Category Archives: West Point Mint

1986 American Silver Eagle Bullion Coin : History and Value

 

1986 American Silver Eagle.

With the American Silver Eagle, the United States Enters the Bullion Coin Business

The American Silver Eagle is a one ounce silver bullion coin, produced by the United States Mint under the authority of the 1985 Liberty Coin Act (Public Law 99-61 – PDF Link).

Congress’s intent for producing the coin was born out of a desire to deplete the Federal Government’s massive silver stockpile, which at the time exceeded 139 million ounces.[1]The Liberty Coin Act called for the Mint to strike .999 fine silver coins measuring 40.6 millimeters in diameter and weighing 31.103 grams. The coin was to feature a design “symbolic of Liberty on the obverse side; and… of an eagle on the reverse side…”[2]

John Mercanti, the former Chief Engraver of the U.S. Mint and designer of the American Silver Eagle reverse, says in his 2012 book American Silver Eagles: A Guide to the U.S. Bullion Coin Program that the coin’s obverse design (featuring Adolph Weinman’s “Walking Liberty”) was predetermined – although he didn’t know by whom.[3] Research published later established that the choice to use the Weinman design on the American Silver Eagle, as well as the Saint-Gaudens Double Eagle design on the American Gold Eagle, was made almost immediately as the Mint did not have a sufficient amount of time to develop designs from outside artists.

But even with the convenience of having a classic design ready to use, a series of technical challenges had to be overcome to get the coin to fully strike up, and by the time it was finally ready, 1986 was almost over. The first coins didn’t roll off the press until Secretary of the Treasury James Baker initiated Coin Press 105 at the United States Assay Office in San Francisco at a striking ceremony for the coin held on October 29, 1986.[4] A number of coins were struck for and by VIPs in attendance.

November sales totaled 1,400,000 pieces, and 3,696,000 American Silver Eagles were sold in December.[5]

1986-dated Eagles were produced in two finishes: a bullion strike, which bore no mintmark but was struck exclusively at the San Francisco Mint (a fact the numismatic community did not know until a 2020 Freedom of Information Act (FOIA) request was fulfilled by the government, leading to a lengthy Coin World feature article by veteran journalist Paul Gilkes); and a Proof issue, which also was struck exclusively at San Francisco but did bear the ‘S’ mintmark.

The 1986 American Silver Eagle: A Popular Collector Coin and a Cautionary Tale of Vanishing Value

The American Silver Eagle is a bullion coin that is both widely held as a commodity and traded as a collectible. As a bullion play, American Silver Eagles from any date are seen as interchangeable. As a collectible, however, the first-year issue 1986 bullion strike is usually offered at a 15-30% premium over generic issues struck throughout the series’ 37-year run. This premium puts the 1986 issue on or near par with the scarcer bullion strike issues of 1995 and 1997.

With a mintage of 5,393,005 pieces, one should not confuse the 1986 American Silver Eagle with a scarce or rare coin. Pay a couple of dollars “numismatic premium” over spot for raw examples that come especially nice. Otherwise, pass.

Certified examples do carry a premium over raw ones and a very interesting story can be told about them.

To understand today’s pricing levels we must first take a step back and look at the certified Silver Eagle scene of 2013-2015.

Through the end of 2013, PCGS and NGC treated the 1986 American Silver Eagle (as well as other 1980s and early ’90s issues) differently. NGC owned a lion’s share of the market and represented in their census report bullion strikes in the grades MS69 and MS70. Some dates were tougher than others, but no dates were prohibitively rare.

PCGS took a different approach. While PCGS’ submission numbers for American Silver Eagles were lower, there were some dates where MS69 was the highest grade that submitters could reasonably expect to earn. So stingy was the PCGS policy pertaining to certifying MS70s that some dates had no MS70 coins, and others had MS70 populations in the single digits.

1986 was one of the latter dates, and for a time, the PCGS population of MS70 coins sat at just three.

In February 2013, Heritage Auctions sold one of those three PCGS MS70 coins for the brain-cracking sum of $21,150 USD. In the NGC white core holder, with a population of just over 1,200, the same coin would sell for about $775. The Heritage sale was not an outlier. Two years later, with the population still at three, GreatCollections sold another 1986 PCGS MS70 coin for $22,000.

Then something changed. In the summer of 2015, PCGS certified 30 Silver Eagles dated 1986 as MS70. The price level dropped to $5,000.

An insider bulk submitter told us on background at the time that the company was now giving out grades that it previously wouldn’t, and that this led to their company increasing the number of bulk submissions that they would give to PCGS. This is not to suggest the PCGS had told him that they would grade coins looser, just that his recent Monster Box submissions were netting a handful of valuable MS70 coins.

The 1986 Silver Eagle wasn’t the only conditional rarity date to see the impact of this seeming shift in direction.

While the service has never explicitly stated that it would not grade American Silver Eagles at 70, we believe that the milk spotting issue may have played a major factor in the company’s dearth of perfect coins.

We also observed, through cert number analysis, that several of the low-pop 70 issues saw the 70-graded coins come in groupings from a handful of submissions. For one date, half of all of the 70s came from one monster box and every coin in that Monster Box was represented after CoinWeek conducted a sequential cert number analysis.

Moving ahead to the present day, we see that PCGS MS70 Silver Eagles from 1986 have advanced to the point where NGC was in the fall of 2014. Current pop data published on PCGS CoinFacts shows 1,763 MS70s. CoinWeek’s market research puts the pricing level of these coins at between $750 and $800.

While we’re not in the habit of patting ourselves on the back when it comes to coin market analysis, we did predict a collapse in the 1986 MS70 price after the 2013 Heritage sale, writing that “[s]afer money could be probably be ‘invested’ elsewhere.” We held firm to that belief even when, in April 2015, GreatCollections sold another example for $22,000. We said the same thing about the record-breaking 1995-W American Silver Eagle, which we called a “burial coin” (the owner would be “buried” in it at that level).

Now that we see a sustainable yield for MS69 and MS70 coins from both services, we believe that prices for PCGS- and NGC-certified Silver Eagles will approach equilibrium. NGC maintains a clear lead on the number of submissions, due in large part to long-term relationships they have developed with major submitters of modern bullion material.

The 1986 American Silver Eagle and the Phantom “S” Mintmark Designation

Since the 2020 disclosure mentioned above that all Uncirculated strike American Silver Eagles came from the San Francisco Mint, the grading services have allowed submitters to market coins with the parenthetic “(S)” label. Coins in those holders are no different than the rest of the certified population. They do not warrant a special premium for the notation.

Design

Obverse:

Adolph A. Weinman’s Lady Liberty is depicted mid stride. She is seen as a full-body figure, dressed in a flowing gown, and draped with a large billowing American flag. She holds laurel and oak branches in her left hand that symbolize the civil and military glories of America, respectively. As Liberty strides confidently towards the rising sun, she also reaches out and presents a welcoming and open hand. So large is Lady Liberty that she is superimposed over the obverse legend “LIBERTY” ringing the obverse – in fact, she obscures half of the “BE” and almost the entire “R”. Above Liberty’s outstretched rear foot is IN GOD WE TRUST and below her is the date (1986).

The design bears a notable resemblance to sculptor Oscar Roty’s The Sower, a common image on French coins. Numismatist Roger Burdette posited in his book Renaissance of American Coinage (2007) that this was not a coincidence and while Adolph Weinman did not directly copy, he did derive significant inspiration from Roty’s work. Weinman’s Liberty Walking design quickly became one of America’s most iconic numismatic images and would be used with minor modifications on the American Silver Eagle bullion coin starting in 1986.

Reverse:

John Mercanti’s Heraldic Eagle is positioned at the center of the reverse. Clutched in its beak is a ribbon that bears the motto: E PLURIBUS UNUM. Above its head, is a constellation of thirteen stars configured in an upside-down pyramid formation. Wrapping around the design is the legend (top): UNITED STATES OF AMERICA; and the fineness and denomination (bottom): 1 OZ. FINE SILVER. ONE DOLLAR.

Edge:

The edge of the 1986 American Silver Eagle bullion coin is reeded.

Coin Specifications

American Silver Eagle Bullion Coin
Year Of Issue: 1986
Mintage: 5,393,005
Alloy: 99.9% silver
Weight: 31.10 grams
Diameter: 40.60 mm
Edge: Reeded
OBV Designer Adolph A. Weinman
REV Designer John M. Mercanti

 

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Notes

[1] http://www.gao.gov/products/LCD-79-410. First accessed 1/31/15.

[2] “Liberty Coin Act” (PL 99-61, July 9, 1985). 99th Congress. 99 STAT. 113.

[3] Mercanti, John. American Silver Eagles: A Guide to the U.S. Bullion Coin Program. Whitman Publishing, LLC. Atlanta, Georgia. 2012. 24, 29-31.

[4] Rochette, Ed. “Sales Start Slowly for the New Silver Eagle Dollars”, Chicago Sun-Times. December 28, 1986.

[5]  http://www.usmint.gov/about_the_mint/index.cfm?action=PreciousMetals&type=bullion. First accessed 1/31/15.

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The post 1986 American Silver Eagle Bullion Coin : History and Value appeared first on CoinWeek: Rare Coin, Currency, and Bullion News for Collectors.

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1974 Lincoln Memorial Cent : A Collector’s Guide | CoinWeek

 

1974-D Lincoln Cent. Image: CoinWeek.
1974-D Lincoln Cent. Image: CoinWeek.

1974 was an interesting year in the annals of numismatic history. The country was putting the finishing touches on its planned Bicentennial celebrations. The United States Mint was gearing up to produce a range of commemorative coins and medals to mark the occasion. The year would also mark the final Blue and Brown Pack silver-clad Ike dollar issues and the Mint was hard at work contemplating the future of the country’s longest-serving denomination, the cent.

From 1971 to 1974, cent production increased dramatically, exacerbating a trend that began in the mid-1960s when the Mint transitioned from silver to clad coinage. Cent demand was so high by the late 1960s, that the Mint resumed production of circulating cent coinage at the San Fransico Assay Office in 1968. By 1974, demand for cents had gotten so high, that the Mint began to use the West Point Bullion Depository to strike cents as well. By the end of the year, West Point would contribute 128,957,523 cents toward Philadelphia’s reported mintage of 4,232,140,523. The West Point cents carry no mintmark and as far as we know, cannot be differentiated from coins struck at Philadelphia.

If original unopened mint bags of 1974 cents are ever located and can be traced to the facility, we would expect these coins to bring significant premiums over their Philadelphia Mint counterparts and that the third party certification industry would identify the coins as 1974 (W).

Complicating matters was a trend of volatility in the copper market.

Copper prices rose by 43% from 1969 to 1970, before erasing most of those gains by the start of ’71. From 1971 to ’74, however, copper prices rose year to year reaching almost 86 cents a pound at the start of ’74.

To address this issue, the Mint began to investigate ways to lower the cost of cent production, settling on a 96% aluminum alloy as a possible replacement to bronze.

In total, the Mint struck approximately 1.5 million 1974-dated aluminum cents at the end of 1973. On March 27, the coins were reviewed by the Consumer Affairs subcommittee of the House of Representatives. After extended deliberation and pressure from the vending industry, Congress rejected the aluminum alloy, but did, on October 11, authorize the Secretary of the Treasury to reduce the amount of copper in the cent. By the end of 1974, copper prices receded to an acceptable level and the bronze alloy remained in use through the remainder of the decade.

In 1982, the issue would be revisited and a new alloy made of copper-plated zinc would replace the bronze cent.

How Much is the 1974 Lincoln Cent Worth?

Uncirculated Brown or Muted Red (Red Brown) Philly business strikes in high Mint State (above MS-65) can sell for anywhere from $10 to $15. Unless these coins are spectacularly toned, these coins have no foreseeable upside and should be avoided as a sufficient number of vibrant red examples survive.

