ATB 'P' Mint Mark Coin Thread

[MrLucky]

I'm still collecting both too. Not exactly sure why, but I am. I may eventually drop the bullion version and stay with the P's only. But for now it's both.

Yup, Vicksburg sure is a pretty coin.

[ChoiceBU]

This is not specifically a P post, but since some collect both, have you noticed no fan fare about the bullion version of El Yunque? Apmex has an alert posted on the website for it but I cannot find it even mentioned as "coming" on other dealer sites. If APs aren't going to buy these for fear of getting stuck with them, it would be nice for the Mint to offer them direct to the public. Otherwise, we'll have no choice but Apmex (not slamming them for cherry picking, but they do)! At least they'll carry it. What happened to the others, Amark, MTB, Fidelitrade, etc? This is just another example of ATB's going nowhere fast and it's a shame really.

[HistoryStudent]

HUGE COIN = biggest ever all around as a major issue coin(S).

High material content 5 oz. & LOW PRICE around $200.00

US mint put a value on it and a date

Low mintage on the "P"s (27K) & bullion will not be that bad as the sales die off

The US Mint gave these a foul smell with the first bullion issues.

JUST hold your NOSE and BUY like hell.




So you tell me "what's not to like?"

I FRANKLY really wonder when they will CAN the sales on these - which year will they stop?

As long as we have 10 issues we're safe for collecting purposes.

[HistoryStudent]

This is not specifically a P post, but since some collect both, have you noticed no fan fare about the bullion version of El Yunque? Apmex has an alert posted on the website for it but I cannot find it even mentioned as "coming" on other dealer sites. If APs aren't going to buy these for fear of getting stuck with them, it would be nice for the Mint to offer them direct to the public. Otherwise, we'll have no choice but Apmex (not slamming them for cherry picking, but they do)! At least they'll carry it. What happened to the others, Amark, MTB, Fidelitrade, etc? This is just another example of ATB's going nowhere fast and it's a shame really.

PROFOUND.

Thanks ~ HS

[badhop55]

Here's a question.
Have any of you gone to the coin shop and seen any pricing on raw or graded?
Have any of you taken yours in for an offer?
P's or bullion?

I called way back when (I think 5/2011) on one shop when the 2010 P's were 279 and a shop had 1 and wanted 329 on a raw one.
I saw one raw 2010 bullion in 11/2011 at the Houston coin show and they wanted 249. A wild-eyed kid was holding it, showing his Dad.
It would be kinda cool to write up a historical piece on what we blathered about here and the PCGS website, the distributors, the mint's reaction, the ups and downs of prices, supply and demand.

When all the craziness was going on in 2010 prior to the release of the first bullion I started keeping copies of articles, comments etc starting with an item dated 18 Feb 2010 covering comments by the mint director stating the problems being encountered in trying to meet the specs set down by congress. All told I've got 3 manila envelopes with a total of 81 separate items covering the "Crazy Period" ending 13 Apr 2011. They are all paper copies so I may have them scanned and put on a CD. Should be a fun chronological read.

[lightcycler]

This is not specifically a P post, but since some collect both, have you noticed no fan fare about the bullion version of El Yunque? Apmex has an alert posted on the website for it but I cannot find it even mentioned as "coming" on other dealer sites. If APs aren't going to buy these for fear of getting stuck with them, it would be nice for the Mint to offer them direct to the public. Otherwise, we'll have no choice but Apmex (not slamming them for cherry picking, but they do)! At least they'll carry it. What happened to the others, Amark, MTB, Fidelitrade, etc? This is just another example of ATB's going nowhere fast and it's a shame really.

I wonder if it even pays Apmex to continue to cherry pick? They unloaded glaciers and gettys graded at just over spot. They have over 700 glacier 69dmpl's at $5.99 over spot. They have 100 Olympic 69 dmpl. No vicksburgs in 69 dmpl and 36 Chickasaw in 69dmpl. Looks like they are shutting down as there just isn't a market. Man I would think it will be tough to make that cherry picking game pay off? In the end I'll buy from Provident as I'm sure they will have them in tubes.

[ChoiceBU]

Check this out, this is the first I've heard about reduced mintages:


Mint Stats: Interest Wanes for 5-oz Coins
By Debbie Bradley, Numismatic News
February 01, 2012
This article was originally printed in Numismatic News.

It’s almost hard to remember the frenzy as collectors scurried to get the first 5 ounce America the Beautiful silver coins just two years ago. At its peak, the first five coins in the bullion series sold for nearly $5,000 a set.

It would be an exaggeration to say you can’t give them away these days, but truth is the interest just isn’t there.

So it wasn’t surprising when U.S. Mint Deputy Director Richard A. Peterson announced recently that mintages will be dialed back for both the bullion and collector ATB 5 ounce coins in 2012.

The Mint had been producing 126,700 of the bullion coins. Petersen said the new mintage has been “penciled” in at 45,000 per bullion coin. As for numismatic collector coins, that mintage looks to be at 25,000, compared to the previous counts of 35,000.

