Hot Springs 5 Ounce Silver Uncirculated Coin Scheduled
The United States Mint has quietly added the first of the collector versions of the 2010 America the Beautiful 5 ounce Silver Coins to their product release schedule.
Now listed on the schedule with a release date of April 28, 2011 is "2010 America the Beautiful Five Ounce Silver Uncirculated Coins – Hot Springs National Park".
Collectors have been eagerly awaiting any details on the low mintage numismatic versions of the 5 ounce silver coins since the original announcement in December 2010. At the time, the US Mint indicated that all of the coins would be struck in 2010, but would not be available for sale until the first quarter of 2011. (The first quarter ended last week on Thursday.)
Since only the Hot Springs coin has been scheduled, it seems that the US Mint will be releasing the coins one at a time.
The US Mint has not yet provided any indication of the pricing for the coins, but it likely won't be anywhere close to the near spot prices that were recently charged by some of the authorized purchasers for the bullion versions of the coins.
There has also been no indication of the ordering limits that the US Mint will impose, but I have the feeling it will be just one per household. Ironically, this would be a stricter limit than imposed for the bullion versions available through the authorized purchasers. Since the limit of one per household for the bullion coins was imposed by each of the nine AP's, collectors could have ordered one set from each AP and stayed within the rules.
On Coin Update, I previously summarized the known information about the numismatic offering. Each of the 2010 releases has a mintage of 27,000. The coins will include the "P" mint mark and carry a special uncirculated finish created through a vapor blasting technique. In terms of packaging, the coins are encapsulated in plastic, accompanied by a presentation case and Certificate of Authenticity.
Labels: America the Beautiful Quarters
posted by Mint News Blog @ 11:52 AM
112 Comments:
Since the Mint now routinely charges double face value and then some for many of their offerings, I won't be surprised if these coins sell for $300 each. They know how valuable this first year's issue are and I expect them to take full advantage of it. I guess I'll have to wait and see what the price will be until deciding to buy or not. I'm bummed there's no 5 coin set offered.
It will be interesting to see what will happen to the price of the other ATB coins out there like e-bay people are asking 1,000 or more for a yosemite.
I predict a price in the $290's and a 3 hour sell out....
TMM
I think the $290 number is an excellent estimate. The site is going to be a mess.
@Anon.1:21
Quote: "The site is going to be a mess" I believe that is putting it mildly!
Jon
I was hoping the Mint would sell the 2010 ATB 5 oz. coins as a set, too, but I guess I should have known better than to think they might. They will get a lot more s/h charges this way, forcing us to buy all five individually. This is one item we can't wait until all are available before buying (Hot Springs anyway), since everyone knows good and well they will sell out within hours.
The price won't even matter for Hot Springs. Regardless of what it is, it will still sell out in a few hours. If it does not make the flippers any money due to higher acquisition cost and all 27,000 coins potentially hitting the secondary market at once, they might leave the Yellowstone and onwards coins alone. They might still take a chance on Yellowstone, but if it also does not perform well, they will most certainly bail out by the time Yosemite goes on sale.
Time will tell.
The Mint will price these HIGH. They are not subject to the rules they laid down to the AP's. "Do as we say, not as we do" might as well be their motto on this one!
I would pay $290 for the packaging alone.
They didn't even bother to add to their,Product Information Updates link. Nothing they do surprises anyone. And the new guy (acting) is going to make it better? Don't think so.
It is annoying that the ATB silver coins will be sold individually. To get them graded, I will either have to waste money sending them in a few at a time, or wait several months to get all 5 before grading. Either way = headache.
I beleive a fair price would be around $250 each, at current spot prices - which really isn't fair since they were made when silver was $30 or less!
You know the mint went from no silver in 2009 to minting all this silver this year amazing no proof eagle 2009 but look at all the ounces this year.
pop-not pop-not pop-not,where is our little pop boy?
apmex..wont sell their 5 oz atb...but wait..you can buy a empty monster box from them..55 availible...hahahahahahah
Will each design of the 2010 silver uncirculated coins be sold at the same price, or could each design possibly have a different price based on the spot price of silver at the time it goes on sale?
