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All Forums Category: US Coins and Currency Forums Forum: US Modern Coins

Official First Day Coin Cover From US Mint...question?

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Tpatna
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 Posted 07/14/2006  11:53 pm Show Profile   Bookmark this topic Add Tpatna to your friends list Get a Link to this Message Number of Subscribers
This may be a silly question but I have to ask...

Why does the US Mint sell these 1st day coin covers for so much?

Looking at the Quarters and Nickel 1st Day Coin Covers, they want
$19.95 each. Looks like you can buy all the quarters still, because they have not sold out. I did notice they reduced the limit to 50,000 on the one that just came out (2006 Colorado Official First Day Coin Cover).

I do not see anything in the RedBook to value these, and I do not see a demand on ebay for these.

Am I missing something?

Tim
Metalman
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 Posted 07/15/2006  03:04 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Hi Tim

I dont think there is anyway to justify the price of these first day covers, But I'm sure that they do sell some of them,,

and I can only assume that these folks who buy them believe that at some future time the collectability of such things as these will make them worth while.

I personaly am not one of them .

Rick
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All Forums Category: US Coins and Currency Forums Forum: US Modern Coins



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