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Platinum numbers studied carefully

I was sitting in the chair at the dentist this morning during my usual blog posting time. I hope the regulars will forgive my tardiness.

I am glad to see comments being posted about the mintage figures for the “W” uncirculated platinum American Eagle coins.

First, I will answer the inquiry about where I get the numbers. I obtain them directly from the Mint’s press office as they become available each week. I appreciate the Mint’s help in getting them to me because I know how closely these are followed, especially at the end of each year.

As far as the comparisons to the “W” proofs go, I will mention that these numbers are published each week in Numismatic News and are also published each Thursday on the www.numismaster.com Web site and the www.numismaticnews.net Web site.

The uncirculated ounce stands at 393, while the proof version currently stands at 1,560.

The half-ounce uncirculated total is 802 and the proof half ounce is 781.

For the quarter ounce, the uncirculated is 2,138 and the proof is 1,025.

The tenth-ounce uncirculated is 2,500 and the proof version is 2,224.

The four-coin set of uncirculated coins stands at 1,191 and the proof four-coin set is 1,390.

That’s it for today. Let the parsing begin.

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One Response to Platinum numbers studied carefully

  1. Dan says:

    There was a rumor online a week or two ago that the Mint plans to eliminate the fractional platinums from its offerings starting in 2009. Any chance your sources might weigh in on this?

    Also, the consensus opinion from active platinum collectors on the message boards I’m involved in seem to universally dislike the 2009 design selected by Citizens Coinage Advisory Committee, with the motto "A more perfect union." http://www.ccac.gov/media/calendar/meetingMinutes/2008_08.doc

    The planned 2009 diversity design is a real departure from the more classic designs of the platinum coins since 1997, and the use of a privy mark to satisfy the requirement of an eagle depiction is similarly disappointing. Platinum collectors have already endured big swings in issue price, the Mint experimenting with multiple offerings (which doubled in 2006 with the uncirculated-w coins) and the ill-conceived 2007 reverse proof set. I doubt that anyone on CCAC collects platinum. The diversity design is better placed on a silver dollar that will be affordable and stands a chance at selling 50,000 and reaching the public than placed on an expensive low mintage platinum coin, and undermine the design integrity of the series.

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