American eagle half ounce silver coin

Discussion in 'Bullion Investing' started by elaine 1970, May 24, 2007.

  1. elaine 1970

    elaine 1970 material girl

    i think the mint should produce am eagle half ounce silver coin. the canadian already did and ahead of us. what is your opinion?.
     
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  3. anthony

    anthony New Member

  4. jaytant

    jaytant Active Member

    i dont really care! The US mint has enough products anyways, it doesnt serve any business purpose now that silver tends to be traded by way of ETFs... so it would only be for coin collectors...
    Also Canada has not made a half ounce coin this year (2007) so I guess 2006 is the only issue...
     
  5. elaine 1970

    elaine 1970 material girl

    half oz eagle

    well, then let's omit it.
     
  6. AdamL

    AdamL Well-Known Member

    I really don't see the point. Like jaytant said, the mint has enough products.
     
  7. Bacchus

    Bacchus Coin Duffer

    I disagree. I think the mint has more than enough products. :smile
     
  8. elaine 1970

    elaine 1970 material girl

    enought product

    then the mint should cut or discontinue some unpopular series.
     
  9. Daggarjon

    Daggarjon Supporter**

    the mint should stop creating products they know nobody wants. then they can work at producing products people do want, and ship them on time...

    actually, i should say CONGRESS should stop authorizing products that the mint has no choice but to produce. Its not the mints falut!!!
     
  10. elaine 1970

    elaine 1970 material girl

    reducing

    reduce modern commemorative to just one issue a year.
    discontinue those attachment to stamp, unwanted set, and others.

    allow collectors to buy directly from the mint (each year) for all type of unc roll. like cent, nickel, dime and so forth.
     
  11. Lemmyk

    Lemmyk Senior Member

    I with you Daggarjon, we need no more for now, unless the Mint drops a few products. Our Mints catalog it gong to catch up with that canadian huge catalog if this keeps up.
     
  12. elaine 1970

    elaine 1970 material girl

    half ounce eagle

    i think half ounce eagle will be good in the near future. because the one ounce is getting expensive.
     
  13. DJCoinz

    DJCoinz Majored in Morganology

    Exactly my thoughts. A half ounce silver coin would be nice, but they make way to much junk already.
     
  14. Lemmyk

    Lemmyk Senior Member

    I don't agree Elaine. I don't know your budget, but mine is low (I can't afford any gold) Proofs,Uncs and Silver Eagles for me.

    The SAE Proof is about $32.00 bucks but the Unc coin at my coin guy is only $17.00, in fact he sells every silver eagle except for the 1996 for $17.00, and the 1996 he charges $60.00 raw from a original roll. I bought one this week.

    I just started collecting them myself and besides the Anniversary sets, I only have the 86,96,06,07 so I got the expensive ones out of the way.

    I also think that they may come up with some new design in the future for this coin, just a thought, but I don't think fractionals.
     
  15. elaine 1970

    elaine 1970 material girl

    fractional

    if gold and platinum can. why not silver?.
     
  16. Lemmyk

    Lemmyk Senior Member

    DJ,

    Check it out, more legislation, it never ends:

    Native American commemorative proposed May 24, 2007

    By David L. Ganz

    A bill to require the secretary of the Treasury to mint and issue coins in commemoration of Native Americans was introduced May 17 as H.R. 2358 by Rep. Dale E. Kildee, D-Mich. The legislation appears to be designed to create an ideal companion issue to the Presidential dollars with mandates that do not interfere with the Presidential program and modifies terms of its enabling law to make the mandate more easily met.

    The Kildee bill also calls for recognition of “the important contributions made by Indian tribes and individual Native Americans to the development of the United States and the history of the United States.”
    Ordinarily, such a bill would be of no moment, but Kildee is a 16-term congressman and among the four co-sponsors is Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, which has charge over all coinage matters. The legislation was marked, “Referred to House committee. Status: Referred to the House Committee on Financial Services.”

    The other sponsors are Rep. Tom Cole, R-Okla., a third-term member; Bob Enzi, R-Ariz., another third-term member, and Dan Boren, D-Okla.
    Bipartisan support is for the measure that would add to the reverse of the Sakagawea dollar “images celebrating the important contributions made by Indian tribes and individual Native Americans to the development of the United States and the history of the United States. It would not interfere with the Presidential dollar series.

    Change would come to the reverse, eliminating Tom Roger’s majestic eagle in flight, in exchange for thematic designs. The inscription of the year of minting and issuance of the coin and the inscriptions “E Pluribus Unum” and “In God We Trust” are required to be edge-incused into the coin.

    Proposed designs “shall be chosen by the secretary after consultation with the Committee on Indian Affairs of the Senate, the Congressional Native American Caucus of the House of Representatives, the Commission of Fine Arts, and the National Congress of American Indians,” the bill provides.

    Some suggested, variable designs include, “the creation of Cherokee written language; the Iroquois Confederacy; Wampanoag Chief Massasoit; the ‘Pueblo Revolt;’ Olympian Jim Thorpe; Ely S. Parker, a general on the staff of General Ulysses S. Grant and later head of the Bureau of Indian Affairs; and code talkers who served the U.S. Armed Forces during World War I and World War II.

    The bill says that “in the case of a design depicting the contribution of an individual Native American to the development of the United States and the history of the United States, shall not depict the individual in a size such that the coin could be considered to be a ‘2-headed’ coin.”

    To force circulation and prevent the Presidential program from overwhelming it, “the number of $1 coins minted and issued in a year with the Sakakawea-design on the obverse shall be not less than 20 percent of the total number of $1 coins minted and issued in such year.” This is a change from the current requirement that the Sacagawea dollar be struck in quantities equal to a third of the total dollars issued.

    No hearings have yet been scheduled for the measure, which must clear both houses, and gain the President’s signature, before it can become law.

    Maybe, they will be Siver?
     
  17. Daggarjon

    Daggarjon Supporter**

    well commemorative are set to be released twice pe year. This one is set for a later undecided date. This is normal. what i dont want to see is a commemorative 'DIME' series using images from the 50 state birds program, rotating designs at 4 per year for the next BLAH BLAH BLAH ...

    i loive the commems! and as long as they stick to the 2 per year, i can be happy with that.
     
  18. elaine 1970

    elaine 1970 material girl

    native american

    wow, more coin coming soon.
     
  19. AdamL

    AdamL Well-Known Member

    I probably have a much lower paying job than most of the people on this forum, and I'm still able to come up with 50 bucks to get an unc. AND proof each year. I don't think they're getting expensive. Just my opinion.
     
  20. Shortgapbob

    Shortgapbob Emerging Numismatist

    I agree. I think the Mint is going overboard with products.

    I actually think that a half-ounce silver coin is a good idea. They could use a beautiful, classic American design for the coin (I think the design of the Standing Liberty Quarter would be great). However, I would only agree with the half-ounce silver if the Mint cut out some of its other, unnecessary products.
     
  21. Conder101

    Conder101 Numismatist

    Native American

    I'm not sure about that. So far it has four co-sponsers, but I think it needs somewhere in excess of 220 co-sponsers before they can bring it to the floor of the house.
     
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