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ATB Five Ounce Silver Coins

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machine20's Avatar
United States
1280 Posts
 Posted 05/15/2014  2:50 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
In summary, there was a lot of hoopla regarding the program when it began in late 2010. The mint released all of the 2010 bullion pucks in December of that year. Most dealers sold them as sets, and they were in very high demand. They ended up selling on the secondary market for thousands of dollars. The unc pucks were released one at a time in 2011. They were priced considerably above spot. As the price of silver rose to its peak in Apr 2011, the mint stupidly thought that there would still be a high demand for the bullion pucks, despite the high price and relative lack of popularity of the parks. So they minted 4 times as many bullion pucks at the beginning of 2011 as they did for the 2010 issues.

It seems it was around this time that a lot of collectors abandoned the series. The bullion pucks were too expensive b/c of the price of silver. The unc pucks were still priced at a good premium above those. The 2010 pucks were falling in value. 2012 saw the lowest mintages of the pucks. People thought the program would be discontinued (title of thread).

However, the silver price continued to tank. The pucks for the first time became affordable, which is why I began collecting them last year. A lot of the discussion on the tread during that time has been speculation about what mintage numbers will be on current issues. This is because the values of those rare 2012 issues have skyrocketed.
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trent's Avatar
United States
355 Posts
 Posted 05/15/2014  5:23 pm  Show Profile   Bookmark this reply Add trent to your friends list Get a Link to this Reply
Thanks for taking the time to explain it machine!
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havanacoins's Avatar
United States
214 Posts
 Posted 05/16/2014  12:05 am  Show Profile   Bookmark this reply Add havanacoins to your friends list Get a Link to this Reply
Good history for those who just started collecting recently - which also explains why those from a few years ago are higher than others
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barryg's Avatar
United States
5927 Posts
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Doug58s's Avatar
United States
899 Posts
 Posted 05/16/2014  10:25 pm  Show Profile   Bookmark this reply Add Doug58s to your friends list Get a Link to this Reply
Man...barry you seem to be on a roll. That is a very clean coin! I wish my purchase of the bullion coins ended up being that nice - they seldom are!
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machine20's Avatar
United States
1280 Posts
 Posted 05/16/2014  11:22 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Nice looking coin!
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Teach's Avatar
United States
1255 Posts
 Posted 05/17/2014  09:29 am  Show Profile   Bookmark this reply Add Teach to your friends list Get a Link to this Reply
@Barry - man you take some fantastic pictures of the pucks! Thanks for posting.
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CelticKnot's Avatar
United States
12887 Posts
 Posted 05/17/2014  11:20 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
@barryg - that's a great shot. I hope the vapor-blasted ones look just as good.
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United States
109 Posts
 Posted 05/17/2014  4:24 pm  Show Profile   Bookmark this reply Add Southern92 to your friends list Get a Link to this Reply
That really does look beautiful.
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Teach's Avatar
United States
1255 Posts
 Posted 05/19/2014  10:16 am  Show Profile   Bookmark this reply Add Teach to your friends list Get a Link to this Reply
Another good article on the new puck from CoinNews.......

http://www.coinnews.net/2014/05/15/...ulated-coin/
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CelticKnot's Avatar
United States
12887 Posts
 Posted 05/19/2014  10:35 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
That's a good summary article. With GSM not selling out yet, I wonder if 30k for Shenendoah makes sense.
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Teach's Avatar
United States
1255 Posts
 Posted 05/19/2014  1:12 pm  Show Profile   Bookmark this reply Add Teach to your friends list Get a Link to this Reply
It makes no sense to me. I think they made that decision too soon. I'm sure they thought the GSM puck would have sold out by now. I wouldn't be surprised if they drop it back to 25K after they can not realize a sell out on the Shenendoah.
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United States
317 Posts
 Posted 05/19/2014  1:29 pm  Show Profile   Bookmark this reply Add PennyPiggy to your friends list Get a Link to this Reply
We'll find out what the mintage numbers were on the second puck soon enough but unless a lot of people dropped their subscription, the 2nd puck will be nearly sold out if they didn't raise the mintage numbers. Raising the mintage number allows more subscriptions and people that do not subscribe to get the pucks if they missed out. There is plenty of time left in the year to sell the extra 5k pucks and every "P" puck will be sold out by year's end.
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Bizybackson's Avatar
United States
1817 Posts
 Posted 05/19/2014  4:01 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Hey all--

According to the just released .xls spreadsheet on the Mint's website:

2014 ATB SILVER UNC 5 OZ â€" SM MTN â€" 24,043 5/12/2014
2014 ATB SILVER UNC 5 OZ â€" SM MTN - 25,421 5/18/2014

2014 ATB SILVER UNC 5 OZ â€" SHDOAH 20,120 5/18/2014

Didn't look like too many subscriptions were canceled on Shenandoah... I wouldn't say that # is true for GSM, it's been backordered for weeks and they are still accepting orders over the mintage limit, some of those recent orders are bound to be canceled 4-5 months down the road.

@barryg: Got my pair of Shenandoah bullion from APMEX also on Friday, it came in a heavy duty box that was seemingly epoxied shut. Inside was a heavy duty bankers box (the kind that can be slid into SDBs) with layers of foam separating the two coins. What the heck? Usually they just come stuffed into a padded envelope inside of another... Since I qualify for their "silver" membership after having bought dozens of bullion pucks from them in the last three years, I get an upgrade in service. Just from the way the packing looked and felt, you'd expect at least 5 oz. of .9999 Buffalo $50's in there. I suppose it's also a not so subtle hint to start buying gold from them. LOL
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 05/19/2014  4:50 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
According to the just released .xls spreadsheet on the Mint's website:

2014 ATB SILVER UNC 5 OZ -- SM MTN -- 24,043 5/12/2014
2014 ATB SILVER UNC 5 OZ -- SM MTN - 25,421 5/18/2014

2014 ATB SILVER UNC 5 OZ -- SHDOAH 20,120 5/18/2014


So the Smokey's are sold out
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