Gold Coins, Silver Set and Maine $1 Highlight U.S. Mint Products for May

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May stands out as the most active period in three months for product launches from the U.S. Mint, featuring five days dedicated to releasing new coins and sets, compared to four in April and two in March. Additionally, there’s a high number of distinct product options, totaling 12, including coins composed of clad, silver, and gold.

US Mint products for May 2024
U.S. Mint images which show their product releases for May

The U.S. Mint’s 2024-dated proof American Gold Eagles already started off the month with their release on Thursday, May 2, debuting at prices ranging from $365 for the tenth-ounce piece to $3,200 for the one-ounce coin. Additionally, there’s a four-coin set available for $5,980. These prices are subject to weekly changes, with the latest based on LBMA gold averaging within the range of $2,300 to $2,349.99 an ounce.

On May 7, the Mint will begin selling the 1-ounce U.S. Army Silver Medal, priced at $75. This silver medal, crafted from 99.9% fine silver, features designs that celebrate the Army. These same designs were initially introduced on a larger 2.5-ounce silver version that debuted last year and sold out. Unlike its larger counterpart, which had a limited mintage of 10,000, the 1-ounce version has no mintage limit. It’s the latest product from the Mint’s Armed Forces Silver Medal Program, which honors all six branches of the U.S. military: the Air Force, Army, Coast Guard, Marine Corps, Navy, and Space Force.

Initially scheduled for release on April 23 but changed to May 15, the 2024 Silver Proof Set features the year’s circulating coins, totaling 10, with 7 of them struck in 99.9% silver, priced at $130.

The Maine dollar, the latest issue from the U.S. Mint’s American Innovation® $1 Coin Program, will be launched on May 16 in both roll and bag options from the Philadelphia and Denver Mints, with prices ranging from $34.50 to $117.50. This dollar showcases a profile portrait of Dr. Bernard Lown, with his direct current defibrillator in operation depicted below.

Finally, for the month, on May 23, the Mint will offer the 2024-W $50 Proof American Buffalo Gold Coin, which is composed of 1 ounce of .9999 fine 24-karat gold. This collectible has been annually issued since 2006.

Product limits, product prices and product release dates follow.

U.S. Mint May Product Releases

U.S. Mint Numismatic Product Product Limit Price Release Date
2024-W $50 Proof American Gold Eagle (1 oz.) 9,500 $3,200.00 Thursday, May 2
2024-W $25 Proof American Gold Eagle (1/2 oz.) 5,000 $1,625.00 Thursday, May 2
2024-W $10 Proof American Gold Eagle (1/4 oz.) 8,000 $840.00 Thursday, May 2
2024-W $5 Proof American Gold Eagle (1/10 oz.) 18,000 $365.00 Thursday, May 2
2024-W Proof American Gold Eagle Four-Coin Set 10,000 $5,980.00 Thursday, May 2
U.S. Army 1-Ounce Silver Medal None $75.00 Tuesday, May 7
2024 Silver Proof Set None $130.00 Wednesday, May 15
2024-P Maine Innovation Dollar 25-Coin Roll 8,400 $34.50 Thursday, May 16
2024-D Maine Innovation Dollar 25-Coin Roll 7,350 $34.50 Thursday, May 16
2024-P Maine Innovation Dollar 100-Coin Bag 3,150 $117.50 Thursday, May 16
2024-D Maine Innovation Dollar 100-Coin Bag 2,950 $117.50 Thursday, May 16
2024-W $50 American Buffalo Gold Proof Coin (1 oz.) 16,000 TBD Thursday, May 23

 

New U.S. Mint products become available at noon ET on their release day. The Mint’s latest product schedule is found here.

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REB

I’m in on the Silver Set (by subscription) and the Buffalo.

CaliSkier

In the previous thread, Mike Petraitis said: “In 2002 I bought the 4 pc set from the UD Mint for 995.00 the price for the 2024 set is $5980 .What is the cost going to be in another 22 years?” Based on my calculations, they should go for right around $35,880! LOL Possibly more, based on how the Mints premiums have skyrocketed? However, if we can just harvest a few gold laden asteroids, perhaps less? Then again, what will be the standing status of the United States of America in 2046? 22 years is a long time for AI to… Read more »

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REB

Yep. It could be like that episode of The Twilight Zone where robbers steal a cache of gold and travel to the future to spend it. Turns out that people have figured out how to manufacture gold and the robbers’ stash is worthless.

