America the Beautiful Silver Bullion Coins Sales Figures Debut at 75,000

by admin on December 17, 2010

in Bullion Coin Sales

Inaugural sales figures were published this week for the America the Beautiful Silver Bullion Coins that launched on Friday, December 10, to United States Mint Authorized Purchasers. The coins were originally scheduled to release Monday, December 6, but the Mint pulled the plug in the 11th hour due to complaints from the public about prices.

Authorized Purchasers chose not to buy all 165,000 of the allotted coins on the first day. Instead, they ordered 75,000 of them. Several of the eleven approved purchasers had not made the final call in making a purchase (they had until December 17) and some may choose not to participate in the program, given the new reseller rules the Mint outlined late last week.

These unique 2010 America the Beautiful Silver Bullion Coins weigh five ounces with each composed of .999 fine silver. They are large versions — design-wise — of the five new America the Beautiful Quarters® that hit the streets throughout 2010.

The silver coins honor Hot Springs National Park in Arkansas, Yellowstone National Park in Wyoming, Yosemite National Park in California, Grand Canyon National Park in Arizona, and Mount Hood National Forest in Oregon.

Collector uncirculated versions of the 2010 five ounce silver coins will debut during the first quarter of 2011, the US Mint announced in a press release. These coins will have the Philadelphia mint mark (P) and an uncirculated finish. Their mintages coins will be limited too. Only 27,000 of each national site honored this year will be struck.

The following articles provide detailed insights and analysis of the sales figures.

75000 ATB Silver Bullion Coins Sold

The US Mint has reported opening sales figures of 75,000 for the 2010 America the Beautiful Silver Bullion Coins. That is the amount Authorized Purchasers (AP’s) ordered when the three-inch, five ounce bullion coins re-launched on Friday, December 10. A total of 165,000 are made available this year, which leaves 90,000 left. The sales level does not indicate demand in this case, since the coins are not sold directly to consumers …

Full Article: 75000 ATB Silver Bullion Coin Sold – CoinNews

ATB Silver Bullion Coins Sales Debut

The United States Mint today released the debuting sales for the five ounce America the Beautiful Silver Bullion Coins. After a delay from their originally scheduled launch, the US Mint conditionally released the bullion coins on Friday, December 10, 2010. US Mint Authorized Purchasers (AP’s) or resellers ordered 75,000 of the available 165,000 on that day, leaving 90,000 remaining. Enormous demand led to expectations of a quick sell out for each of the five 2010 5 Ounce Silver Bullion Coins. However, new conditions for US Mint resellers added unexpected wrinkles for a distribution network which has already …

Full Article: ATB Silver Bullion Coins Sales Debut –

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