The United States Mint is selling the highly anticipated 2016-W Standing Liberty Centennial 1/4 Ounce Gold Coin beginning at noon ET today, Sept. 8. The commemorative appears 100 years after the original Standing Liberty quarter debuted, and it is the second of three gold coins for this year to celebrate the 1916 renaissance in American coinage.
Unlike its century-old predecessor that was struck in 90% silver and 10% copper, this newest collectible is composed in .9999 fine 24-karat gold. Its one-quarter ounce weight is symbolic of the coin’s denomination, as is its business strike.
Here’s a table comparing specifications between the original quarter and the new centennial quarter:
| 1916 Standing Liberty Quarter | 2016 Gold Standing Liberty Quarter | |
|---|---|---|
| Composition | 90% silver; 10% copper | 99.99% Gold |
| Weight | 0.18084 troy oz. (6.25 grams) | 0.2500 troy oz. (7.776 grams) |
| Diameter | 0.956 inch (24.3 mm) | 0.866 inch (22.00 mm) |
| Thickness | 0.069 inch (1.75 mm) | 0.064 inch (1.63 mm) |
| Edge | Reeded | Reeded |
| Production Facilities | Philadelphia, Denver and San Francisco | West Point |
Second Release in 2016 Centennial Gold Coins
In April, the U.S. Mint released the first of the three centennial pieces, the gold Mercury dime. Priced at $205; limited to a mintage of 125,000 coins; and restricted to sales of 10 coins per household, it effectively sold out after 40 minutes.
The gold Standing Liberty quarter has a lower mintage of 100,000 but it has a smaller household ordering limit of one coin and it is priced higher at $485.
A 2016-W Walking Liberty Half-Dollar Gold Coin will debut later in the year, completing the centennial product series.
Ordering
Those interested in the gold Standing Liberty quarter can order one on release straight from the U.S. Mint’s website. The coin’s product page is right here. Place phone orders at 1-800-USA-MINT (872-6468).
Update (Sept. 9 at 10:19 a.m.): First-day sales of the Standing Liberty 2016 Centennial Gold Coin reached 47,884, the United States Mint announced.
Update (Sept. 13 at 5:02 p.m.): The U.S. Mint reported sales of 53,378 coins through Sunday, Sept. 11.
The gold Winged Liberty Head dime (wrongly called the Mercury dime by the US Mint on the packaging & COA!) did not sell out on issue day, as the Mint still has nearly 9,000 of those gold coins unsold. I got the three coins I needed on first day of issue & hope my darn computer doesn’t act up today so I can get one of these beautiful gold quarters. The dealers are really having to pay a big premium for people to order the 1 coin per household limit for them! I love this leveled playing field. Good luck… Read more »
Seth,
Good luck to you today my friend.
I don’t understand why some people are STILL saying the gold dime sold out. It is obvious there are some left. THE NUMBERS DO NOT ADD UP!
I CAN’T BELIEVE ALL THE EMAILS THIS MORNING! The coin dealers are dong everything they can to try to get as many of these coins as they can get. It is getting beyond crazy. With the American Liberty Silver Medal it got to the point where people were getting upset on a lot of forums to the point where some were getting down right nasty with each other. With this coin being gold and worth more it might get out of hand again. I hope not but who knows what can happen over gold. It’s like another GOLD RUSH!! It… Read more »
I disagree. in the near term, I think $50, maybe more, is best case scenario. This coin will not sell out by 1 pm EST, maybe not 5 EST, maybe not this week.
I noticed the misprint on the reverse gold quarter E PLURIBUS UNUM
the V should be a U, any comments?
website is unreachable – here we go again!
the one per house limit may drive more people to the website, causing the website to be DOA
Took me five tries but I got my order in and already received my confirmation email. Good luck to the rest of you!
Got my confirmation # and email at 12:07pm ET. The site gave me a few fits, saying an error occurred but after a few tries it worked. Good luck everyone!
