Entries from January 2011 ↓

No More Satin Finish Mint Sets

The United States Mint has indicated that the “satin finish” will no longer be used for the annual Uncirculated Mint Set. This finish had been used for the sets since 2005. From 2011, a brilliant finish will be used.

The satin finish has a frosted look that is created by sandblasting the coin dies and burnishing the coin blanks. This created coins that were potentially in higher grades, provided they were not covered by contact or handling marks.

For some years such as 2005, higher grades are abundant. However, in the past two years, more often than not coins could not achieve the highest grades due to the aforementioned contact marks.

With the change, registry set collections will have less coins to worry about finding each year. Some interesting subsets are also created, consisting of satin finish coins issued from 2005 to 2010. Personally, I had been working on a satin finish Presidential Dollars Set. Now, I will try to complete this collection in earnest.

The scheduled release date for the 2011 Mint Set is February 8, 2011. This will be many months earlier than the release date set for the 2010 Mint Set.

2011 American Silver Eagles

The American Silver Eagle combines a classic design with one troy ounce of .999 fine silver. This combination has made the coin one of the most popular annual offerings of the United States Mint.

The obverse design is taken from Adolph A. Weinman’s Walking Liberty Half Dollar, issued for circulation from 1916 to 1947. Liberty’s full figure is depicted striding towards a rising sun, while she holds a bouquet of olive branches and has an American flag draped across her shoulders. The reverse was created specifically for the series and features a heraldic eagle designed by John Mercanti.

The 2011 Silver Eagles will represent the latest year of the series, which began in 1986. The bullion coins are distributed through the US Mint’s network of authorized purchasers. They buy the coins in bulk quantities of at least 25,000 ounces based on the market price of silver plus a mark up. The coins are then resold to other dealers and the public.

The first opportunity for the authorized purchasers to order 2011 dated Silver Eagle bullion coins was January 3, 2011. Once order fulfillment begins from the US Mint the coins will make their way into the hands of collectors, continuing the tradition for this beautiful series.

US Mint 2011 Numismatic Product Schedule

As a change from recent years, the US Mint has announced nearly their entire numismatic product schedule for the upcoming year. It had become practice to release the schedule piecemeal, often with estimated release dates and numerous “TBD’s”. This time there is only one TBD, and incredibly release dates listed for Proof Gold and Silver Eagles.

Among the notable missing, are the numismatic versions of the America the Beautiful 5 oz Silver Coins. With collectors still having trouble finding the bullion versions, many are eagerly awaiting the collector versions. Although the mintages will be lower, at least everyone will have a fair shot at them through the US Mint’s website.

The US Mint’s 2011 numismatic product schedule is reproduced below.

2010 America the Beautiful Quarters Three-Coin SetTM – Yellowstone 01/05/11
2011 United States Mint Proof Set® 01/11/11
2011 United States Mint Silver Proof SetTM 01/25/11
America the Beautiful Quarters® Bags and Two-Roll Set – Gettysburg (PA) 01/27/11
2011 United States Army Commemorative Coin Program 01/31/11
2011 United States Mint Uncirculated Coin Set® 02/08/11
2011 Kennedy Half-Dollar Bags and Two-Roll Set 02/15/11
2011 United States Mint Presidential $1 Coin Proof SetTM 02/22/11
Andrew Johnson $1 Coin Rolls 02/23/11
2011 Medal of Honor Commemorative Coin Program 02/25/11
America the Beautiful Quarters Three-Coin SetTM – Yosemite 03/01/11
First Spouse Series One-Half Ounce Gold Coin – Eliza Johnson 03/03/11
Eliza Johnson Bronze Medal 1-5/16″ 03/03/11
2011 United States Mint Presidential $1 Coin & First Spouse Medal SetTM – Andrew Johnson 03/15/11
2011 United States Mint America the Beautiful Quarters Proof SetTM 03/22/11
2011 Native American $1 Coin Rolls 03/28/11
2011 United States Mint America the Beautiful Silver Quarters Proof SetTM 03/29/11
Andrew Johnson $1 Coin Cover 03/31/11
America the Beautiful Quarters® Bags and Two-Roll Set – Glacier (MT) 04/04/11
2011 American Buffalo Gold Proof Coin 04/18/11
America the Beautiful Quarters Uncirculated Coin SetTM 04/19/11
2011 American Eagle Gold Proof Coins 04/21/11
2010 America the Beautiful Quarters Three-Coin SetTM – Mount Hood 05/04/11
2011 American Eagle Uncirculated Gold Coin 05/05/11
Ulysses S. Grant $1 Coin Roll 05/19/11
2011 American Eagle Platinum Proof Coin 05/26/11
First Spouse Series One-Half Ounce Gold Coin – Julia Grant 06/02/11
Julia Grant Bronze Medal 1-5/16″ 06/02/11
America the Beautiful Quarters® Bags and Two-Roll Set – Olympic (WA) 06/13/11
2011 United States Mint Presidential $1 Coin & First Spouse Medal SetTM – Ulysses S. Grant 06/23/11
Ulysses S. Grant $1 Coin Cover 06/30/11
2011 American Eagle Silver Proof Coins By 07/06/11
America the Beautiful Quarters Three-Coin SetTM – Gettysburg 07/27/11
America the Beautiful Quarters Three-Coin SetTM – Glacier 07/27/11
America the Beautiful Quarters Three-Coin SetTM – Olympic 07/27/11
Rutherford B. Hayes $1 Coin Rolls 08/18/11
America the Beautiful Quarters® Bags and Two-Roll Set – Vicksburg (MS) 08/29/11
First Spouse Series One-Half Ounce Gold Coin – Lucy Hayes 09/01/11
Lucy Hayes Bronze Medal 1-5/16″ 09/01/11
United States Mint Presidential $1 Coin & Liberty Medal SetTM – Rutherford B. Hayes 09/22/11
Rutherford B. Hayes $1 Coin Cover 09/29/11
America the Beautiful Quarters Three-Coin SetTM – Vicksburg 10/19/11
America the Beautiful Quarters® Bags and Two-Roll Set – Chickasaw(OK) 11/14/11
James Garfield $1 Coin Rolls 11/17/11
2011 America the Beautiful Quarters® Circulating Coin Set 11/22/11
First Spouse Series One-Half Ounce Gold Coin – Lucretia Garfield 12/01/11
Lucretia Garfield Bronze Medal 1-5/16″ 12/01/11
First Spouse Bronze Four-Medal Set 12/01/11
America the Beautiful Quarters Three-Coin SetTM – Chickasaw 12/20/11
2011 United States Mint Presidential $1 Coin & First Spouse Medal SetTM – James Garfield 12/22/11
James Garfield $1 Coin Cover 12/29/11
2011 American Eagle Silver Uncirculated Coin TBD