I was watching an analyst on CNBC saying he easily sees silver at $45.00 by the end of the summer and close to $60.00 by the end of the year.
Personally, I'm glad the Mint is releasing them one coin at a time. It is hard on a limited budget to pony up $1500 at once for a set (assuming $300 per coin). I agree something in the $250-300 range sounds right. As for what silver was when they made them, that is irrelevant. When you buy a silver coin or bar from a dealer he charges you the current silver price not what it was when the silver was minted! At least we finally have a release date. Anyone who thinks e-Bayers won't be flipping these to people who could not get through to the Mint is crazy. And they will do quite well. It will be the lowest silver bullion product ever issued, so they will do quite well over time. I predict each coin will be about $500 the day after the release.
As Michael mentioned "The coins will include the "P" mint mark and carry a special uncirculated finish created through a vapor blasting technique."
With this "laser blasting" technique a don't thing these coins will look as good as the Proof-Like and Deep Mirror Proof-Like bullion coins.
But I do think they will grade consistently higher than the bullion version with most grading 69/70.
I do plan to try to buy one. As we know, the 2011 bullion version mintage is going to be 125,000 per issue. I wonder if the 2011 and beyond numismatic version will also see a higher mintage. If they do, then the 2010 versions will be big winners and the key date of this series.
That "laser blasting" technique will look like the crap, that my silver proof set looks like.
WHY are they releasing 2010 coins one by one? They could have offered singles at the same time. Now we have to spend half a day fighting a slow web site or busy signal on the phone to get an order in 5 times???
Glad I got a bunch of sets from the APs. By the way Jack Hunt sent an email that mine shipped today for delivery Friday. That was the fastest of all of them.
I dont think there will be a sell out in 2-3 hours if the mint keeps a limit one per house hold, if you really see 33,000 sets of bullion were released and I feel whoever got these sets did get more then 1 on an average at least 2-3 sets so there will be about 11,000 to 15,000 of us who will realy want for collection and rest are for people who flip.So there will be enough for everybody.
The HS will definately sell out fast (first day, in a few hours). I think somebody mentioned if flippers can't make a big profit it might slow sales of the remaining releases. I think at a price near 290ish and consistantly high production quality that the flip upside will be limited.
Interesting that the Mint finally sets a release date once silver really takes off. It will be over $40 an ounce by the time the coin releases.
Pop, pop, pop! Silver is plummeting this morning.
Pop, pop, pop.
Zoinks! Silver is down $0.26 at 7:58am! Everybody panic!
The Pop Pop Troll is back.
I hope it would make a correction so I can land another tube of ASE's.
Looks like the Ag pop is undoing itself. Wonder how you would express this in pc hieroglyphs: Perhaps:
O< O< O< trending to ^$^$^$
Can anyone confirm the mint had a die problem with the yosemite ATB 5oz.that is why their is a shortage of MS69 graded coins??????
I'm really surprised that so many people were able to get so many duplicate sets. So the actual number of buyers must have been 10,000 or probably lower.
I bet most of the buyers were readers of this blog because I never would have know about most of the sales if I didn't read the comments here.
Everyone bashes flippers, but if it wasn't for flippers, a lot of people wouldn't have the opportuniy to purchase some items that quickly sell out.
7:41 you make no sense!
Overall flippers are part of being American, but come on get real! I've been a collector for decades and am not looking forward to the crazyness in buying the numismatic versions of the 5 oz ATBs BECAUSE of the flippers (you know they have a "network" to outsmart the one/ household limit).
I want to buy the marked up coins from the Mint, not super-marked up priced coins from flippers.
Flippers doing a favor to us collectors???? Do you really think this???
Ag pushing $39!
If the 2010 5oz ATB series will be sold one at a time during 2011 when will the 2011 5oz ATB coins be sold in 2012?
