The United States Mint completes a busy two weeks of product launches with today’s releases of the 2019-W $100 American Liberty 1-ounce gold coin and the 2019-P American Liberty 2.5-ounce silver medal. The pair of high reliefs goes on sale at noon EDT.
Each has a 50,000 mintage and an initial household order limit of 1 piece. The .999 fine silver medal is $99.95. The .9999 fine, 24-karat gold coin opens at $1,940. Its price can change weekly depending on the trending value of gold.
Both collectibles share the same obverse (heads side) and reverse (tails side) designs.
Obverse Design
Designed by Richard Masters and sculpted by Joseph Menna, obverses depict Liberty with 13 rays of light, symbolizing the free and creative spirit of America’s people, emanating along her headdress. The Commission of Fine Arts (CFA) and the Citizens Coinage Advisory Committee (CCAC) recommended this design from American Liberty candidates reviewed last year.
In the following video, U.S. Mint Chief Engraver Joseph Menna talks briefly about working on the American Liberty.
Reverse Design
Designed by Donna Weaver and sculpted by Michael Gaudioso, reverses show a bald eagle as it prepares to land. Its feathers appear enhanced compared to the original design candidate, changed following rendering concerns from the CCAC.
The CFA recommended the design over others, noting, "The radial pattern of the eagle’s wing would pair well with the headdress on the obverse." The original design was the CCAC’s second preference, losing some support because of the since modified feathers.
Specifications
The West Point Mint produces the gold coin. It features an enhanced uncirculated finish.
2019-W American Liberty Gold Coin Specifications
| Denomination: | $100 |
| Finish: | Enhanced Uncirculated |
| Composition: | 99.99% Gold |
| Diameter: | 1.205 inches (30.61 mm) |
| Weight: | 1.0000 troy oz. (31.108 grams) |
| Edge: | Reeded |
| Mint and Mint Mark: | West Point – W |
The Philadelphia Mint strikes the silver medal. It has a matte finish, which is similar in appearance to an uncirculated coin.
2019-P American Liberty Silver Medal Specifications
| Finish: | Matte |
| Composition: | 99.9% Silver |
| Diameter: | 2.000 inches (50.80 mm) |
| Weight: | 2.500 troy oz. (77.759 grams) |
| Edge: | Plain |
| Mint and Mint Mark: | Philadelphia – P |
Ordering
When released at noon, place orders from the U.S. Mint’s online store. The gold coin’s product page is here and the silver medal’s product page is here. Place orders also by calling 1-800-USA-MINT (872-6468).
Locked, loaded, and ready to pull the trigger. As much as I would like to get the silver, I may pass. The gold I will pass on.
Me as well. Was going to buy both but with a recession looming not smart to pay almost 2000 on s coin.
I am having a grandson later this year. That is my only excuse. It will stay boxed and given to him later in his young life.
It will be interesting to observe if there will be a log jam for these at noon.
No log jam.
Skipped on the Gold (for now) but purchased the Silver.
Same here. Smooth sailing. Ordered in less than a minute.
I just grabbed a silver coin which is absolutely beautiful and for 2 1/2 ounce coin I think that’s a great price!!
The Presidential medals are $40 for one ounce of silver. This American Liberty medal is also $40 per ounce. If it was any higher I would have passed. The mint has these priced for perfection.
It’s unique because the mint has never minted a 21/2 oz coin and being in pure silver I think this is going to be very collectible. I just love the design.
Rooster are you talking about the copper/bronze presidential dollars? I never bought them but the mint charged $40?
Presidential silver medals. Not a coin but medal. Full one ounce. They are listed on the mints website.
The US Mint website has either been vastly improved, or there is simply no heavy demand for these coins.
Ditto. Was able to order the Silver Medal without any issues. Wondering if the Mint will lift the minimum household order quantity on this one?
Thinking low demand. Calling in and a couple busy signals before getting a message to hold saying I was 6 minutes in the que.
Do people/collectors still call in their orders?
Apparently so. I still call in to gage how busy they are.
Just keep in mind if they lift the limit the coin dealers are going to grab them all up grade them and sell them online…it will sell out!
In the first hour of this release, there has been no more than 7,000 orders placed across the mint website
hi – i’m new to all this – how can you tell how many were sold, so soon after they open the sale? txs!
The 7,000 figure above is advisory though is a very good gauge of demand, or lack there of in this case. By getting a USM mint order number at 1200 EST and then again at 15, 30 or 60 minutes past the hour in a new release, one can make a guestimate into the pace of sales and make a reasonable estimate into number of sales – a HHL of 1 helps this estimate for obvious reasons. Therefore, yesterday it was apparent that sales were slow and making the assumption that in the first hour, each order placed bought 1… Read more »
thank you for the expedient reply! – what is meant by HHL?
not sure though that i understand how you are able to follow the sales number….is this based upon purchases listing their order #’s somewhere? if so – i was able to purchase a second set today – order # ending 76553 – it that means anything? thanks much!
What dumbfounds me is that some people are buying these on ebay for $50 to $60 more when they are still available on the USM website.
That I will never understand.
