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Bid summer, Oregon quarter a fond farewell

When you’re a kid, the worst day of the year is the last day of summer vacation. At least it was for me.

All I would do is sit and watch the clock tick away my last hours of freedom. School was going to be back in session and there was nothing I could do to stop time.

As so many of our nation’s youth get ready to face the inevitable, we say goodbye to summer and bid farewell to the Oregon state quarter and Crater Lake, a place where many families go to unwind.

The last known sales figures for the Oregon quarter are seen in a box to the right. Already, initial sales figures are reported for its replacement, the Kansas quarter, and they show that 19,414 of the 100-coin bags (9,754 “P” and 9,660 “D”) have been sold, along with 1,204 of the 1,000-coin bags (584 “P” and 620 “D”) and 40,036 of the two-roll sets.

As for Oregon, it held its own with the other state quarters released in 2005. Of course, California was king, having sold 45,537 100-coin bags, 3,376 1,000-coin bags and 89,455 two-roll sets. As you can see, Oregon didn’t quite reach those figures, but it did okay.

A better gauge of Oregon’s value is  to see how it did against a state similar to it, say Minnesota. With its Crater Lake image, Oregon fared well, outselling Minnesota in two-roll sets 71,498 to 64,318. 100-coin bags of the Oregon quarter also sold better than Minnesota, but only by less than 1,000. And more 1,000-coin bags of the Minnesota quarter were sold than its Oregon cousin, by a 2,752 to 2,348 margin.

Regarding the Sept. 6 issue breaking news segment in this column about the 2005 Marine Corps 230th Anniversary commemorative, I want to explain why it was handled the way it was.

See, when we were compiling the statistics for the Marine commemorative, we noticed that it appeared it was on the verge of selling out. So we called the Mint to see if this was the case. They told us that a press release was being written that would reveal that the Mint was capping mintage of the American Legacy Collection at 50,000.

However, the information could not be released until Mint officials gave the go-ahead, which eventually occurred  very late on the afternoon of Wednesday, Aug. 24. The problem is, the column had already been written and most of NN had been laid out already to go to press. So we put in a short paragraph about it.

Here’s the deal: because sales of the Marine dollar have been so strong, the Mint decided to limit the Legacy Collection to 50,000 in order to make the remaining coins available as individual options. It’s as simple as that.

As of Aug. 30, 566,356 USMC coins had been sold. Though sales have slowed considerably, it seems time is of the essence if you want a Marine commemorative for yourself.

Have a question? Write to me at Peter.Lindblad@fwpubs.com.

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