I think the 2011's will be sold this year. The delay on the 2010's was supposedly because of the production problems. Now that those issues have been ironed out, there should not be a delay this year.
I'll bet the release dates on the 2010's will only be 2-3 weeks apart. We'll soon see.
I thought the Mint's goal was to release these coins on the same schedule as the corresponding quarter. Isn't that true?
Just got an email from Jack Hunt saying the coins have not shipped and that the Fedex tracking number sent yesterday was erroneous. Very strange. Anybody else get this email?
Just checked my Fedex tracking number and something is moving from Hunt's facility in Buffalo towards my house with the listed delivery date matching the date I was given by Hunt.
Can't wait to get them.
IMPORTANT NOTICE FROM JACK HUNT COIN BROKER REGARDING FedEx SHIPPING CONFIRMATION NUMBERS
PLEASE READ THIS ENTIRE EMAIL
You are receiving this notice because you recently ordered a set of America the Beautiful 5 oz Silver Coins (ATBs) from Jack Hunt Coin Broker Inc (JHCB).
FedEx sent an email yesterday to each of our ATB customers with a shipping tracking number that stated that orders will ship Monday, April 4th.
THIS IS INCORRECT!!!
While some orders will ship this week most will not and will go out within the next four weeks. Retain the tracking number you received from FedEx, this will be your tracking number. You will be able to periodically check to see when your order does ship. You will not receive an email from either FedEx or JHCB when your package is in transit.
Note The Following:
1. The email from FedEx is in no way a verification that your payment was received. IF PAYMENT WAS NOT RECEIVED YOUR ORDER WILL NOT SHIP.
2. The FedEx labels we have will be used once we verify order payment is received and order is prepared for shipment.
3. If you canceled your order after receiving email from FedEx the order will not ship.
4. Retain the confirmation number you received from FedEx. You will be able to use it to track your package when your order does ship.
5. As stated in our ATB sales terms and conditions, orders can take up to six weeks from date of purchase for delivery
6. JHCB will not respond to email inquires regarding order shipping status.
7. JHCB is unable to verify receipt of payments. If there is a problem with your payment you will hear from us by early next week.
We apologize for the confusion and appreciate your understanding.
Thank you,
JACK HUNT COIN BROKER INC.
America the Beautiful - P.O. Box 4189 - Kenmore NY 14217
Gold at highest level ever today.
What goes up must come _ _ _ _.
I did not receive the message from JH, but according to Fedex tracking my order did not ship yesterday.
I got the JH message too.
Pretty lame, but I'm not too concerned.
One thing for sure.... whatever I get won't have been cherry-picked to death over a 3 month period by some of the sleaziest metals dealers on the planet...
Mine must of shipped,a package is moving in my direction on a fedex truck. Never mind, fedex just called saying it will be delivered tomarrow.
Since the Mint now routinely charges double face value and then some for many of their offerings, I won't be surprised if these coins sell for $300 each.
Wouldn't that make them 50 cents each then?
Sounds like Jack Hunt printed shipping labels but doesn't plan to use them for a couple weeks. At least if they made my label I can be sure they got my money order.
Dude...all you have to do is enter the Fedex tracking number into the tracking box on Fedex's website to see if something has or has not shipped. Either something is moving my way on a Fedex truck (as stated by Fedex's website) or it's an elaborate hoax.
Someone at Jack Hunt watches this blog as evidenced by them commenting in the previous blog about it being (or not being) available while they were selling it. They probably sent out that email message in an attempt to elevate the worries of those that didn't have their coins shipped yet.
As for the comments about cherry picking by the sellers, could someone please explain how the sellers can cherry pick thousands of sets and still meet the US Mint's requirements to have factual records of selling each of their sets at one per household? It would be kind of obvious to the Mint unless there were thousands of coins going to thousands of fictitious addresses with thousands of fictitious names and phone numbers and money order numbers (that can be audited). Maybe the democrats can do that at election time, but small companies like Hunt probably don't have the wherewithal.
...They probably sent out that email message in an attempt to elevate the worries of those that didn't have their coins shipped yet...
