2011 ATB Silver Bullion Coin Sales
On April 25, 2011, the US Mint will begin sales of the first two designs for the 2011 America the Beautiful Silver Bullion Coins. The coins will feature Gettysburg National Military Park and Glacier National Park.
As previously indicated, the initial mintage level will be 126,500 units per design. With the greater number of coins available, the US Mint will not impose the same type of terms and conditions that applied to the distribution of the low mintage 2010-dated issues.
The terms and conditions which applied to the 2010 ATB Silver Bullion coins resulted in collectors having to deal directly with the authorized purchasers to acquire the coins. As covered in some previous posts (here and here), this was sometimes a relatively straightforward process, but other times more complicated or restricted.
Without terms imposed for the 2011-dated releases, generally, the coins should be easier to acquire. The typical pattern of distribution is for the US Mint to sell directly to their authorized purchasers based on the market price of the metals plus a mark up. The coins are then resold to other bullion dealers, coin dealers, and/or the public.
Following this chain of distribution, the 2011 ATB Silver bullion coins should be available from a variety of sources that typically sell US Mint bullion products. Although the authorized purchasers are no longer required to sell directly to the public, some have indicated that they will make the coins available for direct retail sales.
I have just posted an article on Coin Update that summarizes the information that authorized purchasers have provided regarding direct sales. At this time, Fidelitrade, MTB Inc., and APMEX have all confirmed that they will sell the coins retail.
Check out the full article for details:
2011 America the Beautiful Silver Bullion Coins Distribution
Labels: America the Beautiful Quarters