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<p>[QUOTE="desertgem, post: 3975020, member: 15199"]If it is not a bullion coin why does it have 1 ounce of Silver on the reverse? The Morgan and other dollar coins didn't have it, None had it until the ASE except for the Trade dollar which was later demonetized. Read the US Coinage act of 1965 to see what led up to the sale of excess silver and eventually to the mint selling silver to the public. The ASE was the government's way of allowing the sale of silver to the public at or above bullion value. </p><p><br /></p><p>From the mint <span style="color: #660033"><u> <a href="https://www.usmint.gov/news/press-releases/2019-american-eagle-one-ounce-silver-enhanced-reverse-proof-coin-on-sale-nov-14" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.usmint.gov/news/press-releases/2019-american-eagle-one-ounce-silver-enhanced-reverse-proof-coin-on-sale-nov-14" rel="nofollow">https://www.usmint.gov/news/press-releases/2019-american-eagle-one-ounce-silver-enhanced-reverse-proof-coin-on-sale-nov-14</a></u></span></p><p><br /></p><p>About the United States Mint</p><p>Congress created the United States Mint in 1792, and the Mint became part of the Department of the Treasury in 1873. As the Nation’s sole manufacturer of legal tender coinage, the Mint is responsible for producing circulating coinage for the Nation to conduct its trade and commerce.<span style="color: #0000ff"> The Mint also produces <span style="color: #b30000">numismatic products, including <span style="color: #4d4dff">proof, uncirculated,</span> and commemorative coins; Congressional Gold Medals; silver and bronze medals; and silver and gold bullion coins. </span>Its numismatic programs are self-sustaining and operate at no cost to taxpayers.</span></p><p><span style="color: #0000ff"><br /></span></p><p><span style="color: #0000ff"><span style="color: #000000">So you have a "Numismatic Product". IMO, Jim</span></span>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 3975020, member: 15199"]If it is not a bullion coin why does it have 1 ounce of Silver on the reverse? The Morgan and other dollar coins didn't have it, None had it until the ASE except for the Trade dollar which was later demonetized. Read the US Coinage act of 1965 to see what led up to the sale of excess silver and eventually to the mint selling silver to the public. The ASE was the government's way of allowing the sale of silver to the public at or above bullion value. From the mint [COLOR=#660033][U] [URL]https://www.usmint.gov/news/press-releases/2019-american-eagle-one-ounce-silver-enhanced-reverse-proof-coin-on-sale-nov-14[/URL][/U][/COLOR] About the United States Mint Congress created the United States Mint in 1792, and the Mint became part of the Department of the Treasury in 1873. As the Nation’s sole manufacturer of legal tender coinage, the Mint is responsible for producing circulating coinage for the Nation to conduct its trade and commerce.[COLOR=#0000ff] The Mint also produces [COLOR=#b30000]numismatic products, including [COLOR=#4d4dff]proof, uncirculated,[/COLOR] and commemorative coins; Congressional Gold Medals; silver and bronze medals; and silver and gold bullion coins. [/COLOR]Its numismatic programs are self-sustaining and operate at no cost to taxpayers.[/COLOR] [COLOR=#0000ff] [COLOR=#000000]So you have a "Numismatic Product". IMO, Jim[/COLOR][/COLOR][/QUOTE]
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