I think you mean alleviate, not elevate! LOL!
"could someone please explain how the sellers can cherry pick thousands of sets and still meet the US Mint's requirements to have factual records of selling each of their sets at one per household?"
hmmm... genius, then why don't you explain how CSN got over 1,000 ATB sets graded to sell in early January, when only 1 AP had offered coins to the public at all?
"Maybe the democrats can do that at election time, but small companies like Hunt probably don't have the wherewithal."
... see above response..
Also, are you actually insane enough to trust a multi million dollar corporation over a senator? Maybe one day you will wake up and join the rest of us here on planet earth.
Wow, we may move to the next level of pricing for first spouse coins next week.
This could kill the series or make some super low mintages that will rock later (maybe).
"hmmm... genius, then why don't you explain how CSN got over 1,000 ATB sets graded to sell in early January, when only 1 AP had offered coins to the public at all?"
Either way...in order to meet the Mint's requirements to sell these things, they have to have a record of who they sold for and how much. Maybe CSN screwed you and others by marking up the price of many sets that were cherry picked and graded, but they still have to have records of who they sold them to and for how much. If they exceed the Mint's guidelines, then perhaps they won't be able to participate in these sets in the future (at least according to the Mint).
"Also, are you actually insane enough to trust a multi million dollar corporation over a senator? Maybe one day you will wake up and join the rest of us here on planet earth."
Hmmm...let's see...a multi-million dollar corp or a US senator....hmmm. That's a tough one. Barney Fraud Frank or Jack Hunt...hmmm. One precipitated the housing market bust and potentially cherry-picked a few silver coins. Senator Barak Insane Obama or Jack Hunt....hmmm. One claimed as a standing senator that all war is bad and then started one war in Lybia (once elected) and continued to support two in Iraq and Afganistan. On the other hand, Jack Hunt and CSN might have cherry-picked a few silver coins. Hmmm...you are making this really tough, Sir.
LOL!
I'm hoping the gold price will pull back after today. As you know, this usually happens right after a sharp increase. Since the fixes thus far this week have been on the lower side of the $1,400.01-$1,450 range, the price very likely won't be raised this week. The am fix tomorrow would have to come in at $1,591.50 or higher to trigger a price increase. I think the chances of the price coming in THAT high are nil. Next week, however, if we spend too much time in the $1,450.01 to $1,500 tier prices...
I so wish the Mint would hurry up and release the Eliza Johnson coins! They were supposed to go on sale almost 5 weeks ago! By the time they finally do release them, we'll very likely be in the next higher pricing tier. That is simply not fair. I then have two choices: Delay my purchase and hope for a price pullback to the tier in use at the time the coins were SUPPOSED to go on sale (then running the risk of receiving someone else's returns), or pony up an extra $75 for the one proof and two uncs that I buy of each issue. I shouldn't have to do that. What is up with this unexplained delay?
I just received my coins from Jack Hunt.Sent postal money-order,only took a week.
Michael,
Any venues to find out the scoop about the first spouse series?
A lot of frustration among collectors now.
My gut says we may be two levels higher befor Eliza is released.
I'm sure the mint is shocked over the tiny sales for Mary Lincoln.
Looking at micro-sales for the no-name/ blah design other FS's.
Royal Canadian Mint has lots of micro-mintage coins with micro-demand and thus PM coins worth about melt. Same may hold for FS series.
"I so wish the Mint would hurry up and release the Eliza Johnson coins! They were supposed to go on sale almost 5 weeks ago! By the time they finally do release them, we'll very likely be in the next higher pricing tier. That is simply not fair. I then have two choices: Delay my purchase and hope for a price pullback to the tier in use at the time the coins were SUPPOSED to go on sale (then running the risk of receiving someone else's returns), or pony up an extra $75 for the one proof and two uncs that I buy of each issue. I shouldn't have to do that. What is up with this unexplained delay?"
