TRIVIA: 2010 Proof Silver Eagles - Will They?

Discussion in 'Coin Chat' started by Clinker, Oct 11, 2010.

  1. Clinker

    Clinker Coin Collector

    2010 Proof Silver Eagles: Will They?

    The United States Mint has confirmed that 2010 Proof American Silver Eagles will be available on November 19.

    October 4, 2010 (News release):
    One-Ounce Silver Proof Coins To Go On Sale November 19th

    Washington, DC-The United States Mint announced today that 2010-dated one-ounce American Eagle Silver Proof Coins will be made available for sale on November 19. Orders for the popular numismatic coin can be placed starting at noon Eastern Time (ET) on that date. Order fulfillment will begin by December 1. The price of the coin will be $45.95 (one ounce of pure silver is approximately $22 in the world marketplace). A shipping and handling fee of $4.95 will be added to all domestic orders.

    Household orders will be limited to 100 units. Orders will be accepted on the United States Mint's secure Website - Those who wish to order by telephone may call 1-800-USA-MINT (872-6468). Hearing and speech impaired customers with TTY equipment may order by calling 1-888-321-MINT. Advance sales are currently available through the United States Mint's subscription program, where customers can have the American Eagle Silver Proof Coin and other specified products automatically shipped as each product becomes available.

    The coin was not available in 2009 because of high demand for the United States Mint's American Eagle Silver Bullion Coin. Legislation mandates that American Eagle Silver Bullion Coin production take precedence over the numismatic version of the coin. Economic conditions drove investor demand for the United States Mint's silver bullion coins to unprecedented highs in both Fiscal Years 2009 and 2010.

    "We have worked very hard with vendors to increase the quantity of precious metal planchets available to us," said Director Ed Moy. "That hard work has paid off. In fact, we have tripled our supply of silver planchets from Fiscal Year 2007 levels."

    Although the demand for precious metal coins remains high, the increase in supply of planchets-coupled with lower demand for bullion orders in August and September-allowed the United States Mint to come off allocation and shift some capacity to produce numismatic versions of the one ounce American Eagle Silver Proof Coin.

    The 2010 American Eagle Silver Proof Coin weighs one troy ounce and contains .999 silver. The obverse features Lady Liberty in full stride enveloped in the folds of the American flag, with her right hand extended and branches of laurel and oak in her left. Featured on the coin's reverse is the image of a heraldic eagle with shield, an olive branch in the right talon and arrows in the left.

    Struck on specially burnished blanks, the American Eagle Silver Proof Coin carries the >W mint mark, indicating its production at the United States Mint at West Point. Each coin is encapsulated in protective plastic and placed in a blue presentation case accompanied by a Certificate of Authenticity signed by the Director of the United States Mint.

    The United States Mint will not offer the following products in 2010: the one-ounce American Eagle Silver Uncirculated Coin; the one-ounce American Eagle Gold Uncirculated Coin; and the United States Mint Annual Uncirculated Dollar Coin Set, which would have included a one-ounce American Eagle Silver Uncirculated Coin.

    The United States Mint, created by Congress in 1792, is the Nation's sole manufacturer of legal tender coinage. Its primary mission is to produce an adequate volume of circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated, and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.


    United States Mint - Connecting America through Coins

    The American Eagle Silver Proof Coin is a collector version of the official United States Mint American Eagle Silver Bullion Coin. Each coin contains one ounce of .999 fine silver. United States Mint proof coins are extraordinarily brilliant, with sharp relief and a mirror-like background. Their frosted, sculpted foregrounds give them a special cameo effect. Proof blanks are specially treated, polished and cleaned to ensure high-quality strikes. Each coin also bears the W mint mark reflecting its striking at the United States Mint facility at West Point. Each coin is packaged in a blue velvet, satin-lined presentation case and accompanied by a certificate of authenticity signed by the Director of the United States Mint.

    Clinker
     
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  3. randygeki

    randygeki Coin Collector

    Thanks Clinker :)

    kinda feel like they are getting too pricey :/
     
  4. coervi

    coervi Lincoln Collector

    I dont care they come out on my birthday, im going to own one :)
     
  5. Clinker

    Clinker Coin Collector

    To


    randygeki:

    I agree about the exorbitant price, plus the S & H...

    coervi:

    Thanks for reading. Maybe a cameo surface with frosted images and lettering will warrant the total cost..,.

    Clinker
     
  6. Phil Ham

    Phil Ham Hamster

    It is the best thing since sliced bread. I've already ordered five through the subscription.
     
  7. andyscouse

    andyscouse Collector of Brit stuff

    They come out on my b/day too!! :)
     
  8. green18

    green18 Unknown member Sweet on Commemorative Coins

    Big honking piece of silver with one of the most beautiful classic designs that has ever appeared on an US coin. If you've ever bought a proof Silver Eagle in the past you find the prospect of picking one up in 2010 almost obligatory. We missed the proof issue in '09. Many of us collectors were very disappointed, but, such is life. I look forward to adding one to my collection this year.....:)
     
  9. coinmaster1

    coinmaster1 Active Member

    I AM GETTING ONE!!! I don't care about the price!!! These proofs haven't been minted since '08 (except for Daniel Carr's "2009" overstrike.)
     
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