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2015 Limited Edition Silver Proof Set Canceled

KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭
Link to the Coin Update article.



Packaging problems delayed the November release. Now the Silver Content Legislation put a fork in the product. All other products that included the 2015 ASE are also affected.



I'm not sure this series holds much support here in the forum.



Update, 12/12/15: Tom Jurkowsky, Director of the Mint’s Office of Corporate Communications, responded to a query from Coin Update regarding the set’s cancellation: “The Mint was working well towards resolving the packaging issue. However, because of the recently passed legislation, the product would not have been able to be offered in 2016. Accordingly, the decision was made to cancel the offering.”


Comments

  • pf70collectorpf70collector Posts: 6,706 ✭✭✭
    They were supposed to make a reverse proof set also this year. Guess not.
  • CaptHenwayCaptHenway Posts: 32,564 ✭✭✭✭✭
    Originally posted by: Kudbegud

    Link to the Coin Update article.



    Packaging problems delayed the November release. Now the Silver Content Legislation put a fork in the product. All other products that included the 2015 ASE are also affected.



    I'm not sure this series holds much support here in the forum.



    Update, 12/12/15: Tom Jurkowsky, Director of the Mint’s Office of Corporate Communications, responded to a query from Coin Update regarding the set’s cancellation: “The Mint was working well towards resolving the packaging issue. However, because of the recently passed legislation, the product would not have been able to be offered in 2016. Accordingly, the decision was made to cancel the offering.”





    Apparently the new law was poorly written, and requires that all collector issue (Proof and Uncirculated) silver eagles issued in calendar year 2016 have the lettered edge without reeding. It did not allow for the sale of existing stocks of older-date coins still in inventory.



    TD
    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.

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