You are preaching to the choir! What the heck is the holdup of a very simple (yet ugly) coin to manufacture? Unfortunately, I still have to get one to keep my collection alive, and I'd rather get it cheaper than more expensive. The Mint can't do anything right (like most other government entities).
1:24 king george w paid for his war with iraqi oil profits. Get real their all crooks, thats why we buy PMs.
Cool it with polital comments or Michael will cut us off again (as deserved). This is a great blog, don't abuse it and ruin it for everyone else.
The first spouse debacle is trying to catch up with the ATB 5 oz debacle. I want to know what is going on with the delay!
I long for the day of the UHR. Awesome coin. Plenty to go around. Continuing to go up in value.
The sound coming from the US Mint's Sales and Marketing Department later in April .... Cha-CHING!!!!
The sound of flippers on ebay late in April .... YEA BABY!!!!!
There is a widespread feeling that some of the APs cherrypicked and offered them to their best customers. These are the APs who sold a very limited number of coins to the general public and haven't been heard from since. I believe these APs have not broken any of the Mint's rules, but kinda went against the spirit of the Mint's wishes.
The APs who are believed to have not cherrypicked and have sold ALL of their coins to the general public are AMark, MTB and Fidelitrade. The jury is still out on those APs who were late to the game and started their sales in March.
It's kind of fun for me personally going back and reading all the posts (on this blog site) of those saying the UHR was over produced and would never be worth much. I'm glad I anted up for one.
An interesting lesson is looking at the prices of the 2008-W Gold Buffalos vs. the UHR. The Buffs went up fast and then came back down somewhat. The UHRs didn't do a lot and then took off (especially the MS69s). I expect the UHRs to level off at $3K on average, which is still pretty sweet. I like the Buffs, but the UHR is especially nice and unique.
To Anonoymous April 5, 2011 12:11 PM:
You're right! They should sell for $.50.
What I was thinking by "face" was the 5 oz. x $35 spot price as being the face value.
The Buffalo Indian head guy has always creeped me out. Let me look at Lady Liberty!
"The Buffalo Indian head guy has always creeped me out. Let me look at Lady Liberty!"
When I first started collecting, I really like the proof coins...nice and shiny. However, the MS versions of the Buffalo changed my mind. I still like proofs, but the bullion versions of the gold buff are the way a coin is supposed to look. The proof versions almost look like they were laser etched on or something...kinda fake/unnatural.
That said, I like the liberties too. ;-)
"I just received my coins from Jack Hunt.Sent postal money-order,only took a week.
April 5, 2011 1:50 PM"
Anon - What condition did they arrive in? Also, did they come in airtites or just wrapped in some plastic?
Thanks!
All I've received from Jack Hunt was an e-mail telling me Fed-X "might" have sent me a tracking number, but don't ask any questions!!!
I think the Mint is seriously considering discontinuing the First Spouse series. They are desperately hoping a reason appears, or can be invented to make it beleivable. It's an unpopular, unprofitable creation of the Moy era.
"I think the Mint is seriously considering discontinuing the First Spouse series. They are desperately hoping a reason appears, or can be invented to make it beleivable. It's an unpopular, unprofitable creation of the Moy era."
And producing it is a federal law...
Maybe the mint is considering switching the First Spouse series to one-quarter ounce to get it back to the price range that it was in when it was first produced.
I'd sure like to see it in a more affordable size!
1/4 ounce? How about 1/10 ounce, or even better 1/25 ounce! Have you seen the Royal Canadian Mint ones?
From Federal Public Law 109-145:
"SEC. 103. FIRST SPOUSE BULLION COIN PROGRAM.
Section 5112 of title 31, United States Code, as amended by section 102, is amended by adding at the end the following:
``(o) First Spouse Bullion Coin Program.--
``(1) In general.--During the same period described in subsection (n), the Secretary shall issue bullion coins under this subsection that are emblematic of the spouse of each such President.
``(2) Specifications.--The coins issued under this
subsection shall--
(A) have the same diameter as the $1 coins described in subsection (n);
(B) weigh 0.5 ounce; and
(C) contain 99.99 percent pure gold."
