Where are the 2012 ATB 5 oz Bullion?
pf70collector
Posts: 6,671 ✭✭✭
Is this a failed program? Could the mint cancel this series to lack of demand. When mintages drop from 175,000 to 21,000 what proof does the mint need. They will force APs to buy up the 2011s first before they can buy the 2102s possibly. APs seem reluctant to buy these back from the public even though they are required to. This is not like the ASE.
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<< <i>Is this a failed program? Could the mint cancel this series to lack of demand. When mintages drop from 175,000 to 21,000 what proof does the mint need. They will force APs to buy up the 2011s first before they can buy the 2102s possibly. APs seem reluctant to buy these back from the public even though they are required to. This is not like the ASE. >>
Can the mint cancel this series if it was mandated by law?
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
<< <i>Should have been done with half dollars instead. More prople could afford them and they would look nice in that size using the Kennedy obverse as the quarter one looks just plain dumb. >>
Great call on the half dollars. I actually cracked out a low graded 2010 to carry as a pocket piece and it was just to big and to heavy. I ended up trading it for some work on my house.
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<< <i>This whole program made no sense (to me).... just exonumia.... Cheers, RickO >>
Actually, the program made the most sense to me (ie, changing reverses highlighting America's treasures that aren't dead spouses) but the Mint botched it with a size that was too large and early production/distribution issues. They should have just made 1oz or 2oz coins. Plus the fact that silver isn't as popular as it was in the last few years.
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
<< <i>
<< <i>This whole program made no sense (to me).... just exonumia.... Cheers, RickO >>
Actually, the program made the most sense to me (ie, changing reverses highlighting America's treasures that aren't dead spouses) but the Mint botched it with a size that was too large and early production/distribution issues. They should have just made 1oz or 2oz coins. Plus the fact that silver isn't as popular as it was in the last few years. >>
Yes, I think the 1 ounce size would have been large enough to display the design and would have been more popular for the collector of coins and bullion and they would not have needed any new equipment to make them. Like someone suggested before, it almost looks like some silver producer or speculator (are the Hunt brothers still around?) sucessfully lobbied on these but their greed may have been their undoing.
<< <i>If I recall, I think last year the first one was released in late April/early May time frame. So I would expect them shortly, I would hope... >>
May was the issue time for the Mints P version last year. The first 2011 P puck. The bullion on the other hand should have been out there but the AP's still have 2011's. With the SAE bullion they turn their stock and are ready to order in January. Different duck here. This thing is going down in flames. Maybe congress will kill it. I'd love to get some low mintage 2012's out before they do
<< <i>I much prefer the large format for the subject matter being depicted. National park scenes would not look right on a half dollar since too much detail would be lost. I just don't think the Grand Canyon would look right on a smaller coin. >>
Isn't the master coin of the National Parks series actually a quarter?
<< <i>
<< <i>I much prefer the large format for the subject matter being depicted. National park scenes would not look right on a half dollar since too much detail would be lost. I just don't think the Grand Canyon would look right on a smaller coin. >>
Isn't the master coin of the National Parks series actually a quarter? >>
Yes and if you compare the quarter with its corresponding 5 oz coin you will see what I am saying---the larger format shows far more detail and looks far better.
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
<< <i>This whole program made no sense (to me).... just exonumia.... Cheers, RickO >>
No! they are legal tender U.S. coins issued by the U.S. Mint. You may not like them but let's not call then exonumia when they are clearly not. More accurate description would be Not Circulating Legal Tender or NCLT.
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
I knew it would happen.
Box of 20
Had they put Liberty on the front and a denomination of 5 dollars on the back, and I'd buy a few, as it stands I've never even seen one in person
Liberty: Parent of Science & Industry
<< <i>the 25 cent face value and the Washington quarter obverse never made sense to me.
Had they put Liberty on the front and a denomination of 5 dollars on the back, and I'd buy a few, as it stands I've never even seen one in person >>
Why does the denomination matter unless you think silver will drop below $1 per oz and then you can spend them for $5?
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
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
The Mint obviously blundered with how they released the 2010s, and trying to solve that w/ much larger mintages in 2011 and the release of the P-Pucks was just plain dumb. I agree with others that the series may become irrelevant similar to the spouse's, and hopefully that would translate into some low mintages.
