Important News! CoinLink has merged..... Visit our NEW Site www.CoinWeek.com

BREAKING NEWS:....... Vist Our NEW Site at CoinWeek.com

Author Archive for

Since Congress created the United States Mint on April 2, 1792 the primary mission of the United States Mint is to produce an adequate volume of circulating coinage for the nation. As a self-funded agency, the United States Mint turns revenues beyond its operating expenses over to the General Fund of the Treasury.Other responsibilities, include: Maintaining physical custody and protection of the Nation's $100 billion of U.S. gold and silver assets, Manufacturing and selling platinum, gold, and silver bullion coins,Overseeing of production facilities in Denver, Philadelphia, San Francisco and West Point, as well as the U.S. Bullion Depository at Fort Knox, Kentucky.

2010 American Eagle Platinum Proof Coin Available August 12

Coin features second new reverse design in six-year “Preamble Series”

The United States Mint today announced that it will begin sales of the one-ounce 2010 American Eagle Platinum Proof Coin at noon Eastern Time (ET) on August 12, 2010. The 2010 coin features the second reverse (tails side) design in the six-year “Preamble Series” program introduced in 2009. The program commemorates the core concepts of American democracy by featuring the six principles of the Preamble of the U.S. Constitution. The 2010 coin design is emblematic of the theme “To Establish Justice,” the second principle found in the Preamble.

The reverse designs of the coins in the series are inspired by narratives prepared by the Chief Justice of the United States at the request of the United States Mint. The other five design themes are: “To Form a More Perfect Union” (released in 2009); “To Insure Domestic Tranquility” (2011); “To Provide for the Common Defence” (2012); “To Promote the General Welfare” (2013); and “To Secure the Blessings of Liberty to Ourselves and our Posterity” (2014).

Orders will be accepted at the United States Mint’s Online Catalog at http://www.usmint.gov/catalog or at the toll-free number 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers may order by calling 1-888-321-MINT. A shipping and handling fee of $4.95 will be added to all domestic orders. Orders will be limited to five coins per household for the first week of the product’s release. At the end of this week, the United States Mint will re-evaluate this limit and either extend, adjust or remove it.

The 2010 coin’s reverse was designed by United States Mint Artistic Infusion Program Master Designer Donna Weaver and sculpted by Sculptor-Engraver Phebe Hemphill. The design features a blindfolded justice-symbolizing impartiality-holding traditional scales and carrying a branch of laurel. Inscriptions are JUSTICE THE GUARDIAN OF LIBERTY (from the east pediment of the Supreme Court building), 1oz., $100, .9995 PLATINUM and UNITED STATES OF AMERICA. A new design element, an American Eagle “privy mark,” is being included on each coin in the series. The privy mark is from an original “coin punch” identified at the United States Mint at Philadelphia. The coin’s obverse (heads side) was designed and sculpted by United States Mint Chief Engraver John Mercanti. The design features Lady Liberty, a symbol of vigilance and resolute faithfulness to duty.

The American Eagle Platinum Proof Coins are minted at the United States Mint at West Point and have the W mint mark. Mintage is limited to 10,000 units. The coin’s price will be based on the United States Mint’s pricing structure for numismatic products containing precious metals.

Yosemite National Park Quarters Available July 26

The United States Mint will offer America the Beautiful QuartersTM bags and rolls, containing quarter-dollar coins honoring Yosemite National Park in California, beginning at noon Eastern Time (ET) on July 26. The coins, minted at the United States Mint facilities at Denver and at Philadelphia, will be available in two-roll sets priced at $32.95 each and 100-coin bags priced at $35.95 each. The two-roll sets contain one roll each of 40 coins bearing the P and D mint marks, wrapped in distinctive packaging displaying the name “Yosemite,” the abbreviation “CA” for California, the mint of origin and “$10,” the face value of its contents. The canvas 100-coin bags bear tags denoting their mint of origin, “Yosemite,” “CA” and “$25,” the total value of their contents.