The last three 5-counce coins of 2011 haven’t sold out yet, and the first coin of 2012 is already on the market. Lower mintages seem a good idea.

And who knows, maybe that will make the numismatic coins more collectible in years to come.

[luke2012]

I think the mintage is to high on the bullion coins for them to ever demand a high numismatic premium at any grade. I think the "p" coins is where the investment value is at.

[Oldmansmith]

Check this out, this is the first I've heard about reduced mintages:


Mint Stats: Interest Wanes for 5-oz Coins
By Debbie Bradley, Numismatic News
February 01, 2012
This article was originally printed in Numismatic News.

It’s almost hard to remember the frenzy as collectors scurried to get the first 5 ounce America the Beautiful silver coins just two years ago. At its peak, the first five coins in the bullion series sold for nearly $5,000 a set.

It would be an exaggeration to say you can’t give them away these days, but truth is the interest just isn’t there.

So it wasn’t surprising when U.S. Mint Deputy Director Richard A. Peterson announced recently that mintages will be dialed back for both the bullion and collector ATB 5 ounce coins in 2012.

The Mint had been producing 126,700 of the bullion coins. Petersen said the new mintage has been “penciled” in at 45,000 per bullion coin. As for numismatic collector coins, that mintage looks to be at 25,000, compared to the previous counts of 35,000.

The last three 5-counce coins of 2011 haven’t sold out yet, and the first coin of 2012 is already on the market. Lower mintages seem a good idea.

And who knows, maybe that will make the numismatic coins more collectible in years to come.




This is why I keep buying them.

Aside from the fact that I LIKE them.

[Dude]

Thanks, guys.
Keep the info rolling.

I've got some nicely graded and raw ones at an average cost of $30 an ounce. What the hell am I gonna do with 300 ounces of ATBs when I had no intention of purchasing silver in that time frame because spot over $30 an ounce? My Jack Hunt set was delivered when silver was $45 an ounce. Maybe the distributors are pissed and boycotting this series.

Who needs a beer? Oh, I said that on another post.

I'm a little flip this evening. Sorry.

[HistoryStudent]

This is why I keep buying them.

Aside from the fact that I LIKE them.


I have the same reason PLUS

HUGE COIN = biggest ever all around as a major issue coin(S).

High material content 5 oz. & LOW PRICE around $200.00


LIKE buying the 2011 5 coin 25th Set in ONE coin "P" if things go the way I planned they would.


Plus perhaps the US Mint will drop them like a PLATINUM 2009 PROOF.

or many other things they dropped over the years.


They are about as popular Osama Been Forgotten was. (that's a joke!):yes::flute::flute:

[vintage collector]

I will continue to keep buying these also because I like them and the size of them.

As far as I am concerned the less they make and sell per issue the better.:36_1_11:

[MrLucky]

For reasons I cannot explain, I just ordered 2 more ATB's.


*help meeeeeeeeeeee* (said in a tiny voice)

:Surrender:

[Chester-Copperpot]

I vowed to give up buying these......


http://www.youtube.com/watch?v=G29DXfcdhBg

[ChoiceBU]

2011 America the Beautiful Five Ounce Silver Uncirculated Coin™ – Chickasaw National Recreation Area, Oklahoma (NP10)



Price: $204.95 Remind Me?
This product will be available for sale
on February 9, 2012 at 12:00 Noon (ET).

OK, the folks still buying these, you've been reminded~:flute:

[birddog]

2011 America the Beautiful Five Ounce Silver Uncirculated Coin™ – Chickasaw National Recreation Area, Oklahoma (NP10)



Price: $204.95 Remind Me?
This product will be available for sale
on February 9, 2012 at 12:00 Noon (ET).

OK, the folks still buying these, you've been reminded~:flute:

You beat me to it! I was just stopping by to do to same....

[MrLucky]

I wonder when (or if?) the 2012's are coming out.

[RoadKing]

So, are these (P) worth picking up a few, OR pick up some of the Bullion, OR just let em both go and buy something else?

I've been reading both threads and for a relative noob to this sort of stuff, it is confusing, so any of you experts please feel free to express opinions on potential return (ROI).

Thanks in Advance,
RK

[HistoryStudent]

So, are these (P) worth picking up a few, OR pick up some of the Bullion, OR just let em both go and buy something else?

I've been reading both threads and for a relative noob to this sort of stuff, it is confusing, so any of you experts please feel free to express opinions on potential return (ROI).

Thanks in Advance,
RK

Any 5 ounce ATB - "P" coin - slabbed or not is worth the time TO BUY because of the LOW MINTAGES - period.


The 5 oz. ATB regular bullion coins do you own due diligence on mintages because they are either really high or really low.


I collect them ALL because I see that sooner or later the US mint will throw in the towel and do a WH renege on them and pull them off the
future mintages. They are just TOO big and TOO much product.

IMVHO trying to front run ANOTHER govy normal FUBAR ficasco. Sorry. :musicus::musicus::musicus::musicus:

[Oldmansmith]

I agree with HS but I wouldn't chase any of the previous issues unless you can get them relatively close to spot. I've been buying one of each for the collection as we go along.

