ATB Five Ounce Silver Coins

Angel2004......I know what you mean, I check every few days to see if they are on the schedule. If they are going to sell these you would have thought we would have at least seen this first one scheduled. This is a head scratcher for me.

Don't give up, it appeared suddenly this morning on the Mint's schedule for next Tuesday, May 29th! Literally caught everyone by surprise, and "price to be determined" -- hope thar means a price reduction. It's listed as NQ0 and not NP11.

I hope they don't sell out that day, I will be on vacation....haha :-)

Does it seem kind of odd that they are only giving a week's notice before they go on sale? Have they done this in the past where they only give a week's notice before an item goes on sale? Is it due to the silver prices lately?

I'm a bit torn...

I have all five of the 2010 coins in "bullion" form for $189.99 apiece, and they look great. I was able to pick up all five of the 2011 coins directly from the mint after the prices dropped to $204.95, and they also look great. I'm not sure whether the mint packaging and the special "vapor blast finish" is worth the extra $15 per coin, but I figured that worked out to only an extra $3 per ounce so it didn't really matter. Still, I have no idea if the "uncirculated" or "numismatic" versions I got from the mint will ever be worth more than the bullion versions on the secondary market the way that, say, proof ASEs from the mint command a significant premium over the bullion versions.

I dunno. I guess I'll wait to see what the pricing is for these from the mint. If the price is still $204.99 (or higher) and I can get the bullion version for only $169.99, I suppose I'll go for the bullion. If the mint price is something like $189.99, though, it'll be a tough choice for me.

CelticKnot - the mintage will be 25,000.

Here is more information from the mintnewsblog......

http://mintnewsblog.com/

These will be lower than the 2010-Ps which had a max mintage of 27,000 each. I don't know how the market will react to this sudden announcement, the lower mintage will definitely attract a few more adherents, the the debut of the S circulation quality might jumpstart the series again, I don't know. The 2011-Ps are just a slightly more at 35,000, and after 8 months of sales, not quite 22,000 Gettysburg coins have been sold. I would definitely not bank on these as short-term flipping investments, if the buyers aren't there for a product, even a 10,000 mintage is too many, and these are niche coins, the 5 oz size has obviously been difficult to sell to the public. Doubt there is going to be a sellout of these, we are already in the middle of the program. Hopefully this unexpected release date will give some breathing room with the following release, but June will be expensive month.

Teach,
None of these 5oz releases have sold out in a day. The first two, Hot Springs and Yellowstone, sold over 24,000 in the first 5-7 days of sales., and eventually sold out in 15 days. Yosemite almost matched this, but the slow down began with the 4th release, Grand Canyon, it took at least 40 days before it reached the 25,000 mark, and even slower for the 5th release, 3 months for Mount Hood. As for the 2011-Ps, they each opened their sales between 7,800 and 10,600, and none of them are even close to the 25,000 mark. So if you waited a week, you probably can still buy a coin. There's probably at least 8,000 collectors that will buy regardless of the design, which is probably a safe core number of active collectors of this series. The pucks may eventually take off, that time isn't now.

Having visited this park I will get it. So far I have been to all but 2 of the parks. I did not buy any at the 279 price but was able to pick up Yellowstone for about $200 after market. At the time silve was coming down however the mint lower the uncirculated yet. Once they were lowered I purchased Mt Hood and the rest. I still am waiting on the last of 2011 holding out for a possible lower price.