In full Mint State Red, MS65 examples have a value of between $10 and $20. The value of the 1974 Lincoln cent edges up by a few dollars in MS66 Red. Our expected value of a coin in this grade is between $20 and $30. These prices are more or less equivalent to the cost of submitting the coin for grading. 1974 cents have a larger premium in MS67 Red. One excellent example was sold in March 2020 at a David Lawrence Rare Coins online auction for $90.

PCGS and NGC report a combined population of just two coins in MS68 Red (one each). With no public data available, it is a fool’s errand to try to ascertain a price for either of these pieces. But at just half a grade down, in MS67+ Red, two recent Legend Rare Coin Auctions results of $911 each suggest that a top pop 1974 Lincoln cent would easily realize a price exceeding $1,000 at auction.

As for the value of the priceless 1974 Aluminum cent patterns? This is a question we are asked quite frequently at CoinWeek. It is nearly impossible to quantify how unlikely it is that an authentic example heretofore unknown by the numismatic community would turn up, but it is possible. Of the 1.5 million examples struck, 11 are believed to be outstanding, and of that 11 only two are known.

One is currently on display at the Smithsonian Institution’s Value of Money Exhibit and is permanently impounded in the National Numismatic Collection, a donation of the United States Mint. The second example was discovered in 1973, reportedly by Albert Toven, a U.S. Capitol police officer. According to the story, the coin was dropped by a government official after a Congressional hearing on the efficacy of replacing the bronze alloy with an aluminum alloy. When Toven offered it back to the official, the official told Toven he could keep it.

This story has been published and repeated multiple times throughout the years but has all of the earmarks of a cover story. One told to “legalize” the private ownership of a pattern coin that was not officially released to the public. This example remains in private hands and was authenticated by PCGS in October 2005 and given the grade MS62. The value of this example likely exceeds six figures, but given its legally questionable status, a potential buyer would be advised to exercise caution when making an offer, or placing a bid as a protracted legal fight over the status of a privately-held 1974-D aluminum cent resulted in the coin being returned to the government.

Design

Obverse:

The obverse of the 1974 Lincoln cent was designed by Victor David Brenner and appears largely as it did when the type was first minted in 1909. The main difference on the 1974 obverse versus the 1909 version is the location of Brenners’ initials, V.D.B., which were added under Lincoln’s bust in 1918 after their removal from the reverse in late 1909. The date, 1974, appears to the right of Lincoln, and the motto IN GOD WE TRUST appears above the president.  On the left of the 16th president is the word LIBERTY.

Reverse:

Frank Gasparro designed the 1959 Lincoln Memorial reverse that replaced the original 1909 Brenner wheat stalk design. Gasparro’s initials FG appear on the lower-right side of the Lincoln Memorial. Below the edifice and along the rim are the words ONE CENT, while the legend UNITED STATES OF AMERICA run along the top half of the reverse along the rim. Between the top of the Lincoln Memorial and UNITED STATES OF AMERICA inscription is the motto E PLURIBUS UNUM.

Edge:

The edge of the 1974 Lincoln cent is plain or smooth, without reeding or lettering.

1974 Lincoln Cent Designers

Lithuanian-born coin designer Victor David Brenner is best known for his iconic design for the Lincoln cent (1909-Present) (View Designer’s Profile).

Frank Gasparro was an American medalist and coin designer (View Designer’s Profile).

Coin Specifications

Country:  USA
Year Of Issue:  1974
Denomination:  One Cent
Mint Mark:  None
Mintage: 4,232,140,523 (includes 128,957,523 struck at the West Point Bullion Depository)
Alloy:  95% copper, %5 tin and zinc
Weight:  3.11 g
Diameter:  19.05 mm
Edge:  Plain
OBV Designer  Victor David Brenner
REV Designer  Frank Gasparro
Quality:  Business Strike

 

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2016-W Mercury Dime Centennial Gold Coin : A Collector’s Guide

 

2016-W Mercury Dime. Image: CoinWeek
2016-W Mercury Dime. Image: CoinWeek

What Is the 2016-W Mercury Dime Centennial Gold Coin?

In 1916, Americans were introduced to three iconic U.S. coin designs: the Mercury or Winged Liberty dime, the Walking Liberty half dollar, and the Standing Liberty quarter. To mark the centennial of the release of these three coins, the United States Mint issued new versions of each in 24-karat (.9999 fine) gold struck at the West Point Mint. Each coin was reworked using state-of-the-art digital design tools and features the date “2016” on the obverse. The reverse of each centennial coin also denotes the coin’s weight and composition.

The 2016-W Mercury Dime Centennial gold coin was released on April 21, 2016. It was struck in an Uncirculated finish so as to resemble the 1916 dime. Its diameter (16.50 mm) is close to that of a regular Mercury dime (17.90 mm) despite containing one-tenth of an ounce of gold – a symbolic nod to the dime’s 10-cent denomination.

Besides describing some of the differences between the new coin and the original, the following video provides a 4K hands-on experience with a “perfect” example certified by NGC as SP70.

A Brief History of the Mercury (Winged Liberty) Dime

The original Winged Liberty dime entered circulation at the end of October 1916 and remained in production for nearly 30 years. Alongside the Walking Liberty half dollar and Standing Liberty quarter, it joined the Indian Head (Buffalo) nickel, the Lincoln cent, the Indian $2.50 quarter eagle and $5 half eagle gold coins, and the Saint-Gaudens $10 eagle and $20 double eagle gold coins in circulation.

It was truly a golden age of U.S. coin design.

Adolph Weinman’s elegant design for the Mercury dime drew heavily from the French Beaux Arts movement of the late 19th century. Its release immediately preceded the Roosevelt dime (1946-Present), and it was the last U.S. dime to be struck entirely in .900 silver.

Heralded for its beauty, the Winged Liberty dime–often referred to as the Mercury dime due to its classically inspired headgear–saw the country through both World Wars and the Great Depression. Its unmistakable design was attached to both the March of Dimes anti-polio campaign and countless Charles Atlas advertisements found in the back of comic books and magazines. When “Yip” Harburg wrote the song “Brother, Can You Spare a Dime?”, it was the Mercury dime he was talking about.

The dime’s use in circulation carried on without incident. The design didn’t have the striking problems of the Buffalo nickel or the Walking Liberty half. Although specialists might seek out perfectly struck examples with Full Split Bands on the reverse (scarce for some issues), the Mercury dime is remembered as an elegant and practical coin; a successful coin that served its purpose and elevated the image of American money.

The Mercury dime’s term of service came to an unexpected end when, on April 12, 1945, President Franklin Delano Roosevelt died. Frail and aged beyond his 63 years, Roosevelt suffered a massive cerebral hemorrhage while on vacation in Georgia. His death reverberated throughout America and the world.

Almost immediately, a movement began to honor Roosevelt on a circulating coin. The dime was the obvious choice as the denomination recalled both Franklin’s battle with polio and his work with the March of Dimes, and on May 17, Treasury Secretary Henry Morgenthau, Jr. announced that the Winged Liberty design would be replaced by a new design featuring the portrait of the late president.

So with that, the stellar 30-year run of the Winged Liberty or Mercury Head dime came to an end. Steadily, the coins in circulation wore down, Mint State examples were hoarded, rare dates and varieties were cherrypicked, and by the time silver coins exited the scene in the mid to late 1960s, only the most worn examples continued to circulate.

2016dimebox

Release, Sellout, and Re-Release of the 2016-W Mercury Dime Centennial Gold Coin

As stated earlier, the 2016-W Mercury Dime gold coin was released on April 21, 2016. Priced at $205 USD according to the Mint’s pricing schedule for gold and platinum products at the time, it had a mintage limit of 125,000 pieces and an initial order limit of 10 coins per household. Each piece was sealed in a circular capsule and came with an elegant, custom-designed black-matte hardwood presentation case and a Certificate of Authenticity.

Within 15 minutes of the coin’s noon Eastern Time release on the Mint’s website, the order status had already been changed to “Backorder”. Less than an hour after its release, the 2016-W Mercury Dime gold coin was listed as “Unavailable” by 12:45 PM. This meant that all available inventory had been allotted to fill customer orders and was not quite the same as a complete lack of the entire authorized mintage.

But like any other product, some of these orders were soon canceled, either by the Mint (payment failed to process, bad account information, etc.) or by customers themselves. According to CoinWeek’s news coverage, the Mint reported sales of 122,510 coins out of the 125,000 total mintage by Sunday, April 24. And after customers had time to receive their coins in the mail, returns began to come back. Because of these factors, the Mint still had 8,889 pieces by the middle of the year.

Frustratingly for collectors, however, the Mint did not make these available for purchase and had no set plans to do so. Adding to collector anxiety was the fact that the Mint’s pricing schedule was subject to change, and every additional week of delay meant that the price could be much higher than it was upon initial release (it could also have been lower, but that is beside the point).

It wasn’t until the end of the year that the U.S. Mint announced the resumption of sales of the 2016-W Mercury Dime Centennial gold coin on December 15. After being criticised for the original order limit of 10 per “household”–an arrangement that many felt favored dealers and bulk buyers at the expense of regular collectors–the Mint sold these final coins at one per household.

A final total mintage of 124,885 was eventually reported – 115 less than the maximum.

Certified Populations of the 2016-W Mercury Dime Centennial Gold Coin in Today’s Market

Since it began grading and authenticating U.S. coins in June 2023, CAC has yet to certify any 2016-W Mercury Dime gold coins.

Categorized as an Anniversary Coin, NGC reports a total of 27,709 certified grading events at the time of publication. The top pop grade of Specimen 70 (SP70) accounts for most of them, with 24,839 examples. Two thousand, eight hundred and fifty-five coins are listed as SP69, 11 are graded SP68, and three are reported at SP67. This kind of top-heavy certified population pyramid is seen with modern collector coin issues that are bought in bulk with the express purpose of grading and immediately reselling them – i.e., “flipping”.

The auction record for any 2016-W Mercury Dime Centennial gold coin is $2,000 for a specimen certified NGC Genuine that was sold in November 2019 on eBay.

As far as NGC-certified SP70s go, Stack’s Bowers sold an example for $384 in June 2023, but prices from 2022 average to about $400.
Prices for the same grade in 2021 average to around $350. And looking at auction records from 2020, when more NGC examples were sold than PCGS specimens, the average price for an NGC SP70 2016-W Mercury Dime gold coin is almost $320. Appreciation in the secondary market appears steady, with premiums gaining on $200 over the initial retail price – a doubling of value over seven years.

Also at the time of publication, PCGS has graded a total of 31,984 2016-W Mercury Dime gold coins. The vast majority of those coins–28,958–achieved a perfect grade of SP70. The numbers drop exponentially as we go down to “merely” Gem quality, with 3,001 reported at SP69, 22 listed at SP68, and two given for SP67. PCGS categorizes the gold Mercury dime, the gold Standing Liberty quarter, and the gold Walking Liberty half dollar as the 2016 Centennial Series.

PCGS-certified SP70 examples have tended to fare slightly better than those graded by NGC in recent public sales. Most of the gold Mercury Dimes sold in 2023 so far have been in PCGS holders, and those prices average to over $420. The year 2022 saw auction lots more evenly split between PCGS and NGC, and PCGS prices averaged to a little over $400. PCGS SP70 specimens sold for an average of $370 in 2021, and almost $340 the year prior. The pricing trend is almost identical to that of NGC-certified SP70s, with just a slight bump (~$20) in premium.

Design

US Modern Coin Profiles – 2016-W Mercury Dime Centennial Gold Coin

What Is the 2016-W Mercury Dime Centennial Gold Coin?

In 1916, Americans were introduced to three iconic U.S. coin designs: the Mercury or Winged Liberty dime, the Walking Liberty half dollar, and the Standing Liberty quarter. To mark the centennial of the release of these three coins, the United States Mint issued new versions of each in 24-karat (.9999 fine) gold struck at the West Point Mint. Each coin was reworked using state-of-the-art digital design tools and features the date “2016” on the obverse. The reverse of each centennial coin also denotes the coin’s weight and composition.

