2012 America the Beautiful Five Ounce Silver Bullion Coins

atbWith two designs for the numismatic series now sold out, I wanted to revisit the bullion versions of the 2012 America the Beautiful Five Ounce Silver Coins. The United States Mint had concluded production of the bullion versions at low levels and it seems that availability for some of the designs is now somewhat scant.

For each year of issue, the US Mint has offered both bullion and numismatic versions of the ATB 5 oz. Silver coins. The bullion versions are released through the Mint’s network of authorized purchasers, with the coins initially priced based on the market value of the silver plus a small fixed mark up. These coins feature a brilliant finish and do not carry a mint mark. Under the authorizing legislation, the bullion coins are minted in such number as the Secretary of the Treasury determines to be appropriate.

By contrast the numismatic versions are sold as numismatic products directly to the public. These coins have been priced at fixed levels which are published in the Federal Register. On numerous occasions, the fixed prices have been adjusted both lower and higher. Most recently, higher pricing was published for the 2013-dated coins at $244.95 each. These coins feature a special finish created through a vapor blasting technique and carry the “P” mint mark. The US Mint has announced maximum mintages for each design, although recently actual production has been lower than the maximum.

With regards to the bullion versions, the US Mint had experienced a chaotic release for the 2010-dated issues, which caused a great deal of tumult for collectors and unusual distribution for the coins. The following year, the initial surge in interest for the series dissipated and the US mint ended up overproducing the 2011-dated coins relative to demand. This resulted in the Mint taking a write down on their financial statements and also offering remaining unsold quantities to authorized purchasers at a discount.

After this experience, the Mint was much more conservative in their production levels for the 2012-dated releases. Late in the year, it was confirmed that production had concluded at unexpectedly low levels. The table below shows the production level for each design and the last reported US Mint sales.

2012 ATB Five Ounce Silver Bullion Coins

Total Production Sales to Date
El Yunque 24,000 24,000
Chaco Culture 24,400 21,800
Acadia 25,400 25,400
Hawaii Volcanoes 20,000 20,000
Denali 20,000 20,000

See full mintages here.

As seen, the full production run has sold out for each design with the exception of Chaco Culture. Presumably this design is still available for authorized purchasers to order, while the other designs are not.

The lowest production took place for the Hawaii Volcanoes and Denali National Park designs at only 20,000 each. While these levels are still above the mintages of the numismatic versions (which seem to be 15,000), the differential between the mintage levels for bullion and numismatic coins is vastly different than typical. For example, in recent years the ratio of bullion to proof mintages for American Silver Eagles has been more than 30 to 1.

A check of some online bullion dealers shows most of the 2012 ATB 5 oz. bullion coins no longer available. The few dealers which do have coins available, typically have only the El Yunque and Chaco Culture designs. One dealer has the low minage Hawaii and Denali designs available, but priced at a premium. On eBay, the bullion coins seem to be in short supply for some of the designs and are often priced at a premium. In some cases, there are more listings for the numismatic versions compared to the bullion versions.

It will certainly be interesting to see how the US Mint handles production levels for the 2013 ATB 5 oz. Silver Bullion Coins, after the overproduction in 2011 and under-production in 2012. At last check, the US Mint had not determined production levels or release dates for the 2013 bullion coins, although production had apparently started for the White Mountains and Perry’s Victory designs.

Going forward, more collectors may start turning to the bullion versions of this series, particularly since the US Mint is raising premiums on the numismatic versions. If mintage levels continue to be low, that will only make the bullion coins even more appealing.

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Comments

  1. Brad says

    Did anyone notice that APMEX is already asking around $400 for the Denali P 5 oz. ATB? Do you think they know something we don’t know regarding it’s true availability from the Mint, or is the greed already taking over and they’re hoping to snag a few suckers who don’t realize they can still buy it from the Mint for $229.95? Below is the link:

    http://www.apmex.com/Product/73130/2012_P_5_oz_Silver_ATB_Denali_w__box__CoA.aspx

    Maybe just in case, I’d better go ahead and order the Denali from the Mint BEFORE the inevitable “backorder” notice makes it’s appearance!

