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Dockwalliper
I was looking at the mintage figures and sales for the 2006 sac dollars and found this interesting.

Denver mint.
Coins minted...........................2,800,000
250 coin bag sale(in coins) ..........667,500
25 coin roll sales(in coins).........1,161,600
Mint set sales..............................859,221
Total coins sold.........................2,688,321
Coins remaining..........................111,679

Fairly close and I believe the mint sets are still on sale. But.....

Philadelphia mint.
Coins minted..........................4,900,000
250 coin bag sales (coins)..........795,000
25 coin roll sales (coins)..........1,461,250
Mint set sales............................859,221
Total coins sold.......................3,115,471
Coins remaining......................1,784,529

Were the Philly dollars included in another set?
Are these extra 1.7 million coins headed for circulation? (Maybe not here, maybe in S. America?)

Anyone have a thought?
Art
I'd guess that the extras went to South America. From what I've read the SAC is a basic unit of exchange in several countries there. Mostly because of its durability vs. the paper dollar. The Mint is probably putting away a number each year for the 2075 GSA sale.
Scottishmoney
Curious thing about the Washie buck thing, is there have to be as many Sackies minted as the other dollars, so you should see them.

My guess is the 2006's are getting used in Ecuador, where they actually like it. Maybe that is the real reason the mint is making these losers by the millions, so they can overtake the currencies in Latin America where they like coins and they last longer than bills.
ccg
QUOTE(Art @ Mar 1 2007, 05:37 AM) [snapback]306277[/snapback]

The Mint is probably putting away a number each year for the 2075 GSA sale.


rofl1.gif
jtryka
Are you certain the final mintage figures are correct? If so, my guess is they are sitting in a vault somewhere, and I would be less surprised by the 2075 GSA sale than if they actually shipped them to Ecuador (after all, they probably still have half a billion 2000-01 they could ship, why bother with a million 2006-Ps?).
mgk920
There has been some discussion in other forvms on this topic as several of their regular $1 coin users have occasionally been reporting sudden appearances of large numbers of 'minty-fresh' 2002 to 2005 Sacs in their regular bank supplies.

I mused and it was generally agreed that the USMint disposes of unsold inventory of collector sets of regular circulation coins by placing them into regular circulation. We just don't notice it with the others (ie, the State Quarters) simply because they blend in with all of the rest of them.

In other notes, I'd *LOVE* to see statistics on how many coins of all the denominations are currently in USTreasury and Fed inventory. I recall seeing something a couple of years ago that said that so many State Quarters have been made that the USMint could stop production of quarters today and not have to restart it until at least 2013 - a five+ year inventory. As of late 2006, from what I am aware of, the inventory of Sacs was such that had the Presibux program not started, the USMint would have needed a regular business-strike production run (about 100-150M coins/year) sometime in 2008.

Mike
Dockwalliper
QUOTE(jtryka @ Mar 1 2007, 10:15 AM) [snapback]306307[/snapback]

Are you certain the final mintage figures are correct?


Got them right off the mint site.
Dan769
Not 2006's but a friend went to the post office, bought some stamps from the vending machine, and received brand new 2000-P sacs in her change.

7 years later and they sre still bouncing around.
Dockwalliper
I just found out that the mint set Satin finish coins are not included in the mintage count of circulation coins, so there are even more extra coins than I thought.

1 million extra D's and 2.5 million extra P's.
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