The United States Mint announced today that it will offer for sale 2009 one-ounce American Buffalo Proof Gold Coins and one-ounce American Eagle Platinum Proof Coins. The release dates for these products are tentatively October 29 and December 3, 2009, respectively.
In addition, the agency will release the one-ounce 2009 American Buffalo Gold Bullion Coin on October 15 and the fractional 2009 American Eagle Gold Bullion Coins-in the one-half ounce, one-quarter ounce, and one-tenth ounce weights-on December 3.
The United States Mint will not offer the following products in 2009:
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the one-ounce American Eagle Silver Proof Coin;
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the one-ounce American Eagle Silver Uncirculated Coin;
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the American Eagle Gold Proof Coins (all weights, as well as the four-coin set);
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the one-ounce American Eagle Gold Uncirculated Coin;
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the United States Mint Annual Uncirculated Dollar Coin Set™, which also includes a one-ounce American Eagle Silver Uncirculated Coin; and
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the American Eagle Platinum Bullion Coins (all weights)
Because of unprecedented demand for American Eagle Gold and Silver Bullion Coins, the United States Mint suspended production of 2009 proof and uncirculated versions of these coins.
All available 22-karat gold and silver bullion blanks are being allocated to the American Eagle Gold and American Eagle Silver Bullion Coin Programs, as mandated by Public Law 99-185 and Public Law 99-61, respectively.
Both laws direct the agency to produce these coins in quantities sufficient to meet public demand. The proof and uncirculated versions of the American Eagle Gold and Silver Proof Coins are not mandated by law.
The United States Mint is working diligently with current and potential blank suppliers to increase the supply of bullion coin blanks, so it can offer to the public the proof and uncirculated versions of American Eagle silver, gold, and platinum coins in 2010.
About the United States Mint
The United States Mint, created by Congress in 1792, is the Nation’s sole manufacturer of legal tender coinage. Its primary mission is to produce an adequate volume of circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.
Diligenty working with suppliers for 2010, yeh if y0u believe that I’ll sell you some of the 2009 silver proof eagles I bought from the mint this year that they worked so hard to produce for collectors to keep the 24th year of production alive!
Oh great the Mint might have 2010 silver proof eagles next year. I guess I should buy two so I can use one to plug the hole for the 2009 that they worked so “diligently” to produce but weren’t able to.
What a sad commentary for the US Mint to cancel the American Eagle silver Proof after 23 years of production. If they had limited it to one to a customer they might have only needed a production of 200,000 or so. They’re rolling out 22 million of the bullion coin, but screw the true collector. Folks the silver is available at a higher price than spot and our legislation doesn’t even require that the silver be produced in this country like it does for the bullion coin. What a truly sad day for coin collectors and what a cowardly act… Read more »
[…] The end to rationing also improves the chances for the numismatic 2010 Proof Silver Eagle. To sell as many of the bullion coins as possible, which the Mint must do by law, the collector proof and uncirculated versions were canceled entirely in 2009. […]
[…] Proof Silver Eagles were not available "because of high demand for the United States Mint’s American Eagle Silver Bullion Coin. […]