  2. Brad says

    It’s been funny to see how the 2012’s are starting to breathe new life back into the series. If the Mint gets too carried away and overproduces the 2013’s, they’ll be right back where they started! It’s probably been more collectors buying the bullion 2012’s rather than investors anyway. Collectors obviously don’t want overproduced coins!

    The bullion coins do have a major advantage in that their price fluctuates by the minute with the spot price, instead of the much too high fixed price of the numismatic versions. However, now some of those numismatic versions are fetching a VERY nice premium that the bullion versions can’t touch. I never dreamed the Hawai’l Volcanoes P coin would be going for $600+! And, the Acadia jumping up to $400+ immediately after sellout was a total surprise. As long as I’ve been playing this game, I still don’t know all the rules! 🙂

  3. Samuel says

    if the mint makes 15K Unc and 20K BU, the coins will be hot again. i thought the hotspring should be hot, but it turns out to be the volcano.

  4. Boz says

    I also have been watching the AP’s lately,and as silver went down, they pulled their stocks of 5oz off the market. I can’t really blame them, but I thought the idea of the AP network was to always have coins available to the public, with prices rising and falling as does silver. Obviously not so, the coins are like gasoline, prices from the jobbers only fluctuate in one direction…up!

  5. says

    The 2012 bullion ATB’s may not match the “P” version in secondary market price, but they are worth way more than plain bullion. Only 20,000 complete sets is very low.
    One 2012 bullion set sold on ebay recently for $1300 ($260/coin). And it is very hard to find complete sets anywhere. AMPEX sold their last sets for about $1225 (they are out of stock now) and they will probably be around $1300 when back in stock.

  6. fosnock says

    Brad,

    You are correct but the bullion coins are just that, they are a nice way to collect silver at a reasonable price with the potential for them to because numismatics or semi-numismatics.I would not write off the bullion ATBs just yet.

  7. Hidalgo says

    @Brad – February 25, 2013 at 4:32 pm.

    It’s as simple as Economics 101.

    It’s the unexpected sell outs which catch speculators off guard that generally tend to lead to high secondary market prices. Time and time again, quick and unexpected sell outs lead to higher secondary market demand. Then buyers rush to get the coin, driving up demand, and thus, secondary market prices.

  8. Brad says

    Hidalgo,

    Yeah, I get why the Hawai’i jumped (although I didn’t imagine it would get to $600), but Acadia’s $400 performance doesn’t make sense. It was still available for quite a while after the Hawai’i had the “surprise” sellout, yet despite that the secondary market reacted like the sellout was a surprise also. That’s what I meant when I said I didn’t get it. I’ve been around long enough I’m usually pretty good at picking the winners, but cancelling my Acadia order was a definite misstep!

  9. hi ho silver says

    Hidalgo : I respect your comments, as I stated in a previous post. Some on this site are in coins for the short term (flippers) . I know what you are saying as a collector, but just don’t follow many others…..

  10. Zaz says

    Paying attention to the Mint announcements via this blog or elsewhere can pay off big-time. I think it was around Dec. 1st there was an under the radar announcement of the final mintages for the 2012 bullion. For practically the rest of the month, all of the 2012 bullion came in and out of stock at Provident for spot + $14.95 premium. That month I snagged 2 complete sets from them for $860/per set and 3 extra each of the Volcanoes and Denali. I am watching the buy prices and will unload the extras soon. 2013 bullion might heat up with slightly more mintage, particularly once they get rid of the excess 2011s, which MAY have been minted to the full max of 126,700 coins. What a huge difference a year makes. A similar situation may exist for the S-bags and rolls, where collectors were caught off guard & the 2013 mintage might be increased proportionally.

  11. fosnock says

    @Brad – Hindsight is 20/20. if the price would have went the way you thought you would have been “stuck” with them.

  12. John says

    I never liked the Hawaii design. I just found a Hawaii quarter and put it right back in circulation. IMO it was a hard design to put on a coin and look realistic. I did buy a 5 oz Hawaii at the $205 price point to see what the design might look on the 5 oz coin. The “erupting” lava looked “digitized / square blocks” up close. Anyways, I sold my Hawaii ATB as soon as I heard of the sell out so I could buy some 2013 Pandas. I thought I could make a few bucks and I did, but if I had waited an extra couple of weeks… who would have thought $600?

