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What If The US Mint Produced A 2009 American Silver Eagle Proof?

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 Posted 06/07/2023  12:06 am Show Profile   Bookmark this topic Add GLB49 to your friends list Get a Link to this Message
This is just a "What If" topic to see what the members here think would happen if the US Mint decided to produce a 2009 American Silver Eagle Proof coin.
I'm sure most people here know the story behind the missing proof coin and that problem will never be resolved but, "What If?"
I guess the first questions would be, "How many would they produce?" and, "How much would they cost?"
I don't think production could ever meet the demand simply because ASEs are so popular. I think, at least in the beginning, the mints would have to stop production of all other coins and medals to try to meet that demand. Of course, that would never happen but we're saying "What If".
Now, what would they cost? Well, as greedy as the mint has gotten lately I won't even wager a guess. But, a question to those of you who collect these coins is how much would you be willing to pay to fill that annoying gap in your collection?

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 Posted 06/07/2023  09:21 am  Show Profile   Check Dearborn's eBay Listings Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
Interesting thought, But I think there is a law that prohibits that. I think the mint can and must date their coins for the year they are to to be released in. They cannot retroactively start producing back dated coins.
Imagine if the mint decided to produce 10 million 1909-S VDB cents using the same copper formula of that year.

However, I'll entertain your thought for now.
If the mint were to retro produce the missing 2009 ASE, I would hope that it would be a limited edition. The cost to produce would not be that much higher but the sale price might jump a little. I certainly would fight to get one.

And as long as they are at it, they could also produce the missing 2015 LESP Set too.
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 Posted 06/07/2023  09:58 am  Show Profile   Bookmark this reply Add GLB49 to your friends list Get a Link to this Reply
Yeah, I know it can't happen but this is just for fun.
I have mentioned before that my silver coin collection started with Silver Eagles and Silver Proof Sets and I knew nothing about the missing 2009 Proof before that. Needless to say my slight case of OCD immediately kicked in when I realized that there would always be a gap in my collection.
I have read more than once that the American Silver Eagle is one of the most popular coins to collect so a limited run would just be a teaser for the majority of collectors who would not be able to buy one. I remember how frustrating it was trying to buy the 2021 ASE Proof when it came out. Before I finished typing in my order they were sold out. I didn't know about subscriptions at the time.
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 Posted 06/07/2023  12:39 pm  Show Profile   Bookmark this reply Add Gilly to your friends list Get a Link to this Reply
Why stop there?
What about the 2 missing Uncirculated ASEs, and also the 3 Uncirculated Dollar coin sets?
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 Posted 06/07/2023  12:42 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply

Quote:
Imagine if the mint decided to produce 10 million 1909-S VDB cents using the same copper formula of that year.

I'd buy a roll.
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 Posted 06/07/2023  1:14 pm  Show Profile   Bookmark this reply Add morgans dad to your friends list Get a Link to this Reply
Excellent What If Topic,

I too collect these Classic Designed American Coinage , The American Silver Eagles Series, Every Single Mint Marked Coin They Made/ " Make. ".

The Fact the U S Mint Dropped the Big Time ASE Collectors Ball, They catered to the Authorized Dealers and Produced the Bullion, Took good care of Those Usual Customers, BUT Not Us !!!

Hence this Topic, I would Enjoy the HUNT ....

This Hole We have is a Very Constant Ire, to Me. I am a Collector Before a Bullion Hunter. I Too would Step Up my Goals and seek out One .....

One last thought, GLB49, Your a Very Welcome, Very OCD, and Very Much an American Silver Eagle Collector at Heart, Great to have You, as a Fellow ASE Collector Too, Mike....
Edited by morgans dad
06/08/2023 09:46 am
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 Posted 06/07/2023  2:08 pm  Show Profile   Bookmark this reply Add GLB49 to your friends list Get a Link to this Reply

Quote:
One last thought, GLB49, Your a Very Welcome, Very OCD, and Very Much an American Silver Collector at Heart, Great to have You, as a Fellow ASE Collector Too, Mike....

Thank you for your kind words, Mike. I'm very happy to have found this forum and I enjoy it more each day...Gary
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 Posted 06/07/2023  3:26 pm  Show Profile   Bookmark this reply Add morgans dad to your friends list Get a Link to this Reply
Gary, My Pleasure......Now, Let the Games Begin, !!!!!
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 Posted 06/07/2023  5:54 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Being a bit of a "Dougie Downer"...

Would you really want the Mint to strike such coins? Think of how it would destroy the confidence of collectors in the legitimacy of the Mint products/coins they purchase. Collectors would never be confident that current "rarities" would not become tomorrow's "common" coins thanks to unmarked restrikes. I can envision significant destabilization in the numismatic marketplace as a result.

The Perth Mint got caught restriking previous years' silver one-ounce kookaburras a few years back and it created much angst among collectors.

I understand the frustration of gaps in a collection for reasons out of the control of a collector, but I'd take such frustration over lack of confidence in the Mint/coins in my collection any time.

Just my opinion...



Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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 Posted 06/07/2023  7:52 pm  Show Profile   Bookmark this reply Add eaglebub7 to your friends list Get a Link to this Reply

Quote:
Think of how it would destroy the confidence of collectors in the legitimacy of the Mint products/coins they purchase.