Orders will be accepted online at http://www.usmint.gov/catalog or at the toll-free number 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468). All domestic orders are assessed a shipping and handling fee of $4.95 each.

The Yosemite National Park quarter is the third release in the United States Mint America the Beautiful Quarters Program, a new multi-year initiative to honor 56 national parks and other sites in each state, the District of Columbia and the five U.S. territories. The coin’s reverse (tails side) design depicts the iconic El Capitan, which rises more than 3,000 feet above the valley floor and is the largest monolith of granite in the world. Inscriptions are YOSEMITE, CALIFORNIA, 2010 and E PLURIBUS UNUM. The reverse image was designed by United States Mint Sculptor-Engraver Joseph Menna and sculpted by United States Mint Sculptor-Engraver Phebe Hemphill.

The coin’s obverse (heads side) design-common to each coin in the series-continues to feature the 1932 portrait of George Washington by John Flanagan, restored to bring out subtle details and the beauty of the original model. Inscriptions are UNITED STATES OF AMERICA, LIBERTY, IN GOD WE TRUST and QUARTER DOLLAR.

The United States Mint, created by Congress in 1792, is the Nation’s sole manufacturer of legal tender coinage. Its primary mission is to produce an adequate volume of circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.

Note: To ensure that all members of the public have fair and equal access to United States Mint products, orders placed prior to the official on-sale date and time of July 26, 2010, noon ET, shall not be deemed accepted by the United States Mint and will not be honored. For more information, please review the United States Mint’s Frequently Asked Questions, Answer ID #175.

US Mint to Release Annual 2010 Uncirculated and Proof Coin Sets This Month

The 2010 United States Mint Uncirculated Set®, priced at $31.95, will be available on July 15; and the 2010 United States Mint Proof Set®, priced at $31.95, will be available on July 22.

Both sets include the first five commemorative quarter-dollar coins in the America the Beautiful QuartersTM Program, honoring Hot Springs National Park (Arkansas), Yellowstone National Park (Wyoming), Yosemite National Park (California), Grand Canyon National Park (Arizona), and Mount Hood National Forest (Oregon). The sets also include four Presidential $1 Coins, honoring Presidents Millard Fillmore, Franklin Pierce, James Buchanan and Abraham Lincoln; one Native American $1 Coin; one Kennedy half-dollar coin; one Jefferson 5-cetn coin; one Roosevelt dime coin; and one Lincoln one-cent cent.

The United States Mint Uncirculated Coin Set includes two folders, each containing 14 coins from the United States Mint facilities at Denver and Philadelphia. The coins are struck on special presses using greater force than circulating coins, producing a sharp, intricately detailed image. The satin-finish coins are displayed in a folder that includes a Certificate of Authenticity.

The United States Mint Proof Set contains 14 coins that bear the “S” mint mark of the United States Mint at San Francisco. The coins are manufactured using specially prepared, highly polished dies. The coins are extraordinarily brilliant, with sharp relief and a mirror-like background. A frosted, sculpted foreground gives these coins a special cameo effect. The coins are sealed in three protective lenses to showcase and maintain their exceptional finish. A Certificate of Authenticity is included with each set.

Sales for these sets will open at noon Eastern Time (ET) on the specified release dates. Orders will be accepted at the United States Mint’s Web site, http://www.usmint.gov/catalog, or at the toll-free number, 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers may order by calling 1-888-321-MINT (6468). All domestic orders will be assessed a shipping and handling fee of $4.95 per order.

Customers may also acquire the United States Mint Uncirculated Set and the United States Mint Proof Set through the Online Subscription Program. For more information about this convenient ordering method, please visit http://www.usmint.gov/catalog. (more…)

DISCLAIMER: All content within CoinLink is presented for informational purposes only, with no guarantee of accuracy.
CoinLink does not buy or sell coins or numismatic material, and has no ownership interest in any web site listed within CoinLink.
All News and Article links are direct, without framing, to the original source, which is solely responsible for the content.
No endorsement or affiliation to or from CoinLink is made.