The 2016-W Mercury Dime Centennial gold coin was released on April 21, 2016. It was struck in an Uncirculated finish so as to resemble the 1916 dime. Its diameter (16.50 mm) is close to that of a regular Mercury dime (17.90 mm) despite containing one-tenth of an ounce of gold – a symbolic nod to the dime’s 10-cent denomination.

Besides describing some of the differences between the new coin and the original, the following video provides a 4K hands-on experience with a “perfect” example certified by NGC as SP70.

A Brief History of the Mercury (Winged Liberty) Dime

The original Winged Liberty dime entered circulation at the end of October 1916 and remained in production for nearly 30 years. Alongside the Walking Liberty half dollar and Standing Liberty quarter, it joined the Indian Head (Buffalo) nickel, the Lincoln cent, the Indian $2.50 quarter eagle and $5 half eagle gold coins, and the Saint-Gaudens $10 eagle and $20 double eagle gold coins in circulation.

It was truly a golden age of U.S. coin design.

Adolph Weinman’s elegant design for the Mercury dime drew heavily from the French Beaux Arts movement of the late 19th century. Its release immediately preceded the Roosevelt dime (1946-Present), and it was the last U.S. dime to be struck entirely in .900 silver.

Heralded for its beauty, the Winged Liberty dime–often referred to as the Mercury dime due to its classically inspired headgear–saw the country through both World Wars and the Great Depression. Its unmistakable design was attached to both the March of Dimes anti-polio campaign and countless Charles Atlas advertisements found in the back of comic books and magazines. When “Yip” Harburg wrote the song “Brother, Can You Spare a Dime?”, it was the Mercury dime he was talking about.

The dime’s use in circulation carried on without incident. The design didn’t have the striking problems of the Buffalo nickel or the Walking Liberty half. Although specialists might seek out perfectly struck examples with Full Split Bands on the reverse (scarce for some issues), the Mercury dime is remembered as an elegant and practical coin; a successful coin that served its purpose and elevated the image of American money.

The Mercury dime’s term of service came to an unexpected end when, on April 12, 1945, President Franklin Delano Roosevelt died. Frail and aged beyond his 63 years, Roosevelt suffered a massive cerebral hemorrhage while on vacation in Georgia. His death reverberated throughout America and the world.

Almost immediately, a movement began to honor Roosevelt on a circulating coin. The dime was the obvious choice as the denomination recalled both Franklin’s battle with polio and his work with the March of Dimes, and on May 17, Treasury Secretary Henry Morgenthau, Jr. announced that the Winged Liberty design would be replaced by a new design featuring the portrait of the late president.

So with that, the stellar 30-year run of the Winged Liberty or Mercury Head dime came to an end. Steadily, the coins in circulation wore down, Mint State examples were hoarded, rare dates and varieties were cherrypicked, and by the time silver coins exited the scene in the mid to late 1960s, only the most worn examples continued to circulate.

2016dimebox

Release, Sellout, and Re-Release of the 2016-W Mercury Dime Centennial Gold Coin

As stated earlier, the 2016-W Mercury Dime gold coin was released on April 21, 2016. Priced at $205 USD according to the Mint’s pricing schedule for gold and platinum products at the time, it had a mintage limit of 125,000 pieces and an initial order limit of 10 coins per household. Each piece was sealed in a circular capsule and came with an elegant, custom-designed black-matte hardwood presentation case and a Certificate of Authenticity.

Within 15 minutes of the coin’s noon Eastern Time release on the Mint’s website, the order status had already been changed to “Backorder”. Less than an hour after its release, the 2016-W Mercury Dime gold coin was listed as “Unavailable” by 12:45 PM. This meant that all available inventory had been allotted to fill customer orders and was not quite the same as a complete lack of the entire authorized mintage.

But like any other product, some of these orders were soon canceled, either by the Mint (payment failed to process, bad account information, etc.) or by customers themselves. According to CoinWeek’s news coverage, the Mint reported sales of 122,510 coins out of the 125,000 total mintage by Sunday, April 24. And after customers had time to receive their coins in the mail, returns began to come back. Because of these factors, the Mint still had 8,889 pieces by the middle of the year.

Frustratingly for collectors, however, the Mint did not make these available for purchase and had no set plans to do so. Adding to collector anxiety was the fact that the Mint’s pricing schedule was subject to change, and every additional week of delay meant that the price could be much higher than it was upon initial release (it could also have been lower, but that is beside the point).

It wasn’t until the end of the year that the U.S. Mint announced the resumption of sales of the 2016-W Mercury Dime Centennial gold coin on December 15. After being criticised for the original order limit of 10 per “household”–an arrangement that many felt favored dealers and bulk buyers at the expense of regular collectors–the Mint sold these final coins at one per household.

A final total mintage of 124,885 was eventually reported – 115 less than the maximum.

Certified Populations of the 2016-W Mercury Dime Centennial Gold Coin in Today’s Market

Since it began grading and authenticating U.S. coins in June 2023, CAC has yet to certify any 2016-W Mercury Dime gold coins.

Categorized as an Anniversary Coin, NGC reports a total of 27,709 certified grading events at the time of publication. The top pop grade of Specimen 70 (SP70) accounts for most of them, with 24,839 examples. Two thousand, eight hundred and fifty-five coins are listed as SP69, 11 are graded SP68, and three are reported at SP67. This kind of top-heavy certified population pyramid is seen with modern collector coin issues that are bought in bulk with the express purpose of grading and immediately reselling them – i.e., “flipping”.

The auction record for any 2016-W Mercury Dime Centennial gold coin is $2,000 for a specimen certified NGC Genuine that was sold in November 2019 on eBay.

As far as NGC-certified SP70s go, Stack’s Bowers sold an example for $384 in June 2023, but prices from 2022 average to about $400.
Prices for the same grade in 2021 average to around $350. And looking at auction records from 2020, when more NGC examples were sold than PCGS specimens, the average price for an NGC SP70 2016-W Mercury Dime gold coin is almost $320. Appreciation in the secondary market appears steady, with premiums gaining on $200 over the initial retail price – a doubling of value over seven years.

Also at the time of publication, PCGS has graded a total of 31,984 2016-W Mercury Dime gold coins. The vast majority of those coins–28,958–achieved a perfect grade of SP70. The numbers drop exponentially as we go down to “merely” Gem quality, with 3,001 reported at SP69, 22 listed at SP68, and two given for SP67. PCGS categorizes the gold Mercury dime, the gold Standing Liberty quarter, and the gold Walking Liberty half dollar as the 2016 Centennial Series.

PCGS-certified SP70 examples have tended to fare slightly better than those graded by NGC in recent public sales. Most of the gold Mercury Dimes sold in 2023 so far have been in PCGS holders, and those prices average to over $420. The year 2022 saw auction lots more evenly split between PCGS and NGC, and PCGS prices averaged to a little over $400. PCGS SP70 specimens sold for an average of $370 in 2021, and almost $340 the year prior. The pricing trend is almost identical to that of NGC-certified SP70s, with just a slight bump (~$20) in premium.

Design

Obverse:

Drawn from Adolph A. Weinman’s original design, but not identical. The 2016 version features Liberty (of Thought) facing to the left. A winged cap adorns her head, tufts of hair curl around the base of the pileus cap on her forehead and behind her ear. A braid of hair wraps around the base of her neck. LIBERTY wraps around the top of the coin with letters spaced apart.

The letters E and R are partially obstructed by Liberty’s cap. The designer’s initials (W surmounting A) for “Adolph Weinman” appears behind Liberty’s neck below and to the left of the Y in LIBERTY. The date “2016” appears below the bust truncation, to the rear. A subtle basin creates a dish-like appearance in the field.

Reverse:

As is the case with the obverse, the reverse is adapted from Weinman. In the center, fasces. An axe blade faces to the left. A curvilinear branch of olive leaves wraps behind the fasces. 2016_gold_merc_revWrapping around the top of the design is the legend: UNITED · STATES · OF · AMERICA. Wrapping around the bottom of the design is the denomination: ONE DIME. Two five-pointed stars separate the legend from the denomination. The W mint mark of the West Point Mint is located to the right of ONE. The motto “E PLURIBUS UNUM” (OUT OF MANY, ONE) appears to the right of the fasces, slightly below center. Below the motto, the coin’s composition and weight is described:  AU 24K (.9999 Fine) 1/10 OZ. The field is slightly dish-like.

Edge:

The 2016-W Mercury Dime Centennial Gold Coin has reeded edges that resemble the edge reeding on the 1/10th-ounce American Gold Eagle bullion coin. This reeding is more pronounced and precise than the reeding on an original business strike Winged Liberty silver dime.

Coin Specifications

Country:  United States
Year Of Issue:  2016
Denomination:  Gold 10c
Mint Mark:  W
Mintage:  124,885
Alloy:  .9999 Fine Gold
Weight:  0.10 oz
Diameter:  16.50 mm
Thickness:  1.19 mm
Edge:  Reeded
OBV Designer  Adolph A. Weinman
REV Designer  Adolph A. Weinman
Quality:  Uncirculated

 

* * *

Obverse:

Drawn from Adolph A. Weinman’s original design, but not identical. The 2016 version features Liberty (of Thought) facing to the left. A winged cap adorns her head, tufts of hair curl around the base of the pileus cap on her forehead and behind her ear. A braid of hair wraps around the base of her neck. LIBERTY wraps around the top of the coin with letters spaced apart.

The letters E and R are partially obstructed by Liberty’s cap. The designer’s initials (W surmounting A) for “Adolph Weinman” appears behind Liberty’s neck below and to the left of the Y in LIBERTY. The date “2016” appears below the bust truncation, to the rear. A subtle basin creates a dish-like appearance in the field.

Reverse:

As is the case with the obverse, the reverse is adapted from Weinman. In the center, fasces. An axe blade faces to the left. A curvilinear branch of olive leaves wraps behind the fasces. 2016_gold_merc_revWrapping around the top of the design is the legend: UNITED · STATES · OF · AMERICA. Wrapping around the bottom of the design is the denomination: ONE DIME. Two five-pointed stars separate the legend from the denomination. The W mint mark of the West Point Mint is located to the right of ONE. The motto “E PLURIBUS UNUM” (OUT OF MANY, ONE) appears to the right of the fasces, slightly below center. Below the motto, the coin’s composition and weight is described:  AU 24K (.9999 Fine) 1/10 OZ. The field is slightly dish-like.

Edge:

The 2016-W Mercury Dime Centennial Gold Coin has reeded edges that resemble the edge reeding on the 1/10th-ounce American Gold Eagle bullion coin. This reeding is more pronounced and precise than the reeding on an original business strike Winged Liberty silver dime.

