by World Mint Coins Staff on September 7, 2010
Confirming the speculations of many in the coin collecting business, the US Mint is currently striking 2010 Proof American Gold Eagles, as relayed in an article about the U.S. Mint and the coins on sister site CoinNews.net.
This is comforting and happy news for coin collectors who have practically been on the edge of their seat waiting for information of the numismatic strikes. Collectors have been unable to obtain these proof quality Eagles since they were last available in 2008.
The US Mint was forced to cancel production of the Proof Eagles in 2009 because of the intense demand it was experiencing for the bullion versions of the strikes. That marked the first time the Mint did not strike an annual version of the Proof Gold Eagles since they were first introduced back in 1986.
According to the way the law was written authorizing the Eagles, the Mint must strike the bullion Eagles to meet demand. Unfortunately, as they were not able to procure enough gold blank planchets, that demand was never fully satisfied. As such, the numismatic versions were not produced.
[click to continue…]
by World Mint Coins Staff on September 3, 2010
Two themes dominate the US Mint's Product Schedule for September 2010, James Buchanan and the Grand Canyon. Together, the two encompass all of the products scheduled to be released during the month.
The James Buchanan products tend to deal mostly with the related First Spouse coins. Typically, this series honors the spouses of the former Presidents of the United States. However, as Buchanan (the 15th President) never married, the Spouse strikes contain his image on the reverse instead and are known as the Buchanan's Liberty Gold Coins. The name is derived from the fact that each contains an image of Liberty on their obverse.
The Buchanan Presidential Dollar honoring him was released back on August 19th, but the First Spouse Coins were only issued on September 2, 2010. Each of the Spouse Coins are struck from 1/2 ounce of 24-karat gold. They are available in either proof or uncirculated condition and currently are on sale for $779 for the proof and $766 for the uncirculated. This price may be adjusted weekly as the Mint links the precious metal coins to the average spot price of gold the previous week. [click to continue…]
by World Mint Coins Staff on September 1, 2010
The United States Mint has announced the official details for the next release of the America the Beautiful Quarters® Program - the Grand Canyon National Park Quarter.
Marking the fourth of five strikes to be released under the program this year, the Grand Canyon Park Quarter honors the national park which is located in Arizona. It follows the release of the Hot Springs Park Quarter representing Arkansas, the Yellowstone Park Quarter representing Wyoming and the Yosemite Park Quarter representing California. Due to be released yet this fall is the Mount Hood Forest Quarter which represents Oregon.
All five of the coins serve as the inaugural year strikes for the America the Beautiful Program which is set to have five new quarters issued annually as part of it. Each of these quarters represent a different site of national interest from around the United States. One site was chosen from each state, the District of Columbia and the five territories of the United States. The release order for the quarters is linked to the date in which the honored site came under the direct control of the federal government. [click to continue…]
by World Mint Coins Staff on August 29, 2010
The United States Mint is in full Buchanan mode with two coins related to the former President of the United States either out or due to come out.
First, the James Buchanan $1 Coin Rolls were released by the US Mint recently on Thursday, August 19th, 2010. Buyers have their choice of a roll of 25 coins struck to circulation quality at either the US Mint's facility in Denver or a roll of 25 coins struck to circulation quality at the US Mint's facility in Philadelphia. Either choice is available for the price of $35.95, plus the Mint's standard handling charge of $4.95 per order.
Featured on the obverse (heads side) of the Buchanan $1 Coin is a portrait of the former President. It was designed by United States Mint Sculptor / Engraver Phebe Hemphill. The reverse (tails side) of the strike contains the standard design found on the reverse of all of the Presidential $1 coins - the Statue of Liberty. It was the work of United States Mint Sculptor / Engraver Don Everhart. [click to continue…]
by World Mint Coins Staff on August 26, 2010
The 2010 United States Mint Silver Proof Set™ has officially been released as of Noon (Eastern) today, Thursday August 26, 2010.
This set is always popular with collectors and comes a month after the Mint released the even more popular standard 2010 Proof Set. Both sets offer special proof versions of the fourteen circulating coins of the United States. However, making the Silver Proof Set unique is the fact that half of the coins included are struck from 90% silver.
