US Mint 2011 Product Releases from May 4 to 5

by CoinNews.net on May 2, 2011 · 0 comments

The United States Mint this week on May 4 and 5 will issue three collector products after four launched last week.

Uncirculated Gold Eagle, Eliza Johnson Gold Coin Design, Mount Hood Quarter

Uncirculated Gold Eagle, Eliza Johnson Gold Coin Design, Mount Hood Quarter

Scheduled for release is the final 2010-dated America the Beautiful Quarters Three-Coin Set™ and two numismatic products with this year’s date, the 2011 Uncirculated American Gold Eagle Coin, and the Eliza Johnson First Spouse Gold Coin. Each of the products are set for a 12:00 noon Eastern Time release.

Mount Hood Quarters Three-Coin Set – May 4

The United States Mint will launch the Mount Hood Quarters Three-Coin Set on Wednesday, May 4, for a price of $14.95, plus $4.95 for shipping and handling. The set is produced for collectors as it contains numismatic coins with:

  • an uncirculated 25c piece from the US Mint at Philadelphia,
  • an uncirculated 25c piece from the US Mint at Denver, and
  • a proof 25c piece from the US Mint at San Francisco

The three-coin set is the fifth in the series and one of the few remaining Mint products to launch in 2011 with 2010 coin dates.

2011 Uncirculated American Gold Eagle Coin – May 5

For the first time since 2008, the United States Mint will offer an uncirculated American Gold Eagle coin. Unlike the bullion or proof versions which have already made their debut, the 2011 uncirculated Gold Eagle is a single product offering that will be available only in the one ounce size — no fractional sizes are produced. Like the proof, it features a "W" mintmark denoting its production at the West Point Mint. The gold coin is unique with its uncirculated finish.

The Mint has not announced how much it will charge for the 22-karat gold piece. All United States Mint numismatic gold coin prices are determined by a pricing policy that considers the prevailing cost of gold. The Mint uses a weekly average for the yellow metal, which will not be calculated until Wednesday morning. Today, the uncirculated Gold Eagle would be listed for $1,778.00 based on the current gold range of between $1,500.00 and $1,549.99 an ounce. A $50 swing above or below the range would raise or lower the coin’s price by $50.

No mintage level has been published as of this writing. The United States Mint has indicated that there will be no ordering limits.

2011 Eliza Johnson First Spouse Gold Coins and Bronze Medal – May 5

Numismatic proof and uncirculated 2011 Eliza Johnson First Spouse Gold Coins will also launch on May 5. (If the United States Mint follows precedence, it will also stop selling the remaining Abigail Fillmore First Spouse Gold Coin on the morning of the 5th.) The 24-karat gold coin is the 18th release in the series and the first of the 2011 First Spouse Gold Coins.

The Eliza Johnson obverse features her portrait. The reverse depicts three children dancing and a Marine Band fiddler playing at the children’s ball that was held for President Johnson’s 60th birthday.

Based on the aforementioned gold coin pricing range, the proof and uncirculated coin today would have prices of $929.00 and $916, respectively. The United States Mint has indicated that the combined mintages for both .9999 fine gold coins is 15,000.

The Mint will also offer a bronze medal that features a likeness of the gold coins for $7.95.

When available, ordering for the collector products will be accepted at http://www.usmint.gov/catalog or at 1-800-USA-MINT (872-6468). Hearing and speech-impaired customers with TTY equipment may order at 1-888-321-MINT (6468).

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