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<p>[QUOTE="fretboard, post: 906848, member: 19765"]Below is the last I heard of the 5 ouncers and I kinda felt like the idea was shelved but I think the US mint is still working on it. In the story below they told congress it wasn't possible and were told to make it happen. So we will see what happens. I know that it will be a hot item as it will be the first 5 ouncer, and I for one will create the money to get one! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p><a href="http://www.coinnews.net/2010/02/15/us-mint-forum-moy-talks-america-the-beautiful-quarters-and-silver-coins/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinnews.net/2010/02/15/us-mint-forum-moy-talks-america-the-beautiful-quarters-and-silver-coins/" rel="nofollow">http://www.coinnews.net/2010/02/15/us-mint-forum-moy-talks-america-the-beautiful-quarters-and-silver-coins/</a></p><p><br /></p><p>CoinNews Question: I have a question about the America the Beautiful 5 oz silver coins. How will the Mint distribute those? Will it be ordered directly from you or do we have to go through one of your authorized buyers?</p><p><br /></p><p>A: Right. The authorized, primarily as a bullion coin, although we can make them as a numismatic product. So right now the focus has been on making them. Because when you have… the law was very specific, they said it had to be a certain diameter and it had to be 5 ounces. Well, there isn’t a 5 ounce blank out there, so we had to get this custom made.</p><p><br /></p><p>Then, because it was 3 inches in diameter, well we’ve got a 5 ounce piece of silver and we stretch it out to a 3 inch diameter, it’s paper thin. And then congress mandated that we had to edge letter it. So when you edge letter a paper thin coin, you get crumples. We went back to congress and said technically it isn’t possible, and they said we’ve got too many other things going on, you guys figure out how to do it. We’ve been technologically struggling to make this coin happen.</p><p><br /></p><p>We’ve made some breakthroughs in it, where the edge lettering is not as deep or noticeable. But it now doesn’t mess up the rest of the coin now. That addresses the difficulty that we’re having with the coin. So, we’re having that difficulty, we’re just shooting to meet the legislative mandate making it a bullion coin for now. Really a bullion coin is bought by authorized purchasers. That’s the only way you can get them. And when we work out the kinks, we’ll consider making them a numismatic product out of them.[/QUOTE]</p><p><br /></p>
[QUOTE="fretboard, post: 906848, member: 19765"]Below is the last I heard of the 5 ouncers and I kinda felt like the idea was shelved but I think the US mint is still working on it. In the story below they told congress it wasn't possible and were told to make it happen. So we will see what happens. I know that it will be a hot item as it will be the first 5 ouncer, and I for one will create the money to get one! :D [URL]http://www.coinnews.net/2010/02/15/us-mint-forum-moy-talks-america-the-beautiful-quarters-and-silver-coins/[/URL] CoinNews Question: I have a question about the America the Beautiful 5 oz silver coins. How will the Mint distribute those? Will it be ordered directly from you or do we have to go through one of your authorized buyers? A: Right. The authorized, primarily as a bullion coin, although we can make them as a numismatic product. So right now the focus has been on making them. Because when you have… the law was very specific, they said it had to be a certain diameter and it had to be 5 ounces. Well, there isn’t a 5 ounce blank out there, so we had to get this custom made. Then, because it was 3 inches in diameter, well we’ve got a 5 ounce piece of silver and we stretch it out to a 3 inch diameter, it’s paper thin. And then congress mandated that we had to edge letter it. So when you edge letter a paper thin coin, you get crumples. We went back to congress and said technically it isn’t possible, and they said we’ve got too many other things going on, you guys figure out how to do it. We’ve been technologically struggling to make this coin happen. We’ve made some breakthroughs in it, where the edge lettering is not as deep or noticeable. But it now doesn’t mess up the rest of the coin now. That addresses the difficulty that we’re having with the coin. So, we’re having that difficulty, we’re just shooting to meet the legislative mandate making it a bullion coin for now. Really a bullion coin is bought by authorized purchasers. That’s the only way you can get them. And when we work out the kinks, we’ll consider making them a numismatic product out of them.[/QUOTE]
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