Coin Specifications

Country:  United States
Year Of Issue:  2016
Denomination:  Gold 10c
Mint Mark:  W
Mintage:  124,885
Alloy:  .9999 Fine Gold
Weight:  0.10 oz
Diameter:  16.50 mm
Thickness:  1.19 mm
Edge:  Reeded
OBV Designer  Adolph A. Weinman
REV Designer  Adolph A. Weinman
Quality:  Uncirculated

 

* * *

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2023 American Silver Eagle Uncirculated Coin Available May 25

The United States Mint 2023 American Silver Eagle One Ounce Uncirculated Coin, produced at the Mint’s West Point facility, will be released on May 25 at noon EDT, with orders limited to 10 coins per household for the first 24-hour sales period. The American Silver Eagle Uncirculated Coin is the collector version of the official […]

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2023 US Mint American Eagle Gold Proof Coins On Sale March 30

The United States Mint announces the opening of sales for the 2023 American Eagle Gold Proof Coins on March 30 at noon EDT. Orders are limited to three items per product code per household for the first 24 hours from the on-sale date and time. Struck in 22-karat gold at the West Point Mint, these […]

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2023 Congratulations Set With Silver Eagle Proof on Sale March 2

The 2023 United States Mint Congratulations Set will be available for purchase beginning on March 2, 2023, at noon EST. Production is limited to 40,000 sets. Orders are limited to three sets per household. Priced at $82 USD, this unique set is perfect for celebrating any special occasion or milestone. The set features a 2023-dated […]

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2023 Congratulations Set With Silver Eagle Proof on Sale March 2

The 2023 United States Mint Congratulations Set will be available for purchase beginning on March 2, 2023, at noon EST. Production is limited to 40,000 sets. Orders are limited to three sets per household. Priced at $82 USD, this unique set is perfect for celebrating any special occasion or milestone. The set features a 2023-dated […]

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2023 American Silver Eagle Proof Coin Available March 2

The United States Mint will accept orders for the 2023 American Silver Eagle Proof Coin (W) beginning on March 2 at noon EST. This one-ounce Proof coin is minted to demand, with orders limited to 25 coins per household for the first 24 hours of sale. Produced at the United States Mint facility at West […]

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2023 American Silver Eagle Proof Coin Available March 2

The United States Mint will accept orders for the 2023 American Silver Eagle Proof Coin (W) beginning on March 2 at noon EST. This one-ounce Proof coin is minted to demand, with orders limited to 25 coins per household for the first 24 hours of sale. Produced at the United States Mint facility at West […]

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American Gold Eagle Struck at Launch Offered by GreatCollections

GreatCollections is offering collectors a very interesting opportunity to purchase the 27th American Gold Eagle ever struck. Not only is this high-quality coin graded MS68 by PCGS, but it was also struck by the well-known New York coin dealer and numismatic author Scott Travers. In addition to the coin, this group lot includes a signed […]

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American Gold Eagle Struck at Launch Offered by GreatCollections

GreatCollections is offering collectors a very interesting opportunity to purchase the 27th American Gold Eagle ever struck. Not only is this high-quality coin graded MS68 by PCGS, but it was also struck by the well-known New York coin dealer and numismatic author Scott Travers. In addition to the coin, this group lot includes a signed […]

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American Gold Eagle Struck at Launch Offered by GreatCollections

GreatCollections is offering collectors a very interesting opportunity to purchase the 27th American Gold Eagle ever struck. Not only is this high-quality coin graded MS68 by PCGS, but it was also struck by the well-known New York coin dealer and numismatic author Scott Travers. In addition to the coin, this group lot includes a signed […]

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How to Collect the American Gold Buffalo Series

By Tyler Rossi for CoinWeek …..   The American Gold Buffalo program started in an interesting manner when the United States Congress introduced the new gold bullion coin as part of the Presidential $1 Coin Act of 2005. Not only did the bill lay out the design to be used (a modified version of James […]

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Six Different Types of U.S. Dollar Coins Since 1971

By Bullion Shark LLC …… In the years since silver was removed from our circulating coinage in 1964, there have been multiple attempts to create a dollar coin for commerce that would save taxpayers money since coins last much longer than paper bills. In fact, coins typically last around 15 years, while paper money lasts […]

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United States 1978-P Lincoln Cent

The Philadelphia Mint struck over 5.5 billion Lincoln cents in 1978, consuming 765,914.1 pounds or 157,583.8 metric tonnes of copper. It should be noted, however, that the West Point facility did strike roughly 1.5 billion of these coins and there is no way to distinguish between the two mintages. Combined, this represented only 56.5 of […]

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2022-W American Palladium Eagle Launched

By Bullion Shark LLC …… In 2017 the United States Mint introduced an entirely new type of coin to its numismatic and bullion repertoire: the American Palladium Eagle, a coin made of one the rarest precious metals on earth and one whose spot price has risen to as much as $3,000 per ounce in recent […]

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United States 1986 American Silver Eagle Bullion Coin

PCGS MS-69 $70 – $75▲ Annual Rate of Return Since 2014: 3.8% PCGS POP MS-69: 21,697 Population Growth Since 2014: 111.4%▲ (MS69 Population in 2014: 9,788) NGC MS-69 $70 – $75▲ Annual Rate of Return Since 2014: 4.7% NGC POP MS-69: 184,600 Population Growth Since 2014: 63.8%▲ (MS69 Population in 2014: 112,670) PCGS MS-70 $650 – $700▼ […]

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35th Anniversary American Eagle Coins Sell for Over $4.6 Million

The special 2021 35th Anniversary American Eagle 1 Ounce Gold and Silver Coins realized over $4.6 million USD in total sales at the Stack’s Bowers Galleries Summer 2022 Global Showcase Auction conducted at Griffin Studios. Presented across 700 lots in a standalone session on September 1, these 35th Anniversary coins saw fierce competition from collectors. […]

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First Type 2, Last Type 1 American Eagles Set Records at Stack’s Bowers Auction

By CoinWeek ….. When the dust settled, four records had fallen. On September 1, 2022, Stack’s Bowers Galleries held an unusual auction comprised of 700 lots, all 2021 American Gold Eagle and 2021 American Silver Eagle bullion coins. Off the bat, auction prices were strong. Stack’s Bowers offered individual pieces from the sets as individual […]

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Last Type 1, First Type 2 American Silver Eagles Struck Offered by Stack’s Bowers

  By CoinWeek ….. On April 10th of 2021, the United States Mint at West Point made numismatic history with a special striking ceremony for the 35th anniversary of the American Eagle series. On this day, the Mint officially changed the coin’s design and began production of the new types. Present at this ceremony were […]

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2021 American Eagle at Dusk and at Dawn 35th Anniversary Gold and Silver One-Ounce Coins to be Sold at Auction September 1

The United States Mint is pleased to announce the public auction on September 1 of special limited editions of 2021 American Eagle at Dusk and at Dawn 35th Anniversary One-Ounce American Eagle Bullion Coins. These limited-edition coins marking the transition between old and new designs were produced during a special April 2021 ceremony. The event […]

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United States Mint Selects Stack’s Bowers to Sell American Eagle 35th Anniversary Coins

Only the Second Time the United States Mint Has Selected a Third-Party Auctioneer; Both Times Selecting Stack’s Bowers Galleries   Stack’s Bowers Galleries is honored to announce that they have been awarded a contract from the United States Mint to auction the 2021 American Eagle at Dusk and at Dawn 35th Anniversary coins as part […]

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Underrated American Silver Eagles

By Jack McNamara for CoinWeek …… On October 29, 1986, the first American Silver Eagle (ASE) was struck at the United States Mint and coin collecting was forever changed. President Ronald Reagan authorized the creation of the American Silver Eagle with the Liberty Coin Act (PDF link), which allowed the U.S. Mint to utilize the […]

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Bullion Silver Eagles Struck at Multiple Mints From Beginning

By Bullion Shark LLC …… Numismatists, coin dealers, and collectors of the American Silver Eagle bullion coin series have long had a suspicion that the coins were struck at multiple branch mints of the United States Mint. In the early 2000s when demand for these coins was surging, the Mint decided to expand its production […]

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Modern US Coins Featured in Heritage Auctions June Showcase

Bidding is now open in Heritage’s Showcase Auction of Modern Collectible US Coins and Bullion, with the concluding live session scheduled for 6 PM CT on Monday, June 13. This auction focuses primarily on American bullion coinage, along with a small but important selection of modern commemorative coinage. From 2006 to 2008, the United States […]

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2022 West Point Uncirculated American Silver Eagle Available June 1

The United States Mint 2022 American Eagle One Ounce Silver Uncirculated Coin produced at the West Point Mint will be released on June 1 at noon EDT. Due to overwhelming demand, all inventory for this coin is reserved for enrollments. However, customers may still have an opportunity to purchase the products, subject to availability after […]

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The Rarest American Platinum Eagles

By Bullion Shark LLC …… In 1997, the United States Mint launched the American Platinum Eagle program to compete with other world mints that were already issuing platinum coins. Platinum Eagles were issued in four sizes: one ounce ($100 face value), one-half ounce ($50), one-quarter ounce ($25), and one-tenth ounce ($10) coins in bullion and […]

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2022 United States Mint Congratulations Set Available April 14

The 2022 United States Mint Congratulations Set (product code 22RF) will be available for purchase beginning on April 14, 2022, at noon EDT. The set is priced at $75. The Congratulations Set is a unique gift item to celebrate any special occasion or milestone. The presentation folder containing a 2022-dated American Eagle Proof Silver Dollar […]

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Commemorative Stories: 1986 Statue of Liberty-Ellis Island Coin Program, Part II

By David Provost for CoinWeek …..   Author’s Note: My intention for this series of “stories” is to present lesser-known information about the US commemorative coins series derived from my original research in the records of Congress and/or the reports and correspondence of the individual coin sponsors. The information presented will not simply be a […]

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2022 U.S. Mint American Eagle Gold Proof Coins on Sale March 17

The United States Mint is pleased to announce the sale of the 2022 American Eagle Gold Proof Coins beginning on March 17 at noon EDT. Orders are limited to one coin per household for the first 24 hours from the on-sale date and time. Struck in 22-karat gold at the West Point Mint, these popular […]

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Important 1995-W $1 Silver Eagle Realizes $17,000 at GreatCollections

On Sunday, February 13, an example of the controversial 1995-W Silver Eagle, graded PR-70 DCAM by PCGS, realized a solid price of $17,000 USD after strong bidding between 15 bidders. The 1995-W Today, the American Silver Eagle stands as one of the world’s most-collected modern silver bullion coins. With the first examples struck in 1986, […]

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10 American Silver Eagles Worth Collecting

By Bullion Shark LLC ……   While you might not expect coins to differ that much from year to year, you might find it interesting to discover how differences that lie within the Silver Eagle series can impact their value. This might be hard to imagine to those who are familiar with the series as […]

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The Washington Quarter Made Coin Collecting a Household Pursuit

By Mark Ferguson for PCGS …… Most Americans living today have known only the Washington Quarter as our 25-cent coin. You’d have to be in your 90s or older to remember spending a newly issued Standing Liberty Quarter, the design that preceded the Washington Quarter series. First issued in 1932, the Washington Quarter was produced […]

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U.S. Mint Confirms Total Number of Gold Eagle Errors Released

By Chris Bulfinch for CoinWeek ….. All of the American Gold Eagle $10 quarter-ounce bullion coins mistakenly struck with an unfinished Proof obverse die were struck on August 24, according to a press release from Todd Martin, Deputy Chief of Corporate Communications for the United States Mint. The date on which the errors were struck […]

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The Coin Analyst: California Coin Dealer Discovers Major 2021 Gold Eagle Error Coin

By Louis Golino, special to CoinWeek ….. Gerald Medel, owner of Lakeside Coins in El Cajon, part of San Diego County, California, recently made the most exciting coin discovery of his 17 years in the business: a major new modern U.S. gold error coin – the stuff that numismatists’ dreams are made of, the first […]

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PCGS Certifies 1/4 oz 2021 Type 2 American Gold Eagle Bullion Coins With “W” Mint Marks

Submitted by GreatCollections, the Type 2 Reverse bullion coins with West Point mint marks were found by Gerald Medel and are now classified as Unfinished Proofs   Professional Coin Grading Service (PCGS) has authenticated and certified 61 regular-issue Type 2 Reverse quarter-ounce American Gold Eagle bullion coins mistakenly struck with a West Point “W” mint […]

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United States Mint to Release Set of 2021 Reverse Proof American Silver Eagles Sept. 13

The United States Mint is pleased to announce the opening of sales for the 2021 American Eagle Silver Reverse Proof Two-Coin Set Designer Edition on September 13 at noon EDT. This beautifully crafted set is one of several products the Mint is issuing this year to mark the 35th anniversary of the American Eagle Coin […]

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Redesigned 2021 West Point American Silver Eagle Uncirculated Coin Available September 9

The United States Mint will accept orders for the redesigned 2021 American Eagle One Ounce Silver Uncirculated Coin produced at the West Point Mint beginning on September 9 at noon EDT. Production of this coin is limited to 175,000 units, and orders are limited to three coins per household for the first 24 hours. The […]

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US Modern Coin Profiles – 2016-W Gold Mercury Dime Centennial Gold Coin

  Description: The Mercury or Winged Liberty dime (1916-1945) has long stood as an iconic coin the U.S. series. The coin’s elegant design draws heavily from the French Beaux Arts movement of the late 19th century. Its release immediately preceded the Roosevelt dime (1946-Present), and it is the last U.S. dime to be struck entirely in .900 […]

