50,000 Ultra High Relief Gold Eagle Blanks, High Relief Silver Eagles

Discussion in 'US Coins Forum' started by VetStudent, Apr 3, 2014.

  1. VetStudent

    VetStudent Junior Member

    Howdy Y'all

    I attended the US Mint forum this evening held at my county's local library as a precursor to tomorrow's official ceremony for the release of Shenandoah National Park quarter. Like most things in our rural county it was a small showing- with only 6 or 7 attendees.

    It was headlined by the Deputy US Mint Director, Mr. Peterson. He opened with a summary of recent productions and advancements in efficiency at the mint. He then opened the floor for questions and answers- as well as asking for some opinions on certain options/future offerings from the mint.

    My two main questions revolved around the silver eagle program. First I wanted to know if the concept for a design change of the silver eagle's reverse becomes serious- can the public be involved in submitting designs and/or voting for the final design. I drew the point that the commissions responsible for selecting new designs frequently selects designs that are at odds with the general popular opinion- case in point Civil Rights commemorative vs. citizen designed Baseball HOF. I summed it up by stating that any changes to the most popular bullion in the country (and world) should involve real private collectors. Mr. Peterson seemed to be honestly and candidly open to the idea.

    My other question regarding eagles was whether or not the mint could follow suit with the 2009 UHR and if they were in planning stages for an Ultra-High Relief ASE. He acknowledged that the interest is there and it will be done, but that a formal proposal has yet to be presented to the Secretary of Treasury. After answering that question, he stated that he recently learned about 6 weeks ago that the US Mint is sitting on 50,000 blanks from the 2009 UHR. He simply asked "What should we do with them?" I honestly didn't know what to offer as a concept idea other than the 50th anniversary gold Kennedy offering-but assured him that they ABSOLUTELY should be used someway somehow!

    Of other, perhaps notable topics that came up:

    (1)- He received word today at noon that 316,000 of the silver baseball dollars have been sold! Not sure if that number has been made public elsewhere yet. He also stated that as production of the baseball HOF gold and silver products gets ramped up, the ship dates would continually be moved upward.

    (2) It is being investigated whether the US Mint might be able to do well by getting a 3rd party to run high-end vending machines at airports that sold gold and silver products.

    (3) Lobbyists from various industries that rely on coinage met at the mint recently, but he declined comment on alternative metal compositions since research was still in progress.

    (4) He is looking into having the 10 pure gold Sacagewea dollars that are in Fort Knox being pulled from the vaults and placed around the country on exhibit.
     
    Last edited: Apr 3, 2014
    green18, Odieo331 and jaceravone like this.
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  3. green18

    green18 Unknown member Sweet on Commemorative Coins

    I could run with an ultra high relief silver eagle. Put me on da list.........:)
     
  4. Zoran

    Zoran New Member

    I would love a High Relief (Ultra High Relief, Mega High Relief, Charlie-Sheen-High Relief, who knows!) Silver Eagle.
    I'd buy directly from the mint and watch as the prices go up and...
    Sell! But keep one.
     
    Odieo331 likes this.
  5. desertgem

    desertgem Senior Errer Collecktor Supporter


    DEAR MINT GUY, do not send any to congressmen!!!!!!!Send them to Cointalk moderators!!!!! :)
     
  6. green18

    green18 Unknown member Sweet on Commemorative Coins

    Put in line with the HOF coins........we'll be waitin'......
     
  7. green18

    green18 Unknown member Sweet on Commemorative Coins

    Why should dey have all da fun? :)
     
  8. desertgem

    desertgem Senior Errer Collecktor Supporter

    Because we are honest and would gladly send them back when asked :)
     
  9. green18

    green18 Unknown member Sweet on Commemorative Coins

  10. josh's coins

    josh's coins Well-Known Member

    you should have brought a camera with you, recorded the whole thing and put it on youtube man. I'd watch it I bet tons of others would be interested.
     
  11. desertgem

    desertgem Senior Errer Collecktor Supporter

    Come on Green , have faith in your fellow man ! :) I didn't say when
     
    green18 likes this.
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