Mint Releases GW Presedential Dollars First Day Coin Covers On April 4th at Noon

[Buffalo Hunter-migration]

In case you weren't able to get an order in on Feb 15th for the FDI designation, the mint will have avaliable on April 4th at Noon a P & D Coin Cover Set from the First Day Of Production. This is as close to 'first strike' coins as it gets and will have a limited issue of 50,000 sets.-

 

2007 George Washington $1 Coin Cover (P21)

[bctkorn-migration]

So if I buy these will NGC grade them as FDI. Do I not want to open the box from the mint or will that be alright.

[MunkyMan95]

Think any smoothies will be stuck in these packages?

 

Will the plastic holder allow you to see the edge?

[Buffalo Hunter-migration]

So if I buy these will NGC grade them as FDI. Do I not want to open the box from the mint or will that be alright.

If they will grade them as FDI, I have a felling the top pop figures will be changing for the better. These coins will be from the first day of production and have never been circulated unlike the FDI coins currently avaliable which were obtained from bank rolls on Feb 15th

[bsshog40]

Think any smoothies will be stuck in these packages?

 

Will the plastic holder allow you to see the edge?

 

By the looks of the picture, looks like about a 1/4" spacing around the edges.

[rrantique]

Post deleted by rrantique

[astrostu]

So what do folks think of these in terms of potential value increases? I'm not a big fan of first day covers (I have the Sac and that's it) and I tell myself I don't buy coins as an investment, but I don't want to pass something up that could potentially be like the 1999 silver proof sets.

[DC Dawg]

I love these! I don't collect them for the value. I collect them because I like them!

The Mint has been doing these covers since the Sac dollar was issued. I also have the Westward Journey nickel covers as well as all 50 States covers through 2006. I just think they're neat.

 

I will buy the President Dollar covers, too!

 

Scott

[Buffalo Hunter-migration]

So what do folks think of these in terms of potential value increases? I'm not a big fan of first day covers (I have the Sac and that's it) and I tell myself I don't buy coins as an investment, but I don't want to pass something up that could potentially be like the 1999 silver proof sets.

I think they should be at least as good of an investment as the FDI coins. With a NGC MS67 FDI selling for ~$500 and being that these would most likely grade higher if sent in since they don't come from bank rolls. They also are true coins from the first day of production, which is likely not the case with the FDI coins already graded.

[Cannon Coins]

If the state quarter covers are any indicator, these covers will be a good investment if left unopened in their cardboard mailers. If you check the prices of full sets through 2006 of quarter first day covers,unopened, you'll find that they bring a pretty good price.I like to get a few of each, then I open one to be able to look at and stash the others. I've always found them to be above average strikes with very few if any minor contact marks. Good luck ! CC

[Buffalo Hunter-migration]

I spoke with Sherrie and she said it was a no go on getting the FDI slab on these since the deadline was they had to have been received at NGC by Feb 15th. Guess it's best to keep them raw.

[bsshog40]

Well I got one set of these. Must not be a rush cause the order went thru fast!! Also, unless dates changes, show to ship 04/05

[vtrockin]

What size are these? the width of the Uncirculated Coin Sets? Be nice to be able to slide it into that box.

[bsshog40]

Never bought a first day coin cover, I don't know either.

[MunkyMan95]

They're larger than the UNC sets ifI remember correctly. I have a few for the Westward Journey nickels, and I remember that they are larger.

[DC Dawg]

I don't know about the boxes, but I use Lighthouse Vario stock pages in a 3-ring binder to hold these FDCs. The is all clear (the 2S has a black background) and contains two pockets for two covers. They are deeper than necessary, but it does not bother me and keeps the covers in place. I have been purchasing these pages from Hobby-Supplies.com.

 

Scott

[astrostu]

I think they're the size of normal office envelopes.

[Buffalo Hunter-migration]

I spoke with customer service today and they said they will certify the presidential coin covers with the FDI insert under the Modern Special tier as long as they are received in the unopened mint cover packaging

[comicAL]

Hi, All

 

I ordered some of these on 04/04/2007 at 12:45 AM and today I received an email from the US Mint stating that my order has been backordered until 4/19/07! I went on the US mint web site and my order shipping is now showing 25 units backordered. Expected to ship on 04/21/2007. I wonder what the delay is at the Mint? Anyone else experiencing this delay?

 

AAJ

[vtrockin]

I got the same backorder notice today...good 'ol US Mint...

[Buffalo Hunter-migration]

I placed two orders when they became avaliable April 4th at Noon (ET). Both orders show 'In Stock and Reserved' order is 'In Process' credit card has been charged I placed another order today and it says backordered until 04-21. I guess since only 50,000 were made they are getting close to selling out.

[bsshog40]

Yea I ordered mine at 12:02 EST 04/04, was showing to ship 04/05, now shows to ship 04/21.

[rrantique]

They are checking them all for errors before shipping

[EZ_E]

I received the same email, Al, for my 5 sets.

[Tranquility Base-migration]

Something does not add up, the coins were produced in Nov. of 2006,

the covers were probably post marked as stated on 2/15. The coins

and the covers were re-united during the next ~1.5 months, then went

on sale 4/4.

 

I would have guessed, shipping could have started on 4/5 and 4/6

(not sure if they work on Sat.), only a few people have reported actual

shipping on 4/5.

 

In my own case, the order # 24796XXX was placed at 12:01 PM on 4/4,

at first, expected ship date was shown as 4/5.

 

The following day (4/5), the expected ship date was changed to; in-stock

and reserved, no change in status as of today.

 

CC shows a pending transaction, but not completed.

 

It would seem these items should have been on a shelf, waiting for shipping

labels to print out at the fulfillment center, then packaged and sent on their way.

 

Does this seems reasonable?

[bsshog40]

Sometimes the CC payment is merely a verification that the Mint does in order to assure that the acct./card is still active and valid.

[Buffalo Hunter-migration]

They probably had only a portion of the 50,000 produced ready for shipping. Anything having to do with the presedential dollars is extremely popular ATM.-

 

Surprisingly, sales have been very brisk for the presidential first day covers. Anything Presidential $1 coin is selling better than expected and better than quarters. Forecast for GW rolls doubled. Now it's George W. who is incredibly popular so I'm sure that's the major factor driving the numbers, but subscriptions for Proof Presidents are over 250K - huge subscription number. Have to see what Adams does.

Both of the orders I placed on April 4th at Noon (ET) have shipped

[GottaLoveMS70s-migration]

Thanks for the reminder. I know for a fact that there are less than 50,000 available now!

 

I like the thought that one may be missing the edge lettering also... that would be awesome

 

Have a great one!

[bsshog40]

Yea I ordered mine at 12:02 EST 04/04, was showing to ship 04/05, now shows to ship 04/21.

 

Mine changed and shows shipped today with a tracking #.

[MAULEMALL]

Yea I ordered mine at 12:02 EST 04/04, was showing to ship 04/05, now shows to ship 04/21.

 

Mine changed and shows shipped today with a tracking #.

I ordered the first day and they show that they won't be shipped till 4-22.