  13. posterhunter says

    Apparently the government has started to use these 5 ounce coins as teething rings so the supply has dried up.

  14. oldfolkie says

    The other night for the first time I took all my ATBs and lined ’em up on the table. The set really looks good. I still can’t decide whether I like the bullion or blasted ones the best. It seems some look better in one type more than the other and vice versa for some of the others. Not happy with the mint pricing but I’ll try and keep both sets going.I did buy extra Denalis, Acadias, and my favorite, “the Coqui Frog” I made the mistake of getting rid of an extra Hawaii for cost when I got it because of a smear by Washingtons portrait–mistake.

    I don’t get to excited by the values yet. I still have some 2010 DMPL 69s that have plummeted in value. Let’s wait and see what mintages are this year and what future years bring with coins of less well known places. Just buy early!

  15. HistoryStudent says

    @Hi Ho Silver
    Many will wish they did not trade their modern collector items off in about a year or so.

    This will be a high and low record year for many things

  16. george glazener says

    @ Oldfolkie:
    Yep, me too, I overbought the 2010s thinking these were great investments, and now I’m chagrined that I can’t get back even the 279.00 cost on extras I put on eBay. Yet, I love them as well. They are amazing pieces just to look at and admire one at a time. Someday, 5, 10, 20 years from now, silver will rise high again, and we’ll all be glad we have these. The real treat is actually visiting these parks and national monuments. I’ve been blessed to have seen about half of them so far, but time is a-wasting. Time to book that summer trip..!!

  17. oldfolkie says

    @george
    I’ve collected coins for over 50 years but these are truly special to me, and very meaningful. I live in Utah so with a 6 hour drive I can get to Yellowstone or the Grand Canyon, a four hour drive gets me to Arches or Great Basin. I met my wife in Yellowstone, proposed in Shenandoah, and we named our daughter Shenandoah. Just this summer we took a family photo on the very rock pictured on the Shenandoah coin. Like you I’ve been to many of the National Park and it makes it truly special to know I’ll be able to leave my kids each a set of the coins/parks that will contain so many we visited together. Great Memories and a lot more to make, two years ’til retirement and then we’ll check out a bunch more. Maybe all those extra 2010s will pay for the gas.

  18. im just a bill says

    It was me who helped the Denali get to back order today. I usually do not buy the P pucks but my clicking finger was bored. I also picked up the White Mtn PDS rolls for my first purchase of the year from the mint. My clicking finger is now content.

    fyi i bought the denali puck at 3:58pm CT

  19. Dan says

    Hey old folkie

    One old fart to another, I too have been collecting for over fifty years and have a certain fondness for these five ounce coins. Glad to have you share memories from the parks so might I suggest starting a journal to accompany your coin purchases and collections. Many moons ago I started a journal to coincide with my collection from times with my father and grandfather up to and including current coin purchases, the logic behind some of them, and some fond memories of what they personally meant to me. It is my hope that when these sets are handed down that my sons and grandchildren might read them. Who knows maybe they will add some anecdotes or memories of us working together on things. If nothing else maybe it will also prevent them from getting taken at the pawn shop when they get rid of them LOL!!! Anyway
    just some food for thought..

  20. oldfolkie says

    @Dan

    I like your idea, hopefully I’ll have some time to add a few stories to my coin collection before I pass it on. I’ve already begun thinking of ways to package the ATBs with pictures from the places we visited together. I’m not sure if I could do justice to some of my Dads coins but it would be fun to try. My prize coin of all is the 1942/41 dime that I saw my Dad get in change in the early 60s. I actually thought he was going crazy for awhile. Much of our first Buffalo Nickel collection contains acid date Buffalo Nickels that I got from taxi drivers and the local shoe shine guy as a cute little 6 year old in Philadelphia, we got most of the key dates that way and while not worth a lot they are priceless to me.

