The United States Mint this week announced new details for the release of the 2011 America the Beautiful Silver 5 Ounce Bullion Coins.
The first of the five coins, the The Gettysburg National Military Park Silver Bullion Coin, will be available in late April, the Mint told its network of authorized purchasers who resell the coins.
In a departure from last year’s issues which created a firestorm of interest due to their limited 33,000 mintage for each of the five designs, the Mint indicated the 2011 bullion coins will have a much larger production total.
Also different, the Mint’s authorized purchasers will be able to offer the coins in the same manner as they resell the American Silver Eagle bullion coin — without special terms and conditions and in bulk quantities to other dealers and precious metals providers. The authorized purchases are required to sell last year’s issues directly to an individual, with a limit of one per household.
"We will issue coins in the 2011 America the Beautiful Silver Five Ounce Bullion Coins Program in quantities substantially higher than we did for the 2010 America the Beautiful Five Ounce Silver Bullion Coins Program" the US Mint memo said in part. "As a result, there will be no terms and conditions imposed on the 2011 America the Beautiful Five Ounce Silver Bullion Coins Program."
There were several coin news articles on the topic, which breakdown the Mint’s memo. Any of the following links provide the basic information:
2011 ATB Silver Bullion Coin Release Details
Darrin Lee Unser | CoinNews.net
The news of this release, while of interest to many, is especially important to the AP’s. They are responsible for distributing all United States Mint bullion products, including the American Eagle, American Buffalo Gold and the new five-ounce silver strikes. The network purchases the bullion coins from the Mint for a slight premium above the cost of the metals contained within them, then …
ATB Silver Bullion Coin Mintage Changes
Staff | SilverCoinsToday.com
Most significantly, this year’s issues will have mintage quantities that are “substantially higher” than the 33,000 per coin mintage limits of the past. The mintage changes were announced in a US Mint memo to its Authorized Purchasers (AP’s). AP’s are responsible for reselling all US Mint bullion coins, since the Mint does not offer them directly to the public like it does with its numismatic products …
2011 ATB Silver Bullion Coins Update
Staff | CoinCollectingNews.org
The designs of the America the Beautiful Silver Bullion Coins are the same as the obverse and reverse of the circulating America the Beautiful Quarters. A total of 56 national parks or other national sites in each state, U.S. Territory and the District of Columbia will be honored between 2010 and 2021 …
Get ready for next 5-ounce silver
Dave Harper | Buzz with Dave Harper
Part of the clamor for the 2010 coins arose from the absolute certainty that there would be just 33,000 sets. That number looked like scarcity to a lot of people and they behaved accordingly. Will that mean these coins will end up being available on the market for a mark-up similar to what prevails for the …