Kyle
In at 12:10. Also, had errors during payment process but finally got through. 1 per household limit should make this attainable but this should sell out fairly quick. Good luck everyone.
Took me 13 minutes after the website acting up as usual. Very frustrating.
The mint need to fix their damn website! it took me 13 mins to checkout. it keep telling me error.
Through my email I was notified of order placement. Site still unreachable.
just got an email saying they currently processing my order
Entered at 12 Noon out 12:01 PM a little snag but grateful. Happy to continue collection to date. Not concerned about riff-raff and debate about sell out or Dealers panic. I Just enjoy the Hobby period and Hope ALL those who enjoy the Hobby get their orders too.
Sherman: Old coinage commonly used a V in place of the U. Not a misprint. Good Luck today!
Sherman – I’m not sure if that is a joke, but they used to use V for U on coinage.
Frustrating !
I was Constantly being sent to “page not available” throughout check out process pages.
Had to type my address more times than I can remember, then type in my credit card info in more times than I can remember……………
Persistence pays off I hope as I have an order # at 12:21, and now email confirmation one minute later at 12:22. I assumed a total sell out in 20 minutes, so maybe I made the cut ?
Now I am here at coinnews.net to say keep trying……………. well that is f you want to pay $490 delivered.
Lindy
It took me about 50 tries, but I finally got my order placed at 12:19 pm. I had it in my cart, but kept getting disconnected during the very last stage of the payment phase (the shipping address). Very frustrating! I was really sweating it, thinking I wasn’t going to get one. Can’t the mint do something to get their website to be able to handle a large volume of orders coming in at the same time? Good luck to everyone, I hope you all get one. Beautiful coin! I think the mint did the right thing limiting it to… Read more »
Had the same issues with the website “errors”, but ultimately it went thru. Just keep refreshing the pages
I have tried… I stopped counting to get this coin. What a task! FINALLY got it! There has to be a very, very large number of people trying to get this coin right now.
Stick with it until you get it. Wow, unbelievable!
Took me 30 minutes to finally get one online, the page kept disconnecting when I placed the purchase button. It finally went thru after constantly redoing the order form online and was confirmed.
Forget about calling, it’s a constant busy signal when you press 1 to order.
12:42 est
Not sold out yet and the mint website works as normal
Does anyone want to predict when they become unavailable? I am giving this till 2:45.
Many of you have already expressed what I was going to say here…was on the Mint’s website when the clock struck twelve…multiple crashes – at least five or six…finally completed order at 12:27 EST.
Twenty minutes later and still no confirmatioon email, although the website did provide confirmation the order was placed and gave me an order number.
My question is: did those with accounts have less trouble than we who logged in as guests?
-Mammoth
Seth
I hope you are lucky today, sounds like all of us had the same problem with the web site, was logged on at 15 min til at at 11 ; 59 system knocked me off l, had to us previous history site to get back in ,then reenter credit card 4 times, retook on the 5 th got email order took, ,Glad too hear so many lucky people got thru, unlike the medal, pulling for you Seth
truethat
I should have been done with my order in less than a minute, but it took 17 minutes having the same problems as everyone else. Good luck to everyone!!
Mammoth, I have an account and as you see in my post above, it makes no difference.
Rooster – i say next week after the mint opens it up more than one.
Mammoth,
It is definitely a lot easier to get your order in with the US mint if you are registered. I already had my shipping address, billing address, and credit card information pre entered on my account. I simply added the item to my shopping cart, entered the security code for the credit card I was using, checked a box to confirm the order and I finished the order by 12:02.
Michael: Haha…. I know what you are saying. I would hope this to be the case but that web page had some high traffic going.
Update:
From the ‘You’ve Got to Have a Sense of Humor Dept,’ a quick check on ebay shows the Gold Standing Liberty coins for sale ranging from $510 to $1,000 in price.
———————————
And from the ‘Not-So-Funny Dept.,’ more than 30 minutes have passed – and still no confirmation email from the Mint.