I remember when the Apollo 11 5 Ounce Coin went on sale; people on HSN were paying $599.99 for a coin that was still available on the US Mint website for $229.95.
As a matter of fact, the 5 Ounce Apollo 11 Coin is still available on the US Mint website.
Go figure.
I think it is because PM dealers advertise there are only so many dealers allowed to purchase directly from the mint–and so people assume since they are not dealers they cannot buy themselves directly from the mint (at least that was what I though for years until going to the US mint website and seeing it is not true).
Ya but the U.S.M does not give you a $370.04 sales pitch.
Mike “Sold Out, Limited Edition” Mezack will be selling the Gold for $5,000.00 on HSN this weekend.
Haha! I sometimes feel that the mint hooks me in but that guy catches bigger fish than myself.
It will be the rarest coin ever the mint produced. It will be the rarest coin ever the main produced.
In the first hour of this release, there has been no more than 7,000 orders placed across the mint website
I think the rarest in my opinion is the 2017 since 100 thousand minted and to date only 30,000 sold. If the melt them that would be real low mintage lower than the 2015
2016 silver American Liberty medals had a mintage of 12,500 from each West Point Mint and San Francisco Mint. Sold out in around 10 minutes.
I still have the two “2016 Liberty Medals” I purchased.
The current sale prices for those two coins have dropped dramatically during the past year.
Still have the two medal limit from each mint. Probably hold on to them because I like the design that year.
The “2019 Palladium” that will be released is a few weeks, will have a “limit” of 30,000.
it will probably be a sell out. but any modern day gold, platinum, or palladium with a population of 30,000 is not rare. the 2015 platinum coin with a production of 3,800 is rare.
I was lucky to be able to purchase the 2015 Platinum Eagle from the mint, PCGS graded it at DCAM PR69 very disappointed at the current price seems like the low mintage has no effect.
Platinum is in a bear market and will continue to be bear until an additional use for it is discovered. When platinum is lower that gold there’s a problem no matter now many are minted.
Rob, I collect the Platinums, I have a really bad feeling about Platinum going forward…
PT is used heavily in Diesl catalytic converter industry…
China is going all out in EV’s, especially electric buses….
Europe will soon make the Diesel engine extinct between 2025 – 2030…,
PT is likely to remain on the losing end of this bid
EV’s have significantly affected the price of PT. The use for catalytic converters has declined significantly due to EVs worldwide. Jewelry is one of couple of areas left where PT is used. I sold all of my PT and will buy again when it hits $500 an ounce.
I also believe that collectors knew there wouldn’t be a heavy demand for these, and therefore, there wasn’t a rush, or a need to go out of their way to purchase these.
IMHO- The GOLD will never sell out…. AG may but as it’s “just” a medal the leg$ in the aftermarket will be the Q. I do not care for the Obverse so I wish everyone else luck…… Better to buy 200 Rev. Proof Innovation $1…..$200 Face @ least….
like the medal the 2 1/2 oz. size is different
I kinda agree. First 2.5 Oz. and a matte finish. Not seen before.
I do like the 2 1/2 Z size, as I said likely will sell out eventually, I just think the obverse looks off to me. Maybe when I see one for real it may be better…..?
Take the $100 and buy a 5oz silver ATB with one of the nicer designs. It’s got twice as much silver and it’s a coin. Much better long term potential for the money spent. You’re paying $40/oz for silver in the medal.
I agree with you, Howard, and that’s what I normally do because I love silver, but I really wanted that “first.”
Are you aware that the reverse proof innovation is SOLD OUT?
really sold out, or just waiting for the PF-69 and lower to be returned?
Good one, CQ. I’m sure Mike “Sold Out, Limited Edition” Mezack will be hawking them tonight.
Paul, I did expect the Reverse Proof Innovation to sell out. Happy to get my five.
Me too
I’ll tell you what turned me off to these items from the mint. I really dislike the marketing. Both are labeled as medals, yet the gold has a denomination on it, the silver doesn’t. I know its just a matter of medal vs coin…but if the silver had a denomination on it…id probably buy it. Bottom line…my collection is coins…has been for 45 years.I stay away from medals.
the gold is officially a coin it seems, only the silver is a medal. I am not sure why they couldn’t make it a coin though, they made the 5oz apollo curved thingys coins. For some reason I always stayed away the medals, and I’m not about to start buying now.
there is a law,that allow to mint to make & design new gold coin without congress approval.
there is a law that allow to mint to make & design new silver medals without congress approval.
the us mint dont have the freedom to like other mints around to make new coin or medals,
Wow, it’s still only an ounce!
The 2017 version is still available as this 2019 goes on sale. The US Mint recognize this by halving the mintage from the 100,000 in 2017 to 50K for this gold high relief.
With spot gold at1525, the premium of 415 is just too steep. I remember a time when it was only 200.
If the FED cut rates and inflation still remains near 2%, gold prices should head south. Maybe in 2020, this 2019 gold relief will be a better buy, if they are still available.
