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5 Ounce Silver Quarter From The Mint

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Bedrock of the Community
United States
12437 Posts
 Posted 08/06/2010  6:02 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
Sunshine Minting, Inc. can only provide the US Mint with a maximum of 500,000 blanks, neither a start date nor a price has been set yet.
Pillar of the Community
United States
1213 Posts
 Posted 08/06/2010  7:16 pm  Show Profile   Bookmark this reply Add okiepb to your friends list
I'd be interested in some of them based on:
1. The coin design. I'm not going to get all the parks, but there are a few that I'd love to have.
2. The premium. I'm betting that the dealers that sell them, will charge a hefty premium for them.

I'm going to wait & see how things shake out on these.
Valued Member
United States
397 Posts
 Posted 08/06/2010  7:19 pm  Show Profile   Bookmark this reply Add Waredu to your friends list
Here's to hoping my local dealer will get me one of these - and that he'll be around for the next 11 years. Somehow I'm thinking that the value of these will be much greater as a set than as the sum of its parts.
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United States
1882 Posts
 Posted 08/07/2010  11:18 am  Show Profile   Bookmark this reply Add steve199 to your friends list
these things are going to be relatively thin and easily bendable.
Valued Member
United States
397 Posts
 Posted 08/07/2010  1:26 pm  Show Profile   Bookmark this reply Add Waredu to your friends list
Current American Silver Eagles are 2.98mm thick - by my calculation these coins will be almost 4.23mm thick. The diameter of the ASE is 40.6mm and the diameter of these coins will be 76.2mm.

So it will be 25% thicker than an ASE and a little less than twice the diameter. Relatively thin - yes. Easily bendable - I'm not so sure. They'll bend easier than an ASE, but I don't think too many people will be accidentally bending them with their bare hands.
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1406 Posts
 Posted 08/07/2010  2:35 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list
I read they really had a hard time edge incising them. The machine would 'wrinkle' them.
Valued Member
United States
397 Posts
 Posted 08/07/2010  2:57 pm  Show Profile   Bookmark this reply Add Waredu to your friends list
I heard that too - and wondered why they just didn't put the edge lettering in the collar like the Presidential dollars. What do I know though? Very little news has come out on these that I can find.
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1406 Posts
 Posted 08/07/2010  5:40 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list
They don't put the edge lettering in the collar of the Presidents. There is a separate machine that adds it after the coins are pressed. The machine vacuums up the coins and adds the lettering. If it were in the collar then there would be no missing lettering, no A and B positions, no double lettering, and no wrong year lettering (this has happened once as far as I know).
Valued Member
United States
397 Posts
 Posted 08/07/2010  5:59 pm  Show Profile   Bookmark this reply Add Waredu to your friends list
captainkurt, you're correct - I should have been more clear. What I meant was - they should do it the way they do the proof Presidential dollars. Those have a three-part collar which incuses the lettering into the edge of the coin when the coin is struck. Business strike coins have the lettering added afterward.
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United States
182 Posts
 Posted 08/07/2010  7:39 pm  Show Profile   Bookmark this reply Add legend to your friends list
APMEX is selling them, no word on price. Soon enough though.
Valued Member
United States
61 Posts
 Posted 08/07/2010  8:51 pm  Show Profile   Bookmark this reply Add coinshopworker to your friends list
I thought a silver shortage was reason the mint stopped making the silver proof eagles. This new product seems to contradict this. Was I misinformed as to why proof eagles were discontinued?
Valued Member
United States
397 Posts
 Posted 08/07/2010  9:21 pm  Show Profile   Bookmark this reply Add Waredu to your friends list
It was a shortage of planchets - not silver itself.
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1406 Posts
 Posted 08/08/2010  10:45 am  Show Profile   Bookmark this reply Add captainkurt to your friends list
Waredu, That is interesting! I didn't know that the proofs had a different process. I got my proof set yesterday and I was thinking to myself, how did they do this without scratching the coin? Now I know, and knowing is half the battle! (I miss GI Joe...)

P.S. - here is a bit more reading on the topic of the 5 oz.'ers
https://goccf.com/t/66775#66775
Edited by captainkurt
08/08/2010 10:46 am
Valued Member
United States
61 Posts
 Posted 08/08/2010  8:33 pm  Show Profile   Bookmark this reply Add coinshopworker to your friends list
thanks for the information!
Bedrock of the Community
United States
17884 Posts
 Posted 08/09/2010  2:01 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
What I meant was - they should do it the way they do the proof Presidential dollars. Those have a three-part collar which incuses the lettering into the edge of the coin when the coin is struck.

My understanding is that they are going to use the segmented collar for the lettered edge. It isn't practical for something like the business strike Presidential dollars because of the high speeds needed to make the huge number of pieces. But for the much smaller coinage and slower speeds needed for the 3 inch cons it should work fine.
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