CaliSkier

ROFLMAO Reb! Thanks! Too funny, as I’ve probably seen every TZ made and can’t quite recall that one. Ironically, I looked up 2046 predictions and mining asteroids was actually one of the predictions. After looking, that episode was called: “The Rip Van Winkle Caper”! I didn’t want to bore anyone, so for any interested, the “Intro” and summary of that episode, ive provided a link to Fandom. After reading, I do vaguely recall this episode. Originally aired(1961), 8 years prior to my birth. I really loved watching the TZ re-runs.(70’s/80’s) https://twilightzone.fandom.com/wiki/The_Rip_Van_Winkle_Caper PS Fort Knox is mentioned, with Death Valley being… Read more »

6EFD264F-C66A-4BD5-A4A6-33A1273CBE15
REB

That’s it! Great episode written by Rod Serling (all the best ones usually are). If you still like TZ, submit for your approval the marathon over New Year’s on the Sci-Fi channel.

John Q. Coinage

Simon Oakland great character actor…. Best the old man in the
Cave

REB

Simon Oakland … newspaper editor Tony Vincenzo in one of my all-time faves, “The Night Stalker”.

Craig

My favourite episode of TZ is ‘To Serve Man’ and I dvr it on the MeTv. When you just want to relax for a bit (without DEI and social issues injected into your brain) there’s nothing like watching some of the old shows. As Forest would say, ‘quality is as quality does’.

Kaiser Wilhelm

“It’s a cookbook!”

Kaiser Wilhelm

CaliSkier,
It seems that a “gold laden asteroid” would be a rather modest catch, at least according to some current cosmological estimates. I recently read that a collision of two neutron stars could result in the release, among a cornucopia of other rare and consequently valuable ingredients, an earth-size planet’s mass each of gold and silver. As the highly estimable Crocodile Dundee might be paraphrased to say, “Now that’s a lot of precious metal!”

Antonio

It’s Australian Dollars.

CaliSkier

Kaiser Wilhelm said in the previous thread: “Caliskier, I just read that as the “Mutated Coin Redemption Program”. Is it possible my collector’s mind is open to the Mint’s having created such an unusual coin variety?” Perhaps? Or maybe this is a subliminal message, your brain registered after maybe seeing the coins below? LOL There seemingly are coins made somewhere on the planet, in just about any and every theme? Haha Here’s the “Mutated” coins, or in this case Teenage “Mutant” Ninja Turtles coins! Just in case any are interested in “Mutated”/Mutant coins, the Perth Mint has a limited(1,000) version(mounted… Read more »

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Last edited 5 months ago by CaliSkier
Kaiser Wilhelm

CaliSkier,
Oh, dear lord, now at least one mint has actually gone and done it; they’ve produced a mutation and let it loose upon a completely unsuspecting world! At the risk of being accused of stealing the words from someone who makes a rather occasional but typically attention-getting appearance on this site, “Run, Forrest, run!”

Seth Riesling

Kaiser Wilhelm,

Welcome back Sir!

I got one of those “Mutant” cartoon silver coins depicted in the above photo & the design is great and very detailed. I own a few of the original painted production cels used to make that cartoon series.

NumisdudeTX

Kaiser Wilhelm

Seth Riesling,
So very kind and thoughtful of you to greet me with such a warm welcome; many thanks for that!
As for that coin, I looked at an enlarged photo of it and saw clearly how much careful, even painstaking attention was paid to arriving at this unusually complex presentation. Kudos on acquiring one of those coins and also some of the original painted cels of the series to go with it.

Last edited 5 months ago by Kaiser Wilhelm
Chris Terp

Good to see you back my friend 🙂

Chris Terp

Fear the Turtle! Oh, sorry, thought we were writing about the Maryland Terrapins 😉

Hideous Perth Mint.