    I have to admit over the last 6 years or so I’ve gotten into the profit making mode a bit more since I had the money but I love those old circulation collected sets. A few notes and pictures stuck in those books would be a neat thing to do. Great idea! I actually think I have an old picture of Sam, the shoe shine guy that gave me many of my earliest coins.

  21. says

    I think that the Mint’s decision to end sales on the Volcano and Acadia P mint coins is merely a marketing ploy to try to ignite some life in collector interest in this series. By suddenly making these two designs the CURRENT low mintage “rarities” in the series (for now).
    This experiment with 5 oz. bullion and numismatic coins has been such a roller coaster. The (THEN!) “rare” 2010 bullion coins were stratospherically hyped by the big bullion dealers and MS69 and MS70 coins sold for through the roof prices that those buyers will never see their investment back! Then the 2010-P numismatic offerings sold briskly at (THEN!) very high silver bullion prices. The 2011 bullion coins were made by the barrels full and went for just a couple of bucks over silver melt, and 2011-P numismatic coins demand fell. 2012 saw the bullion items set new mintage lows around 20,000, 2/3 the mintage of the 2010 bullion rarities! And so it is now with the Volcano & Acadia 2012-P pucks. Essentially any collector or investor really considers the underlying melt value of these oddities when making their purchases. When this series is complete (if it ever actually will be) I think that all of the premiums paid for the all-the-rage “rarities” will dollar cost average out to only a few dollars premium on whatever the current silver bullion price may be.

  22. Hidalgo says

    @Gary – I agree. Collectors, flippers, and investors only need to look at what has happened with the STATE (vis-a-vis America the Beautiful) quarters program. Loss of interest, lower demand, lower values in general. A notable example: the 1999 silver proof set has dropped significantly in price….. And what happened to the “oddity” quarters? Does not seem to be much interest in them anymore.

    So flip when you can. If you plan to buy for a profit, then you have some time left before the America the Beautiful quarters program comes to an end.

  23. simon says

    oldfolkie : My prize coin of all is the 1942/41 dime that I saw my Dad get in change in the early 60s.

    You can just imagine how high I jumped (for joy) late last year when I received a pristine red mint state cent dated 1944 in change. Earlier in the year I received another pristine red mint state 1959 D/D cent in change. Both are in airtites now – prides of my small collection. Add to these an MS 2009-D full band dime picked up on pavement. 2012 was truly a great year for pocket change !

  24. Boz says

    If you could go back to 1893 in a time machine and find uncirculated silver based coins for just a slight premium over worn out circulated stuff, would you do so? Sure, it might take another 120 years, but somebody down the line will be speaking well of their long gone great grampa who stocked up and put back 2012 and 2013 US coins. The parallels between the 1890’s and today are ‘striking.’

  25. fosnock says

    All this talk and I’m still debating putting my Hawaii “P” on E-bay. I also noticed that the bullion version is going for over $300 on e-bay

  26. says

    Figuring out what collector and bullion consumer demand must be quite a moving target for the Mint to calculate mintage maximums for these offerings. To balance things might be to use a MINIMUM mintage amount to introduce a design or commemorative item ALONG WITH A FIRM SALES PERIOD ANNOUNCEMENT at the same time (365 days, end of calendar year etc.) This way the Mint can issue the coins to collectors and bullion investors alike, in quantities that truly reflect the issue’s popularity and demand. This will avoid gross overestimates in demand (as in 2011 5 oz. bullion ATBs) and underestimation as was the case with the 2011 25th Anniversary 5 coin silver eagle sets. When the Mint has to write down (take loss) on stuff like 2011 5 oz. ATB pucks, it COSTS US TAXPAYERS MONEY!!!

  27. gatortreke says

    fosnock,

    I put my Hawai’i P on eBay several days ago and sold it for $605. I had no intentions of ever selling it as I’m collecting the series but I’m betting I’ll be able to buy one back for significantly less at some point in the future. I’m a patient person so I’ve added it to my list of coins to “watch” in the future. I think/hope this will be a case similar to the Ben Franklin Commems from a few years ago where they were in high demand following an early sellout and premiums ran high for some time but now the coins can be purchased at or less than original mint asking price. Time will tell if this was a smart move on my part.