That is a great point, commems. Next would be a restrike of 1995 W and 2019 S ERP.

Unintentional as it may have been, destabilization happened to the 1889 S Morgan dollar. Once thought to be the rarest of Morgans, quickly changed when a hoard of 1889 S was released from the S mint storage vaults in the late 1930's, early 40's. Very quickly turning the rarest Morgan of the day, into a relatively common Morgan. I for one would not want this. Especially if I paid hundreds to thousands of dollars for what was once considered a rare coin, only to be restruck, watering down the value.
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 Posted 06/07/2023  8:22 pm  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
Good topic. They technically did do something kind of like that with the morgan and Peace dollars but not an exact copy of an original so didnt affect original values, and messed up slightly perhaps with not producing them in Carson City as an example but just having the mark. Some coins or grades are rare and that just makes them that much more interesting to collectors who want them. I'm going to say that theoretically, perhaps talking with govmint.com as they do licensed reproductions as I mentioned before in this link- maybe a 2009 proof or burnished to fill the holes could be made? If so give me some residuals lol http://goccf.com/t/446111#3850946

General info for those that don't know about the 2009 missing proof:

To meet the soaring demand for new silver eagles, the United States mint dramatically stepped up production of the one-ounce silver coins - striking 30,459,000. This extraordinarily high number of uncirculated (or, "bullion"-quality) silver eagles came at a price for collectors, however. The U.S. Mint, under appropriation requirements early that year to meet bullion demand before collectors' desires, was unable to procure enough planchets early in the year to strike proof and/or burnished specimens for coin collectors. The numismatic community became very disquieted by this, as they would not have a proof silver eagle to add to their annual collections.

Mint Director Edmund C. Moy spoke on behalf of numismatists to the U.S. government about the situation and was able to have the appropriations limit lifted, but by the time that had happened, it had become too late in the year to begin striking proof American silver eagles. None were minted that year.
Edited by datadragon
06/07/2023 11:21 pm
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 Posted 06/07/2023  10:24 pm  Show Profile   Bookmark this reply Add morgans dad to your friends list Get a Link to this Reply
As a Collector I Love this Topic Too, Just Another Thought, I see Previously discussed What If's, besides the O P 's ........


I agree the Morgan silver dollars from 1878 thru the 1921, Those Originally Designed By George Morgan, Were NOT Re-Minted, they were Re-Produced Differently, NOT the same designs.....

The 1969 CAMARO's were an Amazingly Sharp Looking, Small, Extremely Fast Car.
The design was Later Re-Produced Differently, Not the Same Designs, BUT, the Look is Awesome, just the same. I mean, I Never thought I would like a Car, Truck or Motorcycle of the 50's, 60's or the 1970's, Re-Manufactured or Re-Produced The Same Model, or a Super Close look ... The Dodge HEMI Challengers, the Dodge HEMI Chargers, WOW !!!!


So to say the 2009 ASE West Point Minted Coin may be, Who knows, I do know, Plenty of Collectors will be Right There, side by side, Hunting for the Next, Mint Marked American Silver Eagle.
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 Posted 06/07/2023  10:38 pm  Show Profile   Bookmark this reply Add morgans dad to your friends list Get a Link to this Reply
David,


Your command of the Queen's English is Noted, Your Always so Kind.

The Mint threw us ASE Collectors under the Proverbial Steam Roller, Not A Thought towards Consistent Purchases from Paying Collectors!!,,,,

So, to appease the Bullion dealers , the U S Mint decided to make 10,000,000.00 MORE Bullion strikes than the Year Before, and We, Got the Shaft, Told to go Away, Till next Year.........


Almost as Bad as Now, What has come to be called the type 1 ASE 2021 West Point Minted Uncirculated Coins !!!!!

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 Posted 06/07/2023  11:34 pm  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply

Quote:
Almost as Bad as Now, What has come to be called the type 1 ASE 2021 West Point Minted Uncirculated Coins !!!!!


I see what you mean looking over what was released in 2021- several of the coins only had one choice on some but not others for collectors below. At minimum seems they missed a lot of sales potential but its all silver they may not have the planchets to make during that period. I guess we can add that to the list of govmint reproduction coins to ask to make. ...unless you have some plutonium, a delorean, and a flux capacitor to go back in time back to the future style....

2021 T1 Bullion
2021 T2 Bullion

2021-W T1 Proof
2021-W T2 Proof

2021-W T1 Reverse Proof no -W T2 Reverse Proof

2021-S T2 Reverse Proof no -S T1 Reverse Proof

2021-S T2 Proof no -S T1 Proof

2021-W T2 Burnished no -W T1 Burnished
Edited by datadragon
06/07/2023 11:46 pm
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 Posted 06/08/2023  09:54 am  Show Profile   Bookmark this reply Add morgans dad to your friends list Get a Link to this Reply
In 2009, The U S Mint was making the Newest Versions of The Lincoln Memorial Cents, to Celebrate the 200 TH Birthday of Our 16TH President, with the Abe Lincoln New 4 Reverses, Traded up the Designs for the Rot Away Composition .... 1909 To 2009.


They had No Tim to Make the 2009 ASE Mint Marked Unc's.................
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