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Andrew Jackson Individual Proof $1 Coins

Andrew Jackson Individual Proof $1 CoinsThe Andrew Jackson Individual Proof $1 Coin will be available through the United States Mint Thursday, August 28, at 12 noon (ET).

Andrew Jackson was was the seventh President of the United States and the special individual proof coins honoring his presidency are priced at $5.95 each.

There is a $4.95 standard shipping and handling charge, which makes the total cost more prohibitive unless ordering them in quantity or with additional U.S. Mint products. There is a 5 order limit is in place for the proof singles.

Jackson Presidential $1 Coins first entered circulation on August 14, 2008 with their ceremonial release at The Hermitage, the home Jackson built and lived in near Nashville, Tennessee. It was the third Presidential Dollar for 2008 and the seventh since the series began in 2007.

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Alaska State Quarters in Bags and Rolls

Alaska State Quarters in Bags and RollsThe newest state quarters honor Alaska with bags and rolls of the coins available Monday from the United States Mint.

Collectors can order 100- and 1,000-coin quarter bags or two-roll sets with 40 coins each from the U.S. Mint facility at Denver and Philadelphia.

The Alaska state quarter is the 49th, and second to last coin released in the United States Mint 50 State Quarters® Program. The popular program began in 1999 and ends with the Hawaii commemorative quarter set for release in November. To date, over 33.7 billion state quarters have been struck.

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Alaska State Quarter to Roll Out at State Fair, Public Coin Forum

Alaska State Quarter, reverseThe ceremonial launch of the commemorative Alaska state quarter will occur at the Alaska State Fair, the United States Mint announced Thursday.

The Alaska state quarter is the 49th coin in the popular United States Mint 50 State Quarters® Program.

The reverse or tails side of the coin features a grizzly bear emerging from the water clutching a salmon in its jaws.  The North Star is depicted above the inscription “The Great Land.” 

Additional inscriptions are “Alaska” and “1959,” which is the year the state was admitted into the Union.

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Jackson Liberty First Spouse Gold Coins Arrive Aug. 28

Jackson Liberty First Spouse gold coins will be available from the United States Mint on Thursday, August 28. The 1/2-ounce proof and uncirculated versions are priced at $619.95 and $599.95, respectively. Both versions have a face value of $10, are composed of 24-karat gold, and have a total mintage of 40,000.

Jackson Liberty First Spouse gold proof and uncirculated coins

The current prices are the same as the Louisa Adams and Elizabeth Monroe spouse gold coins, even though gold has come down in price recently. (See live spot bullion prices.) Ironically, the 2007 Dolley Madison proof and uncirculated versions are still available and priced at $529.95 and $509.95, respectively.

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2008 U.S. Mint Silver Proof Sets Arrive August 26

2008 United States Silver Proof Set™The 2008 United States Silver Proof Set™ will be offered by the U.S. Mint Tuesday, August 26 at noon (ET). The 14 coin proof set carries the same $44.95 price tag as the 2007 sets, and no order limits are in place.

Each coin in the set bears the “S” mint mark, denoting they were manufactured at the United States Mint at San Francisco.

This year’s set includes the final five commemorative quarters to be issued in the United States Mint’s 50 State Quarters® Program:

  • 2008-S Silver Oklahoma Quarter
  • 2008-S Silver New Mexico Quarter
  • 2008-S Silver Arizona Quarter
  • 2008-S Silver Alaska Quarter
  • 2008-S Silver Hawaii Quarter

In addition, the proof set contains the following five $1 dollar coins:

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Monroe Presidential $1 Coin and First Spouse Medal Set Released

James Monroe Presidential $1 Coin and Elizabeth Monroe First Spouse Medal SetThe James Monroe United States Mint Presidential $1 Coin and Elizabeth Monroe First Spouse Medal Set is now available for a price of $7.95.

The set was released Wednesday, August 6, and includes an uncirculated Monroe Presidential dollar coin and a bronze medal bearing the likeness of the Elizabeth Monroe First Spouse gold coin.

James Monroe dollars were the first $1 coins released in 2008, and the fifth in the Presidential series.

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U.S. Mint Pulls American Eagle Platinum Products

The United States Mint’s online product pages no longer offer or display 2008 American Eagle platinum coins. All platinum coins to include individual and sets within the uncirculated and proof categories are gone. No message is currently in place to indicate why or whether they will return.

The hope is that the Mint has pulled the products in order to downward adjust prices to make them more inline with current platinum prices.

In recent weeks, the price of platinum has plunged dramatically in the wake of concerns and data regarding car production and sales figures. Platinum is used in vehicle catalytic converters and that purpose accounts for some 50% of the world’s demand for the metal.

At its worst on Monday, Aug. 4, U.S. Mint American Eagle platinum proof coins had premiums between 59%-79%. Premiums around the 30% range have been more the norm for such coins, and reflective of what they were when the Mint first released this year’s proof batch in May of 2008.

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U.S. Mint Treats Media to Gold

8-8-08 Double Prosperity Set U.S. Mint Director Ed Moy treated the press to a golden experience today by providing a glimpse inside the United States Mint at San Francisco to behold the new gold, two-coin 8-8-08 Double Prosperity Set.

The set includes two gorgeous uncirculated one-half ounce gold coins — the 22-karat American Eagle and the 24-karat American Buffalo. Both are packaged within an "elegant hardwood box."

 

“The 8-8-08 Double Prosperity Set presents a once-in-a-lifetime opportunity for coin collectors and the general public," said Directory Moy. 

"The date 8-8-08 (August 8, 2008) occurs only once every 100 years.  To mark this occasion, this is also the first time the United States Mint has paired two gold coins in custom-designed packaging, making this set a unique product for the Asian-American community.”

 

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U.S. Mint Making a Mint with 59%-79% Premiums on Platinum Proof Coins

2008 American Eagle Platinum Proof coinThe United States Mint is showing they’re extremely proud of their 2008 American Eagle Platinum Proof coins with premiums running between 58.7% and 79.1%.

The price of platinum has taken a beating as gloomy car industry data continues to take its toll. About half of the global platinum supply is used in vehicle catalytic converters, and U.S. car sales slipping to a 16-year low is no good news for platinum’s demand.

Today, New York platinum futures dropped to $1,563 an ounce, or another 5.6%, to a fresh six-month low. The metal has been giving up ground since the middle of July.

With such a southerly, multi-week turn, expectation would lead platinum coin buyers to expect lower prices too. That hasn’t been the case. At least not for the U.S. Mint’s 2008 American Eagle Platinum Proof coins.

For whatever reason, the Mint seems content in selling coins that once had premiums marked in the 30% range, but are now marked up between $124-$1,700. The following tables reflect prices and premiums.

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Platinum Proof Coins Resumed, Prices Outrageous… What Was the Mint Thinking?

2008 American Eagle Platinum Proof coinThe United States Mint resumed sales of 2008 American Eagle Platinum Proof coins Thursday and the new prices are mind-blowing. One coin’s premium is marked up a whopping 63%. The popular one-ounce platinum coin is $796 higher than yesterday’s platinum price. What was the Mint thinking?

The 2008 platinum collector coins come in bullion sizes of one ounce, one-half ounce, one-quarter ounce and one-tenth ounce. There is also a four-coin set available that includes each coin size.

The Mint temporarily suspended sales of the proof versions in late June “due to the increasing market value of platinum.” They were expecting prices to go even higher. At that time, an ounce of platinum (New York) was around $2,070. Yesterday, when coin sales resumed, an ounce was actually LOWER and closed at $1,713.80.

In fact, platinum prices are now lower than when 2008 proof platinum coins first went on sale! Yet, the Mint raises prices?

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