The United States Mint recently returned the 2011 Commemorative Gold Coins to availability after having pulled them from its store shelves last week. The suspension of the 2011 US Army Gold Coins and the 2011 Medal of Honor Gold Coins came in response to gold prices which were swinging significantly higher at the time.
That increase in the price of gold saw the bullion values of the commemorative strikes reach within a few dollars of where the US Mint was selling them for. That small gap forced the Mint to halt additional sales and place a note of "This product is temporarily unavailable for product repricing" on the affected product pages of the Mint's website. [click to continue…]
Collectors surfing the website of the United States Mint may have noticed that they are currently unable to order any of the four 2011 Commemorative Gold Coins. This includes the proof and uncirculated 2011 US Army Gold Coins and the proof and uncirculated Medal of Honor Gold Coins.
These strikes have not reached a sell-out status, but have been pulled from availability owing to the meteoric increase in the price of gold in recent months. That same increase recently caused a halt in the sales of collector grade gold coins. [click to continue…]
The United States Mint has announced plans to participate in the American Numismatic Association's (ANA) World's Fair of Money® Convention. The convention will be held beginning tomorrow, August 16th through the 20th at the Donald E. Stephens Convention Center in Rosemont, Illinios.
Coin enthusiasts from around the world are likely to attend the event which is touted by the ANA to include over "1,200 of the world's best coin dealers, great educational programs, family activities and, of course, the ANA's signature feature: The Museum Showcase, with exhibits from the Smithsonian Institution, the Edward C. Rochette Money Museum and private collections." [click to continue…]
Orders for the 2011 Medal of Honor Commemorative Coins will be accepted by the US Mint beginning tomorrow, February 25, 2011 at Noon (ET). The coins were created to mark the 150th anniversary of the creation of the Medal of Honor in 1861 as well as to honor those who have received one and to promote the idea that ordinary Americans can make a difference.
There are two different strikes included in the Medal of Honor Commemorative Coin series - the $5 Gold Coin and the Silver Dollar. Each contain a different design emblematic of the idea of the medal they honor.
- 2011 Medal of Honor Commemorative $5 Gold Coin - The Medal of Honor $5 Gold Coin is struck from a composition of 90% gold and 10% alloy and features the image of the original 1861 Navy Medal of Honor on its obverse, as designed by United States Mint Sculptor-Engraver Joseph Menna. The reverse shows the mythical figure of flanked by a Civil War era cannon and wheel and was designed by Artistic Infusion Program (AIP) Master Designer Joel Iskowitz and sculpted by Sculptor-Engraver Michael Gaudioso. [click to continue…]
The US Mint recently released the 2011 United States Army Commemorative Coins, the first of two commemorative coin series planned for this year. These strikes honor the US Army which has served the country for 236 years, both in times of war and in peace.
This program includes coins of three different denominations, each struck to both proof and uncirculated condition - a $5 Gold Coin, a Silver Dollar and a Half Dollar Clad Coin. Congress authorized the strikes with the passage of the United States Army Commemorative Coin Act of 2008 (Public Law 110-450), signed into law by President George W. Bush on December 1, 2008.
The US Mint started selling the strikes on January 31, 2011 with specific information about each shown below:
2011 US Army Commemorative $5 Gold Coin
Showing, from left to right, Continental, Civil War, modern, World War II and World War I soldiers, the obverse of the 2011 US Army $5 Gold coin symbolizes the theme of "Service in War" by showing the soldier in the different stages of American History. The reverse is based on the official U.S. Army emblem. [click to continue…]
The United States Mint has indicated that the entire mintage of 165,000 of the 2010 America the Beautiful Silver Bullion Coins has been ordered by the Mint's network of authorized purchasers.
