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Silver Eagle mintages still a mystery

The Mint has poured a little cold water on recent efforts to determine mintages of recent silver American Eagle bullion coins struck in San Francisco and Philadelphia.

Since the coins do not carry mintmarks, they all outwardly seem to be made at the primary production facility of West Point.

The effort to make the definitive identifications is based on a Freedom of Information Act request to the government made by Coin World earlier this year.

In response the Mint has issued the following statement that promises more information at the end of June.

“American Eagle Bullion Press Statement

“By way of background, while most American Eagle silver bullion coins have been minted at the West Point Mint, to meet demand the United States Mint (Mint) has sometimes produced these coins at the Philadelphia and San Francisco Mint facilities. It is important to note that the Mint offers bullion coins through Authorized Purchasers to provide investors the opportunity to acquire precious metal coins at a slight premium to spot market prices. As such, all Mint silver bullion coins are, by their very nature, homogeneous. None of these coins bears a mint mark designating the facility where it was produced. The Mint’s goal is to ensure that the American Eagle silver bullion coins struck at any of these three facilities are identical and indistinguishable from one another.

“On March 20, 2017, in response to a request made pursuant to the Freedom of Information Act, the Mint released internal manufacturing tracking numbers used on the boxes that contain American Eagle silver bullion coins that are shipped to Authorized Purchasers. It has come to the Mint’s attention that some of the information that was released on March 20 was erroneous.

“The erroneous information released on March 20, as well as confusion surrounding the Mint’s use of internal manufacturing tracking numbers – specifically those connected with American Eagle silver bullion coins – has resulted in a mistaken belief that some of these coins are rarities.

The internal manufacturing tracking numbers on these boxes support the Mint’s quality control program and were not intended for the public to rely on to establish which Mint facility produced the silver bullion coins.

“The Mint will provide new information regarding these coins by the end of June.”

 

This article was originally printed in Numismatic News Express. >> Subscribe today

 

More Collecting Resources

• If you enjoy reading about what inspires coin designs, you’ll want to check out Fascinating Facts, Mysteries & Myths about U.S. Coins.

• Is that coin in your hand the real deal or a clever fake? Discover the difference with U.S. Coins Close Up, a one-of-a-kind visual guide to every U.S. coin type.

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