Rick

Cali sometimes they’re little works of art, see below. The reverse is pretty cool. Errors/mutilated seem to be a big deal, and a bigger market than I thought?
https://www.greatcollections.com/Coin/1518363/Mint-Error-Susan-B-Anthony-Dollar-Mint-Cancelled-PCGS-Certified

Twilight zone..the one where the doctors did everything they could for that poor woman’s face, but to no avail.
Then they took off their own surgical masks…

ZIcree-5
Rick

I just noticed part of Susan’s face on the obverse when zooming in.

REB

Ah … another great episode. The woman having surgery was none other than Donna Douglas (a.k.a., “Ellie May Clampett”). I, for one, am glad the procedure failed.

East Coast Guru

Agree. I always wanted to spend some time with her at their “cement” pond.

John Q. Coinage

As long as Elly ain’t cooking fer ya…ye doggies…. Or Chas Bronson v. Samantha Stevens

REB

Ellie certainly didn’t have the skills Granny had with a possum-centric menu.

REB

Agreed.

CaliSkier

Rick, that is actually a pretty cool looking SBA IMO! She reminds me of a warrior Princess or some other warlike Amazonian! That episode you brought up always freaked me out to some degree. LOL Thanks Reb for pointing out “Elle May” as being the woman having surgery. You just made that episode a lot less creepy. Ellie May was definitely a fav, right up there w/Mary Ann! Down home wholesome, strong women, and sweet as can be. Yeah Rick, I’d started looking at and for errors just within the past 1-2 years. Some pretty cool, interesting specimens out there.… Read more »

CaliSkier

My “Spidey” senses, sense a digression in the force? Back to coins! Historical significance? The US Mint has some serious ground to make up, based on previous annual circulation coin mintages. For the year 2023, the Mint produced a total of 734.8 million D nickels and 692.6 Million P nickels. As of now(May), for 2024, the Mint has “only” produced 29.76 million D nickels so far and 31.44 M P nickels. In 2023 the Mint produced 1 billion, 295 million D dimes and P, put out 1 billion, 410 million, 500K of the dime denomination for circulation. Comparatively, in 2024… Read more »

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Dave SWFL

Pretty evident now why I can’t find ANY 2024 coinage in circulation down here. Seems every recession year, mintages are drastically lower. Buckle up, Buttercup!

Rick

E1,
It seems that we have a significant other in the form of a 1C MS69RD–All
by itself… Very few Cents grade out this high regardless of the year or circumstances that they were born… Talk about a money/Rock Star Coin in the varieties sector… Maybe ‘V’entris broke into one of her BU “V” rolls to test the market?…
https://www.ngccoin.com/coin-explorer/united-states/cents/lincoln-cents-bicentennial-and-shield-reverse-2009-date/833247/2023-extra-v-1c-ms/?des=ms-rd

Rick

Edit…
Very few Cents(circulation strikes)grade out this high……

E 1

Rick,

Well, it’s only one Extra “V” in MS-69 for now. If a bunch of them start showing up in MS-69, that will shake up the pricing for the lesser graded coins. I hope there aren’t any more.

Rick

E1, Agreed, I hope there’s no more -69’s. Another 1 or 2 I think that would be ok, let a couple more collectors go for the prize. Any more than that then I suspect the P Mint’s die/hubsman walked out with a heavier shoe heel on a certain day after work. One thing to be sure of is that Dave Santiago has handled more high quality 1C V’s than anyone else. Via eBay messaging(in Feb) Dave informed me that 3 of the 4 NGC-68, and 12 of 16 PCGS-67 were his submissions, not to mention the early ANACS V’s that… Read more »

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E 1

Rick,

I don’t want to speculate at this point. However, it is a real number. I will collect and post the data on the 16th. Thank you for the significant update.

Cheers

Rick

Sound advice, and looking forward to reviewing your report. Thanks E1 for highlighting this fascinating(to me) Modern Mint Variety.