Don't hold your breath for any changes (unless the US Congress changes the law)...
Notice of Proposed Rulemaking:
SEC. 103. FIRST SPOUSE BULLION COIN PROGRAM.
Title 31, Section 5112 USC, Section 102:
Amend subparagraph(2)(B) to read:
"weigh 0.25 ounce;"
Sorry guys, I guess you’ll be glad to know that I will not be in the mix to claim one of the 27,000 "2010America the Beautiful Five Ounce Silver Uncirculated Hot Springs National Park Coins. " My philosophy is why start something you can’t finish. You got to figure that a person only got a 1 in 27,000chance of even get one of the coins, and then you’ll have to perform the craps shoot four more times after that. For the most part those tying up the phone lines to purchase the coins are not doing so to keep it as a collectable, but their aim will be to resell it at an enormous premium to the poor sucker trying to collect the entire set. In all fairness to the spirit of competition the Mint should sell them as they are meant to be sold, that is, as a set. But as it stands well enough is never good enough. So it goes greed with money; greed will exploit the need.
My-oh-My! Look how far things have traversed from the days when completing a coin album simply amounted to begging my mom for her loose change at the grocery store.
Been silent for a while just reading the various comments by collectors, investors, flippers and other interested voices about these 5 oz. offerings. In my view all posters seem to have valid points.
We old timers have traditionally bought products from the Mint in an effort to assemble a coin set or complete grouping of whatever was the offering. These new 5 oz. obviously won't be available in sufficient quantity to allow the general populace to have an easy time and hope to complete an entire set. I think the Mint is attempting to present these items as scarce and therefore valuable. As such, the pricing is set up high enough to exclude many from being able to purchase a full set due to economic conditions.
As always, I ask myself before spending: is my money being treated best when considering these items? Don't think so. But good luck snagging some if you can swing the pricing and certain difficulty ordering them one by one. ~ Grandpa
I'm pretty sure that when the ATB program was set up silver was about 10.00-$12.00 an ounce. I don't think too many saw this coming so fast. I'd like a whole set but may just collect the parks important to me, or just the "ACTUAL" National Parks.
I just gave up on collecting both the unc and proof spouses because the cost has gotten to be too much. At least I have the first 17 uncs to help me afford the rest of the proof versions, and these big chunks of silver....for awhile...
If I had to abandon a First Spouse collection, I think I would choose to stop the proofs versus the uncirculateds. It's a tough choice, since the proofs DO look nicer. However, the uncs are the ones that are more valuable due to lower mintages.
You're right, though. The cost is getting to be quite painful. When the series started, you probably remember that gold spot was around $650/oz., and the Spouses cost $429.95 for a proof and $410.95 for an uncirculated.
Boy, those were the days!
Yes, those were the days, but back in those days people were saying $650 was too high for gold, it was a bubble, gold prices would soon pop, pop, pop, back down to $300.
The way our government is printing money we will soon be saying these were the good old days when gold was under $3,000 and silver under $100!
I don't mind as much paying higher gold prices, but the mark-ups by the Mint are killer. A gold spouse that should cost about $750/coin will end up costing well into the $900 range. That's a rate of $1800-$1900 per ounce! Good Grief!!!
Yeah, the mark-ups are killer. However, as the price of gold gets higher, the percentage mark-up gets LOWER. Unless the Mint revises their pricing table (and they could do that anytime), the pain of being "gouged" gets less severe the higher spot gets.
About the Jack Hunt coins,arrived perfect shipping.There was 2 boxes and a lot of bubble rap.No air-tites.
Thanks for the update on the Hunt Coins. I do appreciate it!!!
Oh-Yeah! JH did ship my on 4/5 and is not in transit. I should get it by 4/8. That is nice. Too bad it is not in air-tites.
After looking at the current coin hobby market, I too have decided to become a speculator.
