Following the recent rise in the market price of silver, the United States Mint has suspended sales for numerous silver numismatic products. The products include the five different America the Beautiful Five Ounce Silver Uncirculated Coins and the 2011-W Uncirculated Silver Eagle.
When last available, the five ounce ATB silver coins were priced at $204.95 each, and the one ounce 2011-W Uncirculated Silver Eagles were priced at $45.95.
Sales have continued for other silver numismatic products with prices reflecting higher premiums to the intrinsic value. The 2011 September 11 National Medals with one ounce of silver content remain available priced at $66.95. The recently released 2012 Infantry Soldier Silver Dollars with 0.7736 troy ounces of silver content remain available priced between $44.95 and $51.95 for various packaging options. Finally, various annual coin sets which include 90% silver coins also remain available.
The suspended products are presumably in the process of having their prices adjusted to higher levels. Under typical procedures, the US Mint publishes new pricing within the Federal Register. Until the notification is published, product sales remain suspended.
During the past year, prices for these products types have already been adjusted on two occasions. The America the Beautiful Five Ounce Silver Coins were initially priced at $279.95. The price was reduced to $224.95 on October 7 and reduced again to $204.95 on December 27, 2011. Until the suspension, the US Mint was offering five different designs featuring Gettysburg National Military Park, Glacier National Park, Olympic National Park, Vicksburg National Military Park, and Chickasaw National Recreation Area.
The 2011-W Uncirculated Silver Eagles were originally priced at $60.45 for the start of sales on September 15, 2011. The price was lowered to $50.95 on October 7 and lowered again to $45.95 on December 27. As of the most recent sales report, the US Mint has recorded sales of 268,640 coins.
Source: http://news.coinupdate.com/us-mint-suspends-sales-of-silver-numismatic-products-1232/
When last available, the five ounce ATB silver coins were priced at $204.95 each, and the one ounce 2011-W Uncirculated Silver Eagles were priced at $45.95.
Sales have continued for other silver numismatic products with prices reflecting higher premiums to the intrinsic value. The 2011 September 11 National Medals with one ounce of silver content remain available priced at $66.95. The recently released 2012 Infantry Soldier Silver Dollars with 0.7736 troy ounces of silver content remain available priced between $44.95 and $51.95 for various packaging options. Finally, various annual coin sets which include 90% silver coins also remain available.
The suspended products are presumably in the process of having their prices adjusted to higher levels. Under typical procedures, the US Mint publishes new pricing within the Federal Register. Until the notification is published, product sales remain suspended.
During the past year, prices for these products types have already been adjusted on two occasions. The America the Beautiful Five Ounce Silver Coins were initially priced at $279.95. The price was reduced to $224.95 on October 7 and reduced again to $204.95 on December 27, 2011. Until the suspension, the US Mint was offering five different designs featuring Gettysburg National Military Park, Glacier National Park, Olympic National Park, Vicksburg National Military Park, and Chickasaw National Recreation Area.
The 2011-W Uncirculated Silver Eagles were originally priced at $60.45 for the start of sales on September 15, 2011. The price was lowered to $50.95 on October 7 and lowered again to $45.95 on December 27. As of the most recent sales report, the US Mint has recorded sales of 268,640 coins.
Source: http://news.coinupdate.com/us-mint-suspends-sales-of-silver-numismatic-products-1232/
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