Quick US Mint News Updates
2011 America the Beautiful Silver Bullion Coins
Within communications to their authorized purchasers, the United States Mint previously indicated that production levels for the 2011 America the Beautiful Silver Bullion Coins would be "substantially higher" than for the previous year.
A recent article in Numismatic News put the total production for the first 2011 release featuring Gettysburg National Military Park at 125,000 units. This compares to production of 33,000 units for each of the 2010 designs.
By nearly quadrupling the number of coins available, the nature of the offering will certainly be very different this year. The coins are more likely to be priced and purchased as bullion, although there will of course be collectors who continue to pursue the series. The low mintage status of the 2010 issues will also be solidified.
James Buchanan's Liberty Gold Coins
The uncirculated version of the James Buchanan's Liberty Gold Coin seems to be approaching a sell out.
Following the unexpected sell out of the proof version of the coin, the US Mint indicated that a total of 13,000 coins had been produced across both versions. This level, which is below the maximum stated mintage, had been established based on demand forecasts.
The last reported sales for the proof version of the coins was 7,304. For the uncirculated version, the US Mint just reported weekly sales of 493 coins, bringing the total to 5,579. Together, this comes to 12,883.
View the full US Mint sales report.
Andrew Johnson $1 Coin Cover
Full images of the first of the Presidential $1 Coin Covers with the US Mint's new branding were recently posted on the website. Whereas other products have been switched from the previous colorful packaging to the new black and/or white color scheme, the new packaging for this product is a mix of the old and new.
The top two thirds of the cover retain the American flag background, while the bottom one third is a black bar with the Treasury Department Seal and the US Mint logo. The portrait of the President has been reduced in size and floats disembodied next to the coins. While arguments can be made for or against the new branding as applied to other product types, this one just doesn't look right.
Labels: US Mint