Can't wait to buy the 2012s. Hopefully they come out with silver at $25/ oz!
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
<< <i>I apparently am in the minority here. I love the 5 oz BULLION ATBs. I buy them as bullion only, and if they turn into a collector piece later on that would be nice. I for one hope Congress does not stop the bullion series. I wouldn't mind seeing the P-Pucks discontinued though. >>
I'm in the minority as well then as I'm a big fan. It is interesting to note that within the last 24 hours or so with the silver dip, Provident Metals is out of inventory of all their 5 oz ATB's.
<< <i>
<< <i>I apparently am in the minority here. I love the 5 oz BULLION ATBs. I buy them as bullion only, and if they turn into a collector piece later on that would be nice. I for one hope Congress does not stop the bullion series. I wouldn't mind seeing the P-Pucks discontinued though. >>
I'm in the minority as well then as I'm a big fan. It is interesting to note that within the last 24 hours or so with the silver dip, Provident Metals is out of inventory of all their 5 oz ATB's. >>
Add me to your list. I have all 10 of the P mint issues and am looking foreward to the 2012 issues as well. They are a neat way to buy some silver and they are so large that they look like medals. Also, the subject matter lends itself to some artistic designs. The best thing is that every coin has a different design unlike a set of Morgan dollars or Lincoln cents where every coin looks the same.
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
<< <i>
<< <i>
<< <i>I apparently am in the minority here. I love the 5 oz BULLION ATBs. I buy them as bullion only, and if they turn into a collector piece later on that would be nice. I for one hope Congress does not stop the bullion series. I wouldn't mind seeing the P-Pucks discontinued though. >>
I'm in the minority as well then as I'm a big fan. It is interesting to note that within the last 24 hours or so with the silver dip, Provident Metals is out of inventory of all their 5 oz ATB's. >>
Add me to your list. I have all 10 of the P mint issues and am looking foreward to the 2012 issues as well. They are a neat way to buy some silver and they are so large that they look like medals. Also, the subject matter lends itself to some artistic designs. The best thing is that every coin has a different design unlike a set of Morgan dollars or Lincoln cents where every coin looks the same. >>
I have a lot of em. Many in multiples. Graded, Raw, Sealed in Boxes. Mint tubes of bullion. I'm an ATB junkie man!!!!!!!!
Add me to the list of fans.Still have a few sets of 2010.I would be crazy happy to see the mint lower the "P" mintages say to 7500 or less.You would see the sellouts return.The bullion coins might as well be dropped to 10k since that is all they are able to sell.JMHO
Oh yeah...the question I have is does anyone think that graded ms 70s will reach a price that would make me buy some at $499??
I'm going for all bullion in PCGS 69PL - I really like the PL look without DMPL costs
<< <i>Oh yeah...the question I have is does anyone think that graded ms 70s will reach a price that would make me buy some at $499?? >>
I am not aware of one ever grading a 70.
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<< <i>A dead series, but there will be some sleepers with really low mintages. The real question will be how many folks care. >>
James some have said it could be 40 to 50 years before these have any real value, what's your take on the time frame?
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<< <i>
I'm in the minority as well then as I'm a big fan. It is interesting to note that within the last 24 hours or so with the silver dip, Provident Metals is out of inventory of all their 5 oz ATB's. >>
Maybe it's because silver has fallen below the price they bought at, and so they pulled their inventory so they don't sell at at a loss.
<< <i>I guess I'm also in "I do" crowd.
I'm going for all bullion in PCGS 69PL - I really like the PL look without DMPL costs
What would be a good price to pay? Seeing prices all over the place. Also what was the mint price at issue for 2010s? Thanks!
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<< <i>
<< <i>I guess I'm also in "I do" crowd.
I'm going for all bullion in PCGS 69PL - I really like the PL look without DMPL costs
What would be a good price to pay? Seeing prices all over the place. Also what was the mint price at issue for 2010s? Thanks! >>
The bullion wasn't sold via the Mint only some select vendors, most of the sets of 5 went for a little under a grand.
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Box of 20
That volcano would look good on one of these large coins.
<< <i>If continued, the 2012 series would include the HI coin.
That volcano would look good on one of these large coins. >>
Hope you don't get burned.