CamaroDMD

Does this mean the only bullion the mint will be producing for now on is this?:

1oz unc ASE
1oz proof ASE
1oz proof Gold Buffalo
1oz proof Platinum Eagle

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elaine 1970

the mint still produce complete am eagle proof gold and uncirculated gold wihtout (w)mint mark. and also am eagle uncirculated platinum without (w) mint mark.

dman

And the First Spouse series, if you want to consider those bullion. My hobby just became MUCH more expensive!

elaine 1970

from 550 to 200 is still a lot. the mint should cut it to about 50

Coinman1974

I have to say I am glad the mint is finally doing something. As stated a lot of collectors have complained about it. I know I was one. A larger then 50% percent reduction in what there marketing, i am all for it.

As far as cutting it down to 50...I don't know, maybe. Though if it is the collector they are seriously concerned with they should lowerthe mintage numbers as well. Just my opinion.

Regards,
Stan

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elaine 1970

some of the products. the mint should not not melt it. just let all other coins unsold for general circulation or sell it at cost. just like they did with the prez dollars.

cesariojpn

So what about the base-metal stuff? Can't they just dump them into Circulation?

elaine 1970

each year the mint should only produce these:

proof set
silver proof set
mint uncirculated set
commemorative $5.00 gold, $1.00 silver, $0.50 clad for proof & unc.
american eagle gold bullion and proof for 1 oz, 1/2 oz, 1/4 oz, 1/10 oz and set.
american eagle silver bullion and proof for 1 oz.
presidential dollar.

that's it.

Hobo

Shouldn't the Mint also produce coins for circulation?

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No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money . . . - US Constitution, Article 1, Section 10

ANA LM-3799; OHNS LM-59; SUSCC R-4005. All coins stored in bank safe deposit box.

Danr

those 2003 nickels are pricey on the secondary market. They are sort of screwing some collectors who bought in good faith.

Nighthawk

Even more interesting is the possibility of the US Mint offering the 2004 United States Mint Uncirculated Coin Set(R). If the US Mint sells the coin sets at the original price of $16.95, that would be less than half of what they currently are worth on the secondary market. I suppose if they have only a few hundred sets left over, it would only cause a blip in the price but if they sell 100,000 sets or more, the value of the 2004 set might drop significantly.

Nighthawk

ACW

Is this the reason the mint shows that the 2008 proof ASE is "no longer avail" on the website? I figured it was still plenty early to get some so I went to the website to order and....

Looks like this may be the 1st year that the Grandkids aren't going to get theirs at Xmas time. In keeping with tradition though, I was forced to replace the ASE proof with the Bald Eagle commem proof to give instead.

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STEVE

Conder101

Only if they can get the Federal Reserve to order it from them. The Mint has no way to "dump" coins into circulation. Oh maybe the government could order some new desks or computers and instead of sending a check in payment ship them a ballistic bag of dollar coins instead.

What I wonder about is that they said they will melt down the unsold material. Including the circulation type material? They have always resisted that because they have already posted the seniorage profits into the general fund. Melting them down means taking that money back OUT of the general fund. That's probably hundreds of millions of dollars disappearing with nothing to show for it. Hey I've got an idea! Re-anneal them, run them through the upsetting mlll and send them back through the presses again! Save on planchet costs! Get your William Henry Harrison overstruck on a 2001-D Sac dollar!

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reported as of 12/29/06
132 companies 332 production varieties

alhas

Here is a good summary, from CoinNews, regarding Mint's decision to discontinue the Bullion Coins starting 2009.

http://www.coinnews.net/tools/us-min...sales-figures/

elaine 1970

we still have bullion for silver, gold and platinum. only silver have one ounce available. the rest are one ounce, 1/2 ounce , 1/4 ounce & 1/10 ounce for gold and platinum. they will be continue maybe forever.