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 Replies: 24 / Views: 2,839 |
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Pillar of the Community
United States
1217 Posts |
Again I do like the bulk of the videos from Son of a Silver Stacker on YouTube. He may even be reading this (Hi!). Some days it's really interesting to me, other days not as much. In probably just "in to what I'm in to (silver eagles) so I don't pay too close attention or it's just a skip. Anyways, the prediction now is the rumors are true that the plan is to close the San Francisco Mint. There is no continuation for the San Francisco ASE subscription, so it would seem that the S is going away. That explains the Limited Edition set, although that set used to be a mixed set with W ASE and everything else S. So the option would have been there to revert back to that, without the S ASE. He talked about other sets also being dropped, reverse proof innovation dollar sets, etc. One comment I made is the S ASE, as far as the current state of production, had restarted in 2018. The general yearly production has been 1986 to I think 1992-93 it was all S, from about 1993 to about 2000 it was Philly, from about 2001 to current it's been West Point. In 2017 they also made the S, but only in the Congrats set and Limited Edition set, and now since 2018 they have made the yearly San Francisco Mint ASE, available by itself or in the Limited Edition set. So change happens, it's not like everything has been set in stone since 1986. |
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Pillar of the Community
 United States
1962 Posts |
Will it take Congressional action ( to modify Title 31 U.S.C, Chapter 51) to fully eliminate it as a branch ? If it does close, the GSA can probably realize a substantial amount in the real estate sale.
" Even a clock that's stopped is right twice a day. "
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Pillar of the Community
 United States
1217 Posts |
Quote:
the GSA can probably realize a substantial amount in the real estate sale. I was reading what I could find. It seems like the options could be limited, given that it is a historical landmark. The powers that be could remove that protection, seemingly with the stroke of a pen. Edited by Gilly
08/29/2025 11:19 am
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Pillar of the Community
United States
1962 Posts |
The current US Mint on Hermann Street isn't a designated historical landmark, Gilly; the "Granite Lady" on Fifth street is and has been re-purposed as an event venue.
Thanks for calling attention to that video, Gilly.
ETA: Thanks for the correction, Alpha & Gilly. . . Don't know what caused me to enter "Sansome" . . .brain gas ?
" Even a clock that's stopped is right twice a day. "
Edited by cptbilly
08/29/2025 2:52 pm
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Pillar of the Community
United States
2023 Posts |
Correction: The current US Mint in San Francisco is at 155 Hermann St.
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Pillar of the Community
United States
1217 Posts |
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The current US Mint on Sansome (Hermann) Street isn't a designated historical landmark You can go back and edit the post. I do that a lot to correct typos or clarify thoughts. I believe it had to be done within 24 hours. As careful as I try to be, there are usually mistakes. Generally from auto correct. "You" becoming "your" is very common, also "would" becoming "works". As to your comment, thanks for that correction. In the actual event this happens, then the state or city government could probably make it very hard on the US government to dispose of the property and allow some redevelopment to take place as the buyer wished. Probably would end up in court long enough to allow a cooling off period. |
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Moderator
 United States
94892 Posts |
IF the San Fran mint closes, it affects much more than the S ASE, LESPS, and the Innovations Dollars - it will in effect stop all modern proof coins as well, Unless West Point will pick up the load there. |
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Pillar of the Community
United States
1962 Posts |
Dearborn, with the abolition of Lincoln Cent production at Denver & Philly, I could envision the penny production lines being yanked out and the machinery -- currently at San Francisco for proof production -- being dispersed to D&P. Proof products could continue. . . " Even a clock that's stopped is right twice a day. "
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Moderator
United States
94892 Posts |
I'm not just talking about the penny, the nickel, Dime, Quarters, Half Dollars (NCLT), and Small Dollars would be impacted. Denver is not at all capable to produce proof coins, and historically has never done so. That would lay all the pressure on Philadelphia and West point to 'pick up the slack'.
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Moderator
United States
94892 Posts |
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Pillar of the Community
United States
1217 Posts |
Quote:IF the San Fran mint closes, it affects much more than the S ASE, LESPS, and the Innovations Dollars - it will in effect stop all modern proof coins as well, Unless West Point will pick up the load there. I'm not following this logic. West Point and Philly have both produced proof coins, ASE and others. Denver I agree, to the best of my knowledge has only produced circulating coinage and Uncirculated finish coins, (without launching an investigation). |
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Moderator
United States
94892 Posts |
yeah, I forgot to mention Philly with the West Point mint. they both West Point produces Proof now, Philly not as much, but what I meant is that if San Fran closes, both of them will have to pick up the extra load that San Fran will drop.
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Pillar of the Community
United States
1217 Posts |
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if San Fran closes, both of them will have to pick up the extra load that San Fran will drop That's true enough. The last we've heard anything more than conjecture was back in March. Hopefully they'll just pull back on the whole idea. How much the new Mint director will have to say about this, is true, would probably be negligible. It would be interesting to see which mint would pick this slack up. The 2 more likely would be West Point or Philly. Imagine the mint sets with a W or P mint mark. It's going to be an interesting year. |
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Moderator
United States
94892 Posts |
Well Philly is more suited for proof production than the WP mint is. WP is currently producing collectables (NCLT) items, whereas Philly had in the past had produced a ton of business And Proof coins of every denomination. But lets hope we don't go there..  |
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Pillar of the Community
United States
1316 Posts |
This just gives me hope the never completed Dalles, Oregon Mint finally gets its second chance to shine :)
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Pillar of the Community
United States
1962 Posts |
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Denver is not at all capable to produce proof coins, and historically has never done so Well, if you relocate the equipment to do so from San Francisco, I would wager they could. Manufacturing companies move production lines all the time. . . It will be an interesting development to follow. A lot more interesting than comic book character coins and medals. In the mean time, college football returns in full force this weekend.    |
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Replies: 24 / Views: 2,839 |
Posted 08/29/2025 11:19 am