I’ll buy the gold, and keep the set together. I purchased the 2015 and the 2017.
do people think the palladium coin will sell out at 30k? i wish the mintage wasnt so high
For what it’s worth – the 30,000 mintage for the Pd Eagle is ABSURDLY HIGH! What is Ryder thinking??? Will it sell out or come close to that? HECK NO Past offerings were 15,000 at around $1,200.., this is NOW a 30,000 @ $1,900+ coin of the 3rd release in the series.., so disappointing. I and other friends/acquaintances had planned to pick one up on Day 1 – not anymore.., will be sitting it out and reassessing later in the year to observe the secondary market and PD spot price (think perceived ‘20 recession impacts). Likely First Day Sales IMHO… Read more »
Also, do not loose sight of the fact that the 2017 PD Eagle DID NOT become a hot item and sell out at the BU distributors until Mint acknowledged that only 15,000 had been struck – prior to that – one could easily buy the BU Eagle for a week or so – then the PD craze came about. I was hoping for a 8,000 to 10,000 mintage for 2019 – 30,000 is Absurd. PD spot was probably driven up by the US Mint in their attempt to secure 30,000 Pd planchets.., where does it go now? What’s the influence… Read more »
i wish they at least split the 30k mintage between the reverse proof and a bullion version…not sure why they didnt do that. i’ll prob still try to get one for the collection because i like the coin. but yea at $2000 it seems like the speculators may stay away because too much risk if the coin isnt hot on the secondary market
Dan, The mint will make more on reverse proof so makes sense they do not do bullion one. It will sell out but I will pass on it. Still look for price to be $2k or higher. Recall someone posted they got survey from mint asking if they would buy at $2.3k. So will be interesting to see the price they set. To many products by mint that are not coins. At least saves one who wants coins from buying them. Couple things to complete, after that? Still think there are few modern series that long term might be a… Read more »
Right now, the palladium reverse proof would price at 1837.50 with spot around 1430. Still, the 400 premium is too high.
Why did they go reverse proof this time? The previous proof version looks a lot nicer.
The $25 denomination and the cheap cloth case on the palladium vs the $100 and wood on the gold reverse are two more negatives.
“Why did they go reverse proof this time? The previous version looks a lot nicer.”
Here is a portion of the law in regards to your question “the Secretary shall, to the greatest extent possible, ensure that the surface treatment of each year’s proof or uncirculated version
differs in some material way from that of the preceding year.”
2018 was a proof, 2019 couldn’t be a proof to adhere to the law…
Seen some pics of the Silver 2.5 oz. on eBay from two sellers. Quality will be an issue as one seller stated he went through 24 medals at the Philly store and all have issues uneven surfaces, hairlines, Etc. Will see how these sell. LOL.
Chris, I am due to receive my Silver Medal on Thursday. Usually, I keep my coins in the original sealed package, but this one I will open.
No need to remind anyone. The Mint is the source and proprietor of all things exclusive to Mint products. They set the rules and we decide to buy or not. If we purchase items based on our finances (usually the case) then collectability will abide as such. If we purchase because of the nature of being a coin collector we know that no one can predict if Gold or Silver will surge higher a week before sale. It is guessing for sure. Just like playing the stock market. You and most of us are not in the “Dealer Zone” where… Read more »
Although I believe generally these American Liberty issues are nice, as a side note to “Sci-Fi Film aficionados” I can’t ignore how similar the profile and “eyes” are to the alien in “Species”.
Even with the order limits now removed, thinking these (both gold and silver) will move slow and be available into next year.
19DA 2019 AM LIBERTY 24K GOLD 1 OZ 4,948
19DB 2019 AM LIBERTY SILVER MEDAL 2.5 OZ 15,882
Hello cagcrisp. Thank you for the sales on these coins since Thursday. WOW really low. Silver selling cause its less expensive. I think over time the gold will sell once or if gold falls.
YW…
Dismal Sale$ # for a weak design, in real life it look nothing like the drawings…..I know you like it Cag but it looks freakish to me (& alot of others I note….) but variety is the spice of life IF you can afford it! $$$
I do like the design of the Gold. I would Not be buying Gold at a Mint price of $1,940.00, which is $100 Higher than Any pricing for the previous two American Liberty Gold coins…
Cag- Agree on the price & unless something weird goes on this will be@ the USM site in 2o21o!
To say these two items are a ‘bust’ infers they had a plan for success….. never any as it’s really, really fuguly in reality & in person I saw one, no way Jose!!
Just received the gold and silver liberty, WOW!, the silver medal is tops, reorder two more. The gold coin is very impressive also. The packing is top-notch, the mint scored a perfect 10.
Good news! Hope this holds true for all the other orders, mine included.
Tom, I just received my Silver Medal today and it is beautiful as is the packaging.
I also received my five Innovations coins and they are nice-looking also.
Hello all. Anyone received their silver medal(s) yet? Wondering about the quality. Hoping for the best but you never know. Planned on leaving mine in the sealed box. If there are issues I may be forced to open. Thanks.
Rooster, I, too, leave some of my coins in their sealed boxes, but after reading about possible quality issues, I opened mine upon receiving it today, and it looks great. No issues.
Christopher Williams: I prefer to keep this boxed for a future gift. Thanks for the feedback.