This accounts for 33,000 of each of the five 2010-dated strikes of the America the Beautiful Silver Bullion Coins™ Program including strikes honoring Hot Springs National Park of Arkansas, Yellowstone National Park of Wyoming, Yosemite National Park of California, Grand Canyon National Park of Arizona and Mount Hood National Forest of Oregon. Together, these five strikes serve as the inaugural year releases of the program.
The 2010 mintage was ordered from the Mint by nine of its eleven silver bullion authorized purchasers. Two of the purchasers opted not to order any of the coins. Their decision may have been due to the Mint's more stringent requirements placed on those APs who chose to distribute the strikes. [click to continue…]
Over the weekend, the United States Mint unveiled the final designs for the upcoming 2011 United States Army Commemorative Coin Program.
The unveiling occurred during the Army / Navy football game which was played in Philadelphia, Pennsylvania on Saturday, December 11, 2011 at the Lincoln Financial Field. Strikes in the program honor the United States Army, which is the oldest branch of the U.S. Military.
Three coins will be issued as part of the program - a $5 gold coin, a silver dollar and a half dollar clad coin. According to the release, these three coins will represent three different themes.
The $5 Gold United States Army Commemorative Coin obverse depicts "Service in War" for the Army and shows five different soldiers representing the centuries of service given by the branch of the military. From left to right are Continental, Civil War, modern, World War II and World War I soldiers. It was designed by United States Mint Artistic Infusion Program (AIP) Master Designer Joel Iskowitz and sculpted by United States Mint Sculptor-Engraver Phebe Hemphill with LIBERTY, IN GOD WE TRUST and 2011 inscribed around the image. [click to continue…]
Taking much longer than most had anticipated, the 2010 Boy Scouts of America Centennial Proof Silver Dollar sold out late last week from the US Mint.
The coins originally launched on March 23, 2010 along with an uncirculated version counterpart. Total mintage of both was set at 350,000 by the Boy Scouts of America Centennial Commemorative Coin Act (Public Law 110-363) which was signed by President George W. Bush on October 8, 2008.
It should be noted that technically the US Mint has not declared the coins a sell-out, as of yet. What it has done is placed any additional orders for the proof coins on a waiting list. The Mint will use the list on a first-come first-served basis if additional coins become available. This means that all of the coins in the authorized mintage have been sold, but if some of those orders are cancelled or returned, then those on the list have a shot at their orders being fulfilled.
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Those interested in obtaining one of the 2010 Boy Scouts of America Centennial Silver Dollars had better hurry if they would like to do so directly from the US Mint and not from any of the secondary sources. That is because the most recent sales figures from the Mint show the Boy Scout Coins quickly approaching a sell-out status.
According to those figures, 312,653 of the commemorative strikes have been spoken for. This leaves only 37,347 coins remaining before the maximum mintage of only 350,000 is reached. Once that number is attained, the Mint will be forced to remove the coins from availability.
When the Mint takes that step, interested buyers will have no other option but to turn to the secondary market to obtain them. And, of course, that same sell-out status should immediately push the price of the coins on the secondary market higher. Thus, the best deal for anyone to get their hands on one of these coins is probably now, directly from the Mint. [click to continue…]
The 2010 Boy Scouts of America Centennial Silver Dollars are selling like hotcakes according to the most recent sales figures released from the United States Mint.
In just their first six days of availability, a whopping 214,673 of the Scout strikes have been sold. Of that amount, 144,732 were ordered in proof condition and 69,941 in uncirculated condition which makes the ratio almost 2-to-1 for those favoring the proof variety.
The coins launched with a lot of excitement from collectors last Tuesday, March 23, 2010. In fact, the frenzy to get them temporarily created technical issues on the Mint's website and their phone ordering system. After the first few hours, things settled down and orders were able to be placed normally. [click to continue…]
The United States Mint recently returned the 2011 Commemorative Gold Coins to availability after having pulled them from its store shelves last week. The suspension of the 2011 US Army Gold Coins and the 2011 Medal of Honor Gold Coins came in response to gold prices which were swinging significantly higher at the time.