Included in the set are the following coins:
- (4) 2010-S Presidential $1 Coins (Fillmore, Pierce, Buchanan, and Lincoln)
- (1) 2010-S Native American $1 Coin
- (1) 2010-S Kennedy half-dollar (struck from 90% silver)
- (5) 2010-S America the Beautiful Quarters (Hot Springs National Park, Yellowstone National Park, Yosemite National Park, Grand Canyon National Park and Mount Hood National Forest) (struck from 90% silver)
- (1) 2010-S Roosevelt dime (struck from 90% silver)
- (1) 2010-S Jefferson nickel
- (1) 2010-S Lincoln cent [click to continue…]
by World Mint Coins Staff on August 23, 2010
Taking less than 11 days from its initial release, the US Mint has officially placed the 2010 Proof Platinum Eagles on its "No Longer Available" list indicating it is now officially sold out.
The coin was first offered to the public on Thursday, August 12, 2010 at Noon (Eastern). Initial price of the strike was $1,892 each, with a household limit of 5 in place.
Jump ahead just a few days and the Mint indicated it had sold an amazing 8,268 of the coins from its release through to the following Sunday. This accounted for 82% of the total mintage of 10,000 put in place by the Mint. [click to continue…]
by World Mint Coins Staff on August 20, 2010
Taking only a week, the 2010 Proof Platinum Eagle is all but sold out from the US Mint.
Technically, the Mint placed the Eagles on a "Waiting List" option which means that the entire mintage of the strikes has already been spoken for. However, by offering the waiting list, the Mint can insure all of the Eagles are sold even if some of the previous orders are canceled or returned. This has been standard practice for the Mint as of late.
Those wishing to be placed on the waiting list may do so via the Mint's website of www.usmint.gov or by calling their toll-free number of 1-800-USA-MINT. It is important to keep in mind that it is for the waiting list only, so previous orders need to be canceled for some reason for the new orders to be fulfilled. [click to continue…]
by World Mint Coins Staff on August 18, 2010
The United States Mint has indicated that it will strike up to 500,000 of the 2010 America the Beautiful Silver Bullion Coins.
This comes as welcome news to collectors who have been anxiously waiting for any information on the new series of bullion coins. Up to this point, the Mint has only alluded to several issues it had in striking the coins, most notable of which is the fact that the authorizing legislation requires the bullion coins fineness and weight to be edge-incused on each strike.
Preliminary testing resulted in a "crumpling effect" as the process of incusing the edge proved too much for the coins. Mint Director Ed Moy described some of the related issues earlier this year: [click to continue…]
by World Mint Coins Staff on August 13, 2010
As noted last week by World Mint Coins, the United States Mint has released the 2010 American Eagle Platinum Proof Coin.
Available as of noon yesterday (Thursday, August 12, 2010), the 2010 Platinum Eagle sells for $1,892 each with a maximum household limit of five per household. The coins themselves continue the series of platinum coins which debuted back in 1997 and have been available annually since.
Making these coins even more unique and collectible is the fact that they also mark the second of six newly designed Platinum Eagle special reverse coins issued by the Mint which are emblematic of the six principles found in the Preamble of the United States Constitution. The US Mint asked Chief Justice of the United States Supreme Court John G. Roberts, Jr. to write narratives based on those six principles and the reverse of the Platinum Eagles have been used to portray the themes of those principles. [click to continue…]
by World Mint Coins Staff on August 9, 2010
The US Mint will launch the James Buchanan Presidential $1 Coin on Thursday, August 19th, both into circulation as well as with an official launch ceremony.
Of course, the circulation of the coins will be handled by the Federal Reserve System and the local banks and not by the Mint. The Mint just strikes the coins and makes them available for the Federal Reserve to distribute as needed based on demand.
The official launch ceremony, however, is completed in conjunction with the Mint and will be held at at Wheatland, the former President's home, in Lancaster, Pennsylvania. The function will start at 10AM, Eastern Time. [click to continue…]
Confirming the speculations of many in the coin collecting business, the US Mint is currently striking 2010 Proof American Gold Eagles, as relayed in an article about the U.S. Mint and the coins on sister site CoinNews.net.