  28. Brad says

    Gator,

    I think it was smart to unload the coin now. Barring a large increase in the silver spot price, the Hawai’i Volcanoes price should fall later after the hoopla has died down. The main risk is getting another problem-free coin in the future to replace the one you sold.

    Are you going to gamble on Denali? It will probably join Hawai’i Volcanoes and Acadia as “sold out” before the end of the day today.

  29. goldbug says

    I was expecting tomorrow’s premium increase will be partially offset by the drop in gold price, but gold just shoot pass $1,600. It looks like we will only see the premium increase tomorrow.
    This is your last call for “cheaper” gold product from the US Mint!

  30. gatortreke says

    Brad,

    I’ll probably do the same with Denali if the premiums rise in a similar fashion. I’m willing to take chances with the coins, it’s not exactly a life and death type decision. Yes, there is potential to be burned and for things to play out differently than I expect but there is risk in all decisions we make. I’m betting this is a short term opportunity and you have to jump when they are offered, we’ll see if I’m right.

    What did you decide about the Chaco Culture? I don’t see why they are disliked so much, I’m thinking of ordering another as “insurance” but haven’t decided yet.

  31. dv says

    Yes if t follows suit Denali will sell out. I’m glad out of all the 2012 I did get Hi and Acadia. My daughter ordered one of the Denalis last night. I, too, have purchased many of the P version but none at the 279 price. I just couldn’t do that price. I have bought some for gifts when the price lowered to 229 and some more at 204. Thought they were good Christmas gifts for the kids and grandkids. They all recd Gettysburg and Vicksburg!

  32. says

    Gary,

    I’ve been fairly unhappy with the direction the AtB bullion coins have taken with the reduced mintages. I think the AtB five ounce bullion coins are a great way to stack raw silver at close-to-spot prices and I would have preferred to see the Mint give a much stronger advertising push to the program as an alternative to the silver eagle. Most “investor” types don’t even know they exist and just buy the silver eagles.

    I definitely don’t like the Mint playing mintage games with the bullion coins. The numismatic/uncirculated coins were supposed to be made for that kind of thing.

  33. goldbug says

    To ClevelandRocks,

    You can look back two articles earlier: “US Mint Revises Gold and Platinum Pricing Grid Resulting in Higher Prices”.

  34. Brad says

    Gator,

    I might order Chaco Culture, but I’ll probably wait for the backorder notice to appear on that one. It’s still unknown if it has a higher mintage like El Yunque, or if it came in at the lower number like the last three. If it goes on backorder, I should see it pretty quick since I check the site several times a day. With the accelerated rate of sellouts happening now, we may have an answer in a few days.

    I don’t dislike the Chaco design, even though a lot of people made fun of it, calling it the “toilet bowls” and such. It actually might look pretty good in the 5 oz. format, with the greater detail brought out. I haven’t ever seen one in person, so I can’t really say.

  35. says

    Brad,
    The Hawaii Volcanes ATB has been compared to a depiction of a keratinous zit eruption.
    But hey, beauty is in the eye of the beholder, no?

    My gracious, the Hawaii Volcano 2012-P sure did POP in price when Min orders closed!

  36. William says

    I gifted a Lincoln set to my nephew (age 16) and asked him to put it away till he has kids. Some of the pennies came from my grandmother’s coin jar from tips earned singing in a Boston nightclub. Imagine saving memories and coins from the 1950’s to pass along to kids I may never enjoy.

    I suggested to Jake that in another decade pennies may have disappeared from circulation.

    Can’t say that I will still be kicking by then. But, it is nice to think that his kids will have a few small historic coins from their “great Uncle Bill” to be a kind of touch stone with the past.

  37. gatortreke says

    CO:
    I agree wholeheartedly with your thoughts on the bullion 5oz ATB. Personally, I like the bullion versions better than the P versions but I missed getting the 2010 bullion when they were released so I started collection the P versions instead and have stuck with them.