I'm buying up all the clad PR69/70 and MS69/70 that I can at current prices. When silver goes above $50 oz, a majority of the collectors will no longer be able to afford pre-1965 silver coins as the melt value will far exceed the limited and nominal budgets of a majority of the 'hobby' collectors. Heck, even common pre-65 Roosevelt dimes will soon cost over $10 a piece!
This will force a majority of hobby collectors to shun expensive silver coins and hopes of completing an album or set, and they will turn in mass to the higher quality post-1964 clad coins.
Due to this fresh demand, the cost of clad will rise and I'll be sitting on a huge profit!
Now offering 2% over bid for clad mint and proof sets ASAP! ;-)
If the fed shuts down, will the mint shut down too?
Presumably all the employees will not get their paychecks on time. They of course may start striking anyway and have PCGS hyper grade them. Win-Win...
Received my coins from JHCB today in good order. Packed very well and shipped fast. Didn't come with airtites, so you should order those ahead of time if you want them. FYI.
Please someone,
What are airtights and where do you buy them?
Can't they damage the coins while you are try putting them in?
Airtites are plastic capsules designed to hold the coins securely. They won't hurt them when you put them in.
With silver being near $40/oz right now (making the silver value of this coin about $200), plus about 3 more weeks of further spot price increase possibility, I highly doubt the Mint be selling them for $289.95. I bet it'll be at least $319.95.
The only way I see these being priced much less than that is if the Mint fears public backlash over the high pricing after the rules that were laid down to the AP's for the bullion version.
"Do as we say, not as we do."
Air Tites seem to take up 3 times the space as clear plastic flips. I'm leaning on the latter since a whole set might fit into a single box. How do others plan to store them?
And where is the best place to order the Air Tites if I go that way.
What are the advantages and disadvantages of putting the ATB 5 oz. coins in airtite holders?
Advangtage. The protect against tarnish. Disadvantage, they cost a few bucks and the pucks still slide around a tad.
Go to http://www.air-tites.com/ to find the ATB holders. I like them because it enables you to handle and look at them as if nothing was protecting it but it is. Just got a set of 5 oz. ATB's FedExed from Jack Hunt while typing this note. Yee-Haaa.
After getting these for $860 from one AP and $930 from another, I wondered if I was making a mistake getting one from MTB on Ebay for $1025, but the way silver is going up, by the time they get here that'll be under melt!
Here is a link to the cheapest price I could find for quality ATB 5oz airtites. It's on eBay, and includes 5 capsules of good quality (so the coin isn't damaged over time).
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=270718371607&ssPageName=STRK:MEWNX:IT
...I wondered if I was making a mistake getting one from MTB on Ebay for $1025...
That comes out to $41.00 flat in spot price. Given that silver is at $39.40'ish you can't beat that with a bat. Especially given the excitement and low mintage surrounding these. You'll pay more for generic bars at most places. So no you didn't make a mistake.
I know a lot of us are cynics, but I'd suggest contacting your rep in congress esp. if they serve on Ron Paul's committee, and ask thme to support changing the first spouse coins to 1/4 ouncers. I suspect the Mint is trying to find a way to end this series, and this may be the only way to save it. The Mint must have figured out by now that with so few people buying them, and all the early sell-outs, etc., all they are doing is creating instant rarities. The Mint should strive to better serve the coin community as a whole. Keep catering to the dealers and the wealthy, and they will go out of business.
I'd prefer 2 inch ATBs before 1/4 ounce spouses.
Does anybody know what's going on with Coins N Things websites? Nothing seems to be up and running.
Yeah, the site look like it is shutdown. Maybe they sold all of their 5oz ATB.
Buchanan's Liberty Unc is now showing "backorder" status. It looks like it's days are numbered.
It would not be a good idea to change the specs on the spouses now. The series is already well underway, and they should all match. Who would want to keep buying these if they shrunk drastically and looked weird together? Besides, the smaller the coin, the BIGGER the Mint markup.
No, they need to finish what they started and make them all the same until the end.
