These changes seem to have occurred separately over the past few days. The first reader reported that the ordering limit had been removed on Friday. At that time, the waiting list notice remained in place on the product page. Earlier this morning, another reader reported that the waiting list notice had been removed.
The Yosemite Five Ounce Silver Uncirculated Coins went on sale at the US Mint on June 9, 2011 with an ordering limit of one per household. The first report of sales came on June 12, by which time customers had ordered 20,511 out of the 27,000 maximum mintage. By the following week on June 19, sales had risen to 23,104. The US Mint placed a waiting list notice on the product page on June 23, 2011.
The waiting list notice had stated:
“The number of orders we have taken meets the maximum limit for the 2010 America the Beautiful Five Ounce Silver Uncirculated Coin™ – Yosemite National Park Coin. You may still place an order for this product, which will go on a waiting list. If a product becomes available due to an order cancellation, we will fulfill orders from the waiting list on a first-in, first-served basis. We cannot provide information about your position on the waiting list.”
At this time, I do not have any information on what occurred to cause the waiting list notice to be posted and then removed two weeks later. There seem to be two possibilities: 1.) the waiting list notice was posted prematurely and when the mistake was realized, it was removed; or 2.) order cancellations occurred to reduce the number of acceptable orders below the 27,000 limit. These cancellations could have been initiated by customers or the Mint.
Whatever the cause, this is the first of the numismatic America the Beautiful Five Ounce Silver Uncirculated Coins that is available for ordering in unrestricted quantities.