    Brad:
    I like the 5oz Chaco Culture design, maybe because I’ve been to the site in person but I never looked at it and thought of a toilet bowl until I saw it mentioned on here. Sales are already higher than either Hawai’i or Denali but lower than the other two for 2012. Acadia’s price has spiked despite being the highest 2012 mintage but its design is more iconic, thus it may have more mass appeal.

  38. fosnock says

    @gatortreke – Thank you for the advice.

    @CO – Not sure what you expected from the series when they were playing the mintage game from the onset. As long as they force the Primary Dealers to treat the coins as bullion the lower the mintage the better in my book.

    @Gary – I hated the Hawaii ATB until I saw it in proof form, it was spectacular in proof and the other versions just rubbed off on me.

    As far the mint is concerned it does not take a rocket scientist to know when you limit the initial design to 33K (bullion) you have just limited your collector base to 33K people. How you go from those number to 127K (almost a 400% increase) is beyond me?

  39. says

    Captain
    I believe that the ATB program was too hastily conceived and even more way to fast-tracked (or should I say half-fast?) by their marketing gurus. Believing that they could boost profits even greater, they took the America the Beautiful program (Which is an inherently wonderful & noble theme) and put in on a diet of steroids. In addition to the circulation quality and silver proof set ATB quarters they simultaneously introduced a 50 coin series in 5 oz. size, available in 2 flavors, unc. & better unc.P essentially. To complete this whole set the collector will commit themselves to purchasing 1,250 oz of silver! Why not just buy a single 100 oz. bullion bar, 1 ATB Proof Silver Quarters set each year and call it done?

  40. fosnock says

    CO,

    Most investor types prefer 1 oz coins over 5 oz coins especially when their is a small difference in price between the bullion. The current difference between a Gettysburg ATB, and 5 ASEs at Provident is $2.50. That is not much of an incentive to buy a ATB coin.

    Based on sales of other large coins from the Perth Mint, and the 5 oz silver Libertads, the mint figured their would be a limited “fan base.” Now saying that the feeding frenzy in 2010 should and did surprise them, but it was collectors and flipper not bullion buyers driving that frenzy. The 33K limit drove your collectors away and the 2011’s 127K limited drove your flippers away, and now we are in the great unknown as it looks like collectors or flippers are coming back into the market because of the new lows.

  41. HistoryStudent says

    They hit a terrible JOB economy from 2010 onward. That’s why the sales are dropping on most BIG things. That said 2013 ATBs will be very interesting.

    Old Folkie & Dan:
    Paternal Grandpa left me two 1909 S VDB pennies in about AU58 or better shape back in 1955. Being only 10 then my CROOKED oldest uncle got them away from me for $20.00. KINDA Reminds me of the get rich quick guys now, HA HA. One really learns from the stupid hard KNOCKS.

    I think that the only two coins I’ve sold so far. He also left me his 1937 Scott’s World Stamp Catalog. His collection was rather good for he traded with FDR and the King of England. I’ve kept all the stamps he left me too.

    1937 reminds me of 2013 in so many ways.

  42. Brad says

    Well, Denali is “sold out” now.

    Judging by how many were sold as of last Sunday, it could turn out that most of the orders placed after the “backorder” notice won’t be fulfilled. There most certainly can’t be any more than 15,000 available, even if next week’s reported sales total exceeds that.

  43. fosnock says

    @Gary – Congress once again was clueless on something it mandated, as it forced the 5 oz ATB program down the mint’s throat. The mint had major issues producing the coins to the mandated specifications. I think you had a typo my calculation show it will be 280 oz of silver. As far as why not buy a 100 oz bar, why don’t most people buy 1 oz rounds or 5 oz bars? I can only answer for myself but the smaller qualities would be easy to use in barter, and they look terrible, have you ever heard of anyone showing off their silver bar collection?

  44. fosnock says

    @Gary

    According to my calculations., if you include both sets (bullion, and “P”) it would be 560 oz, and 56 (90% silver) quarters comes out to just over 10 oz of silver.

  45. Wylson says

    Dumb and dumber. Let’s have the mint make a giant quarter with modern folk art on the back. Gee… makes sense, when we’re finished we can make a trillion dollar platinum coin. Yee haw

  46. says

    lol fosnock!

