2011 Silver Eagle Proof - second highest mintage ever

The 2011 W Silver Eagle Proof according to the most recent report has a mintage of 805,897 without the 100,000 included in the 25th Anniversary set.

Therefore, the 2011 version has now passed 1987 (904,732) as the second highest mintage for proof coins with 905,897 (including the 25th Anniversary Sets). 1986, the first year for proof coins, currently has the record of 1,446,778.

I hope the Mint stops selling the 2011 proof very soon because the more they sell the lower the long term value of each coin. :rollling:

The Proof coins aren't suppose to be Bullion so why the high mintage?

 

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Maybe they are trying to compensate for 2009, albeit a little late.

 

It would have been nice if the Mint had put a 2009 proof ASE in the 25th anniversary set instead of the 2011. It is still not too late. Ok, I will stop dreaming now. TC

 

The fact that they aren't sold as bullion coins means that people will expect to pay a premium for them, it has nothing to do with the mintage numbers which are driven almost purely by demand. If people keep buying them, they will make even more.

 

I love the idea, TC, but it is not legal to coin 2009 coinage in 2011. It would literally take an Act of Congress.

 

It's not too late since the Mint hasn't shipped the 25th Anniversary sets and how hard would it be to stamp out 100,000 coins with a 2009 date?

Can you imagine what that would that would do to the value of the 25th Anniversary sets with a 2011 RP; 2011 S & a 2009 W?

 

Don't really care. A proof ASE is a $50 to $60 coin regardless of mintage. If they made another 100k more I don't think it would matter.

 

Don't let the 1995-W hear you say that. Also, how could producing 100,000 of a coin that doesn't even exist yet and including it in the 2011 set not matter?

 

There was this, but it sold out earlier this year.

http://www.dc-coin.com/1grabenercoinpressmedallionsaleprice-1-2-1.aspx

 

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Can we be absolutely sure about that? The announcement for the set was made in August. Maybe the mint ramped up production a bit to ensure they had enough pieces for the sets?

 

Duh? The Mint has not charged anyone's CC as yet, so None of the 25th Anniversary coins are included in the Mints' Sales reports. The Mint has not sold any of the coins until they ship them and get paid for the them.

 

maybe 2011 will be the last year of the ASE then.
Go out with a bang

 

I don't see it being the last issue, it's too popular. There has been speculation that the design might be changed, though.

 

Duh?

The mint produces these coins ahead of time. In fact, I wouldn't be surprised if they had the whole run for this issue completed. They may be waiting on the fancy packaging.........

 

I would love to see a pic of the room where all 5 x 100,000 ASE's are sitting awaiting packaging

 

They better cancel my auto-subscription for the 2012 then unless there's a replacement being made.

 

Unfortunately, no sitting around really, at least without such protective packaging. According to the mint:

 

A Sales report does not report manufacturing production, but sales. A sale does not occur until the mint receives payment and ships the coins to the purchaser. The sales report also reflects returns from the purchasers as a negative Sale.

I also expect that the Mint produced all of the coins that will be included in the 25th Anniversary set prior to accepting orders on 10/27, but they will not report the sales until the Mint charges the CC, gets paid for the orders, and actually ships the sets.

The subject is sales not production.

 

Forgive me. My mistake........