I think the "P" pucks especially may take off if (when) they discontinue the series. I would start with what the mint is offering right now if interested.

[ChoiceBU]

So, are these (P) worth picking up a few, OR pick up some of the Bullion, OR just let em both go and buy something else?

I've been reading both threads and for a relative noob to this sort of stuff, it is confusing, so any of you experts please feel free to express opinions on potential return (ROI).

Thanks in Advance,
RKInterest in these has sort of died out except for collectors (and a few stackers with room to store). They are unique in size and design, and there is some belief that the lowest mintage issues of ATB's may hold a premium in the future (the Mint has already said they will not produce the same number of each going forward). I don't think you go wrong if you get any close to spot, so why not get a couple and see what you think when you have them in hand?

I agree with Old that P's might be a good buy at the mint current price. I personally prefer the "shiny" bullion coins. Good luck.

[ChoiceBU]

Any 5 ounce ATB - "P" coin - slabbed or not is worth the time TO BUY because of the LOW MINTAGES - period.


The 5 oz. ATB regular bullion coins do you own due diligence on mintages because they are either really high or really low.


I collect them ALL because I see that sooner or later the US mint will throw in the towel and do a WH renege on them and pull them off the
future mintages. They are just TOO big and TOO much product.

IMVHO trying to front run ANOTHER govy normal FUBAR ficasco. Sorry. :musicus::musicus::musicus::musicus:HS, you must have one helluva safe!

[HistoryStudent]

Interest in these has sort of died out except for collectors (and a few stackers with room to store). They are unique in size and design, and there is some belief that the lowest mintage issues of ATB's may hold a premium in the future (the Mint has already said they will not produce the same number of each going forward). I don't think you go wrong if you get any close to spot, so why not get a couple and see what you think when you have them in hand?

I agree with Old that P's might be a good buy at the mint current price. I personally prefer the "shiny" bullion coins. Good luck.

I agree on the shiny thing too.

However, just like the early Saint proofs that were satiny proofs - they did not sell but are really popular now.

If you have $50,000 for a coin. That is.


That's why I like them both. Shiny bullion and Satin "P"s.

Think about it a set of 5 silver quarters with only about an ounce total weight of silver runs around $150 slabbed - yet a
five ounce "P" now runs around $230.

http://moderncoinmart.com/cart1/home.php

[Oldmansmith]

I personally prefer the "shiny" bullion coins. Good luck.

Agree, I got some sweet "raw" bullion coins from MCM for a very good price, but no returns so it is a crap shoot. I just bought the Chicksaw on the mint site and they still have 5 different designs for sale at under $41/oz plus shipping. How can the Gettysburg not sold out with all the civil war nuts?

Personally, I think that they are the greatest if you like the ATB designs. I collect the silver proof quarters too and the five ounce size totally blows them away.

If they end this series suddenly I think it will be like when you could get the Van Buren spouse for like $600 bucks from the mint and then you couldn't. Everybody will be going: And WHY didn't I buy these hand over fist? DOH!

[Shortstack]

You beat me to it! I was just stopping by to do to same....

Just ordered my chicksaw, as well as 10 of the 2011 silver "w" uncerc eagles. Now have 50 of the 2011 silver "w" eagles

[birddog]

Just ordered my chicksaw, as well as 10 of the 2011 silver "w" uncerc eagles. Now have 50 of the 2011 silver "w" eagles

Good job accumulating the Ws. I just picked up a couple more with my P because I need to save up for the tube of mooses when they come out....

[SongSungAU]

Wow! The Mint is on the ball. I ordered my Chickasaw ATB yesterday and I just logged onto the site today for the heck of it and I see they are shipping my puck out today. That is the fastest order I have ever had processed at the U.S. Mint.

[Milanion]

I haven't bought the latest one, though out of the 11 Vicksburg I bought, only 2 were close to good enough to keep for my standards. I'm pretty picky, I don't like nicks or lots of scratches on something new and supposed to be a collector item.

Once the Mint refunds me for 9 of them, I might go back around and pick up the Chickasaw ones or just pickup a SP69 and be done with it.

They also removed the household limits on these, they must be running out of warehouse space.

[HistoryStudent]

Agree, I got some sweet "raw" bullion coins from MCM for a very good price, but no returns so it is a crap shoot. I just bought the Chicksaw on the mint site and they still have 5 different designs for sale at under $41/oz plus shipping. How can the Gettysburg not sold out with all the civil war nuts?

Personally, I think that they are the greatest if you like the ATB designs. I collect the silver proof quarters too and the five ounce size totally blows them away.

If they end this series suddenly I think it will be like when you could get the Van Buren spouse for like $600 bucks from the mint and then you couldn't. Everybody will be going: And WHY didn't I buy these hand over fist? DOH!

everyone should read that twice! ~HS

[MrLucky]

Wow! The Mint is on the ball. I ordered my Chickasaw ATB yesterday and I just logged onto the site today for the heck of it and I see they are shipping my puck out today. That is the fastest order I have ever had processed at the U.S. Mint.

They shipped mine too. Maybe we were the only ones who ordered......:rolleyes: