Mint News Blog

News, Information, and Commentary on US Mint Products

Wednesday, April 13, 2011

2010 ATB Silver Bullion Update


More authorized purchasers have made their 2010 America the Beautiful Silver Bullion Coins available for sale. Because of the US Mint's terms and conditions for the distribution of the coins, pricing is below melt value.

A few weeks ago, I provided information on some AP's selling their allotments through relatively accessible means. This time around, the order process is more complicated or restricted, but I wanted to present the information for any interested readers.

Dillon Gage had previously indicated that their allotment was sold out. However, a few days ago, they announced that they had a "limited quantity" available. This may have been due to some of the original orders being canceled as duplicates or for other reasons.

Five coin sets of the 2010 America the Beautiful Silver Bullion Coins are available for $937.00 including shipping and handling, or $1,025.00 for Texas residents.

Unfortunately, their ordering process is not very easy. A form must be completed, signed, and returned. Then, payment must be sent by bank wire only, presumably before any confirmation of order acceptance is provided. Sending funds via bank wire generally involves physically going to the bank and may incur a fee.

You can find their order form here.

APMEX has made their remaining allotment available, but only to certain people who have been selected to receive the opportunity to purchase them.

According to emails sent by APMEX, there were 18,000 requests to order the coins. They selected 3,500 email addresses and provided these people with the opportunity to purchase one of 3,100 available sets. The coins are encapsulated in PCGS "Choice BU" holders and priced at $959.95 per set if paying by check or wire, or $988.75 for payment by credit card. For the group of selected email addresses, orders must be placed by April 15, 2011, midnight CST.

Their product page can be found online here. As mentioned, only those 3,500 people selected by APMEX can place orders. A reader whose email was not selected reported that the order cannot be completed at step 2 of the checkout process.

Prudential

Continuing the theme of complicated ordering processes, another reader mentioned that Prudential is accepting orders for 5 coin sets at $862.70.

In order to attempt to purchase the coins, an account agreement form must be completed, a W-9 must be completed with a social security number, and a copy of a government issued photo ID must be provided. These forms and documentation must be sent along with a check to the New Accounts Department where it will be reviewed.

If your order is accepted, the coins are not immediately shipped to you. Rather they are held at Diamond State Depository, a separate company where you will need to open another account. Once this account is open, you can have DSD continue to store the coins for you or arrange delivery. Either option will involve fees, which are unspecified.

If anyone is willing to put up with all of that, the order form and further information can be found here.

Labels:

154 Comments:

At April 13, 2011 at 7:42 AM , Anonymous Anonymous said...

I'll pass on this.

 
At April 13, 2011 at 7:45 AM , Anonymous Anonymous said...

Apmex was the way to go, too bad my name was not picked. I don't trust the way Dillon Gage wants you to order. No deal for me.

 
At April 13, 2011 at 8:00 AM , Anonymous Anonymous said...

I faxed and emailed Dillon Gage twice requesting a confirmation but they didn't reply. Then I emailed them saying that the bank requires their address and their bank's address which weren't on the form, to process the wire and I quickly got a response. I sent the wire Monday at 4:30 pm and today I got an order confirmation from their shipping department.

Getting these for below spot even with the wire fee can't be beat. I don't buy lottery tickets but when a deal looks good but complicated I take the chance. A multi-million dollar corporation is not going to play games with a $937 transaction.

 
At April 13, 2011 at 8:03 AM , Anonymous Anonymous said...

Prudential also appears to be having a fire sale. Order requires another $50 for shipping from a third party and crappy paperwork, SS#, ets.
http://www.prudentialbache.com/view/page/prubache/17214

 
At April 13, 2011 at 8:09 AM , Blogger Mint News Blog said...

Thanks. I'll add that to the main post too.

 
At April 13, 2011 at 8:12 AM , Anonymous Anonymous said...

Got a confirmation from Dillon Gage. Seems things are in order.
Anyone heard back from CNT?

 
At April 13, 2011 at 8:21 AM , Anonymous Anonymous said...

"We are sorry, your Customer ID was not selected to be eligible to purchase one of these items.
2010 5 oz Silver ATB 5-Coin Set PCGS BU or Better (May 13th)
These items have been removed from your cart."

Thanks APMEX, you can forget about any future orders from me!

(You sold my coins months ago to another re-seller didn't you!?)

 
At April 13, 2011 at 8:43 AM , Anonymous Anonymous said...

What bunch of bully pucky! This is just a Crappy way to treat the general public, since we are considered small fries.

 
At April 13, 2011 at 8:44 AM , Anonymous Anonymous said...

Maybe the depository that holds your coins at Prudental will need you to fly in person to their facility to set up an account requiring a retenal scan.

 
At April 13, 2011 at 8:51 AM , Anonymous Anonymous said...

I need to ask how APMEX select who can purchase. It is against the rule of US Mint to sell to public on the 1st come 1st service

 
At April 13, 2011 at 9:28 AM , Anonymous Anonymous said...

Got my set coming from APMEX, seems like a pretty nice deal.

 
At April 13, 2011 at 9:36 AM , Anonymous Anonymous said...

For 8:51 AM. Please explain your comment, as the Mint completes all of their Numismatic sales through a First In, First Out (FIFO) process. At least I can't recall a specific instance when they used a lottery or alternative selection process for any recent products. All of the other APs, to include the first round of APMEX sales, have used the similar FIFO system. The 5oz UNC coin on April 28th also will be handled in the same, nightmarish way.

The more relevant question is, "Did APMEX select the first 3500 qualified candidates from their wait list, or did they pick and choose? If the latter, then there is a huge problem.

Either way, Kudos to the lucky 3500!! Encapsulated AND a great price. Get 'em while you can.

 
At April 13, 2011 at 10:19 AM , Anonymous Anonymous said...

Prudential's forcing you to deal with a third party's unspecified fees to ship them is really ridiculous and can't comply with the Mint's rules of no hidden charges. What is the phone number of the Mint's legal counsel? Someone had it a while back.

 
At April 13, 2011 at 10:29 AM , Anonymous Anonymous said...

I wonder how the e-mails were selected? I wonder if they first checked everyone's account and selected the one's who have spent money there. You know, like a thank you.

Again, just guessing.

 
At April 13, 2011 at 11:02 AM , Anonymous Anonymous said...

If you order your ATB coins from Apmex, you can get free shipping if you order from your smart phone. Details are on their main page of the website.

 
At April 13, 2011 at 11:09 AM , Anonymous Anonymous said...

I didn't receive any email from APMEX saying I won their lottery, but I just placed an order fo the ATB sets. What now?

 
At April 13, 2011 at 11:29 AM , Anonymous Anonymous said...

If you were able to place an order, then you are on the list. Emails are delayed throughout the day. You will probably get the email sometime today.

 
At April 13, 2011 at 1:07 PM , Anonymous Anonymous said...

APMEX, I was on your wait list for months, now you cancel me? I'll never buy from you ever and I'm 27 years old.

 
At April 13, 2011 at 1:15 PM , Anonymous Anonymous said...

If you want to see the single largest collection of mis-information in one article, go to Coin World and read this one. Read it before they pull it down!

http://www.coinworld.com/articles/mint-sets-2010-atb-bullion-price/

And, as always, check with Michael. He almost always is the first to have all the information, and right the first time!!

 
At April 13, 2011 at 1:29 PM , Anonymous Anonymous said...

I donot understand how they choose certain people,not fair, thats bull ---- , u know what i am saying

 
At April 13, 2011 at 1:31 PM , Anonymous Anonymous said...

only mis information i see,,,is grand canyon release date,,, unless they have new info

 
At April 13, 2011 at 1:32 PM , Anonymous Anonymous said...

i mean yellowstone release date

 
At April 13, 2011 at 2:07 PM , Anonymous Anonymous said...

The Coin World article, as written, says that the 2010 Hot Springs and Yellowstone UNC "P" bullion will both go on sale at the MINT on April 25th.

When, in fact, the 2011 Gettysburg and Glacier bullions will be made available to the APs on April 25th at spot plus mark-up; $225 +/-. The 2010 Hot Springs "P" goes on sale to the public on 28 April for $279.95.

 
At April 13, 2011 at 2:14 PM , Anonymous Anonymous said...

WOW!! They already made the editorial corrections to their initial posting. Good thing, as the first version was way off.

 
At April 13, 2011 at 2:20 PM , Anonymous Anonymous said...

How could coin world get it so screwed up?

 
At April 13, 2011 at 3:38 PM , Anonymous Anonymous said...

It seems that I am one of the lucky guys.

Got the notice from APMEX to place order around 1:42pm. I signed up the Alert sometime October last year and I had only 1 transaction with APMEX within a year.

 
At April 13, 2011 at 3:39 PM , Anonymous Anonymous said...

APMEX exec: first mark up ATBs and sell to third parties. Next, gouge individuals.

Wait, the Mint may be on to us....shut down sales until we can find another way to be sneaky.

Let's provide a fake wait/notification list and cherry pick who we will sell to.

We will remember APMEX
Good will and fairness go along way.
You will be accountable.

 
At April 13, 2011 at 3:47 PM , Anonymous Anonymous said...

What could be more fair than a lottery drawing?

 
At April 13, 2011 at 4:29 PM , Anonymous Anonymous said...

I did not get an e-mail from Apmex either way so I took a chance and went to their site and ordered the set and it went thru. At least they took the credit card # and I have a printed sheet saying that it has been purchased. Thank you Michael for this site because otherwise I would have never known to even try to order. Strange stuff!!

I live just north of Dallas in Oklahoma. My brother has not been able to buy a set yet. Does anyone know if Dillon-Gage would let you walk in a buy a set for either cash or a money order? The post said they will not accept phone calls on ATB coins. I have never done any business with them. Again thanks to all who make this a successful site.

 
At April 13, 2011 at 4:35 PM , Anonymous Anonymous said...

Would Dillon Gage accept a Western Union wire for payment? I don't see why not. Anybody use WU for the wire?

 
At April 13, 2011 at 4:41 PM , Anonymous Anonymous said...

Dillon Gage doesn't care how you send the money - but many banks do not allow western union deposits anymore, due to fraud. That might be a problem, but you could try. I know my bank bans western union wires.

 
At April 13, 2011 at 5:40 PM , Anonymous Anonymous said...

I used Western Union to wire the money into Dillon Gage's account with no problems. The downer is that they charge a $60 fee for the transfer compared to $25-$30 that most banks charge.

 
At April 13, 2011 at 5:47 PM , Anonymous Anonymous said...

I pulled the trigger on a Prudential set and overnighted a check after calling their shipping company and being told the fee is $65 so the total would be 927.70, or $37.10 per oz., $3.50 an ounce under spot. That makes 7 companies I've been able to buy from, all learned of from this blog!

My plan is, if the price of silver goes up too high I'll at least be able to trade these for future 5 oz. issues.

Still I wonder how can such a rare issue be so easy to get 7 of?!!! If each collector gets an average of just 3 sets that's only 11,000 collectors buying these from the source. Maybe the 27,000 collector versions will take months to sell out as long as it is limited to 1 per family and flippers aren't able to buy 100 at a time.

 
At April 13, 2011 at 6:17 PM , Anonymous Anonymous said...

What will happen after 4/15?

You have until midnight (CST) Friday, April 15th, 2011, to go to the APMEX website and purchase your own set. These coins will sell out quickly so ACT NOW because there might not be any left by Friday. According to the U.S. Mint special provisions for these coins, only one set may be purchased per U.S. household.

We are offering these coins to you at unprecedented pricing below melt value with valued-added authentication, grading and encapsulation* by PCGS. In addition, your set is packaged in a custom designed box with a foam insert with five slots specifically cut, one for each PCGS holder, to ensure safe delivery and convenient for long term storage. As you already know, only 33,000 sets have been minted of the first series of these immensely popular coins, making them one of the most coveted coin series ever released.

 
At April 13, 2011 at 6:28 PM , Anonymous Anonymous said...

The number of real collectors of the ATB bullions is unknown. Who knows what the demand for these will be in the future. But even with that uncertainty, it's pretty hard to turn down buying silver below spot. There's hardly any downside to buying these at the AP prices.

 
At April 13, 2011 at 6:31 PM , Anonymous Anonymous said...

Hey APMEX person from 6:17pm: I'd love to buy one of the sets but your company chose to pick the buyers. Now you have a waiting game when you could been sold out by now. Why doesn't APMEX do a first come first served like the eight other AP's and the US Mint? I don't get your strategy.

 
At April 13, 2011 at 7:05 PM , Blogger Brandon said...

I canceled my first order from Jack Hunt but was able to order the second go around. I agree, couldn't pass it up for below spot. I'm done with modern collectible coins it's bullion from now on. As for coins maybe buy some older issue that have intrinsic value right about where the spot price is. That way it limits your downside. Took me awhile to learn this, and my wife pointing out that anything over spot is like collecting beanie babies!! Haha She's never been a fan of modern commemoratives, easy to sell her on pre 64 silver or pre 33 gold. :-)

 
At April 13, 2011 at 7:05 PM , Anonymous Anonymous said...

Thank you Michael for this great blog! I would not have known about Apmex selling otherwise. Have been on their wait list for these since last June. Passed on the initial December mint rule flouting, price gouge. Did not get an email today as of 8:00 PM, even checked my spam box. Decided to try an order anyway and it went through. Maybe several mult-thousand dollar purchases in past helped.
I have stuck to mint rules so others would have a chance. Have gotten 1 order through to 7 AP's. Gold Center too far from NH and not sure if Prudential is worth the hassle. They make it clear they don't want your business when you call them.
Best set was A-mark with 4 NGC 69's and 1 68. Worst was Jack Hunt.
Thanks again Michael for my favorite blog!

 
At April 13, 2011 at 8:51 PM , Anonymous Anonymous said...

Hey any fellow numismatists, what is the "promo code" you need to enter for APMEX to buy ATBs?

I set up an account last year and was on the "alert list" and never got an alert.

They are now trying to scr** me by pretending some lottery made me not able to purchase the coins. Lottery???? Come on!!!!

How does APMEX know the lottery "winners" will actually buy the coins?????????????

A US Government approved reseller needs to be fair. APMEX you are not being fair.

Should be first come first serve.
Maybe my zip code entered doesn't have a high enough median income for them????

Someone should look into this.
I would like to know how many actual individuals that did not sign up for the initial rip-off priced coins were selected for the lottery. If the answer is not several thousand (documented) than I suggest further action from our government.

 
At April 13, 2011 at 9:52 PM , Anonymous Anonymous said...

Hmm, I did not win the APMEX "lotto" either and my mailing zip is 94601.

 
At April 14, 2011 at 4:15 AM , Anonymous Anonymous said...

How did APMEX conduct their lottery?
Seems bizzare they would not do first come, first serve. There would be no way they would know if "lottery" winners would purchase the coins, since many other venues have been recently available.
Smells fishy to me too.

 
At April 14, 2011 at 4:59 AM , Anonymous Anonymous said...

Not to defend APMEX's handling of the whole affair but there are not many perfectly equitable solutions at this point. A pre-announcement would result in slamming of the website with many dissapointed that did not get through. A surpise sale would make those that missed out very angry. They opted for a "controlled" sale through some type of lottery. I was lucky and tried to buy before I got an email and it went through. Then I got the email about four hours later. I have only made a few orders from them, so I was not being rewarded. Maybe they picked some small buyers in the hopes they would not buy and could then re-offer to more people on the list. That way they could say more people had the opportunity to buy. One thing is for sure, it was not a list of only big volume buyers.

 
At April 14, 2011 at 5:20 AM , Anonymous Anonymous said...

What is your zip?

 
At April 14, 2011 at 6:17 AM , Anonymous Anonymous said...

Zip for 4:59 AM is 21701

 
At April 14, 2011 at 6:40 AM , Anonymous Anonymous said...

Better question would be when did you set up your alert me option? That way we might know if they were picking in a chronological order.

 
At April 14, 2011 at 7:01 AM , Anonymous Anonymous said...

I'm a college student and put the "alert me" request on my account the same day the original offering sold out (in Dec. I think). I have been shut out from ordering and I live in a not fancy zip code 20783.

 
At April 14, 2011 at 8:08 AM , Anonymous Anonymous said...

Response from Dillon Gage:

"Unfortunately we cannot accept Western Union wires for payment. We have no way to determine where the wire is coming from through Western Union."

If anybody did use Western Union, I would investigate.

 
At April 14, 2011 at 9:28 AM , Anonymous Anonymous said...

Purchased from Dillon and Gage. Sent wire and emailed order form. Received confirmation within 2 days. Not too bad. Also got the email from APMEX. I am a customer with previous purchases. Maybe that helped. Prudential, no way I am going through this torture. Worse then this was having to drive from Louisiana to Illinois to buy from the Gold Center. Passed on both. Others APs had acceptable purchase method.

 
At April 14, 2011 at 9:35 AM , Anonymous Anonymous said...

Anyone had confirmation from CNT?

 
At April 14, 2011 at 9:41 AM , Anonymous Anonymous said...

re: CNT, nope

 
At April 14, 2011 at 10:40 AM , Anonymous Anonymous said...

CNT website gone.

 
At April 14, 2011 at 10:44 AM , Anonymous Anonymous said...

Did CNT take our money and run?

 
At April 14, 2011 at 10:59 AM , Anonymous Anonymous said...

CNT sent a very nice set in plastic petrie dishes (airtites). Along with the ATB set, they also sent 12 Barber halves. I think it is just a matter of being patient. If they've run out of sets, I'm pretty sure they will return your check. Most likely, they took down the website because they can no longer take any new orders.

LL

 
At April 14, 2011 at 11:38 AM , Anonymous Anonymous said...

I live just north of Dallas in Oklahoma. My brother has not been able to buy a set yet. Does anyone know if Dillon-Gage would let you walk in a buy a set for either cash or a money order?

If you are planning to buy a set from them and live in the area, why not fax or email your order, then take your cash and see? The worst they can say is no, go send a wire. But my guess is they will take the money and give you the set. They seem to be pretty nice.

 
At April 14, 2011 at 12:30 PM , Anonymous Anonymous said...

I called CNT about my ATB order today. They were nice and said they were planning a mass shipment of the ATB's the week of April 25th. Also, they will notify you by email when the item ships.

 
At April 14, 2011 at 12:38 PM , Anonymous Anonymous said...

re: called CNT, thanks for passing on the info.

 
At April 14, 2011 at 12:52 PM , Anonymous Anonymous said...

silvers knocking on $42

 
At April 14, 2011 at 1:02 PM , Anonymous Anonymous said...

Does any have any idea when dg is mailing there sets.

 
At April 14, 2011 at 1:46 PM , Anonymous Anonymous said...

If you complain to APMEX this is what they send you:



The supply of this product was extremely limited. Therefore, in order to be
fair to all customers who wanted to purchase a set, APMEX implemented a
pre-registration and lottery type system to identify specific customers
eligible to purchase the 2010 ATB coins from APMEX. Only the lottery
winners received the email from APMEX with the offering and will be entitled
to order one set of these coins.

If you did not receive an email from APMEX, you will not be eligible to
purchase at this time. We apologize for any inconvenience this has caused.

Thank you for the opportunity to serve you!!!

 
At April 14, 2011 at 2:10 PM , Anonymous Anonymous said...

Prudential says that the Diamond State Depository is responsible for storing and shipping the ATB bullion coins.

Does anyone know the cost of shipping from the DSD? Any other information you can provide?

 
At April 14, 2011 at 2:21 PM , Anonymous Anonymous said...

Appreciate my earlier post being deleted when it broke no rules.

 
At April 14, 2011 at 3:34 PM , Anonymous Anonymous said...

Hw long did it take for CNT's coins to deliver? I got an email with confirmation number saying the package shipped on the 12th April. When I checked USPS tracking info it says I'll get it on the 14th. ... The mailman was here already plus the tracking log only says the package was accepted in bridgewater ma. Anybody has any similar experience? Thoughts?

 
At April 14, 2011 at 3:58 PM , Anonymous Anonymous said...

Will be so glad when all of you waiting on your 5 oz bull have them delivered. Such panic! What are you going to do when you flip them, drive the flipee just as crazy? Also check out the 2012 Redbook value, you better hope silver stays high. MMMWWWWAAAHHHHAAA !

 
At April 14, 2011 at 4:40 PM , Anonymous Anonymous said...

...Also check out the 2012 Redbook value, you better hope silver stays high. MMMWWWWAAAHHHHAAA !...

Just think of the numismatic value assigned to these bullion pieces with DMPL designations, etc... Sad but true.

In years to come, people will be clamoring for em'

 
At April 14, 2011 at 5:23 PM , Anonymous Anonymous said...

The PCGS holders don't do the coins justice.
NGC holders allow you to actually to read the ".999 silver 5oz" etched on the side.

 
At April 14, 2011 at 6:19 PM , Anonymous Anonymous said...

In years to come, people will be clamoring for em'

Not I, I clamor for wolves and grizzlies. Not falling for anymore gimmicks, or slick underhanded deals, a certain AP was behind the December fiasco, and now involved in the April fiasco. Everyone knows who it is.

 
At April 14, 2011 at 6:38 PM , Anonymous Anonymous said...

Can you say A M P E X?

Funny, I just unsubscribed to their e-mail list. Very arrogant thumbing their noses at whoever they can. Time will show this was not a good idea.

Very friendly at CNT and Dillon, will do business with them again!

 
At April 14, 2011 at 6:39 PM , Blogger markjdye said...

Dillon Gage just sold out. I got my order in early Monday and received a shipping confirmation yesterday. Pretty fast for an AP. I was able to purchase a set from CNT the first go around and they shipped within two weeks. Patience. If you received a confirmation, you'll get your coins. They were sent in airtites and they were the same quality as my A-Mark set. Meaning, very good!

 
At April 14, 2011 at 6:41 PM , Anonymous Anonymous said...

Can you say A M P E X?

Funny, I just unsubscribed to their e-mail list.


ME TO !!!!!!

 
At April 14, 2011 at 7:10 PM , Anonymous Anonymous said...

How do you cancel your account with APMEX? I can't seem to get my account canceled.

 
At April 14, 2011 at 8:45 PM , Anonymous Anonymous said...

I put an alert in with APMEX for the ATB 5oz.'s back prior to December, October I believe. When the Dec. issue arose the whole thing turn me off of the ATB's completely. No huge premium for bullion. I had no intention of buying and passed. Well, got the e-mail and just noticed it a short while ago. Silver under spot? You betcha. Placed my order. I'm still not an ATB puck fan, but I do like bullion and to me that's all these are.

As for those upset with APMEX, well that's OK, until the next good deal rolls around. I'm sure many of you would go back to them. I'm not a big buyer of their stuff (especially recently) and almost never saw the email from among their usual email ads. But the short answer is nobody is twisting arms for you to buy. Seems like many are trying to acquire multiple sets (within the guidelines, I realize). I do have sympathy for the guy that wants one set, but not too much for the guys working on their 5th or 6th. It's just bullion to me, and that's my intent in buying. Do I want it to increase in value? Sure. I buy bullion to hold my wealth, but I've never so much as sold an oz. (or a single coin for that matter, as I'm a collector)in my entire life. I don't buy what I don't intend to keep, barring a potential financial hardship. I'd much rather have a strong dollar and great economy, with $5 silver, but that's not the reality of the times.

 
At April 14, 2011 at 10:19 PM , Blogger Cesar said...

Very disappointed with APMEX!!!!

Definitely will not do business with them.

 
At April 15, 2011 at 3:29 AM , Anonymous Anonymous said...

I was selected by APMEX (sweet). I hope I ordered in time. I guess the emails/notices went out Weds. I didn't check my email till Thurs night. I read part of this blog post Weds night, but my eyes glazed over and I'm like, I don't have time to fight for a set of these coins. Had I spent money with APMEX before? Lots.

 
At April 15, 2011 at 3:32 AM , Anonymous Anonymous said...

It looks like they still have 1600+, going by their counter.

 
At April 15, 2011 at 4:39 AM , Blogger dawson said...

yea got picked from email list great buy pcgs graded bu all 5 pieces for $1008.00 includ shipping ,brought set last eveing

 
At April 15, 2011 at 5:00 AM , Anonymous Anonymous said...

got mine for $969.95 including shipping.

 
At April 15, 2011 at 6:37 AM , Anonymous Anonymous said...

I'm thinking since the Mint lifted the rules for 2011, NONE of the AP's except APMEX will sell them directly to the public anymore. Those "other guys" will go back to business as usual, selling only to the "big boys" who will then sell to the public at an additional mark-up.

So everyone saying they will "do business" with those other AP's again will probably NOT be, even though it is not by their choice.

 
At April 15, 2011 at 6:45 AM , Anonymous Anonymous said...

The PCGS holders don't do the coins justice.
NGC holders allow you to actually to read the ".999 silver 5oz" etched on the side.

Well, I know what the edge says...I like the PCGS holders better. The NGC holders are WAY TOO BIG

 
At April 15, 2011 at 11:13 AM , Anonymous Frank said...

Ordering deadline for those selected few will end Apr15 Midnight CST. Does anyone know how many they sold so far and how they are going to sell the rest?

 
At April 15, 2011 at 2:35 PM , Anonymous Anonymous said...

There's a good chance APMEX will have unclaimed sets avaiable. In that case, APMEX will either have another lottery or open it up to the general public. I'm inclined to think they'll do the former.

 
At April 15, 2011 at 3:08 PM , Anonymous Anonymous said...

TRUTH, RUMOUR, OR PURE SPECULATION?

There's a good chance APMEX will have unclaimed sets avaiable. In that case, APMEX will either have another lottery or open it up to the general public. I'm inclined to think they'll do the former.

 
At April 15, 2011 at 4:56 PM , Blogger Lawrence said...

This comment has been removed by the author.

 
At April 15, 2011 at 4:57 PM , Anonymous Anonymous said...

FYI - Although I was previously denied purchasing the ATB from APMEX because I was not a selected account. I just tried and was able to place an order. Received a confirmation e-mail after placing the order.

 
At April 15, 2011 at 4:59 PM , Anonymous Anonymous said...

APMEX IS OPEN FOR BUISNESS IF YOU SIGNED UP. GET THEM NOW!!!!!

 
At April 15, 2011 at 5:23 PM , Anonymous Anonymous said...

AMPEX is NOT open for business.

The poster above is the boy who cried "Wolf!"

 
At April 15, 2011 at 5:37 PM , Anonymous Anonymous said...

Good grief ! Can we order or not ?????

 
At April 15, 2011 at 5:48 PM , Anonymous Frank said...

If you didn't register, then no. If you did (like I did), then yes (like I just did). I didn't receive one of these emails...

 
At April 15, 2011 at 6:26 PM , Anonymous Anonymous said...

I registered but have not been able to place an order. So it depends.

 
At April 15, 2011 at 6:30 PM , Anonymous Anonymous said...

http://www.apmex.com/product/59810/default.aspx

 
At April 15, 2011 at 6:38 PM , Anonymous Anonymous said...

Just went to the above website. It asks you to put in a promo code. I don't have one, so the website deleted my order.

 
At April 15, 2011 at 6:42 PM , Anonymous Anonymous said...

I used it at 7:25 EST. At that time it did not ask for a Promo Code. Keep trying a few more times, they may be having heavy traffic.

 
At April 15, 2011 at 6:42 PM , Anonymous Anonymous said...

I got one from APMEX guys go for it if you wisht to get from them I was not selected was told was not picked before so go for it.
set#5 coul not pass on for less then spot price.

 
At April 15, 2011 at 6:43 PM , Anonymous Anonymous said...

I thought $959.95 was the final price. APMEX just tacked on $19.95for shipping and handling (which must be bogus) for a final price of $979.90. Is that what everyone, including the 3500 that got the emails, paid?

 
At April 15, 2011 at 6:46 PM , Anonymous Anonymous said...

ordered from I phone so no shipping cost I guess.

 
At April 15, 2011 at 6:50 PM , Anonymous Anonymous said...

Using credit makes it 1,008.70. I did not get a special email either, I-Phone orders get free shipping. This Evening my order was accepted and a confirmation was sent to email account. Checked the Credit Card and it is showing "pending", as usual. I had registered with them in early April this year. Good Luck !

 
At April 15, 2011 at 6:56 PM , Anonymous Anonymous said...

Why does an I-phone make shipping and handling free?

 
At April 15, 2011 at 7:00 PM , Anonymous Anonymous said...

I just tried again (10 PM Eastern Time). Still no luck placing an order.

 
At April 15, 2011 at 7:08 PM , Anonymous Anonymous said...

Why does an I-phone make shipping and handling free?

April 15, 2011 6:56 PM

Because their web site says so !

 
At April 15, 2011 at 7:08 PM , Anonymous Anonymous said...

I guess there is a promotion for using mobile app.

 
At April 15, 2011 at 7:11 PM , Anonymous Anonymous said...

I just tried again (10 PM Eastern Time). Still no luck placing an order.

April 15, 2011 7:00 PM

Did you go ahead and register? If not, do so, and try again. And NO, I do not work for them ! Just trying to help you.

 
At April 15, 2011 at 7:12 PM , Anonymous Anonymous said...

There is a promotion for I-Phone.

 
At April 15, 2011 at 9:26 PM , Anonymous Anonymous said...

Yes. I registered under 2 different email addresses. No luck.

 
At April 15, 2011 at 11:20 PM , Anonymous Anonymous said...

Thank you for Ampex info.
I just got one set.

 
At April 16, 2011 at 3:02 AM , Anonymous Anonymous said...

We are sorry, your Customer ID was not selected to be eligible to purchase one of these items.
(#59810) 2010 5 oz Silver ATB 5-Coin Set PCGS BU or Better (May 13th)

These items have been removed from your cart.

 
At April 16, 2011 at 4:34 AM , Anonymous Anonymous said...

Maybe APMEX added another 3500 to the eligible purchasers list and that's why some of us are able to purchase and some not. Or you would have at least had to be on the original wait list.

 
At April 16, 2011 at 5:45 AM , Blogger Brandon said...

Has anyone heard anything from the second round with Jack Hunt? My money order was signed for on Wed. Havent had any communication otherwise. Just curious. Thanks

 
At April 16, 2011 at 5:48 AM , Anonymous Anonymous said...

Update from FideliTrade "Announcement" Page

4/15/2011 - America the Beautiful Silver Coin Update

FideliTrade is sold out of the 2010 America the Beautiful coin set. We will be offering the 2011 coins once they are released from the U.S. Mint

 
At April 16, 2011 at 6:18 AM , Anonymous Anonymous said...

Michael, THANK YOU SO MUCH, for your blog. Thanks to you and some of the others on here I just found out that evidently APMEX must have opened it up, after those on their list that wanted one got one. My order was accepted and I am so happy. This is the first time since December when everything came together at the right time. This is my only set. YOU ARE THE MAN !!!!!!!!
April 15, 2011 5:25 PM

 
At April 16, 2011 at 8:15 AM , Blogger Mint News Blog said...

"Appreciate my earlier post being deleted when it broke no rules."

There were a couple of comments that got caught in the spam queue. I have released them. This is an automated filter to cut down on spam, but sometimes gives false positives.

 
At April 16, 2011 at 9:01 AM , Anonymous Anonymous said...

I just received the email from APMEX inviting me to order. I had already ordered last night. So there is a delay between APMEX's order system and receiving the email. APMEX appears to be selecting more customer ids for ordering blocks at a time. The email says I have until Monday midnight to order. So if you are still having no luck ordering, I would try again starting Monday night.

 
At April 16, 2011 at 9:09 AM , Anonymous Anonymous said...

I received an email from APMEX this morning (Saturday) offering to let me buy a set. Since the original offer expired last night, I assume they did not sell out and selected a new group of emails.

My order has been received and acknowledged.

 
At April 16, 2011 at 9:29 AM , Anonymous Anonymous said...

no way to register for those apmex coins now? i would really like 1 set.

 
At April 16, 2011 at 9:30 AM , Blogger Andrew said...

Well it appears that Fidelitrade is sold out of the ATB sets. Still waiting to recieve mine but I do have confirmation of the order.

Side question, does anyone know where the best deal is to buy the air-tite capsules and best wooden display box you may have purchased? Thanks in advance.

 
At April 16, 2011 at 9:32 AM , Anonymous Anonymous said...

I got an e-mail at 11:00am on 4/16/11 from apmex that I could order ATB coins, today only. I did order one set. Looks like a may 13th ship date.

 
At April 16, 2011 at 10:44 AM , Anonymous Anonymous said...

I purchased my Z5 from Air-Tite
($1.60 each). I hear you can also purchase on ebay.

http://www.air-tites.com/america_the_beautiful_coin_holders.htm

Not sure about the wooden boxes, I've seen them on ebay as well. Good LUCK!

 
At April 16, 2011 at 2:56 PM , Blogger John said...

I was also lucky enough to be on the second round of email invites. I ordered mine 15 minutes before my email arrived so there is definitely a delay between the email and ordering. Thanks again Michael for a great site. Just curious want fellow readers on this board are thinking about the 125,000 mintage for the 2011 bullion ATB'S. Is the mintage just right, too high or too low? My gut feeling is that the mintage will not meet demand.

 
At April 16, 2011 at 3:15 PM , Anonymous Anonymous said...

I got my 5 set from APMEX BU PCGS 1ST STRIKE!!!!!!!!!

 
At April 16, 2011 at 3:17 PM , Anonymous Anonymous said...

The 2010 are the set to have on the 5oz the 2011 will not sell out. You can bet on it!!!!!!!

 
At April 16, 2011 at 3:18 PM , Anonymous Anonymous said...

John: Given how many people seem to have acquired multiple sets, I'm not so sure that 125,000 wouldn't meet demand... Though it's always tough to forecast investor demand for bullion versus speculator/collector demand, it seems for the time being that the relatively low mintage of 33,000 sets has been fairly easy to acquire, even with all the hype surrounding them.

I'm going to go with 125,000 being "just right" if not a little too much. (Though I'm certainly hoping it's "way too little" making the 2010's keys by a long shot...)

 
At April 17, 2011 at 1:46 AM , Anonymous Anonymous said...

The above posted is absolutely correct. Getting at least one of the 33,000 sets of bullion coins has been relatively easy for those willing to the pay.

That then brings up the question of what will the future value of these sets be with relatively low demand? And what will the value be when silver values fall from historic highs?

Of course, those who respond to such questions will likely say that values will continue to go up. But will they? I have seen a lot of speculation from visitors here and little facts. The real answer is that no one can predict the future. Time will certainly tell.....

 
At April 17, 2011 at 2:00 AM , Blogger Hidalgo said...

Getting at least one of the 33,000 sets of bullion coins has been relatively easy for those willing to pay.

That then brings up the question of what will the future value of these sets be with relatively low demand? And what will their value be when silver values fall from historic highs?

Of course, those who respond will likely say that values will continue to go up. But will they? I have seen a lot of speculation and little facts. The real answer is that no one can predict the future. Time will certainly tell.....

 
At April 17, 2011 at 6:49 AM , Anonymous Anonymous said...

2010 ATB 3"5oz Prices

1.MTB of NY $930 shipped

2.Fidelitrade of DE $930 shipped

3.The Gold Center of Ill $975 shipped

4. A-Mark of CA $975 shipped ((Slabed PCGS F/S Gem BU ))

5. Apmex of OK $860 shipped ((Second Round of sales Slabbed PCGS F/S BU or Better)) $980 Shipped C/C $1,008.75 Shipped

6. Jack Hunt of NY $949 shipped ((If your Check was lost you got a PCGS MS-68 Set))

7. Dillon Gage of TX $937 shipped ((Second round of sales included two A.S.E.)) $1,025 Shipped

8. Prudential of NY $862.70 + S/H ((Storage Complicated ordering processes))

9. Coins-N-Things of MASS $930 + $170 ((For $6 Face Value in 90% Silver 12 Barber Half's))= $1100 shipped

10.Scotia Mocatta of NY ((No participation))

11.Commerzbank of NY ((No participation))

First day of sale's 12/3/2010 Silver Spot $29.00 4/15/2011 Silver Spot $43.00

The Mints Nine Authorized Purchaser's Sold out of these bullion sets on April 25th 2011 in order to acquire there 2011 allotments.

2010-P 3"5oz Hot Springs ((Numismatic Version)) Launches April 25th Mintage 27 K Price $279 each

 
At April 17, 2011 at 7:16 AM , Anonymous Anonymous said...

Jack Hunt - add $14 for air-tites.
Dillon Gage - add min. $25 wire fee to $937 (this was recent, 2 A.S.E. added for Texas residents only.

 
At April 17, 2011 at 7:54 AM , Blogger John said...

I guess the big question is what will the AP'S premium on the 2011 bullion coins be? If the premiums are in line with silver eagles per ounce I would say that they would sell out very quickly as many people would order multiple sets. My basic logic is that silver bullion is currently off the charts, then why wouldn't you purchase silver in this low mintage form. I use the word low mintage in comparison to silver eagles or any other world silver coin. I think the AP'S will charge the maximum premium that they are allowed, I'm just not sure if 10% is their new guideline or if it was just for the 2010 ATB'S ....Any thoughts out there?

 
At April 17, 2011 at 9:28 AM , Anonymous Anonymous said...

How many dealers below are still actively selling the ATB 5 ounce coin sets?

1.MTB of NY
2.Fidelitrade of DE
3.The Gold Center of Ill
4. A-Mark of CA
5. Apmex of OK
6. Jack Hunt of NY
7. Dillon Gage of TX
8. Prudential of NY
9. Coins-N-Things of MASS

 
At April 17, 2011 at 11:00 AM , Anonymous Anonymous said...

Prudential and APMEX (to their restricted list), are the only ones I know of that are still selling 2010 ATB. APMEX wll be sold out soon. Coins-N-Things may have more more to sell unless they sold out during their phone sessions which would be hard to believe.

 
At April 17, 2011 at 1:48 PM , Anonymous Mercury said...

Regarding John April 17, 2011 7:54 AM Post...In answer to the question regarding what will the AP'S premium on the 2011 bullion coins be? That answer will depend on you. The premium price will stay at what ever the market will bare. We Know that the silver spot price plus 10% is a given, no questions ask! Where it goes from there will depend on how much of your hard earned money will you be willing to spend. Anyone who has ever purchased scalped tickets can attest to the face that supply and demand is the key to price fixing. Now in the case of the 2011 bullion coins it is my understanding that the US Mint have intended to increase the mintage of these bullions depending on their continued demand. So with that in mind those who will be quick to purchase the coin will pay an enormous fee for that privilege and everyone after that will be subject to the price paid by the person in front of him. That is until the Mint restart production and re-release that same bullion, which will increase the supply and lower the demand, and thus lower the overall price to a new bare market price; which again will be determined by what your willing to pay, of which we all hope by then will be considerable lower than at it’s initial release price. That's what I think, hopes it will help you in making a wise decision.

 
At April 17, 2011 at 1:50 PM , Anonymous Anonymous said...

What's the best way and cost to get these coins graded? Is there any blog post or information for newbie collectors regarding the coin grading process and whether it's really worthwhile to do so (or is it really just a scam).

 
At April 17, 2011 at 3:57 PM , Anonymous Anonymous said...

I like NGC IT WILL COST ABOUT $270.00 FOR ALL 5 COINS TO GET GRADED

 
At April 17, 2011 at 4:28 PM , Anonymous Anonymous said...

Got a ship date on the APMEX set about 3 hours ago of April 20th. I had signed up April 1, and was unable to buy during first round. Good Luck to all still trying.

 
At April 18, 2011 at 7:01 AM , Anonymous Anonymous said...

APMEX, website is showing only 137 remaining.

 
At April 18, 2011 at 6:14 PM , Anonymous Anonymous said...

APMEX sold out about 6:30 PN EST.
Silver closed at $43.19, up $0.14 from Friday.

 
At April 18, 2011 at 6:56 PM , Anonymous Anonymous said...

Did anyone see this?
HSN is selling a 2010 MS70 5 oz. National Parks Silver Bullion Set of 5 CoinsItem: 129-312; Graded "perfect" by ANACS.
at the low, low price of . . . . . (think drum roll)

HSN Price: $21,999.95 + 68.95 s/h for a Grand Total of $22,068.90.
The really funny thing is it also says "Almost Sold Out", but I guess if there is only 1 then that would be true.

 
At April 18, 2011 at 7:46 PM , Anonymous Anonymous said...

I got an email notice from APMEX on Saturday April 16, 2011 at 6:30 am.
I was in Vegas and did not read the email until Sunday night. I have until Monday April 18 midnight to place the order. I placed the order Sunday night and got an order confirmation email. So Tuesday morning APMEX might send another round of notices for the unclaimed sets. Please don't unsubscribe, you still have a chance.
GOOD LUCK !

 
At April 19, 2011 at 8:34 AM , Anonymous Anonymous said...

Can somebody answer this please 33,000 ATB sold buy the AP's 27,000 ATB sold by the mint what about the 2011 ATB 5oz. who will sell them?????

 
At April 19, 2011 at 8:41 AM , Blogger John said...

Thanks Mercury for your response. I'm just curious if 125,000 of these is enough and if the mint would regulate the prices on these if the ap's try to price gouge again. If they make enough of these then true supply and demand will take over and the price will end up where it belongs. Is the mint making 125,000 of these or are they going to mint to demand like the silver eagles? only then will it be a true bullion coin.

 
At April 20, 2011 at 3:34 PM , Anonymous Anonymous said...

Looks like APMEX just updated their site to sell the 2011 5 oz ATB's, for both. I signed up, just not sure if I will pull the trigger on these.

http://mobile.apmex.com/Category/110/America_the_Beautiful_Silver_Bullion_Coin%E2%84%A2_Program

 
At April 20, 2011 at 3:35 PM , Anonymous Anonymous said...

Looks like APMEX just updated their site to sell the 2011 5 oz ATB's, for both. I signed up, just not sure if I will pull the trigger on these.

http://mobile.apmex.com/Category/110/America_the_Beautiful_Silver_Bullion_Coin%E2%84%A2_Program

 
At April 20, 2011 at 4:42 PM , Anonymous Mercury said...

There are a couple of things are going to happen here. First the 2011ATB 5oz bullion coins, having no mint mark, will be purchased from the US Mint by the Approved Purchasers and then sold to the public in the same manner the Silver Eagle Bullions which has no mint mark are being sold. The US Mint will not participate in selling the 2011 ATB 5oz bullion coins that do not have a mintmark to the public. The Mint will have 125,000 2011 5oz bullion available for the AP to purchase then in turn the various Approve Purchaser will sell the 5oz bullion much the same way the silver eagle bullions are sold. The catch here in regards to pricing is that the AP are a liberty to charge whatever they see fit. To price gouge or not will depend on their discretion or on our eagerness to purchase. Skies the limit in regards to pricing. But in the best interest of the needed cash flow, it is most likely that the asking price will stays moderate. But where you will definitely see enormous price gouging will come from the individual collector who will purchase the bullions in order to resell them. This being the case, one way to navigate the market will be to first go to the actual websites of the different Approve Purchaser, much like you did when you purchased the 2010 ATB, and compare prices. You can bet that they will be in heavy competition with one another to sell their goods. And if worst comes to worst and there is a quick sellout the Mint can (and it sounds like they will) make more.

 
At April 20, 2011 at 8:25 PM , Anonymous Anonymous said...

When/how did the US Mint regulate the pricing the AP had to use for the 2010 ATB sets? How often does that happen?

 
At April 20, 2011 at 9:00 PM , Anonymous Anonymous said...

Sorry about the earlier link, didn't work so well from my cell. This link should work.

http://www.apmex.com/Search/Default.aspx?Search=5 oz Silver 2011

 
At April 21, 2011 at 8:57 PM , Anonymous Anonymous said...

After months of waiting, I just received my ATB 5oz set from Jack Hunt. I've never seen $200 coins packaged so carelessly. They put each raw coin in a separate bubble wrap paper envelope with a note that it is just bullion and not worthy of careful handling. The Yellowstone coin has large dirty fingerprints on front and back. Most of the others have knicks and scratches clearly from mishandling out of the tubes.

I buy uncollectible rounds and bars that are handled with more care. Think JH could have sprung for a few plastic flips?

If Jack Hunt didn't want its 2010 ATB allotment, it should have returned them to the mint.

 
At April 21, 2011 at 9:10 PM , Anonymous Anonymous said...

YEA!! The US Mint has the Hot Springs "P" up on it's website! {price is still $279.95)
This is interesting:
Ordering Limits:
A limit of one (1) coin per household is in effect for the first week of this product's release. At the end of this period, the United States Mint will re-evaluate this limit and either extend, adjust or remove it.

 
At April 21, 2011 at 9:11 PM , Anonymous Anonymous said...

link for the 2010 Hot Springs "P"

https://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=16306&langId=-1&parent_category_rn=10001

 
At April 21, 2011 at 11:29 PM , Anonymous Anonymous said...

just received atbs from jack hunt. all packaged pcgs in a solid box then in bubble wrap and then the shipping box.
first strike ms68pl,
" ms68dmpl
" ms68
" ms68dmpl
" ms68pl

 
At April 22, 2011 at 7:40 AM , Anonymous Anonymous said...

Anonymous Anonymous said...

After months of waiting, I just received my ATB 5oz set from Jack Hunt. I've never seen $200 coins packaged so carelessly.

April 21, 2011 8:57 PM

If it were me, I would send that crap back to them from a collector perspective.

 
At April 22, 2011 at 12:55 PM , Anonymous Anonymous said...

If it were me, I would send that crap back to them from a collector perspective.

April 22, 2011 7:40 AM

Thanks. I would if they weren't worth more now at melt value now than the $949 I paid Jack Hunt. Anyone out there want to buy some really banged up ATB bullion?

 
At April 22, 2011 at 4:35 PM , Anonymous Anonymous said...

http://www.dillongage.com/files/ATB_Order_Form_0411_3_Options.pdf

 
At April 22, 2011 at 4:53 PM , Anonymous Anonymous said...

Anyone receive their DillonGage set yet?

 
At April 22, 2011 at 7:10 PM , Anonymous Anonymous said...

I received my order from Dillon Gage but haven't opened it yet. The package is so small, which makes me believe that are just raw coins inside. when I open it, I will let you know.

 
At April 22, 2011 at 8:33 PM , Blogger Vwap said...

This comment has been removed by the author.

 
At April 22, 2011 at 8:34 PM , Anonymous Anonymous said...

@7:10pm

Was it recent? Was there any shipping confirmation, or did they just show up one day?

Thanks!

 
At April 23, 2011 at 6:43 AM , Anonymous Anonymous said...

Received my DG order on Friday, 4 of 5 look pretty good. The packaging was taped, very secure, with no sliding around.
My coins were "raw" shipped in mylar flips and then in a small "gift"box, then inside another box. All in all, I'm pretty happy, quick turn around time: placed order and wired funds on 4/8/2011.
Received on 4/22/2011, no e-mail conformation or ship information provided. Shipped via UPS. The UPS man just showed up at the door this afternoon, we did have to sign for them.
I received my ASE's (1) 1991 and (1) 2008, as well, it has been a good day!

 
At April 24, 2011 at 9:34 AM , Anonymous Anonymous said...

Does anyone know if The Gold Center is selling the 2010 ATB sets on line? If they are selling ATB sets,what is the link to contact them to place an order? Thanks for any help on this.

 

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