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Is it 3rd down, 20 yards to go in the Mint game?

The Mint confirms that it is striking proof gold American Eagle coins to be sold later this year.

This appears to be another step forward in the regularization of markets following the upsets of the past two years signaled if not triggered by the Lehman Brothers failure of two years ago.

This week’s Numismatic News poll question asked readers whether the proof silver American Eagle would be offered yet this year. So far, the results are evenly split, meaning that you could toss a coin and match the results so far.

Some collectors undoubtedly are optimists by nature and expect all will come right in the end despite the fact that there are hardly 100 days left in the year. Some are pessimists and think the worst is already baked in the cake and there will be no silver proofs just like last year.

However, at least events are now flowing in the right direction for those who want to buy a 2010 silver proof. As with some football games that come down to the final drive in the final minute, the fate of the proof silver Eagle will keep collectors on the edge of their chairs until the Mint acts one way or the other.

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One Response to Is it 3rd down, 20 yards to go in the Mint game?

  1. Vachon says:

    If there are no silver eagle proofs for 2010 as well, I just may consider actually buying into this series because it will now have "character" such as what distinguishes previous coin designs from the modern era. What makes older coins interesting is that they weren’t produced by every mint every year it was possible to do so. It adds stories to the set. Likewise, the absence of a 2009 and possibly 2010 proof will also give the set a story making it more worthwhile than would an endless on-time progression of coins.

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