February 7, 2011
The first 5-ounce America the Beautiful Quarters have proved to be extremely difficult to purchase directly from the U.S. Mint Authorized Bullion Purchasers.
The extremely popular oversized coins, the biggest ever made by the U.S. Mint, have a very low mintage – just 33,000 sets of five coins. Only a few of the Authorized Bullion Purchasers have offered the coins and usually by the time they start selling them, most collectors are unable to submit their orders on time to secure a set. The Authorized Bullion Purchasers are only permitted by the Mint to sell one set per household.
Each set of the 5-ounce America the Beautiful Quarters is selling for about $1,000 directly from the Mint Authorized Purchasers, while the same sets are currently selling for over $1,700 in the aftermarket. Therefore, they are easier to find on the aftermarket, but of course at a premium.
So it is no surprise that there are many collectors and speculators who want a set, especially if they can flip their set for a profit of $800 or more. However, every time an Authorized Dealer has sets to sell, most collectors aren't aware that the sets are available until it's too late to place their orders
It is too soon to know whether the coins will still be in high demand once all the Mint Authorized Bullion Dealers sell all the coins. I believe that if most of the individuals who bought the sets bought them in hopes of flipping them for a profit, prices may actually come down for the coins. However, if most of the individuals who purchased the coins bought them to keep for the long run, prices may actually remain strong. Only time will tell.