    No it was not a typo, it was much more like I had a big fat BRAIN CRAMP!
    Of course, your math is correct. Thanks!

    I get the Silver Proof Quarters ATBs (1 set) and enjoy the designs in the intended size format. I can manage 10 oz. of silver bullion over 10 years, even if bullion tanked or skyrocketed.

    I’ll just stick with the Platinum fractional eagle series where low mintages abound and can be had for laughably low premiums over bullion with patience on Ebay. The Platinum ounce is simple to collect: one offering (since 2009) each year with a new design each year to boot. It offers more than just obsessive chronological date collection.

  47. im just a bill says

    Dmitriy, I would. I would also like a 10 oz kennedy and or franklin half replica. 5oz roosevelt dime
    5oz jefferson nickel
    A kilo ike dollar
    A 1998 5oz quarter

  48. fosnock says

    CO,

    We have broken 2011’s February AGE bullion record, current sale are at 3,368,500 oz with two days to go.

  49. fosnock says

    I just wish they would bring the Morgan or Peace dollars back as commemoratives, like the 2009 UHR or to celebrate a mint’s anniversary I’m tired of all the commemorative ASEs

  50. Speculator says

    Seems like word has gone out that the Denali coin has sold out. Prices on eBay for coins still on sale have reached close to $300. I wonder what closing prices will be.

    Does anyone think that the sell out of the Denali coin is a “surprise?” The coin debuted during early November 2012 (it was on sale for 4 months). With that being said, do you think secondary market prices will fall between the Acadia coin and the Hawaii coin?

    Also, do you think that the last three coins will impact the sales and secondary market values of the El Yunque and Chaco silver coins?

  51. Tim says

    Folks never count out your 2010 bullion or collector sets. They are the first year for the series, which makes Hot Springs extra special, and very attractive to people just starting out perhaps in the years to come.

  52. Addielise says

    Mint’s website does show the 5 oz P Denali as sold out. Sure hope the order I placed this morning will be ok.

  53. Hidalgo says

    Never, ever give up hope! Until you receive a “sold out” notice, you still have a chance to get one of these coins.

    Wishing you much fortune!

  54. hi ho silver says

    Addie : If you don’t get the 5 oz, you can always get another 2013 W silver eagle set in the future…..

  55. oldfolki says

    I may be a wild optimist but I’m not giving up on the 2010s. Do I believe they’ll get back to those early insane highs? No, But I do think as more people get interested and become aware they will be collected more. The set is so big I don’t think too many will collect them all but I do see great subsets in this giant collection. Just collecting the true parks, collecting the historical sites, collecting the most beautiful coins, or the wildlife dominated coins. Anyone that gets into the National Park coins will want Yellowstone, or Yosemite, or the Grand Canyon, while I believe the early art was lacking these are still the crown jewels of the National Park system.

    Next Year it is truly an all National Park year with some great designs, that can only help. I still believe the Spouses will gain great interest when Eleanor Roosevelt, Jackie Kennedy, and the better known first ladies come out. I see one more tough year for the ladies and then watch out! As I said I’m an optimist.

  56. says

    @Samuel & im just a bill:

    Gotta love those suggestions of yours,
    Question tho, would those
    I’ll save my money for the 5th Anniversary of the 25th Anniversary 2011 5 coin American Silver eagle.
    I can’t get enough of these Anniversaries in honor of the birth and existence of the coins themselves!
    These will be held in high esteem for many generations to come! LOL

  57. Leo S. says

    The Mint has pulled the FS for repricing. Looks like the higher prices are coming soon to you local drive-in.

  58. KEITHSTER says

    The FS’s are temp. for price upjustment so much for letting them be and just doing it to us with the 2013’s good luck ? or bad ? TIME WILL TELL!!!

  59. Dan in Fla says

    What is the U S Mint thinking with the new icons? Where Mckinley coins listed the pics the same for the PDS rolls or the 100 coin bag. Very confusing all things look the same. What do you think?

