Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Free Money!
>
Reply to Thread
Message:
<p>[QUOTE="yakpoo, post: 1256189, member: 18157"]The <b><a href="http://www.usmint.gov/pressroom/index.cfm?action=press_release&ID=1160" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usmint.gov/pressroom/index.cfm?action=press_release&ID=1160" rel="nofollow">US Mint September 13, 2010 Press Release</a></b> offered few details other than to say, beginning in 2011, the US Mint Annual products would be available at the beginning of the year instead of later, around the August time frame, as they had been over the previous decade.</p><p><br /></p><p>Subsequent articles on the web and in print have quoted the Mint as saying they plan to continue selling the 2010 annual sets throughout 2011 or until a sellout occurs. To the question of when the 2011 annual sets will go off sale, I've seen no firm date. I would expect the Mint to end sales either at the end of 2011 or when the 2012 sets are released (likely around the end of January 2012)...of course, the Mint can (and will) do most anything they like.</p><p><br /></p><p><b>I feel confident that...</b></p><p><br /></p><p>1. The 2010 Silver proof set will go off sale on or before December 31, 2011</p><p>2. As silver approaches $43/Oz, sales of the 2010 Silver Proof set will be suspended pending a price adjustment</p><p>3. As silver approaches $45/Oz, sales of the 2011 Silver Proof set will be suspended pending a price adjustment</p><p><br /></p><p>This past week saw a brief sales suspension of the 2010 silver sets, but sales quickly resumed without a price adjustment as silver fell below $40/Oz. Silver is back to $41.40 and there's <b>rumors of QE3 </b>in the air. Additional suspensions and possible price hikes are not out of the question.</p><p><br /></p><p>Silver Proof Set sales over this past week were anemic. As of August 30th...</p><p><br /></p><p><b>2010 </b>Silver Proof Set sales: <b>338 </b>for a total of <b>571,897</b></p><p><b>2011 </b>Silver Proof Set sales: <b>2,173 </b>for a total of <b>450,242</b></p><p><br /></p><p>The lowest mintage of any modern Silver Proof set was 1995 (679,984). The <b>average weekly sales </b>figures that are needed by the end of the year (<b>17 weeks left</b>) to equal that mintage are...</p><p><br /></p><p><b>2010 </b>Silver Proof Set: (679,984 - 571,897) / 17 = <b>6,358</b></p><p><b>2011 </b>Silver Proof Set: (679,984 - 450,242) / 17 = <b>13,514</b>[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1256189, member: 18157"]The [B][URL="http://www.usmint.gov/pressroom/index.cfm?action=press_release&ID=1160"]US Mint September 13, 2010 Press Release[/URL][/B] offered few details other than to say, beginning in 2011, the US Mint Annual products would be available at the beginning of the year instead of later, around the August time frame, as they had been over the previous decade. Subsequent articles on the web and in print have quoted the Mint as saying they plan to continue selling the 2010 annual sets throughout 2011 or until a sellout occurs. To the question of when the 2011 annual sets will go off sale, I've seen no firm date. I would expect the Mint to end sales either at the end of 2011 or when the 2012 sets are released (likely around the end of January 2012)...of course, the Mint can (and will) do most anything they like. [B]I feel confident that...[/B] 1. The 2010 Silver proof set will go off sale on or before December 31, 2011 2. As silver approaches $43/Oz, sales of the 2010 Silver Proof set will be suspended pending a price adjustment 3. As silver approaches $45/Oz, sales of the 2011 Silver Proof set will be suspended pending a price adjustment This past week saw a brief sales suspension of the 2010 silver sets, but sales quickly resumed without a price adjustment as silver fell below $40/Oz. Silver is back to $41.40 and there's [B]rumors of QE3 [/B]in the air. Additional suspensions and possible price hikes are not out of the question. Silver Proof Set sales over this past week were anemic. As of August 30th... [B]2010 [/B]Silver Proof Set sales: [B]338 [/B]for a total of [B]571,897[/B] [B]2011 [/B]Silver Proof Set sales: [B]2,173 [/B]for a total of [B]450,242[/B] The lowest mintage of any modern Silver Proof set was 1995 (679,984). The [B]average weekly sales [/B]figures that are needed by the end of the year ([B]17 weeks left[/B]) to equal that mintage are... [B]2010 [/B]Silver Proof Set: (679,984 - 571,897) / 17 = [B]6,358[/B] [B]2011 [/B]Silver Proof Set: (679,984 - 450,242) / 17 = [B]13,514[/B][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Free Money!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...