I plan to buy my 1 proof and 2 unc as long as I can afford to. I AM upset at the thought that due to the delay, I may have to pay at least $75 more than I should have for my Eliza Johnsons. Today's price fixes are solidly in the next pricing tier. This week we DO have the advantage that a pullback below $1,450 next Wed PM will override the average. That may be the only chance we have of avoiding an increase.
Got my JHBC 5 coin set yesterday....very well packaged.. I happy now :)
Get your Mary Lincoln's while you can.
She's a sleeper for sure!
"Gold prices" in top 10 google searches today, you know what that means.
Wouldn't it be interesting if they did halt the Spouse program and Mary Todd Lincoln ended up the low mintage coin of the entire series. That would be an unexpected turn of events!
I agree with the previous poster...how much longer will it take the Mint to sell the gold Johnson coin? They are the epitome of incompetence!
Anyone have any info on the rumor that the Denver mint is going to product proof strikes next year? Not sure if it is for commemoritives or annual sets? Just a rumor that I am trying to get confirmation on. I did hear that the rumor about the mint stopping the Satin Finish about 18 months prior to that actually happening (any many people dismissing that rumor), and it turned out to be true.
Actually, the numismatic versions will be sandblasted using water and ceramic particles. NOT laser blasted. Either way, no PLs or DMPLS I think.
This is a hobby to me, it should be fun!
I'm going to try to order one just for fun!
Thats the fun of it, just trying to get one!
Weird looking thing anyway!!!
I've been ordering different things since 1969! I just kind of enjoy it!
(Kitco News) - The U.S. Mint plans to release the first two coins in its 2011 five-ounce silver bullion coins in two weeks and with “substantially higher” quantities than in did for the 2010 series, the Mint said Thursday.
Starting April 25, the Mint will accept orders for the first two of the 2011 “America the Beautiful” five-ounce silver bullion coins on an equal, allocated basis to its authorized purchasers, which is how the Mint distributes its bullion coins.
In a memo to this authorized purchasers, the Mint said it will issue these coins “in quantities substantially higher than we did for the 2010 America the Beautiful Five Ounce Silver Bullion Coins Program. As a result, there will beno terms and conditions imposed on the 2011 America the Beautiful Five Ounce Silver Bullion Coins Program,” the memo said, emphasizing the words “no terms and conditions imposed.”
Specifically the Mint is allocating 126,500 coins initially for each of the first two coins, and the goal is to have a minimum of at least 126,500 coins for each of remaining three coins in the 2011 designs. It “may increase the mintage limit beyond the initial release quantities based on market demand and blank availability,” the Mint said.
To participate in the program, authorized purchasers must certify they sold all of their 2010 “America the Beautiful” five-ounce silver bullion coins.
The first two coins are Gettysburg National Military Park and Glacier National Park.
Late last year the Mint had to delay the release of the 2010 designs because of concerns of price gouging. Also, only 33,000 of each of the five, five-ounce silver bullion coins were released.
THIS VAPOR FINISH HAS ALREADY BEEN DONE ON SOME OF THE 2006W UNC SILVER EAGLES
Just wait and see, I bet the finish on the collector 5 oz ATB will be nothing like the bullion. With the finish they are using, again I bet the bullion will look better. Just look at your proof silver sets. The new process STINKS !!!!
Just got my set from Jack Hunt; 4/5 perfect; one with a tiny scratch; just ordered air-tites to keep them in.
I think the UNC's will be nicer than the bullion. I'm not all that impressed with my bullion proof coins.
Jack Hunt just opened sales back up.
"I think the UNC's will be nicer than the bullion. I'm not all that impressed with my bullion proof coins."
THAT IS BECAUSE THEY ARE NOT PROOFS, THEY ARE BULLION, NOTHING MORE !!!!!!!!!!!
The Mint now has it posted on it's website, price has not changed from what was reported earlier, $279.95.
The ordering limit comments are interesting:
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.
https://catalog.usmint.gov/webapp/wcs/stores/servlet/ProductDisplay?catalogId=10001&storeId=10001&productId=16306&langId=-1&parent_category_rn=10001
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