  60. KEITHSTER says

    Ya noticed that and on the zoom what’s that with his ear was he shot in the ear or attact by a tiger in his youth?. That sure seem’s like a large tear in his ear?. Hopefully just a new variety get um while there hot or still around??? Good luck on those.(-

  61. T1 browserman says

    I just checked the penny jar and found these 4 in circulation…1929 / (2) 1945’s one of which is D and 1949.

    Needless to say they are now not in circulation.

    Will be interesting to see a silver suspension. I cannot comprehend the idea that the mint buys an entire year’s worth of RAW silver and slapping a $245 flat price on the P ATB’s. As one poster stated, if that is the case then inventory will remain high throughout the year into 2014. And with spot at the current prices then next year’s batch should be priced lower than this year’s.

    I do think a more prudent method would be, quarterly purchasing based on current average spot AND what needs to be minted at 90% and 99%. JMHO

  62. Mark in Florida says

    Anyone who thinks (like me) that PMs might go up before the 2013 gold and pucks come out, can buy today at the dip in price and then sell them when it’s time to buy the new issues.

    Provident still has some gold eagle proof sets available and APMEX has some pucks at $4 over melt per oz. If you know a good dealer he’ll buy them at a couple percent under the going price later in the year.

  63. Jim_D says

    These are the latest(2/26) numbers from the US Mint sales report from coinupdate.com:

    AMERICA THE BEAUTIFUL 5 OZ UNC COINS
    2012-P El Yunque National Forest 16,462 134
    2012-P Chaco Culture National Historical Park 14,093 191
    2012-P Acadia National Park 14,978 262
    2012-P Hawaii Volcanoes 14,863* 0
    2012-P Denali National Park & Preserve 14,552 721

    Acadia is not listed with the sold out asterisk and almost hit 15,000 exactly. It would appear that Denali may also hit the 15,000 level as it sells out. This leaves the Chaco Culture as the only 2012 left with a low mintage. Will we see it sell out in a week as collectors concentrate on it?

  64. Brad says

    Jim,

    Orders for Denali were heavy enough at the end that the final sales number may exceed 15,000. However, anything over 15,000 would most certainly be an overshoot that will be cancelled. The Mint seems to fail to deduct those cancellations from their final sales number, so it’s a bit misleading. It’s the same thing that happened with the Lucretia Garfield Unc coins. It’s supposed to be slightly lower mintage than Lucy Hayes, but the final sales number doesn’t reflect that.

    Chaco might have a higher mintage available like El Yunque, so it might not sell out right away. We may have an answer on that before too long though, since sales for Chaco might pick up speed now that it and El Yunque are the “only games in town” from the Mint for 5 oz. silver coins. I wonder if the Mint might have started out minting 80% of max for the first two designs (20,000), then slow sales prompted them to reduce that initial run to 60% of max (15,000) for the last three designs?

  65. Leo S. says

    Prediction:

    The Mint will not schedule any FS or 5 oz silver until after the sale date of the Generals comm. coins. Too bad since many of us must budget carefully in order to keep up with these two series.

  66. Jim_D says

    Brad,

    I agree that Chaco could easily be closer to 20,000 minted, but I live in a fantasy world where I believe the mint gets lazy and refuses to offer as many ATB 5oz as they originally said they would have for sale. I secretly hoped that the Mint wanted to end all sales for 2012 as soon as possible or at least after I had ordered all that I intended to buy.

    Of course, I missed out on the Hawaii ATB, because I was waiting for the price to go back to $204. Idiot, idiot, idiot….

  67. Piotr says

    I ordered Denali 5 oz 2 am after it got backordered.
    What is the likelihood that my order I gets filled?
    Thanks!

    (Love this blog!)

  68. Paul says

    I ordered the Denali 5 oz around 10:00 pm on the same day it was backordered. I just received confirmation that it was shipped today. However, I also ordered the Acadia last week and it is still in backorderd land with the date being pushed out one day at a time. I too was waiting for the price to go back down to $204. Not sure if I will get the Acadia 5 ounce.

  69. creepster says

    WP order confirmed at 12:03 and received the same e-mail for 7/2 although
    the order still has it listed as 6/17.

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