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 Replies: 17 / Views: 4,918 |
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Valued Member
United States
397 Posts |
Anyone going to collect these? At a production level of only 500,000 (which I assume will be 100,000 per quarter) these will be relatively scarce. I haven't seen pricing yet, but if the Mint will be selling them direct to the public for only a small amount over spot - count me in.
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Pillar of the Community
United States
6326 Posts |
I've heard that these will be available only to "dealers", and then sold to the public. Just like the Bullion Silver Eagles.
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Pillar of the Community
United States
1406 Posts |
I want them! I didn't know they were only producing a limited number!
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Bedrock of the Community
United States
12437 Posts |
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.
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Pillar of the Community
United States
1213 Posts |
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.
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Valued Member
 United States
397 Posts |
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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Pillar of the Community
United States
1882 Posts |
these things are going to be relatively thin and easily bendable.
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Valued Member
United States
397 Posts |
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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Pillar of the Community
United States
1406 Posts |
I read they really had a hard time edge incising them. The machine would 'wrinkle' them.
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Valued Member
United States
397 Posts |
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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Pillar of the Community
United States
1406 Posts |
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).
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Valued Member
United States
397 Posts |
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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Valued Member
United States
182 Posts |
APMEX is selling them, no word on price. Soon enough though.
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Valued Member
United States
61 Posts |
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?
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Valued Member
United States
397 Posts |
It was a shortage of planchets - not silver itself.
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Pillar of the Community
United States
1406 Posts |
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#66775Edited by captainkurt
08/08/2010 10:46 am
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Replies: 17 / Views: 4,918 |
Posted 08/06/2010 5:56 pm
