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2012 ATB Bullion and Collector Issues to see reduced mintages

carew4mecarew4me Posts: 3,470 ✭✭✭✭
Mint Stats: Interest Wanes for 5-oz Coins



"So it wasn’t surprising when U.S. Mint Deputy Director Richard A. Peterson announced recently that mintages will be dialed back for both the bullion and collector ATB 5 ounce coins in 2012. The Mint had been producing 126,700 of the bullion coins. Petersen said the new mintage has been “penciled” in at 45,000 per bullion coin. As for numismatic collector coins, that mintage looks to be at 25,000, compared to the previous counts of 35,000."

Loves me some shiny!

Comments

  • derrybderryb Posts: 36,792 ✭✭✭✭✭
    Increasing ASE bullion demand would eventually have dictated such a move. ASEs are required to be minted to demand and dictate allotment of the mint's silver resources.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • pf70collectorpf70collector Posts: 6,641 ✭✭✭
    I think the 45,000 may still be too much. I look at the Chickasaw as a base. 27,400 sold of the bullion versions. Of course Chickasaw is not like the Grand Canyon or Yellowstone. Their will be some future issues that might command 45K though.
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