Some coin collectors focus their attention and acquisitions on silver coinage. For them, the US Mint's recently published silver product schedule offers many new silver coins to track for potential purchase as compared to past years.
The list includes the annual 14-coin Silver Proof Set, which launched on January 25 and features proof versions of all 2011 circulating coins. Additionally, the America the Beautiful Quarters®, Roosevelt dime and Kennedy half-dollar are composed of 90% silver.
Next, on January 31, is the release of the US Army Silver Dollar. It is the first commemorative coin in 2011. The Medal of Honor Silver Dollar, the second commemorative coin for the year, follows almost a month later with a release date of February 25.
The 2010 Silver Quarters Proof Set launches on March 29. It includes this year's quarter-dollars honoring Gettysburg National Military Park in Pennsylvania, Glacier National Park in Montana, Olympic National Park in Washington, Vicksburg National Military Park in Mississippi and Chickasaw National Recreation Area in Oklahoma. The quarters are also the exact same coins that are available in the already discussed 14-coin Silver Proof Set.
The staple, and what will be the most popular silver product this year is the American Eagle Silver Proof coin. The annual issue was first introduced by the US Mint in 1986. The 2010 release sold out just a few weeks ago with 860,000 purchased.
The following is a summarization of the release dates for the above mentioned products:
2011 US Army Commemorative Coin2011 Medal of Honor Commemorative Coin2011 America the Beautiful Silver Quarters Proof Set2011 American Eagle Silver Proof CoinsThanks to the law which authorized the America the Beautiful Quarters® series that debuted last year, the US Mint will also issue five-ounce silver coins featuring the same designs as the quarters.
It is these issues which substantially supplement the Mint's schedule of silver coins. They include the 2010 America the Beautiful Silver Coins and 2011 America the Beautiful Silver Coins, representing a total of 10 coins each minted in .999 fine silver to a diameter of three inches.
Unfortunately, while collectors know they will be issued this year -- the US Mint said the 2010's would come out in the first quarter, they are also the bulk of the coins on the schedule without release dates. (The Mint will also issue the 2011-dated five-ounce bullion versions which are intended for investors. The 2010 bullion issues have already been sold by the Mint.)
Instead of exact release dates, the US Mint has provided a "TBD," or To Be Determined times for these silver products:
Hot Springs National Park Uncirculated CoinYellowstone National Park Uncirculated CoinGrand Canyon National Park Uncirculated CoinYosemite National Park Uncirculated CoinMount Hood National Forest Uncirculated CoinGettysburg National Military Park Uncirculated CoinGlacier National Park Uncirculated CoinOlympic National Park Uncirculated CoinVicksburg National Military Park Uncirculated CoinChickasaw National Recreation Area Uncirculated Coin2011 American Eagle Silver Uncirculated CoinStanding out in the above list is the uncirculated American Silver Eagle. This coin has not been released by the United States Mint since 2008.
The question is whether bullion and collector Palladium Eagles will make their appearance. The law authorizing the new series passed and was signed into law (Public Law 111-303) by President Obama on December 14. However, before their production can begin the US Mint must first submit a marketing study to congress indicating there is enough demand for the .9995 palladium coins so tax payers will not suffer any costs in their production and distribution. As soon as the study is submitted, the US Mint has up to one year before they must be produced and issue them. As such, it seems more likely that 2012 could be the starting point for the new American Palladium Eagles.
Check out the Coin Collecting News US Mint Schedule page for a more complete listing of coins for release this year, including those that are not composed of silver.
Related posts:
US Mint 2011 Schedule of Coin Product Release DatesNew US Mint 2010 Schedule Missing Eagles Release Dates
No comments:
Post a Comment