail. There are no order limits because there are up to 68,888 available.
Check the BEP Web site at www.moneyfactory.gov for more information. Telephone orders may be placed at (800) 456-3408. Phone hours are 7:30 a.m. to 7:30 p.m. Eastern Standard Time.
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