Earlier today, the United States Mint began sales of the Vicksburg National Military Park Quarter numismatic bags and rolls. This coin represents the ninth release for the America the Beautiful Quarters series.
The reverse design by Thomas Cleveland features an image of the U.S.S. Cairo on the Yazoo River as it would have appeared while serving in the U.S. Navy during the Civil War. The obverse features the John Flanagan portrait of George Washington that has been used for all issues of the series.
The US Mint is offering two roll sets, which include one 40-coin roll from the Philadelphia Mint and one 40-coin roll from the Denver Mint. The custom designed wrappers indicate the design, state abbreviation, mint mark, and face value of the contents. Each two roll set containing $20 face value in quarters is priced at $39.95.
Separately, the US Mint offers 100-coin bags from either the Philadelphia or Denver Mint. The canvas bags are sewn closed with a tag indicating the date, design, state abbreviation, and mint mark. Each bag containing $25 face value in quarters is priced at $49.95.
The Vicksburg Quarter bags and rolls will be available from the US Mint for one year after the official release date.
An official launch ceremony will be held tomorrow August 30, 9:30 AM CT, at the USS Cairo Museum located on the grounds of the park. After the ceremony, a roll exchange will be available where attendees can exchange currency for rolls of the new quarters at face value.
2011 Proof Silver Eagle Re-Pricing
The US Mint has re-priced the 2011 Proof American Silver Eagle and resumed sales today. The one ounce silver coins are now priced at $68.45 each, representing an increase of $8.50 from the original price of $59.95.
Publication of the re-pricing in the Federal Register came on the same day that the price for the upcoming 2011-W Uncirculated Silver Eagle was published. These collectible uncirculated coins are priced at $60.45 each and will go on sale September 15, 2011.
Back when the 2011 Proof Silver Eagles first went on sale, this CoinWorld article indicated that the US Mint’s pricing was established based on a silver market price of $37.50 per ounce.
The market price of silver is now $40.70 per ounce, which is $3.20 higher than the value used to establish the original price of the 2011 Proof Silver Eagle. The highest London Fix price for silver within the past month was $43.49, which is $5.99 higher than the value used to establish the original price.
Thus, it seems that higher silver prices cannot be blamed for the full extent of the $8.50 increase.