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Replies: 19 / Views: 3,662 |
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Valued Member
United States
223 Posts |
So I got an email saying that for the first time since 1992 the San Francisco mint is punching out American Eagles again. I was just curious why there is no mint mark for this particular minting. These are MS grades would proofs get an S? Just trying to figure it all out.
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Bedrock of the Community
United States
12437 Posts |
San Francisco will only be minting bullion Eagles. They are normally struck at West Point but do not carry the W mintmark. San Francisco is starting up production to supplement the mintage at West Point so none of the bullion Eagles will have a mintmark. As far as I know, proofs will still only be minted at West Point.
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Valued Member
United States
309 Posts |
So the only way to tell if one comes from the san fran mint is if it is in the TPG slab that says "minted in san francisco"? What kind of money making rip off is that?
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Pillar of the Community
United States
4897 Posts |
I don't think there will be any way to tell if they were minted in SF or WP. Kinda like the billions of Lincolns minted at WP...no way to tell them from the Phillies.
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Pillar of the Community
United States
3077 Posts |
lincolns from west point? first I have heard of that
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Pillar of the Community
United States
4897 Posts |
West Point minted Lincolns from 1973-1986. no mint mark obviously.
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Pillar of the Community
United States
1064 Posts |
Lincolns at WP? WOW, that 's a new one on me. I saw a thread some days ago about an ebay cent described as a W, I thought was a typo. Live and learn, I guess
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Bedrock of the Community
United States
12437 Posts |
The only way to know if your Silver Eagles were minted in San Francisco is to purchase an entire monster box(500oz)- the origin info is on the bar code label and the strap seals.
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Bedrock of the Community
United States
17884 Posts |
West Point also struck some circulation Bicentennial quarters too. Quote: I don't think there will be any way to tell if they were minted in SF or WP. Quote: The only way to know if your Silver Eagles were minted in San Francisco is to purchase an entire monster box(500oz)- the origin info is on the bar code label and the strap seals. And if you bulk submit the unopened monster box NGC will indicate on the holder that they were struck at San Francisco. Yet another cheap marketing trick to get more submissions. And yes, if they struck proofs they would get an S. They did in the past and I would expect they would again.
Edited by Conder101 06/17/2011 12:50 pm
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Pillar of the Community
United States
4897 Posts |
Kind of a shame IMO. Don't think I'll be buying into this ploy by the TPG's. Then again I never unstood buying slabbed bullion anyway?!
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Valued Member
 United States
223 Posts |
I don't think I'm liking very much the relationship the mint has with these large coin companies..
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Pillar of the Community
United States
927 Posts |
I remember thinking it was stupid years ago when the mint was making pennies at West Point with no mint mark. For some reason (I would love to hear why), the mint decided to not put the 'W' on any coins from West Point made for circulation. I think they said it would cause hoarding of the 'W' coins. I say, so what! I think it would actually INCREASE interest in these coins. Just like the ASE's now. People would want both the 'S' and 'W' mints and they would sell more. But we all know the mint does not think rationally most of the time.
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Rest in Peace
United States
9104 Posts |
The W mint was pressed into service to fill shortages. Putting the W on the coins would result in no net gain, since most would be hoarded. Different scenario on ASE.
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Pillar of the Community
United States
3755 Posts |
My understanding was that the 96 dime was the only non precious metal coin minted at West Point. As for the no mint mark thing. I REALLY dont think there is some behind the scenes collusion between the TPGs and the mint. I can just picture the conversation... CEO of NGC to head of the mint: Dude, you gotta NOT put a mint mark on those SF ASEs you are going to mint. That way we can make money hand over fist verifying the mint. Head of mint in response: Dude no problem, we just need a 15% cut. Oliver Stone anyone?
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Rest in Peace
United States
9104 Posts |
Quote: My understanding was that the 96 dime was the only non precious metal coin minted at West Point. Please don't guess, google. It takes much less time than having to have others issue corrections. Quote:From 1973 through 1986, the West Point Mint produced Lincoln cents bearing no mint mark, making them indistinguishable from those produced at the Philadelphia Mint. The years 1977 to 1979 saw Bicentennial quarters and Washington quarters produced as well.
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Pillar of the Community
United States
3755 Posts |
Excuse me? I wasnt guessing at anything. I simply stated what I thought was the case. Nor was I stating it as a fact requiring your issuing a correction. Its called conversation.
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Replies: 19 / Views: 3,662 |