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Is it true the US Mint is going to start minting 5 oz silver coins?

zeebobzeebob Posts: 2,825 ✭
in Precious Metals
A friend just IM'd me and said the US Mint is going to make 5 oz silver coins. Is that true? I wonder what the designs will look like.

Comments

  • PerryHallPerryHall Posts: 46,121 ✭✭✭✭✭


    << <i>A friend just IM'd me and said the US Mint is going to make 5 oz silver coins. Is that true? I wonder what the designs will look like. >>



    Same design as the national parks quarters next year.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • zeebobzeebob Posts: 2,825 ✭
    Really? So we can buy like really big quarters? Sigh... I guess if the price is right silver is silver, but I had high hopes for some really nice art on BIG silver planchets...

    Thanks for clarifying the news...

    Bob

    I like this design (well the moon part anyway) -

    image

    Yes, I know it's clad.
  • CladiatorCladiator Posts: 18,041 ✭✭✭✭✭
    They'll probably sell the damn things for spot x 3.
  • SilverEagles92SilverEagles92 Posts: 6,787 ✭


    << <i>They'll probably sell the damn things for spot x 3. >>



    Wouldn't surprise me at all.
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  • AgBloxAgBlox Posts: 744 ✭✭




    << <i>Is it true the US Mint is going to start minting 5 oz silver coins? >>


    Sad but true
  • OPAOPA Posts: 17,120 ✭✭✭✭✭
    It's about time the Mint gets with the program. And why not, the rest of the world does it.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • TrustNo1TrustNo1 Posts: 1,359 ✭
    I like the idea...I love the 1988 Young Astronaut medals, nice and clunky, great paperweights too. BUT if they have the silver for those then where the heck is the 2009 Proof Eagle??? ( I just saw the news, nevermind, damn silver proof czar I bet!! )
  • FountainheadFountainhead Posts: 956
    I collect 5oz proof Ag coins, and unless the US Mint's designs are prettier than my treasured Pandas and Libertads, I'm not buying.
    Salute the automobile: The greatest anti-pollution device in human history!
    (Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)
  • PerryHallPerryHall Posts: 46,121 ✭✭✭✭✭


    << <i>

    << <i>Is it true the US Mint is going to start minting 5 oz silver coins? >>


    Sad but true >>



    Why is it sad? It's not like the mint will force you to buy them. Right? Also, the Congress comes up with these ideas so don't get mad at the U.S. Mint.




    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • CaptHenwayCaptHenway Posts: 32,129 ✭✭✭✭✭


    << <i>They'll probably sell the damn things for spot x 3. >>



    I would gladly pay spot x 3 for a five ounce silver coin!!!!



    I would not want to pay MELT x 3!!!!!!!!!!!!!!!!!!!


    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • BearBear Posts: 18,953 ✭✭✭
    You want closer to melt, then you will have to buy

    the Mints 500 pound silver coin.UPS drivers are very

    unhappy about delivering these. Especially holding

    the coin package while you sign the receipt.
    There once was a place called
    Camelotimage
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