Major D

Here’s a stumper. I recently acquired an NGC slabbed 2009-P Harrison presidential dollar. It has a Brilliant Uncirculated designation on the label, and no grade. Why on earth would someone pay to slab a coin and not have a grade on the label? As I understand it a BU is no different than if the coin was still in a Mint uncirculated set, so why bother? The certification number on the slab checks out on the NGC verification site, when putting in “Other” for the grade. I’m really not out any money as I didn’t attribute any value to it… Read more »

Rick

I think it’s a similar situation as your NGC proof set, an encapsulation to preserve it along with an authentication as being real. I think I have the same one as you, mine came free with the purchase of his Spouse’s gold coin. I think it was/is pretty cheap for the bulk purchaser’s to have these done this way. TPG’s make a few bucks, and the buyer thinks that they have something special –win–win..

Gold continues up on China & India Banks and citizenship purchases without even mentioning a weaker $ and a World on the brink imo…

Major D

Rick, that’s as good of an explanation as I’ve heard. But I still think that authenticating a dollar coin through encapsulation makes about as much sense as doing the same to a random one-dollar bill in my wallet. As to gold I hope a rising tide will raise all boats. Perhaps it’s the Catholic upbringing in me (I’m not a practicing one by any stretch) that sees the duality in things. My Dad (a WWII vet) would always say on a sunny day that someone was catching hell, meaning that if it was sunny here it was storming somewhere else.… Read more »

Major D

For anyone wishing for an increase in gold at the expense of geopolitical unrest, it sure sounds like a Faustian bargain to me.

What will gold be worth by the end of 2024? Here’s what some experts predict. – CBS News

Kaiser Wilhelm

Major D,
Amen to that. After all, highly radioactive gold wouldn’t be of much use to anyone.

Rich

So true, Major D. …be careful what you wish for.

Kaiser Wilhelm

Rich,
I’ve also heard that with a further caution attached, as in “You might just get it.”

Last edited 5 months ago by Kaiser Wilhelm
CaliSkier

Cheap finds, worth more than face! Yesterday, the ATM and grocery store produced some discoveries. The ATM produced both a blessing and a curse. LOL Anyhow, curse first. I received a wad of $20’s(24), covered with the worst contamination of red marker(?) ever. More than just the corners or edges and I was like WTH, due to my desire to search for star, fancy, or other anomalous type errors and such. The red marker/markings, surely does nothing for value, as well as detracts from eye appeal. I stuffed into my jacket pocket Vs wallet and off to Petco for dog… Read more »

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CaliSkier

Historical, gold “Trophy” up for bid! Rick? ““This Atocha gold bar is a crowning treasure piece from the most popular salvaged shipwreck treasure ever,” said Daniel Frank Sedwick, owner and founder of the auction firm. “With its high intrinsic value in Spanish colonial gold plus its incredible historical value, it will be a trophy piece for its next owner.”” A shipwreck of interesting note and as far as history? 1622, just a few years ago! 402 to be exact! LOL By Jeff Starck over on Coin World, if interested in some Gold or History: “Gold bar from ‘Atocha’ wreck in… Read more »

4D7A6C84-E99E-4CA4-A3CF-5B790C4AE429
Major D

C’mon, man- no slab for this?

Rick

Hmm Cali, the auction for the Ingot is in Winter Park, FL over the next couple of days — I’m staying at a hotel in Orlando literally 15 minutes away! I’m all in! \⁠(⁠°⁠o⁠°⁠)⁠/.. I’d like to see it live, never been to one in person–no bids though ..well maybe a couple early on for the thrill lol. I’m already on a diet of beans & cornbread from going crazy on the high grade Morgan’s, $2.5 Libs, V’s & Kennedy’s this winter–no mas for a while… ಠ⁠︵⁠ಠ….. I’m going to look out to the East in a couple of hours–the… Read more »

Kaiser Wilhelm

CaliSkier,
I can hear the grader assigned this one, “Hey, Phil, can you give me a hand turning this over?

Chris Terp

Sure there are criminals already salivating over this to melt down and sell. Didn’t Canada lose their biggin’ while displayed in Germany to some unsavory “coin collectors”?

Last edited 5 months ago by Chris Terp
Kaiser Wilhelm

Chris Terp,
Good memory. In fact, the thieves absconded with that item via the Berlin subway.

Chris Terp

Picked up three of the Army Medals. One for my collection of this series and two for gifts for friends who were Army.

Now Mint, please let us know if Space Force will be coming.