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US Mint Opens Sales for American Liberty High Relief Gold Coin August 19

The United States Mint will accept orders for the 2021 American Liberty High Relief Gold Coin beginning on August 19 at noon EDT. Each coin contains one ounce of 99.99 percent fine, 24-karat gold. Mintage is set at 12,500 coins, with orders limited to one per household for the first 24 hours of sales. American […]

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US Mint Opens Sales for Designer Edition American Eagle Gold 2-Coin Set August 5

The United States Mint will begin accepting orders for the 2021 American Eagle One-Tenth Ounce Gold Two-Coin Set Designer Edition on August 5 at noon Eastern Time. Production of this set is limited to 5,000 units, with orders limited to one set per household for the first 24 hours of sales. The coins in this […]

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Outrageous: American Eagle Silver and Gold Bullion Coin Sets to be Auctioned in First for US Mint

By Chris Bulfinch for CoinWeek ….. Silver and gold American Eagle bullion coins struck at the West Point Mint by United States Mint Director David J. Ryder will be available to collectors later this year. 500 four-coin sets marking the series’ 35th anniversary, called the American Eagles at Dusk and at Dawn set, will be […]

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American Eagle Silver and Gold Bullion Coin Sets to be Auctioned in First for US Mint

By Chris Bulfinch for CoinWeek ….. Silver and gold American Eagle bullion coins struck at the West Point Mint by United States Mint Director David J. Ryder will be available to collectors later this year. 500 four-coin sets marking the series’ 35th anniversary, called the American Eagles at Dusk and at Dawn set, will be […]

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Redesigned United States Mint American Eagle Gold Proof Coins On Sale July 29

The United States Mint is pleased to announce the beginning of sales for redesigned 2021 American Eagle Gold Proof Coins on July 29, at noon EDT. Orders are limited to one coin per household for the first 24 hours from the on-sale date and time. Struck in 22-karat gold at the West Point Mint, these […]

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Redesigned United States Mint 2021 American Eagle Silver Proof Coin Available July 20

The United States Mint is pleased to announce the opening of sales for the redesigned 2021 American Eagle Silver Proof Coin beginning on July 20 at noon EDT. Production is limited to 300,000 coins, with orders limited to three coins per household for the first 24 hours of sale. The American Eagle Silver Proof Coins […]

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Changes Coming to All Three Sides of the 2021 American Silver Eagle: Bullion Shark

By Bullion Shark LLC …… The West Point Mint, which produces bullion and collector precious metal coinage for the United States Mint, recently struck the final Type 1 2021 American Silver Eagle and the first batch of the Type 2 coins you have likely heard about. Mint Director David J. Ryder personally struck the final […]

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Are you ready for the next U.S. Mint sell-out? The 2021-W Type II Silver Eagle Launches Soon

Are you ready for the next U.S. Mint sell-out?   By Chris Bulfinch for CoinWeek ….. Proof 2021-W American Silver Eagles (ASEs) with a new reverse design and enhanced security features will be available to the public on July 1 and will almost certainly sell out in minutes. The release of the new coins comes […]

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US Mint Releases Final Classic Design American Eagle Gold Proof Coin March 11

The United States Mint will begin accepting orders for 2021 American Eagle Gold Proof Coins on March 11 at noon EST. This is the last year these coins will be offered with the current designs. American Eagle Gold Proof Coins are collector versions of the official United States Mint American Eagle Gold Bullion Coins. Struck […]

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US Mint Releases Final Classic Design American Eagle Gold Proof Coin March 11

The United States Mint will begin accepting orders for 2021 American Eagle Gold Proof Coins on March 11 at noon EST. This is the last year these coins will be offered with the current designs. American Eagle Gold Proof Coins are collector versions of the official United States Mint American Eagle Gold Bullion Coins. Struck […]

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Last Mercanti Reverse Proof American Silver Eagles Sell Out Within Mintues

By CoinWeek News Staff …..   The last Proof American Silver Eagles bearing John Mercanti’s Heraldic Eagle design reached “currently unavailable” status within minutes on the day of their release, February 11, 2021. Priced at $73 USD with a product limit of 327,440 and with a household ordering limit of 99 coins, the quick sellout […]

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Last Mercanti Reverse Proof American Silver Eagles Sell Out Within Minutes

By CoinWeek News Staff ….. The last Proof American Silver Eagles bearing John Mercanti’s Heraldic Eagle design reached “currently unavailable” status within minutes on the day of their release, February 11, 2021. Priced at $73 USD with a product limit of 327,440 and with a household ordering limit of 99 coins, the quick sellout angered […]

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United States Mint 2021 Congratulations Set Available Today

The United States Mint 2021 Congratulations Set (product code 21RF) will be available for purchase beginning on February 11, 2021, at noon EST. The set is priced at $75. Designed to celebrate any special occasion or milestone, this set contains one American Eagle Proof Silver Dollar struck in 99.9% silver at the West Point Mint. […]

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US Mint Releases Heraldic Eagle Reverse 2021 American Silver Eagle Proof Coin Feb. 11

The United States Mint’s will accept orders for the 2021 American Eagle One Ounce Silver Proof Coin beginning on February 11, at noon EST. The production limit for this product is 327,440. Struck in 99.9% silver at the West Point Mint, the coin’s obverse features sculptor Adolph A. Weinman’s iconic full-length figure of Liberty in […]

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Multiple American Gold and Silver Eagles to be Released in 2021

By Bullion Shark LLC …… American Silver Eagles and American Gold Eagles — the United States Mint’s most successful coin programs — are getting their first makeover in 2021 after 35 years of the same designs. Collectors can look forward to the widest range of U.S. Mint Silver and Gold Eagles in 2021 that have […]

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Flawless 1995-W Bullion Set Featured in Stack’s Bowers Jan. 2021 Collector’s Choice Online Auction

By James McCartney – Senior Numismatist, Stack’s Bowers …… The United States Mint’s recent release of coins commemorating the 75th anniversary of the end of World War II has created renewed excitement for gold and silver American Eagles, a series first introduced in 1986. While many noteworthy American Eagles have been released over the past […]

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PCGS 2020-W Quarter Quest Winners Split $2,000 Cash Prize for 2020-W Kansas Quarter

Three Collectors Splitting $2,000 Bounty for Submitting First 2020-W Tallgrass Prairie National Preserve Quarters for Grading by Professional Coin Grading Service   Professional Coin Grading Service (PCGS) Quarter Quest 2020 continues with three winners tying as the first to submit the first examples of the 2020-W Tallgrass Prairie National Preserve Kansas Quarter for grading. The […]

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What are the “Keys” to the Clad Roosevelt Dime Series?

By Charles Morgan and Hubert Walker for CoinWeek …..   [Editor’s note: An earlier version of our analysis first appeared in the PCGS E-Zine newsletter of October 23, 2012. —CoinWeek] Eight years ago, we took a deep dive into the clad years of the Roosevelt dime series in search of a list of candidate coins […]

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US Mint Mayflower Gold, Silver Coin Sales Launch Goes How You’d Expect…

By CoinWeek Staff Reports …. If you’re still interested in purchasing the Mayflower 400th Anniversary Silver Reverse Proof medal, then we have some bad news. As of Thursday morning (November 19), the medal was still available on the United States Mint’s website at catalog.usmint.gov. But by the time of publication, the Mint lists the item […]

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United States 1974 Lincoln Cent

Description 1974 was an interesting year in the annals of numismatic history. The country was putting the finishing touches on its planned Bicentennial celebrations. The United States Mint was gearing up to produce a range of commemorative coins and medals to mark the occasion. The year would also mark the final Blue and Brown Pack […]

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U.S. Mint Strikes 1 Million Silver Eagles at San Francisco Mint

By Bullion Shark LLC …… For the second time in 2020, the United States Mint has produced a limited number of American Silver Eagles at a mint other than its West Point facility, which has historically handled the bulk of production of these coins. Those coins were offered to the Mint’s network of Authorized Purchasers […]

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US Mint to Opens Sales for End of World War II 75th Anniversary Coins, Medal in November

Beginning in November, the United States Mint is releasing four products to commemorate the 75th Anniversary of the End of World War II. November 5 End of World War II 75th Anniversary American Eagle Gold Proof Coin (20XE) Product Limit: 1,945 Price: Per Pricing Grid The obverse features a version of Augustus Saint-Gaudens’ full-length figure […]

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The Coin Analyst: American Silver and Gold Eagles – A Collector’s Guide for Beginners

By Louis Golino, special to CoinWeek ….. Even if you are new to collecting coins, you most likely have already heard about and seen American Silver Eagles and perhaps also know they have gold counterparts, American Gold Eagles. Those coins are at the very heart of the modern coin market today and of modern American […]

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PCGS 2020 Quarter Quest Winners Split $2,000 Prize for 2020-W Vermont Quarter

Two Collectors Splitting $2,000 Prize After Submitting First 2020-W Vermont Marsh-Billings-Rockefeller National Historical Park Quarters for Grading by Professional Coin Grading Service   The Professional Coin Grading Service (PCGS) Quarter Quest 2020 recently yielded two more winners with the release of the 2020-W Vermont Marsh-Billings-Rockefeller National Historical Park Quarter, released by the United States Mint […]

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PCGS 2020 Quarter Quest Winners Split $2,000 Prize for 2020-W Vermont Quarter

Two Collectors Splitting $2,000 Prize After Submitting First 2020-W Vermont Marsh-Billings-Rockefeller National Historical Park Quarters for Grading by Professional Coin Grading Service   The Professional Coin Grading Service (PCGS) Quarter Quest 2020 recently yielded two more winners with the release of the 2020-W Vermont Marsh-Billings-Rockefeller National Historical Park Quarter, released by the United States Mint […]

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PCGS Quarter Quest Winners Split $2,000 Prize for 2020-W U.S. Virgin Islands Quarter

Two Collectors Receive Grand Prize for Finding First 2020-W U.S. Virgin Islands Salt River Bay National Historical Park and Ecological Preserve Quarter to be Graded by Professional Coin Grading Service   The PCGS 2020 Quarter Quest continues at Professional Coin Grading Service (PCGS) with the release of the 2020-W U.S. Virgin Islands Salt River Bay […]

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US Mint Making Changes to Meet Exploding Demand for American Gold, Silver Eagles

By Bullion Shark LLC …… As a result of the pandemic and its effects on the U.S. economy, which have resulted in the largest-ever decline in the gross domestic product (32.9%) in the second quarter of 2020 and tens of millions of unemployed–as well as rising silver and gold prices (with gold having reached several […]

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NGC Certifies 2020 West Point Mint Hoard Coins From US Mint Reserve

Numismatic Guaranty Corporation® (NGC®) is excited to announce that it is certifying a stockpile of backdated gold and silver coins that were specially released by the United States Mint in May. The hoard includes 2016- and 2017-dated American Silver Eagles, American Gold Eagles, First Spouse gold coins and silver medals. It is unusual for the […]

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American Gold Eagle Approaches 35th Anniversary With Design Change Looming

By Bullion Shark LLC …… During the first decade after it became legal again for Americans to own gold coins in 1974, the South African gold Krugerrand dominated the world gold coin market, accounting for 90% of coins traded. Around this time, Representative Ron Paul (R-TX22) led an effort to develop an American gold investment […]

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The 2020 Basketball Hall of Fame Commemorative Coin Program – A Primer

  By Bullion Shark LLC …… Mark your calendars for June 4! That’s when the United States Mint will launch the highly anticipated 2020 Basketball Hall of Fame commemorative coin program. For only the third time in U.S. Mint history, a dome-shaped coin — in this case to resemble the shape of a basketball — […]

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The 2000 United States Millennium Coinage & Currency Set Turns 20

By Joshua McMorrow-Hernandez for PCGS …… The anticipation surrounding the dawning of the new millennium had been building for many years by the time calendars finally changed to the year 2000. While flying cars were nowhere to be seen, the arrival of the third millennium “Anno Domini” was greeted by a throng of numismatic promotional […]

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United States Mint to resume West Point operations

The following comes from an e-mail sent to the press today
The United States Mint (Mint) will resume limited production Tuesday morning, April 21st at the Mint facility at West Point. During the temporary suspension of operations at the West Point Mint, in consultation with local public health officials, a thorough cleaning of the facility was conducted in accordance with Centers for Disease Control and Prevention (CDC) guidelines

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United States Mint to Resume West Point Operations

The United States Mint will resume limited production Tuesday morning, April 21 at the Mint facility at West Point. During the temporary suspension of operations at the West Point Mint, in consultation with local public health officials, a thorough cleaning of the facility was conducted in accordance with Centers for Disease Control and Prevention (CDC) […]

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United States Mint to resume West Point operations

The United States Mint (Mint) will resume limited production Tuesday morning, April 21st at the Mint facility at West Point. During the temporary suspension of operations at the West Point Mint, in consultation with local public health officials, a thorough cleaning of the facility was conducted in accordance with Centers for Disease Control and Prevention (CDC) guidelines

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United States Mint temporarily shuts down West Point facility

The following comes from an e-mail sent to the press today.
Due to the increasing number of COVID-19 cases in Orange County, New York, and out of an abundance of caution, the United States Mint (Mint) has temporarily suspended production at the Mint facility at West Point

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United States Mint 2020 Silver Proof Set on Sale April 17

The 2020 United States Mint Silver Proof Set (product code 20RH) will be available for purchase starting on April 17 at noon EDT. The set is priced at $63.25 USD. The 2020-dated set contains the following 10 coins from the United States Mint at San Francisco. The quarters, half dollar, and dime are 90 percent […]

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United States Mint temporarily shuts down West Point facility

The following comes from an e-mail sent to the press today.
Due to the increasing number of COVID-19 cases in Orange County, New York, and out of an abundance of caution, the United States Mint (Mint) has temporarily suspended production at the Mint facility at West Point

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United States Mint Temporarily Shuts Down West Point Facility

Due to the increasing number of COVID-19 cases in Orange County, New York, and out of an abundance of caution, the United States Mint has temporarily suspended production at the Mint facility at West Point. This action is being taken to further reduce the risk of Mint employee exposure to COVID-19. The Mint will resume […]

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NGC Special Attribution, Labels for 2020-W Reverse Proof Nickel

The first-ever “W” mint mark nickel was released in February 2020. Now, the United States Mint is including a 2020-W Reverse Proof nickel with all purchases of the 2020 United States Mint Silver Proof Set that goes on sale April 17, 2020. This is the first Reverse Proof nickel to feature the “W” mint mark of the […]

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Privy Mark 2020-W America the Beautiful Quarters Coming From U.S. Mint April 6

  The period from May 8 to September 2, 2020, marks the 75th anniversary of the conclusion of World War II. In recognition of this significant anniversary, the United States Mint will manufacture “W” mint mark quarters that feature a special privy mark signifying the allied victory in World War II. Mint marks identify the […]

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On 2020 “W” mint mark America the Beautiful quarters

The following comes from an e-mail sent to the press today:
The period from May 8 to September 2, 2020, marks the 75th anniversary of the conclusion of World War II. In recognition of this significant anniversary, the Mint will manufacture “W” mint mark quarters that feature a special privy mark signifying the allied victory in World War II

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2020 American Eagle Gold Proof Coins on Sale Today

The United States Mint will begin accepting orders for 2020 American Eagle Gold Proof Coins on March 19 at noon EST. American Eagle Gold Proof Coins are collector versions of the official United States Mint American Eagle Gold Bullion Coins. These coins are struck in 22-karat gold at the West Point Mint. The obverse design […]

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CoinWeek Podcast #129: PCGS Programs for Modern Coins 2020-2021

 CoinWeek Podcast #127: How Coin Writer Chris Bulfinch Sees the Hobby Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. This week on the CoinWeek Podcast, Joe Pielago, PCGS Business Development Manager, joins us to talk about his company’s plans to promote modern coin […]

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CoinWeek Podcast #129: PCGS Programs for Modern Coins 2020-21

 CoinWeek Podcast #129: PCGS Programs for Modern Coins 2020-21 Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. This week on the CoinWeek Podcast, Charles talks to Joe Pielago, Business Development Manager at PCGS (Professional Coin Grading Service), joins us to talk about his […]

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2020 United States Mint Proof Set Available Feb. 27

New This Year: Premium 2020 Jefferson nickel from the West Point Mint   The 2020 United States Mint Proof Set® (product code 20RG) will be available for purchase starting on February 27 at noon EST. The set is priced at $32.00 and includes the following 10 coins from the United States Mint at San Francisco: […]

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NGC Celebrates First 2020-W Nickel

A special NGC attribution, as well as the NGC West Point Gold Star Label, are provided for no additional fee   The United States Mint has announced that a special 2020-W Proof nickel is included with all purchases of the 2020 United States Mint Proof Set, on sale February 27, 2020. This is the first […]

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The 2016-W Silver Eagle From the West Point Mint Hoard Explained

By Bullion Shark LLC ……   The West Point Mint Hoard of Silver Eagles. In a surprise move, the United States Mint announced in late 2019 that it had sold 183,781 2016-W American Silver Eagles in a closed bid sale. What made this unusual is that before the announcement the collecting community was unaware that […]

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Upcoming 2020 “Happiness” American Platinum Eagle Concludes Lukewarm Three-Coin Run

By Joshua McMorrow-Hernandez for CoinWeek ….. The 2020 “Pursuit of Happiness” Preamble to the Declaration of Independence Proof Platinum American Eagle marks the end of a three-year series produced by the United States Mint since 2018. The one-ounce platinum coins, struck at the West Point Mint and bearing a “W” mintmark, are being issued alongside […]

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Bullion Shark – 2019-S Enhanced Reverse Proof Silver Eagles: The Next Modern Rarity?

By Bullion Shark LLC …… The first-ever Enhanced Finished-Reverse Proof Silver Eagle was issued as a surprise on July 3, 2019 in what was called the Pride of Two Nations Set. This marked not only the first time that the United States Mint made a Silver Eagle with a Reverse Proof-Enhanced finish, but it also […]

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2020 American Eagle 1 oz Silver Proof Coin on Sale Jan. 9

The United States Mint will accept orders for the 2020 American Eagle One Ounce Silver Proof Coin (product code 20EA) beginning on January 9, 2020, at noon EST. The coin is priced at $64.50 USD. The obverse design features sculptor Adolph A. Weinman’s full-length figure of Liberty in full stride, enveloped in folds of the […]

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2020 American Silver Eagle Bullion Coins: The Last of Their Breed

By Joshua McMorrow-Hernandez for CoinWeek ….. The Proof version of the 2020 American Silver Eagle is set for release on January 3, but it won’t be just any year for the popular .999-fine, one-ounce silver United States bullion coin. The 2020 Silver Eagle will be the last of its kind, with significant changes coming to […]

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2020-W Proof Silver Eagle NGC special designations and labels

The 2020-W Proof Silver Eagle with the NGC Early Releases designation and label and with the NGC First Releases designation and West Point Mint Gold Star Label. Hover to zoom

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The 10th Anniversary of the Lincoln Shield Cent

By Joshua McMorrow-Hernandez for PCGS …… It’s perhaps hard to believe that 10 years have already passed since the first Lincoln Union Shield cent emerged in 2010. It came about as the fifth and final reverse redesign in fewer than 13 months following 2009’s successful four-coin circulating commemorative program showcasing Abraham Lincoln’s colorful life from […]

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US Gold Coins of the 2010s: A Golden Decade For Collectors?

By Joshua McMorrow-Hernandez for CoinWeek ….. As 2019 winds down, so, too, does the decade of the 2010s. It was a colorful period for the United States Mint, which produced a staggering variety of numismatic gold coinage for collectors. Coin collectors have been busy trying to keep up with the Mint’s rapidly expanding gold catalog, […]

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PCGS Quarter Quest Inspires New Generation of Coin Collectors

  By Joshua McMorrow-Hernandez for CoinWeek ….. When PCGS (Professional Coin Grading Service) announced earlier this year a special initiative called Quarter Quest, offering incentives and rewards for the earliest-discovered examples of West Point-minted 2019 America The Beautiful quarters, the news stirred coin collectors and even countless non-numismatists to check their change. Now, as the […]

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PCGS Quarter Quest Inspires New Generation of Coin Collectors

By Joshua McMorrow-Hernandez for CoinWeek …..   When PCGS (Professional Coin Grading Service) announced earlier this year a special initiative called Quarter Quest, offering incentives and rewards for the earliest-discovered examples of West Point-minted 2019 America The Beautiful quarters, the news stirred coin collectors and even countless non-numismatists to check their change. Now, as the […]

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Four Lucky Collectors Split PCGS Bounty for “First Discovery” of 2019-W Idaho Quarters

Two of the fortunate finders located “Early Circulation” examples Four lucky collectors in Arkansas, Louisiana, Maryland, and Mississippi were the first to submit to Professional Coin Grading Service (PCGS) examples of the new 2019 America the Beautiful® Program Idaho quarters with the elusive West Point mintmark. The fortunate finder in Arkansas discovered more than 300 […]

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Key Date 1995-W Proof Silver Eagle in PR70 DCAM Offered at GreatCollections.com

By CoinWeek …. This Sunday, November 3, bidding ends on GreatCollections.com for a perfect specimen of the key date West Point 1995 American Silver Eagle. It has been graded PR-70 by PCGS and given a DCAM (Deep Cameo) designation. Back in 2013, GreatCollections famously sold another PR70 DCAM 1995-W Silver Eagle for the record price […]

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National Purple Heart Hall of Honor Commemorative Coin Act Passes House, Moves to Senate

By the Office of U.S. Representative Sean Patrick Maloney …… On Thursday, September 19, United States Representative Sean Patrick Maloney’s (D-NY18) bipartisan bill, the National Purple Heart Hall of Honor Commemorative Coin Act passed unanimously in the House, with the support of 307 cosponsors. The bill honors the National Purple Heart Hall of Honor and […]

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Accidental Early Release of 2019-W San Antonio Quarters Surprises Lucky Collector and PCGS

Coin surprisingly discovered in Texas a week before official release   Even though the 2019 America the Beautiful series San Antonio Missions National Historical Park quarter-dollars were not scheduled to be released into circulation until August 26, a lucky collector in Texas unexpectedly discovered rolls of them – including two coveted West Point Mint mark […]

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2019-W Palladium American Eagle Reverse Proof Coin Lands September 5

By Joshua McMorrow-Hernandez for CoinWeek ….. The United States Mint is set to release the American Eagle 2019 One Ounce Palladium Reverse Proof Coin, the third installment of the popular palladium bullion coin series launched in 2017. The 2019 Palladium American Eagle, which contains one troy ounce of .9995-fine palladium, is the first of this […]

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Q & A with U.S. Mint Director David Ryder – CoinWeek Exclusive Video

  CoinWeek editor Charles Morgan caught up with U.S. Mint Director David Ryder at the American Numismatic Association’s World’s Fair of Money to discuss the wildly successful 2019-W coin program and how the Mint plans to continue to use “freemium” products in 2020 to grow its customer base. They also discuss changes that are coming […]

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United States Mint Orders for 2019 American Liberty High Relief Gold Coin, Silver Medals Start August 15

The United States Mint is opening sales for both the 2019 American Liberty High Relief Gold Coin™ (product code 19DA) and the 2019 American Liberty High Relief Silver Medal™ (product code 19DB) on August 15 at noon EDT. The coin is struck at the West Point Mint, contains one ounce of 99.99 percent fine, 24-karat […]

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World Cup eBay

By CoinWeek Staff Reports …. The final match of the 2019 FIFA Women’s World’s Cup took place in Lyon, France on Sunday, July 7, and once again the United States Women’s National Soccer Team proved their dominance of the sport with their second consecutive championship and fourth championship title overall. Captained by the charismatic Megan […]

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The Secondary Market for the 1994 World Cup Commemorative Coins

By CoinWeek Staff Reports …. The final match of the 2019 FIFA Women’s World’s Cup took place in Lyon, France on Sunday, July 7, and once again the United States Women’s National Soccer Team proved their dominance of the sport with their second consecutive championship and fourth championship title overall. Captained by the charismatic Megan […]

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Bullion Shark – For the Advanced Silver Eagle Collector: An Explanation of the Various Proof Finishes

By Bullion Shark LLC …… Proof Silver Eagles are undoubtedly some of the most stunning coins a modern coin collector can lay his or her eyes on. The cameo details (black to white contrast) and the painstaking detail that the respected engraver John Mercanti took in creating this coin have made this piece just breathtaking. […]

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Three Lucky Collectors Find West Point Mint Guam Quarters, Get PCGS Rewards

The thrill of the hunt and the happiness of rewards continue with three more lucky coin finders in the Professional Coin Grading Service (PCGS) Quarter Quest. The latest three bounty winners, one each from Georgia, Kentucky, and Utah, were the first to discover and submit to PCGS for authentication and grading examples of the new […]

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Jeff Garrett: With the 2019-W Quarter, the Hobby Catches a Break

With the 2019-W quarter program, the Mint shows leadership in boosting numismatics, but more publicity is needed By Jeff Garrett for Numismatic Guaranty Corporation (NGC) …… In the last several years, most numismatic leaders have been searching for ways to stimulate the hobby. There has been a special emphasis on young people, as that segment […]

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United States Mint American Gold Eagle 2019 1oz Uncirculated Coin on Sale June 13

The United States Mint will open sales for the 2019 American Gold Eagle One Ounce Uncirculated Coin (product code 19EH) on June 13 at noon EDT. This coin is a collector version of the Mint’s American Gold Eagle Bullion Coin. Struck at the United States Mint at West Point, the obverse features a version of […]

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Rare 2019 West Point quarters are valuable treasure in your pocket change

(Pelham, AL) — The United States Mint is randomly issuing rare and valuable quarter dollars into circulation this year. The coins are found in regular pocket change and can be worth hundreds of dollars each, according to the senior editor of the Guide Book of United States Coins, the best-selling price guide on American coinage

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United States Mint Releases 2019 American Eagle 1oz Silver Uncirculated Coin May 29

The United States Mint opened sales for the 2019 American Eagle One Ounce Silver Uncirculated Coin (product code 19EG) on May 29 at noon EDT. The coin is priced at $46.95. The American Eagle One Ounce Silver Uncirculated Coin is the collector version of the Mint’s American Eagle Silver Bullion Coin. It bears the “W” […]

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United States Mint Annual Set of Uncirculated Coins on Sale Today

Latest set is the third to include premium penny from West Point   The 2019 United States Mint Uncirculated Coin Set® (product code 19RJ) will go on sale starting on May 14 at noon (EDT). This annual collector favorite contains two folders with 10 coins each—one with coins from the United States Mint at Philadelphia […]

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What Makes My Silver Eagles Worth Money?

By Bullion Shark LLC …… Silver Eagles, just like any other coin, vary wildly in value. Some can be worth as little as a few dollars over the spot value of silver, while others go for five figures! As a collector or investor of modern rare coins, it is important to understand where the value […]

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The Coin Analyst: 2019-W Quarters Boost Modern Coin Collecting, But Will It Last?

By Louis Golino for CoinWeek …..   The Washington quarter has long been a staple of modern U.S. coin collecting, especially since it is one of those iconic series that many collectors started collecting from circulation — often at a young age. Collecting from circulation has a storied tradition in this country, especially among those […]

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CoinWeek Podcast #112: The Great American Coin Hunt

 CoinWeek Podcast #112: The Great American Coin Hunt Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. CoinWeek editor Charles Morgan sits down with Great American Coin Hunt organizer Rob Oberth to discuss the success of the event and its implications for the hobby in this episode […]

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More Lucky Collectors Get PCGS Rewards for Finding West Point Mint Mark Quarters

Three lucky Florida residents, one in New Smyrna Beach and a husband and wife in Orlando, are the latest winners in the Professional Coin Grading Service (PCGS) Quarter Quest to discover specific West Point Mint quarter dollars and be the first to submit them to PCGS for authentication and grading. “They were the first to […]

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PCGS First Discovery 2019-W Lowell Quarter Consigned to GreatCollections Auction

A Virginia coin collector is about to get his second windfall from finding one of the first, elusive West Point Mint 2019 Lowell National Historical Park quarter-dollars. Only two of those recently released 2019-W Lowell quarters have the distinctive Professional Coin Grading Service (PCGS) designation, PCGS First Discovery, and are the first 2019-W quarters certified […]

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Actor Finds Valuable 2019-W Quarter, Submits It to NGC

The first 2019-W Quarter certified by Numismatic Guaranty Corporation® (NGC®) was found by actor Shawn Pyfrom, best known for his recurring role on ABC’s popular Desperate Housewives series. The US Mint recently announced that 10 million quarters with the “W” mint mark of the West Point Mint would be released into circulation at random. These […]

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NGC Grades Mistakenly Released Reverse Proof Cent

Numismatic Guaranty Corporation® (NGC®) has certified a 2019-W Reverse Proof Lincoln Cent that was mistakenly released several weeks early by the United States Mint. The coin was not supposed to be released until April 17. This year, the US Mint is releasing three different 2019-W cents, which are notable for being the first cents to […]

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NGC Celebrates First ‘W’ Mint Mark Quarters With Special New Labels

A special NGC attribution and label are among the ways coin collectors can recognize these historic US Mint releases. Special submission instructions must be followed; see the “Submission Instructions” section of this article. * * * The US Mint has announced that limited mintage 2019-W quarters are being released directly into circulation starting in April […]

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U.S. Mint Announces West Point Mint Mark Circulating Quarter Collectible

Two Million Each of 2019 America the Beautiful Coins Being Struck at West Point   The United States Mint announced today that it has released the first-ever circulating coins with West Point mint marks. Throughout the remainder of the year, two million each of the scheduled 2019 America the Beautiful Quarters® will be minted at […]

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2019 United States Mint Proof Set Now Available

The 2019 United States Mint Proof Set® (product code 19RG) became available for purchase on March 1 at noon EST. The set is priced at $27.95. This year, each United States Mint Proof Set comes with a 2019-dated premium penny bearing a “W” mint mark for the West Point Mint where it was produced. This […]

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United States Mint to Issue American Eagle Gold Proof Coins March 7

The United States Mint will open sales for the 2019 American Eagle Gold Proof Coins on March 7 at noon EST. Product options are below. The individual coins and the four-coin sets are packaged in satin-lined burgundy velvet presentation cases housed inside a burgundy outer box. All options include a Certificate of Authenticity. Coin prices […]

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NGC Celebrates First 2019-W Cent With Special Attribution

A special NGC attribution and label are among the ways coin collectors can recognize this historic US Mint release. Special submission instructions must be followed. See the “Submission Instructions” section of this article * * * The United States Mint has announced that a 2019-W Proof Cent will be included with all purchases of the […]

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The Coin Analyst: 1982 Lincoln Cent Provides Collectors with Challenges, Rewards

The Coin Analyst – CoinWeek.com ….. 1982 was the year E.T. The Extra Terrestrial hit the silver screen. The average price of a new home was $80,000, and the Equal Rights Amendment failed ratification. It was also the year the United States Mint began making Lincoln cents from a 97.5% zinc, 2.5% copper alloy instead […]

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2018 American Eagle one-ounce gold Uncirculated coin to go on sale July 12 at noon

The Mint’s 2018 American Eagle one-ounce gold Uncirculated coin (product code 18EH) will go on sale July 12, 2018, at 12 noon (ET). The coin, minted at the West Point Mint, features the classic Lady Liberty design in 22-karat gold

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United States Mint Sets 2018 Release Dates for Several New Coins

2018 Silver Eagle and Palladium Proof Coins Among Anticipated Upcoming Releases By CoinWeek News Staff …. Over the weekend, the United States Mint added several new items to their official release schedule for 2018. July The Mint has two products scheduled for release in july. The 2018 American Gold Eagle one-ounce Uncirculated coin goes on […]

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United States Mint Opens Sales of 2018 American Eagle Silver Uncirculated Coin May 24

The United States Mint will accept orders for the 2018 American Eagle One Ounce Silver Uncirculated Coin (product code 18EG) on May 24 at noon Eastern Time (ET). The coin will sell for $46.95. The Mint has produced the American Eagle One Ounce Silver Uncirculated Coin since 1986. It is the collector version of the […]

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U.S. Mint’s 2018 American Eagle One-Ounce Silver Uncirculated Coin to be released May 24 at noon

On May 24, 2018, at 12 noon (ET), the Mint’s 2018 American Eagle One- Ounce Silver Uncirculated Coin (18EG) will go on sale for $46.95

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U.S. Mint’s 2018 American Eagle One-Ounce Silver Uncirculated Coin to be released May 24 at noon

On May 24, 2018, at 12 noon (ET), the Mint’s 2018 American Eagle One- Ounce Silver Uncirculated Coin (18EG) will go on sale for $46.95

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U.S. Mint’s 2018 American Eagle One-Ounce Silver Uncirculated Coin to be released May 24 at noon

On May 24, 2018, at 12 noon (ET), the Mint’s 2018 American Eagle One- Ounce Silver Uncirculated Coin (18EG) will go on sale for $46.95

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United States Mint 2018 American Buffalo 1oz Gold Proof Coin on Sale May 10

The United States Mint will begin accepting orders for the 2018  One Ounce American Buffalo Gold Proof Coin (product code 18EL) on May 10 at noon Eastern Time (ET). The Mint introduced the One Ounce American Buffalo Gold Proof Coin in 2006. It is the first 24-karat gold proof coin ever struck by the Mint […]

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Breast Cancer Awareness 2018 Proof $5 Gold Coin available March 15 at noon

The Breast Cancer Awareness 2018 Proof $5 Gold Coin (product code 18CE) will be available for purchase at the Mint’s website March 15 at noon. The coin is part of the Mint’s Breast Cancer Awareness Commemorative Coin Program, which uses funds generated through the sale of related coins to benefit the efforts of the Breast Cancer Research Foundation

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Breast Cancer Awareness 2018 Proof $5 Gold Coin available March 15 at noon

The Breast Cancer Awareness 2018 Proof $5 Gold Coin (product code 18CE) will be available for purchase at the Mint’s website March 15 at noon. The coin is part of the Mint’s Breast Cancer Awareness Commemorative Coin Program, which uses funds generated through the sale of related coins to benefit the efforts of the Breast Cancer Research Foundation

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Sales open for 2018 American Eagle Gold Proof Coins on March 1

Washington — The United States Mint will begin accepting orders for 2018 American Eagle Gold Proof Coins on March 1 at noon Eastern Time (ET).
The American Eagle Gold Proof Coins are the collector versions of the Mint’s American Eagle Gold Bullion Coins

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Sales open for 2018 American Eagle Gold Proof Coins on March 1

Washington — The United States Mint will begin accepting orders for 2018 American Eagle Gold Proof Coins on March 1 at noon Eastern Time (ET).
The American Eagle Gold Proof Coins are the collector versions of the Mint’s American Eagle Gold Bullion Coins

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United States Mint issues One-Tenth Ounce American Liberty Gold Proof Coin on February 8

Washington — The United States Mint is pleased to announce the release of the 2018 American Liberty One-Tenth Ounce Gold Proof Coin (product code 18XF) on February 8 at noon Eastern Time (ET).
Produced at the West Point Mint, the obverse (heads) of this 24-karat gold coin features a profile of Liberty wearing a crown of stars and the inscriptions LIBERTY, 2018, and IN GOD WE TRUST

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Liberty Head $5 Gold Half Eagles – The Only Coin Series Struck at All U.S. Mints!

Coin Rarities & Related Topics: News and Analysis regarding scarce coins, markets, and coin collecting #403 A Weekly Column by Greg Reynolds ….. Liberty Head half eagles (U.S. $5 gold coins) were minted from 1839 to 1908. These were struck in Philadelphia (PA), Charlotte (NC), Dahlonega (GA), New Orleans (LA), San Francisco (CA), Carson City (NV), […]

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PCGS produces special labels for new platinum Preamble to the Declaration of Independence coins

(Newport Beach, California) — The Professional Coin Grading Service (PCGS) is offering special labels for 2018 Preamble to the Declaration of Independence Platinum Proof Coins. For 2018, the U

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U.S. Mint Releases First Coin in New Platinum Proof Coin Series January 25

The United States Mint will open sales for the 2018 Preamble to the Declaration of Independence Platinum Proof Coin (product code 18EJ) on January 25, 2018, at noon Eastern Time. This coin is the first release in the three-year (2018-2020) Preamble to the Declaration of Independence Platinum Proof Coin Series. The series features all new […]

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United States Mint releases first coin in new platinum Proof coin series on January 25

Washington — The United States Mint will open sales for the 2018 Preamble to the Declaration of Independence Platinum Proof Coin (product code 18EJ) on January 25, 2018, at noon Eastern Time.
This coin is the first release in the three-year (2018-2020) Preamble to the Declaration of Independence Platinum Proof Coin Series

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United States Mint opened sales for 2018 American Eagle Silver Proof Coin on January 4

WASHINGTON — The United States Mint kicked off the New Year with the release of the 2018 American Eagle One Ounce Silver Proof Coin (product code 18EA) on January 4, at noon Eastern Time (ET).
Hover to zoom

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United States Mint opened sales for 2018 American Eagle Silver Proof Coin on January 4

WASHINGTON — The United States Mint kicked off the New Year with the release of the 2018 American Eagle One Ounce Silver Proof Coin (product code 18EA) on January 4, at noon Eastern Time (ET).
Since its debut in 1986, the obverse (heads) of this coin has featured Adolph A

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United States Mint opens sales for 2018 American Eagle Silver Proof Coin on January 4

WASHINGTON — The United States Mint will kick off the New Year with the release of the 2018 American Eagle One Ounce Silver Proof Coin (product code 18EA) on January 4, at noon Eastern Time (ET).
Since its debut in 1986, the obverse (heads) of this coin has featured Adolph A

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American Eagle 2018 One-Ounce Silver Proof Coin to go on sale January 4, 2018, at noon

The Mint’s first product scheduled to be released for 2018 will go on sale January 4 at noon. The American Eagle 2018 One-Ounce Silver Proof Coin, struck by the West Point Mint, contains one troy ounce of

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American Eagle 2018 One-Ounce Silver Proof Coin to go on sale January 4, 2018 at noon

The Mint’s first product scheduled to be released for 2018 will go on sale January 4 at noon. The American Eagle 2018 One-Ounce Silver Proof Coin, struck by the West Point Mint, contains one troy ounce of

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United States 2017 American Liberty 225th Anniversary Gold Coin

Description: In 2017, the United States Mint celebrated the 225th anniversary of its creation with the construction of the Philadelphia Mint as authorized by the Coinage Act of 1792. The highlight of the Mint’s celebrations was the 2017 American Liberty Proof Gold Coin. Part of a new series of coins and medals that showcase a […]

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U.S. Mint News – Four Piece Silver Medal Set Pricing Announced

By CoinWeek News Staff …. According to the Federal Register on Tuesday, September 12, the United States Mint has announced its price for the 2017 American Liberty 225th Anniversary Four-Piece Silver Medal Set. The initial retail price for each set is $199.95 USD. The set will be available for order on the Mint’s website on […]

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How Certified American Silver Eagles of the 2010s Have Fared in the Marketplace

  By Joshua McMorrow-Hernandez for CoinWeek.com …… Since their debut in 1986, American Silver Eagles (ASEs) have been one of the most popular bullion coin series in the world, but their appeal extends well beyond the arena of precious metals investing. The American Silver Eagle, authorized by the passage of the Liberty Coin Act of […]

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How Certified American Silver Eagles of the 2010s Have Fared in the Marketplace

By Joshua McMorrow-Hernandez for CoinWeek.com ……   Since their debut in 1986, American Silver Eagles (ASEs) have been one of the most popular bullion coin series in the world, but their appeal extends well beyond the arena of precious metals investing. The American Silver Eagle, authorized by the passage of the Liberty Coin Act of […]

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U. S. Mint Opens Sales for Uncirculated American Silver Eagle Coin June 29

The United States Mint will accept orders for the 2017 American Eagle One Ounce Silver Uncirculated Coin (product code 17EG) on June 29 at noon Eastern Time (ET). The American Eagle One Ounce Silver Uncirculated Coin is a collector version of the Mint’s American Eagle Silver Bullion Coin. Struck at the West Point Mint, its […]

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PCGS to Attribute Branch Mint Marks on Silver Eagles

UPDATE 4/7/2017 9:22AM PST: For 2014-2017 boxes that have a sticker on the side that includes the designation “WPM”, PCGS believes that these boxes, regardless of their serial number, originated in West Point. Therefore, at this time, and until we receive further clarification from the U.S. Mint, we will not be attributing such boxes to […]

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NGC Attribution of Mint Facility for Bullion Silver Eagles

NGC provides submission guidelines and mintage information for bullion Silver Eagles struck at various Mint facilities, 2011 to date Numismatic Guaranty Corporation (NGC) will attribute 2011 to 2017 bullion American Silver Eagles by the US Mint facility that struck the coins provided they are received by NGC in a sealed US Mint box. The attributions […]

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United States 2017 Boys Town Centennial $5 Gold Coin

Description: The 2017 Boys Town commemorative $5 gold coin is one of three special United States Mint issues that honor the 100th anniversary of the famous Nebraska-based organization that provides care for at-risk youth. The non-profit organization was founded in 1917 by Father Edward Flanagan, who established Boys Town in Omaha as a home for […]

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2017 American Liberty High Relief Gold Coin Program off to Slow (but Steady?) Start

Mint surprises with five distinct versions of the 2017 American Liberty silver medal By CoinWeek News Staff …. Did the 2017 American Liberty High Relief Proof Gold Coin sell out on its first day? No. According to Michael White of the Communications Office of the United States Mint, the 2017 edition of the American Liberty […]

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American Liberty 225th Anniversary Gold Coin to Be Released April 6

The United States Mint will begin accepting orders for the 2017 American Liberty 225th Anniversary Gold Coin (product code 17XA) on April 6 at noon Eastern Time (ET). Struck in conjunction with the Mint’s 225th anniversary, this unique coin portrays allegorical Liberty as an African-American woman. Its obverse design depicts a profile of Liberty wearing […]

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Modern US Coins – Coinage of the Obama Era

By Joshua McMorrow-Hernandez for CoinWeek.com …… It’s still unclear how history will ultimately remember the presidency of Barack Obama, who served as the 44th president of the United States from 2009 through 2017. But coin collectors can already honor the historic, two-term former commander-in-chief in their own ways. Over the course of the eight years […]

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Mint Director Jeppson Comments on 2017 American Liberty 225th Anniversary Gold Coin Unveiling

Treasury Secretary Jacob Lew, Deputy Treasury Secretary Sarah Bloom Raskin and United States Mint Principal Deputy Director Rhett Jeppson today unveiled designs for the 2017 American Liberty 225th Anniversary Gold Coin in the historic Department of the Treasury’s Cash Room. The ceremony, led by Mint Chief of Staff Elisa Basnight, kicked off a year-long series […]

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Mint Director Jeppson Comments on 2017 American Liberty 225th Anniversary Gold Coin Unveiling

Treasury Secretary Jacob Lew, Deputy Treasury Secretary Sarah Bloom Raskin and United States Mint Principal Deputy Director Rhett Jeppson today unveiled designs for the 2017 American Liberty 225th Anniversary Gold Coin in the historic Department of the Treasury’s Cash Room. The ceremony, led by Mint Chief of Staff Elisa Basnight, kicked off a year-long series […]

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Mint Director Comments – 225th Anniversary American Liberty Gold Coin

  Treasury Secretary Jacob Lew, Deputy Treasury Secretary Sarah Bloom Raskin and United States Mint Principal Deputy Director Rhett Jeppson today unveiled designs for the 2017  225th Anniversary American Liberty Gold Coin in the historic Department of the Treasury’s Cash Room. The ceremony, led by Mint Chief of Staff Elisa Basnight, kicked off a year-long […]

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A Glimpse Inside the Vault of the West Point Mint

Screen grab from the Mint’s B-roll footage inside the West Point Mint, posted on YouTube November 25, 2016. The signatures on the wall are from past visitors (one being then–Mint Director Edmund Moy, who’s pictured in the vault in part 3 of MNB’s series “Mint in Crisis”)

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2016 U.S. Mint Annual Uncirculated Dollar Coin Set Available Dec. 14

The 2016 United States Mint Annual Uncirculated Dollar Coin Set (product code 16RB) will be available for purchase starting on December 14 at noon Eastern Time (ET). Priced at $49.95, this set contains the following uncirculated quality $1 coins in production this year: Three Presidential $1 Coins Struck at the Philadelphia Mint, the obverses of […]

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The Coin Analyst: All You Need to Know About the 30th Anniversary American Silver Eagle

By Joshua McMorrow-Hernandez for CoinWeek.com …… The American Silver Eagle turns 30 years old in 2016. To honor the special occasion, the United States Mint is offering special-edition 30th Anniversary Proof and Uncirculated American Silver Eagles (ASEs) featuring a special edge inscription. 30th Anniversary American Silver Eagles are being minted at the U.S. Mint branch […]

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Standing Liberty Quarter Gold Coin on Sale Today

  By CoinWeek News Staff …. In case you haven’t done it already, right click on the link below to open a new tab or window: http://catalog.usmint.gov/standing-liberty-2016-centennial-gold-coin-16XC.html If you plan on ordering the 2016 Standing Liberty Quarter Centennial Gold Coin (product code 16XC), then make sure you have the Mint’s online catalog page open no […]

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US Modern Coin Profiles – 2016-W Gold Mercury Dime Centennial Gold Coin

This CoinWeek Coin Profile is Sponsored by Minshull Trading   Description: The Mercury or Winged Liberty dime (1916-1945) has long stood as an iconic coin the U.S. series. The coin’s elegant design draws heavily from the French Beaux Arts movement of the late 19th century. Its release immediately preceded the Roosevelt dime (1946-Present), and it is the […]

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No Order Limits for American $1 Coin, Currency Set as Year Ends

By CoinWeek News Staff…. As of December 1, the United States Mint has removed household order limits for the remaining 2015 American $1 Coin & Currency Sets in its inventory. A limit of five per household had been in place previously since the coin and currency set was first released on August 24. According to […]

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The Coin Analyst: 1982 Lincoln Cent Provides Collectors with Challenges, Rewards

  The Coin Analyst – CoinWeek.com 1982 was the year E.T. The Extra Terrestrial hit the silver screen. The average price of a new home was $80,000, and the Equal Rights Amendment failed ratification. It was also the year the United States Mint began making Lincoln cents from a 97.5% zinc, 2.5% copper alloy instead […]

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U.S. Mint to Open Sales for 2015 American Buffalo Gold Proof Coin April 9

The United States Mint will accept orders for the 2015 American Buffalo Gold Proof Coin (product code PM6) starting April 9 at noon, Eastern Daylight Time (EDT). The bureau has priced the coin based on its pricing strategy for numismatic products containing precious metals. Current pricing information is available at catalog.usmint.gov. Orders will be accepted […]

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2015-W Mint State Silver Eagle Coins – Special Designation Inserts

The 2015-W Mint State Silver Eagle will be the latest release in the popular American Silver Eagle series. Coins will go on sale Thursday, March 26, and are expected to be available for purchase at the US Mint booth at the Whitman Baltimore Show. NGC will offer its FIRST DAY OF ISSUE and BALTIMORE SHOW […]

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