Ready for Getty?
This article was originally printed in Numismatic News.
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The 2011 5-ounce America the Beautiful silver bullion coin honoring Gettysburg National Military Park is slated to go on sale the end of April.
It will be allocated to the U.S. Mint’s list of Authorized Purchasers who can verify that they sold all of the 2010 five-coin ATB sets they received.
But this time around, the AP’s won’t be limited in how many they can sell to one individual. That should get the coins into the hands of local dealers faster.
“After the AP purchases the coins from the United States Mint, there will be no restrictions on sales in the secondary market,” said Tom Jurkowsky, Mint director of public affairs.
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The actual cost of the coins has not yet been determined by the Mint, Jurkowsky said, but it will reflect the current market price of silver, which is now hovering around $36 an ounce.
The Mint charged AP’s a $9.75 premium per coin for the 2010 ATB bullion coins and limited the markup they could charge. Jurkowsky said the premium charged for the 2011 coins will be the same, but there will be no limit on markups for the 2011 coins.
As for the numismatic versions of the 2010 ATB silver coins, Jurkowsky said the Mint is targeting the end of April for the sale of the first numismatic uncirculated coin featuring the Hot Springs National park design. There will 27,000 of those coins available directly from the Mint.
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