Although it took me 19 minutes and about 50 disconnects I finally placed my order. I received my confirmation email 3 minutes later.
I got one at about 12:40 ET and just saw that they are still available – I guess the limit of 1 is really slowing down the pace at which the mint server can process orders. It’s a good day for collectors.
At 1:08 PM SLQ 1/4 oz gold still available.
I bet its easy to get thru order process now.
I wish I could have bought two, but I refuse to pay up to 100% dealer mark up fee for a 2nd one.
Lindy, just set up another mint account with a different shipping address – your work or a friends house. Works like a charm.
After many attempts i reached the checkout box and the website crashed so l tried on my apple I pad and was able to order one. Printed my confirmation. About that time the website returned on my computer at the checkout box. I checked out and printed another confirmation. Both with different order numbers. I wonder if I’ll be receiving two coins shipped to the same address or will the Mint catch that and send me one? Never had this happen before. Has anyone else had such an expierence?
Email confirmation was in at 12:11 and my order history on the mints website shows as processing.
Good job US Mint for limiting to 1 coin per household!
Way to go on this new product launch!
For a change smooth as butter, I had one, then it froze, opened a new window, it was there, checked out & done w/a confirmation from mint @ 9:03 & just got order confirmation @ 10:22 pdt. Not sure of a quick sellout w/the 1 limit & price, 1/4 oz. gold @ 485. the mint is getting 1,940 an ounce…..they are like dope dealers, charges whatever the market can bear, quite a profit gouging…mu HO
Big D
You are so right, good job Mint on new product and Household limit to 1, man I bet the coin flippers are going plumb crazy right now and having a heart attack over the new Liberty quarter,,,,lets just hope the half dollar has a limit in place also
Turethat
A long time ago I got frustrated with entering address and credit card info multiple times. Now with an account the website saves that info and the check out goes much more smoothly.
Good sign! The mint have charged my account.
Started ordering at exactly 12pm est, it took 24 minutes of site crashes and re-submits to finally get my limit order of ONE. I see re-sellers already pre-selling slabbed MS70’s at a $200 mark-up. With a limit of ONE who do they get a stock to justify a sales web page? Is there a back-door to the US Mint for established approved resellers?
Moneta – Dealers like MCM pay their customers (I know because I have accepted their offer before) to buy and “sell” to them. $100 just to wait, click and ship to them with their self addressed label is all that is necessary for them to have loads of these coins. But I think flipper are acting like dealers too. Their friends are now buying…
charles –
Glad you got your gold quarter! So did I after a hiccup on my computer & the Mint’s website hiccups – had to re-enter credit card # two times. Glad we were successful charles, & hope every collector gets one that wants one.
-NumisDudeTx
Wouldn’t it be great if most collectors get to order their own coins so that the price on the flipper market drops back around issue price – they return them to the mint where they get destroyed – and the total minted then drops substantially?? Wishful thinking but stranger things have happened.
Moneta,
If it makes you feel any better the flipper looks like he made a $200 profit in Ebay…the website charges a 10% fee, so Ebay just reduced his profit by $70.
Hope this makes you feel better.
That’s the going price if you miss the US Mint sale – no problem. The limit for the Standing Liberty Qtr is ONE. How do resellers today get a stock to resell now? With the Dime the limit was FIVE. The reduction to a limit of ONE reflects a 25k mintage reduction. I assumed the new limit was to curtail dealers, considering the 125k Merc dime sale sold out in about a hour – thus leaving the average collector to paying a premium to a reseller – not all that democratic of a sales method by the US Mint. It’s… Read more »
Have my order conformation number took al of 7 minutes to complete.
Look at the Peace Dollars the obserse has the word “trust” spelled TRVST, and the reverse side has uses a “U” in E PLURIBUS UNUM ???
Seth
glad to hear it, one left to complete the set, ok now lets set our sites on the Half dollar everyone , any word on mintage and limits ? just checked mints web page there sill taking orders, intresting
Truethat