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Mint Stats: Do we really need First Day Covers?

 

Take a look at the numbers on these two pages. It’s a lot to absorb.

In effect, it’s a snapshot of the workings at the U.S. Mint, at least as to how it pertains to sales and marketing. On a personal note, I like to keep an eye on the 5-ounce silver coins. Although not the most popular coin in the U.S. Mint catalog, I have a soft spot for them.

But what I don’t care much about, and it seems I am in good company in that regard, are the First Day Coin Covers. Frankly, I didn’t even know what they were (A cover for a coin? Really?), so I had to check it out on the U.S. Mint website.

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Two presidential coins and a stamp on a nice piece of paper that honors the president just isn’t what I’m looking for. And as I tallied the weekly sales, I noticed not too many others care. This past week there were fewer than 10 covers sold for Harrison, Tyler, Polk, Buchanan.

So should the Mint pull the plug on First Day Coin Covers? It’s our poll question this week. We’d like to know.

Oh, and don’t get me started on the Presidential $1 coin and First Spouse medal sets. Those sales were even worse.

More Coin Collecting Resources:

State Quarters Deluxe Folder By Warmans

• Subscribe to our Coin Price Guide, buy Coin Books Coin Folders and join the NumisMaster VIP Program

Strike It Rich with Pocket Change, 2nd Edition

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